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Sunday Reading
- Japan democrats win landslide in historic election (Reuters)
- As Germany's Angela Merkel poised next on the chopping block (Bloomberg)
- Must read: REITs racing to bankruptcy (Contrarian Profits)
- Alan Abelson: Sometimes a great nation (Barron's)
- World stocks controlled by a select few (Global Research)
- Russia's perspective on America: The new bourbons (Pravda)
- Reuters picks up on Barney Frank endorsing HR 1207 story, first reported on Zero Hedge (Reuters) - might be just a little tougher to back out now...
- Lehman claims could reach $100 billion, as the company's stock skyrockets (Reuters)
- Halting recovery divides America in two (WSJ)
- Rakoff pokes further at attorney client privilege in bonus case (AmLawDaily)
- The dollar carry trade: cheaper to borrow in USD then JPY (Debts of a Nation)
- CHF1 trillion of Switzerland's CHF2.8 trillion of foreign money is untaxed "black money" (Swiss Review)
- China Investment Corp fuelling stock market bubble by investing in hedge funds (Bloomberg)
- More SEC stupidity: regulator designated questionable rating agencies (Dow Jones)
- China's SOE may terminate commodities contracts (Caijing)
- AIG shares look overpriced (Reuters), talk about an understatement
- Fighting alcoholism in Russia absolutely impossible, Medvedev says (Pravda)
- Wall Street betrayal seen in $4.8 billion company debt losses (Bloomberg)
- The Zell of the brawl (Breakingviews)
»
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with respect to msorense, who posted this earlier. long but definitely worth it
http://www.kpfa.org/archive/id/53994
say that reminds me, what's this horseshit he's saying about going after people who were smart enough to walk away??
Great link...thanks...
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I know someone in the Northern California area who stopped paying his mortgage MONTHS ago and the bank has not even contacted him. He contacted the bank and they told him they were backed up and would contact him in the future. The bank has not yet followed up with him. Meanwhile he went and bought another home and has already moved. At the same time he is renting out the home he stopped paying on… F—NG crazy. I’m working my job like an idiot and he is making money by renting out a “stolen” home. ABSOLUTELY F—NG CRAZY!!!! Don’t misunderstand me, I don’t blame him. He is just doing EXACTLY what the banks are doing in collusion with the federal gov’t . But when you see it in context of an individual you see how messed up it really is.
This whole thing makes me sick. Atlas Shrugged is playing out in real life. This entire thing is a disgrace to what our nation was founded on… time to get our guns out and reform the banking industry… 1776 style…
Blackstone’s Schwarzman Selling Hamptons Home for $7.2 Million .
He’s selling it as he completes construction on a 9.9-acre estate in Water Mill, New York, also on Long Island, the Wall Street Journal reported today. He bought that property for $34 million in 2005, according to the Journal.
Schwarzman was the highest-paid executive in the U.S. last year, with compensation topping $702 million, the Corporate Library reported on Aug. 14.I am sure lots of people would be interested to know where he stays.
Folks, there is nothing wrong in getting those money back. Cheers
and from Forbes
Rep. Frank seeks compromise on Fed audit bill
http://www.forbes.com/feeds/afx/2009/08/29/afx6829094.html
"...
The Financial Times reported on Saturday that Frank hoped to bring forward compromise legislation that would safeguard the Fed's independence, while enhancing transparency and creating checks and balances for the central bank's use of emergency lending powers.
Steven Adamske, a spokesman for Frank, told Reuters the congressman would work with Paul on a compromise bill. He said compromise language had not yet been written and provided no further details. A spokesman for Paul could not be reached. ..."
(please note the Reuters article originally put up Saturday around 9:30pm based on input from an 'aid' of Barney's was changed significantly overnight (the Forbes referenced article above was picked up from Reuters and is still the original - also note that the new Reuters article buries and dilutes the "compromise idea" a few paragraphs in)
W
T
F
At first I thought a thorough list of caps locked profanities would work well to express my feelings. But these words are very limited so I'll just say that I am angry.
The current bill at last count has 280 cosponsers! That's more than half of all representatives! What is logic's name is he thinking? Do 280 representatives have to compromise with one jerkoff? What is really being compromised here? This audit 'political' process is such blatant display of corruption and the true shepherd and dog relationship of the fed and government yet it not angering the sheep one bit. Why?
