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SocGen Asia Strategist Has Near Fit On Bloomberg TV After Making It Clear That It's All The Blogosphere's Fault

Tyler Durden's picture


SocGen's Todd Martin, who is the bank's Asia equity strategist (and, despite being regulated, failing to disclose he worked at Morgan Stanley previously), appeared on Bloomberg earlier today to discuss the Volcker Rule and prop trading, against which the anonymous blogosphere had some very "strong views" back in 2009 before anyone had even considered prop trading. Sure enough, prop trading ended a few months later with the adoption of the Volcker Rule. Somehow, the topic of the Volcker rule shifted to the topic of whether or not Morgan Stanley is exposed to France, and its insolvent banks (ahem), and who is to blame. Take a wild guess on Mr. Martin's opinion in the matter: "For example one blog just a week ago, had a very, very strong view against Morgan Stanley. They quoted Sanford Bernstein who actually was telling people to buy the stock. And then they were quoting Gross Exposures not Net, and then concluding that Morgan Stanley had to go down and be dismembered [sic]. Now I have a serious problem with this.... If I get regulated why isn't this place regulated. It's also very dangerous because they are using psudonames [sic] and we don't know who they are. They could be the guy on the street. They could be a hedge fund dangling out information. It could be the head of a prop desk. Thing is it is supposed to be regulated. And they get their revenues from trading platforms on US soil. And I don't think it's fair. And I think the US should go and take a look and regulate the blogosphere. I think it's really, really out of control." In other words: it is all the blogosphere's fault.

Where does one start with that one. First, we understand why you are angry Todd: after all, your employer recently blamed the blogosphere for blowing out the spreads of SocGen, which then used the stress test part two to defend itself... You know, the same stress test that saw insolvent Dexia pass with flying colors if not in first place. Second, we inquire Todd and his regulators, to advise on how it is that he concluded that a "blog" had "very, very strong views" on a company when the only information presented was a blurb from a 10-K with the following advice: "We'll leave it up to readers to find the relevant number." Furthermore, the AB report was naturally quoted as follows: "As for the coup de grace in the AB report, it is this piece of rhetorical brilliance: "Over the last six months, there have been 5,600+ articles published by the press on the subject of "French Banks" and "Credit Risk". We believe Morgan Stanley's risk management staff and its trading units are fully aware of the highly publicized risks emanating from Europe and warnings about the firm's potential exposure to a European Sovereign crisis."" Apparently they were, and their only defense is "bilateral netting" which failed with an epic bang when AIG was nationalized, and had to hope and pray for mainstream media rumors and a wholesale market squeeze to send their stock higher, thus avoiding a death spiral.

Lastly we won't go into the accuracy of Mr. Martin's China predictions (we are happy to) and leave the question of "fairness" to those who may have followed his regulated advice. But our advice is this: Mr. Martin's credibility and future employment status is predicated upon his accuracy, not to mention how much money SocGen will be able to take out of taxpayers when and if it is forced to recapitalize shortly (which uber-regulated Credit Suisse seems to have some very, very strong thoughts about and believes it is the most undercapitalized bank in Europe). He should probably worry about that. And let the anonymous blogosphere worry about its own credibility. After all, if there is none, nobody will listen to it, even if "it is out there." If, however, it provides critical information that is missing because gentlemen like Mr. Martin are conflicted from telling the truth when their own job is at stake, then we say: onward, upward, and always twirling, twirling, twirling. Because without the natural filter to the endless bullshit that the sellside spews forth (where was Mr. Martin warning that Dexia was about to fail and actually saving people money for a change?), losses at the retail level would be orders of magnitude higher.

As for revenues, Mr Martin, it is all ads we are afraid: feel free to click on one or two, because we doubt we will be bailed out when we need a few billion in bailout funding.

Full truly hilarious clip of a sellsider having a near-nervous breakdown due to a blog. Fast forward to 4 minutes in.


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Mon, 10/17/2011 - 10:59 | 1781340 swissaustrian
swissaustrian's picture

blogosphere = domestic financial terrorism

see you in the re-education camps, bitchez

Mon, 10/17/2011 - 11:06 | 1781381 101 years and c...
101 years and counting's picture

but, it is 100% ok for that fatass liesman to go on national tv and make up silly rumors to get markets higher.


Mon, 10/17/2011 - 11:11 | 1781414 DaveyJones
DaveyJones's picture

something has to make his ass fat

Mon, 10/17/2011 - 11:14 | 1781439 Bicycle Repairman
Bicycle Repairman's picture

Will I have to take out large loans for this re-education?  Will it make me more employable?

Mon, 10/17/2011 - 11:30 | 1781531 tarsubil
tarsubil's picture

After re-education with official data and analysis, you will be employed for the rest of your life.

Mon, 10/17/2011 - 11:36 | 1781562 Arius
Arius's picture

Hitler and Stalin (everyother dictator...) would love this guy .... how about identify these bloggers and sent them to gulag ....

talk about killing the messenger ...

Mon, 10/17/2011 - 11:42 | 1781595 SilverRhino
SilverRhino's picture

The reason for HIS regulation is he gets PAID to give advice and malpractice insurance for investment bankers would be a bitch. 

Blogs are free.   No regulation.  What a fucking douchebag.   He's been infected by the asian mentality on free speech.  

Mon, 10/17/2011 - 11:49 | 1781632 Fukushima Sam
Fukushima Sam's picture

Mr. Martin, the blogosphere eagerly awaits the day we get to force-feed you a shit sandwich.  We want to see you and the rest of your kind go down in flames.  You think this is out of hand, but you have seen nothing yet.  You fuckers with your pumped up kicks, will you be able to outrun what is coming?

Mon, 10/17/2011 - 12:40 | 1781882 redpill
redpill's picture


Funny that he uses the phrase, "out of control."  You're damn right it's out of control, that's the entire point of the blogosphere, and no one would read it if it was controlled by assholes like this.

Mon, 10/17/2011 - 13:31 | 1782083 living on the edge
living on the edge's picture

This guy is damn lucky there is a blogosphere where people can vent their anger. So far it has kept him safe.

Mon, 10/17/2011 - 13:51 | 1782145 ZerOhead
ZerOhead's picture

I don't know about you but I think he's talking about that bombthrower Durden again.

Ty... time to regulate... we'll do it the same way as Wall Street.

Self-regulate! :)

First they ignore you... then they mock you... then they fight you... then you WIN!!!

Mon, 10/17/2011 - 14:29 | 1782267 CompassionateFascist
CompassionateFascist's picture

Amon other things, Zionist bankster ponzi-schemers and the Left have this in common: they hate Free Speech. Facts triumph when people can speak their minds. Look at the way the blogosphere ripped down that ZOG false flag about the "Iranian used car-dealer terrorist"; making the TPTB...very....angry.

Mon, 10/17/2011 - 16:18 | 1782719 Andy Lewis
Andy Lewis's picture

Skitter back under yer rock.

Mon, 10/17/2011 - 16:28 | 1782765 BlackholeDivestment
BlackholeDivestment's picture

...flames are aaah coming my friend.

Mon, 10/17/2011 - 13:50 | 1782140 caconhma
caconhma's picture

This guy is both an idiot and a liar.

He "forgot" to mention that he is paid for his services. The point is quite simple: when you are paid you are responsible for goods & services you provided for fees. Consequently, you must be regulated and you must carry an insurance to pay for damages resulted from your work.

Mon, 10/17/2011 - 11:39 | 1781572 CPL
CPL's picture

It's a thin line between slave ownership and employment for the sake of employment in this universe at the moment.


Mon, 10/17/2011 - 14:28 | 1782262 whoisjohngalt11
whoisjohngalt11's picture

Yes and Siberia is really lovely this time of year hahaha ...

Mon, 10/17/2011 - 12:14 | 1781525 Miles Kendig
Miles Kendig's picture

It's all the lubricant or absence of same after getting his marching orders from the C Suite.  Davey, I suspect he's just jealous he can't last as long at lunch as his betters can at breakfast.

Mon, 10/17/2011 - 12:23 | 1781802 Hard1
Hard1's picture

This guy is the poster child of idiocy in Wall Street.  Blogs should be regulated or only Wall Street should disseminate financial information.  LOL.  Amount of money lost following Wall Street advise: Billions

Mon, 10/17/2011 - 15:41 | 1782560 SofaPapa
SofaPapa's picture

"Regulating" blogs = censorship = Ministry of Truth.  It's amazing how scared these guys are gettting...

Mon, 10/17/2011 - 11:28 | 1781524 dracos_ghost
dracos_ghost's picture

But when FT and Bloomberg help us out with unsubstantiated rumors, that should be left untouched. Those damn bloggers and their facts muddying up things.

I like this quote:

- "The bottom was put in Oct 4th"

o - "Are you sure?"

- "I am definitely sure"

If this isn't a famous last words moment, I don't know what is.

Mon, 10/17/2011 - 11:35 | 1781559 Temporalist
Temporalist's picture

I hope someone gets a video on their smartphone of this idiot crying while standing in his own urine and feces after being completely wrong.

Mon, 10/17/2011 - 13:00 | 1781848 hedgeless_horseman
hedgeless_horseman's picture

Mr. October, Todd Martin, calling his shot on Bloomberg TV!

Maybe he should stop cruising Chinese casinos with his little kid, and instead get down on his knees everyday and pray to God that we don't see 1070, because the blogosphere won't forget his pretty, pink, petulence.

Mon, 10/17/2011 - 13:01 | 1781961 GeneMarchbanks
GeneMarchbanks's picture

Is it weird that I'm thinking about printing up your post and hanging it on my wall?

