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Dick Bove Goes For The Post-Lehman Twofer: MF Global Is Fine

Tyler Durden's picture





 

Three years after upgrading Lehman days ahead of its bankruptcy, here is Dick Bove on CNBC last week assuring anyone idiotic enough to listen to him that, you guessed is, MF Gloal is fine and a buyer will promptly materialize. How much longer will the Comcast financial comedy channel tolerate this individual?

 


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Mon, 10/31/2011 - 10:30 | Link to Comment nope-1004
nope-1004's picture

LMFAO.  Richard Bove needs to shut up.

 

Mon, 10/31/2011 - 10:33 | Link to Comment Hard1
Hard1's picture

Are you crazy?? if he shut's up we'll miss out on the most profitable contrarian ideas!

Mon, 10/31/2011 - 10:34 | Link to Comment philipat
philipat's picture

Is it true that he is running away with Meredith Whitney?

Mon, 10/31/2011 - 10:35 | Link to Comment philipat
philipat's picture

Sorry, it might have been Abby Joseph Cohen.

Mon, 10/31/2011 - 10:38 | Link to Comment MillionDollarBonus_
MillionDollarBonus_'s picture

This is a tragedy. Our Federal Reserve has failed the American people by removing MF Global from their primary dealer list. The Fed could EASILY have provided emergency funding to save MFG from bankruptcy. Choosing your own primary dealer is a HUMAN RIGHT, and this bankruptcy represents a serious loss of freedom and liberty.

Mon, 10/31/2011 - 10:51 | Link to Comment philipat
philipat's picture

@MDB. More misunderstood sarcasm ;-) It just doesn't get understood in the US does it?

Back to the thread, however. You know, the Fed is running out of customers. Even the Chinese no longer want to buy. How can an honest central banker hope to get rid of all this green we are printing? Shit, at this rate we may have to give it away?

Mon, 10/31/2011 - 10:55 | Link to Comment dwdollar
dwdollar's picture

Dick Bove looks like Helmut Bakaitis who played "The Architect" in the Matrix. However, when he opens his mouth and utters something like "the banks are well capitalized" you realize he's not very good at math, thusly spoiling the illusion.

Mon, 10/31/2011 - 11:06 | Link to Comment DeadFred
DeadFred's picture

But he really likes Italian bonds, that shows him for the fount of wisdom that he is. (s/)

Mon, 10/31/2011 - 12:19 | Link to Comment TruthInSunshine
TruthInSunshine's picture

The cnBSc Comedy Channel & Sell-Sider Anal-Cysts marches on to lower lows.

 

 

Dick 'Buy Bank of America w/2 Fists' Bove

James 'The Winners of the New World' Cramer

Jim 'Dow 36000' Glassman

Steve LIESman

Bob 'I Couldn't Fill My Dad's Shoes' Pissanti

Abby Joseph 'Destroy Your Portfolio' Cohen

Barton "Fall Asleep & Drool After Soft Food Lunch" Biggs

Llazllo 'Just Square Whatever My Last Uber-Bullish Projections Were' Birinyi

 

NEVER GO FULL RETARD

 

Mon, 10/31/2011 - 12:38 | Link to Comment Don Birnam
Don Birnam's picture

Bove, Birinyi, Cramer, Joseph-Cohen, Ralph Acampora, and Joe LaVorgna should form their own start-up business news network -- web-based only -- moderated by Dan Dorfman. 

 

Mon, 10/31/2011 - 14:19 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Very nice work there. I especially appreciate the Ralph Acampora, Joe LaVorgna and Dan Dorfman references, which my list above was seriously flawed without their inclusion.

Also, Ron 'Inane' Insana... does anyone know if he's been bullish or uber-bullish since he failed at his attempt to run a hedge fund (i.e. anything other than bloviate and engage in SWAGing on the teeeveee).

Mon, 10/31/2011 - 21:52 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Dick A Bove.  Dick above.  Coincidence?  I think not.

Mon, 10/31/2011 - 10:59 | Link to Comment HoofHearted
HoofHearted's picture

Out of a helicopter...with a guy whose beard is as nice as my plumber's being the one shoving it out...

Mon, 10/31/2011 - 11:19 | Link to Comment Kayman
Kayman's picture

at this rate we may have to give it away?

Give at away ?  That would be an improvement.  Right now they're paying the PD's to take it !

