Showing results:
Displaying 1 - 11 of 11
Kevin Roose Wall Street Article
Doesn't this guy post on this website? [quote]Recently, our nation’s financial chieftains have been feeling a little unloved. Venture capitalists are comparing the persecution of the rich to the plight of Jews at Kristallnacht, Wall Street titans are saying that they’re sick of being beaten up,...
Magic Power Bracelets and Assorted Scams
Being that I'm having a Madoff flashback this past week... Being that the NASDAQ hack has roughly 1/5th of all U.S. stock trade info on some geek's jump drive... Being that Wall Street operates out of D.C. and that the whole world is pretty intent on passing its own failures off on someone else... I...
Do you trust unemployment numbers?
It's no secret that I don't pray to the statistical gods. There is just way too much that gets lost in translation and transition between eternally tardy numerical data and real time. That having been said, a a statistic I pay close attention to gives us signs for optimism today...or does it?...
Dealbook Plugs Eddie
Today, I shun my own attention whore ambition and throw the full support of my 44 inch magnum beer gut behind the The Braverman campaign. Many a Beck's Dark! Eddie for Bank Czar! Populism...commence!
I would rather be dead or in jail
Sometimes I go over them in my mind: the great American quotes... Give me liberty or give me death-Patrick Henry Four score and seven years ago...-Abraham Lincoln Today (echo)...I consider myself...the luckiest man...on the face of the Earth-Lou Gehrig Then there is the old time sarcastic classic,...
Bank and the Beanstalk
There there little bank, It is you that we should thank/ It is you whom still we bleed, It is your work which feeds our need. I often miss the times I never got to see. The Victorian times for instance, with their verbose conversations and clownish gestures of courtesy and class, intertwined with...
The American Taxpayer: Wall Street’s #1 fee payer
For decades Main Street has been no fan of Wall Street, but in the last few years the general public has probably made banker bashing a national pastime. They have vilified financiers as greedy and immoral, they have blamed them for the recent turmoil, and all in all have been just total dicks about...
What is a recession?
What is a recession? I no longer know...not quite sure I ever did. The gap between reality and perception has widened expansively as of late. According to our friends over at NBER the "Great Recession" ended in June 2009. Like many of you, I can regurgitate a few different textbook definitions with...
Double Dip the Crib
Do not double dip, young man! Mother always said... "If you double dip, you may end up dead!". 5 years ago, what sort of chance would you have given this nursery rhyme of becoming a reality ? In a perverse comedic orgy the likes of which I do not recall...there still seem to be people who need to...
Geographic Arbitrage
Once upon a telephone wire, geographic arbitrage was indeed possible. Without getting into detailed story tales, one only need to look at the opportunity afforded by the multiple ticker symbols of Unilever and Royal Dutch Shell. I recall safely chomping off a basis point here and a basis point there...
Please DO NOT Hire Me
The boards have got me thinking the last few days. Lots of anger about seemingly trivial issues. Some harsh words from opposite sides of the ideological isle. A deeper scratch beneath the surface, reveals an uncertainty that most of us are not familiar with. The Titanic is drifting along, we don't...
or Want to Sign up with your social account?