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Goldman is also now being investigated by the Financial Industry Regulatory Authority, the securities industry’s self regulator, for failing to notify the agency that SEC had issued a “Wells Notice” signaling the enforcement staff was recommending charging the firm until after the charges...

They are the only ones who swear to tell the truth, hence you can't ask questions of Congress while testifying.

My point. Tracking? Yeah, Perhaps the truth will float to the top with google contextual ads and sponsors. This may be fun. "My colleague John Harwood interviewed President Obama last week, and he said his Administration in no way influenced the SEC’s decision or timing. That may...

From wiki. The Fed's pattern of providing ample liquidity resulted in the investor perception of put protection on asset prices. Investors increasingly believed that when things go bad, the Fed would step in and inject liquidity until the problem got better. Invariably, the Fed did so each...

I got a chuckle out of this: Harry Hindsight lives. The first casualty of war is truth and the first casualty of finance is amnesia. I wonder about that fateful meeting in January 2007 between Goldman Sachs, ACA and Paulson. Would buyers have walked away if all materials had stated in...

Some people are going to leave a mark on this world...I'll probably leave a stain.

This makes me wonder about balance between private sector and gov't. If gov't at all levels hire more amd more people (TSA was the most recent large hire, might be others I'm unaware of) then at some point wages or concessions become necessary, these gov't employee's will resist cuts. They won't...

"blowin Ben" just doesn't have the same ring to it. Sounds gay.:D

If the clone were bald Would she be an obscene clone dome?

Clip from my favorite movie, for those of you who don't wish to watch, I'll tell you the ending. Pee Wee asks to see the basement of the Alamo. (He thinks his missing bike is there). <object width="640" height="385"><param name="movie"...

The buyer of the synthetic CDO gets premiums for the component CDS and is taking the "long" position, meaning they are betting the referenced securities (such as mortgage bonds or regular CDO's) will perform. The seller of the synthetic CDO is paying premiums and is taking the "short"...

There also are concerns about conflicts of interest. After all, members of Congress could be voting on bills that directly or indirectly affect the companies they're invested in. "I think the worse danger of course is that they're going to be passing and lobbying legislation on the basis of...

Critics of Congressional investment practices point to a recent transaction made by Republican House Minority Leader John Boehner of Ohio. In September of 2008, when the economy was on the brink of collapse, the U.S. Treasury Secretary and Chairman of the Federal Reserve went to Capitol Hill to...

For a group often criticized for being out of touch with what's happening on Main Street, some argue Congress seems to be deeply in touch with what will soon happen on Wall Street, especially when compared to the average investor. "If the question is -- are they using information that they're...

Jonathan Gillibrand, husband of New York Democratic Sen. Kirsten Gillibrand, made more than 250 transactions in options in his E*Trade account in 2008, when his wife was in the House, according to disclosures. ------------------------------------------ Ya think "follow the herd" mentality...

Be in excellent health. I have never met, nor even heard of, someone sickly starting a successful business. It takes a lot out of you. ------------------- Short story. I'm type A. I burnt out when I was about 33, one morning I went to work was there about an hour, put my keys on my desk...

Do you have a small, incontinent dog? Or perhaps you work for a small dog rescue of some sort. Either way, I have a package of small doggy diapers. I don't want to throw them out coz they are pretty expensive. (as someone with a small, incontnent dog would already know). Please don't try to...

Crossword puzzle with coupon.

principles of the Founders. --------------- They were farmers, then lawyers. Now they are just lawyers.

One of my co workers used to announce he was going to take a shit. One day, I wait till he's in the stall and I use the restroom, wash my hands then throw the paper towel into his stall then turn out the light. I go out in the hall and text him with urgent messages.