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Guest Post: Wall Street Has A Sad :-(
Submitted by Finance Addict
Wall Street Has A Sad :-(
Michael “Moneyball” Lewis was the first one to, er, expose us to the term Big Swinging Dick. His his first novel, Liar’s Poker, was full of them. The BSDs were the guys on the trading floor who brought more rain than El Niño.
But the BSDs have gone a little soft now. Even the famous Wall Street bull has been caged. And some, like number one banking fanboi Dick Bove say that bankers been “castrated” altogether by new regulation. Regulation which many argue does not go far enough.
Regardless, the Masters of the Universe suddenly find themselves feeling the pain that many of the rest of us have been feeling for the past four years. Only their ways of coping with it are a little different than what you might expect.
Charles Wallace tells us that many older Wall Street men are resorting to hormone therapy to get their mojo back. They’re seeking testosterone shots from a few doctors who apparently know a gold mine when they see it. The hope? That the shots will help turn the traders back into “alpha males” who can compete with the younger, fresher meat that’s threatening to take their jobs. Welcome to the age of “man-opause”.
One hates to see any human being going through real psychic pain, but this new trend is an irony that we may not be able to afford.
Here’s an industry whose aggressiveness has caused an incredible amount of pain to people all over the world. After bouncing back at warp speed in 2009 and 2010, it’s now suffering lower profitability from rules that have been introduced to rein it in. The lower profitability means that a huge amount of bankers, traders, salespeople and support staff have lost or will lose their jobs. But rather than go quietly into the night, some of these folks are instead resorting to treatment that will make them…even more aggressive.
It’s not just speculation: there are quite a few studies that have found that high testosterone may have played a role in causing the financial crisis. Apparently men with more testosterone risk more money on their trades than men with less. Traders were also shown to make more money on days when their testosterone levels are higher. But of course these trades will not always go the right way; when they blow up they may do so spectacularly.
And if one guy’s feeling his oats, he may consciously or unconsciously egg on those around him to behave the same way. Watch any high-stakes sport event and you’ll see what I mean. So the testosterone effects may be amplified by the kind of herd mentality that’s seen on the Street, in any event.
So, if Wall Street has a sad then maybe it’s up to us to find other ways to cheer them up that don’t involve sacrificing ourselves. And Valentine’s Day seems like a good time to start Any bright ideas?
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BSD? Ever been in a NYC bar? Maybe one of them pushes past you on their way through and you say something. They turn around and give you an earful. They ars surprised when you grab them by their neck and begin to pull them outside to beat the shit out of them. They rapidly apologize profusely and scream to buy you a drink...anything...to let them slink away. They are the anti BSD. The biggest group of pussified people I have ever run across.
That's because the BSD "big dicks" are nothing but social misfits MBAs that are all about show and no substance. They fear anyone with focus and tenacity guided by a moral compass.....Semper Fi, except for Corzine. He's tainted the Corps.
So now banksters are juicing up like baseball players and cyclists ??
You must be referring to Kleptosterone.
Now jump you fuckers!
WSJ:
Add investment banking to the list of things that could be dangerous to your health.
A University of Southern California researcher found insomnia, alcoholism, heart palpitations, eating disorders and an explosive temper in some of the roughly two dozen entry-level investment bankers she shadowed fresh out of business school.
Every individual she observed over a decade developed a stress-related physical or emotional ailment within several years on the job
Bankers run world means bankers bring you into their misery....work 100 hours while destroying families, communities, societies...
money is a terrible God.
http://online.wsj.com/article/SB1000142405297020406270457722362382494447...
It should not be that poor little fox in the middle of the road, but rather those Wall Street fucks. My 21 inch rims would fucking fix those effing criminals
You just drive around on rims?
That's radical!
Twenty-one inch rim on the unicycle!
Rad, brah!
I like that, stylistically: using "fucking" and "effing" in the same sentence. I'm jealous.
rimjobs at 21 . . .haven't fucking fixed those effing criminals' usual filthy lucre
I hear you loud 'n clear!
Ive seen these faggots in action: terrified to land a punch in a brawl in case they get their asses kicked - great with bluster & haymakers though.
They can rip-off widows & orphans - no problem! But you say "Boo!" and they run a freekin mile! LOL!!!
Biggest buncha pansies - apart from those pale, pencil-neck pussies in London - on the planet! LOL!!!!
They're what we call 'one hitter quitters' in my neck of the woods. All image, no substance.
Yeah, sounds about right. Defrauding the stupid and weak doesn't take much does it? Yet I'm sure some of these types feel PROUD at the money they've managed to get. And am sure they regard their skills and talent as remarkable.
Impotent Wall Street roid rage rally in 3... 2... 1...
Wow, you must be a really tough dude fonzannoon...I'd hate to run into you in a dark alley, ooooh...!
with a caveat....every once in a while you get an ex college football player who you end up buying a drink for....but it's rare.
