StupidEquityGuy's Profile
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Entry: Layoffs Watch '09: BAC
posted by StupidEquityGuy
Feb 18, 2009 9:08PM
@25, depending on shop, most likely until tomorrow (after reading your post) at noon when a couple of code monkeys disable the CD/DVD drives from booting up in Bios on CD and only allow NIC based bootups based on server sent command. Does your system have biometric start up scans yet?
Also, most workstation circa the era I was still Corp Am... had dual boot systems... there was a lower level you could jump to at the first login level and low and behold corp login data worked there with out the high level security. It was designed for the repair monkeys to use to test the system before returning to the cube farms.
I quickly learned how to boot into that level of the computer to work from...
~SEG
Entry: Two Words
posted by StupidEquityGuy
Feb 19, 2009 11:31AM
Chicago pitboys say enough of moral hazard
Entry: Write-Offs: 02.19.08
posted by StupidEquityGuy
Feb 19, 2009 10:44PM
H. R. 1068 To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program.
Entry: US Wants A Piece o' Vikram?
BofA: 'We're Still All Good In The Hood'
posted by StupidEquityGuy
Feb 23, 2009 12:14AM
@35, I just laughed out loud... been awhile since I have seen that joke... That one was a classic...
Having said that... I have said worse... way worse.
~SEG
Life is imitating art at the moment, in a Mel Brooks format. I just keep waiting for the Presidential camera moment where we hear a classic line like...
"... Where are the white woman..."
Entry: MWA: It's Official
posted by StupidEquityGuy
Feb 23, 2009 12:18AM
Sir Anal,
Classic...
Peace,
~SEG
Entry: Unfounded Rumor Of The Morning: HSBC
posted by StupidEquityGuy
Feb 23, 2009 10:40AM
Perry Capital LLC, the U.S.-based hedge-fund firm that helped finance Malcolm Glazer's purchase of the Manchester United soccer club, has offered to halve the performance fee on its $8.3 billion flagship portfolio, as some of the world's largest managers try to sweeten investors following their worst losses.
Entry: Unfounded Rumor Of The Morning: HSBC
posted by StupidEquityGuy
Feb 23, 2009 10:53AM
Sorry for bothering you... my bad.
~SEG
Entry: Write-Offs: 02.24.09
posted by StupidEquityGuy
Feb 25, 2009 1:59AM
Total Gov DEBT on Inauguration Day, 20 JAN 2001: 5,706,174,969,873.86
Total Gov DEBT on Inauguration Day 20 JAN 2009: 10,626,877,048,913.08
Entry: Currency Singularity
posted by StupidEquityGuy
Feb 26, 2009 12:06PM
I agree with Phobos, if it fails, sell the parts and move on... break them up and sell the factories... There is no room to subsidize failure in the US.
Survival of the fittest includes failure of the weakest. That includes TBTF banks.
~SEG
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 03, 2009 6:04PM
Dude... pass the bong... http://media.nowpublic.net/images//13/c/13c851e09ac1271c9cd963fc77a30d80.jpg
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 03, 2009 10:36PM
@8, I am still around. I have been coasting after a double digit up year in 08, I got my ass handed to me in January. I spent Feb undigging and am now nearing break even for 2009.
I am short Euro's, Yens, Pounds and Peso's. I am short US Treasury's while long junk bonds. That trade is a wash. I booked a bunch of gold @ 990 but started to nibble back today around 915ish.
I had a basket of biotech turn into biocrap and found myself stopped out lately. BO is BO for bio...
I am going long guns, ammo, butter, and bread. lol
~SEG
Mrs Trophy is becoming a regular gardener these days. I built her a greenhouse this winter and we have some crazy strawberrys growing in the back 40 now... lol...
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 03, 2009 10:58PM
@22, I like your handle. I have been telling people when they call, "I am still standing"...
During my absence from DB, I was working on my ground game. The local course recorded it and I have uploaded it to YouTube.
SEG at Augusta...
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 03, 2009 11:18PM
@27, you will probably love this one... I am starting a hippy commune as a hobby with some old friends. No joke. Its not your normal hippy commune though... we have wine makers, beer brewers, and a staffed medical clinic.
It is slightly different version then one from the 70's. I have found a couple of acres near the ocean, with year around streams, weather that is 40 on the low and 80 on the high and little humidity compared to east coast US.