MF Global isn't the only PD that can't play "hot potato"

Mon, 10/31/2011 - 11:13 | Link to Comment malikai
malikai's picture

We need to take a serious look at how important these great banks are to our economy. Only then, can we step up to the plate and accept a new World Banc backed currency. First, we need to take advantage of these exceptional interest rates and recapitalize these banks. Once complete, we can then have our leaders discuss the unification of all peoples.

Mon, 10/31/2011 - 11:14 | Link to Comment common_sense
common_sense's picture

Bankruptcy of MF is REALLY FINE and NECESSARY. THIS IS THE GAME, YOU LOSS, YOU GO FOR BANKRUPTCY. NO MORE BAILOUT PLEASE, FED UP OF BAILOUT EVERYTHING EXCEPT NORMAL PEOPLE. REALLY...

 

  REALLY   F E D   U P  OF   B A I L O U T S !!!

Mon, 10/31/2011 - 11:39 | Link to Comment wisefool
wisefool's picture

The funny thing about this is that Bove is now on Bloomberg saying that "CEOs can be rogue traders too". CEOs can also be both state govenors and senators who have the authority to put you in jail if you refuse to pay taxes for the bailouts of these revolving door crony capito(a)lists.

Mon, 10/31/2011 - 11:16 | Link to Comment Kayman
Kayman's picture

MillionDollarBonus_

yeah, some days I'm thick as a brick.

You are indeed, the comedic counter point.

On a serious note, what shall we do when the Fed files for Chapter 11 ?

Mon, 10/31/2011 - 12:57 | Link to Comment TheBillMan
TheBillMan's picture

Way too damn funny...

Mon, 10/31/2011 - 10:37 | Link to Comment SheepDog-One
SheepDog-One's picture

Well we'd still have RoboTrader as the ultimate fade indicator.

Mon, 10/31/2011 - 10:55 | Link to Comment kito
kito's picture

you mean the ultimate faded indicator. robos famous spot on calls are always after the fact.............

Mon, 10/31/2011 - 10:46 | Link to Comment NumberNone
NumberNone's picture

Agreed.  Everytime he opens his mouth he proves what an assclown he is.  In light of Corzine's Goldman Sachs background and clearly where he learned his tricks...it's nice to reflect on Bove's recent comments on GS...

“Goldman Sachs is the scapegoat of our time,” Mr. Bove said.

Thanks Dick.

Mon, 10/31/2011 - 10:56 | Link to Comment Zero Govt
Zero Govt's picture

Bove said Goldman Sucks is the "scapegoat" or "escape boat" ?

given Blankfeins $100m Bonus heist from a bankrupt Goldman i presume he meant the latter

Mon, 10/31/2011 - 11:29 | Link to Comment eureka
eureka's picture

Bove, Birinyi, Biggs... blow, blow, blow, little bitches - 

B-NAMES are little blow-horns for the big blow-horns: Bloomberg, CNBC, MSNBC

Mon, 10/31/2011 - 12:26 | Link to Comment He_Who Carried ...
He_Who Carried The Sun's picture

Bove in Latin means "Ox".

Mon, 10/31/2011 - 10:29 | Link to Comment Irish66
Irish66's picture

once an idiot, always an idiot

Mon, 10/31/2011 - 10:37 | Link to Comment I am more equal...
I am more equal than others's picture

Isn't Bove short for Bovine.  Dick Bovine.  A bull's dick.  Soft and short and bald.  Sort of like liesman without the beard.

Mon, 10/31/2011 - 10:45 | Link to Comment Schmuck Raker
Schmuck Raker's picture

"Dick Bovine.  A bull's dick."

A delicacy some places...Eat The Rich.

Tue, 11/01/2011 - 02:23 | Link to Comment Problem Is
Problem Is's picture

Wait...

Aren't you a Banana Split??

Wed, 11/02/2011 - 00:16 | Link to Comment Schmuck Raker
Schmuck Raker's picture

Well...so I am.

Eat me?

Mon, 10/31/2011 - 10:30 | Link to Comment bob_dabolina
bob_dabolina's picture

That's funny

Mon, 10/31/2011 - 10:30 | Link to Comment Chasecran
Chasecran's picture

He makes a great clown for halloween

Mon, 10/31/2011 - 10:34 | Link to Comment DormRoom
DormRoom's picture

How interconnected is MF Global?  Is it too interconnected to fail? Is this a Bear Stearns moment, leading to a Lehman moment.

 

stupid modern finance.  Too many bromance links.

 

#occupywallstreet

Mon, 10/31/2011 - 10:38 | Link to Comment Bananamerican
Bananamerican's picture

If MF Global is able to streamline its Long Term Capital Management, it may thrive...in the year 2525

Mon, 10/31/2011 - 12:07 | Link to Comment Blano
Blano's picture

Nice old song reference.

