$$$ Cody Willard: "Hey, all you idiot thieving liars at Goldman Sachs - maybe you paid back the $10 billion of welfare money you begged for from the TARP bailouts...but before you pay out a single dollar in bonuses to anybody at your welfare-subsidized institution, how about you pay my sister back the $12 billion in welfare that she sent you through AIG?
And hey, SEC, FINRA and the rest of you worthless regulators who pretend you're protecting us from frauds like Madoff's and Goldman Sachs....how about prosecuting Lloyd Blankfein for fraud or gross negligence? I mean, Blankfein signed off on documents that say his firm's in great financial shape and fully meeting all their capital ratios....when in fact, they had so much junk fraudulently overvalued on their balance sheet that they were actually insolvent and so Blankfein had to go beg for welfare." [MarketWatch]
$$$ Kanjorski Takes Aim at Pay-for-Ratings System [Dealbook]
$$$ French workers threaten to blow up plant [FT]
$$$ Darin DeMizio, Ex-Morgan Stanley Broker, Gets 38 Months for Kickbacks [Bloomberg]
$$$ The World's Worst Doorman And Neighbors Watch, Ignore Brawl, At 63 Wall Street [The Awl]
$$$ Apollo to Raise $600 Million for Commercial REIT Fund [Bloomberg]
$$$ "U.S. officials are in advanced talks to aid CIT. The discussions are fluid. It remains unclear if a final deal can be brokered and, if so, how expansive it might be." [WSJ]
Posted by guest , Jul 13, 2009 5:47PM
no one on earth needs to be punched harder in the face than cody willard.
Posted by guest , Jul 13, 2009 5:48PM
@cody, is that a direct quote? well played, sir.
Posted by guest , Jul 13, 2009 5:52PM
I know it's write-offs, but that quote deserves an accompanying picture of Cody.
Posted by guest , Jul 13, 2009 5:56PM
good call @3
Posted by Bess Levin , Jul 13, 2009 5:57PM
@3 you're right.
Posted by Suits , Jul 13, 2009 5:58PM
They pay him actual money to write that? Like actual, real US Dollars? Dollars which could have been put to a move productive use, say, lining a bird cage? What a country.
Posted by guest , Jul 13, 2009 5:59PM
Cody, suck it douche.
Posted by guest , Jul 13, 2009 6:00PM
He's no Matt Taibbi.
Posted by guest , Jul 13, 2009 6:00PM
Cody, you forgot to add that I owe your sister money for the BJ she gave me in the elevator.
-lloyd blankfein
Posted by guest , Jul 13, 2009 6:10PM
Against the power of Mordor there can be no victory. We must join with him, Gandalf. We must join with Sauron. It would be wise, my friend.
Posted by guest , Jul 13, 2009 6:31PM
That's no brawl. That looks like me and the ol' lady after hittin' the boones.
K. Lewis
Posted by guest , Jul 13, 2009 6:39PM
I'm ashamed to share a first name with that guy.
Cody "The Codeman"
Step by Step
Posted by guest , Jul 13, 2009 6:44PM
Cody looks like a high school jock punk.
Posted by guest , Jul 13, 2009 6:47PM
Dealbreaker covers Fox Business?
Posted by guest , Jul 13, 2009 6:57PM
What a handsome hunk of a man!
Posted by trojan , Jul 13, 2009 7:09PM
Little dude forgot to flip off the crowd and throw out a big Fuck You Very Much to Bud Lite. Amateur.
-B. Lesner
Posted by guest , Jul 13, 2009 7:13PM
Cody, Goldman "begged" for TARP money the same way I "begged" for herpes when your mom was offering to bang every guy in the parking lot at 1500 Pennsylvania Ave.
Posted by guest , Jul 13, 2009 7:16PM
Fuck off.
Posted by guest , Jul 13, 2009 7:17PM
I am an idiot.
-Cody
Posted by guest , Jul 13, 2009 7:22PM
@17- your analogy is off. Banging his mom might have prevented you from killing yourself due to larger forces at work- namely the atrocious selection of women in DC.
Posted by Anal_yst , Jul 13, 2009 7:23PM
@Trojan
That Lesnar, class act (not that I'm about to call him out on it, freak of nature that he is)
Posted by guest , Jul 13, 2009 7:47PM
@3 here. You all can suck my ass and lick my balls.
AntiCody
Posted by guest , Jul 13, 2009 7:48PM
Representative Michelle Bachmann's pretty goddamn hot! She can sing too!
http://www.youtube.com/watch?v=-Psfn6iOfS8#
Posted by guest , Jul 13, 2009 7:50PM
I've already pinned my letters to Mad Max for tomorrows when GS releases earnings.
