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    Fed OMO schedule vs Treasury Auctions

    http://www.zerohedge.com/article/open-market-operations-and-statistics
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    Like Lehman Bros, they let California fail

    California isn't a competitor to GS. :)
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    Taking 320K to 3.5million by Year End 2009

    Good work, neke. You do need to rectify the Net Balance, though. :)
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    Spitzer on Goldman Sachs, etc

    http://www.youtube.com/watch?v=dBbwfOdjLko It's a pity Spitzer succumbed to temptation and derailed his own career...
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    Multiple Monitors vs. Single Large

    Solution: Use widescreen monitors in portrait mode. :)
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    IB TWS 893.5 - "Basic Display Mode"

    Configuration > Display > Settings "To potentially improve the speed with which panels and lists display in TWS, check to disable animated effects on opening/closing panels, displaying lists etc." Worth checking!
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    Great Depression Cooking Ep:1 - Pasta with Peas

    http://www.youtube.com/watch?v=DuMkW35BwK8 91 year old cook and great grandmother, Clara, recounts her childhood during the Great Depression as she prepares meals from the era. Learn how to make simple yet delicious dishes while listening to stories from the Depression.
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    'Very, Very Cheap'

    http://www.bloomberg.com/apps/news?pid=20601213&sid=aiuR.GNB5vbA&refer=home Biggs, co-founder of New York-based hedge fund Traxis and formerly chief global strategist for Morgan Stanley, said in February last year that U.S. stocks were “very, very cheap” and the market was “at or very...
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    Disgraceful...

    http://bloomberg.com/apps/news?pid=20601087&sid=aZNVp3qbKhJM&refer=home “In the past year, the U.S. has provided over $218 million in humanitarian assistance to Zimbabwe. We are the leading donor,’’ McGee said. “What is the Mugabe regime doing? It is buying hundreds of cars so that...
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    The two Paulson's

    http://bloomberg.com/apps/news?pid=20601039&sid=a5PEgwA8j68M&refer=home If you haven't figured it out by now, America has hired the wrong Paulson. There are two of them, Hank and John. Hank turned Goldman Sachs from an investment bank into a busload of tourists going to a casino, with...
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    Joseph J. Cassano

    “It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of those transactions.” — Joseph J. Cassano, a former A.I.G. executive, August 2007 http://www.nytimes.com/2008/09/28/business/28melt.html...
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    A simple yet practicable solution?

    http://www.washingtonpost.com/wp-dyn/content/article/2008/09/24/AR2008092403033_pf.html With banks, runs occur only when depositors panic, because they fear the loan book is bad. Deposit insurance takes care of that. So why not eliminate the pointless $100,000 cap on federal deposit insurance...
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    Hold-to-Maturity is the new Mark-to-Myth

    http://www.reuters.com/article/reutersComService4/idUSTRE48O3QS20080925?sp=true Paulson and Bernanke's 'Hold-to-Maturity' plan is really just the new 'Mark-to-Myth', and even its heroic proportions are not likely to paper over solvency problems in the banking system.
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    Hundreds of Economists Urge Congress Not to Rush on Rescue Plan

    http://bloomberg.com/apps/news?pid=20601087&sid=aNKGD.bJwmRA&refer=home "It doesn't seem to me that a lot decisions that we're going to have to live with for a long time have to be made by Friday," said Robert Lucas, a University of Chicago economist and 1995 Nobel Prize winner who signed the...
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    Dodd's alternative proposal

    http://bloomberg.com/apps/news?pid=20601087&sid=aHeROL9EmlRg&refer=home Senate Banking Committee Chairman Chris Dodd offered an alternative today to the Bush administration's financial rescue plan aimed at giving the U.S. Treasury an equity stake when it helps companies burdened by debt...
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    A better way than the Treasury's proposal?

    http://hussmanfunds.com/wmc/wmc080922.htm In summary, the Treasury proposal to address current financial difficulties places corporate bondholders ahead of the public, rewards irresponsible risk-taking, and sets a precedent for future bailouts. [...] Congress can benefit the American...
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    The pilfering of American taxpayers?

    http://www.nytimes.com/2008/09/22/opinion/22krugman.html Paul Krugman: "... the financial system needs more capital. And if the government is going to provide capital to financial firms, it should get what people who provide capital are entitled to — a share in ownership, so that all the...
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    The pilfering of American taxpayers?

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a1hr1v2FUeAg&refer=home "Paulson would have authority to buy home loans, mortgage-backed securities, commercial mortgage-related assets and, after consultation with the Federal Reserve chairman, ``other assets, as deemed necessary to...
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    The pilfering of American taxpayers?

    http://www.nytimes.com/2008/09/20/business/20nocera.html "That crisis, however, was very different from this one. Most of the assets in the S.& L. crisis were real estate — which are always going to have value. And the government didn’t have to acquire them; it simply took them over and...
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