I hope guilt consumes these people sooner rather than later.
Bawney Fwank is Owiously Cowwupt
Guilt? Hope? With ammunition like that, this is going to be a lopsided battle.
Michael Corleone knows how this works:
"I saw a strange thing today. Some rebels were being arrested. One of them pulled the pin on a grenade. He took himself and the captain of the command with him. Now, soldiers are paid to fight; the rebels aren't."
"What does that tell you?"
"It means they could win."
...
I certainly understand your frustration. The item I would point out is that just because someone is a cosponsor of a bill, it does not necessarily mean that they really support it. It's just another part of the legislative process that is hypocritical, like the members themselves.
What they will try to do is embrace, extend, and extinguish. We have to keep up pressure for a real audit.
What is the goddamn address at Barney Franks house.
Someone in that area needs to pay him a visit, on behalf of the American people. Put some sense into the sell out bastard.
Send Money , get Barney Frank Out.
I found that some of the second tier local newspapers show more truthful RE picture that main media:
http://mortgage.freedomblogging.com/2009/08/29/record-8000-mortgages-set...
and yet another one:
http://mortgage.freedomblogging.com/2009/08/28/reader-debates-sinking-mo...
1 st paragraph says it all. Not only mid level homes were bought by people who couldn't afford those homes but upper end RE is facing the same problem - financially overstretched owners.
p.s. I realize that ZH is after a big fish, however there are plenty of small times fraudsters worth covering. If I had a ZH wish list coverage of those would be on it.
exhibit a:
http://latimesblogs.latimes.com/laland/2009/08/pomona-man-and-his-two-co...
exhibit b (Energy LP's was another "hot" area to for the "small" scale charlatans)
http://www.sec.gov/divisions/enforce/claims/providentroyalties.htm
p.s. I would suggest small/local fraud tip line.
I want to move to Asia... hmm need to land myself a job in Singapore or something...
Riverboaters are now gunning Lehman Bros.
And don't forget the former GM, now called "Motors Liquidation"...
LOL...
robo....missed your column friday...you gonna be back right?? please?
and, don't forget the pics!
second
x3
p.s.
http://www.djmick.co.uk/really/24-pictures-of-nice-view-moments/
a good provocative pix that might go well with LEH submariners ...
p.s.s. Wonder, what % drop will it take for western funds to start withdrawing money from red dragon - China? The only stats I saw was an inflow of cash into Emerging Market funds, which is rather surreal.
yo comrade, out of the blue, Kel Tec SU 16. bad ass little piece
Veteran, I have the Kel Tec pf-9. Nice little bugger. Built in the USA.
Thanks. Haven't heard a whole lot about Kel Tec brand but a helluva lot cheaper than an M4, (strictly US Army Infantry experience on my end). Interesting mix of AK durability with M4 bolt technology. Know this isn't a gun forum so will leave with this via Naked Capitalism
http://www.washingtonpost.com/wp-dyn/content/article/2009/08/28/AR2009082802111.html
I know Yves is persona non grata around here due to thin skin but knowledge is power, yadda yadda yadda, no matter where it comes from
PF9 is Project Mayhem approved! Very accurate for a pocket 9
you haven't seen a bad ass till you ve seen dat:
http://www.theonion.com/content/video/obama_axes_pentagon_plan_to_build?...
virus alert on the page comrade...
strange, you could try 'em 1st article:
http://www.defensetech.org/
when it comes to toys those guys are my ultimate source.
Russia's perspective... (Pravda)<\i>
Buhaha. Never expected TD to promote this silly crap on ZH. The Soviet-era newspaper Pravda was closed down 18 years ago. Pravda.ru is a website for old lunatics run by former Pravda journalists who couldn't find themselves any job in modern Russia.
The Japanese election bearish for the dollar?
http://market-ticker.denninger.net/
""""More ominously a link-up between the Yen and Yuan, unthinkable with the former government, now looks possible. Create a basket-of-currency settlement system over in Asia with the Yen and Yuan as the core elements and the US immediately loses control of the game we've been trying to run with the banksters and fraud-laced credit games in the United States."""
That'll be working and in place before mid november. US will be in time out and in enforced isolationism.
Too bad the article in Gloabal Research wasn't more explicit. Names would be helpful.
