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Since your proposal is far fetched, I guess we oughta be asking just how long an average American has to work to pay in taxes enough to maintain a yacht, crewed of course, on Long Island Sound for say one month. That at least would get us further down the road to answering the eventual cost of...

Good point by OP. Loudly tell Hank and Ben about your own CDO, "Civil disobedience and outrage," which can include everything from protests to insisting on a discount of taxes you pay. I won't urge tax dodging -- and don't urge it -- because I sure don't want those private contractors Hank's...

Thanks to those who jumped on board.

Yen-penny parity before December expiry, a chance good enough to take. Think 7k a car at least. Nimbleness and fortitude needed, and must be willing to ride it down, say, 80 to 125 ticks. But it could be one way, although it looked that way two Mondays ago, too. Either way, a whopping good...

Hank and Ben are the second set of fearsome fear’trepreneurs (fear + entrepreneur) to exploit a pliable, out-of-his-depth Bush. The first was Dick Cheney’s band of neo-cons who sold the panic of WMD. The price tags for both sets may be close to the same. The beneficiaries? You aren’t...

700b bet by Hank, Ben, and Bush. Those three are on a titanic losing streak and now want to double, triple, and quadruple (and more!) into the losses. And we have to sign the markers. No choice, and not even a nice meal or comped show for the cash lost. I say wait until the 700b actually...

Holy Open Check Book, Batman! I say we all leave for Vegas and Stockton, to snap up empty homes, trim the weeds, and re-sell 'em to Ben and Hank. Those guys are unreal, giving a sucker an even break. Who'd have thought? Hell, next thing we'll see is Dick and Lynn bringing drinks to a Habitat...

Disagree only about the choice: I take YEN over EURO, because savings and savings rate better there than there (trite basics folks will begin to appreciate more and more), and because while Nippon has a humongous public debt, it'll begin to shrink next to the Debt Godzilla growing here.

I appreciate your comment and understand your point, but my post wasn't that the Wall Street warriors did anything stupid, to the contrary they did the thing most in their self interest by milking fortunes from pockets of everyone else. The jig being up, it's more than a little funny to find...

Too bad those who bought homes on spec these past years, and/or who invested in equities, were not able instead to win Wall Street jobs gambling and losing vast sums of others' money, leaving crater-size tabs to be force paid by taxpayers we know now, yet retaining a goodly amount of the...

Wonder if Mr. Cayne and Mr. Lewis feel a bit better. They owned nothing (less even than that really) and got 10 bucks a share for it. Lesson is be awfulist, so you're first for the handout, before people start minding.

Whow, a huge opportunity missed for Purina shareholders. Think how Dog Chow would be flying off the shelves if Blodgett, Grubman, and Moonbeam (Newt) had been allowed these last years to peddle AIG, GSEs, and other bluer than blue blue chips to retirees! I say blame the liberals in Congress.

Confirming their reservations on the Dick Cheney charter to Dubai, to make sure they arrive there no later than their money.

OP could be right or close to right, but the implications are probably too large to digest at this point -- for me at least. I would consider it an action in response to catastrophe, not a fix of the catastrophe by any stretch, as in the difference between casting off lifeboats due to a...

No can do, it's in Dubai.

I don't get. I figure Mel gave Howard all the put he needs to cash out that wampum Mel gave him for employment. He oughta be loving 2 bucks a share, in other words. As I've said before, fetish radio for seven bucks or better a share has been sheep shearing deluxe. Mel deserves a a plaque in...

There's probably more truth in your conclusion than Obama would admit. I expect that to be the case, and I understand that it will cost me. That's one reason I'm pissed at Bush & Co., which has created the very resentment and disgust that will make soaking the rich (and all who are merely...

You have an axe to grind with anyone who disagrees with you. I don't understand that. Here's what I understand: Hedge funds aren't better because they are hedge funds. The best ones are better because the persons who pull the trade triggers for them possess and exhibit skills similar to...

That is a radical concept to me, so your reply indeed may be educational. P.S. "Acuity" is calendared today. "Fungible" was last week, but I didn't get to use it last week, ergo today. ("Ergo" was two weeks ago.)

I don't believe the level of discernment and acuity you apparently possess is representative of all buyers of hedge and fof products. I base that on my own experience of being pitched some of those products. The content of the pitches did not imply as much sophistication as you apparently...