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    Goldman to be paid $1bn if CIT fails

    1) Uhm no, it's not obvious. BoA got into IB years before the Merrill deal. You're obviously not up to date, boy. 2) J.P. Morgan Chase is ONE company which consists of retail banking & investment banking. Their retail side is much larger than the investment side, in fact their biggest...
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    So is China hedging their treasuries?

    Uhm, why would you say that?
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    gold record high

    It's a reliable store of value and even in doomsday scenario, gold and silver are the likely mediums of exchange as currency is worthless. The metals will take a haircut as opposed to direct barter, but hey, need to be practical. I think the key is preservation of wealth. If you are...
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    Goldman to be paid $1bn if CIT fails

    LOL, a parasite off a bigger parasite. Your mommy would be proud, if she took a break from the crack pipe. Let me guess, You're a low level consultant for the IBs. A step up from a janitor, but still a joke.
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    Goldman to be paid $1bn if CIT fails

    Listen chump, you're making yourself look like an even bigger moron. JPM & BoA have been full retail banking divisions combined with investment bank divisions for years. Do you even know the difference? I doubt it. Merrill had much more expansive operations, so does Morgan. Hence your...
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    why do people laugh when I mention day trading?

    I'm sorry, but you cracked me up. He obviously said $1000 a week daytrading, not $1000 per day. So your post is mostly redundant. And I may be mistaken, but there are 252 tradable days a year, at least in stocks.
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    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    No I just think you're a delusional idiot who realized that he made a dumb absolute statement and tried to cover it up by focusing only on highly publicized name projects in NYC region. If I had some respect for someone of your level of intelligence, I would take the time to look up the name...
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    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    So it's not a valid project unless it has a highly publicized name? As if, it does not really exist, even though foundation was being laid on the corner of the block with steel beams set in place & a crew which did maybe half the work before it went bust. You know what you're right. There...
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    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    You want to name an unfinished project by what? Should I deliver you records from the city also? Would you like the lot number, along with a lien search? Maybe a historical account? Get a grip on reality. It's a block away from the NY Library Business center. Just a dirt lot now.
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    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    LOL, there is one across the street from me in Midtown that actually just recently got torn down. It was in half finished phase for at least 6 months, in obvious limbo. Is it like Cali or Florida or Nevada in New York City, boroughs, Long Island & new Jersey? No, I never said it was. But...
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    Video aptly showing why Banks are 'zombies' (propped up by lax regulation)

    To complete on the loan, yes, they need to finish the project even if it has little chance of selling/leasing. There are still, quite a few unfinished projects, contrary to what Clubber Lang claims. Nothing like Miami or Vegas, as they are more scattered.
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    Goldman to be paid $1bn if CIT fails

    It's ok, most of us suspect you're just a loser & nothing more. I really do not care that much whether you even work. But you did suggest that you work for GS by your bonuses remark. I already know you do not, because unlike you, I am actually very familiar with the top 5 IBs/BDs & how they...
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    The Most Sure-fire Hedge Fund Possible

    Dude. Let me put is in a simple way you can understand. IT DOES NOT WORK!
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    Goldman to be paid $1bn if CIT fails

    I think the only one obsessing over GS is you. So once again, are you trying to imply that you work for GS with your "bonus" comment? Humor me, answer the question. Oh and if you think I'm such a funny bunny, maybe you and I should meet face to face so that I really give you something to...
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    The Most Sure-fire Hedge Fund Possible

    Also, the spread. You & the trader would be on opposite sides. Concept does not work as it is the same as taking random entries with a fixed stop loss and a profit target 3X stop loss.
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    Goldman to be paid $1bn if CIT fails

    Not as funny as your obvious lack of a proper IQ to exercise proper reading fundamentals. I never said anything of the sort. CIT was going down on their own due to their lending practices. Are you trying to suggest that you actually work for GS in their prop trading with your bonuses remark?
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    Goldman to be paid $1bn if CIT fails

    Once again, sycophant boy. How is GS getting paid out if the company is going BK. Do you understand the meaning of "bankrupt"? Apparently not. If you're gonna proclaim GS to be the hottest thing since sliced bread, at least try to understand the schemes which make them money at the expense...
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    Goldman to be paid $1bn if CIT fails

    I gotta wonder about your deal making skills with such your obvious lack of reading comprehension.
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