...like Hank Paulson.
Don't worry it's cool he was an athlete. /sarcasm.
ran security hampton/manhattan nightclubs for 15yrs, top-end, and keeping such upper ends from going down -endead- is what the job is
otherwise . . . what nitelife,license,livelihood nevermind profits iz soon indeed dead
not even marquis-of-queensbury rules enough to protect vs. roy cohn school of jurisprudence
and prudence __sue-sue-Suuu-EEYY__ squeeels like the pampered pussy she is before ever being pushed into a corner nevermind alley
which is where without the pc of their fineprint covering precious under said protection, wherever they might wander off their rez, only, gs/ m/s jpm from wh,sh,eh to ws,uws,ues alla roun'da town ur left bouncing over 5dollar beers, midnight blood and 3a.m. ugly
{lizzie grubman took out a whole phalanx of bouncers&nightclubbers with her suv without so much as a speedbump in her path toward greater and greater psychopathy}
otherwise . . . Mouth. Inc
and maybe jared diamond needing to redefine what's really behind all such alphamalorism outsida 1st-civilizing iraq
likewise secured and made safe for their . . . yeh. pc. democracy
Jail.
The.
Thieves.
...and on that note:
Bloomberg - HSBC and JP Morgan under investigation for LIBOR fixing.
well, well, well...
Slap on the wrist.
Move along.
Seriously? here at ZH we have been waiting since 08 for someone to go to jail. Ain't gonna happen. Unfortunately. I wish I still had your optimism, but after watching this criminal slow, (very slow) train wreck, I am left with nothing but cynicism. Who knows, maybe they will boot Holder and persecute a few crooks prior to the election, so that O can pardon his peeps upon his exit. Or maybe some of those protesters will take matters in their own hands...
Yeah it looks sad and exhusted and broken. I mean a meltup last 5mins of close and I'll bet most missed it...except for the machines. This market is about leverage and balls. Run momo and you are done, trying to short and you are done. So it's beans and rice till the doomsday volatlity kicks in...swing trades to hell. Adapt or die.
It can be beaten
please tell me when the doomsday volatility will kick in. I am set up for it.
"....Apparently men with more testosterone risk more money on their trades..."
Let's work Abby Joe Cohen into this discussion.
Abby Joe doesn't trade and just hearing her voice probably deflates the biggest of BSDs. She causes shrinkage. Hard to understand why GS kept her on, though they definitely have put her on media ice of late.
abby and hillary as a one-two punch for pres/vice? lovely.
Abby is a shemale.
I have been lobbying for Abby to take over for Merkel once it becomes obvious that Merkel cannot reconstruct Europe in Germany's image.
__in whose image . . . ?
wilderness of mirrors, if ur only seein female, abby jo/frau merkel or merely another alice refracted in ur lookinglasses, then ledgerdemainsic nor double-entry ain't the only trick ur missin bein done to you
GS pulls her out of a closet once a quarter, dusts her off and sends her through the MSM circuit to redundantly pump DOW 200k to the 2-3 viewers who still tune in to "learn".
Turn the bastards into geldings..why some enterprising restaraunt in NYC could come up with a new dish...Wall St. Oysters. Bullish on that stock.
Testosterone is fine. Eat what you kill is fine. As long as moral hazard is allowed to exist unfettered. CDS removed the fear of loss, of being wrong and getting your face ripped off. Fear keeps people honest.
700 TRILLION (with a "T") in unregulated CDS - all in an attempt to push outrageous risk to someone else. "Someone" has now became everyone - we all pay for the financial geniuses that came up with this "no lose" derivative.
Agreed. Let the invisible hand cut their nuts off when they bet wrong.
Their nuts? Why not their heads?
I wonder how many of those CDS are on the Federal Reserve's balance sheet. In other words, how much is the US tax payer responsible for?
Kind of like women on their periods. When women group together, they begin to menstruate on the same cycle. It wouldn't be silly to assume that the same thing happens to men.
On a side note, this is freaking great! Now, we have a voluntary medical experiment in action. We get to see if testosterone injections can lengthen one's life. Give it about 20-30 years, see if these fuckers keel over later than they should, on average.
I thought high testosterone levels increased the risk of prostate cancer.
YEP. So in effect the eventually get neutered.
So the bull market taking off at about the same time the little blue pill came to market wasn't a coincidence.
I have to take testosterone every day. If I didn't take it I would become like the Dude in the Big Lebowski. I can see how it could make you a more aggressive trader, but not a smarter one.
The only guys I know that have done steriods and testosterone are my friends that served in Iraq and the Af, and a friend that died of cancer. The Wall Street mentality thinks it is at war or dying in my book. I guess both are correct.
Mr Lennon Hendrix
The only guys I know that have done steroids and testosterone.
