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Can't these people hit the "off" button for a freakin' minute, and give us a break before committing the next felony?
What's a little felonious intent among such intimately related parties... as long as all the "4" branches of government are in harmonious agreement... then conspire away to victimize the general public... many of whom have no ability to comprehend any of this... the game is rigged... and it is rigged in favor of those who understand how to navigate complexity...
Glad to finally see some transparency:
AIG To Release Second-Quarter Results Without Call
I would sell my soul to kick McCulley in the nuts.
I'm not so sure he has nuts.
Correct - Bill Gross keeps them in his top left desk drawer.
$4 MIL -> $0 < 1 YEAR.
Gotta feel kinda sorry for the determined shorts who blow up...
"I shorted 500 ES contracts at 1003.75 today. Possible target is around 935. This is more like a short term trade and the only opportunity I have to recover, as I expect this move to happen in days."
Dude, no blog pumping here please. One post a day is enough. Not in back to back ZH posts. Not acceptable.
If I understand your equation correctly... you took $4M to $0 is less than 1 year?
Wow! It must have been one hell of a party.
Pimp CO overseeing anything? Might as well have Goldman as the ultimate watchdog. When will we ever get pissed off enough to grab the pitchforks and head to Washington and New York. We need to take the country back.
Stop blogging, talking and set date and time. The only way to stop these crooks to come after them. Calling them and writing letters is useless. This forum can make a difference. Let's march into washington and take it back.
September 12th, 2009. D.C.
Im there...is there a site where I can get more information to share with friends and family?
I'm still waiting for the Money Investment Liquidity Fund (MILF)
i thought that was michelle.
damn she is looking delicious lately....
By the way AIG has decided NOT to do an analyst conference after Q2 release. I guess they don't want to say anthing that could get them prosecuted 6 months from now. Needless to say the stock only moved 0.5% on this news
I recall talking head Dennis Gartman at a CME conference discussing Pimco Bankrupting him back in the 80's.
Pimco is always were it's at, always has an edge.
Don't ever take the other side of Pimco's trades.
Thwey put they guy in for anaysis and say they can ignore him. goldman still gets to sell of crap!!
since Jefferson Co, Alabama's problems are, in part, due to investment in securitized, asset-backed instruments and since this thread involves TALF, I don't believe the URL below is entirely off-topic:
Have to comment on the many post attacks lately here aimed at ZH and Tyler for being bearish during the rally from march. The ZH has been telling it as they see it this year. ZH is not your financial advisor.
Lost some money on shorts?
ZH didn't tell you to short or long anything.
Don't like what they say?
Then then don't come back.
Thank you. I'm here for information and credible opinion not advice. " .. the most expensive advice I ever got was free."
Exactly. This blog is a high-intensity opinion and analysis source. Some dumbshit poster once warned me not to trade with TD. Newsflash to any and all: This is not a trading site. Keep up the good work TD and company.
Hear-hear! Very well said anony.
I'm as yet unconvinced regarding PIMpCO's nefariousness. I guess I've just never heard anyone make the case. I've heard them toe the administration's line from time to time, but aren't they shorting Treasuries or at least not purchasing them? Didn't they pull out of the PPIP?
I'm quite sure that with as much firepower as they have, its a major edge over competitors they they use and abuse from time to time. But as my impression of them stands right now I'm inclined to believe they'll reject some of the most egregious TALF collateral.
oh man, don't you remember bill gross talking his book during the days before the tarp was passed. oh he was very much a benefactor of the largess provided by the us taxpayer backstop.
I agree with you Steak- I think they are pretty pragmatic. Plus, they just added Tony Crescenzi, who seems to have insightful commentary on CNBC.
One thing I was curious about last fall was their exposure to AAA-rated financials. IMO bondholders should have taken it in the teeth... Certainly more than they did (if any) because of the gov't coming in just below them in the capital structure. How convenient?
The same can be said of all the large pension/bond funds though. They all got lucky. To be clear I haven't looked into this at all, but it was a curiosity of mine. (Just how much unsecured debt WERE they holding?)
As for Gross talking his book- who doesn't?
And the market ends up higher. Ha ha ha ha ha! What else can one do but laugh hysterically at this point?
Here's two things one could do:
1. Go long.
2. Sit it out.
Cash is a position. Seriously, if you think the market is being gamed, pull your liquidity. It's easy and it feels great.
oh yeh why not. put the fox in charge of the hen house. when are they going to be in the streets? this is insane....
What a bunch of horse shit that is.
In other news, I just found out that Citi is administering the Cash For Clunkers deal (I am sure it was public knowledge, I just didn't realize).
The looting never does stop.
Just heard a news story (MnPubRadio)that car dealers only have received 1%...Dealers said it was being poorly run and they have a clawback contract with people buying in case they don't get paid by government. I am guessing Citi is soon announcing bonuses on a $1B windfall?
Hmmm. So consumers would be stuck with $4,500 more in debt and/or defaults and repos go through the roof. That's just what the economy needs.
Just when you thought it was badddddddd...Citi is looking for 300 contract employees to handled the contracts for this process. Employment at will 15.00hr, no benefits. I wonder what they will charge the goverment for these employees?
I wonder what they will charge the goverment for these employees?
30 billion dollars
I wonder what they will charge the goverment for these employees?
Exactly...applicants: Acron experience helpful...
If the dollar had a funeral it would have this document pinned to its chest....
Are there any hens left in the henhouse or is at only foxes left?
I agree. Until people are willing to protest en masse across America, we will never make a dent.
WHERE are the Goldman protests?????
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