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Submitted by reader Keyser Soze
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but they make us so much money...
We need a "Dear Congress" letter demanding a purge of Goldman alumni from any and all government positions. Send those assholes packing.
Amen!
The letter should include the outster of "Czars"
Czars’ are an attempt to bypass the congress and create a dictatorship.
Corporate compensation "Czar"? Give me a break!!
Eventually, the Czar and family were taken to the basement and shot. No big public ceremony like they did in France.
Just taken to the basement and shot.
Russia, not France. Not one to hit a gift horse in the mouth, but you are mixing metaphors.
That would be a bit over the top.
I could see all those who directed or assisted in the stealing of taxpayer money be outfitted with orange jumpsuits and shackles fixing the potholes all over our great nation. I just had to replace a tire due to a "belt rupture".
I say start with these folks:
http://www.zerohedge.com/article/some-more-observations-goldman-squidweb
Stay tuned...
Ditto John King.
Separate the drug (government) from the addict (Goldman).
Goldman, step away from the government. You can do it. Try the free market.
I am not sure if this is supposed to be funny or serious or what. All this ground has been covered more completely and ably by TD and crew. Waste of time
Every drop on a stone eventually wears it out...
While reading this I noticed a few erractic red laser points on my person. Should I be alarmed?
fantastic piece of writing. Bravo Keyser, bravo.
Not much being made the fact that Buffett sold more stock than he bought this year despite all his publicity about buying things before the robins return and all that crap. He spent more money loan sharking at 10-15% to GE HOG and GS than he did buying stocks this year. He was paraded around as an American hero, but went out and shorted the dollar and sold stocks he told the public to buy.
Buffett is old news and is as bad as Suze Orman anymore.
Wow, if thats true that Buffett sold more shares over the last year that's filippin ridiculous. What a hypocrite!
I wonder are there any legal class actions possible from GoldSack clients against them for not giving them the best of service and/or frontrunning them?
The VWAP algorithms going through Sigma X and VWAP reversion strategies are two completely different things. You have absolutely no idea what you're talking about.
You're right.
I suggest Goldman throw the doors open to investigators so we can find out just how wrong we are.
Sunlight is the best disinfectant. ...Here it comes!
http://seekingalpha.com/article/152435-mortgage-melt-down-investigation-...
http://www.reuters.com/article/pressRelease/idUS135095+27-Jul-2009+PRN20...
This party's just getting started.
Maguire Properties u-turned and getting HeatMapped by desperate daytraders hoping to make a 40% gain in one day..
LOL...
i swear when i saw the article this morning my first thought was that the riverboaters would run it.
looked for you at the freddie mac pai gow tables at the casino this a.m.
Please explain this to a novice. Day traders can "heat map" and drive the stock price up but eventually someone has to buy the crap at the elevated price. Who's dumb enough to do that on these dogs they are heat mapping?
think musical chairs
Garden variety short squeeze. Management said it is "comfortable" with its liquidity. Oh really. Yes, and by the way there's no need to renegotiate with the banks, Maguire is just going to mail them the keys to 7 office buildings in Cali.
Lloyd "Verbal" Blankfein, Hank Paulson IV, Benny Bernake, T. Franz Geithner, Neel "Chump" Kashkari... the usual suspects... round 'em up.
Man, I hate it when people don't use appropriate punctuation.
I am Chumbawamba.
Here is why nothing will be done. This is "Other People's Money" and your own money only to the extent that your perfomance is linked to the money you are managing. These questions have to be asked by every pensioner, every individual who contributes into a pension or 401k. If they do not ask or threaten to stop contributing till answers are given, then they deserve to lose everything to Goldmans of the world. And 'They' are 'Us'
Keyser,
Let me know if you want me to proof read any of your letters.
DavidC
Almost all this angst is from wannabee traders who can't make two cents in this market.
First of all, trading for a living is a pitiful way to earn a buck. It's worse than poker scum.
Second, if TD could earn a living trading he'd be doing it, not humping the blogisphere.
That is not true. The angst is also from people who are retiring or lost their jobs but cant pull out anything from their 401ks or Stock Accounts because there is zilch left there. There are so many us, who now have, at a mouse click, access to more information and view points so that we can at least begin to understand some of what is going on. Me, for instance has come to the conclusion that when I retire I am not going to have anything from social security or from 401k. Reading all this has brought me to the conclusion in the past 20 years I have put away my savings into these tax deferred scans so that all these middle man could get fat knowing that I will be left holding the bucket. And I realise what a scam I played into..And I am little upset: to say the least. As for traders - they are small fry who play only one role - to keep the day to day momentum in the desired direction of the big sharks.
"I'm toast, but at least I'm well-informed toast!"
To Anon 31530; I guess you missed the move in ACAD this morning. Come on, pay attention, set your alerts, watch for new highs.
I think Soros, Rogers, and Jones, to name a few, would take exception to your comments.
Could you put links up to the Ipaper as pdf downloads or something. I'm not sure exactly what it is but the Ipaper(or what ever its called) gets blocked at my work. The way you've redone your site pretty much makes everything readable to me anymore.
^^ UN-readable
pdf attached to the post now.
I wish someone would put together a list of all the internet IPO's that GS brought to market during the internet bubble as well as the CDO's and MBS they packaged during the housing boom and state what they sold them for and what they are worth now. I would also like to know how much money they made shorting this same crap when the market turned. If you can include the CDS's they had on BS and LEH during the finacial panic that would be worth bonus point.
This is crap.
Posting it does nothing to further your cause.
I'm coming to the conclusion you'r a bit of an idiot savant, right on Flash, wrong on most everything else.
You played a bit part, on Taibbis back, in channelling some polulast rage at CNBC and Goldman,well done.
But aside from those stories, this looks like a one hit wonder site.
Good luck
People like you make me fucking sick to the stomach.
This is my dick- suck hard I'm a hard cum ( old dude ).
Here is why nothing will be done. This is "Other People's Money" and your own money only to the extent that your perfomance is linked to the money you are managing. These questions have to be asked by every pensioner, every individual who contributes.
recommended: my newest bookmarked finance site: http://www...
So is this just a snarky joke?
If all your readers get that Keyser Soze is a character in the Usual Suspects, I guess its a hoot. If not (and apparently at least of few of the commenters aren't in on the joke) the joke's on those of us who showed up here looking for some thing real.
I don't get the relevance of the Tyler Durden allusion any more than I get this one, so I assume this whole project is a fratboy prank.
It is not that goldman sachs is smarter. It is that its clients are dumb and dumber. They deserved to be frontrun and robbed accordingly.
Dealing with the house who has seen your card can only be said dumb. Well, they are at least 2000 of them out there.
Where on earth do you get this crap? This sort of nonsense does no good for the credibility of this site.