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Heard thru the grapevine, of more than a few guys lost it all in Refco, only to lose it all again in MF Global. Seriously, just a nightmare. I'd heard that once Corzine came on board, 10% of each paycheck went into company stock.

Once you realize the dead weight of the Unions has their fingerprints all over this mess, what you just said makes all the sense in the world.

What does 95% of this site have to do with trading?

The guy that alleged Sandusky and that organization that he was a part of were "pimping" out the kids to rich donors. On another note, anybody else find a bit "odd" that the prosecuting attorney on the case went "missing" in 2005 and that his laptop and hard drive were found months later...

No problemo. One of the Fed hacks just mentioned that ZIRP will last longer than the already telegraphed mid-2013. Must be a bright future we can all look forward to.

I wouldn't include the "no affection for animals" bit. My experience is that sociopaths have mentally "de-humanized" their intended prey, and for the most part all people. They will tend to still have affection for animals because they don't view them with the same level of contempt...

That's right. The Dems have their pet industries that offer up bribes, just like the Repubs. It's going on in record fashion on both sides of the aisle. None of them can cut a thing without cutting off all of their campaign financing. It's the dirty little secret the media seems loathe to...

There's nothing uncommon about what your friend is doing. I've known more novice, beginning traders that put up tremendous runs WHILE the market trended upwards (or as the case may be they held out thru brief downturns). The problem is they will never stop until that 20k gain turns into...

It's more than a few guys, but it should also be mentioned that some of the guest commentators are quite talented as well. Bruce Krasting for one has done some tremendous work on there. He even wrote about Solyndra days before the bankruptcy.

Don't bother with most of the turds on this site. They've been misrepresenting much of what ZH has been about from day one. Just re-posting today's headlines would dismiss most of the criticism.

I think the pricing mechanism is somewhat broken since the prevailing sentiment is that the worse things get, the more central banks will intervene. Hence, the market is caught in limbo between the reality of low to no growth and the alphabet soup of various subsidies, bailout funds, monetary...

And yet here you are wasting an entire Saturday with all the "little people" on the forum.

Well, growth in the public sector has outpaced the private sector not just in the past four years, but really ramped up following 9/11. As the private sector contracts AND as there are growing numbers of folks dependent upon government safety-nets, it only stands to reason that the party that...

I think that you're standing on a flimsy argument with this "share prices" that you keep repeating. The reality is that several institutions have been given a "protected" status and will be kept alive as long as needed (read zombie banks). If it WERE NOT a kleptocracy, we'd have already either...

The point of introducing Ron Paul into the conversation was to counter-balance all of your "right vs left" talking points. The concept of the Federal Reserve, US Treasury, investment bank "kleptocracy" is not some outlandish, fringe opinion. For many of the reasons I listed above, there is...

My initial response in this thread was to clearly make a distinction about the type of rhetoric we continue to hear about "taxing the rich". I've also made many attempts to distinguish between REAL risk takers and those who are quasi-risk takers (i.e. TBTF). I think that it's quite telling...

Who gives a shit about the 'stockholders", the banks certainly don't. They continue to funnel cash right out the door each Christmas. The stockholders are just a bunch of chumps running pension funds who don't know their asshole from their elbow. I realize that I'm arguing with some kid who...

Christ, you suffer from Stockholm Syndrome. A true fucking dipshit if ever I've met one. yes, it's called a kleptocracy, when a protected racket can basically buy off politicians on both sides of the aisle, get Bullet Ben to hold rates at zero percent for years at a time, suspend MTM...

You're way off target, not even fucking close with that tirade of yours. THERE ISN"T ONE FUCKING IOTA OF EVIDENCE THAT I SUGGESTED THAT THE GOVERNMENT SHOULD BE IN THE RACKET OF RE-DISTRIBUTING INCOME.

There are alot more "Jon Corzine's" out there than most people would like to believe. We've had more than a generation of narcisstic, sociopaths who are capable of blowing up the world economy 100x over since they've never seen a period of depressed asset prices. Their answer to everything is...