Quantitative Easing

  • 10 Jun 2011 at 12:52 PM

Larry Fink: We Don’t Need No Stinking QE3

By Bess Levin

“I don’t see any reason to think we need a QE3. We’re in a soft patch today. We still have positive growth. I think expectations earlier this year were way too high, 3 percent or higher gross domestic product, I think we’re going to be in the span of 2-ish percent, 2 and a half percent for the entire year and the issues around QE2, it’s been telegraphed for months and months and we’ve seen interest rates down 60 basis points and the whole reason is investors are de-risking…they’re frightened of the world and all these issues we have in front of us.” Continue reading »

  • 02 May 2011 at 7:37 AM

Greenlight Capital: Not Unlike The Way Charlie Sheen Must Feel 99.9% Of The Time, The Last Quarter Left Us A Bit ‘Confuzzled’

By Bess Levin


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  • 17 Nov 2010 at 10:45 AM

Charlie Gasparino: Lay Off Ben Bernanke, Lay On Obama

By Bess Levin

Charles Gasparino is just going to cut right to the chase– he’s seen that YouTube clip. You know the one, with the bears talkin’ economics and calling the chairman of the Federal Reserve “The Ben Bernank”? Someone sent it to him the other day and not just some pissant from a bucket shop on Long Island but a real live BSD.

I should point out that I was told to download the YouTube video not by some dopey trader during a slow day in the markets, but by a CEO in New York City who runs one of the biggest financial firms in the world. Bernanke’s senior staff has seen it too, I’m told, though a spokesman wouldn’t say whether the chairman has. “This video is going fucking viral,” the CEO told me with a laugh.

You know who’s not laughing? Charles Gasparino. After he got the clip to work (there were a few false starts and he didn’t have the volume turned on) he became filled with rage at these furry little shits. Continue reading »

  • 16 Nov 2010 at 4:21 PM

Did Obama “Shoot His Wad, As It Were” With The Stimulus?

By Bess Levin

Michael Steinhardt says yes. Continue reading »

  • 15 Nov 2010 at 1:53 PM

Matt Taibbi Indentifies Latest Big Insider Trading Scam

By Bess Levin

Ben Bernanke is advised to watch out for any flying cups of coffee or suspicious-looking pies. Continue reading »

  • 12 Nov 2010 at 3:10 PM

Quantitative Easing Explained By Furry Animals

By Bess Levin

Very judge-y furry animals. Continue reading »