Stacy Summary: There’s a war on.
Wow, down 1.5% 1.77% already. This is a pretty serious hammering.
 |
| From MaxKeiser.com Images |
Business Insider argues that a merely threatened Goldman investigation by the totally toothless joke of a regulatory body, the Financial Services Authority (FSA) could do that to the pound. I think this chart explains the pounds miserable fortunes this morning:
 |
| From MaxKeiser.com Images |
  |
 |
 |
Most recent: 
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
A YouGov poll actually has the Liberal Democrats in the lead. It has Lib dems 33% Tories 32% Labour 25%. I’m starting to think a hung parliament could really happen. Another poll has the Tories with at 34% Labour at 29% and the Lib Dems at 27%. How much money did the Lib Dems get from City fatcats? They own the other two parties.
Hey Max & Stacy, why don’t you get James Kunstler on your show?
Obama can be interesting..now lets see if something improves http://www.youtube.com/watch?v=cSuT5zN2SPI
White House does cognitive infiltration. Target: Glenn Greenwald and progressives who might hold similar views as him. Pretty pathetic that the White House bends to the will of the their critics on the right but when it comes to progressives, all they’ve got are lies, half-measures, flipflops, and mind games to offer us.
Locals Believe Katla Volcano in Iceland Near Eyjafjallajokull Will Erupt in Seven Days http://scienceray.com/earth-sciences/locals-believe-katla-volcano-in-iceland-near-eyjafjallajokull-will-erupt-in-seven-days/
Ya’ll should go to Kunstler’s blog to read what he thinks about this Goldman thing
http://kunstler.com/blog/2010/04/wheres-rico.html
Speaking of mortgages, we received a letter from Fannie Mae a few weeks ago; it said that they have taken over our mortgage. I wonder if the government is helping them clean up their balance sheet a bit by identifying good risk mortgages to snap up?
Greek debt is rocketting again!
Mike
Rafael Correa threatens to take over Equador’s foreign oil companies. Hope he has some good security.
I really doubt there will be any changes to the monetary system, even though it now seems Goldman Sachs is going to be the sacrificial lamb to be slaughtered to appease the people.
Business will go on as usual when this is over.
24% unemployment in California
http://www.doctorhousingbubble.com/california-unemployment-insurance-running-out-housing-recovery-with-employment/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+DrHousingBubble-HowILearnedToLoveSocal+%28Dr.+Housing+Bubble+-+How+I+learned+to+Love+SoCal%29
Excellent for paying your mortgage. Excellent for income taxes, taxes and economic stimulation.
A freakin paradise. Way to go Arnold !
I expect Krugman and other economists are going to claim it was the fraud that caused the crash, while it was the untested nonsensical economic theoretical framework that he thus will protect..
Goldman Sacks
http://www.cartoonistgroup.com/properties/peters/art_images/cg4ae8386a9593c0.jpg
@Nat
My dog is very good at telekinesis http://ihasahotdog.files.wordpress.com/2009/06/funny-dog-pictures-staring-contest.jpg
Mt Katla ready to erupt?? ZH
looks like 2012 is a few years early no?
@Al-doomandbloom
Loyd is like the Evil Clown http://www.youtube.com/watch?v=XXtsZ348wpQ
@ Dedo
yas don’t belive in an Eye fer an Eye ??????
Or yer ta one who turns ta otter cheek !!! lololololol
Just Kidding Even I am not fer capital punishment as such
But It does Scare peeps into doin ta right ting
Unfortunately ta peeps who lost ta money are told turn ta otter cheek and I aint talkin about ta cheek on yer face lolololololol
ROFL
Hic
But Capital Punishment is a very good detterent for mal practice
I mean a Company getting fined 70 mill fer even a billion dollar scam is rediculus tats not even 1 %
tink of it like a Nuke arsenal = Nuke detterent
@Bonn,..I was just stating that killing folk, never addresses the route problem,..
Bit like taking aspirin for headaches,….
Disclaimer: I know solutions to problems isn’t on the agenda : )
@Frances,.I thought this one quite apt,..
“Insanity in individuals is something rare – but in groups, parties, nations and epochs, it is the rule.”
