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    The Beginning Of The End Of Money Market Accounts

    I got in many arguments during my stay in that 'business'. It would be, " hey, you can't do that to the people'. And then I'd here, "fuck them. They should know better." And my comment was always, "we sure spend a lot of money telling people to 'trust us, we know what we're doing'. It's so...
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    Uptick rule

    Art Cashin 9:18. "people are looking at this as a window dressing. If it doesn't hold up it's "window breaking". Hedge funds are net short to the highest degree ever, and with no uptick rule, they have an interest in..............." What more do you need to know? end of argument.
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    Buy Calm

    On jan 5, 2005, the first day of SHO, the WSJ reported CALM as having the largest percentage of shorts, and that would'nt be counting the NSS position, which is unknown. All they wanted to do, was float a secondary at 25 bucks. when it was 12 before the offering, they realized how much...
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    Holy UBS Batman!!

    It's only the beginning, the cuts are supposed to keep coming, and the other firms will have to follow suit. That is the current thinking. Use your head. Conrad and Muffy lose 30% in their money market accounts. Panic with upper crust retail investor. Of course the lawyers will pull out...
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    Patrick Byrne on Cramer................

    Elgindy's defense similarly argued that the trader released the government information on his subscription Web site because he was crusading against corporate malfeasance. (Sounds hauntingly familiar, doesn't it?) http://www.freerepublic.com/focus/f-news/1327442/posts...
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    Patrick Byrne on Cramer................

    You are just plain ignorant. Amir, "anthony" "Tony" Elgindy is the son of Egyptian Nat'l s who fronted "charities" to raise money for terrorist organizations. On Sept 10, 2001, he told friends the Dow would drop 3000 pts while he had liquidated his only 'long' accounts, and wired the money...
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    The Beginning Of The End Of Money Market Accounts

    But, but, it says so in the prospectus!!!!!!:confused:
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    Patrick Byrne on Cramer................

    I base my opinion on bringing him information, talking to regulators he went to before they cut us off as they started their investigations, hearing what his stand was, and his now 2 1/2 year track record of doing the right thing. His stand was and is, I bring everybody along. We leave no one...
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    Holy UBS Batman!!

    God!! What a great idea to replace the long lost manufacturing base!!! Let's export fraud. We're good at it. Can you see some Nigerian going,...."Luuk at dis!!!! Dis guy in America says he has 44million dollars for me. All I have to do is give heem my bank account numbers."...
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    Patrick Byrne on Cramer................

    Excuse me? Do you get a paper? Did you see the SEC's power is usurped? How do you think that happened? Did you happen to see Cox pass anti fraud provisions vis a vis naked shorting? How do you think this all happens? Do you not think Patrick has been there over and over with his team? And...
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    Patrick Byrne on Cramer................

    I wouldn't be so bold. As a matter of fact, we, me and several others NEVER talk about Overstock. It is taboo. It's not what this is about. It's hard to explain, but it's like when they attac.......ah. When he did the Aug 12 05 Miscreant's Ball. He said, and I paraphrase......"I feel as if...
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    Patrick Byrne on Cramer................

    Great. Tell me why? Give me some facts. Then, we'll all judge you. You just show up, selling wolf tickets? Spill. Let's have your extensive research. The 'ole ET, "yeah, well go fuck yourself." Nice argument. Two brilliant, fact filled entries. Let's see if I can paraphrase the...
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    Holy UBS Batman!!

    As I understand it, in a blast of compassion, they decided to share the wonderment of Auction Rate Securities with the public. So, the Wealth Management Group of this fine FOREIGN firm decided to build money market (s) around this stellar product. Of course, given no one has any money, they no...
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    Patrick Byrne on Cramer................

    Oh, gee. I'll tell him. And your credentials are............???
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    Patrick Byrne on Cramer................

    I hate to tell you this, but it's all true..... DTCC is reporting $13.2 billion in fails at the end of 2007. Stock Borrow was up only about 50%, so that failures to receive (directly equivalent to phantom shares in investor accounts) rose by 117.9%. But what the hell. We're all...
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    Patrick Byrne on Cramer................

    I've seen a couple of stories recently about guys 'killing poisonous snakes' where they think the reptile is dead, and they end up dying. If you're going to kill a man, you'd better make goddamned sure you finish the job. Payback is a bitch...... The Deepcapture link this thread is based...
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    Isn't Naked Shorting illegal?

    I could say, "where were you guys????" But that would be counter productive. Welcome aboard. You see what the arrogance and greed has brought us? And it is no where near over. Look at this: "We need a single regulatory body like the UK's Financial Services Authority," Pitt said in an...
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    Isn't Naked Shorting illegal?

    Precisely why the Fed is moving in. Short and distort is actually naked short and distort. Even if they are right, as they often are, it is illegal. Also, if there is a company you want to short, not only will you not get a locate, the puts will be juiced out of sight, and make it neigh...
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    End Of The Free Markets Is Now!

    This is a culminationof ultimate greed and intrigue that could only end this way. I heard this Thursday, and the fact that it happened this quickly means it is still horrible, and they expect more failures very soon. Levitt??????? Paulson?????????? These are people who enriched themselves...
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    LOL. The SEC Wants to Stop Y'all From Spreading Nasty Rumors About Lehman

    many times they are true. The Miscreants are very good at what they do. But, as in PB's blog, it's illegal what they do with possession of inside information. If I think you're a perv, maybe I'm right, but would you be a little miffed if I stapled posters up and down your street?
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