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1. Geithner isn't going anywhere. The earliest he would leave would be after the mid-term elections if the Dems get whupped. 2. Eliot Spitzer should be Treas Sec

Was at a mall in suburban philly today and it was packed, literally packed. The area where I parked is a corner of the mall that has DSW shoes, Borders, Lowes, and Best Buy. The lot was nearly completely full. Each of the stores had long lines of people waiting at the cash registers. Best...

I can't think of a bigger waste of $5 than Barrons.

^^^ The strangest part of the article describes how, during construction, Spelling would dash across the street to buy a hot dog from a street vendor. What kind of neighborhood is it that there are street vendors selling hot dogs? The only places I know where this occurs are busy downtown...

I don't understand why folks think its so important to institutionalize the Fed's independence from Congress, but there is little concern about the institutional lack of independence from Wall Street. Check out the organization of the NY Fed lately??? Its owned and run by Wall Street.

Sure, a great many of the hedge funds offer little alpha, and simply generate returns through leverage. The guys who run and raise money for these things are little more than well-dressed, well-spoken salesmen, who went to the right schools, belong to the right clubs, and have a lot of fine art...

I own the Mar 11 calls. If you want to get in at a price similar to where you bought your Dec 10 calls, you're going to have to move all the way out to Sept or Dec 2011. Nice pieces from David Goldman trying to explain why Treasury yields have fallen even though stocks power higher...

How did you bet against housing ... did you short homebuilders, mortgage lenders ...? That was a sucker's play. The genius of Paulson's (and others) trade is not that he shorted housing (any moron could have seen the bubble), but by the way he figured out how to do it - by buying CDS on...

Pretty much the entirety of your posts are filled w/moronic dribble, and I could spend a lot of time arguing each pathetic point, but this particular quote is just plain factually wrong. Pick up a history book please, and then come back.

Very exciting move today in the GE calls. In a mini-panic, I legged out of many of my Dec 2010 calls some weeks ago, but was fortunate to buy a couple of nice slugs of Mar 2011 calls recently and see them nearly double in the space of 10 or so trading sessions.:cool: As for the UR, there...

Take FL, CA, NV, and AZ out of the mix and you've got a fairly well-functioning and normal residential re market going on.

Nice to see this thread at least make an attempt to get back on track ... I would note the continued fascinating price action as equities melt up to the tune of around 5% over the past few sessions, yet GS futures and treasuries continue to move up as well. There's something happenin' here...

I don't see how any supporter of BO could claim that he has not been a disaster. One year on, its impossible to believe that he would have continued the policies of the previous administration concerning financial institutions. In a sense, his administration was doomed the second he...

Just look at a chart of oil production vs. oil price from 2000-2007. As oil quintupled in price, the supply barely budged. So much for the theory that higher prices bring on more supply.

Non-event.

Geithner doesn't understand squat. He takes orders (and not from BO), and that is the only reason he opposes this.

Except for the fact that Dow 10K is only an emotional level for the idiots on CNBC. 10K or 10% are just numbers.

My guess is that when Einhorn or Kyle Bass, among others, are all over the place crowing about their out-of-the-money puts on JGBs, now would be the time to be a seller, not a buyer of these options.

I am not trying to disparage Einhorn, but he probably doesn't have more than 2 or 3 basis points of their capital at risk. Its easy to go public w/a position like this and look like a genius when it works out, but there is no way he has very much at risk on it. Remember, Einhorn was publicly...

Thanks for that vital bit of information. BTW, its Alan.