@ Dedo
We are have seen what has come to light till now ;
What If tear are anotter 30 madoffs out tear wit tee blessings of tee SEC ???
Personally I agree wit peter Schiff tee NYSE should be at 4000 tat intself will kill ta Dollar IMO
When tats gonna happen god knows ;
Hic
Should be around ta corner IMO or War in ta words of Marc Faber
When USA get cornered it goes to War
“A casual stroll through the lunatic asylum shows that faith does not prove anything.”
Friedrich Nietzsche
http://www.quotationspage.com/quotes/Friedrich_Nietzsche/
@Bonn,.Actually bud’,..they are bringing in a similar system,
The difference being,..If you misbehave (don’t do as you’re told)
credits will be wiped off your weekly allowance,..
: )
@Bonn,.We have the technology to instantly bring to bare, the identity of anyone who has been found guilty of malpractice,..
This technology, is affordable to every one on the planet,..
So it doesn’t really take a lot of working out,..now does it! : )
is it just me or do other people think that Lloyd looks like Mini me?
pure evill!
@ Nat,
Exactly. Mike from Liverpool has been watching the tape for the ‘Thing of Beauty’ [sterling collapse] again.
I searched for the Lord ( Lloyd) on Wiki ….
http://en.wikipedia.org/wiki/Lloyd_Blankfein
He serves on the board of the Robin Hood Foundation, a charitable organization seeking to alleviate poverty in New York, as well as on the Board of Overseers at Weill Cornell Medical College.
I mean what kind of sick joke is this??
Correlation does not indicate causation re: the Goldman investigation. Why would a toothless investigation have any significant effect at all?
Might as well blame the Icelandic volcano ash.
Election polls is more realistic, but what does it really tell us? That a coalition would be worse for the financial sector, so perhaps better for others then? Unless completely dependent on finance that is.
Sterling looks like it’s hit the bottom of this flight of stairs for now — now where it was a few weeks ago.
$ per £ 1.53 -0.17%
In other news, should Saint-Etienne be twinned with Jefferson County, Alabama?
Saint-Etienne Swaps Explode as Financial Weapons Ambush Europe
Bloomberg
A warning from France that the financial crisis isn’t over
By Associate Money Week Editor David Stevenson Apr 16, 2010
I wish someone should represent derivative losses geographically, with dark smoking clouds of wealth destruction and transfer.
@ Dedo
Tey done a statistics Peeps Are willing to live ta high life and die by 40 tey are willing to trade on tat ;
But in China I bet you all ta guys runnin pozi schemes currently are looking over tear back and / or have cleaned up tear act.
And tee problem wit madoff was tee SEC knew yet tey allowed it to take place what happened to ‘em ????
nothing tats anotter insult to the intellegence of the peeps who lost tear $$$$
Tey are as much accountable as Madoff;
So how will your Theory werk by Highlighting what ??
Now What should I do as an Investor ???? SEC did’nt do Sh!t what do I do now ??????????????????
Hic
well not me I got less tan 3 % I tink in Stocks/banks/currencys
@Chistopher my RSS feed for Keiser.com is stuck on april 13. Other sites come in fine. Don’t know why this one not. It is a great way to update sites on an iphone. Google has an RSS feed page on safari and I can update all my fav sites… except Keiser.com. I can then go to the entries I want instead of having to visit each page to see what’s new.
I wonder if that is under stacy’s control or some other entity starting with N that passes them thru a filter//?
@Paul: Have you had an In & Out Burger yet?
GOLDMAN SACHS DOSSIER http://forum.prisonplanet.com/index.php?topic=167095.0
GOLDMAN SACHS GANGSTERS PARADISE http://forum.prisonplanet.com/index.php?topic=113208.0
@Bonn,..there are better ways bud’,..for instance, when someone creates a situation wherein they profit from someone elses misfortune, their names should be put up in lights “celebrity” status, so everyone knows not to do business with them,….simple and effective!