Am putting in a bunch of cabins with some friends from the old prep school/college days. Everyone (Dr's, Dentists, Engineers, ecta) are professionals who want a cabin on their own private camp ground, where everyone else is either like educated or like driven.
Its near a golf course, so we can make the camp into a rental for golfers or ocean/river fishermen when its not in use. However its also available to back into if this economic storm gets worse and some citys start to burn like the old LA riot days. The parallels with Argentina in 2001 is getting scary.
Be safe out there, just not in the market...
~SEG
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 03, 2009 11:35PM
@ Schmooze, I thought you said something about "Her boobs were energetic when I dated her..." but then I think I was drunk when you said it...
@ 30, One hopes the women of camp are inclined to feel that way... at least topless, I hope the guys keep their shorts on though... all things considered...
~SEG
Entry: Write-Offs: 03.03.09
posted by StupidEquityGuy
Mar 04, 2009 1:12AM
@ Sir Anal, I was serious about the job in the quality control side of the hard cider business if I build it. If we plant as many apple and pears as I think we might... we will have a need to test allot of "hard cider". lol
Its a non tropical location and has a low density of population, but it has an air port and deep sea ocean fishing or river fishing locally. Think world famous wild salmon fishing, giant squid, and world class green bud...
We have a retired airline pilot with 8000 hours or so, and helo pilot with about 1,000 hours of actual combat time in Iraq and Afghan, skipping the rest of his career time.
I figured it was time to setup some non market based businesses. None of these individually are about survival ism but if you add up the combination of them, there is a pattern of preparing for a worse case and being able to adapt to it if its gets worse then one expects it will.
Who knew in 1914 that all of the worlds stock markets would close for up to 5 months. Those kind of events have happened before, and only an idiot does not prepare for it to happen again in a world like today. Below is a quote from the Hoover Institute.
"...Perhaps the most remarkable feature of the crisis of 1914 was the closure of the world’s major stock markets for up to five months. The Vienna market was the first to close, on July 27. By July 30 all the continental European exchanges had shut their doors. The next day, London and New York felt compelled to follow suit. Although a belated settlement day went smoothly on November 18, the London Stock Exchange did not reopen until January 4. Nothing like this had happened since its foundation in 1773.
The New York market reopened for limited trading (bonds for cash only) on November 28, but unrestricted trading did not resume until April 1, 1915. Nor were stock markets the only ones to close in the crisis. Most U.S. commodity markets had to suspend trading, as did most European foreign-exchange markets. The London Royal Exchange, for example, remained closed until September 17. It seems likely that, had the markets not closed, the collapse in prices would have been as extreme as it would be in 1929, if not worse..."
Entry: Today's Episode Of: Doomed!
posted by StupidEquityGuy
Mar 04, 2009 12:29PM
BHO needs to recall this Isoroku Yamamoto quote.
"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."
And that giant is the working taxpayer.
Entry: Chuck Grassley Dead Serious About Wanting AIG Execs Dead
posted by StupidEquityGuy
Mar 17, 2009 1:05AM
@32, I second your motion...
~SEG
Kill the Zombies
Entry: Dealbreaker Afterdark: Yep, We're A Real Bank!
posted by StupidEquityGuy
Mar 17, 2009 1:48AM
@12, even worse... this is real.
http://www.nytimes.com/2009/03/17/business/17wall.html?partner=rss&emc=rss
Bailout for Bankers...
Entry: Weekend Dealbreaker: Now Just Simmer Down. I'm Sure It's Nothing Like It Sounds.
posted by StupidEquityGuy
Mar 21, 2009 9:24PM
Pray that they don't just keep "Changing" the rules again and again...
So now we have public company CEO caps coming in some form... Does this mean that private CEOs have to worry about being next?
Is there going to be a cap and trade of all executive pay?
~SEG
Anyone else noticing the increase in crazy ideas being leaked and trail ballooned for April 2nd?
Entry: Write-Offs: 02.17.09
posted by StupidEquityGuy
Feb 18, 2009 12:53AM
Sir Anal,
Sounds like a plan, I am pondering an hard cider brewery on the coast. You could make the perfect drunk for my management team. I mean quality control officer.
~SEG