Mon, 10/31/2011 - 10:51 | Link to Comment Quintus
Quintus's picture

If it were that connected, it wouldn't have been allowed to fail.

 

Mon, 10/31/2011 - 11:12 | Link to Comment DormRoom
DormRoom's picture

if it was too interconnected to fail, it would politically imposibble to rescue.  Neither party wants to be seen as bailing out another bank. 

 

shrugs.  let's see how the cookie crumbles.

Mon, 10/31/2011 - 11:17 | Link to Comment common_sense
common_sense's picture

ONLY FED AND CENTRAL BANKS KNOW IT... NEXT MONTHS WILL BE VERY VERY FUNNY...

Mon, 10/31/2011 - 10:32 | Link to Comment sunnydays
sunnydays's picture

How can anyone really  believe any thing the media puts out.  When MF Global goes down and people lose a lot due to it going under, will CNBC replay this clip?  Those who are asleep will be waking up to what the media does by putting people on to mis lead them.

Mon, 10/31/2011 - 10:32 | Link to Comment FranSix
FranSix's picture

Negative nominal interest rates on the three month treasury bill(discount rate) as low as they've ever been:

www.bloomberg.com/markets/rates-bonds/government-bonds/us/

Mon, 10/31/2011 - 10:33 | Link to Comment Cone of Uncertainty
Cone of Uncertainty's picture

Hey come on, he said he wouldn't want to buy the stock.

LMFAO!!

What afucking waste of bandwidth.

Please turn yourself in to the retard police Dick.

Mon, 10/31/2011 - 10:33 | Link to Comment the not so migh...
the not so mighty maximiza's picture

Bove should be arrested for disinformation... and shot

Mon, 10/31/2011 - 11:09 | Link to Comment junkyardjack
junkyardjack's picture

Only Occupy Wall Street gets that treatment

Mon, 10/31/2011 - 10:35 | Link to Comment lolmao500
lolmao500's picture

From Greece :

http://www.greekcrisis.net/2011/10/greeks-threatened-with-power-cuts-if....

Announcing the measure in a desperate attempt to plug a budget black hole, the finance ministry warned that failure to pay the tax would automatically result in power supplies being disconnected.

Mon, 10/31/2011 - 10:36 | Link to Comment ZackAttack
ZackAttack's picture

He's just obeying his master's voice. He probably thinks what he says is as stupid as we do.

Mon, 10/31/2011 - 10:36 | Link to Comment RobotTrader
RobotTrader's picture

If he was pushing DECK or LULU, he would have lots of credibility right now.

Both ignoring the bad news and they keep grinding up.

The U.S. Consumer keeps spending come hell or high water.

Mon, 10/31/2011 - 10:39 | Link to Comment SheepDog-One
SheepDog-One's picture

Yea hows your NFLX doing, RearViewTrader?

Mon, 10/31/2011 - 10:50 | Link to Comment krispkritter
krispkritter's picture

He installed the rearview mirror so he can see how his Date Nights are going...

Mon, 10/31/2011 - 10:44 | Link to Comment bob_dabolina
bob_dabolina's picture

lol...Deckers Outdoors -.25

Mad cred 

Mon, 10/31/2011 - 11:02 | Link to Comment Tyler Durden
Tyler Durden's picture

Perhaps stick to rearview "forecasts"

By RobotTrader 10/30/2011

 

Yep, any news of paper manipulation or the failure of a firm like MF Global causes everyone to shoot and sell PM's first, ask questions later.

 

I guarantee you that most retail stocks tomorrow will be unfazed.

Mon, 10/31/2011 - 11:25 | Link to Comment malikai
malikai's picture

C'mon. Why do you got to kick him in the balls like that?

Mon, 10/31/2011 - 11:31 | Link to Comment Kayman
Kayman's picture

She's got balls ?

Mon, 10/31/2011 - 12:28 | Link to Comment TruthInSunshine
TruthInSunshine's picture

RoboMomoRearViewMirrorFullRetardPaperTradertoFade

Mon, 10/31/2011 - 10:36 | Link to Comment fuu
fuu's picture

His head looks like a dick.

Mon, 10/31/2011 - 11:04 | Link to Comment TuesdayBen
TuesdayBen's picture

If your unit looks like that, dial up Lorena Bobbitt.

Mon, 10/31/2011 - 10:37 | Link to Comment TuesdayBen
TuesdayBen's picture

Why, I listened to Mr. Blove, I mean Bove, just this morning on Bloomberg Radio, still opining authoritatively on the MF Global situation....

Mon, 10/31/2011 - 10:38 | Link to Comment scatterbrains
scatterbrains's picture

I wouldn't be surprised if our controllers picked Bove to sling the bullshit just because his name sounds like bovine.

Mon, 10/31/2011 - 10:37 | Link to Comment BeatTheMarket
BeatTheMarket's picture

He is a dick...

Mon, 10/31/2011 - 10:38 | Link to Comment lizzy36
lizzy36's picture

How does this ASSHOLE still get air time.

In capitalism when one is CONSISTENTLY and DANGEROUSLY WRONG there are supposed to be consequences.The lose of credibility, the lose of ones professional standing.

Why is this one of the ONLY places in the world that strives to do better?

Where is the accountiabilit? Why do i still morn for the time when being wrong, when doing a shitty job, when striving to be nothing better than your frat brother, had real life consequences.

Mon, 10/31/2011 - 14:24 | Link to Comment malikai
malikai's picture

It is entirely possible that he did exactly what he was supposed to do. Either he did it willingly (criminal), or he did it unwillingly (criminally neglegent). Either way, he got paid for a reason.

Mon, 10/31/2011 - 10:39 | Link to Comment RobotTrader
RobotTrader's picture

Why doesn't Bove recommend CMG instead of MF?

Apparently there is an acute shortage of burritos.

LOL.....

Mon, 10/31/2011 - 10:56 | Link to Comment oddjob
oddjob's picture

Because Bove is a Bank analyst.

Mon, 10/31/2011 - 10:39 | Link to Comment css1971
css1971's picture

Could you call this, 'Doing a Cramer'?

Mon, 10/31/2011 - 10:39 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Does Bove still trade?  Because if he does then he must have been bankrupted by now.

Mon, 10/31/2011 - 10:40 | Link to Comment Josh Randall
Josh Randall's picture

Memo to self:  follow Bove and bet against him...got it

Mon, 10/31/2011 - 10:40 | Link to Comment Racer
Racer's picture

Like Hanky panky Paulson saying fannie and freddie were perfectly okay just before they weren't

Mon, 10/31/2011 - 10:40 | Link to Comment marcusfenix
marcusfenix's picture

yes...it is fine, in fact everything is fine, Europe is fine, the US is just ducky, the banks are fine, the jobs market is fine, housing is fine, freedom, liberty and justice for all is fine, govt for the people by the people is fine...and the global paper economy? well, that to is fine.

we have entered into a golden age of progress, prosperity and uber fineness. I'm fine, you're fine, we're all fine.

It's fine really...trust me.

at least, that's what Satan keeps whispering in my head...

Mon, 10/31/2011 - 10:40 | Link to Comment PhD
PhD's picture

No worries! Its just the 8th largest bankrupcy in US history. No worries! Buy buy buy

Mon, 10/31/2011 - 10:41 | Link to Comment Ted Baker
Ted Baker's picture

HE IS AN ASS

Mon, 10/31/2011 - 10:44 | Link to Comment knukles
knukles's picture

That's the job I want.  With full dental, medical, defined pension, profit sharing, 401k, executive bonus pool, cost of living allowance, ongoing tuition for professional education (he's set a standard, folks) travel and living allownaces, perdeim reimburements, upgraded travel, unlimited access to the mini bar and hotel porn suites, and best of all...

....can be an absolute unfucking mitigated dumb ass clueless screwup with no negative consequences to his career or profile.

Mr. Bove we all should aspire to you.

(soft sobbing sounds, repeating fuck me, fuck me, fuck me) 

PS Telling about CNBS, eh?

Mon, 10/31/2011 - 10:57 | Link to Comment Dr. No
Dr. No's picture

We have to wonder how long can we continue to violate the laws of nature.  There are many other examples of humans who have been deemed successful, yet no one can seem to understand why.  On a long enough time line, our species is doomed.  But whn guys like Bove continue to be held in regard, I cant help but think that time line is getting shorter.

Mon, 10/31/2011 - 10:58 | Link to Comment PhD
PhD's picture

Its harder then you think knuckles! 

talking through your ass takes years to learn and moving your mouth in sync is on the borderline of multitasking.

What we are dealing with here is a true master of the art!