It would soon create an equilibrium, and flush out the weasels : )
Actually, it’s called a free market,..shucks
150 years Jail time fer a 70 year old ;tats a freakin Insult to the peeps who lost tear money
“Its an Insult to tear Intellegence”
And not only tat It sends a Signal to otter peeps tis Ok I can live the High life till 70 ten I land in Prison weather I read books @ home or In prison whats difference does it make
That is one of the most stupidest rulings and a very dangerous one I might add IMO
Hic
Even the Madoff tingy they give him 150 years he wont care he was 70 when he got caught; My Dad is 70 he reads all day ofc he manages to play Golf twice a week;
Now If tey introduced what tey have in China where tey executed a guy fer running a pozi scheme that will scare all age groups of humanity; weather yer a 27 year old Wall street Top Gun or a 84 year old Geezer namely Alan Greenspan; Any scam in which more tan 100 people are scam’d off wit tear heads I say;
Hic
@max and stacy Will Hutton has caught up with what you’ve been saying: http://www.guardian.co.uk/business/2010/apr/18/goldman-sachs-regulators-civil-charges
SEC is operating in the same way Fitch has in the realm of suspicion/rumour and the driving of market choice.
I think there might be an agenda.
@Marc:
I lack your prescient ability to be judge and jury over the trial of persons/institutions within the context of personal subjective choice. It must feel almost godlike.
@Nat,.I agree with you totally,..just another normal trading day, nothing abnormal about it,..
Cut the oxygen by not doing business with them.
humour
Bahney Fwank on Goldman Fallout & Financial Reform
http://www.cnbc.com/id/15840232?video=1472756780&play=1
Yes, Youri, but how does one prove failure to disclose?
@Frances Snoot
Really ? No kidding Inspecto Clousot ! Personal agendas ? I am really surprised. Anyways the best way to kill Goldman Sachs is cute their oxygen. Don’t do business with the buggers. Don’t buy anything that Goldman Sachs is in, including greek debt.
Dedo:
so true
The euro is also down against the dollar and the pound is returning to a position it held against the dollar earlier last week.
Still don’t see that this is anything at all..
I’m sure if you believe in telekinesis and stare hard enough, things WILL start moving.
I keep my mind open though (not necessarily about telekinesis).
@stacyherbert
Well this “get rid of bogus investments” could be a good explanation it’s only so hard to believe that these contra parties are so amzingly naïve? Are we so smart or are they so stupid?
@frances snoot
It’s the bogus securitization with these bogus tranches which made these investments so toxic on purpose.
“As only someone from Mars doesn’t know by now, Goldman allegedly sold collateralized debt obligations, or bonds backed by mortgage securities, to institutional investors without disclosing that the specific securities were handpicked by hedge-fund manager John Paulson. Paulson was betting on the securities to fall and, for that reason, structured the securities to include losers — not winners.” http://forum.prisonplanet.com/index.php?topic=167095.msg994983#msg994983
@Frances………No shit Sherlock! : )
* 5 decades or 100 years ??? Do I start wit JFK or WW 2
Also a smaller fraction or world Geo – politics is Iran
So we got 3 major Forces
A ) UK & USA
B) Middle East wit Iran
C) China Russia Japan India ???? BRIC
Hic
The problematic being that the wild west of non-regulatory structure is being restructured to suit those with ties to the monetary authority of the sovereign in order to control the access to capital within the domain of the monetary authority’s digress. The trials are for show.
The worst is the patriot/teabagger race to the top program of neoliberal/global citizenship. These guys (the sorry followers) believe they are reinstituting their founding father’s providence (add water and shake). Instead they are making it easier for the global authority to regulate the people. The leaders of the movement are the worst kind of traitors: for they are not unknowing and certainly quite willing in their efforts to deceive and forward their own agenda at the expense of the people to whom they proffer lies.
