iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

iBankCoin Introduces…

Our latest executive member of the iBC team. Everyone give a healthy round of applause.

pelican1
CEO of iBANKCOIN Security Forces, Mr. R.W. Pelican

Famous for saying: “Fuck you, you’re banned”

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33 comments

  1. chessNwine

    I think you reached your tipping point today, with all of the shit you had to deal with in your comments section. Between Pelican and Merlin, they’re all going to get godzilla raped now.

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  2. The Fly

    Mr. R.W. Pelican is making some sweeping changes to the site. Stay tuned.

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  3. lindsay

    Another outstanding addition to your team. Great pick for a difficult yet essential job.
    Clearly well vetted. http://www.youtube.com/watch?v=3jBJs9pnTDc

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  4. DPeezy

    What the horse?

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    • Danny

      you’ve obviously heard of the old “make a pelican the largest shareholder to avoid liability before doing something egregious” trick haven’t you?

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      • DPeezy

        I’ve grown accustomed to iBC doing many glorious and gentlemanly things. “Egregious” fills me with some trepidation.

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  5. Dubz

    Golf clap.

    Most appropriate attire for such a prestigious position.

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  6. Prospectus

    Jake,

    I may be mistaken, but I thought Bow Tie was referring to CNBC as teabaggers in the Ricky Martin sense rather than the Paul Revere (and the Raiders?) sense…

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    • TheArtist

      Revere mainly made the spoons that stirred the tea……

      ha.

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    • JakeGint

      LOL.

      I think you are confusing CNBC and CNN … what is Gloria Vanderbilt’s son’s name again? The Shark Rassler?

      _____________

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  7. Rand

    This in hopes that the changes do not alter the spirit of the site.

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  8. Heaterman

    Fly I think you are making the right call with keeping things a little “close to the vest”, probably blue to match the blazer but I have digressed already.
    I live in a little town that over my life has been largely unaffected by all the boom and bust cycles the economy and market have taken. People here tend to be pretty damn resourceful and self sufficient with a prevalent undercurrent of “screw you, you dork” thrown in for good measure. It’s different this time. People are fearful, small businesses are hurting as never before reporting sales down 20, 30 even close to 50%. I have never seen that. Right now there is not a single building permit for a new home pulled in our entire county. Never seen that either.
    I’m clerk of our township and as such have my finger on the pulse of our local economy as well as what is happening in the state. Our constitutional sales tax revenue sharing is down about 12% . This number is based almost solely on revenue generated by the state sales tax collected and even with the supposed boost from cash for clunkers barely showed a blip last quarter. The public mood seems to be, “even if I had money, I wouldn’t spend it right now.” People are fearful. They have lost all faith and trust in our federal and state government. I thought we were going to have a mini tax revolt on our hands at the March Board of Review meetings due to the sheer number of property tax protests that were lodged. We have never had more than a couple in my time as clerk. (14 years) Housing around here is still resetting and going lower. A 5 bedroom 2 bath house on 10 fenced acres with a nice horse barn and an additional barn/workshop just sold for $70K. I would say that place should have sold in the range of $175-200K in a normal market.
    Things are not normal even for a downturn.

    Color me ….waiting…….cause it feels like it’s going to happen.

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    • mrsbuttons

      that’s quite a haircut – where do you live?

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      • Heaterman

        Northern Lower Michigan about 50 miles SE of Traverse City/the Gold Coast. Yes, other than living in a beautiful area where anyone in their right mind would want to retire, Michigan blows chunks right now.

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    • mrkcbill

      Fly will spend $70,000 on landscaping this spring……odd no?

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      • JakeGint

        What state are we talking about here? Michigan??

        _____

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        • Hammy

          Sounds like northern WV or somewhere close by in the Ohio River Valley

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          • MX2101

            In my area (east of Washington DC) mostly condos are less than 150K. Waterfront listings are down about 10 percent on the ask price, and many are on the market for a long time, 100+ days.

            One top of market waterfront listing is a 10 million ask for a place that was last sold for 1 million ten years ago. It remains unsold for 467 days. In a modest suburban neighborhood, 200K buys a wood shack, meaning a tear down and higher completed project price.

            I would favor an older home though. Most new construction is like sausage, once you have seen it made you lose your appetite.

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        • Heaterman

          Very astute guess Sir Gint.

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  9. Bow Tie Fucker

    OK, we got our 40 point gain in DOW. Why not fking close the markets now and ask those teabaggers on CNBC go home?

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  10. Henry Ford

    “You can have any sized rally you like as long as its 40 points”

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  11. Rigged

    Good morning!!

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  12. Ten Jedd

    MVIS pivot in here. You still long Fly?

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  13. YaBollox

    Applesauce!

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  14. wilmer

    Mr. Pelican appears to be all business.

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  15. Anthony Brown

    Australian Pelicans FTW!

    You know he’s long the AUD/USD (or FXA for you etf players) – mineral wealth.

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  16. Purdy

    Free everything for everybody!

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  17. allan

    does pelican have a premium site to promote everyday too? welcome!

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  18. mrkcbill

    m’s doing the heavy lifting today

    Topic vxx
    srs & ung dressed in dockers and blue blazer
    discuss
    holding

    the
    bag

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  19. AMG

    another piece to SGG puzzle: El nino

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=armv.stmd_ZQ

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