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The Senator presents the highlights of his plan for comprehensive market reform
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buy gold. better yet, buy silver....when JPM loses control of that market it is going to be a sight to be seen.
Anyone have any spray? These nasty little gold bugs are everywhere.
Kaufman spoke with the Nytimes yesterday...He is everywhere
http://dealbook.blogs.nytimes.com/2009/08/24/senator-assails-sec-and-urg...
Must not be happy with the contributions he's been getting, so he's off touting until they offer him more to stop
all very vague and hand-wavey
All very GS throw me some payola...its posturing and money grab..fuck him.
Anyone else see the irony of Art Cashin, UBS director of floor operations, talking about electronic/automated trading? They should have asked him about iceberg orders.
hahahah Cashing In with Cashin, what a relic!!
Is it possible that some small portion of the socialists are starting to remember that a functioning and productive economy is the goose that lays the golden eggs (which can then be stolen and redistributed)? Are they actually starting to perceive capital flight? Will Santa be coming down my chimney this winter solstice?
Oh, Santa will be coming. But he will look a lot like Karl Marx, and will distribute exactly 10 lumps of coal in every stocking.
And you will be thankful.
Dark humor doesn't translate well on the Interwebs, does it?
Anthracite is so sparkly tho..
it's for the greater good - how can you argue with that?
Yay, and if Ben has his way, those 10 lumps of coal will be worth a couple hundred dollars by then!
Get your pooper scoopers and place them next to the fireplace on Christmas Eve...FED Poop is the new Coal...Mexico say's if you let it dry thoroughly, it burns better than oil and smells of money!! lmao
Awesome - I'll go long Kingsford.
yes thats true
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions
The oligarchs will ask Kaufman the same thing they have been attempting to tell us. That is; "What's it like to want?"
Nothing to see here. He thought Bernanke had some great calls and forecasts in this crisis..
Really? Where?
http://www.youtube.com/watch?v=HQ79Pt2GNJo
Bernanke is going down in history as the worst Fed chairman ever, and that is quite an accomplishment simply because of the man he replaced. He is clueless, his voice and demeanor display a total lack of confidence in the words coming from his mouth. I am very surprised at Obama not replacing him, although I shouldn't be. Obama has just become another pawn in the game for Wall St.. And here I was naive enough to think we had elected someone who would finally stand up to the "forces of evil". What a joke.
Look into my eyes and repeat after me: He saved us from another Great Depression. "He saved us from another Great Depression." That's right, now EVERYONE say it, say it like you really believe it: He saved us from another Great Depression...
he's just warming Biden's seat til next year's election. he's not elected. he always insists he wont run next year.
so why him? this is a project for someone who'll be around awhile. someone who has some skin in the senate game. maybe he's the only 'senator' who isn't afraid of the financial services industry.
anyway. his 'comprehensive' proposal could be interpreted as a slap at Chuck's flash focus. maybe Chuck wont work with him. the political will here is non-existent. what a joke.
End the Fed.
Thats it. That is the only logical step to take at this point.
All other actions are rendered moot until we can slay this beast!
Taylor, Bean & Whittaker's implosion is not even news. Let's all cheer bowl cut Bernanke and his new bowl hair cut! Yay!
Did CNBC even mention Guaranty blowing up? Let's all cheer bowl cut Bernanke and his new bowl hair cut! Yay!
History will gloss over all the bad news that is leading up to the next jump in history event. "All of a sudden" something bad will happen. It won't really be "all of a sudden" because we are watching the deterioration of financial markets all around us. They would much rather talk about bowl cut Bernanke and his new bowl hair cut than anything really newsworthy.
Larry Summers, puppet master extraordinaire, must have decided that he would rather play a dick chenyesque role to President Obama, then become Fed Chairmen.
As long as a ridiculous numbers like consumer confidence continue to provide meth to this market, i am skeptical that meaningful regulatory change can or will occur. What is the impetus for change in a bull market?
Bank of Montreal up on lower loan loss provisions.. you know because here in Canada the recession (the shortest and most shallow on on record) is over.
Jesus - investors are skipping and laughing all the way to the slaughterhouse.
this market is so fucked...
back to the days where the only risk about the markets is to not be in it...
good luck with that.
no comments on that volume spike intraday? hmmmm.
Tyler, am I misreading you, or are you really putting a lot of faith in this guy getting things done? Do you really think substantive change is going to come from this, or are you just putting this up as one of the 20 or so things you comment on every day?
I suspect that faced with, we're all willing to everything and anything in order to at night. After all, denial isn't just for the uneducated.
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions