The Gorilla of Wall Street that only a mother could love

Stacy Summary:  This guy is a Dick.

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21 Responses to The Gorilla of Wall Street that only a mother could love

  1. Mike2liverpool

    Morning Stacy!
    Mike

  2. @Mike2liverpool – morning; I see you are 2liverpool this morning?

  3. Barrick Capitulates

    http://jessescrossroadscafe.blogspot.com/2009/09/barrick-capitulates.html

    Good article from Jessie’s Cafe Amercain :

    … ” Barrick Gold and their bullion bank partner J.P. Morgan were the target of lawsuits by the gold bulls, most recently Blanchard and Company, for price manipulation through the use of forward sales in their hedge book. The contention was that the selling was being used to manipulate the price of gold.

    Barrick’s initial defense was that if they were acting in conjunction with the central banks, they were therefore immune from prosecution since the central banks are immune from prosecution. Details of that story are here. The public document that Blanchard had put forward was shocking in its implications indeed, and can be seen here.

    Almost as shocking as the complete lack of interest and follow up in such a potential scandal by the financial community, market regulators, and the media.

    One has to wonder what Barrick’s management now sees in the precious metal markets, in order to accept this significant shareholder dilution to take down those fixed price contracts now. “….

  4. A bigger dick is Hank Paulson, not saying one is better than the other. I guess justice will run its course on them all as the full crisis gets under way. Everybody plays their part in this schmuck story.

    Why do I get the feeling Fed, Obaminator, USA, EU, Banks, politicians all prepare for whats coming in october. Just look at the carmanufacturers. I get the feeling GM and them all are stalling to get time to pass until october and the let the heavy shit hit the fan.

  5. Mike2liverpool

    Am on the Lap top @ Work (not that there is much of it)
    Mike

  6. @Stacy …. Dick Fuld says ‘his mother loves him’

    This paragraph was rather interesting IMO :

    …. ” “You know what, people are saying all sorts of crap and it’s a shame that they don’t know the truth, but they’re not going to get it from me,” he said. Although he wouldn’t say why he wouldn’t put across his side of the story – something which last September he said would be to painful to discuss – he did admit that he had promised himself he wouldn’t comment ahead of the anniversary. ” ….

    Will he comment after the anniversary I wonder ?

    .. “he wouldn’t say why he wouldn’t put across his side of the story”…

    So he is basically admitting there is a Conspiracy behind the scenes.
    Has he ( or his close ones ) been threatened ?

  7. @Gold & Barrick

    From : Barrick Gold to eliminate hedges

    … ” Conclusion: Nice to see Barrick wheeling and dealing for properties like an almost-normal big mining firm. Additionally, notice that much of the activity seems to revolve around silver. Silver is still fairly underpriced, historically, compared to gold. Maybe Barrick’s management hasn’t noticed this? The company could be on its way to financing its way out of its gold hedge at the expense of mortgaging some of their silver potential. Robbing Peter to pay Paul? ” …

    http://www.thedailybell.com/515/Barrick-Gold-to-eliminate-hedges.html

    FWIW

  8. Fuld still doesn’t get it. He says people unfairly pile on him for Lehman’s fall. However this scumbag made nearly $500 million dollars from 1994-2008 while ruining America’s oldest investment bank.

  9. Gold is going higher, probably to the $1200 level asap.

    The masses, brainwashed by their TV masters and shill pundits are missing the train leaving the station. They figure if butter and marbles are not rising, there is no reason to own gold, wrong. What they do not understand is the US economy is DOA. It is NOT coming back inside 10 years at the minimum. What is coming back as we speak, is a massive wave of dollars which has been sitting offshore. That wave is breaking.

  10. China wouldn’t allow a rush in goldprice, no we must all wait until China has amassed their desired level of reserves in gold :-P

  11. oddly Ketchum, Idaho is the town where Ernest Hemingway retired to and committed suicide in.
    I love the original Reuters quote from dick…
    “You don’t have a gun; that’s good.”

    apparently the….
    Recession is officially over, according to leading thinktank
    http://tinyurl.com/my5zcd

    think tanks…… where the makers of tanks pay you to think.

    Does Nicolas Sarkozy have short-man syndrome?
    http://tinyurl.com/nj6grc

    well as most people in positions of executive power have psychological issues (in the few studies that have been done) I would guess that SMS is the least of his worries.

  12. You’re a fuld!
    Bloody fuld!
    My mother thinks I am a fuld
    Let’s fuld 2n8!
    Your mother’s fuld!

  13. Cost of dying soars to £7,000 on average, survey finds
    http://tinyurl.com/lsdrlp

    Financial crisis will not be the last, former US federal chairman warns
    “The crisis will happen again but it will be different.”
    http://tinyurl.com/m9t5pd

    An American conspiracy in Iran? What American conspiracy in Iran?
    http://tinyurl.com/n77bj4
    (page 105)

  14. seems like Dick has hired a PR representative….i think he is trying to market his new consultancy firm…

  15. Will this move the money men?

    And So It Begins (Debtor’s Revolt)

    http://market-ticker.denninger.net/archives/1419-And-So-It-Begins-Debtors-Revolt.html

  16. DICK, you’re mistaken…You have a reptilian face and demeanor that not even a mother would love. I guess you need hundreds of millions of dollars to get someone to
    sleep with that hideous mug of yours. But don’t be fooled.
    They only are in it for the money and can’t wait until you slither off of them.

  17. Naming your kid Dick Fuld is not a sign of love.

  18. @Frances….I think the lady tried to settle…she was dismissed.
    The point is that seemingly passive people will get irritated to the point of revulsion ie, screw everything….

    If everyone is settling why record bankruptcies/foreclosures?

  19. @Dante:
    Yes, you’re right. The decimal point could be just about anywhere now.

  20. Dick must have been paying attention to what happened to
    Kellermann at Freddie

    http://www.foxnews.com/politics/2009/04/22/freddie-mac-cfo-dead-apparent-suicide/