Mon, 10/17/2011 - 13:31 | 1782005 hedgeless_horseman
hedgeless_horseman's picture



Poor Todd never learned that picking bottoms is for monkeys.  Probably too busy with the speech therapists, but at least he got rid of most of his lisp. 


Mon, 10/17/2011 - 14:04 | 1782191 ceilidh_trail
ceilidh_trail's picture

At least he's not picking his nose.

Mon, 10/17/2011 - 13:23 | 1782054 agNau
agNau's picture

My, my, we didn't get our "num-num's" today.
I noticed more that on the verge of crying appearance throughout.
If the OWS group ever focus's their rage in the correct spot, those tears will start and never stop.
From what I have seen, and what I have read about their backers, that will never happen.

Mon, 10/17/2011 - 13:45 | 1782122 Milton Waddams
Milton Waddams's picture

This bloke is an analyst on Asia?  Doubtful, as he would certainly know the ancient Asian proverb - rumored to have originated from the Japanese rice fields - that goes something like: 'man who picks bottom gets stinky finger'.

Mon, 10/17/2011 - 14:06 | 1782198 GoNavy
GoNavy's picture

This will probably be written on the guy's tombstone when he dies.

Mon, 10/17/2011 - 11:44 | 1781609 WonderDawg
WonderDawg's picture

Watch his body language when he says what you quoted. It seems obvious to me he's lying.

Mon, 10/17/2011 - 14:58 | 1782372 Gief Gold Plox
Gief Gold Plox's picture

I've noticed something off with his body language too. Most notably at about 4:20 he start pounding his fist into his palm effectively making the producer change back to camera 1 (close-up) after being in full view on cam 2 for under 2 seconds. I'd interpret that as "I want to bash Tyler's face in". Beside the obvious constant blinking issue (unless it's an neurological issue a dead sigh he'd rather be somewhere else), it also appears as if he does not want to look into the host's eyes for some reason. Somethingabout him gives me the creeps.

But what do I know? I've only done a little research on expressions and body language. I hope we have someone with more expertise that can tell us more.

Mon, 10/17/2011 - 11:48 | 1781616 i-dog
i-dog's picture

"I am definitely sure"

Check his body language as he says it: He's flat out lying.

[edit] Oops...Two dawgs singing a duet!

Mon, 10/17/2011 - 11:51 | 1781640 Bring the Gold
Bring the Gold's picture

LOL, well both of you are right. He actually nods no while closing his eyes! Amazing.

Mon, 10/17/2011 - 13:35 | 1782095 Jena
Jena's picture

I was disappointed that the camera was kept so tight on his face during the majority of the interview.  When they pulled back at the mid-point of the interview, the one hand smacking the palm of the other hand during his diatribe about the "anonymous blogs" was interesting.  It might have been equally illuminating to watch more of him through the rest of the interview.

Tue, 10/18/2011 - 05:35 | 1784366 StychoKiller
StychoKiller's picture

Cognitive dissonance in action!

Mon, 10/17/2011 - 11:50 | 1781635 darkaeye
darkaeye's picture

Good one! 

Reminiscent of Bernanke's "factual" statement in 2007 "The sub-prime mortage issue is contained."

Amazing how these morons are so easily caught in their own traps.

Mon, 10/17/2011 - 12:35 | 1781856 --- - .. ... .....
--- - .. ... .... . .-. - --..'s picture

Nice Bottom Call. In the beginning he also said there was a high risk of severe downturn. Voice quaking the whole time.


Embarrassing desparation.




Mon, 10/17/2011 - 12:58 | 1781947 narapoiddyslexia
narapoiddyslexia's picture

He said high risk of downturn if EFSF not capitalized at €1 trillion.

What are the odds? What are the odds?


Mon, 10/17/2011 - 13:10 | 1781988 RSloane
RSloane's picture

Exactly. He's whining because he wants to be the source of unsubstantiated rumors and disinformation. He and those online rags like FT and Bloomberg.

Mon, 10/17/2011 - 11:06 | 1781385 Raging Debate
Raging Debate's picture

Ya, they always shoot the messenger. Criminals must get away with the loot even if they have to kill you for spilling the beans of where the getaway car is going. At least I posted how to trade it so maybe I'll get to make circuits instead of solar panels at da gulag. If you tell me to get into that oven though I am going down swinging. Fool me twice kinda thing ;)

Mon, 10/17/2011 - 11:13 | 1781430 thadoctrizin
thadoctrizin's picture

OT:  I just looked into the generous assistance provided to me as my business was destroyed by the recent flooding of Irene.  SBA disaster loan...4% 30 year term... sounds great, right?   NOT  read:

The worst part is, this is all in the "fine print".  Yeah take the loan, if you can't pay back we take the shirt off your back, don't even try to negotiate in bankruptcy.  JOKE

Mon, 10/17/2011 - 11:34 | 1781553 NotApplicable
NotApplicable's picture

Good ole Benevolent Dictators. All your property are belong to us.

