As you know, the Securities and Exchange Commission came out with some news today. We consulted an expert on the matter, and he suggested that Cox and Co. take things one step further. And when you think about it, it's really not that giant a leap from one to the next. His thoughts are after the jump.
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Posted by guest , Sep 30, 2008 4:52PM
Sounds like a venereal disease.
Posted by guest , Sep 30, 2008 5:00PM
This is going to be like herpes...it may subside but it can always flare up at the worst time.
Posted by guest , Sep 30, 2008 5:22PM
I've been reading the comments on Dealbreaker for months now. Since the bailout there's been all these people who say we shouldn't do it.
Isn't this site for Wall St types who know better? Can't we eliminate the poors from commenting?
Like there should be a test -- if you don't understand finance you can't comment...
Posted by guest , Sep 30, 2008 5:25PM
@3...many Wall Streeters are free marketeers and don't want gubiment intervention.
Now fuck off ya lurker-wanker. Go back to yahoo finance and send money to a Nigerian when you get there. Asshat.
TGFD
Posted by guest , Sep 30, 2008 5:26PM
"Like there should be a test -- if you don't understand finance you can't comment..."
Or vote!
Posted by guest , Sep 30, 2008 5:29PM
I have a question for you TGFD - you hated the bail out bill.
Would you also like to eliminate the mark to market rule?
Posted by guest , Sep 30, 2008 5:29PM
Yeah @3, and keynesian economics is the new black. You sound like the poor person who doesn't understand finance.
Posted by guest , Sep 30, 2008 5:33PM
You want the fair value for these assets?
You can't handle the fair value!
I'm glad there's men like Christopher Cox who stand guard vigilantly, watching over investors, protecting them from themselves.
Posted by guest , Sep 30, 2008 5:33PM
You want the fair value for these assets?
You can't handle the fair value!
I'm glad there's men like Christopher Cox who stand guard vigilantly, watching over investors, protecting them from themselves.
Posted by guest , Sep 30, 2008 5:47PM
@3 Well there are also WS types that think and don't have large holdings in GS.
Posted by Mr Jones , Sep 30, 2008 5:47PM
Sorry - I meant to watch it, but got distracted by the Jessica Biel photo gallery.
Posted by guest , Sep 30, 2008 5:49PM
Whenever my HFV flares up, a generous application of mayo clears it right up.
Posted by guest , Sep 30, 2008 5:51PM
"hypothetical future value accounting. if we do that we can add a kazillion dollars to the bottom line."
Posted by fxquant , Sep 30, 2008 6:45PM
chris cox sucks cox