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dude, that debt cannot be legit and the USD/printing press not be: they are the same type of currency. An argument for one applies to both. and for the record - shill > troll > cfa >>>>>>> houseplant >>>>> obama

If you think the quant models use Excel for _anything_ I....I don't even know what to say.....................

TBH - this is a great dip to buy.

No, there is nothing strange thing about this. The SEC filed a civil suit, the AG automatically looks to see if there is a criminal aspect. Nothing to see here - move along.

Sure they'll get worse - that's a given and to be expected. The win at the end and the vindication will trump all of the negative exposure. In the end the SEC will again look like bumbling fools.

Reputation. From all the material I've read on this case the SEC has pretty much nothing except public outrage that people made money on the short side. You can tell when they start throwing around phrases like "it may not be illegal but.....". From the people I've spoken with GS wanted to...

What the fuck are you talking about "congress can't subpoena" - then can subpoena whatever they want!! The GAO is just a shill for congress - they don't have anywhere close to the same authority. Also, please state this "law" you speak of that overrides the subpoena power of congress.

This is part of the SEC investigation - it's routine and part of the process to do these things when the SEC brings a suit. For those that live this business, this is not news.

Your links talk about the GAO - not congress. Reread my post. The GAO can get a subpoena from congress to get the info from the Fed any time congress desires.

This is ET: the leading contrarian indicator. You must be new here.

The fed is routinely "audited" by congress - why do you think it's not? Did you read some crazy blog article somewhere that gave you the false impression that the Fed is totally a private entity instead of the handful of entities, public and private, that actually comprise the Fed? Congress...

You either don't trade money, are new to this business, or both. Take your tin-foil hat shit back to the yahoo boards.

You are making shit up - they didn't recommend ANYTHING.

I don't like schiff, but he makes some good points.

The senators? I agree.

This was a farce. A MM takes both sides of a transaction, that's their fucking job. I am so disappointed in the political system right now I don't know where to begin.

You are a fucking fool. Those senators didn't know what the hell they were talking about and it showed, badly.

QUICK: who am i? "shorts.........shitty.......shorts........shitty............shitty.........shorts.........."