@snoot – sure, some investors will hang in there and wait for ‘justice’ to prove Goldman’s guilt; many did with madoff, too; but it looks like many aren’t sticking around to find out what justice says
Excuse me 5 100 years on ten decades I dunno where to start JFK;
Gulf of Tonken ;
Tee US and UK have had a blood bath wit Humanity in tee last 100 years
n from me research tat Queen sittin in ta Buckingham Palace is supposedly in charge of tis side of ta world ;not includin China Russia & Japan & I tink India too not too sure about India toe China ,Russia & Japan is certainly ta otter force
lololololol
Hic
@ Stacy
In yeer own words tey’ll just put some non consequential chap behind bars ; Slap ‘em wit Fine ie Co. ;All ta while planning ta nexxt Scam;
USA Has had no Justice System in place fer ta last 3 Decades
In ta words of Celente its “Just Us” freakin retarded power hungry Lunatics wit an IQ of 60 and brown noses cause tey love lickin oopp errr emmm well well yas get me point
ROFL
Hic
Stacy:
I’m not Cramer: I think Goldman sucks, but officially fraudulent is a term defined by the courts. And yes, the courts are officially fraudulent often and mostly, but they sometimes do serve justice.
I like to see people being given the option of a trial, don’t you? So before they are tried one does try to give them some benefit of a doubt.
@Dedo:
They create the problems and then they profer the solution:
http://www.brettonwoodsproject.org/art-566113
(our monetary authorities)
@snoot – they’re fraudulent; it’s ‘official’ in that it has been publicly alleged now; the court will perhaps not find them ‘guilty’ but then a ‘not guilty’ verdict didn’t mean OJ was innocent . . .
SEC is not working for the American people. The case is fraud vs. fraud: more sovereign jousts. We have yet to see the criminals jailed. Why Goldman? Why not Citigroup’s criminal underwriters?
“The problems he referred to stemmed from Citi’s exposure to “super-senior” collateralized debt obligations, which were considered at the time to be the safest CDOs. These securities were backed by mortgages, in some cases subprime loans, which were believed to be at low risk of default.”
http://money.cnn.com/2010/04/08/news/economy/citi_Prince_Rubin_financial_crisis/index.htm
@y’all
In the words of Mike/L
“Everytin is in a holding pattern”
& Bonn adds “Tears a Calm before ta Storm ; I know ; its been comin fer sometime …..” TM CCR
lololololol
Hic
Goldman Sachs’ $5.4B bonus bonanza adds insult to injury
http://www.nypost.com/p/news/business/bonus_bonanza_adds_insult_to_injury_ROpAOD7ZP4ErXvPYvXVqcI
@Stacy,..so in effect, if the whole system is propped up with derivatives,…..what happens next ? : (
Stacy:
It’s not official that the derivatives are fraudulent until the case winds through court. Even Goldman is ‘presumed innocent’ until proven otherwise.
“Goldman Sachs is all over the news after being charged with fraud. The way I see it, this is essentially a charge that there was not full disclosure. And it appears to me that that is true. It also is true that Goldman will argue (or I think they will) that only very sophisticated investors who signed very lengthy offering documents were involved, and they should have known better. They were also reaching for yield.”
http://www.marketoracle.co.uk/Article18744.html
a good time to wish you all luck. i think this will be a week you can’t forget.
true, but a dollar rally in a stagnation economy is always in the cards
Dollar rally will also be partly due to many European banks unwinding all their Goldman (and Deutsche and Merrill and JPM) derivatives . . . this will increase demand for dollars as they close those out. Now that it is official that these things are not only toxic, but also fraudulent, people will want out if there is still a chance.
nothing like making a point
flight to safety; the dollar is signaling lower stock and gold prices…
flight to safety; the dollar is signaling lower stock and gold prices.
flight to safety; the dollar is signaling lower stock and gold prices
Why is the dollar so strong, its like its sucking up everything
@Paul
Quickly go back to China!
So, we’ve seen Brown’s bottom. Will we see Katla’s peak?
Because it’s so imporatant CAYMAN ISLANDS
Well, what a surprise. In the much-publicised fraud case involving a lawsuit filed by the Securities and Exchange Commission against Goldman Sachs, it is absolutely no surprise to us to find that this deal, known as Abacus 2007-AC1, involves: http://www.scribd.com/doc/30054003/Abacus-2007-AC1-INDICATIVE-TERMS
Issuer: Abacus 2007-AC1, Ltd., Incorporated with limited liability in the Cayman Islands
Co-Issuer: Abacus 2007-AC1, Ltd., Incorporated with limited liability in Delaware
Goldman deal went through Cayman Islands 18 April 2010, (Tax Justice Network) http://taxjustice.blogspot.com/2010/04/goldman-deal-went-through-cayman.html
The FT Article Tax Justice Network is refering to: http://tinyurl.com/y4brtbc
I’m in China and commodities metals rise in value. I get back to the states, and it all takes a dump.
