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    Bewarizona!

    From Jon Stewart's "The Daily Show" last night . . . http://www.thedailyshow.com/watch/mon-april-26-2010/law---border Arizona . . . the Meth-Lab of Democracy! :D
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    Et Teabagger Thread

    I can't believe that the "Tea-Baggers" aren't flocking down to Arizona to fight off the overbearing Government who are continuing to make it their business of getting involved in people's lives (Mexican Americans) and trampling all over the Constitution. Oh, the irony . . .
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    Is this ethical and how does it differ from what Goldman did?

    Finally, someone on ET that actually KNOWS what they are talking about. Thank You. :) By the way, if anyone should know how to analyze credit risk, it should be the German Bank "IKB"! They were one of the serial carry-traders who purchased these types of instruments for the Structured...
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    Is this ethical and how does it differ from what Goldman did?

    Agreed 100%. The Carl Levin's of the world have no idea how a market-maker functions, and what increased volatility does to the value at risk (VAR). I watched all 10 hours of yesterday's testimony and found Levin (and most other members of Congress) to be completely clueless. These are...
  5. L

    Even 7th graders know the market is rigged!!!!

    That explains everything. You must be a 7th grader. :D
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    S&P Closes Above 1000

    Once again, Dr. Jerk-Off has crawled into a cave somewhere as the S&P trades above 1205. Has anyone seen the ET resident douche-bag lately? Did he blow out of his $2,500 E-Trade account, or did his Mom pull the plug on the Internet connection at their house in order to cut back on...
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    For remote traders, what's the minimum internet connection speed?

    Your VOIP phone line and the Cable Modem that supports that broadband line isn't a problem. I have the same set-up via Comcast. Don't just think that you need fast download speed when it comes to being a remote trader. Where your Broker is located can actually be an issue as well, given all...
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    Obama Wants To Regulate Dervivatives - Should we be worried?

    You have absolutely NO idea what you are talking about. Health care legislation was written off for DEAD back in December when former DNC Chairman and Doctor, Howard Dean came on MSNBC and abandoned ship, telling everyone that the health care bill should be killed - - - and yet Pelosi was...
  9. L

    Obama Wants To Regulate Dervivatives - Should we be worried?

    True. And you can thank former GOP Senator Phil Gramm and all of his buddies for that.
  10. L

    Obama Wants To Regulate Dervivatives - Should we be worried?

    Try going back to 2003 and all of the lobbyists ( reportedly 1,000 ) from Big Pharma on Capital Hill that helped Louisiana GOP House Representative Billy Tauzin spearhead the "Medicare Prescription Drug Modernization Act" which Bush supported and signed into Law, the biggest single entitlement...
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    Obama Wants To Regulate Dervivatives - Should we be worried?

    The problem is that we had people like former GOP Senator from Texas, Phil Gramm de-regulate Credit Default Swaps in the "Commodity Futures Modernization Act of 2000" - - - legislation that had no public hearings, no recorded vote, and got spearheaded by Phil and most of his midwestern GOP...
  12. L

    The Abacus prospectus states, GS might short your position.

    Please tell me that you are not this naive. :D
  13. L

    The Abacus prospectus states, GS might short your position.

    Once again, you have proven that you are not the sharpest "tool" in the shed. The issue is not about taking the other side of the trade. The issue is about disclosure. Let me guess. You voted for George Bush, not once but twice. Right?
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    The Abacus prospectus states, GS might short your position.

    If "everyone" in Goldman management about Fabrice Tourre knew about it, then why didn't the SEC charge ONE SINGLE GOLDMAN MANAGING DIRECTOR with fraud???
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    Erin Burnett should be a housewife in NJ, taking her kids to ball practice

    True. Erin is not the sharpest tool in the shed. Last week, she sat idly by while listening to GOP Senator Jim Inhofe from Oklahoma spout his typically politically biased crap about how Obama has been gutting the military. I guess Inhofe is clueless as to the fact that the FY-2011 DoD...
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    Goldman warned of SEC suit 9 months ago

    Funny how the SEC spends roughly 2 years investigating Goldman and this customized synthetic CDO transaction with John Paulson, and yet the only charge that the SEC comes up with is on a then, 29-year old VP who was principally responsible for structuring and marketing the vehicle. Notice...
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