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Your Chance To Catch Incompetence Personified Live As Mary Schapiro Testifies Before The FCIC
Don't forget, the FCIC panel continues today with Sheila Bair, Lanny Breuer, Eric Holder and, somehow, Mary Schapiro talking. How the last person on this list is considered an expert in any topic is the only issue that should be debated. At least being away from her 80286-based "enforcement-special" mainframe, justifies the lack of an SEC response on the ESH0 incident. Granted, nobody expects the SEC to opine on blatant market manipulation when the profits made are more than a few thousand dollars.
Live hearing can be found here.
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The only thing that could be more embarrassing than her simply opening her mouth would be if she walked in with toilet paper stuck to her high heels. FRN toilet paper.
That's hot. Are they "used" FRN toilet paper notes or are they freshly minted, still wet and crisp notes?
Just asking. I want to modify (er...improve) my custom "fathead" poster of Chair Bair.
http://www.fathead.com/custom/
oh.
no. That's just wrong.
Schapy for Treasury ~ who else is clueless / foolish / malleable enough to do it?
hah. but she speaks so well !
The incompetence of the people supposedly running the country is a mystery. Are these really the best that the United States could find?
But to solve the mystery think about who would benefit from these people being incompetent and/or corrupt.
Or to put it another way, if you wanted to rob a bank and you could influence the hiring of the security guard, would you push for a bright, motivated alert guard, or some old half deaf, half blind codger?
Gubmint employees simply memorize and implement the playbook strategies as dictated by the elected masters they serve. A work history of previously undiscovered corruption and deviousness are supplemental qualifications for consideration in appointments to these positions........and a confirmed background of never wandering off the reservation is the most valuable qualification of all.
"Are these really the best that the United States could find?"
They are the best sock puppets the United States can find. It's a tough job. After all, how long would you tolerate a finger (er.....an entire hand up to the elbow) up your a** while smiling for the cameras?
You can post questions for the panel to ask by visiting the web site with the streaming content:
http://www.fcic.gov/contact/
Mary, Mary, Regulator-o-contrary
How does your garden grow?
With poison oak, and back room smoke,
And petty trades all scrutinized for show.
Did I miss the SEC's findings/actions on the New York Community Bank options matter?
perhaps it was a "fat finger".....
of course for the bright, motivated alert guard so that he can help to properly execute the theft in case there is a policeman driving by. Is not that obvious? Just look who is the guard now. Is it the "old half deaf, half blind codger" one or "bright, motivated alert guard" one?
ah, that's why she does nothing, "the amount of data is overwhelming"..
Could be worse, it could have been somebody like Christina Romer.
DavidC
i get physically ill if i listen to or read Romer's words.
i'm not kidding.
Me too! God I'm getting sick just thinking about her.
So I won't tell you about the spread she is doing this month for Larry Flynt:
http://farm2.static.flickr.com/1042/567566449_aee13aed88.jpg?v=0
This next one is very risque, for the "hardened" porn connoisseurs only:
http://robertsaucedo.files.wordpress.com/2009/06/thumbnail-php.jpeg
Tell Robo to get his own damn material.
oh my god.
THANK you for saying this...was hoping it wasnt just me!
Is Romer the most horrifying spectacle to watch or what?! She has this shytt-eating grin on her face the entire time she is answering the most serious of questions regarding her or the government's competency. Like it is so clear she knows she is in wayyyy over her head and is just spewing crappp, and she just knows she is going to be called out.
Romer is hands-down the WORST spokesperson for credibility I have ever seen.
Kinda makes you wonder whose dick she had to threaten to suck, to get her job.
LMAO, yep
We might as well trot in Jessica Simpson. There is no difference between her and Shapiro, only I suppose Jessica has the added benefit of being hot to look at.
FIRE SHAPIRO NOWWWWWWWWWWWWWWWWWW
It doesn't get any less competent!!
Here is what time it is....
It is time to separate govt. from corp....
The SEC...
S ecure
E mployee
C ompenation
Legal largesse is a big problem....and needs to be
dramatically reduced....
Solution...
"All in the open" defragmented....fully electronic direct
access exchange....RETAIL oriented....
Both RETAIL and NON-RETAIL must perform ALL TRANSACTIONS on
the exchange...no dark pools etc...
