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    Are financial programmers under paid?

    If you are involved in some 'well-known arb' there is nothing proprietary about this trade and then of course one good programmer might be worth more than this entire firm.
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    A Tax On Hollywood?

    Loan guarantees? They don't have to make any loans unless government wants them to. No loan for you.
  3. G

    A Tax On Hollywood?

    So whom did the media conspire with to hide the truth from ignorant masses: government or banks or both?
  4. G

    A Tax On Hollywood?

    Cheer up, TARP money was repaid by all banks. It's time to move on.
  5. G

    A Tax On Hollywood?

    Executive compensation is not the same as killing the whole industry with taxes. Just defeats the purpose of what you call 'bailout'.
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    Are financial programmers under paid?

    I doubt they are worth more if they don't understand the business.
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    A Tax On Hollywood?

    Ok, tax the car industry for each transaction of cars and car parts.
  8. G

    IB removed SPX, etc from theier basic data subscription

    So why there was no pass-along charge for the prior fees coming from the exchange: I believe exchange applies fees all the time to a broker who has access to their data. Or more likely they have free access to the data and exchange charges transaction fees...
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    How will GS make money now?

    Wall street is the economy.
  10. G

    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    Obama Seen as Anti-Business by 77% of U.S. Investors http://www.bloomberg.com/apps/news?pid=20601087&sid=a8UiI1bCRdmY&pos=5
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    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    As far as I know GS is not a deposit taking bank.
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    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    Come on, this is a free market. Anybody can step in and lend the money if he thinks it's a profitable business. Even you can do it if you decide to. Just get off the fence.
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    How will GS make money now?

    It was just a government loan.
  14. G

    Obama to Propose New Rules on Banks’ Size, Proprietary Trading

    So what are you saying: revoke the license and give it to someone else? The chances are they are not going to lend either.
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    1/4% Tax on all stock trades pushed in NY Times today

    Exactly, even vultures serve a purpose.
  16. G

    1/4% Tax on all stock trades pushed in NY Times today

    No, they are hard working worms. As the soil needs the worms churning it the markets need the traders.
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    1/4% Tax on all stock trades pushed in NY Times today

    Anything is possible under socialism, including expropriation and confiscation.
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    1/4% Tax on all stock trades pushed in NY Times today

    What I don't understand is how something ("reckless speculation") that does not add value to the economy but at the same time puts the same economy at risk? Are those people parasites? Or he just does not understand that the free markets need the traders to work properly. These people are not...
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    1/4% Tax on all stock trades pushed in NY Times today

    Buffett Opposes Obama Bank Fee, Likens Plan to Taxing Congress http://bloomberg.com/apps/news?pid=20601087&sid=a25.GDpg8dgE&pos=2
  20. G

    U.S. OPTIONS EXCHANGE REGULATORY FEE - sucks

    What does 'effective rate' mean?
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