Mon, 10/17/2011 - 11:14 | 1781432 Sudden Debt
Sudden Debt's picture

I sure do hope we'll get roomservice....


Mon, 10/17/2011 - 12:26 | 1781813 Gyro Gearloose
Gyro Gearloose's picture

Room Service = Free Showers and Plenty of Natutal Gas HEAT!

Mon, 10/17/2011 - 11:33 | 1781546 Mohan
Mohan's picture

After watchining his live meltdown, I kind of wonder if he lost of money in Morgan Stanley and is blaming Tyler for that. :)
Well done Tyler! We couldn't care less if you are anonymous. Keep speaking truth to the power.

Mon, 10/17/2011 - 11:37 | 1781564 NotApplicable
NotApplicable's picture

For the record; while I'm not a big-shot, power player on Earth...

Mon, 10/17/2011 - 11:41 | 1781588 Gene Parmesan
Gene Parmesan's picture

Amen. Keep it up. Keep "men" like this whining like petulent, spoiled children who don't get their way.

Mon, 10/17/2011 - 12:48 | 1781874 --- - .. ... .....
--- - .. ... .... . .-. - --..'s picture

Anonymity is the final refuge of honesty and the final check on power.



The tyrant wears the mask. You can not wear a mask.



Mon, 10/17/2011 - 15:27 | 1782502 schadenfreude
schadenfreude's picture

He still does have some MS options from bonus payments at his former employer?

Mon, 10/17/2011 - 16:06 | 1782672 koperniuk666
koperniuk666's picture

Is it only me that checks Tylers output?

Ive been back to the original data feed on maybe 15 occasions over last 6 months to double check Tyler and I ve not caught him out yet.  

And trust me Id let yoall know if he 'dropped a bollock' 

Well done Tyler

Nothing to fear if you speak the truth ( except if you work in Fin Servs, Government or Law)



Mon, 10/17/2011 - 11:34 | 1781552 Ghordius
Ghordius's picture

listen to the beginning!

listen to the words of a Master of the Universe:

"... they know they have to... (pump)... one Trillion (he is talking about the extended EFSF)... or the bears will tear them apart..."

this fucker really thinks he owns the planet and that they owe to him to find the trillion his "industry" needs

Mon, 10/17/2011 - 12:14 | 1781769 spanish inquisition
spanish inquisition's picture

I noticed that too. Basically "We have them cornered and if they don't give us a trillion Euros, we will pull the plug." Thank goodness they are talking about the world economy, otherwise it would of sounded like a blackmail scheme.

Mon, 10/17/2011 - 12:32 | 1781839 Zero Debt
Zero Debt's picture

Hear hear the ten commandments ...

1. Go long the market OR ELSE
2. G20 better deliver OR ELSE
3. Recapitalize 1 trillion OR ELSE
4. ECB should do as Ben does OR ELSE
5. Buy bonds with digital fiat OR ELSE
6. Regulate the blogosphere OR ELSE
7. Stop quoting gross exposure OR ELSE
8. Regulate the investment advice industry OR ELSE
9. Stop using pseudonames OR ELSE
10. Wall Street should disseminate the info OR ELSE

Mon, 10/17/2011 - 15:32 | 1782520 schadenfreude
schadenfreude's picture

What a cocksucking asshat. Yeah, a trillion or two or ten? This stupid bitch moans like a crybaby, frightened for not getting his dose of crack.

Mon, 10/17/2011 - 16:09 | 1782683 koperniuk666
koperniuk666's picture

No probs . get them to call me and I'll put it on my Morgan Stanley Buy and Fly Card.

One trn?  Fuck all.....

Print more!

Mon, 10/17/2011 - 11:51 | 1781639 midtowng
midtowng's picture

So he's saying a) that he doesn't like free speech, and b) that Wall Street is regulated (despite all evidence to the contrary).

Keep it up guys. I'll be looking forward to the much needed Reign of Terror.

Mon, 10/17/2011 - 11:54 | 1781659 knight99
knight99's picture

this guy is a douche. ask his 8 year old what he think of casinos and he said this place is so boom. good reason for investing. We all go long casinos and barney the fking dinasour.

Mon, 10/17/2011 - 12:40 | 1781884 Zero Debt
Zero Debt's picture

Specifically he was talking about Macau, which is just parasiting on Mainland China through a regulatory loophole and not by being particularly competitive or innovative.

And boy did he not mention the rampant money laundering activities, VIP junkets taking 75% of the market or the extreme ownership concentration of Stanley Ho.



Mon, 10/17/2011 - 12:08 | 1781731 narnia
narnia's picture

He has a problem with well researched, continually accurate non-equity cheerleder reporting that the market obviously values.  He doesn't have a problem spewing investment advice from his 8 year old.


