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Sorry to start with a distraction,
but Tyler, I'd like like you to answer...
WTF happened to wikileaks GD BOA disclosure?
Perhaps you should direct your question at @wikileaks
ZOMG. TYLER DURDEN TALKED TO ME.
LIFE = COMPLETE
Hmm. Who would win in our fight club match, you are
tyler Durden, the pinnacle of man, I am THOR.
You think you're Thor, I can't even pith! Just could not resist!
Mad Karl D was calling them out as frauds yesterday. Not sure I'd like to pick a public fight with them, but it was funny.
Obviously wikileaks = /dev/null
cat wikileaks/BOA_files/*.doc >/dev/null
cat wikileaks/BOA_files/*.doc >/dev/null
Fixed it for ya! :>D
Watched that JA segment on 60 mins. Sun. I waffled between arrogant plick and nutjob. Thinkin Julian may have maginalized himself. Every. Word. Measured. Do I need JA to tell me BAC is a bunch of crooks? Old news.
Tyler, the stock is still up nearly 1.75% in AH.
no it's not. currently 3.40 / 3.50
edit: make that 2.99 now ...
Guess I was checking the price before the traders cared ;) It's about to punch through $2.40 now.
should be a 600-1000% gain on the Feb 6 puts.
damn...wish I had some of them:-(
This "Connecticut man" doesn't travel in my circles, but if he did I'd remind him that losses aren't to be suffered. They are to be pawned off on [bleating] taxpayers. Otherwise it's not a risk worth taking.
I know with some degree of certainty that the wikileaks diplomatic cables revealed 'conversations' which never took place.
Let's see. The legitimacy gap is about 4 billion light years across. This gets them about 2 feet. Keep throwing millionaires into the pile.
"Of course, with old blue eyes indicating his last minute participation, we are 100% confident that the firm will pass with flying colors."
for real... a little bit of revisionist history in the updated post for sure.
Oh! A drug to fight obesity - how could that possibly exist - what would it do, melt cholesterol into energy, in someone's blood? surely, mushrooms and a dimly-lit salsa class, or something simpler.
Better to find a drug to fight Obsessive Consumption Culture...oh, that's right, there is one and it grows wild.
Oh! A drug to fight obesity - how could that possibly exist
The FDA found out that this drug already exists and is fully operational, it's based on the "Bernank inflate to deflate" model.
Merikans should not worry, it's underway.
At 'Man without a Q' , yeah, that's what I read too, Gosh, TD... is that pride in your own work finding its way into the way you walk, too?
This is seriously the STUPIDEST theory I've ever seen on ZH. So, the guy lost millions of dollars on purpose? And yet if he turned out to be right, ZH would be talking about how it's even further evidence of "inside information-driven corruption."
This site has become a joke-- kind of like Cramer, only on the opposite end of the jokedom spectrum.
Geezus, that's some harsh shit. Thinkin my sis would rather be called a fat cow than compared to Cramer.
I'm still scratching my head over Cohen's bet. Drooling actually. Like to play cards with him sometime.
Maybe it is to demonstrate that they didn't have access to insider information on their previous successful deals -- I read in WSJ another Hedge Fund Manager has been accused of tapping the "expert network" resources. Maybe like GS, Cohen is trying to prove after the fact that they don't have a 100% track record...
Of course, that's the ZH "theory," such as it is. However, no prosecutor would consider what they did today to be the least bit relevant to what they've been accused of doing for the past 15 years, especially as today they know how much scrutiny they're under. Additionally, however many millions of dollars they lost on this trade would have gone quite far in paying any potential legal bills that might arise due to allegations of incorrect past behaviour.
You are very logical.
You need some theme music.
lol.. Geez, I've always hated that song!
An atom walks into a bar, orders a drink. Takes one sip and starts crying. The bartender says "What's wrong? The atom says "I think I just lost an electron!" The bartender says "Are you sure?" The atom says "Yeah, I'm POSITIVE!!"
you are so funny in the morning. you had me @POSITIVE†
I give you a D for douchebag. I bet you watch Cramer every night and complain about him too.
There is some circumstantial evidence to support ZH's position, which in itself, does put ZH out of Cramer's league.
Will someone make a market for ITM puts say P1000 for lets say........7 or 8.?
The FDA may have shit canned Orexigen but it worked fine for Cohen. Trimmed 20 m worth of fat in a day. I likes dem fatties!
I like this news. At some point even people who supposedly know the outcome of the sometimes bizarre drug approval process get burned. I like to see hedge funds take risks and take hits.
I have argued that the SEC should have a similar process for creating new financial services products. Not the consumer protection madness that's been outlined in Dodd/Frank, but a process that goes beyond "No Action Letters," which is the process now.
This deal may still work out for Stevie. I wonder if he'll press his bet. Can you imagine what happened to the FDA Consultant who made this call?
Put me in the controlled demolition 'conspiracy theory' camp.
Indeed, Stevie had his way with that fat cow..only ripped his shorts when running and jumping over the fence before the bull arrives.
Just another example of how "gambling fever" has now gripped Wall St., when big guys like Cohen start making wild and irresponsible bets.
Yeah... A wild & irresponsible bet.
That's Steve Cohen's style...
Not! This $20 million investment probably does well to establish reasonable doubt if prosecuted. Chump change considering the $$$ hundreds of millions/billions in profit he's made on these deals. Smart guy that Cohen.
I think investing in obesity drugs or Alzheimers drugs is totally foolish. This "drug" is a combination of two already existing drugs, an anti-depressant and an anti-addiction drug. Not exactly something new based on any understanding of what is really going on in obesity. Same can be said about Alzheimers, we don't understand the biology yet.
More importantly, who was on the other side of this generous trade by Mr Stevie, and how has Chuck Schumer benefited if at all? Also did Goldman "make markets" in any correlated short positions for SAC and if so what was their take?
wait, if he's right, then he's guilty of knowing too much
if he's wrong, then he's still guilty of knowing too much?
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