The Global Research article is based on an upcoming article in Physical Review E (a physics journal). I will be getting a copy of this upcoming issue as soon as it's out, probably next month. I'm sure someone at ZH will do some sort of detailed article on it when the study comes out.
http://pre.aps.org/
Someone already posted the link to the article which is posted here:
http://arxiv.org/abs/0902.0878
Thanks anon
Fantastic! Thanks a bunch
Someone already posted the link to the article which is posted here:
http://arxiv.org/abs/0902.0878
Thanks anon
Someone already posted the link to the article which is posted here:
http://arxiv.org/abs/0902.0878
Thanks whomever
Henry Kissinger, April 2009 (four months ago):
"Some of the discussions with respect to the
economic system create the impression that their advocates believe that, at the end of the current crisis,
we will go back to a slightly improved version of the previous system, with perhaps some more
regulation.
I do not believe that that is possible. There are a number of reasons why that will not be
the case. I do not think it will be possible or desirable to restore the dominant position of the United
States..."
Go to Trilateral Commission web site for more.
World's Stocks Controlled by Select Few
http://globalresearch.ca/index.php?context=va&aid=14934
Japanese Housewives in action after the landslide election victory:
Robo,
Biggest moves look to me to be in dollar/yen, euro/yen, swissy/yen, pound/yen, with yen gaining against all four. Thanks for the heads up.
I give, I am buying 1mm shares of Lehman @ 931am. It will be on either block or ARCA (need the rebate) why not? This mkt is insane.
Our voters are idiots....
By ROBERT J. SHILLER
Published: August 29, 2009http://www.nytimes.com/2009/08/30/business/economy/30view.html?_r=1
Soros is the puppet master!!!!
I think Soros is a criminal but thats my 2c
He was convicted in France of criminal activity, involved in Columbian narco-trafficking, connected with the international Bilderberg elite, etc. I'm about to go see that new movie District 9 so I've got to go... this is an okay article on some of Soros' stuff... not a fan of AIM but I can't look up better articles atm. I don't care about the drug legalization but the criminal activity stuff gets on my nerves Cheers
http://www.aim.org/special-report/the-hidden-soros-agenda-drugs-money-the-media-and-political-power/
Isn't it funny how all the rich people want democracy and are all philanthropists and yet we have all these people starving and all the power is just a few hands. It's like they are all lying so we won't FIGHT them becuase after all some GOOD comes out of it.
Arrogance is the least of his nefarious traits!
Soros is the consummate insider trader. (Yes it is illegal!)
Also, he got his start working for the nazis as a confiscator of goods from enemies of the state. What a sweetie, altho Dufresne thinks he has big balls, he never plays a game he doesn't know beforehand he will win.
Soros' money allows him to take extraordinary risks that frequently payoff due to a self-fulfilling circuitry. I hardly view that as "intellect". It is lucky that many people follow his footsteps and help him out in his role.
However, without getting all 'conspiracy theory' over him, he has been in the middle of some of the largest financial and currency manipulations of our day. His massive funding of the Democrats is often ignored, while the funding of the Republicans is called "big business" (what's Soros?). I'm not saying one party is better than the other, just that the hypocrisy of both parties is beyond the pale, and Soros has bought and sold one of them.
The value of government run health care is this (for some businessmen): increased profits due to reduced costs on benefits. It's a short term goal (but all businessmen are short termers now) since eventually improved profits will disappear with increased taxes to cover the costs of health care (and all the other crap the government is doing).
But in the end, one name will loom over all of this - Soros.
Here's another little piece form our friends in Russia....
http://russiatoday.com/Politics/2009-08-29/americas-deepening-inferiorit...
".... America's deepening inferiority complex begins to bite Russia..."
"....As the US beats a path through a social, political and economic forest of epic proportions, is it mere coincidence that news stories on Russia are becoming more hostile than ever?..."
Good reading....
Best regards,
Econolicious
<i>AIG shares look overpriced (Reuters), talk about an understatement.</i>
The fact that AIG shares are priced creates an ipso facto overpricing situation.
In the melt up cometh there was a discussion about a chart in BBerg...here is a better one via doug short...proves to be clearer and more depressing. Hope this works.