Mon, 10/17/2011 - 12:40 | 1781885 doomz78
doomz78's picture

i thought he was gonna cry.  Poor baby.. He is very sad.   That damn blogosphere.  How about we just censor the whole internet and get it over with.  The problem is not the information.  It's the derivative market and fraudulent buisness practice of these masters of the universe. 

Mon, 10/17/2011 - 13:03 | 1781966 Confused
Confused's picture

That is where you might be wrong. The problem (for them) IS the information.


Just like the printing press was when it was first introduced.


I'd love to know this douches thoughts on Thomas Paine

Mon, 10/17/2011 - 16:10 | 1782687 Rick64
Rick64's picture

Yes its a crying shame that the MSM is losing its monopoly on brainwashing the masses.  There is no conflict of interest in MSMs advertisement dollars, CEO interviews, and gov/company sponsered economists.  Good solid research provided by who, all you guys that got it so wrong. No thank you, I'll take my chances with the blogosphere.

Mon, 10/17/2011 - 13:20 | 1782038 jesusfreakinco
jesusfreakinco's picture

Would this chump stand up the the schmucks that tried taking down SVM a few weeks ago?  I doubt it...

Mon, 10/17/2011 - 13:44 | 1782117 Panafrican Funk...
Panafrican Funktron Robot's picture

I guess he's still a bit pissy over the unearthing of their 50x leverage/2% capital ratio back in August.

Mon, 10/17/2011 - 14:59 | 1782390 toxic8
toxic8's picture

longest thread ever w/o a downvote, you guys gettin soft on me?

Mon, 10/17/2011 - 16:42 | 1782817 Buckaroo Banzai
Buckaroo Banzai's picture

Hating this guy is something EVERYONE can agree on.

Mon, 10/17/2011 - 11:03 | 1781341 Don Birnam
Don Birnam's picture

Still circling the wagons round Morgan Stanley.

Todd, and his circle of SocGen confidants...

Mon, 10/17/2011 - 11:07 | 1781390 Conrad Murray
Conrad Murray's picture


I hope not too many people use the "Contact" feature of this website to say nasty things about this upstanding young man...

Mon, 10/17/2011 - 11:29 | 1781528 glenlloyd
glenlloyd's picture

I couldn't care less about him, but he did seem to sort of come apart when talking about regulation.

The thing I really don't like is the demonizing of blogs, which is pretty analagous to a 'war on terror' or a 'war on drugs' scenario where the enemy is not a fixed defined target.

Mon, 10/17/2011 - 11:48 | 1781626 Nascent_Variable
Nascent_Variable's picture

It's the same undeclared war on truthful information that TPTB have been waging for a very long time.

Mon, 10/17/2011 - 12:02 | 1781699 Idiot Savant
Idiot Savant's picture

As ZH deftly pointed out - And let the anonymous blogosphere worry about its own credibility. After all, if there is none, nobody will listen to it, even if "it is out there."

And as a poster above pointed out, no one cares about the rumors from MSM as long as it pumps the market. (e.g. plan of a plan of a plan to bail out europe)

Mon, 10/17/2011 - 12:21 | 1781797 Christophe2
Christophe2's picture

One irony is how he decries the blogs for being supposedly anonymous, yet doesn't have the guts to even come out and say the name of the blog he's criticizing...  This puke feels justified in calling for draconian censorship without even giving a tangible example!  (I'm sure he knows how uber-weak his case is, and generally speaking doesn't want to give a link to the MSM audience for decent 'real' news...)


What a monstrous Orwellian future he hopes to bring us to: we would only be able to get news about finance from Wall Street itself!  Can you imagine the BS and market manipulation we would become subjected to?  Worst of all, you can be sure he isn't bringing this up by accident: no doubt 'they' are mulling such moves...

Mon, 10/17/2011 - 13:20 | 1782039 Confused
Confused's picture

 Can you imagine the BS and market manipulation we would become subjected to?

Mind if I give it a shot?

I imagine "news" would just become obsolete. It will go something like this:

Wallstreet: Give us your money.


Mon, 10/17/2011 - 11:03 | 1781345 Larry Darrell
Larry Darrell's picture

Nevermind.  He'd be a waste of rope.

He won't survive on his own after the crash anyhow.

Mon, 10/17/2011 - 11:39 | 1781573 GeorgeHayduke
GeorgeHayduke's picture

True, to the point AND witty. Nicely done Larry. +1

Mon, 10/17/2011 - 11:52 | 1781646 Fukushima Sam
Fukushima Sam's picture

Don't need a rope, he's wearing a tie.

Mon, 10/17/2011 - 11:01 | 1781349 GeneMarchbanks
GeneMarchbanks's picture

I'm shorting SocGen as I watch...

Mon, 10/17/2011 - 11:11 | 1781411 kaiserhoff
kaiserhoff's picture

This place is "so boom."  Te he

Mon, 10/17/2011 - 11:17 | 1781460 GeneMarchbanks
GeneMarchbanks's picture

... well well ... Todd: Another reason to short SocGen.

