• 17 Sep 2008 at 4:56 PM

Capitulation From A Homeless Guy: Signs Of A Market Bottom?

By

The homeless guy who hangs around the street outside of DealBreaker Global Headquarters asking for cigarettes suddenly has opinions about the global financial meltdown. As we handed him a cancer stick he decided to instruct us about how to keep our money safe.
“What you gotta do is take your money out the banks and you gotta put it into China. Get yourself some yen,” he said.
They don’t ring a bell at the bottom but this strikes us as something akin to the shoeshine boy with stock tips for Joe Kennedy.

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    Comments (42)

    Older Comments
    1. 1
      Posted by guest | September 17, 2008 at 5:03 PM

      I thought Fuld quit smoking.

    2. 2
      Posted by guest | September 17, 2008 at 5:05 PM

      lovely

    3. 3
      Posted by guest | September 17, 2008 at 5:06 PM

      You sure it wasn’t Jimmy Cayne…and was it cigaweed?
      Wu Tang FInancial should hire homeboy…

    4. 4
      Posted by guest | September 17, 2008 at 5:07 PM

      Its a bottom when you are standing in line with that guy at shelter.

    5. 5
      Posted by guest | September 17, 2008 at 5:08 PM

      Blame the auditors?
      http://www.retheauditors.com/2008/09/hello-big-4-are-you-out-there.html

    6. 6
      Posted by guest | September 17, 2008 at 5:09 PM

      I thought Obama didn’t smoke in public.

    7. 7
      Posted by guest | September 17, 2008 at 5:09 PM

      find me some chinese yen!

    8. 8
      Posted by guest | September 17, 2008 at 5:09 PM

      I’m starting a soup kitchen business!

    9. 9
      Posted by guest | September 17, 2008 at 5:11 PM

      蛋黄酱

    10. 10
      Posted by guest | September 17, 2008 at 5:11 PM

      didn’t realize the staff of dealbreaker was the 2008 incarnation of joe kennedy.

    11. 11
      Posted by guest | September 17, 2008 at 5:14 PM

      @6
      Fuck you racist!

    12. 12
      Posted by guest | September 17, 2008 at 5:17 PM

      @6,11 – Does Obama even smoke?

    13. 13
      Posted by guest | September 17, 2008 at 5:18 PM

      “Randolph, Randolph!”
      “What is it Mortimer? I’m still not talking to you”
      “Randolph, look….We’re back!”

    14. 14
      Posted by guest | September 17, 2008 at 5:19 PM

      @13…quote of the week!

    15. 15
      Posted by guest | September 17, 2008 at 5:21 PM

      #9 egg yolk sauce? is it suppose to be funny?

    16. 16
      Posted by NG | September 17, 2008 at 5:21 PM

      anyone trading energy with Constellation Energy Group?

    17. 17
      Posted by guest | September 17, 2008 at 5:22 PM

      @6 McCain would smoke too IF HE COULD LIFT HIS ARMS ABOVE HIS SHOULDERS.
      See what happens when your parents are related.

    18. 18
      Posted by guest | September 17, 2008 at 5:23 PM

      @11 What do you mean “you people”?

    19. 19
      Posted by guest | September 17, 2008 at 5:23 PM

      @11, you are actually the Racist. You assumed he was saying Obama was homeless because he is black. Not considering that it could be because he is liberal, socialist, tree hugging, or from Chicago.

    20. 20
      Posted by guest | September 17, 2008 at 5:25 PM

      @17:
      Mccain got that way in a POW camp. Anyway, you don’t need to lift you arms above your shoulders to smoke.
      Try to make sense next time

    21. 21
      Posted by guest | September 17, 2008 at 5:25 PM

      Your film-maker date called the top 6 months early back in Feb 07. Should we expect 6 more months of recession?

    22. 22
      Posted by guest | September 17, 2008 at 5:26 PM

      i think it’s chinese yuan – jim rogers’s big on it~ maybe it’s our jim taking a breaker from being rich

    23. 23
      Posted by EconAnalyst | September 17, 2008 at 5:27 PM

      All time high of iShares Dow Jones US Financial Svc. (Public, NYSE:IYG) was February 20, 2007.
      Pretty damn close Carney.

    24. 24
      Posted by guest | September 17, 2008 at 5:30 PM

      @17
      How do you smoke without lifting your arms? Do you bend over or just get a little Vietnamese boy to help you?

    25. 25
      Posted by guest | September 17, 2008 at 5:31 PM

      u guys just marked history

    26. 26
      Posted by guest | September 17, 2008 at 5:31 PM

      Fuck! NOOOOOO!!!! I wanted this downtrend to last longer

    27. 27
      Posted by guest | September 17, 2008 at 5:32 PM

      @ 18: awesomeness.

    28. 28
      Posted by guest | September 17, 2008 at 5:32 PM

      @18 what do YOU mean “you people”?!

    29. 29
      Posted by guest | September 17, 2008 at 5:36 PM

      Seriously. Dick Fuld. WTF? where is he?

    30. 30
      Posted by guest | September 17, 2008 at 5:42 PM

      Personally I like the the Trading Places quote -(Mortimer Duke) “Fuck him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on!”

    31. 31
      Posted by guest | September 17, 2008 at 5:49 PM

      @11: Race you, fuckist!

    32. 32
      Posted by Cincinnatus C | September 17, 2008 at 6:05 PM

      @#5: you are so right on the money. i don’t know how many times i have said to my brother, or he said to me, ‘there are so many more enrons out there’ or ‘all of these FV audits are just one step away from an enron’ in terms of the bullshit and potential shock to the system the fallout from a TRUE fair valuation of hte firms’ assets would cause.
      still though, what’s going on nowadays is truly amazing. history in the making. unmaking history. if that makes sense.

    33. 33
      Posted by HAM05 | September 17, 2008 at 6:11 PM

      @30 you’re ruining the movie for me

    34. 34
      Posted by guest | September 17, 2008 at 7:39 PM

      @24
      You bend at the elbow d-bag.

    35. 35
      Posted by guest | September 17, 2008 at 9:09 PM

      #17
      chimp

    36. 36
      Posted by NotNasser | September 18, 2008 at 12:30 AM

      I’m all set then, because I bought a bag full of Chinese yen from a guy I met on the street just last week.
      He had an honest face, too. Runs his forex operation in the alley to reduce overhead.
      Good thinking. I like that.

    37. 37
      Posted by guest | September 18, 2008 at 12:48 AM

      #6:
      http://noliberalspin.blogtownhall.com/

    38. 38
      Posted by guest | September 18, 2008 at 1:30 AM

      Hell, holding Chinese yen is probably safer than holding US dollars right now. If the peg breaks, the yen is only going up relative to the dollar. The man’s right.

    39. 39
      Posted by guest | September 18, 2008 at 7:19 AM

      @38, holding Chinese yen. Really?

    40. 40
      Posted by Bristol Airport Hotels | April 19, 2012 at 10:22 PM

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    41. 41
      Posted by Like Bot | April 25, 2012 at 11:20 AM

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    42. 42
      Posted by ephedrine | April 25, 2012 at 3:59 PM

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