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This? Free Lunch Here! All kidding aside, that "free lunch" is better than what you're suggesting.

They weren't speculating. They provided risk management via CDS. They were the insurance. What they had no business doing was providing insurance against obvious mass defaults. But since everyone just cares about lining their pockets, why bother actually running the company like it...

If you know anyone who works at AIG, bitchslap them.

Insider trading??? :confused: :eek: :eek: I'm shocked beyond belief.

Ahh, you're just a hater who missed the run up and hence needs to lash out. Tsk, tsk, tsk, gold is not dropping like a blown up bubble, what a surprise. You called it a bubble. Last I checked, a 10% pullback is not a bursting of a bubble. No I have not been screaming anything...

A bailout from Obama

Strangely, this government nor the big corporations follow that logic. The banks certainly don't. Nor do the execs who run those banks. Neither do the big businessmen nor the ultra rich. Something to think about.

I think it's obvious what Medallion is doing just from that sentence alone.

You remind be of the perma bears who scream how right they were whenever some bullish stock makes a pullback. You see a small green open P&L, while the other side is sitting on massive gains. I bought my position in the high 600s and 700s, while you're getting all excited about what, 20...

Just read the cardholder agreement. It is stated clearly. And it has happened, contrary to your belief. Bottom line, you think you have a guaranteed 0% borrowing cost and you're wrong. At the same time, you think your savings/MMA or checking interest rate is guaranteed. It is not...

Did you cover? Do you plan to? Do you even have a target? Where did you short? I know it wasn't $1000. Gold is at $950, around the same price you were talking sh*t?

This is not a complicated concept. The Credit Card company reserves the right to identify you as a default risk and hence raise your rate at any time. If a different creditor puts a negative remark on your credit report, you are at risk. If some junk debt buyer decides to place a collection...

No, it won't. What will survive in NYC is the playground for the ultra rich. But it will become similiar to a third world country. Think Brazil. There are ultra rich who are in constant danger of being killed or kidnapped for ransom. There will be lot of vacant space. The city is very...

You honestly believe food prices went up only 3% from 2007 to 2008? I keep track of this and it's 10-15% a year depending on the item. Some items undergo regular 20% increases for the past 5 years. Here is something I found quick: http://www.thepeoplehistory.com/70sfood.html Now go...

But yet you trust the government inflation numbers, because they would never ever massage their numbers & misrepresent the truth. Real wages peaked in 1970s, I have seen multiple studies on this, not by the government, obviously. Sorry if this pisses you off, but it's the truth. Looking at...

Oops, I meant innefficiency. Regardless, this is good news to any professional daytrader. If they pass this, I might actually look into daytrading again, even a little bit.

Very believable as Ted Turner is known for doing this as well. Except that he uses the conservation angle. Water & water rights are going to become very important in the upcoming years.

Do you get out of the house or do you just watch MTV all day long? You have a good point with the Bling Bling culture attitude, but applying it as a broad statement to all of USA simply shows your ignorance. I do think it affects the early 20s & under crowd a lot more than the rest of the...

I think it's funny to see so many on ET complaining about this. It shows how many have not been in the game for over a year. Any trader who traded with and without the uptick rule would be smiling at this. Except the automated systems traders. All those extensive arguments & studies are...

Wind does not perform anywhere near estimates. There is some use for it, but overall, it does not work well. Net effect is bad for the environment, nowhere near worth it for the energy it produces. The real issue is how it produces it. Most, if not all, of the US projects are just about...