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Goldman is still unavailable to comment...managers are still in White Castle Hamburger contest...Blanky is lading claiming he is doing "God's work"... http://dealbreaker.com/2010/04/tomorrow-pour-one-white-castle-hamburger-out-for-goldman-sachs/ <object width="480" height="385"><param...

Usual buy the dip scenario. IMF and EUR countries to print another 120 bn - and that's it. More money into the system means more money for speculators...:)

German opposition: Greece aid could be EUR120 bln

Goldman Sachs' problems are over after Tuesday's marathon Senate hearings and the stock is likely to rise, Rochdale Securities banking analyst Richard Bove told CNBC Wednesday. "I think the SEC suit will be thrown out of court, I think Goldman's reputation will improve," Bove said...

I think that would be a problem with J.P. Morgan's compliance department.

April 28 (Bloomberg) -- The largest equity-market decline since February is failing to spur selling by the biggest U.S. money managers, who say losses will prove temporary as gains in earnings make stocks too cheap to pass up. Greece and Portugal’s credit downgrades yesterday are no reason...

Attention : ES down 1.25 points, FDAX down 121.50 in relation to closing price yesterday. => uncorrelated...

Beginning in 2004, Barofsky worked on "Tango Chaser," an investigation into the Revolutionary Armed Forces of Colombia, or FARC, a rebel army that funds its operations partly through narcotics trafficking. The still-ongoing probe has resulted in the indictments of 50 traffickers. In 2005...

FRANKFURT (MarketWatch) -- Greece's market regulator banned on Wednesday all short-selling of stocks listed on the Athens Exchange for the next two months, after local equities suffered a string of sell-offs in recent weeks as fears over the nation's debt crisis escalated...

history repeats....

VIX jumped tremendously yesterday. I have two conerns : SPY put options with largest open interest are all in the money. Goldman hearing yesterday has not revealed anything "spectacular". So, basically sovereign debt is still the story today. Let's see what German lawmakers are "sinking"...

April 28 (Bloomberg) -- Holders of Greek bonds may lose as much as 200 billion euros ($265 billion) should the government default, according to Standard & Poor’s. The ratings firm cut Greece three steps yesterday to BB+, or below investment grade, and said bondholders may recover only 30...

Nevertheless, it's very "unfortuante" to describe these securities in emails as "sh.tty"... :D That's what this hearing was all about : to make GoldMAN look sh.tty. :cool:

A lot of questions are politically motivated and have nothing to do with the case de jour. The question remains whether it is ethical to bet against your own customers...

He actually answered one question noting that he "is not aware what Wall Street ETHICS actually are." LOL ! hahahahahah....too funny:D :D :D

Now, that's music in my ears....6129.00 FDAX. Puts are faring also very nicely...

S&P cuts Portugal's sovereign ratings to 'A-/A-2'

Ay, ay, ay...:cool:

Lakes suffer when the rivers and streams flowing into them run low for a prolonged period. Sometimes it can be seasonal factors; it can be climate change, or increased use of the water upstream, like the River Jordan feeding the Sea of Galilee in Israel. In extreme cases the water course can...

Mainland Chinese shares extend losses in the Tuesday morning session, with sharp retreats in commodity producers further pressuring markets already weighed by fears of policy tightening, especially in the property sector. At the midday break, the Shanghai Composite Index had dropped 2.1% to...