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    How does Citibank have a 'profit' in a quarter it gets a welfare check?

    I just want to intervene and mention that I have close relatives which used to do a lot of import/export in Southeast Asia, including India. I hate to break it to you, but it is a well established fact that Indian businessmen are especially sheisty. It's a cultural thing, similar to the...
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    SEC may Reinstate Uptick Rule

    When I started daytrading with a LLC group under a prop firm, the whole group was taught to trade off the uptick rule. Back then, it was all about bullets, which Even when SEC got rid of bullets, with their regular periodical screwjob aimed at the prop & retail daytraders, there were other...
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    This crisis proved that Business Schools and Finance Universities are worthless?

    I can see you totally missed my point. You just don't get it. Re-read my post a few times till something clicks.
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    SEC may Reinstate Uptick Rule

    Ok I agree with you for the most part, but why are you crying about the uptick rule? Are you really an equities daytrader or just a poser? This thread is laughable, as 99% of the commentary is nonsense.
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    This crisis proved that Business Schools and Finance Universities are worthless?

    If you honestly believe that the heads of the banks simply ignored risk management and did not think correctly, then you are the idiot. At the end of the day, they collected massive salaries & bonuses as the crisis was brewing. Once it happened, they have trillions of dollars being given to...
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    Obamas "merit pay" for teachers....(oh i cant see ANYTHING going wrong with this!)

    Holy crap, that's exactly how executive & upper management compensation works. Obama is learning from the best.
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    Im shorting gold and I dont care what anyone on ET has to say Price right now: $1002

    He does not trade and even blew out his paper trading account. A 15%-20% is a possibility, so gold can hit $850. The buyers are waiting around $875.
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    mlm guru doug Allen thread closed. Why?

    He is going to pump & dump the penny stocks he deals with. Most likely scenario.
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    Marketsurfer says-- BOTTOM IN, time for longs!

    I assume you're using your celibate lifestyle as a comparison to make that statement? Don't make surf out to be more than he is. He is a financial writer (with some great stories) who happens to know wealthy individuals through his family & that social circle. He then helped direct their...
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    Economy isnt that bad...poor people still driving mercedes'

    Bingo! If girls did not care what kind of car guys drove, he would be riding a bicycle.
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    Catastrophic Food Crisis 2009

    Well considering that 3 billion people live on less than $2/day, I think that they are pretty hungry and close to starving. But I guess I corrected, most are not dropping like flies from starvation, only a couple hundred million are literally doing that. The rest are just undernourished &...
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    housing sale in nyc, q about 1970s.

    This is a common case in foreclosure sales. It seems that the amateurs are jumping onto these "bargains" and are getting a lot more than they bargained for. The real joke in this story is that the guy has no money and needs a loan. Same as before, overleveraged jokers thinking they are...
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    What if we did not bail out the banks?

    This is what is going to happen anyway. Except that now, it has been exacerbated greatly.
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    Catastrophic Food Crisis 2009

    Most of the people are starving to death. Just look at Africa, South American, Central America, Middle East, Eastern Europe. Even in USA, many are starving, not most, but a significant chunk. While we are on the topic, did you know that one to two years of defense spending by first world...
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    Catastrophic Food Crisis 2009

    Since this nation is about to undergo a similar period as Argentina did earlier this decade, it is wise to look back and learn from Argentina. Food crisis is synonymous with financial meltdown.
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    Catastrophic Food Crisis 2009

    Yet most of the world is starving to death. Strange how that works, huh? Food prices are not controlled by farmers and the way the process works, it is meant to destroy the small farmer and people who are able to live off & eat off the land.
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    From Credit Suisse on the new tax trying to be passed

    This is the only way this bill will pass. With exemptions it will get lots of support & lobbying for the elites of Wall Street.
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    Pharmacists making six figures

    You might want to look up statistics on how many people are killed by doctors & pharma drugs due to bad diagnosis, mistakes & complications. And take note of the trend. Most of these doctors care more about milking insurance for as long as they can, instead of helping people.
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    Pharmacists making six figures

    I'm not sure that's really it, because drug sales reps get paid just as much and they are always hiring. What you speak of affects the medical field overall, not specifically targeted at pharmacists. It the legal drug dealing industry which a very deep & sick agenda. So the dealers &...
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    mid-level mba or cfa in tomarrows market?

    LOL, neither the MBA nor the CFA will teach you how the world really works. Your average defaulting home borrower has nothing to do with Level III assets on the books of the banks. Nor do they have anything to do with the financial heist going on as we speak. As for your primary...
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