politics

This is the moment we’ve been waiting for. The Big Guy is running for office. No, just fucking with you (for now…). The SAC Capital founder just had some buddies over the other nights- among them, Caxton Associates’ Bruce Kovner, Elliot’s Paul Singer, Daniel Senor of Rosemont Capital and “various GOP operatives”- to discuss “how best to deploy contributions” so Republicans can win the midterm elections. Continue reading »

So Obama and Wall Street, who once had a love that not only did not dare not speak its name but rather shouted it from the roof of the NYSE and decided one night to get each others’ initials tattooed to their asses, apparently now “hate” each other. Supposedly the President doesn’t think Wall Street gets what it’s done wrong, and Wall Street feels unjustly maligned by the one guy they thought they could trust. So, you know, they want nothing to do with each other! Don’t call me, don’t text me, don’t think about me and don’t you even dare respond to this email because I’m not interested in hearing what you have to say we’re to infer one side probably said to the other at some point in these last few months. And now, there’s this: Continue reading »

“The SEC is an independent law enforcement agency. We do not coordinate our enforcement actions with the White House, Congress or political committees. We do not time our cases around political events or the legislative calendar.

“The fact is that regulatory reform has been pending for over a year. We have brought many cases related to the financial crisis over that period.

“On a personal level, I am disappointed by the rhetoric. Continue reading »

Over the next few months, the media will be talking about presidential polls taken nationwide. Most of the polls you hear about are done nationwide and assume we Americans for our president the way the French vote for theirs (and may the Lord bless and keep Nicholas Sarkozy): that is, by popular vote.
Some of the smarter ones amongst you are toying around InTrade.com to predict the upcoming election. Well, that’s nice and all, but how ’bout those of us for whom statistics matter? We’re looking at FiveThirtyEight.com which breaks out poll numbers state-by-state and evaluates the pollsters themselves based on their prediction accuracy.

Continue reading »

ABC news is reporting that Hillary Clinton took a swipe at her daughter’s profession yesterday during a campaign stop in Ohio, suggesting wealthy investment bankers and hedge fund managers on Wall Street aren’t doing real ‘work.’
Now being the First Lady for eight years and a Senator from a state in which you’ve never lived, that’s real work.

Real ‘Work’? Clinton Swipes at Chelsea’s Profession
[ABC News]