Steroids for specific issues, and diseases, joint /back,muscular skeletal issues.
Testosterone, at the age of 30, mens bodies start decreasing the amount made.(in a major way).
At least 50%+ of men over 45yrs old have some form of ED,due to numerous reasons, and this one.
Thats one reason for taking a testosterone booster..........but, MAKE sure you have no prostate issues.
It can exacerbate and accelerate hidden growth of, small cancers,and even bring them on.
Also, over dosing can cause irrational behavior and aggression,coupled w/ steroids(another carcinogenic), asking for big trouble.
Steroids making you agressive is a common misconception. Steroids, like many drugs, only accentuate personality traits that are already present. Steroids alone will not make a meek person aggressive. But if you have a hyper competitive person then they might become intergalactic hyper competitive.
wish you well
edit: ceo/so
Now, you may encounter the devil's bargain if you get that far. Any old soul is worth saving, at least to a priest, but not every soul is worth buying--so you can take the offer as a compliment. They try the easy marks first--you know, like money (all the money there is) but who wants to be the richest guy in some cemetery? Money won't buy it. Not much left to spend it on, eh Gramps? --Getting too old to cut the mustard-- Well, "time hits the hardest blows" (especially below the belt). How does a young body grab ya? Like three card monty or the pea under the shell ((now you see it, now you don't)) haven't you forgotten something, Gramps? In order to feel something you have to be there... You have to be eighteen... You're not eighteen... You are seventy-eight. Old fool sold his soul for a strap-on.
+1 william burroughs
what a snakey old cat
+burrough s . . . for a bourgeoismost metro editors'n'critics stabbing a wife is just so exciting
why any normal norman might try itadvertizing a self getting attentionmust be paid
and paid for by entire nextgen buyers . . . whose cellars is now jus one full snaky ol hole
When the music's over, turn out the lights...
http://youtu.be/qTjf_zx8imA
They stopped tiger woods from banging all those chicks and made him take pils to "lower" his sex drive and you saw the effects on the golf game afterwards....
Clearly, you don't play golf. The thing about golf is, anyone who breaks 100 regularly hits one or two shots each round as well as a pro. The difference is, the pro hits about 60 good shots, while the average duffer makes less than 5. That's because the pro is doing something he's done hundreds of thousands of times, and he believes he's going to hit a great shot, while the duffer hopes he will. At a certain stage, it really is about confidence and belief. If you stand over a five foot putt afraid you're going to miss - well, it's only going in by luck.
So, two important things about Tiger - first, he's never lost a major where he had the lead after 54 holes. He's never, unlike Greg Norman or Rory McIlroy, blown up on Sunday and lost the tournament. Second, he's never come from behind to win a major, unlike Hogan, Palmer, Nicklaus, Miller, Trevino, Watson, etc. That tells me that when he has the slightest doubt that he's going to win, it affects his game.
Now, prior to his fall, he had this wonderful image of who he was in public. Then, the SHTF, and he's exposed as a liar, a philanderer, and worst of all, a guy with pathetic taste in women. Every cheap comic in America (and some expensive ones) are making jokes about him all the time. Crowds of people wanted his autograph; now people are keeping their distance. He goes out on the course, and he just doesn't have the same confidence that made that chip shot fall on 16 in the Masters; today, he'd come up short.
He might get it back; that remains to be seen. But testosterone won't help. He's lost his wife, his kids, his endorsements, his ranking, his "fear factor" on the course - in short, as Austin Powers might say, he's lost his mojo. And I don't think you find that in a pill.
Tiger is finished. I suspect as some point in time he will win another tournament but the adulation will not be there. The rush will be gone. The old days and the old ways will not return.
I think Tiger knows that and dreads the empty feeling of what once was and can never be again.
Pathetic.
This is why women make better traders.
And live longer too.
I have a big c0ck and an even bigger PA. These fucks in DC want to cap my bonus? Ha. You cannot cage a beast. Presidents come and go. Greed and determination last a lifetime.
BSD's don't need to upvote their own posts.
FAIL.
Like most pathology.
I am a big c0ck...
Fixed it.
May Karma bite you in the ass (sooner than later).
Please avoid pedestrians when you hit the pavement.
http://youtu.be/yge311sFhC8
I could at least understand the high dollar whores and blow.
There are no high-dollar hookers, only high-dollar johns.
Cocaine is god's way of saying you have too much money.
When there are no sheep left in the market the wolves eat each other.
Like what you said. Wolves are looking mangy.
...When there are no sheep left in the market the BSD's go homo....
When the only way to make money is up up up up and away eventually humans begin realize they are no longer needed, no value to bring, no bears left to shear, no retail left to game and nobody left to play with...then you go and try to find a real job always feeling that empty void of what is was to feel like a man...until you suddenly realize that is was the money stupid...not that you were a man at all...
