• Leo Kolivakis
    03/17/2010 - 19:38
    One of the world's largest pension funds is suing Bank of America for more than $90m over its 2008 takeover of Merrill Lynch, claiming the banking giant failed to disclose the full extent of losses at the US investment bank. It's about time pensions got tough, but is it too little, too late?
  • Reggie Middleton
    03/17/2010 - 15:35
    Germany is openly saying what we all really know, Greece is probably !@#!$%. The problem is, how can Greece go down without pulling half the Euro zone with it? The Greek tragedy saga is much worse than the mainstream media is making it out to be. Reference my annotation on today's Bloomberg article...

Yes, Credit Traders Have A Sense Of Humor Too

Tyler Durden's picture




No risk of bond jokes taking over the Late slot any time soon. And yet...

source: CreditSights

5
Your rating: None Average: 5 (7 votes)



by Daedal
on Tue, 02/09/2010 - 09:30
#223156

LMAO. Brilliant!

by Cognitive Dissonance
on Tue, 02/09/2010 - 10:00
#223190

:>)

"No risk of bond jokes taking over the Late slot any time soon. And yet..."

Huh? What do you mean Tyler. This "joke" was tasteful, sublime, discrete, subtle, etc. Most certainly not in-your-face like the tasteless big breasted thong wearing jokes spit out by those ugly brutish equity bums from the cheap side of the city.

Please, a little respect is in order for the fixed income side of the house, OK?

:>)

by SV
on Tue, 02/09/2010 - 10:29
#223226

Fo shizzle - Give some props to the fixed income.

by Anonymous
on Tue, 02/09/2010 - 10:21
#223210

brazilian bonds are surging and it's getting pointless.

by Anonymous
on Tue, 02/09/2010 - 10:29
#223227

This is Sparta.

http://www.youtube.com/watch?v=rvYZRskNV3w

by Anonymous
on Tue, 02/09/2010 - 10:49
#223255

This is spartaaaa...yaeaahahha...

by Anonymous
on Tue, 02/09/2010 - 11:36
#223358

This reminds me of the trader's speech that made its way around the street during the crash.

A Few Good Men - A Trader's Version

I eat breakfast three hundred yards away from four thousand hedge funds who are trained to pick me off. So don't think for one second that you can come down here, flash a lack of liquidity, and make me nervous.

"Son, we live in a world that has bonds and those bonds need to be bought by men with balance sheets. Who's gonna do it? You? You, Lieutenant Fuld ?

I have a greater responsibility than you can possibly fathom. You weep for Bear Sterns and curse the short sellers; you have that luxury. You have the luxury of not knowing what I know: that Lehmans death, while tragic, probably saved firms and that my existence, while grotesque and incomprehensible to you, saves markets.

You don't want the truth because deep down in places you don't talk about at parties you want me buying bonds, you need me buying bonds.

We use words like TSLF, PDLF, Super SIV. We use them as the backbone of a life trying to defend liquidity.

You use them as a punchline!

I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very liquidity I provide and then questions the manner in which I provide it. I would rather you just said "thank you," and went on your way.

Otherwise, I suggest you up pick a sub-prime option arm CDO^2 and pay par. Either way, I don't give a damn what you think you are entitled to."

by Anonymous
on Tue, 02/09/2010 - 11:52
#223380

This reminds me of the trader's speech that made its way around the street during the crash.

A Few Good Men - A Trader's Version

I eat breakfast three hundred yards away from four thousand hedge funds who are trained to pick me off. So don't think for one second that you can come down here, flash a lack of liquidity, and make me nervous.

"Son, we live in a world that has bonds and those bonds need to be bought by men with balance sheets. Who's gonna do it? You? You, Lieutenant Fuld ?

I have a greater responsibility than you can possibly fathom. You weep for Bear Sterns and curse the short sellers; you have that luxury. You have the luxury of not knowing what I know: that Lehmans death, while tragic, probably saved firms and that my existence, while grotesque and incomprehensible to you, saves markets.

You don't want the truth because deep down in places you don't talk about at parties you want me buying bonds, you need me buying bonds.

We use words like TSLF, PDLF, Super SIV. We use them as the backbone of a life trying to defend liquidity.

You use them as a punchline!

I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very liquidity I provide and then questions the manner in which I provide it. I would rather you just said "thank you," and went on your way.

Otherwise, I suggest you up pick a sub-prime option arm CDO^2 and pay par. Either way, I don't give a damn what you think you are entitled to."

by Cursive
on Tue, 02/09/2010 - 14:06
#223690

It really was good enough to post twice.  Two thumbs up.

by ZeroPower
on Tue, 02/09/2010 - 14:40
#223752

Nice post!

by zarrmax
on Tue, 02/09/2010 - 12:31
#223385

:)

by Anonymous
on Tue, 02/09/2010 - 12:37
#223505

Bond traders are all bald retards. BALD!

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