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But I think the systems we need, although worked over like a bad prize fighter will be functional. And that's what we need, and that's what I thought was gone. Buffett, Gross, Ross......... this is their entertainment. They are going to have to throw in.

There are some really scary times coming; with the short ban being lifted, MS may not make the weekend. You'd want to destroy that stock before the cash infusion. We'll see if the SEC has any teeth. There will be more huge failings, but the government will throw open the doors, and shower the...

I've spent many sleepless nights in the last three weeks. Something I always said would happen came perillously to happening. I have advantages you don't, so bear with me. Then you can lash me to pieces. Starting about a year ago, I think a year, I was hearing things like, 'whoever picks...

Know the difference between Don and the Pope? The Pope is really rich. The Pope has a nicer hat. Don will go to Heaven. Don can sell shade in the Vegas summer. The Pope is adored by millions of Catholics worldwide. Don is worshiped by rooms filled with heathen youth in the...

I You go out there when no one wants to listen. You tell me what it's like to be laughed at, ostracized, and we had data. And they still fight. It's a lot harder than it looks. Money is very powerful enemy when it's turned against you. Now, America gets to see AIG, Fuld...

You gotta respect Waxman, getting elected looking like that. First time I saw him, I thought it was a disguise.

And who do we thank???? PS. Great post. There are people in serious pain who have done nothing wrong.

Come on! Fess up! Who crapped their pants??? I mean, because of the market. who puked. I had a tough night. Not because of me, but because of what they've done to my country - for money. Sick bastards. Bring on the law. Look at that fuck OJ. He figured out how to eat three...

You can't 'teach' integrity. Oh, I guess you can show up for an ethics class and ace it, but integrity is not a learned behavior. It is assimilated; it's something you acquire. Probably closer to osmosis than anything. And no, Barney doesn't have it. Can't you see the left playbook...

I used to sell them, when they first came out. It was a Merrill product. It was a joke. Be careful with our phantom tax.

Only Wall St. would name a bond 'Zero" Coupon. There's some others that deserve the name too, plus zero principal.

And sunpower. But they went from conviction buy right to sell. They usually just remove the stock. Big drop. Really big

Some of his testimony (think we're serious about this?). Before you go bullshit bashing me, remember, this is under oath to Congress. The downside to lying is about to be felt by the Dir of Enf and some other SEC staffers. The second issue I want to discuss is naked short selling, which I...

Huge News. Kreitman and Hanson were accused by Specter of perjury at the Dec 06 Judiciary meeting.............BTW, John Mack should be finished on Wall St. with this. http://www.nytimes.com/2008/10/07/business/07pequot.html?ref=business&pagewanted=print October 7, 2008 Impartiality...

They keep very detailed records. Up to now, nobody has requested any of them. We showed you the SEC was sitting on mob related money laudering stuff, until someone got discovery. They would have let them sit six years, and then , bye bye. The difference is motivation.

http://www.nytimes.com/interactive/2008/09/28/business/20080928-SEC-multimedia/index.html#

You are very naive. There's a lot of fraud. You need a motive to go dig it out. All of America wants Wall St. to hang. It is politically advantageous. Therefore, they'll look extra hard.

I was told a story a long time ago. In the late sixties, I think this particular office was in the NY area, the old timers would go in and watch the translux. Commissions were the same everywhere. anyway, if you got there early, schnoored with the coffee and Danish, you could hear the...

I guess he was on Today this morning saying sell everything for five years. This woman is talking to my wife about it like, 'did you see this guy on CNBC saying sell everything for five years?" They really have to pull this guy. He's lost his friggin' mind. He gets everybody in, kills...

He isn't done with the DOJ yet. This guy could be looking at lockdown. It just depends what shows up. Remember, bunch of grand juries out.