Mon, 10/31/2011 - 11:06 | Link to Comment SheepDog-One
SheepDog-One's picture

What really gets me is no one on CNBC has enough respect even for themselves to question Bovine about how he can say a Chap 11 company is 'just fine'? And even if they ARE just fine, then what kind of stunt are they pulling by filing a Chap 11 then?? No questions about any of this? Just waving pom poms is all that matters?

Even street corner whores have far more self respect than CNBC anchors.

*update* Tyler figured out why, MF Global owes CNBC one MILLION dollars! lol

Mon, 10/31/2011 - 10:45 | Link to Comment ItsDanger
ItsDanger's picture

So obvious that something is going on here.  Where is the DA office.  Oops, your article hints at it already.

Mon, 10/31/2011 - 10:45 | Link to Comment haskelslocal
haskelslocal's picture

To call CNBC the "Financial Comedy Hour" IS to fill it with clowns like Dick Bove. The joke is on watching it for anything more...

Mon, 10/31/2011 - 10:46 | Link to Comment Tsunami Effect
Tsunami Effect's picture

Richard X. Bove Joins Rochdale Securities STAMFORD, Conn.--(BUSINESS WIRE)- APRIL 1, 2009- Rochdale Securities LLC is pleased to announce that Richard Bove has joined the firm. Mr. Bove, a distinguished industry veteran, covers the financial services and banking sector. We are really excited to have Dick, and his team, join us. Such a prominent and respected analyst, in a sector so important to the markets these days, is a tremendous addition to Rochdale's growing platform” said Dan Crowley, president of Rochdale. Rochdale Securities has been adding to its equity research and sales & trading platform in recent months and regards Mr. Bove as an integral contributor in their product build out. Mr. Bove's research has received recognition from a number of industry sources over the years. He has appeared approximately 400 times in recent years on the popular business channels. He is also extensively quoted in the print media.

From time to time, Mr. Bove has been contacted by the banking regulators up to and including the White House for his thoughts on the industry.

Also joining Bove at Rochdale as institutional salespersons are Joseph Bove and Andrew Massey.

Mon, 10/31/2011 - 10:46 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

Dude looks like a white washed version of the rent is too damn high party of new york steward Jimmy McMillan..

https://www.youtube.com/watch?v=x4o-TeMHys0

Oddly his inane ramblings are right on par with his as well.

 

Mon, 10/31/2011 - 10:47 | Link to Comment catch edge ghost
catch edge ghost's picture

I feel lied to - and dirty. I'll have to be more careful with headlines.

Mon, 10/31/2011 - 10:47 | Link to Comment SheepDog-One
SheepDog-One's picture

Its not 'capitalism' when the CEO of the 8th largest Chap 11 ever in history walks away with $12 million dollars...WTF is this shit!

Mon, 10/31/2011 - 10:48 | Link to Comment Dingleberry
Dingleberry's picture

Cramer needs to send Bove a thank you card......without Bove Cramer would look like the biggest clown on bubble-vision.

Mon, 10/31/2011 - 10:49 | Link to Comment Bartanist
Bartanist's picture

Has anyone else noticed that moreso recently it seems as if most of the guests are READING their lines? It did not seem this way in the past, but poor old Dick was certainly reading his lines there.

Mon, 10/31/2011 - 10:50 | Link to Comment bluelou
bluelou's picture

To be fair, Bove said that he was "not recommending the equity".  Unfortunately for him, he stuck his neck out on the idea that a buyer could be found quickly.

"Those who say don't know. Those who know don't say." -Lao-tzu   

Mon, 10/31/2011 - 10:52 | Link to Comment sheeple2012
sheeple2012's picture

that little punk Terranova needs to be bitch slapped too

Mon, 10/31/2011 - 10:54 | Link to Comment HD
HD's picture

Indeed. He's almost always wrong and when he's not he's obnoxious.

Mon, 10/31/2011 - 10:56 | Link to Comment AngryGerman
AngryGerman's picture

buahahahahahahahahaha!!

nearly as good as the european solution

Mon, 10/31/2011 - 11:01 | Link to Comment Mr Drysdale
Mr Drysdale's picture

Is he related to Karl Rove by chance?

When they both speak it is sh*t, possibly a "brove" move?

Mon, 10/31/2011 - 12:57 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

https://www.youtube.com/watch?v=hYZre8kEsuw

 

he isn't related to Rove, but I do believe he is slated to do a duet with the lovable satanic neocon.

Mon, 10/31/2011 - 11:01 | Link to Comment Executioner
Executioner's picture

"How much longer will the Comcast financial comedy channel tolerate this individual?"
For as long he keeps doing the same?

