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    AIG paying bonus's to the vermin that brought it to its knees

    It's usually the case that when a business gets "wound-down" (or in this case, a section of a business) that you need to retain the guys who know what is going on there (or maybe those who know where all the skeletons are). The guys making the big bucks running the company have no idea of the...
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    Jon Stewart Just Crucified Cramer & CNBC

    Well, as Stewart says, his "snake-oil" is clearly labeled as such, whereas CNBC's anchors' are not. But they are both shilling in their own way. But Stewart's approach is self-admittedly populist. When Enron traders were laughing about taking money from "Grandma" in the California...
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    Jon Stewart Just Crucified Cramer & CNBC

    It's always about who is paying the bills. Whoever is paying them, owns them. Back to Means, Motive, and Opportunity to get the indictments Cramer was talking about... Another question is - why does it take JON STEWART to shine a light on the media...?
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    NinjaTrader - Stay Away From It!

    I would wait for v7 to give it a close look which is due in (end?) of 2nd Q this year. Some of these development/feature issues are undoubtedly being addressed based on user feedback from v6.5. Learning to do the code is not only learning C#, but NinjaTrader's syntax implementation to...
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    Volcker Proposes Separating Commercial and Investment Banks

    This makes me wonder how bad this would be if the loans given out like candy were not packaged as derivatives and then leveraged up the wazoo. What if these bad loans were made the old-fashioned way, with banks holding the loans to maturity? If all the subprime defaulted the same way, how bad...
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    NinjaTrader - Stay Away From It!

    The current version of NT is also not officially certified to run on 64bit, though some report they have it working in XP Pro and Vista (details are in their forum).
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    NinjaTrader - Stay Away From It!

    Agree 100%. It's fine if you use it within it's abilities at the moment (waiting to see what v7 looks like.) One thing that's tough getting started is learning C# to do much of anything. It's fine if you're already a programmer, but a bear if you're not. It wouldn't be so bad, except...
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    daily show / jon stewart and cnbc

    When they had Roubini and Taleb on at the same time soon after Davos, Michelle Caruso-Cabrera tried to imply their comments were actually a contra-indicator and that the market was ready to rally. Taleb even mentioned he was short. New lows, so I guess Michelle's extensive background and...
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    Rush challenges Obama to a debate

    It looks like the Dems are trying to reverse the "cult of personality" and "celebrity" focus (like in McCain's Paris Hilton/Britney campaign commercials) that the Repubs tried on them. It's getting a lot more attention than it deserves.
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    Swiss party wants to punish U.S. for UBS probe

    http://biz.yahoo.com/ap/090304/na_us_ubs_secrets_congress.html?.v=8 UBS stock rose today. Maybe it is a buy for resisting attempts to reveal their client list. Would be interesting to see who is on that list to see how many names would be recognizable.
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    The Unpatriotic blimp speaks

    It was interesting that Bush was bashed by attendees at CPAC. His hope that history will judge him well is harder to imagine if both Dems and Repubs are going to be bashing him. The spending that is going to happen is pretty disturbing. I'm not sure how much spending in total was done during...
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    The Unpatriotic blimp speaks

    I saw him speak, and he wasn't bad. But I'm curious why there isn't a movement to draft him to run. The straw poll showed Romney at the top, but only with 20%. The enthusiasm Limbaugh generated would have trounced that number easily.
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    Britain more capitalist than US?

    http://www.upi.com/Business_News/2009/02/26/Britain_asks_RBS_exec_to_cut_pension_pay/UPI-17881235668839/ "LONDON, Feb. 26 (UPI) -- British Chancellor of the Exchequer Alistair Darling Thursday said a former Royal Bank of Scotland executive should return some of his pension pay. " "the...
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    More slogans, no substance

    Actually, last year when Bush or Bernanke would speak, the market would swoon. http://abcnews.go.com/Politics/Story?id=6002792&page=1 So far Obama or his picks (Geithner) have been generally having the same affect...
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    Bobby Jindal

    I think Romney and Palin got a leg up on Jindal after his performance. He is a Brown/Oxford Rhodes Scholar so he is smart enough, but his ability to project effectively is sorely lacking.
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    Bernie Madoff...Why he did what he did

    He probably wanted the easy ride and fame - and if not fame, infamy will do. There were recordings of Enron traders released that had them laughing at taking money from "grandmas" in California while they were giving them rolling blackouts. Conscience doesn't have anything to do with...
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    More slogans, no substance

    I tend to agree. It was the Bush performance that handed the Dems the Presidency on a platter. Not necessarily Obama, but it would be one of the Dems. Jindal was weak in his presentation and rebuttal. The GOP is digging itself a deeper hole and after Bush, it's already deep enough. If...
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    Will Republicans turn down the "stimulus" money?

    The Dems are known for spending like crazy, but Republicans used to be ideologically opposed to it. It really is generational theft. Now they are trying to get back to the roots of the party. But after being lost in the woods for so long, there needs to be a big show of action. Sen Lindsey...
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    Will Republicans turn down the "stimulus" money?

    http://news.yahoo.com/s/ap/20090219/ap_on_bi_ge/bucking_the_stimulus I really don't think the "stimulus" money is going to do much, if anything, to help revive the economy. But if the Republicans actually flat-out reject taking it, I will be mightily impressed. It would show the public...
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    UBS settles tax case, gives up 19,000 US Tax cheats..........

    Is Phil Graham still being paid as a vice-chairman to UBS? Maybe he can advise them.
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