Maybe, just maybe these men of money will actually take all those "ill gotten gains" and go to work producing something real...then again that would require work and none of them know how to actually do that...
Maybe, just maybe . . . wots the bet
men of money will actually take all those "ill gotten gains" and go to work producing. . . The Future ?
that would require work and none of them know how to actually do that... power forward ?
ok. play: The GreatGame vs. BIGball
better/best power forward
/|\ NBA MBA /;\
BSD BDS
ALPHAbits DNA
/ \
means to / \
produce many good
women woman
labor | ;
only thing of value in-and-of-itself: a woman
mathematics | ; multiplication
reProduce x? x2
x
how many degrees
doing time master's
" drugs doctorate
" it on top of it
[h]IV IVY
DOC DC
| ;
# survive thrive
| ;
odds drafted sponsored
nba. nfl dhs. dod
army.navy.usmc mic
wia.mia.kia inc.
com.mov.tv vp/vip
c u later ceo
\ /
\ /
DOA DOJ
\ /
\ /
alphaBET odds "r" us
child
x
time
x
money. power. reproduction
=
FUTURE
males reduced to dick
it's what comes out of it
arithmetic
spermatorrhea all little squirts
fullafun
RECreation reCreation
producing
u eugenics
your game your name
played forward paid forward
Value
dicks dollars
Big bucks big Bucks
whose
FUTURE
?
alphamal interALPHA
The ones responsible for destroying our way of life should all rot in jail and be stripped of all assets. If this happened in Saudi Arabia it would have been over for them years ago. Here, we just keep letting them rape us.
There is always a bigger fish in the sea.
Let me know when they start jumping out the windows.
Here's how to give those assholes an even bigger "sad."
Liquidate brokerage accounts and 401ks. Put your money in a basic checking/savings account at a local bank, and the rest in physical gold and silver outside of the banking system. Stop sending your money around the world and support local businesses. Don't go into unnecessary debt.
Turn off the damn tv, don't be a consumer whore. Get your mind and body in order. Spread the word, even if you think it's futile.
I know it's easier said than done especially if you have lots of obligations and swim in the culture of Amerika, but every little bit counts.
No matter who powerful they think they are, we will hit them. It's like a swarm of ants feasting on a rotting corpse. They are the corpse, they just don't know it.
I worked in a "trading room..." just give everybody guns and knives, by the end of the day everyone will be dead...free testosterone shot at the door...I'm in!
a while back I did an 8 week cycle on steroids and felt like a million bucks and hornier than hell
Before it was nose candy to blame, not testosterone.
So now it's big balls, not a coke habit ?
Someone trying to cover their tracks and boost their ego too ?
(edited: to add content).
From an article at Bloomberg,
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGS4vvPvwFl8
and
http://www.zerohedge.com/news/berlusconi-blames-stock-market-volatility-...
People who work on Wall Street have a false sense of importance.
Here's a scenario...what if all the Gordon Gekko loving financial analysts, hedge fund managers, etc. dropped dead this minute? How would this affect mankind? Think long term...
Now change that to all doctors, scientists, or engineers...quite a different scenario.
Fuck them and their sadness.
Start the cleansing...jump you fuckers!
http://youtu.be/yge311sFhC8
Who needs testosterone when you can have GINSENG.
I'll support your research with another research done in the 19th century:
"In individuals, insanity is rare; but in groups, parties, nations and epochs it is the rule" – Nietzsche
Record high Bank Bonuses three years in a row during the worst depression since 1929 is castrated?
Please castrate me then....twice!
my dick is huge. seriously . it's big.
Big Swindling Douchebags
.or, why God did not give women brains, they did not have a dick to pu them in....
"Apparently men with more testosterone risk more money on their trades than men with less.."
Have you seen low-testosterone females on a trading desk? ..they fall apart, they cannot make decisions too worried about negative consequences and are rendered useless/worthless quivering wrecks
The sentance should read, high testosterone levels hold the trading desks together and are fundamental to a traders ability
Wether a trade is profitable or not is not down to chemicals but brains (knowledge).. you need the chemicals to have the balls to make trades for sure, which most women do not have hence it is a male dominated world (as are all leading edge, hi-risk sectors)
Love the term coined by a reader, "kleptosterone". Belongs in the urban dictionary. "The hormonal high gained from stealing other people's money and pretending it's proof of top-dog stock broker status. (see clubbing baby seals)."
"...and pretending it's proof of top-dog stock broker status."
Hubris, self-importance...I've met enough of these guys in my life. What's fun is to see them finally crash. The splatter tends to be rather large. If you see them several years after, you see the dried out husk they become.
"Never rub another man's rhubarb."
Stupidity aint curable....
And thank goodness size has little to do with the squirm factor when teasing out EBITDA of le femmes
http://www.youtube.com/watch?v=Zdknqay8eRI