Regarding CFC, some 5th tier independant equity shop said CFC was prepping for a bankruptcy filing this weekend. This was roundly ignored. However, following the disclosure of fraudulant (ie "recreated" in the words of CFC's own lawyers) documents by CFC regarding one homeowners problems, the dismissed bankruptcy note took on some credence.
That, plus the ~$5bn in CDO liquidations on the horizon (see Reuters) made everyone run for the exits.
His speech is naturally slurred you dumb fuck. HEY....THANK GOD FOR FOX BUSINESS NEWS. THESE PEOPLE ARE TRYING to make lemonade out of the lemons the CFC's and the CNBC analysts and the (Thank you for nothing) stock market is handing to we poor little investors.
i would venture since cfc has under $300 million subprime residuals as of last quarter and no known cdos (?) the liquidation is not particularly, or at least not 20% worth of germaine to countrywide investors
Haines was fucking awful in the CBOE interview. Should have had a production asst get back.
"Will you start trading options on ETFs?"
"We already do."
That and the fumble on Vix options, not pretty.
Observer, are you insinuating they are the same person ala Michael and Janet Jackson? Heck of a call if you are. I've never seen the two on the same broadcast.
@ 1:29
re the Iranian ships harassing US ships, I heard him say "why don't we just blow them out of the water".
And for what its worth, I have sat next to him on air and I smelled no alcohol on his breath... over the stench of alcohol and cheap whores on my own breath of course. Why do you think he has the morning shift!!
Posted by and i like it , Jan 08, 2008 11:40AM
bess, you are a trouble maker
Posted by , Jan 08, 2008 12:02PM
Any news on what is really going on with CFC?
Posted by , Jan 08, 2008 12:07PM
I repost since you've given me a more appropriate location:
Haines you bloated, antiquated tool.
"What? You can trade volatility? Really? Golly next thing you know there will be options on ETFs!!"
Way to be in touch.
[Seriously, is he attempting to parody himself? I've been on CNBC with him; he doesn't seem that ironic.]
[And a category for Italians Who Don't Sweat? Expecting another post here somehow?]
Posted by , Jan 08, 2008 12:15PM
Is Haines drunk all the time or is that some kind of natural slurred speech?
Posted by Dave Chappelle , Jan 08, 2008 12:21PM
Regarding CFC, some 5th tier independant equity shop said CFC was prepping for a bankruptcy filing this weekend. This was roundly ignored. However, following the disclosure of fraudulant (ie "recreated" in the words of CFC's own lawyers) documents by CFC regarding one homeowners problems, the dismissed bankruptcy note took on some credence.
That, plus the ~$5bn in CDO liquidations on the horizon (see Reuters) made everyone run for the exits.
Cheers bitches
Posted by WTF , Jan 08, 2008 12:25PM
His speech is naturally slurred you dumb fuck. HEY....THANK GOD FOR FOX BUSINESS NEWS. THESE PEOPLE ARE TRYING to make lemonade out of the lemons the CFC's and the CNBC analysts and the (Thank you for nothing) stock market is handing to we poor little investors.
Posted by series7.5 , Jan 08, 2008 12:28PM
i would venture since cfc has under $300 million subprime residuals as of last quarter and no known cdos (?) the liquidation is not particularly, or at least not 20% worth of germaine to countrywide investors
Posted by , Jan 08, 2008 12:29PM
Haines was fucking awful in the CBOE interview. Should have had a production asst get back.
"Will you start trading options on ETFs?"
"We already do."
That and the fumble on Vix options, not pretty.
Posted by Mark Haines's Hepatologist , Jan 08, 2008 12:37PM
You don't know wtf you are talking about wtf. Mark Haines is in fact drunk all the time.
Posted by L'Emmerdeur , Jan 08, 2008 12:47PM
Mark Haines is Irish. Ask Carney.
Posted by inIT4the$ , Jan 08, 2008 12:53PM
CFC debt possibly being downgraded, rep risk on falsification of docs on a cust in PA.
Posted by The Observerer , Jan 08, 2008 1:20PM
Maria sure looks a lot like Mark in some ways......hmmmmmm.....
Posted by 1-2 , Jan 08, 2008 1:25PM
Observer, are you insinuating they are the same person ala Michael and Janet Jackson? Heck of a call if you are. I've never seen the two on the same broadcast.
Posted by PBateman , Jan 08, 2008 1:29PM
Someone on my desk here said yesterday that Haines said on air yesterday that we should just nuke Iran and be done with it.
Can anyone else confirm this?
Posted by newatit , Jan 08, 2008 1:36PM
Who is this Maria you guys talk about so much? I'm new at it.
Posted by , Jan 08, 2008 2:12PM
i had a fantasy about going down on maria last night. it was creepy, but oddly erotic.
Posted by just me , Jan 08, 2008 2:20PM
If prince Ali Baba gets involved in C's daily ops, will Maria go down on his oil pump?
Posted by , Jan 08, 2008 2:21PM
2:12 - are you male or female?
Posted by , Jan 08, 2008 3:15PM
@ 1:29
re the Iranian ships harassing US ships, I heard him say "why don't we just blow them out of the water".
And for what its worth, I have sat next to him on air and I smelled no alcohol on his breath... over the stench of alcohol and cheap whores on my own breath of course. Why do you think he has the morning shift!!