$$$ HBK Investments lays off 60 employees [HFMWeek]
$$$ Treasury's 25 garbage men [The Deal]
$$$ Artist Paints Over WaMu Branch [City File]
$$$ HBK Investments lays off 60 employees [HFMWeek]
$$$ Treasury's 25 garbage men [The Deal]
$$$ Artist Paints Over WaMu Branch [City File]
Posted by peWonderWoman , Oct 28, 2008 6:29PM
http://benandhank.com/
Has anyone purchased one??
Posted by Potable Alpha , Oct 28, 2008 6:32PM
Damn.
Posted by guest , Oct 28, 2008 6:36PM
HBK link is subscription only.
Posted by guest , Oct 28, 2008 6:49PM
Can someone post HBK piece?
Posted by guest , Oct 28, 2008 6:49PM
Artist? I've seen better work out of preschoolers.
Posted by guest , Oct 28, 2008 7:14PM
God I love America! Only on this land will there be someone who have enough free time on his hands to make a real-life market crash chart on the streets.
Who says Leh employees weren't creative?
Posted by guest , Oct 28, 2008 7:28PM
Wow, Kudlow just asked some hedge fund expert that he had on the program if "Boon Pickens is goin down?" citing that he had heard a rumor. The guy didn't answer directly but said the fund has really suffered.
Posted by guest , Oct 28, 2008 7:33PM
I followed everything by the book "The Game". Why haven't I got laid yet?
Power Suit - Check
Swiss Watch - Check
Italian Shoes - Check
Douchie & Gabbana sunglasses - Check
French Tie - Check
What is the missing ingredient? I want sitting there in the bar, waiting from the female ants to crawl towards sugary me. But it didn't happen. I was left there sitting like a total fool.
OMG! WHY! WHY!
Posted by guest , Oct 28, 2008 7:42PM
ski season can't come quick enough.
Posted by I am a Dude , Oct 28, 2008 8:27PM
@french tie???
thats the prob
Posted by guest , Oct 28, 2008 8:30PM
@8 First problem: I was *sitting* there in the bar, *waiting*.
Gotta be proactive man. Ask 10 "10's" and even if you get shot down 9 times that still means you whent home with 1 "10" that night.
Then again, wating for the score to come to you might be why you are "in between jobs" at the moment.
Posted by guest , Oct 28, 2008 8:44PM
The greatest trade you most likely have missed, and with it an apportunity to become rich! Here is the replay, and it was free to all who can read on the web:
1. First shot (July 8).
"Forex trading blog alert, the great unwind is about to begin; We the yen buyers hereby declare war on Europe; Blog editor made the first shot; 2:46PM"
http://financialtraders.blogspot.com/2008/07/forex-trading-blog-alert-great-unwind.html
2. 48 hours later, the last call (july 10).
"Forex trading (currency trading), EUR/JPY is on "the blog tonight show (july 10-11)". Forex traders of the world: A forex darling would probably fall"
http://financialtraders.blogspot.com/2008/07/forex-trading-currency-trading-eurjpy_10.html
3. October 27, The completion of the big decent, and the surrender of all euro armies combined as promised by the blogger.
(From email alert to insiders list)
"Take your 5500 PIPS profits (and go party). You are now rich!"
4. Coming soon: the time to flip the burger is around the cornet. Stay turned
Posted by guest , Oct 28, 2008 8:50PM
T. Boone is a communist jackass. He put Prop 10 on the California ballot. It borrows $10 billion and gives rebates for vehicles that run on ... NATURAL GAS sold by him!
Now watch him come running for a bailout too. The stuff going on these days is totally unbelievable. Government gone wild.
Posted by guest , Oct 28, 2008 8:54PM
hey anyone here know if i can pick up a sweet chelsea new construction condo in the $2300 - $2500 per square foot range?
i heard there's some good deals going on right now.
TIA
Posted by guest , Oct 28, 2008 9:31PM
I heard newly constrcuted homes are very sturdy.
Posted by guest , Oct 28, 2008 9:33PM
What? I thought HBK was a wrestler.
Posted by guest , Oct 28, 2008 9:33PM
What? I thought HBK was a wrestler.
Posted by guest , Oct 28, 2008 9:34PM
What? I thought HBK was a wrestler.
Posted by Anal_yst , Oct 28, 2008 10:13PM
@ 8
You may have read "the game", but you clearly have none. All the $ in the world can't buy that.
@12
Learn English. Get back to us once you've gotten that far, then we'll consider looking into your incoherent babbling, maybe.
Posted by guest , Oct 28, 2008 10:16PM
I took my gains from the market. Rewarding myself with a nice car. Which would you recommend that I drive: BMW 3 series or BMW 7 series.