Mon, 10/17/2011 - 11:02 | 1781353 williambanzai7
williambanzai7's picture

Honey, have you seen my dog shit bags and lighter fluid?

Mon, 10/17/2011 - 11:12 | 1781423 DaveyJones
DaveyJones's picture

They're downstairs with the graphic art dear. 

Mon, 10/17/2011 - 11:40 | 1781578 williambanzai7
williambanzai7's picture

Nice one ;-) If the fool shits bear it...

Mon, 10/17/2011 - 11:02 | 1781356 kaiserhoff
kaiserhoff's picture

Mommy, Mommy, the world won't devote itself to making me look good.  Whaw!

Mon, 10/17/2011 - 11:17 | 1781459 Hansel
Hansel's picture

Free speech is bullshit!  Make daddy tell everyone to shut up so I can talk!

Mon, 10/17/2011 - 11:43 | 1781602 macholatte
macholatte's picture

There's a reason it was the FIRST amendment.

Amendment I

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Mon, 10/17/2011 - 14:54 | 1782367 merizobeach
merizobeach's picture

"There's a reason it was the FIRST amendment."


Yeah, but not the reason you're implying.  'Freedom of speech' is the first amendment of the Bill of Rights because, of the original twelve that were proposed, numbers one and two were stricken, and the third--free speech, religion, assembly--became the first that survived to be codified.  The original first article pertained to the aportionment of representatives, and the original second article later became the 27th amendment, pertaining to congress not being able to affect a pay raise for themselves before a new electoral cycle. 

Mon, 10/17/2011 - 11:03 | 1781358 EscapeKey
EscapeKey's picture

ah diddums

Mon, 10/17/2011 - 11:03 | 1781359 dr.charlemagne
dr.charlemagne's picture

"congress shall make no law.............abridging the freedom of speech, or of the press......

Mon, 10/17/2011 - 11:09 | 1781404 tekhneek
tekhneek's picture

Merely a piece of paper.

Mon, 10/17/2011 - 11:18 | 1781463 Conrad Murray
Conrad Murray's picture

Backed by millions of arms and (?) the will to protect it. USD vs USC...FIGHT!

Mon, 10/17/2011 - 14:57 | 1782382 merizobeach
merizobeach's picture

Look!  You're free!  It says so right here..


Now get your f'n ass back to work and pay your war taxes!

Mon, 10/17/2011 - 11:52 | 1781647 Esso
Esso's picture

Isn't it curious how the solution to every problem now involves tearing up the Constitution?

Hurry up and finish running that sumbitch through the shredder. It'll be a goddamned Utopia, I tell ya! /sarc

Mon, 10/17/2011 - 11:03 | 1781361 oddjob
oddjob's picture

So do blogs get tarp funds then?

Mon, 10/17/2011 - 11:26 | 1781511 tekhneek
tekhneek's picture

Good question.

I bet this guy cries all over his pillow case at night while he reads ZH comments on his iPad 2.

Mon, 10/17/2011 - 11:40 | 1781584 NotApplicable
NotApplicable's picture

Him too?

Of course, I just have an iTouch, and can't focus on the tiny text at bedtime.

Mon, 10/17/2011 - 11:03 | 1781363 buzzsaw99
buzzsaw99's picture

whine and cheez bitchez.

Mon, 10/17/2011 - 11:14 | 1781441 kaiserhoff
kaiserhoff's picture

Psudonames... Is that like groinocologist?

Does this mean that Steaming Wookie Doo is not an authentic, given, Christian name?

Mon, 10/17/2011 - 11:55 | 1781672 spankfish
spankfish's picture

"Steaming Wookie Doo" ... porn star, stripper or both?

Mon, 10/17/2011 - 12:06 | 1781715 buzzsaw99
buzzsaw99's picture

pseudo, you know, like Longacre Fund Management LLC. Not called the squidly bank holding company, so it's okay! ;)

Mon, 10/17/2011 - 11:03 | 1781364 stateside
stateside's picture

His boyfriend must be holding out.  Nerves seem a bit frayed.


Mon, 10/17/2011 - 11:03 | 1781365 JW n FL
JW n FL's picture





Mon, 10/17/2011 - 11:06 | 1781378 EscapeKey
EscapeKey's picture

Not entirely his fault.

It is also the fault of those who have never been elected, the people who can't spend money in the shopping centres, the weather god, and... well, basically, anyone but the elected politicians and their monetary masters.

Mon, 10/17/2011 - 11:32 | 1781542 Miles Kendig
Miles Kendig's picture

No wonder the Watergate gets more traffic than the Mayflower...

Mon, 10/17/2011 - 11:05 | 1781377 traditionalfunds
traditionalfunds's picture

More regulation is the answer!