[via Doug Short]
http://english.caijing.com.cn/2009-08-28/110230655.html
http://video.google.com/videoplay?docid=-102756987285596323&hl=en
it's not going to blow unless the party says so..., or else.
On the subject of REIT's, I'll be really anxious to dig through some 10-Ks at the end of this year, if we even get that far. In particular the creative application of the FASB13 rules and how these firms report non-cash straight-lining of revenues (if they even get that deep into it).
I wouldn't be surprised if there was a sudden surge of fixed-escalators as the index-of-the-month and a re-papering of entire portfolios at 2x term rates to drive some pro forma metrics and hedge refinancing risk.
good christ.... how 'bout in English (just a little, huh?) for the not-so-initiated? (Please?)
Thank you.
well, it was the first news release about Chernobil (week after); it said a small accident, all injured are being treated and that the party will investigate. There were no warnings about radioactivity fall out, info about mass evacuations or possibility that reactor might.. blow.
Without getting too detailed, if you lease out real estate in a contract that covers multiple years, and you know what the rent will be in the first and last periods of that contract term (rent increases at a fixed amount or percentage, not random like CPI; little more complicated than that, but whatever), under GAAP/FASB13, the number you report as revenue from that lease contract is the average of those payments. So let's say you own the land under Foxboro Stadium, and the Patriots have agreed to pay you $1M/year for 20 years, and to adjust for inflation you've agreed to increase the rent 3% each year. Even though you are collecting $1M in cash payments in the first year, you report $1.34M - the average of those 20 years and the $340k being a non-cash item. The rub is in year 20 you are collecting $1.75M in cash payments and offsetting it with a -$410k non-cash charge to get back down to $1.34M. Hence you have straight-lining: you can't ask the tenant to give you some lump sum up-front (presumbably for a discount in rent), or structure the payments such that you collect a majority of the cash in the first half of the term.
Need me to go on? There's a nasty black swan in this if you haven't already caught it...
Think of it like a sub-prime, no doc, 100% financed mortgage. And if the holder has no cash and is 90-days delinquent, doubling down by refinancing the equity.
Not really CPA territory, considering I'm not an accountant.
As usual, psycho FX trading in Asia.
Robots are short-circuiting everywhere.
ForexRobot, GridBot traders are getting massacred.
Yeah, watch the money roll in....
LOL....
Nothing beats Sunday night/Monday morning FX trading. I love Mrs Watanabe!
Here 'ya go...
can we see the parts with the freckles?
!
Would the crazy bitch stop selling the dollar already?
we can always count on you Robo.....you are the man!
How do I skip to Step 3 and get the girl in the green shirt ?? Thx in advance
Andy, I have added more to our earlier chat on IRS's so check it out at that thread. By the way, no one answered your question as to why Soros is so evil--Project Mayhem--I'm talking to you. Interesting how that happens. No one wants to go into the Russian Mob talk about Soros. Whether it is or is not true--makes little difference. One person cannot rule the market and suffers the consequences of their market investment decisions.
How is that different than Buffett or Vampire Squid???
He who pays, picks the music...
He has more brain cells? Buffett is dead. The man is a poacher at this point. Vampire squid is the same, short term suck it out of all of us with 98% trading profits out of 100%. There is a difference. I could be wrong...they could all be the same organism..oh well. Stay safe.
He's a smart man. He thinks miles ahead...and has done very well.
Hyman Roth: What I am saying is, we have now what we have always needed, real partnership with the government.
I don't enjoy discussing money that does not belong to me...my quote to Mr. Soros 15 years ago...
Crime Pays ----Blankfiend
A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people
JFK
Few men have virtue to withstand the highest bidder.
George Washington
And I am afraid he was right, as exemplified by most of our politicians.
"This disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition, though necessary both to establish and to maintain the distinction of ranks and the order of society, is, at the same time, the great and most universal cause of the corruption of our moral sentiments"
Adam Smith - The Theory of Moral Sentiments (1759)
@Howard Hey -- I said earlier I was leaving , so I didn't have time to go back and review the research on him... just over the course of the years Soros always sticks out in the middle of things, in terms of funding nefarious activities... I hadn't heard anything about the Russian mob and Soros but that would not surprise me.
Like most folks who make it big, Soros is the subject of the sort of lies that become true through repetition. I think his ethnicity also brings out the haters.
