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    Happy "pi" day eve!!

    -i had 2/27/07 marked on the calendar. I remember loading up the truck on gold the day before ~660ish I think, only to see it get slaughtered by $50. -I remember the panic on erin burnett and m haines' faces that morning as the market gapped like 300 down and went to around 500 down that day...
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    How does converting to common raise capital ?

    it must have something to do with their Tier 1 capital. I think you can only use 25% of your preferred shares toward reserve requirements. This will put more "equity" which is limitless onto the balance sheet.
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    80% On WallStreet Paid Bonuses (Thanks Taxpayers!) Unhappy w/Amount

    I'm getting my bonus in a week. This was only because I signed back in Feb that I wouldn't leave the company (and my company is actually in TX...not nyc) before the end of the year! There are probably others in that similar situation. But there is only around 12 of the 70 total peeps...
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    Are there any hedge funds in Texas?

    a few in Dallas where i am...couple in austin and houston...
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    You ain't seen nothing yet!!!!

    -obviously many don't have a choice...
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    Texas, specifically Dallas, Real Estate

    RE in dallas area is has barely started declining...the barnett shale in this area is helping keep demand up more than it would be... real estate in general commercial-and residential is definately on the decline though. job market is somewhat stable at this point..though I do have a...
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    Fannie Mae's fall

    that email is at least a week old..
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    Google's 4.4 TRILLION dollar energy plan

    well yeah,,but there are way too many jobs making money in energy to let that happen...............right now anyway. once we have no control over what we want to do ...then comes the freebies.
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    Existence of PPT

    and I like the CIMDT as much or more than PPT...but PPT just rolls right off the tip..
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    Existence of PPT

    you're actually right...jewish new year.
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    Existence of PPT

    as opposed to 20% in a day or two....they have controlled the inevitable move down.
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    Hurricane Ike

    you are set up on a fee schedule...that is essentially like commission. the more money you pay out...the higher up the fee schedule you move...ethically of course. i did know guys who made deals with some insureds where the adjuster would WAY over pay by tens of thousands of dollars...and in...
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    Hurricane Ike

    i was an independent adjuster for the largest ins co for katrina...strictly in "new orleans" and the small towns outside marrero etc; the majority of my 400 + claims were on the westbank, and i was paying people out the ass...the more i paid out, the more i made! is that floodline still...
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    Bond prices drop 90%!!

    think that closed at 4.40
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    CNBC broadcast on a 7 second delay

    wish I had your setup. every single TV I have seen cable/satellite had HD with ~4 sec lag.
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    CNBC broadcast on a 7 second delay

    you have this exactly opposite. HD broadcasts are behind normal broadcasting.
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    Trading Assitant opportunity...

    we work with oppy.....and they want to know where every single penny has gone...gl
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    Ken Fisher: Be bullish and watch the bears impale themselves

    Ken is in the top 250 richest Americans. How much of that he earned....I don't know.
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    Equity Analyst Trading Own Account

    You will have a 5 day hold on all transactions to be cleared by your chief compliance officer. I think you must hold the security for at least ten days as well...unless you have a stop loss hit of course. Basically, you can't do it the way you want to do it..
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    Great article on how currency devaluatin affects real wealth

    Very good read....best quote: "Central banks seldom adjust their monetary policies to arrest asset bubbles and related imbalances and instabilities. The days of the central banker being the spoiler who takes away the punch bowl when the party gets going are long gone. Central bankers now...
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