Mon, 10/17/2011 - 12:19 | 1781784 Zero Debt
Zero Debt's picture

+ One green because you didn't mention which question you answered

Mon, 10/17/2011 - 11:06 | 1781379 LawsofPhysics
LawsofPhysics's picture

link to be pulled in 3,2,1...

Mon, 10/17/2011 - 11:06 | 1781382 Racer
Racer's picture

The person who shouts and yells is generally the one that is most at fault... they try to intimidate the other into doubting themselves..

they can't face up to the fact they themselves are wrong

Mon, 10/17/2011 - 11:25 | 1781505 Temporalist
Temporalist's picture

The "He Who Smelt It Dealt It" economy?

Mon, 10/17/2011 - 12:19 | 1781785 Fur Trader
Fur Trader's picture

"The lady doth protest too much, methinks."
Hamlet Act 3, scene 2, 222–230


"Thats's no Lady, that's my Broker....."

Fur Trader, Act 1 Scene 1


PS  Tyler, full disclosure, please... as for revenues it includes Fur Trader's $100 (Can.) donation.  I've just decided to up it to $200.  Cunt.

Mon, 10/17/2011 - 11:06 | 1781383 SheepDog-One
SheepDog-One's picture

Bullish for whine and gubment cheeze!!

Mon, 10/17/2011 - 11:07 | 1781389 SheepDog-One
SheepDog-One's picture

WOW is this video feed buggy! Its dumped my browser twice in a row!

Mon, 10/17/2011 - 12:01 | 1781692 darkaeye
darkaeye's picture

Time to upgrade your dial-up service to the full 9600baud.

Mon, 10/17/2011 - 11:07 | 1781393 bob_dabolina
bob_dabolina's picture

Whiney bitch

Mon, 10/17/2011 - 12:03 | 1781703 Josh Randall
Josh Randall's picture

Love it - come get me Whiney McCrybaby

"I don't think it's fair..." = LOL !!!

Mon, 10/17/2011 - 11:07 | 1781394 Marigold
Marigold's picture

Just what you would expect from a Todd !

Mon, 10/17/2011 - 11:38 | 1781570 Abitdodgie
Abitdodgie's picture

Don't be a TODD

Mon, 10/17/2011 - 11:07 | 1781396 Zola
Zola's picture

There is a reason this guy is on the sell side instead of the buyside and this proves why... GET A CLUE IDIOT !

Mon, 10/17/2011 - 11:08 | 1781397 the iD
the iD's picture alt vid link. bloomy is still using cups and string.

Mon, 10/17/2011 - 11:08 | 1781399 Seasmoke
Seasmoke's picture

Quick, get that pussy a tampon

Mon, 10/17/2011 - 11:33 | 1781548 Miles Kendig
Miles Kendig's picture

He reads the Pink Sheet [FT] .. same difference

Mon, 10/17/2011 - 11:08 | 1781401 Archimedes
Archimedes's picture


Are you running a Hedge Fund and duping your readers? Shame! Expose yourself or I will have to go back to CNBC where all of their motives are clear and un biased!


(Ha, what a pussy this guy is!)

Mon, 10/17/2011 - 11:35 | 1781558 Miles Kendig
Miles Kendig's picture

Why the disrespect for all the quality pussy out there?  Calling this sorry excuse for human flesh a punk would be a serious disrespect to all the honest, hard working punks in penitentiaries the world over.  No wonder he is a sell side sub.

Mon, 10/17/2011 - 12:07 | 1781726 Chaffinch
Chaffinch's picture

Please tell us which Hedge Fund you run Tyler - we're all desperate to buy into it!

Mon, 10/17/2011 - 12:27 | 1781819 oogs66
oogs66's picture

yeah, CNBC is nothing but cheerleaders...they should be least this guy doing the interview acted like a cnbc they would have been chest bumping after that comment

Mon, 10/17/2011 - 11:09 | 1781402 Kina
Kina's picture

Banksters all hate transparancy. They hate their corruption, and batardisation of society being called out to the peasants.

These guys hate the blogosphere it reveals how they shit in everybody's beds for a living.


Truth is the enemy of corruption. Banksters hate truth as much as their mothers, whom they earlier sold into prostitution. Get the picture....banksters who fear truth reveal themselves to be low lifes.

Mon, 10/17/2011 - 11:23 | 1781488 traditionalfunds
traditionalfunds's picture

Open Source research strikes a nerve with Wall St too. 

Todd thinks information should be "paid for."

Mon, 10/17/2011 - 12:02 | 1781697 TheSilverJournal
TheSilverJournal's picture

"Banksters who fear truth reveal themselves to be low lifes." +81

Mon, 10/17/2011 - 11:09 | 1781403 Obvious Paradox
Obvious Paradox's picture

While he is a whiney bitch, not sure I would call that a melt down.  Slow day out there to even mention his take.

