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No doubt about it. I'm actually happy to see this crap happen and hope more and more of these financial parasites and leeches will be washed out. As well as the arrogant developers who are getting their asses handed to them. Now if we could just get Bloomberg to STFU and GTFO. While we are...

Yawn! So many clueless geniuses running around searching for the root of the problem when they look at it every single day, several times a day. The monetary system is doing exactly what it was designed to do.

WTF are you talking about? Restaurants, bars & lounges going out of business nonstop. Some places still operating HAVE NO CASH. Vendors are refusing to accept checks from some places, employees can't even get paid. For rent signs everywhere. You might be able to pull your biased rah rah...

They are doing just fine from the salaries & bonuses they have collected and maybe still collecting. Now if you are an investor with capital still in lock up period with one of these sham operations, well, tough luck.

You jump at any chance to brag about yourself. Is it a wonder why noone really believes you?

LOL this is hilarious. "When Shilling goes wrong" At 11, only on Elitetrader.

I think you are simply having a problem with acceptance. 1) When the economy of a nation is that dependent on financial services, it's already f**ked. 2) This nation is finished, period. No ifs, ands or buts about it. The real fun starts next year. 3) You're gonna face "the...

I've sold plenty and still work on deals on occasion. The best deals don't need fancy shmancy, they sell themselves. If you do not know this, then you have never dealt with deals that are worth it. I read years ago that the best deals on Wall Street are presented on simple paper in black &...

Well here is something I'm still trying to figure out. CME is just an exchange, they are not on the hook if the contract seller defaults, it's on him and legal action is then taken, as well as trading of futures for that individual or entity forbidden for life. Also, I think CME itself is...

The reality is that your & my dollars are being spent to support a worthless money leeching institution so that its executives can enjoy the high life a little longer and pillage the coffers some more. You know what I say when I hear about a financial leeching services company possibly going...

I must be, cause it's too much brainwork for you to understand why under the current monetary system (fractional reserve banking) every bank is inherently bankrupt. Which was in response to your "healthy banks" statement, a laughable notion. And the Obama statement is in response to your...

I've worked on some documents a few years back. And if you do research on infrastructure assets, which is something I still do, you will find the news releases. US towns, states & municipalities have been selling infrastructure assets to try to pay their deficits. Same goes on across the...

Yeah you can pull up the posts. When that slimy CEO announced his genius initiative, the stock got dumped and there were plenty of posts that he just killed the company. Whoever is still dumb enough to be a serious position in Circuit City should at least sue the CEO for his very obvious...

Did I hit a nerve that you have to start insulting me? WaveStrider posted the link. Yeah JPM & WFC are just fine. With $25 billion each, secured by the taxpayers.

No, they would just get bailed out by the government. Like AIG and GM.

You obviously do not understand fractional reserve banking. And apparently believe everything is fine & dandy in USA, cause Obama is our savior. Like I said, go donate your earnings, since you love how the banks & government are taking your money and using it for their benefit.

And when Wall Street goes into a downturn, these fancy shmancy meetings stop. Cause the money is not there to pay for them. But for AIG, you and I are paying for them. Bottom line, if you are OK with AIG wasting your money in such a manner to sell its worthless piece of sh*t products (or at...

Good banks? LOL. They are all inherently bankrupt, and that is a fact anyway you splice it. What you are seeing is heavy consolidation where the big fish are eating other big fish. Does not mean any of them are healthy, but then if you looked at reality every now and then, you would know...

Great, so let them pay their own bonuses without touching my tax dollars or printing more dollars. I don't care what Jamie Diamond does then, I dont own the stock nor would I touch it. [B] You're very gullible. JPM, along with Citi, are key member banks of the Federal reserve system. I...

If your product is worth a d*mn, you don't need excessive fancy marketing to sell it. It sells itself. The best deals of Wall Street are not presented by pretty pitchbooks & lavish presentations. They are simple black & white documents. But hey, if you are ok with AIG execs spending...