Fact is, if anyone started from zero in this world, it is Soros. His brilliance lies in his ability to take in ten thousand pieces of information, and know which one or two are important, and which are meaningless. He does not cut his losers as quickly as someone like Louis Bacon, but his percentage of winners is so high that it has not hurt him as much as it would hurt mere mortals.
Soros is also fairly quiet about his philanthropy, though he would number in the top three largest modern day donors. Given the chance to speak publicly, he tends to gravitate, even rush, towards his reflexivity theory, for which he would most like to be remembered.
ALl of the lies and rumors surrounding him cannot take away from the fact that few, if any other traders are as good as him. Damn, last year while working part time he still made almost $2 billion.
Obviously you cannot be bothered with facts like criminal convictions.
Soros Is Found Guilty in France On Charges of Insider Trading
http://www.nytimes.com/2002/12/21/business/soros-is-found-guilty-in-france-on-charges-of-insider-trading.html
French court upholds Soros conviction
The conviction of George Soros, the billionaire investor and former fund manager, on insider trading charges was upheld on Thursday by a French appeals court, which rejected his argument that his investment in a French bank in 1988 was not based on confidential information.
http://www.nytimes.com/2005/03/24/business/worldbusiness/24iht-soros.html
Are not you aware, criminals are always the largest charity givers.
SH down 5%....sweeet!!!!!!
bye bye stimulas money...lol
wow, even japanese housewives are in retreat. Greenshots are here & greenshots are there. greenshots are everywhere!
Whoever is trading $ will have a fun time. Just imagine the rat race between FED trying to lower $ and every other central bank trying to drop their own currency. Good Times.
Is there a country not trying to debase the snot out of their currency right now? If so, can they handle massive deflation?
The simple answer is NO
My GUESS (!!!) would be countries in the Eastern Europe, because they have to pay back huge loans dominated mostly in EUR & CHF. It's kind of a double jeopardy for them. If they keep their currencies afloat they face drop in exports to EU. If they drop their currencies, they face defaults. In both cases it creates an extra strain on their GDP.
Ok smarty pants, so what's our next move?
who you calling smarty pants?
lmao
You..;-)
ahahaha
TRADE WARS !!!
Whoever puts trade obstacles the last loses the most, and everyone will probably lose a little. Cheap OIL & other commodities. (not for too long) Our government giving up on RE prices stabilization and artificially low interest rate.
Finally, new equilibrium where we spend less and save/invest more with spend/invest level catching up to the historical average level for the US.
p.s. Invest, I meant invest as the whole country into production and not necessary as herd taking on the Vegas. Now it's a good scenario, I shouldn't discount the ability of clowns upstairs of figuring out how to prolong our pain so there might be a bad scenario.
Maybe you're right. The purpose for the question was to, through process of elimination, figure out the best place to live. Eastern Europe is facing great exploitation and civil unrest so its out the question for me. China is not debasing but I don't think it can handle deflation. Israel raised rates but it has exploitation and civil unrest (understatement of the year?)
There has to be at least one though. GDP is not a factor so I just can't imagine that there isn't a small opprotunistic country trying to lure investment into its premises.
HAL9000: I am afraid I can not answer your question.
DEEP THOUGHT: 42
SKYNET: you can run but you can not....
AWSOMO: The answer is classified, however if the price is right....
Zimbabwe it is then!
What is this ???? Are these IPOs on planet earth ???
Reuters:
UPDATE 1-Two more REITs file for IPOs:
http://www.reuters.com/article/newIssuesNews/idUSN2836558820090828
* Brookfield Realty seeks to raise up to $500 mln
* Marathon Real Estate trust seeks up to $300 mln
NEW YORK, Aug 28 (Reuters) - Two real estate investment trusts filed for initial public offerings on Friday, bringing to eight the number of applications since early July by REITs created by real estate companies seeking to take advantage of the distressed commercial property market.
Brookfield Realty Capital Corp, will originate, invest in, and manage, a portfolio of commercial mortgage loans and is seeking to raise up to $500 million in a deal to be managed by Goldman Sachs, according to a prospectus filed with the U.S. Securities and Exchange Commission.
Key word *seeks*
Futures are falling... wonder if we'll have a repeat of Aug 17th... or if they will pump them up overnight? And for such a great election in Japan the Nikkei doesn't seem terribly enthused.
