RamblinWreck

Recent Comments

  1. 1
    Posted 2008-12-12 21:00:24 on Bonus Watch ’08: WB

    @115 This same tired cliche AGAIN? Let's be honest, banking/finance is not and never will be anything remotely close to rocket science. Calculating EBITDA or comps is mindless stuff compared to deriving the differential equations for heat transfer problems. So all this stuff about "only Ivy Leaguers are smart enough to handle the rigor of banking" is utter bullshit. They are the legacies of those bankers that came before them, when Ivy was the only college education that counted in the NE.

  2. 2
    Posted 2008-12-11 23:39:08 on Dealbreaker Afterdark: Big Auto In Big Trouble

    Seems to me like the steel mills are gone, textiles, pulp mills have been declining in the U.S. for years, etc. with nary a whimper for money to be extended from the govt. on behalf of the taxpayer. Pick a heavy industry and my guess is they were long ago sent overseas. So why again is the domestic auto industry so vital? For too long the UAW was more than just biting the hand that feeds them; they were clamping down and thrashing ferociously like Michael Vick's best friend. I guess every dog does have his day, but for the UAW, that day has come and gone. Good riddance.

  3. 3
    Posted 2008-12-04 15:04:12 on More Evidence That Fixed Fortifications Are Monuments To Human Stupidity

    ep, Patton references? Who are you?!?!

  4. 4
    Posted 2008-10-31 20:57:26 on The Employees Ringing In The Holiday Work For [Please Enter Which Southern CT HF With Over 20 BN AUM You Think It Is Here]

    @84 If the ghost of Bella can lick the sweet and sour sauce off her, then defend that shitty wall she shall.

  5. 5
    Posted 2008-10-29 16:06:41 on 50 bps

    @43, Since he said "down 350 from current levels" in the final 30 mins, and seeing how there was a 430 point swing in about 5 mins, I would venture to say it is you who is the idiot. Reading comprehension...you haz none.

  6. 6
    Posted 2008-10-15 23:42:46 on He Was Fine Until This Afternoon, Officer

    @155 Nikkei is down about that much. Prepare the Vaseline and ice.

  7. 7
    Posted 2008-10-13 13:23:38 on Krug-MAHN!

    Digging the positive correlation between number of EP posts and internets meme references. Moar of this.

  8. 8
    Posted 2008-10-10 11:01:48 on About Those Lehman Brothers Credit Default Swaps

    @6 Is the auction taking place for CDS positions LEH held, and not for CDSs that were to protect against LEH itself? Haven't heard enought about this for as big of an impact as it could/will have.

  9. 9
    Posted 2008-10-10 10:10:09 on 8000? 5000? 0?

    7850

  10. 10
    Posted 2008-10-10 10:02:48 on Morgan Stanley Is Doing Just Fine, Though, Really, Screw That Ratings Agency

    @30 I believe that's called "buyer's remorse."

  11. 11
    Posted 2008-10-09 23:57:28 on Write-Offs: 10.09.08

    @49 How's Monday work for you? Thanks Columbus! http://www.buyusa.gov/uk/en/us_bank_holidays.html

  12. 12
    Posted 2008-10-09 16:48:29 on <89700

    Kind of an ironic ending to the 1 yr anniversary of the Dow all-time high.

  13. 13
    Posted 2008-10-02 08:58:41 on UBS Going To Be Fine, Fingers Crossed

    They were doomed as soon as they strayed from they core competencies of banking National Socialist accounts.

  14. 14
    Posted 2008-10-01 21:07:46 on Voting On The Bailout: Let’s Try This One More Time

    Congress must have planned this all out: let the simpler bill fail, markets tank, draft bill with all kinds of extra shit in it, proceed to pass said full of shit bill because it took people's 401(k)s dropping a couple $1,000 in one day to make them understand that, yes, things are indeed bad.

  15. 15
    Posted 2008-10-01 09:55:54 on Let’s Try This One More Time

    With all the extra stuff they are adding in, I don't see how it can't pass.

  16. 16
    Posted 2008-09-29 13:39:12 on They’re Voting!

    The 'Nays' are catching up...129-123

  17. 17
    Posted 2008-09-29 08:48:15 on Shitichovia: Financial Newspeak (Part II)

    LIBOR/OIS at 2.2

  18. 18
    Posted 2008-09-26 08:35:31 on Opening Bell: 9.26.08

    @10, for the win.

  19. 19
    Posted 2008-09-25 11:52:21 on Show Us Your Knickers!

    1. Acquired like MER 2. BK (i.e., weakness leaving the system)

  20. 20
    Posted 2008-09-25 01:16:12 on Write-Offs: 09.24.08

    Here's why: Toxic Assets:Banks::Street Vendor Food:Assholes Once inside, they inevitably lead to a blowout...sometimes several.