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I guess Blankfein screaming "Do what I say or you'll be working for a money center bank soon" has gotten a whole new twist now :cool:

I guess not: "Publisher: Random House (December 4, 2007)"

What are your entry prices?

Jimbo has also been short 10y bonds since a year, long CHF, long JPY, long China stocks. It's not like all his traders are guaranteed winners, although he acts like they are.

Would you say the same if you used Lehman as your broker and you couldn't get access to your trading account now and instead would be talking to PWC on how the audit is going?

Unfortunately, they can't buy much in Europe with their 8 EUR hourly earnings. Thanks to insane taxation, social security costs and constitutionally legalized socialism living expenses eat up the high relative gross wages. 2008 BMW M5: 100k EUR in Europe. 100k USD in USA. Gallon of gas...

Should teach all those "most options expire worthless = risk free money" guys a good lesson.

Excellent trade. Congrats :cool:

Why complain? Take a loan on your house, load up the boat with SKF and make millions. This is the politicians handing a GIFT to a contrarian bearish trader like yourself.

I heard he put up his old CRT monitor for sale on Ebay in an effort to raise fresh capital.

I believe http://www.linnsoft.com has a Mac version of their Investor RT.

That's hilarious! $450m down the drain.

No idea if all problems are solved with todays rally.. all I know is the market will bottom way before all problems are solved. Today or in 6 months or in 6 years.

hehe I went to the gym around VIX 36 myself! Good to get away from the screen before I get emotional and do something stupid that isn't according to my plan.

Certainly a day to remember, that's for sure.

I'm short a hand full of small regional banks and they were all up like 30% today. Great! :cool:

I agree with the OP in principle. This would mean however that every large public company would have to keep a war chest of say $3-4bln in cash so they can take themselves private once they are under attack by the shorts. That wouldn't exactly make being public very attractive from a capital...

Regional banking ETF KRE +10%. Up 70% from July lows. Insane.

So who bought with both hands with VIX > 40? I remember many were waiting for it.

Putin: "Why it's closed? Because I said so!"