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Pip Boy 3000!
Perhaps he had a team of crack blog sifters who brought it to his attention after reading about it on one of the dozens of blogs that was screaming about this shit since at least 2004. You know, years before MSM, years before regulators, years before almost any financier or banker types.
#1: Maybe the IOC should investigate.
I don't mind manufactured, low-talent bands with catchy tunes - but these guys are TERRIBLE.
Clan Carney is hiding the other, half-wit brother in the attic - Mark Carney runs the Bank of Canada.
Yeah, "modeling opportunities in the Middle East".
The GSEs' mission creep from the "affordable housing mandate" to "the whole freaking mortgage market" has to be reversed, if not outright eliminated. I'm sick of all this ownership society bullshit. If you need to borrow at double-digit rates to own a house, you should be a FUCKING RENTER, not a GSE-subsidized mortgage welfare recipient sucking on my tax dollars. Anything that reverses all the anti-free-market propping up of markets, banks and credit bubbles is welcome, even if it is inadvertently enabled by retarded legislators pandering to their constituents.
"I'll try to keep it as professional as possible." Don't rock the boat, bro.
I smell a sting... "Hey Mike, while you are sipping champagne from my belly button, you mind if take a peek inside these folders marked "Eyes Only: The Fuldster"?
20! I work for a hedge fund. I still hate you all. I'm not sure if any or all of these data points are related.
Canada needs a business channel? I figured all they needed was some government bureaucrat updating everyone on the latest achievements towards completion of the Five Year Plan, mixed in with 1950's black&white Romanian cartoons, ahem, I mean "animation". I wish I was paid in loonies.
Shops like Cheyne cracked the mark-to-market dam on these things. I don't think anybody has a choice but to follow suit and sell them at 10-20 or so. Expect a flood of these CDOs to be marked down to pennies by other shops soon. How many more equity sales can ML squeeze out before they run out of marks who are willing to buy?
Are those spermatozoa on Buffet's Reblind-Helen-Keller Green shirt?
"packing packing"? Bess, lay off the bennies, woman, you're causing a scene in the blogohedron, every webcam on the East Coast is staring.
The tragedy of that first sentence only begins with its status as "run-on". The full impact can be classified as grammatical homicide. ;)
This is why we all read Dealbreaker.
Stupid Carney, you're going to be talking about the Great Depression and soup kitchen lines, and no invite for me? WTF?
Maybe they can dig up $100 million or so and buy the naming rights to some crappy-as stadium, and rename it "BankAtlantic WTF Mortgage Tsunami Arenafield". Maybe they can buy the Mets stadium naming rights from Citi. They could sure use the cash.
So, 244 oysters. Has his erection subsided yet? Must have - Bess is getting cantankerous again. My ovaries hurt.
Well, if they revoked Daiwa Bank's license back in 1996 for hiding the truth about a rogue trader who cost the bank a piddling $1.1 billion, they remove the testicles of every senior UBS employee for costing the government an estimated $100 billion every year.