Details for the two cars are:
http://infocardealers.blogspot.com/2008/10/bmw-3-series-2009-bmw-335i.html
http://infocardealers.blogspot.com/2008/10/bmw-750li-magnificient-7-series.html
Posted by guest , Oct 28, 2008 10:20PM
Ha! Check this out suckers.
I was fired by Leh but am now employed by the Federal Reserve.
I'm bullet proof now bitches!
Posted by guest , Oct 28, 2008 10:29PM
Anyone notice the complete collapse of Non Agency Mortgage Bonds in the bast 2 weeks?
Posted by guest , Oct 28, 2008 10:39PM
Liesman called Gasparino a hack on Deutsch's show. They wouldn't let Liesman talk!
Posted by guest , Oct 28, 2008 11:10PM
@21
Bullet proof but bonus-less..
Posted by guest , Oct 28, 2008 11:31PM
Here's a report on CDS by "60 Minutes":
http://www.cbsnews.com/stories/2008/10/26/60minutes/main4546199.shtml
Posted by VOL IS KING , Oct 29, 2008 3:03AM
What the fuck is wrong with people. People are fucking insane. Why is the VIX down 16% did we just not have a 10% one day move in the index? Didn't volatility just increase, not decrease. I don't remember ever reading in the manual that came with my stock market that volatility only means prices going down. Maybe this Mario Buritoman guy on cnbc can splain it to me.
Seriously I wish they'd rename it the CBOE Skewmometer. Can someone call the FTC, isn't there some law against fucking putting false labeling on your products like this? I swear they're doing it (mislabeling) on purpose to gin up more order volume for the pits.
vol is up, the VIX lies, fade the skew, hedge the gamma.
Done.
Posted by guest , Oct 29, 2008 3:49AM
What? I thought HBK was a wrestler.
Posted by guest , Oct 29, 2008 5:17AM
@ you have to peacock more - carry something outrageous with you, like a wharton sweater and a PE offer letter..
Posted by guest , Oct 29, 2008 8:36AM
@20
I drive the current 3 series and I'm very happy with it.
The new 7 series looks very nice. If I were you, I would get the M3 coupe (I have seen great deals on them lately)
Posted by guest , Oct 29, 2008 8:54AM
26 - you should review what the VIX is and also review past VIX performance under +/- market conditions. fwiw
Posted by guest , Oct 29, 2008 9:36AM
@26, vol is king, do you even know what vix is? it is a composite of implied vols on s&p500 index options not realized vol of the index itself. then you probably don't even know what implied vol is.
please go back to hanging yourself.
Posted by guest , Oct 29, 2008 10:12AM
If I hear one more professor / writer / guy who took an economics elective in college spew his academic view on the market i'm gonna snap. Wait i just did.
Posted by guest , Oct 29, 2008 10:44AM
Does nobody have access to the HBK article?
Posted by guest , Oct 29, 2008 11:13AM
FYI:
2008-10-28
HBK Investments lays off 60 employees
HBK Investments, the Dallas, Texas-based multi-billion dollar hedge fund, has cut about 60 employees, HFMWeek has learned.
According to a source familiar with the hedge fund, the layoffs occurred across the board. Analysts, traders and operations personnel were among the employees that have been made redundant.
HBK Investments was started in 1991 by Harland Korenvaes, formerly a managing director at Merrill Lynch in charge of the firm’s convertible arbitrage trading and sales.
Posted by guest , Oct 29, 2008 11:22AM
write off the american Homeownerunder threat of foreclosure:
http://tinyurl.com/58kwxc
This is what is happening to an underwriter for Genworth:
“I spent hours on the phone today with Countrywide, called the Hope dept (which is the Home Retention department aka loss mitigation). Again I was told that they know nothing about the H4H program (Hope for Homeowners) I was actually told that I am lucky they have not foreclosed yet. When asking about a loan mod, I was told again that I would have to cancel the short sale process but today I was told that it is unlikely even with my income that they would consider me for a modification of any kind since the taxes on my home are due next month and that puts me over some threshold for what they can modify. So If I can come up with 25k I guess I can keep the house on a loan mod. Or I can continue the short sale process which has Countrywide loosing 78k based on the HUD my realtor submitted which is supported by the new appraised value of my home. Or do nothing and wait for the Sheriff to kick me out. I have no where to go, my wonderful realtor actually gave me the phone number for a shelter. I should take my 74 year old mother in law and my husband with congestive heart failure to a shelter. Countrywide should be working with me, I have the income to make the monthly payments. This is a travesty. God help us all.” - Kitty (10-27-08)
Posted by guest , Oct 29, 2008 11:46AM
they actually laid off 80...
Posted by guest , Oct 29, 2008 12:29PM
@34 - thanks for posting.