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    Fed OMO schedule vs Treasury Auctions

    Does anyone have thoughts on these? In an OMO, is the Fed buying from the primaries? Or placing orders in a bond pit somewhere? Looks like there's a 30 year auction on August 13th, and a scheduled OMO for maturities up to 30 years on August 12th. Is there a connection between these 2? Is...
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    And another $2 BILLION is approved for more cars...

    In that case please send my share of the $2B to the IRS then. Wait, what if those that actually benefitted from it paid for it!?!? Nevermind, I forgot...
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    Ideas for other "cash for ..." programs

    My votes are for: - CFGLSP - cash for good looking smart people - CFBRC - cash for better race cars - GBFC - gold bullion for cash (I give them cash, they give me gold bullion; this may actually fix some things). - CFPWAPT (this may be my most shocking one) – cash for people who actually...
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    How You Finance Goldman Sachs’ Profits: old GS managing director speaks out.

    I read the article and thought maybe she was canned or something and bitter about it. Then I started searching around a little and read her sio and some interviews. Holy left wing freakzoid, batman... I wonder how she ever made it to MD... Affirmative action maybe, lol... Maybe she...
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    How You Finance Goldman Sachs’ Profits: old GS managing director speaks out.

    lol, nevermind. just started reading the article...
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    How You Finance Goldman Sachs’ Profits: old GS managing director speaks out.

    Wait, you were an MD at GS??? What happened?
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    Trader 1987 Documentary -Paul Tudor Jones

    ignore list...
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    What if the US is unable to sell treasuries?

    It'll never happen. the Fed will just buy the new issues (already are to some extent, in my opinion).
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    Paul Tudor Jones

    Maybe it's a publicity stunt. If he totally didn't care, neither would anyone else. he's manipulating the interest-in-the-video marktet...
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    Paul Tudor Jones

    If you viewed videos yesterday or whatever they're very likely still in your computer's cache. videocacheview is a free downloadable program that will show your video cache files (the vids seem to show show as .tmp files or .flv). You can copy them from your cache to someplace convenient, and...
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    michael Lewis: Lot of bull about Goldman

    not his best work ever... The piece he did on Iceland blowing up was really interesting, and the one where he impersonates an arrogant banker is massively funny. Google them if you don't knwo what I'm talking bout. It's well worth it. The icaland one is pretty easy to find, here's the...
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    The end of tax heavens

    These days it seems the "tax obligation" is largely decided by people that only benefit from other peoples' taxes paid. That's one of the fundamental problems with democracy I think. The 90% that are chronic underachievers get to decide how to extort the remaining 10%, and allocate the...
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    Star trader threatens to leave Citi

    ^ because he's making $100 million right now. not a bad gig...
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    FDIC Friday - 2009

    I thought for sure Guaranty banks would be on this week's list... maybe next week.
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    Regulators shut 6 Ga banks, 1 in New York state

    Balances exceeding $250k per account are potentially lost, no?
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    Hong Kong Banks to Buy Back Lehman Notes as Buyers Demand More

    "bite the wax tadpole..." What does it mean, and what is it's origin? I like it already, without even knowing...
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    Like Lehman Bros, they let California fail

    That'd work really well in Miami too. (I may be thinking of the wrong kind of Silicone though)
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    The FED Has Doubled the Number Of Dollars In ONE YEAR.....

    Doesn't matter if he's just replacing velocity with supply. (I mean it matters to me, since I am an owner of $ and am having my buying power diluted relative to no monsy supply increase, but to the economy it doesn't matter). The trick is getting the supply back out one velicity picks up...
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    HAR Trade...Guys Busted

    They need to sue SocGen for dumping a 70 billion DAX futures position into the market on MLK day a few years ago without fucking telling anyone about it. (This was Jerome Kerviels position). I took a killing that day because I didn't know wtf was going on and went all cash after a 600 point...
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    Guaranty Financial, big Texas bank, on the ropes

    They suck. I'm local and they've always struck me as a mickey mouse operation. Nothing concrete to support that, just my perception from their facilities, advertising and minimum wage recruiting efforts for practically every position. Any bank job on monster or wherever under $20k/year salary is...
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