Seaman Bodine's Profile
Comments
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:06PM
You're the one with your panties all wet cause Michael Lewis said something stupid.
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:29PM
"try buying life insurance on your neighbor and see how far you get. fun to see the look on your face as he quite justifiably chases you down the street with a baseball bat."
ever heard of viatical settlements?
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:35PM
@39
dude - suck it...what the fuck is the underlying then? a tree falling in a forest?
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:38PM
@40
semantics
if I buy a viatical settlement (easy to do, yes?), I now own insurance on that junkie cancer HIV infected person, and basically want him to die pronto?
no?
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:54PM
@56
all i'm saying is Equity Private is a 'gina for reporting on michael lewis
and then i got educated on insurance
plus, i called out some douche who thinks derivatives are gambling
in closing, though, isn't all this jive ass bullshit, because the only meaningful debate here is on how much leverage someone can suck down?
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:56PM
that's cause i am black dynamite
http://defamer.com/5138020/why-black-dynamite-was-the-most-nsfw-fun-we-had-working-at-sundance
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 2:06PM
@62
i'm no barack obama, in this defining moment, but doesn't that just drive the price of the puts up? ... not nec. the underlying
i say that, because dispersion and other types of vol arb stuff seems to be money good, and probably comes from taking advantage of such distortions
and I can't believe in aggregate it amounts to much
Entry: Write-Offs: 01.23.09
posted by Seaman Bodine
Jan 24, 2009 9:25AM
Dick Fuld took down a little boutique, which is a Wall Street story. If you were a LEH shareholder, tough shit. You should have sold.
He did not take 50bn in taxpayer capital, under the pretense that his firm was "important". Nobody on Wall Street is actually important. It's like a toll booth operator claiming the highways will shutdown if his stoop is ripped up.
Even if he wanted to, and Skeletor wouldn't give it to him, one way or another he was a hell of a lot less a burden than Mack, Blankfein, and Thain turned out to be.
Entry: Write-Offs: 01.23.09
posted by Seaman Bodine
Jan 25, 2009 11:12AM
@14
I'm a moron? LEH's bankruptcy is the catalyst for C, BAC, WFC, and JPM being completely insolvent?
Dude, get some more bleach in the kitchen.
Entry: Fairfield Greenwich Group's Alternative Alternative Revenue Stream?
posted by Seaman Bodine
Jan 26, 2009 3:17PM
is the blond sienna miller?
Entry: Ponzi Trifecta: Activate!
posted by Seaman Bodine
Jan 26, 2009 5:28PM
@(...)
who the fuck are you people?
Entry: Layoffs Watch '09: MER
posted by Seaman Bodine
Jan 27, 2009 1:48PM
what a witch hunt...everyone with half a brain at MER, LEH and the rest of the sheisters-dealers knew about insolvency by the summer of 2007...i've got emails from folks at those firms, about that...big f'ing deal
the idea that BAC didn't know MER was bk elton john style is silly
Entry: Suspiciously Groundless Rumor Of The Day
posted by Seaman Bodine
Jan 27, 2009 2:34PM
BAC got a double dose?
Entry: People Moves
posted by Seaman Bodine
Jan 27, 2009 5:16PM
he's going to try to launch a fund, target 1bn at launch (he will team up with ex-UBS "strategist" Ed Kerschner), will settle for 400mm, with which he will put up -40% in his first year, betting on finance, real estate, and red wiggler jelly worms
at the end of year 1, he will shut down, and go work with ron insana on a rival business network, to be launched by ted turner...this will be a fair and balanced network
that network will fold in 2012, and he will go teach hindi at Harvard, until he is deported by President Palin
Entry: One More Time For The Cheap Seats
posted by Seaman Bodine
Jan 28, 2009 10:32AM
gloating about being first on a "strategist" leaving a broker dealer...fucking weak
Entry: One More Time For The Cheap Seats
posted by Seaman Bodine
Jan 28, 2009 10:36AM
it's killing me
Entry: Hunting The CDS Demons
posted by Seaman Bodine
Jan 23, 2009 1:02PM
"We tend to be highly skeptical of any efforts to reduce pricing information. "
Who the fuck cares? You write a blog...and what's this quasi-academic lingo re pricing information...shut the fuck up.
And any blog retorting on a Michael Lewis blog is so gay on principle as to be truly worthy of a glory hole jizz wart.