…says former CEO who may or may not be authorized to speak for the place. Ya hear that would-be buyers? You can piss all the way off.
The co-founder and former chief executive officer of battered market-maker Knight Capital Group gave a bullish assessment of the company’s future, telling CNBC that Knight can “definitely survive,” even without the help of a financial savior. If Knight should go under, “you’d have a hole in the marketplace,” said Kenneth Pasternak who retired from Knight in 2002. The market-maker “needs to restore the confidence of the community at large, but its a very important player and frankly, was a very profitable player until three days ago.”
"…a hole in the marketplace…"
Shouldn't there a hyphen between the "a" and the "hole"?
Ditto.
- Lehman, Bear, Countrywide, et al.
Don't piss on my leg and tell me its raining!
Where is my knight in shining armour?
- Knight in dirty armour
Now all they need is a bullish call from Cramer to give the market an 'all clear' signal.
IT'S TIME TO TAKE THE KNIGHT BACK, LADIES.
I see Medieval Times always blows $440 million in 15 minutes…..
He'll bite your legs off.
C'mon now, try and understand
The way I feel under your command
Take my hand, as the price descends
They can't hurt ya now. Can't hurt ya now. Can't hurt ya now.
Because the Knight belongs to lovers.
Because the Knight belongs to us.
Worst comment since the Cramer guy
BUY BUY BUY, BOOOOYAHHH SKEEEE DADDDDAYYYYY
Hey-yo, Jim Cramer here. When I worked with Knight Capital, I wasn't able to attend the roundtable because I was all wrapped up.
Nope. Asterisks.
Don't cum in my eye and tell me it's cloudy?
I'm just scared of zombie guy somehow melding with the Cramer.
So is he saying they are too small to fail??
SEC enforcement attorney
Meet me at Minettas at 7:30. Tell me you had to come back so I know it's you.
Fail
Wasn't Pasternak running Knight in the late 90's and their traders were running a huge scam changing the execution prices on block trades and skimming from their institutional clients orders? They couldn't find anyone more credible to interview?
http://www.sec.gov/litigation/complaints/comp1932…
Knight can definitely survive, even without the help of a financial savior. Brisk sales of our "Ladies of the Knight" calendar should fill our funding gap in a matter of days. In short, we will not go gently in to that good Knight…
- Apparently we're all doing puns guy
I don't know…I think the guy has like a an 812 FICO…that seems pretty creditable to me.
Get those brokers back in here! Turn those machines back on!!!!
Pasternak means parsnip in Russian. So… That's something.
They are a part of the 99% worthless people
I tried to be a doctor but I didn't have the patience, and then it came time to fail but I was all wrapped up.
BOO YA SKEEEE DADDDYYYY
Up 60% from yesterday. Called it. Make me a trader.
This is my conspiracy theory and i'm sticking to it. The algo was buying high and selling low. My guess as to what happened is that they actually put the wrong code to the wrong desk. The prop desk is to buy low and sell high, but the retail desk is paying the spread– buying at the offer side and selling at the bid side. My guess is that they put the retail code on the market making side, rather than the retail side. Maybe that's why they couldn't detecte so quickly because they were looking at the retail code thinking something went wrong and then checked the market making code?
Wut
-Knight Capital Technology Analyst
"…and frankly, was a very profitable player until three days ago.”
Let me stop you. I had a very profitable strategy of selling outs for YEARS until I blew up in three days.
V. Niederhoffer
Jealous bitches.
I know the dude who is the MD of the electronic trading business. Biggest douche you’ll ever meet. A real tool. He was dating some analyst with fake knockers who could suck the chrome off a trailer hitch. Word is, he dumped her, and she busted up the place with a bat.
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