Mon, 10/17/2011 - 11:09 | 1781405 unwashedmass
unwashedmass's picture

blogs aren't allowed to have opinions. interesting take.

Mon, 10/17/2011 - 11:42 | 1781593 Temporalist
Temporalist's picture

Nor are they allowed to use facts from other researchers or make comments about that information.  I'm sure ZH will not last the week.

Mon, 10/17/2011 - 13:18 | 1782029 Liquid Courage
Liquid Courage's picture

Well ... duh! Of course not. Blogs should just circulate the output of the paid analysts the same way the MSM does the Press Releases of official agencies, after all, such insiders are privy to information the rest of us poor unwashed plebs never see, and, of course no-one in a position of such high responsibility would ever stretch the truth to make more money or to make themselves look better, would they?

Oh yeah, right. That's why there is a blogosphere in the first place.

Mon, 10/17/2011 - 11:09 | 1781406 AngryGerman
AngryGerman's picture

you wonder why he is defending MS: he worked there.

abd he just got out of CLSA before Allen Lam's insider conviction.



Mon, 10/17/2011 - 11:11 | 1781413 Dick Darlington
Dick Darlington's picture

Oh dear, how did this loser ever get out of mom's basement? I bet his mom was in the studio waiting him and bought him a lollipop after the interview. Poor bastard was almost crying.

Mooooom, meatloaf! I want meatloaf! How can i not get meatloaf when the other guys get meatloaf?

Seriously Todd, grow up.

Mon, 10/17/2011 - 11:17 | 1781458 machineh
machineh's picture

How can you have any meatloaf, if you don't eat your pudding?

If you don't eat your pudding, how can you have any meatloaf?

Mon, 10/17/2011 - 11:11 | 1781418 Capt Tripps
Capt Tripps's picture

Hahaha what a weasely little cuntface.

Mon, 10/17/2011 - 11:11 | 1781420 Quinvarius
Quinvarius's picture

Bankers should not be campaigning against civil rights at this juncture.  Seems like this guy doesn't understand what is going on outside his window anymore than he understands how to do his job.

Mon, 10/17/2011 - 11:12 | 1781421 Bring the Gold
Bring the Gold's picture

LOL, "Wallstreet alone should disseminate their information". Yeah they are very regulated. What an arch-asshat this guy is. I think all political information should ONLY come from the RNC and DNC third parties shouldn't be allowed. I think polluters should do their own pollution info dissemination once we get rid of all regulations (ala Glass-Steagall etc. etc.). This guys thinking is so odious it's beyond description.

Mon, 10/17/2011 - 11:12 | 1781422 Kokulakai
Kokulakai's picture

Cockroaches shun the light.

Mon, 10/17/2011 - 11:17 | 1781424 bentaxle
bentaxle's picture

I promise from now on to, er..self-regulate myself. There job done.


Sell Morgan Stanley! (That OK with everybody?)

Mon, 10/17/2011 - 12:36 | 1781867 Tramp Stamper
Tramp Stamper's picture

I heard you can go blind doing that

Mon, 10/17/2011 - 11:13 | 1781427 SDRII
SDRII's picture

Maybe todd should focus on explaining to the "street" why MS stock (GS)hasn't skyrocketed up under the guise of the EMH and his all clear. A near perfect microcosm of the sell side wasteland

Mon, 10/17/2011 - 11:13 | 1781429 no es bueno
no es bueno's picture

I'm short Todd's house

Mon, 10/17/2011 - 11:20 | 1781475 tekhneek
tekhneek's picture

I'm short the name Todd.

What a stupid, stupid name for a stupid, stupid person.

Mon, 10/17/2011 - 11:14 | 1781431 Temporalist
Temporalist's picture


Mon, 10/17/2011 - 11:14 | 1781435 nathan1234
nathan1234's picture

This A$$hole has the entire official media with him and is afraid of the truth from the blogs.

He has the official etsbalishment who changes accounting standards to his requirements, the governments to hand over public money to him but cannot tolerate the truth and opinion from blogs.

A real Prized A$$hole who deserves to be put to pasture if not behind bars.


Mon, 10/17/2011 - 11:31 | 1781538 tekhneek
tekhneek's picture

Let's give him a nobel peace prize!

Mon, 10/17/2011 - 11:15 | 1781437 spekulatn
spekulatn's picture

"LONG ONLYZ entering the market"


Holy shiT! 

Mon, 10/17/2011 - 11:21 | 1781474 Temporalist
Temporalist's picture

And he said "The Bears Will Take Over"  Someone tell Stephen Colbert not to go to work today, shut the windows, lock the doors and hide the honey.

Mon, 10/17/2011 - 11:14 | 1781438 AmazingLarry
AmazingLarry's picture

I'm trying decide if he really just said that or my mind played jedi mind tricks on his lips to exact sync of the voices inside my head.

Irregardless, I still want to be a banker now more than eva.

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