a dead horse's Profile
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Entry: SEC Considering Further Crackdowns At Behest Of GoldGan SachsLey
posted by a dead horse
Sep 17, 2008 5:40PM
These "shorters" are playing a very dangerous game
You don't screw with the Jews, and you definitely don't screw with their most prized possession - their money.
You know what happened to the last guy that tried to pull something like this? We got him nailed to some wood. What makes you think we'd do any less to anyone else?
Entry: Barclehs Not Wasting Any Time
posted by a dead horse
Sep 23, 2008 10:57AM
Wonder if the Charles Tyrwhitt store is going to become an Old Navy...
Entry: Dollar Dominatrix Tells Us How She Really Feels
posted by a dead horse
Sep 23, 2008 3:54PM
Every single analyst has some spreadsheets that tells them what their rating should be. The fact that she uses math to do this is about as novel as a bird using a statue as a bathroom.
She made a prediction, it worked out. I'd be more impressed if she had said from the beginning that the banks have toxic mortgage-related assets which will need to be written down, not just "SHITTYBANK AND WACKYBANK ARE BAD!"
Entry: Dollar Dominatrix Tells Us How She Really Feels
posted by a dead horse
Sep 23, 2008 3:58PM
Every single analyst has some spreadsheets that tells them what their rating should be. The fact that she uses math to do this is about as novel as a bird using a statue as a bathroom.
She made a prediction, it worked out. I'd be more impressed if she had said from the beginning that the banks have toxic mortgage-related assets which will need to be written down, not just "SHITTYBANK AND WACKYBANK ARE BAD!"
Entry: Dealbreaker Swag
posted by a dead horse
Sep 24, 2008 2:36PM
I hope you give out the condoms before services are rendered, otherwise it kinda defeats the purpose
Entry: Follow The Money
posted by a dead horse
Sep 25, 2008 3:26PM
What is going on with FNM? Stock is all over the place...
Entry: Let's Do The Time Warp Again!
posted by a dead horse
Sep 26, 2008 11:13AM
http://gawker.com/5054879/5-reasons-this-depression-really-is-going-to-be-fun
"If you are a capitalist, Warren Buffet was your hero when you were, like, eight. By the time you started your first private equity internship or whatever you were more like "Ah, Buffet, sentimental old sucker, making his money the hard way like that." Why? Because Warren Buffet made $62 billion over a six decade career investing in real companies over the Very Long Term, and that is just so unnecessary when you can make like at least a billion dollars in like a year just by taking a 20% fee on some money you got from rich folks plus a whole lot more money you got to borrow from banks at superlow rates, and throwing all that into some algorithm whereby the money makes a gazillion trades a day on some supercomplex financial instruments made up by bankers who got bored of collecting fees splitting up and re-packaging the weary pieces of the American economy and in any case, now you somehow make a half penny on the dollar every time some ratio goes below pi and none of it requires any entanglements with companies that actually produce stuff at all (thank god because that would be awkward.) Well, putting all that money through all that pointless action was not for Warren Buffet. Not because he worries about detachment from labor or any of that Marxist crap, but because it actually did just seem so pointless. (Buffet once said of gold: "It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.") Anyhow, so all this madness goes on for a few decades, generates a little "liquidity crisis" and suddenly Goldman Sachs has to become a real bank, which basically means the Smartest Richest Most Elite Motherfuckers on Wall Street are forced to sit acknowledge the existence of the Actual Economy. Put a wonkier way: Exchange Value, Meet Use Value! And Buffet sees that investors are worried about this, but he knows it's a good plan for the Long Term everyone laughed at him for caring about, so he plows $5 billion into it at supergood terms and suddenly everyone's like, "Damn, that Buffet, he really is pretty smart." And smart turns out not to be incompatible with good!"
WOW
Bess, go work for Gawker - between your wet dreams for O^3, the fact that you actually understand all those stocks and bonds and derivatives and other formulas that make you a penny every time the ratio goes below pie, and the fact that you're not retarded would make you the best writer there. Also, then I'd never have to read something like that.
Entry: Callan Reflects On Firing
posted by a dead horse
Sep 26, 2008 11:31AM
I bet he JO&Cs all the time
Entry: Just Keep Doing What You're Doing
posted by a dead horse
Oct 07, 2008 5:38PM
I'd like the e-mail
Entry: Gasparino: Wachovia Deal Could Be Worked Out Today
posted by a dead horse
Oct 08, 2008 12:55PM
The best part of all this is that all monetary payouts will be entirely decided by the courts and the number that Citi actually sues for is largely irrelevant. They could have sued for whatever they wanted - $11 trillion, $90 zillion, whatever. Instead, they pick $60 billion - the amount they've written down so far. Vikram is a sneaky beaver.
Entry: Morning Contest Results, Closing Contest Rules
posted by a dead horse
Oct 27, 2008 4:29PM
803.76
Entry: We Will Protect This House!
posted by a dead horse
Nov 17, 2008 2:36PM
@Risky Business
It's not just Ops there. There's so much more to 111 than just stupid Ops people. Show some respect for the rest of the tenants in the building.
There's the cafeteria.
Entry: SEC Considering Further Crackdowns At Behest Of GoldGan SachsLey
posted by a dead horse
Sep 17, 2008 5:05PM
These "shorters" are playing a very dangerous game
You don't screw with the Jews, and you definitely don't screw with their most prized possession - their money.
You know what happened to the last guy that tried to pull something like this? We got him nailed to some wood. What makes you think we'd do any less to anyone else?