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Given that the whole IPO now looks like a giant fraud and they're winding up over 50% of their business I wonder if they will reopen for trading at all.

Jeez, Gas is still $2.89 here in LA...

lol... It reminds me of LTCM. I'd imagine GS is shooting against any REFCO positions out there.

The point is Hydro is right. There ought to be life sentences without parole for this kind of fraud. That would slow white collar crime to a screeching standstill. How many people lose their life savings to these jerks? The problem is the system is run by white collar folks as well... or as...

No.

I'm sure that's what they would say. Frankly, with what's going on anyone would say that. It costs you almost nothing -- the wire -- and gives you 100% protection from unquantifiable risk...

Well, Customers would be wise to vote with their feet temporarily -- imo. The risk of losing a few days trading privelages while you move the account vs dealing with a BK is a no brainer...

I'm just sitting here watching the Russell get crushed...

Slow and steady wins the race usually... don't let the volatility throw you off your sizing.

Does anyone know if they have reported or what time they report today? Thanks...

As someone pointed out the bonds are off 10% for the near term and only 2.5% for the long term bonds -- IB quotes. My answer to the initial question is that the BK has been priced in already. What is up in the air is what the value of the bonds will be when DPH emerges. Having dealt with...

That's total bullshit. Sorry to be so blunt, but that's not actually an offer of employment at all. When someone offers you a job they want to give you an INCENTIVE to stay not try to tie you up with handcuffs. The exception is when you are offered "golden handcuffs" where you lose a big...

What you are trying to say is that you have to pay them money if you quit within 4 years time...? I would never accept an offer like that nor would I work for a firm which made me such an offer...

Can you get out of a 4 year contract without penalties? I can't imagine you would want to tie yourself up for that long.

lol

In my next life when I have a Phd and some esoteric math skills I will be sure to use the link. :)

Well I did my MBA in the UK and had a great time so I can support that logic. It has gotten quite expensive though. Mine cost $20K for tuition (2 years) and then the lost income plus living expenses. I just met with the alumni fund raiser and he told me that tuition is now around $80K -- per...

Just for fun... If you want to be an entreprenuer now is the time to go for it as you are young, single, and can recover from any mistakes made relatively quickly. Good entreprenuers hire MBA's to sit in front of computers for them. If you want to be corporate get the MBA. Realize that...

As usual, it' hard to believe another year has gone by. Thanks for the thread. It was an interesting journey.

I'd buy one if I could get a decent processor in it...