Finnegan's Profile
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Entry: Layoffs Watch '09: A Dissenting View
posted by Finnegan
Apr 18, 2009 6:28PM
Think "douche" @9 was perhaps being sarcastic.
Entry: Presented Without Comment
posted by Finnegan
Apr 20, 2009 10:24PM
Somewhere in Child Protective Services:
"We just call a call from staff at a daycare about some girl a bit too familiar with her father's small penis. We better send out a social worker."
Entry: But What Does It MEAN
posted by Finnegan
Apr 25, 2009 6:33PM
It means the rest had the results faxed or emailed or hand delivered and Mack wanted clarification on some conclusions.
Entry: But What Does It MEAN
posted by Finnegan
Apr 26, 2009 8:56PM
@44... yea was not quite coherent there... should have said they ALL had it sent, and Mack had concerns and wanted more discussion face to face.
Entry: Dealbreaker Weekend Edition: Citi Suction
posted by Finnegan
May 03, 2009 11:29AM
@18
And how does taking a minority stake in a car company that taxpayers are bailing out represent "taking over"? What's the alternative?
Either the government can do something, or nothing, (and will be damned either way)and there is always great merit to the government doing nothing and letting things fall into the proper toilet.
But once it becomes necessary to take action, and the government is acting on behalf of taxpayers, then the hand will be a little heavy, and there will be requirements.
But let's cut the hyperbole and stop acting like variations on these things have not happened before, or are not happening elsewhere in the world. It's called trying to fix the problem.
Entry: Presented Without Comment: The Full Force Of The White House Press Corps
posted by Finnegan
May 04, 2009 3:27AM
All this "alarm" is people being influenced on the back end by Republicans, who happen to be still following the McCain playbook of trumpeting non-issues and hoping that people get absorbed by theoretical phantoms rather than focusing on present realities.
Rarely have we had such a delicate time in the state of the nation that has been so dominated by one group's inability to focus on positive answers to difficult questions. Obama as socialist or Obama as suspender of first amendment rights via Fair Use laws or Obama as grabber of industries is the talking point of the day, with never an answer to the problems at hand.
Makes one wish that a decent chap like Jack Kemp could get resurrected.
Entry: Presented Without Comment: The Full Force Of The White House Press Corps
posted by Finnegan
May 04, 2009 4:09AM
@84
Well I voted for Bush, 2x, and dislike when people trivialize any complex issue just to score points.
Thought liberals were being stupid then, and think conservatives are being daft now. I also remember certain liberals actually having real reasons for disagreeing with administration policy without resorting to hyperbole.
But yea, all are guilty of same but that does not make it right. And even though I am conservative and have voted Republican for the past many years, I like to every now and then think for myself, or not give tit for tat.
Entry: The Affordable Dream?
posted by Finnegan
May 04, 2009 9:45PM
"This time, it's about the car!"
Entry: Write-Offs: 05.04.09
posted by Finnegan
May 04, 2009 11:27PM
EP adds some intellectual heft, however right or wrong she might be.
Entry: Judge Denies Request To Keep Chrysler Secured Lenders' Names Under Seal
posted by Finnegan
May 05, 2009 10:56PM
I'm thinking the Administration really does not care what happens with Chrysler beyond this initial effort (beyond most people's reasonable desire to see things work rather than fail).
They basically get to kick the ball downfield, with the union then responsible for success or failure and putting the ball (cars) into the net (buyers hands).
He (Obama) gets credit for not letting the industry collapse, and union gets credit when and if it eventually does collapse.
The legal stuff is all just positioning.
posted by Finnegan
Jun 08, 2009 3:26PM
The government's concept of spreading homeownership was noble, but the execution on the part of lenders was deplorable.
The big problem with Wells, as indicated in the article, was putting people who qualified for prime loans into subprime loans by manipulation of data.
But that goes along with the attitude that blacks as a group are one big stereotype, used for fun or financial gain.
(I was thinking about that when watching the hilarious "The Hangover" where all the black characters are incompetent, criminals, or hugely stereotypical. That sort of thing is popping up in a lot of movies of late).
But you cannot blame Wells for legitimate marketing methods, and targeting the church makes a lot of sense.
In some ways people are contradictory. They want more loans to blacks (at any cost usually), and yet, when that's done and ends in grief, then it is somehow racism all over again. Like most things, there is blame to around.
posted by Finnegan
Jun 08, 2009 8:51PM
@51
Too true. Don't want to give the impression that blacks are guiltless in perpetuating stereotypes as well.
@49
Yea, I agree with that to some degree, (the Obama guilt-free pass) though I think the trend started a bit earlier. I particularly liked how all the dark skinned people in "300" were pompous, effete, or non-fighters, and quite easily dispatched. Or how in the excellent last Batman flick, all the ethnics either got killed, were corrupt, were full of pompous talk, and again, easily dispatched.
@48
A government idea to spread ownership is good to the extent that owning homes makes for more stable neighborhoods and pride of place, and it's what most people ultimately aim for. Kind of a generic good, like having a job, or owning a car.
I am not suggesting it is good for everyone. I am also not suggesting that the government impose lending requirements that ignore business good judgement.
The government did NOT in fact do that, but business ran with the idea, abandoning good judgement for easy profits, securitization offering seeming security against shoddy lending.
Entry: Opening Bell: 06.11.09
posted by Finnegan
Jun 11, 2009 11:42AM
Does anyone know how the Republicans would solve some of these issues?
Entry: Barney Frank Will Walk Out That Door And Not Come Back, Is That What You Want?
posted by Finnegan
Jun 11, 2009 12:13PM
Barney looks a bit tattered, as does Haines.
However, the CNBC response that being able to buy or sell a share, or that boards of directors are responsible for oversight, does not in fact solve the problem, and is akin to doing nothing.
The question ought to be who, if anyone, should be doing something, and should that center around some sort of heavy compensation, penalty or liability for boards of directors who allow a company to go ATM.
Entry: Lloyd Blankfein And Jamie Dimon Save CIT Over Lovely Italian Meal (UPDATE)
posted by Finnegan
Jul 17, 2009 10:48PM
I agree with everyone!
Entry: SPECIAL OBVIOUS REPORT: Cocaine Contributing Factor In Death Of OxyClean® Guy
posted by Finnegan
Aug 10, 2009 1:31AM
Hey it's EP. What's she doing here.
Entry: What Should Maria Bartiromo's Dealbreaker Column Be About?
posted by Finnegan
Nov 14, 2009 3:54AM
Dealbreaker management is happy to welcome Maria to the staff, as she is not afraid to get her hands dirty and has a good grasp of the pulse of every inch of Wall Street. Her column will be called:
Market Mastications with Maria B.
"Taking what the market gives, and spitting back a snowball of market insight"
DB Publisher
Entry: Write-Offs: 11.13.09
posted by Finnegan
Nov 14, 2009 1:05PM
@5
Bess looks like Gianna Michaels, is deeply Orthodox and spends time at her synagogue when not helping displaced Wall Street moms, earns $75K a year plus bonus for spikes in readership, and also has another degree from MIT that she does not like to talk about.
Given these undeniable facts, she takes precautions to keep everyone focused on the writing, lest lust and desire lead us all to perdition.
Entry: Presented Without Comment: Goldman Tops The Charts
posted by Finnegan
Apr 14, 2009 7:51PM
stable and recurring client business is being given a fish.
prop trading business is having a fishing rod.