This form of securities business would be easy to supervise....
............................
And MOST IMPORTANTLY the revolving door of govt. to corp.
must be shut down....
A person has a choice....but cannot cross over....
Pay must be attractive enough for the willing....
Whore.
Can't watch that one without a barf bag at the ready. I can feel the dry heaves now as I even contemplate the complicity of this worthless agency.
God save us.
DARN, i missed the first act in today's Kabuki theater in DC. Well, it will be within CSPAN's archives later today.
Bank Run Bitches!!!
Was she asked why the SEC granted AIG a confidential treatment request that hid the exhibit that showed the bailout of GS and others? Was she asked why that document is being granted confidentiality until 2018????
Word on Wall St. is that she has a date with Bob Rubin after the proceedings. The smart money is on the side of no panties.
EEEEEWWWW----
Someone better tell Mary to pick up some "Clitter"--Bob aint going near that thang without it:
http://www.youtube.com/watch?v=VR4O68kUj5c
(This is a MUST SEE)--
Denise Crawford would make a hot phone sex operator. Rawr
These state AG's are not pulling any punches, they are ripping the
SEC a new one.
A while back I did some contract work at NASD for Mary Schapiro's group. She is a Class A B****. She and her group of entirely women were one nasty group. They would hire men to do the work because their countless attempts at hiring female programmers who could actually write code that could handle millions of transaction per second failed. The men were scared shitless to open their mouths. We had to sit and listen to them complain and if we said a word, we had our heads chopped off. We had to treat her like she was the Queen of England.
If that nasty lesbo man hater loses her job today, it will be too soon.
I used to work for her. And all I can say is that I concur completely. The B word could never do this woman justice. It would be the understatement of the CENTURY.
Off with the queen's head--
No "sandwich" for you young man, with that attitude!
MsCreant
Just when I think you've hit a new and unassailable high with your wit and humor, you top yourself again and again and again.
Bravo! I tip my hat to the master.
Thank you! High praise coming from you.
Here and there, I'll crack em and the crickets chirp.
For instance, someone was was posting about Obama being in Hawaii when something was going on. They were (if memory serves me) asking what was keeping him in Hawaii when he should be dealing with the event.
I posted this as an answer:
http://www.resortislands.com/big-island/images/hawaii-black-sand.jpg
and this:
http://twocampbells.com/BlackSand.JPG
Am I bad, or just too esoteric?
You people just don't understand what Mary's job is. She clearly has a "to do list" of targets that the administration wants her to investigate. But her main job is to block investigation of many of the flags that we are all raging against. It's quite clear that if parties at 33 liberty street or 85 Broad st. are "doing Gods work" the last thing you want is an SEC investigation.
And as far as I can tell she's doing a pretty good job at what she was appointed to do.
On the other hand we need some show trials for the people who appointed her.
I waiting for one of the sock puppets to crack. It amazes me how they can keep up the charade. Do they really believe this crap?
Happy New Year -- But Not to You, Aurora Loan Services
Happy New Year. Wish me a happy anniversary, too. I'm celebrating the first anniversary of my effort to modify my mortgage through Aurora Loan Services.
You are going to see a lot of this post in the near future, because I'm going to cross-post it everywhere until I find someone who knows someone in Aurora Loan Services or its regulator. I've never wanted to bring a company down before, but I do now.
I wasn't quite angry enough until last week, when I read an article in the Times that made me realize I was not an isolated case, but an example of a widespread and apparently deliberate policy on the part of this particular servicer to deny homeowners programs the government has sought to extend, even though failing to extend these programs helps no one but Aurora itself.
http://tinyurl.com/y8dp87s
Is the howtoforge supporter listed as an example tyler durden of 0hedge :-)
http://www.howtoforge.com/subscription
Schapiro...bernanke...greenspan..etc...etc....are all french..right?Or maybe ..jewish..?No..it cant be..
Reading about this has caused my head to bob...
I realized that I need to put down the news and get away before I get infected with further activity with those who should not be doing it.
Ms Schapiro.... I only have one question for you.... What the fuck were you doing at NASD/FINRA while all this was going on? We know you set up an arbitration board to deny investors their Constitutional right to due process of law and protection of their property. i would just like to know what other Fascist functions you participated in, besides the public gang rape of individual traders and investors.