Mon, 10/31/2011 - 11:10 | Link to Comment unununium
unununium's picture

WTF was he talking about, Goldman was going to buy MF "for its assets" without mentioning the crushing liabilities?

100% pure unadulterated high-proof snake oil.

Go ZH you are doing yeoman's work today.

Mon, 10/31/2011 - 15:50 | Link to Comment joq
joq's picture

When will this Dickhead shut the f**k up, I am tired of his nonsense.

Mon, 10/31/2011 - 11:23 | Link to Comment undercover brother
undercover brother's picture

He's a party line guy.   Bought and paid for and he'll always be available despite his lack of credibilty because he's willing to say whatever the check writers want.   Just simply do or think the opposite and you'll be fine. 

Mon, 10/31/2011 - 11:29 | Link to Comment Nucking Futs
Nucking Futs's picture

What CNBC needs to do is require anyone coming out to pump/reassure/lie about a stock to show how heavily long they are in it.  With a follow-up interview of them trying to save face after the stock thorougly dies.  Then releasing a DVD called CNBC's Greatest Hits of all these shills getting their ass handed to them.  I'd buy it.

Mon, 10/31/2011 - 11:41 | Link to Comment Atlantis Consigliore
Atlantis Consigliore's picture

http://dddanalyst.blogspot.com/2011/10/shocked-just-shocked.html

 

Arent we all shocked just shocked a clearing firm was taking such

positions of $ 6.3 B in Sovereign Crap.... like a Grenade with the pin pulled.

Mon, 10/31/2011 - 11:42 | Link to Comment Bansters-in-my-...
Bansters-in-my- feces's picture

"you gussed is"..???

Goal=Global....???

Good weekend.still hung I guess.

Mon, 10/31/2011 - 14:01 | Link to Comment Biosci
Biosci's picture

Yep.  Still hung.

Mon, 10/31/2011 - 11:44 | Link to Comment Bansters-in-my-...
Bansters-in-my- feces's picture

MillionDollarBoehead....

You are a delusional mother fucker.

Fuck off and die,shill.

Mon, 10/31/2011 - 11:54 | Link to Comment Blame Crash
Blame Crash's picture

"how much longer"?

As long as their sponsors continue paying them!

Now where's my prize? 

Mon, 10/31/2011 - 12:18 | Link to Comment Todd Horlbeck
Todd Horlbeck's picture

I don't like Bove, but he did say don't by the stock.  Also, it seems he was saying there were interesting parts for Goldman.  It didn't sould like a ringing endorsement.

 

Mon, 10/31/2011 - 13:19 | Link to Comment JW n FL
JW n FL's picture

 

 

'US State Dept mafia hiding Iraq fraud & weapons hard-sell'

http://www.youtube.com/watch?v=l9zL8nZhv1U&feature=feedu

 

$60 billion was misspent in Iraq and Afghanistan

Citing “sensitive information” – the public will not be able to view the report until 2031.

http://www.truth-out.org/news-thom-hartmann-congressional-commission-war-time-contracting-finds-fraud-classifies-report-20-ye

 

http://www.wartimecontracting.gov/

 

 

Mon, 10/31/2011 - 13:26 | Link to Comment JW n FL
JW n FL's picture

 

 

Goldman Sachs the Vulture / Bottom Feeders of the World.. Doing God's Work and adding Luquidity to the Market as sub par values!

The Untied States is run by Bottom Feeders.. or people who create value added situations..

America is run by Bottom Feeders.

Mon, 10/31/2011 - 14:07 | Link to Comment Pancho Villa
Pancho Villa's picture

Dick Bove is the Henry Blodget of the finance industry.

Mon, 10/31/2011 - 14:52 | Link to Comment lolmao500
lolmao500's picture

Well it's fine... if you give them 44 billion. But short of that, no they are not fine.

Mon, 10/31/2011 - 21:57 | Link to Comment Artful Dodger
Artful Dodger's picture

Even worse is the text at the bottom of the screen that says "[MF] CFO SAYS FINANCIAL POSITION IS STRONG".  Can't these executive-demons be prosecuted for this? Any of them, even little MF Global?

Tue, 11/01/2011 - 02:04 | Link to Comment honestann
honestann's picture

CNBC == paid fraudsters == no surprise.

Tue, 11/01/2011 - 02:28 | Link to Comment Problem Is
Problem Is's picture

Who's the flat chested homely chick with the bubba teeth???

Bove's sister?

Do NOT follow this link or you will be banned from the site!