conspiracy theories

  • News

    Maybe Bank Stocks Are Down YTD Because That’s How Bankers Want It?

    We’ve talked before about the theory that paying investment bankers in stock gives them an incentive to maximize the volatility of their businesses, which is a thing that some people don’t want so much. This starts from the notion that in a 10 or 20 or 30:1 levered bank or broker-dealer or futures merchant, the […]

    / Dec 5, 2011 at 5:40 PM
  • News

    Connecticut Powerball “Winners” Go The Extra Mile

    Yesterday afternoon, three Greenwich men came forward with a winning Powerball ticket worth $254 million. Lottery officials had been searching for nearly a month to find them, posting billboards all over Connecticut “urging” the ticket holder to reveal him or herself and claim the prize. But when Gregg Skidmore, Tim Davidson, and Brandon Lacoff finally […]

    / Nov 29, 2011 at 12:30 PM
  • News

    Carlyle Group IPO Is An Eeeeevil Conspiracy But There Are Some Nice Things About It Too

    If you love a good conspiracy theory but find Ron Paul’s and Rick Perry’s calls to kill Ben Bernanke for counterfeiting a little played out, do we have some good news for you. The Carlyle Group, a mild mannered private equity firm by day that at night transforms into an evil conspiracy among George Bush, […]

    / Aug 17, 2011 at 1:22 PM
  • News

    Big Banks Want Rates To Go Up, Or Go Down, Or What The Hell Maybe Stay The Same

    Got that? 1. Brian Moynihan told Bruce Berkowitz this afternoon, “I’m comfortable we can get to 1% return on assets based on a 1.25%-1.5% Fed funds rate and a normal business cycle.” Moving to 1.5%-area short term rates would apparently add about $3 billion to BofA’s net revenue. 2. Jamie Dimon chatted with Melissa Francis […]

    / Aug 10, 2011 at 4:35 PM
  • News

    Jon Stewart Weighs In On Glenn Beck’s George Soros Exposé

    Early last week, Glenn Beck devoted an episode of his show to revealing some “scary” “secrets” about George Soros that included revelations such as, the name Soros? Not the one Jorge was born with, which was “George Schwartz.” And the bombs didn’t stop there. Beck also informed his audience that Soros started the Quantum fund […]

    / Nov 19, 2010 at 11:57 AM

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