The Nikkei did not get the memo...lol
Yeah... I think pretty much everyone in Asia was left off the email cc:
Geithner and Bernanke have just got to get better secretarial help... maybe the gal in the green shirt is available.
http://alcachondeo.com/videos/perro-huele-culos/ver.html
Bernanke and Geithner interviewing secretaries.
OMG... where do you find these videos? Just when you think you have seen it all... just ask Sqworl to show you that you clearly haven't. Although it does not top the baseball bat guy... subtract the racist comments and he was really funny...
WTF!! "China's SOEs May Terminate Commodities Contracts"
And all you get from the media are these financial clowns talking about how great China is to invest your hard earned money! What an illusion this global propaganda has created. Things are changing fast and most will be sitting ducks by the time they realize that they just bought into one of the biggest scams in history. This goes for everyon not just China. It's seems like a global hand is moving the pieces around and we're just the hairless monkeys looking for the next shiney object to hold before we get clobbered to death by the master trying to take your newly found prize back in his possession, and back to his mantle for his viewing pleasure. Noting works anymore. Lies from the media, fundmentals are insane, TA is worthless.
When I turn bearish It's always brightest before the lights blink out. Like a lawn mower running faster as it runs out of gas and sucks in fumes. (Low volume ramp job over the last few months, Zero value trash stocks shooting to the moon; AIG,C,FNM,FRE...)
God save the poor soals that are back on the beach after the 'all-clear' has been recalled. Are we in the eye of a hurrican, or at the low cycle of a tsunami?
Anon, China tends to blow alot of hot air around - typically like the biggest kid on the block. They made alot of threats "statements" when raw material prices were being re-negotiated that really amounted to nothing. China's foreign investment is plummeting so making threats like this just really isn't helpful.
-10 Anon
That Anon post did not deserve your typical judgement. -10? Get serious. He had a point and it was not worth shooting him down. Sqworl--have you ever seen Bill Maher who you blasted in BOLD CAPS earlier? I'm sick of your nonsense..you KNOW soo much. If you are so smart than profit on it and shut the fuck up. You scream Maher doesn't know what he is talking about. You have no idea that he is 1) against big government, 2) against idiots and religious idealists and 3) a kickass MF because he called out the Government on the war against terror and the MSM ate him alive. He is one of us, not the enemy you portray him to be.
So why not educate yourself with all your opinions, which are so uninformed. You just swing your small dick in the way you think is popular on ZH. Try the smart way. Towards the urinal. Stop being a bully and get your facts straight. Or stop drinking and posting.
I'm waiting Sqworl...just waiting for your nasty reply. In the meantime, post your anonymous resume of real world Wall Street experience. Something that gives your blasting of all opinions credence. Because as far as I can see, you are a hack. Just another bloghag with truly nothing to offer.
Take it easy ,Howie. These internet tough guys are slightly more pathetic than telephone tough guys. facebook/my space/zero hedge (unfortunately) are merely one more sign of the pussification of America, (sorry), World, (wouldn't want to offend our European/Cossack brethren). Heaven forbid we engage in real world discourse.
Thanks...off to bed. You said it well.
Howard: You must get a hold of your thong and gently pull it from your coolie.
Screaming on ZH about China's constant chatter is nonesense and you well know it.
If my post offend you, ignore them!!
Have a great trading day!!
don't worry about that crackpot
There are increasing signs of border skirmishes between India and China.
Check the following news story from India's largest newspaper:
http://timesofindia.indiatimes.com/NEWS/India/Airspace-violations-by-Chi...
Is this the beginning of the war cycle?
aspiring HF(Traders) be aware:
"The Commission's (SEC) complaint alleges that, from at least October 2006 through the present, Graulich and iVest have raised approximately $13 million from at least five investors by offering and selling investments in a trading program that purports to generate guaranteed weekly returns ranging from 22% to 140% with little or no risk."
http://search.sec.gov/secgov/index.jsp#queryResultsTop
and their website:
http://www.ivestcapital.com/
and.. it's gone!
That is correct
I'm loving this new Russian news site. lol.
You mean Pravda?
It's no brainer that Japan goes to protectionism under DPJ. Shanghai knows it.
http://ichart.finance.yahoo.com/t?s=000001.SS
Roach on Bloomberg 8am EDT to 9am