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I liked how the scumbag donated to the charity, with the condition that the charity give the money back to him to "invest".

Investors in a Sarasota-based hedge fund could be out $350 million, and the man behind it has vanished. Managers of the fund are telling clients that their money is gone, and they do not know if any will be recovered. Fund principal Arthur G. Nadel, a prominent player in Sarasota social...

Give it a couple of months. Chris Dodd and Barney Frank will be giving local govt. billions to buy up these wrecks and rehab them. Buddy buddy, contractors will over charge for the mediocre rehab work they do. Properties will be run-down again in no time.

Well, assuming you are serious, why will this time be any different?

Hmmm, yeah OK. So, tell me what is the average rental home in Hollywood Beach renting for per mo.?

As a residential property investor for the last 25 years, let me say that is a totally unrealistic. So, In order for me to buy an investment property for say $200,000, I have to get $4,000/mo. rent? Please, please, please, tell me where I can do this. I have 700K in CD/s and MMs, I would love...

Well, if you let the bank foreclose, you are going to have a damn hard time getting a loan to buy another house, which means you will have to rent, which in turn means you get no write-off on your taxes like you did with the mortgage interest from your loan, and assuming properties values...

Paul Volcker is 81, is he really up to the job?

Steeve Leesman was interviewing a trader from Fortress, who mentioned that he believed the PPT intervened on 10/10 and 10/28. This got Steve, Joe and Becky all in a tizzy, as they tried to discredit the idea of a PPT being active in the market. Becky goes so far as to say, in effect, that CNBC...

Hmmm, I saw somewhere that a firm was charging $9.96/RT for e-minis with $300 margins. They really should wear and mask and use a gun. What a fucking rip-off. Can you imagine that. 10 bucks a round turn. Who was that?.......... On yeah, now I remember. It was Global. You should be...

Well, there was that FMD call. And, can we call CC a winner? :p

Well, feel free flip on those rose-colored glasses and post some good news right here in this thread. You can start with the deficit; housing, employment, retail sales, autos, bankruptcies, credit card defaults. I'll wait.

The OP didn't write the article, he just posted it. So, STFU.

By Saijel Kishan Nov. 6 (Bloomberg) -- Platinum Grove Asset Management LP, the hedge-fund firm co-founded by Nobel laureate Myron Scholes, temporarily stopped investor withdrawals from its biggest fund after it lost 29 percent in the first half of October. The decline left Platinum Grove...

The 18B figure is money placed in Switzerland by UBS. The are undoubtedly many Billions more in Switzerland unaffiliated with UBS. Also, Levin was talking world-wide, not just Switzerland.

Two things. First. You can still get $500 e-mini intra-day margins. Check out Velocity Futures for example. Secondly, the initial ES margin is $6,188, not $6,500. http://www.cme.com/clearing/rmspan/pbadv/files/Chadv08-299.pdf

I disagree. The 2% should be of liquid net worth, not account size. If I have $1,000,000 of liquid net worth but I chose to open a $5,000 futures account, I should only risk $100? Come on. Again, account size is irrelevant.

Forget account size. The question is how much can you afford to lose without it doing serious damage to your liquid net worth and/or your psyche? If you can afford to lose $5,000 no sweat, then that's all you need to fund your account. I'm sure it varies, but I would say that most of the...

August, 2006, Schiff vs. Laffer guess who gets owned. http://www.youtube.com/watch?v=IU6PamCQ6zw

Don't have to go back that far. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahGpkom8SbJk http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ak02uRkRults