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This journal is short on details and long on entertainment. Strangely, it's my favorite journal to date. Keep the faith! Perhaps a shirt like this to go with those shoes would bring the benjamins.

Anybody want to bet that 22 phone calls went out from GS that basically said "If you downgrade us, we will never do business with you again." They are too smart to say it outright, but a simple "we're watching" would suffice.

Hey, I'm not picking on you, but I just wanted to say that's how the system is supposed to work. It's for your your protection as well as the lender's. If you have a history of not paying your bills, it makes sense that no one will lend you money. I got myself in a similar jam a decade back...

Thank you, sir.

As a matter of convention around here, which is considered most appropriate? A link to an outside website, or copy-paste the whole article into a post?

We let the market decide! If you have the money and I want to borrow it, ultimately it's my decision what the rate is. If I don't like the rate, I don't take the money. I have lived my entire life so far and never taken on a mortgage. I lived with my parents for the first 18 years of my...

I just don't understand the concept of hedging a trade like this. You should always be able to ask yourself "If I was flat, would I enter into this position?" If the answer is Yes, stay in. If the answer is No, get out. Another way to think about it is, Would you invest more in the...

Let me pull out a few independent clauses.. "Goldman Sachs does not make any representation regarding the accuracy of the information contained herein and accepts no responsibility or liability." So.. WTF am I reading? This could be a complete work of fiction. Or not. How do I know...

There's two kinds of deals. One where both sides to the transaction can benefit (not that they necessarily do, but they can), the other where one side wins at the expense of the other side losing (aka zero sum). Let's say I bought a Beanie Baby a while back for $100. Then I sell it to the...

Can we compare these scary numbers from Merrill during a recession to during a boom using the same calculations? During good times, I have taken months of my retirement while I was young enough to enjoy it. I was not employed full or part time, not looking for work, not collecting...

Monday will be our tell day. The people who move money that moves markets had their primary analysis done by lunchtime and price stabilized within pennies of close at noon. Now the in-depth research starts. Lots of late nights with spreadsheets and phone calls to colleagues this weekend on...

There's a lot of business we haven't seen yet. Imagine going to the movies and the pimply face ticket seller asks "Would you like to pay an extra $1, and if the opening weekend totals are over x million, you get a free movie ticket." Now you personally have an incentive to get your friends to go...

I was wondering if there was some kind of Black Swan strategy that would have long GS puts. Betting on fallout from their recent Greek debacle could have inadvertantly netted you a bundle.

I like that. Hard numbers. Not some convoluted formula or a wise-ass comment like "if you have to ask, you don't have enough". Good on ya, dude.

Smaller account minimums ($25, just search for microlot forex) and guaranteed no additional margin call on account blow up (most forex providers).

eek.. You're advocating a martingale to get back to even. That's most likely a losing proposition. Let's say you have a strat that has a 1 in 5 chance of losing. You do the math and know that the probability of having 5 losing trades in a row is .2 * .2 * .2 * .2 * .2 = .00032 or .032% or 1...

:( yeah..

They are the Jews that never lose! I just want credit for coining the term first. Long July 160 Calls @ $12.85

Lol, major systemic fraud at the largest financial company in the world and it's only down 12%. That's not even close to it's lows just a couple months ago. This will amount to a slap on the wrist, with lots of saber rattling and chest thumping by our gov't watchdogs who get to cry "justice...

great thanks! lol