"I'm shocked, outraggeous, and mordified thats my tax dollars paid them 12 billion threw AIG. I wants me's monies backs".
I think I'll call her office and voice my outrage. Tomorrow I will be Solis Hickman esq Harvard L&B School. When the ducks start quacking, feed'm bitches.
SPODE
Posted by guest , Jul 13, 2009 8:04PM
Why are the pundits losing their minds (Kneale, Cramer, Kudlow, Gaspo, Macke, Willard et all) and why are the douchebag bankers just shrugging and going to prison?
Posted by guest , Jul 13, 2009 8:09PM
why does Denis Kneel keep having that Julie biotch on. She is a horror to watch.
Posted by guest , Jul 13, 2009 8:25PM
Scene: 63 Wall Street
Asian: Who you calling a chink???
Anglo: You, motherfucker!!
Doorman (on phone to broker): Yeah, Bob..What's AIG doing now?
Asian: I don't want no trouble. Don't make me kick your drunk ass!!
Anglo: Bring it, motherfucker!!!
Doorman (on phone) Uh hey...guys? (To Bob the broker): Bob, what's AIG doing now? $13.20??? Fuck!!
(Asian and Anglo go out of frame; sounds of scuffle..)
Doorman (on phone to broker): What's it doing now?/ $14.42?????? Fuck, fuck fuck fuck!@!!!!!!!! Jesus!!!
(Sounds of scuffle continue)
Doorman (on phone to broker) : AIG. Hit me now Bob....$14.60???? FUckfuckfuckfuckfuck!!!!!!! Fuckers!! (To scufflers): No, not you guys. Hey guys, what the fuck, take it outside ...I'm calling he cops.
(Muffled screams and grunts...)
Doorman to people entering building: "Welcome to 63 Wall Street!"
(Sounds of cursing and grunts from scufflers....)
Doorman to broker: "Bob, Cramer got anything on this AIG rally???? Fuck.
Posted by guest , Jul 13, 2009 8:38PM
@22 - You can kiss my ass and suck on my balls
- Team America
FUCK YEAH!
Posted by guest , Jul 13, 2009 8:39PM
fucking great read from cody willard. almost makes me want to start watching fox business
Posted by guest , Jul 13, 2009 9:53PM
Does Cody do any research when he writes these articles? I mean I hate to defend Goldman Sachs, but it's widely reported and factual they DID NOT want the $10 billion TARP money.
In terms of AIG, the Goldman CEO has said even if AIG went bankrupt, Goldman Sachs was fully-hedged in its exposure to AIG through other parties.
So in reality, the government didn't really save Goldman at all in terms of CDS payments, because if AIG went under, Goldman would of gotten paid through other transactions betting on AIG going under.
Posted by guest , Jul 13, 2009 10:00PM
At least the doorman prevented the couch from getting stolen.
-Wildcard bitches!
Posted by Seaman Bodine II , Jul 13, 2009 10:11PM
@30
you think GS was fully hedged against an AIG collapse?
fuck, tools like you make me defend cody
fuck
Posted by guest , Jul 13, 2009 10:56PM
can we get a follow up story on the mexican coke sharks? like- what clubs do they hang out at now? did they get a house in the hamptons for the summer?
Posted by guest , Jul 13, 2009 10:59PM
Madoff landed at southern Super Max pen
Posted by guest , Jul 13, 2009 11:31PM
32 - Yep... Short memory fuck wads seem to forget $47.41 and the world almost ending due to lack of liquidity.
Yes, GS traded at $47.41 and had a choice... Ass raped to death by the shorts or choose the safety of a weekly BJ to the guards... LB chose the gov't BJ and saved GS.
Americans have the attention span of spastic 14 year old girls...
Posted by guest , Jul 13, 2009 11:38PM
Charlie himself said today Goldman was toast but for the gov't money. You'll be able to read it in his book probably.
Posted by Anal_yst , Jul 13, 2009 11:47PM
Bawney Fwankth on The Daily Show tonight: "I was not for increased home ownership..."
CHALLENGE, you fat lying fuck
Posted by guest , Jul 14, 2009 12:03AM
@37
To suck you off in under two minutes while I sing the National Anthem?
Accept
-BF
Posted by trojan , Jul 14, 2009 2:03AM
@analyst
JS called him out. slightly awkward but props JS, props.
Posted by guest , Jul 14, 2009 3:31AM
I love how She-Bair has thrown the CIT ticking time bomb into Tiny Tim's hands, especially as he was set to jet off for a European jaunt.
What goes around, Timmay, comes around.
Posted by PacificGatePost , Jul 14, 2009 3:33AM
GOLDMAN SACHS Writes To The President.... A LETTER of THANKS.
http://pacificgatepost.blogspot.com/2009/07/goldman-sachs-thank-you-mr-president.html
……. And the circus continues, with Taxpayer singing the tune.
