Recent content by SomeYoungGuy

"The bank is going to take the {xxx} !" "Oh my God that's terrible! How come?" "I can't pay for it." "... ?"

Sun Rises In East, Sets in West Predict Compass Experts End of October Signals Beginning of November for the Calendar Savvy Election to Change Little Claim Weary Voters All these shocking revelations and more, right here on.. EliteTrader! Stay tuned!

If we keep a positive tone and we are right, then people will remember that we kept the faith. If we keep a positive tone, and the whole thing goes to shit, everybody will be too busy trying to feed themselves to remember. If we are negative and we pull through, we will be remembered as a...

UBS took a ton of money to bail it's ass out of the subprime mess it made for itself. Who do you think organized that? The rich and powerful. Then they let their vetting and security get sloppy and the whole US tax dodge mess came to light. Who do you think got screwed and had to pay a...

And equal and opposite amount of trades were profitable. "To make money is to assume risk."

Prepare for "foreign gold liquidated at current market price, if proceeds immediately invested in US Bonds"..

How does being in a dark pool benefit anyone? Let's say I want to sell my car. I could post it on craigslist with a price. Or I could put a sign on it and park it in my garage and wait for someone to knock on my door and make me an offer. Which would net me a better price for what I want to...

http://www.businessweek.com/news/2012-10-25/billionaire-hedge-fund-s-naval-prize-nabs-1-percent-of-payday I know from being in the mortgage business that the two major factors in deciding to lend someone money are ability to pay and willingness to pay. Argentina just doesn't seem willing to...

From the article, it says he will have to "pay back about $7 billion in damages". I don't know the ins and outs of the French legal system, but the article reads like it's not a fine as such (payed from the guilty to the gov't), but a civil judgement (payed by the guilty to the wronged...

One of three things must be true; re. passing insider info. He did it all the time and was really good at hiding it, but fell apart just this once. (Perhaps that how he got to his high position?) He had never done it before. (Everyone makes mistakes. The law of averages says that some will...

Who works for minimum wage?

Sounds interesting, but I'm not quite sure how you expect to find volunteer labor. Is this for trading in a charity account, or do you plan to earn money? If you actually work in the industry, you must be aware of the level of expertise you require. I have never known someone who really...

I just made myself chuckle with despair. The national committees for both the Reps and Dems must have a budget item for "Contributions Returned Due to Malfeasance of Benefactor".

bwolinsky is usually an ass, but here he is dead-on right.