StupidEquityGuy's Profile

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Entry: I Reject Your Reality And Substitute My Own

posted by StupidEquityGuy

May 02, 2008 2:35PM

The FED is now accepting used car loans as collateral to swap for Treasury's... USED FREAKING Cars...

I guess we are all subprime now...


NEW YORK (MarketWatch) -- The Federal Reserve, along with other central banks, said Friday that it was increasing the funding it is providing to banks and announced that, for the first time, it was willing to accept bonds backed by auto loans and credit cards.

http://www.marketwatch.com/news/story/fed-expands-auction-accepts-wider/story.aspx?guid=%7BBD25FFE1%2DEF18%2D45C1%2DB984%2D3CD33807727B%7D

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Entry: Open Letter To Ron Paul Supporters

posted by StupidEquityGuy

May 02, 2008 3:30PM

EP,

What do you think about the FED accepting used car loans for collateral now...

I was at first shocked, but then I realized it made more sense... There is more scrap value in a car then your average house. So realistically, the FED is actually accepting a higher grade asset then it was with the mortgages it was accepting...

~SEG

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Entry: Collateral Schmerateral

posted by StupidEquityGuy

May 02, 2008 4:29PM

EP,

Thanks for the laughs lately... Hope you enjoy the challenges of the future... Good luck and godspeed...

Best

~SEG

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Entry: Write-Offs: 05.02.08

posted by StupidEquityGuy

May 03, 2008 2:28AM

At 180 mph, it gives a whole new meaning to fear...

http://www.ananova.com/images/web/1317286.jpg

Grip it, or Rip It...

~SEG

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Entry: Write-Offs: 05.02.08

posted by StupidEquityGuy

May 03, 2008 2:33AM

Tim,

The above photo is for yourself... its the best example of your advice I could find...

It is why your going to be you... and the market is going to be the market... And they two will not interface very much going forward...

If you don't realize what is missing... you ... Sir... Never Will...

~SEG

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Entry: Citi’s Italian Black Hole

posted by StupidEquityGuy

May 05, 2008 11:08AM

Carney,

What are you doing visiting Italian Dark Holes? I am sure Mr Pink would have a comment about now...

Welcome back Sir...

~SEG

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Entry: Terminated Bear Employees Won't Need Bloomberg's Charity?

posted by StupidEquityGuy

May 05, 2008 7:30PM

Wow, the whole gang is here on this thread... we have 1-2, Girl, Golden Girl and even Sir Anal ready to kick some loafers off and get physical with an ass clown...

Its been months since we had the whole gang kicken ass on one thread...

~SEG

Who had a very nice day in the market today...after having the market treat him like an ass-clown for weeks...

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Entry: Opening Bell: 5.6.08

posted by StupidEquityGuy

May 06, 2008 11:55AM

Mr P,

being the stupid guy that I am... did you just say what I think you just said?

~SEG

They are letting go traders?

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Entry: Citi Absolutely Not Kidding Around Anymore

posted by StupidEquityGuy

May 07, 2008 2:10PM

Mr P,

Am on the wrong coast, but hoist one for me...

Maybe it is time to do some shots at the desk though...

~SEG

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Entry: Citi Absolutely Not Kidding Around Anymore

posted by StupidEquityGuy

May 07, 2008 4:57PM

Wow,

Interesting day... a couple of data points...

I don't drink on the job... I do joke about it... in 4 years of being a PM, I have had drinks during market hours about twice... both times after lunch NYC time. I have a trading desk in house and a GS one else where... if I need to have decisions made in the market... its rare that I actually push the buttons any more...

I would not think twice about joking with Mr P about hotboxing my Carrera but due to some features it has, it would take some serious kilo's worth of marley to work...

http://www.finest.ru/eng/images/porsche.jpg

Some of my clients do in fact know that I joke about drinking on the job... as I had to share todays thread for laughs...

Now I need to get back to writing the monthly letter explaining what happened last month. The good news is that today was a 300+ bps move compared to my indexes... I am green on the month and ended the last Q green.

Best,

~SEG

Who maybe an idiot, but I have been fired/laid off/ ect in an earlier life and I know its not any fun. I happen to like Mr P's sense of humor and I am bummed that "Wild Thing" might be too drunk to remember to post here as often as he did.

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Entry: Opening Bell: 5.9.08

posted by StupidEquityGuy

May 09, 2008 11:04AM

1-2,

Please don't type so hard... some of us can still hear the banging on the keyboard from the wrong coast...

~SEG

Coffee futures should be going up right now... I am a human consumption machine...

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Entry: Opening Bell: 5.9.08

posted by StupidEquityGuy

May 09, 2008 12:04PM

Here is a good laugh @ my side of the street...

http://ftalphaville.ft.com/blog/2008/05/09/12924/how-many-hedge-fund-managers-does-it-take/?source=rss

~SEG

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Entry: Opening Bell: 5.9.08

posted by StupidEquityGuy

May 09, 2008 12:31PM

1-2,

It was also stolen by FT from a post earlier this week... and your right that whole Mach thing had to be a joke...

Hey its Friday and I am already pondering what kind of trouble to get into this weekend...

If my brain was working, I would be pondering a hostile takeover for fun... Because some public companies just need to have their COB fired.

~SEG

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Entry: We Regret To Inform You

posted by StupidEquityGuy

May 09, 2008 12:48PM

@ 12.45,

Is that you Mr. P? Soaps already?

~SEG

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Entry: We Regret To Inform You

posted by StupidEquityGuy

May 09, 2008 1:00PM

Fridays slogan...

Water... its just not for fish...

Sobriety... What a weird reality, reality is...

~SEG

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Entry: Summer Interns-- Be Ours!

posted by StupidEquityGuy

May 12, 2008 11:22AM

Mr P,

If you saw how the wrong coast straight guys dress in the mornings... you would make it your mission to address this crisis in fashion disasters.

~SEG

The Fashion Disaster

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Entry: Just Wondering

posted by StupidEquityGuy

May 13, 2008 12:36PM

BB,

I think you and I were in the same 7... but this would make you a dino like myself...

Don't let the noise bother you... Even I know that JPM held part of Bears Book and Chinese walls last until a big quake happens...

~SEG

The brain tired one...

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Entry: Just Wondering

posted by StupidEquityGuy

May 13, 2008 2:00PM

BB,

A long time ago, in a Galaxy far away...

~SEG

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Entry: Just Wondering

posted by StupidEquityGuy

May 13, 2008 2:41PM

BB,

Actually I let 3 of the 4 of them go when I switched sides... 7 was one of them...

~SEG

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Entry: If You Can Find Where We Buried It

posted by StupidEquityGuy

May 14, 2008 7:48PM

-Mrp.,

Congrad's... You just made my day...

~SEG

Who is about to have a mini vacation with out the kids for the first time... Hummmmmmm