Posted by guest , Jul 14, 2009 4:18AM
Mr. Willard, what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.
Posted by guest , Jul 14, 2009 4:43AM
What's with all the recent Goldman Sachs bashing? I don't understand it, especially when it comes from wingnuts.
Posted by Seaman Bodine II , Jul 14, 2009 5:42AM
@35
Ok, let me be less subtle, as Europeans are gay.
Nobody was FULLY hedged against an AIG collapse.
You're so fucking stupid, you think a "bear raid" knocked the stock to $50?
Posted by NickY , Jul 14, 2009 6:01AM
Fox Business’ Cody Willard sounded off in a recent blog post about the recently enacted first time home buyer tax credit, calling it a subsidy for the rich. But Willard seems to have mistaken “first time home buyer” for “new home buyer.” Had he bothered to review the actual credit, he would have known that the first time home buyer credit is for well, just that. Oh, and there’s also a $75,000 income cap for single buyers, $150,000 for married couples. It’s hard to see how that’s a subsidy for the rich from the poor. In his post, Willard says, “The money for that $8,000 a year targeted tax trick for “new home buyers” that the Democrat/Republican Regime created a few months ago means that anybody who’s renting is subsidizing those people who are rich enough (or stupid/dishonest enough) to already OWN homes.” Willard is such a good sport, we're sure he won't mind. He said that he actually will cut his hair, on air, for charity. So maybe the headline is "Cody Willard: Will Cut Hair On Air For Charity." Someone tell TVNewser! Before he left, Willard showed us what his hair would look like short, borrowing the hair elastic from my ponytail and pulling his hair back in one himself. We approved! Then he left, hair still back, newly-gifted hair elastic in place. Fur further references, check out: http://personalmoneystore.com/Personal-Loans/unsecured-Loans/
Posted by guest , Jul 14, 2009 6:27AM
@44
semen bodine why don't you drop by here in europe so we can teach you what we 'gays' do to a pussy like you?
Posted by Seaman Bodine II , Jul 14, 2009 6:37AM
@46
ok, but only if you buy my carbon offsets?
Posted by Perkins Maxwell , Jul 14, 2009 7:01AM
What? I give you that prime example of Cody's beautiful thought, just in time for write-offs, and no acknowledgment, Bess? You're dead to me, dead. Until you next post something funny.
Posted by guest , Jul 14, 2009 7:03AM
@47
if you want to reduce emissions stop your fat mom from farting
Posted by Seaman Bodine II , Jul 14, 2009 7:04AM
she can't help it, obama just made her surgeon general
Posted by guest , Jul 14, 2009 7:08AM
Those waves are mine
-CW
Posted by guest , Jul 14, 2009 7:20AM
@50
she should do a post-natal abortion on you for treating her with so little respect..
Posted by guest , Jul 14, 2009 7:58AM
I have these funny bumps on my dick that look like cauliflower. I think they might be Cody Willard.
Posted by guest , Jul 14, 2009 8:23AM
http://www.calculatedriskblog.com/
1M page views per month, dude's posts are pretty solid but the commentary is crazy.
You think dealbreaker cracks this guys raedership? I don't.
And this is somewhat rational America, not tinfoil hat America (mostly).
Frankly it's pretty pretty prettay frightening.
Jaysus, I did not sleep well last night and I suspect I'll sleep even worse tonight.
Posted by guest , Jul 14, 2009 8:32AM
@54
Rewrite what you wrote after you get some good night sleep. You make no sense.
Posted by guest , Jul 14, 2009 9:07AM
Testing 1-2-3.
Posted by guest , Jul 14, 2009 9:26AM
@55, the guy (refenced in @54) is getting 1-2M hits per month, he's obviously got an audience. He's pretty solid on his analysis but his commenters get pretty far out there. Not nearly as bad as zerohedge or denninger commenters but still pretty bad with a few exceptions.
It's fricking frightening, or should be, if you're a trader. Mainstream America/day traders/401K investors are shutting down, if you're not a program trader/quant you should be fricking scared, and I'm not a quant guy.
Posted by guest , Jul 14, 2009 10:13AM
SBII- yes, you are illustrative of the short term memory folks.
AIG was salvaged prior to GS hitting $47.41.
Revisit the market movements and commentary and you will note that GS and MS suffered from raiders perpetuating rumors that these firms were in mortal danger.
Posted by guest , Jul 14, 2009 10:14AM
@30. You're an idiot.
Posted by guest , Jul 14, 2009 10:19AM
Cody Willard and Dennis Kneale are two of this biggest examples of how you don't have to be good at what you do to get on TV. You just have to suck a mean cock....