Election wooo, We love lib dems dont we,love and peace and drugs we looove them oooooo. Cable dont we just Love him, Lovety Love Love Love. And Clegg woooo Love the change Love it!!
WOOOAHHH
Cables a fucking neocon?
http://www.guardian.co.uk/books/2008/may/31/politicalbooks.politics
Nick Clegg is an posh tory?
http://www.dailymail.co.uk/news/election/article-1266677/ELECTION-2010-Clegg-plays-Northerner-really-posh-Dave.html
And a war supporting neocon?
http://www.ft.com/cms/s/0/651b95b4-4406-11df-9235-00144feab49a.html
Lib dems have spent the last 5 years of infighting and backstabbing to get these two to the top?
http://www.dailymail.co.uk/news/article-487799/Menzies-Campbell-resigns-leader-Lib-Dems-just-years.html
And now they take no shit?
http://rt.com/Top_News/2010-02-13/british-lib-dem-sacked.html
Well seems like theyve been prepping this hung parliament for some time now, but who wears the trousers?
http://www.youtube.com/watch?v=wbfAZ-ahqrU
Well my old grandma did call the Liberals “Half boiled Tories”
I recon a hung parliament will cause a lot of market volatility, im off to base myself in honey.
There must exist a sense that this slippery slope will become steeper as politicians vote and get enough support by following popular sentiments and this will ultimately destroy banker control..ergo run to exit the pound wich has no other raison d’étre than for banking..
Goldman deal went through Cayman Islands http://taxjustice.blogspot.com/2010/04/goldman-deal-went-through-cayman.html
Bidens Delaware tops the list:
http://www.financialsecrecyindex.com/2009results.html
Sorry i don’t get your point. And i don’t understand why we are being threatened with the TOB if we don’t vote Conservative (but vote they way we want – which seems to be no overall majority). what’s that about? Conservative – they wen’t awol during the early days of the financial crisis! George et al were nowhere to be seen! And whats the difference neither party would have done anything differently. Poor labour if doing what your told doesn’t guarantee love and loyalty what wil!l. What lil’ bit extra do they think they’ll going to get from Call Me Dave!!!!!!!!!!!
Goldman Sachs SEC Case May Hinge on Meaning of Word ‘Selected’ http://www.bloomberg.com/apps/news?pid=20601109&sid=aAaPi5TBgG_M
@Max Power
Captical controls are designed for the dupesters like us not for the banksters. Same with “Free Trade”. Heck even the Tax free shops have been abandoned. They give us notin, notin, No-Thing! They take it all.
Bank: Merrill Committed Same Fraud as SEC Claims Goldman Did (full read) http://tinyurl.com/y6uneun
Bank: Merrill Committed Same Fraud as SEC Claims Goldman Did http://online.wsj.com/article/SB10001424052702303491304575189003501019776.html?mod=WSJ_business_IndustryNews_DLW
Other found comments on US capitol controls
[...]
Not to be nitpicky, but these are not “capital controls.”
Capital controls are restrictions on moving currency in and out of a country, in order to help to manage against volatile swings in valuation.
These are tax controls on foreign held assets, part of the admittedly widening grip of the US on its citizens wealth. It is almost assuredly in anticipation of a ‘capital flight’ from those who wish to evade taxes as you suggest.
China has capital controls. One cannot take their currency out of country when you leave. But given the huge amount of eurodollars and their relative free flow, it is a bit misleading to say that ‘capital controls’ are now in place.
It sounds nitpicky again, I know. But it is important. Because if the US ever does put in genuine capital controls, you know the dollar is on the precipice.
As it is this is just the taxman doing his thing, trying to crack the tax shelters, and upsetting some nations that made an industry out of it.
[...]
