$$$ Would you like to Smash-A-Madoff? [The Deal]
$$$ Unemployed? Here’s where to drink during the day. [Unemployment Party]
$$$ Tycoon’s beauty contest for his five mistresses ends in tragedy – when spurned woman drives him and four rivals off a cliff [Daily Mail]
$$$ So THIS is Why the ABS Market is So Screwed [1-2]
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Where’s VOL IS KING? Haven’t seen him post in some time. I miss his assburger comments, direct, to the point, and funny.
SPODE
The rich and beautiful win again. twas the ugly one that died after she drove the car off a cliff.
Yu was eliminated in the first-round beauty competition and a woman surnamed Liu eventually won after dominating the drinking round, the report said.
This does not stand to reason, it sits and inches across the floor like a dog with worms.
Um…didn’t Cramer just tell us last week – or was it the week before – that we put in a bottom? And Geithner’s plan was good?
Now he’s saying we are going to 6000?
Oh, I’m just so confused! Which is it, Jim? What changed in the past 7 days?
Oh – what’s that? The market went down so now we’re bearish? Oh, I get it. Our outlook on the next 6 months is driven by the market’s performance the last 3 days?
What does the backtest on that strategy look like?
#5 – “What does the backtest on that strategy look like?”
Strong to quite strong….now come check out these Sub Z’s.
@1
VOL IS KING must have committed the only mortal sin not tolerated here and got banned. Right?
anybody heard of Marathon Capital? my gf’s old man has money with them, i think they’re based out of LA…
Can anyone explain to me why it was alright for thousands of wall street college educated people to be fired and yet GM is seriously asking for billions more? And Cramer has some has some comatose looking writer for a big magazine onn spouting about how it is cheaper to give the billions than to have the unemployment and “trickle down” effect of a GM bankruptcy? And, Pimco holds all the cards according to the CNBC crew on now.
Seriously, despite the Americans with Disabilities Act, I cannot believe they allow someone as bipolar as Cramer on the air.
Last week the bottom was in, this week we’re pricing for Armageddon. Next week?
Is the secret just to make the wildest bullish and bearish comments possible, then six months later cobble together the sound bites so he looks prescient?
The guy is an account-churning nightmare.
7
I am not into moral behavior. Can you please extrapolate the mortal sin references?
@9 Both Wall St and Detroit are receiving billions of dollars and firing thousands of people. There is no persecution of the “educated” going on here.
#12, have I missed the unions on wall street?
@7- Nobody gets banned from Dealbreaker, I’m proof of that. Now when I walk into the office and drop my pants Bess just looks at me, laughs, and says “that’s great champ, where’s my coffee?” Same treatment she gives me at home.
When is the next vending machine challenge? Don’t tell me everyone has been fired. Is nothing sacred? Damn you recession! For the love of god why can’t the vending machine challenge be fluid? WHY! WHY! WHY!
For all the viewers playing at home how about a Thursday DB 420 club?
SPODE
VIK I know you’re lonely all by yourself …
http://www.youtube.com/watch?v=A_B5UrI7nAI
smash-a-madoff doll is brilliant…as someone over as WallStreetOasis.com said, “I guess if you’re stupid enough to invest in a fund without conducting due diligence, you are stupid enough to spend $100 on a doll.”
http://www.wallstreetoasis.com/forums/got-100-need-to-vent-smash-madoff
That’s right VIK, no man can be an island. Time you return back to Dealbreaker.
Tangerine Man
@11
You may find VIK’s swan song in the comments here:
http://dealbreaker.com/2009/01/2009-year-of-the-hedge-funds.php
He may not be IT savvy and has no clue about how to get around a ban, or just lost interest, or is doing a Harry Markopolos on someone.
Reports are that he has surfaced at Clusterstock (sporadically).
@14
You are saint compared to VIK. You live in fantasy, VIK wants to penetrate reality.
Add the Stupid Equity Guy (aka SEG) to the list of Dealbreaker MIAs. I fear where these men have gone . . .
I fear SEG and VIK blew each other away in a hail of bullets.
They will be missed.
I am still standing. Rumors of my death were slightly exaggerated. My shop is getting ready to launch a 3rd fund so I am a bit distracted.
We survived 08 with positive gains and then promptly got a hair cut in January, so right now I am nursing my wounds and undigging my YTD number. We have some larger shops sniffing us to be a sub manager for them so there is daylight at the end of our tunnel.
I hope the rest of you guys are surviving the storm out there.
Peace,
~SEG
@VOL – come back kid! I miss the playful banter between you and SEG…
@SEG – good luck righting the ship. I’m riding wfc all the way to levels more appropriate for a bank with filled up with assets from a state that is about to go bk as its source of revenue dries up (read: ca unemployement going to the mid teens) forcing housing prices even further south…oy vey!
@Investor,
I am currently riding the ITEOTWAWKI trade… Long gold & Yens, short Euros, Pounds and Peso’s. I have been playing with a short on the long end of the US T curve but it has hurt me as much as it has made any cash.
I definitely should trade it and not hold it, it seems. Every time I think the market is thinking about spanking the US T for its printer press activitys, some sovereign nation blows up and makes us look good compared to the rest of the bozo’s out there.
I would not be surprised if Ireland has to leave the Euro while staying in the EU. Austria picked up the phone and called their big brother for loan collect, Germany refused the call basically.
Russia halted their market again due to volatility. We closed exactly and I mean less then one freaking point from the lowest closing low of the shit storm of Fall 08. Nice retest for the charts but doubtful it sticks.
Gold is setting new highs in other currency’s now, so it appears we have a good old fashioned international shit storm coming.
If you have been tracking the TAU shipments into major ports, the global growth story is anything but that… Deflation is raging in the worlds streets…
but what the fuck do I know…
~SEG
Long guns and butter
@ SEG
I have a strange feeling I’ll be “liberated” by mid-to-late-summer, so if you need a lackey in NYC to pimp your wares, well, I might be able to offer my “services” (whatever they may be)
http://liz.blogs.foxbusiness.com/2009/01/19/flynt-and-the-flaccid-economy-porn-needs-tarp-too/
@25
Flynt/Francis stunt a lil stale, try to keep up son
Sir Anal,
Sounds like a plan, I am pondering an hard cider brewery on the coast. You could make the perfect drunk for my management team. I mean quality control officer.
~SEG
The fact that an 8 billion dollar fraud has been over-shadowed by the collapse of the automakers is stunning. These are seriously f**cked up times.
Off topic, I know, but I would so do the Quickster…
It’s a pleasure to find such ratinoliaty in an answer. Welcome to the debate.
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