With respect to the US capitol controls …
[...]
The US is in a long term total decline as a world power, so I don’t see how the US itself is going to enforce these Capitol Control rules.
You can either hold Mesopotamia and Afghanistan, or you can enforce Capitol Controls — but you cannot do both.
Like with Sir Roderick Spode (the 7th Earl of Sidcup) — you can either be a fanatical right wing amateur dictator (and a member of the House of Lords) … or you can design ladies undergarments. It must be one or the other. Not both. Before Spode inherited the title of Earl of Sidcup from his uncle, he made a living as the “founder and proprietor of the emporium in Bond Street known as Eulalie Soeurs”, a famed designer of ladies’ lingerie.
There is an old American habit — perhaps dating back to Andrew Jackson’s time (but it could even predate this) that the US economy has been [and always will be] designed from the ground up to allow people to make themselves rich and then get up and leave with all their [acquired] wealth without any questions ever being asked. This is a habit that has been in place since 1650, and I do not see it changing.
This is a classical ‘money on the land’ issue of a totally corrupt and collapsing empire.
[...]
=======
On the other hand going with somebody named after an outlaw Jesse James is asking for trouble :
http://en.wikipedia.org/wiki/Jesse_James
===========
In Canada, Australia and NZ — Jesse James as a name has far less meaning. In Australia, the Kelly Gang and its members (like Ned Kelly) are far more famous.
In NZ there is Te Kooti, but he is a national hero to the Maori — and was pardoned by QE I in 1895.
Other names of note:
‘Dr Death’ in the Southern Hemisphere does not refer to Kavorkian (Korvorkian sp?) but Dr Neitchkie (sp?). Oddly, there are lots of other Neitchkies in the southern hemisphere — there is a travel agent bird with that name in Auckland on Queen Street.
@dan valley
By saying that Clinton in fact is bashing Obama’s office with Summers . So how’s Obama gonna react on that? Quess notin and the MSM shuts up like they usually do.
Does anyone else’s RSS feed for the whole site stop at Business Insider’s Jim Chanos entry?
If GS cannot hammer the UKP into parity with the AUD, then GS utterly has no power or influence in the FOREX sector — and can at best be blown away by a mere puff of wind.
The Euro and the UKP should be in the band between the AUD and NZD, with the CAD being the upper band. Any other FOREX value will not work.
This is no radical suggestion either, as the natural FOREX market would have put the European currencies in this band anyway. Money flows and credit (not meaning debt, but trust) flows are natural as they are cyclical — and no good can come from subverting their natural nature.
warren buffet…says you cant have a better manager than blankfein and gave goldman 5 billion shares in preferred shares and another 5 billion in common shares.
clinton says rubin and summers gave him “wrong” advice on derivatives rules
Talk From The Pits: Goldman Sold 1,000 Large S&Ps Earlier
16 April 2010, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/talk-pits-goldman-sold-1000-large-sps-earlier
From the open outcry pits:
Goldman sold 1,000 big SP today over 1,200.00.
Was it just a hedge because they KNEW the SEC would do nail them to the cross?
Is that insider trading?
Who knows how many tens of thousands they sold in the ES?
We can hope the SEC still hasn’t blocked Zero Hedge and is reading these very pertinent questions.
Warren taxpayer buffet bet big on goldman…..ahh it warms my heart to see him lose.
jim rickards Mon night with #soros explaining #Goldman Greek CDS manipulation.
@Y’All
ooh look, a nice big ad for the fucking tories…. yeah right!!!
Neil Young – This Notes For You.
http://www.youtube.com/watch?v=KSSvzCNBvlQ
@Nat
Think that Goldman Sachs will be back on track soon and heck!, If the knew in advance they could have been betting on there own demise. Business as usual for those banksters.
Goldman Sachs Said to Have Been Warned of SEC Suit (Bloomberg) http://www.bloomberg.com/apps/news?pid=20601087&sid=a52BBUru4.hM
@ME…yeah the boys may be cashing out gold positions in order to buy up goldman shares.
I see these headlines that such and such is being hammered because..
Are we not just being too human and trying to find a cause and effect to what could be just a minor fluctuation? I checked exchange rates and personally I couldn’t see much difference to last week or a couple of days ago – I don’t tend to memorise the rate to too many decimal places. It’s moved more than this recently without inducing comment.
It only takes a few cycles of economic behaviour to come into phase to make a shift or even just sales of GBP coinciding by chance (coincidence happens more often than humans generally believe).
On the other hand going with somebody named after an outlaw Jesse James is asking for trouble http://en.wikipedia.org/wiki/Jesse_James
Cute ass that Bullock. She’s OK but my favourate actress is Sigourney Weaver. Can’t rule out Jodie Foster ‘fcause.
@cd
The moyer interview clarifies that the choice that needs to be made is the government taking over the big banks and wind them down with minimal damage to a non profit (but self sustaining) enterprise.
A simple law saying that profit can only be taken with consent of the customer (not the sharehlder) would also completely defuse the situation.
@ Max and Stacy,
Just a little housekeeping comment – the link to Wall Street Warzone doesn’t work. And the Web of Debt link should read Ellen Brown (not Helen).
I couldn’t imagine going a day without this site. Thanks.
@Al-doomandbloom
Bet ya Lord Lloyd is singing a song now “Oh, please Lord don’t let me be misunderstood” http://www.youtube.com/watch?v=d2FT4FprxDg
Well Max
You & Stacy are going to have a lot to talk about this week!
(Zero chance your sing as well, Thank God)
Mike
@ Max
That Sandra Bullock story is bizarre. And the rightpundits blame it on Obama? Obama is just the latest in the long line of shitty American presidents, but what does he have to do with a possible hit on Bullock? Bias is absurd both on the left or the right. Or any philosophy for that matter.
People, you gotta love their thought processes.
sorry I mean ..Lloyd
Oh Lord…Pls have mercy on our mortgages…!
Goldman Sachs are SCUM.
Check out this Bill Moyers interview with Simon Johnson:
http://www.pbs.org/moyers/journal/04162010/watch.html
Lloyd Blankenfein, I fart in your general direction! Your mother was a hamster and your father smelled of elderberries!
http://www.youtube.com/watch?v=FWBUl7oT9sA
http://www.merriam-webster.com/dictionary/sociopath
So what about golds retreat, is that strictly due to dollar popularity, a comex followers exodus, a conviently underreported supression scheme or do people think Goldman Sachs makes the gold?
Sandra Bullock Murder Plot a Sign of Our Times
rightpundits.com
Is this someone speculating on Cantor Exchange/Trend Exchange?
because films depend entirely on the buzz of stars and they are ‘in the open’ this could be a new trend ?
http://www.rightpundits.com/
more on cameron’s dashed hopes
http://www2.politicalbetting.com/
Goldman Sachs Gets the SEC Kiss of Death
Email this post Print this post
By Barry Ritholtz – April 18th, 2010, 10:00AM
Here’s a little “inside baseball” stuff.
Sam Antar, the former CFO of Crazy Eddies who now specializes in training investigators how to uncover White Collar Fraud, noted the significance of a Friday SEC Complaint:
“The SEC filed the lawsuit on Friday without giving Goldman the heads up.
When a company receives a surprise subpoena or a lawsuit on a Friday, it is known as the “kiss of death” from the SEC. (I received my first SEC subpoena on a Friday afternoon, back in the day). It is meant to ruin your weekend plans (yes, the SEC can get personal in its own way), since your lawyers usually don’t work weekends.
Goldman compounded its problem by putting out a misleading press release contesting the SEC’s charges. That press release can be the basis for later 10b-5 violations, if the SEC wins its case against Goldman.
Goldman should not engage in a public debate on this issue, if they want to avoid being baited by the SEC.
Fascinating stuff . . .
http://www.ritholtz.com/blog/2010/04/sec-kiss-of-death/
betfair politics
no overall majority chart
http://politics.betfair.com/
Would that hammering be coming from the GS itself?
Germany is ALSO looking at Goldman………..i wonder if “They” have decied that its time to kill Goldman?
Mike
TOB?
Too early, we need a collaspe of the UK house market….that means higher rates.
Mike