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
23,414 Blog Posts

Bank of Japan and Random Shit

I see the CEO of DHB was convicted of fraud. Many years ago, just after 9/11, one of my junior reps solicited that cocksucker in order to set up an investment banking arrangement. Long story short, my partner walked out of the meeting, infuriated after just 5 minutes, accusing the CEO of being rude, in addition to other profanities, and then went on to accuse his female assistant of farting in our conference room. Needless to say, we did not help them. It was one of the funnier stories that I am somewhat cloudy on.

One that’s a little more vivid was with the CEO of Immune Response, old ticker IMNR. One day he took a group to lunch to discuss the great many prospects that his company had to offer, all the while trying to get us to buy his stock. You have no idea how low some CEO’s will go, just to get some sponsorship. As the CEO went around shaking hands, my buddy (as he was holding the hand of the CEO) said “hey, I have poison ivy.” The look on that fuckers face was priceless. His response was one of a flabbergasted, yet appalled, man. My friends retort, just prior to ordering his lavish lunch: “hey, you must have immune response, no?”

As for the Bank of Japan playing Godzilla with Yen lovers: good luck with that, pal. Intervention is not a long term strategy.

NOTHING CHANGES.

I bid you farewell.

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71 comments

  1. College Trader

    FIG

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  2. Woodshedder

    More! more!

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  3. needle dick the bug fucker
    needle dick the bug fucker

    Those stories I enjoy.. Reminds me of liers poker. Great book..

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  4. chuck bennett

    true story.

    I heard that bitch fart. sorry, I speak the plain mans engrishy.

    regards

    chuck

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  5. C_Farley

    I posted this…..September 13, 2010 at 11:34 am

    “Target on TZA is 29.00 so I’m sure “FLY” can endure just a little more pain…..
    TZA @ 29.00 = load the freaking boat!”

    Not too shabby and 29.10 is close enough! Huh!

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  6. chuck bennett

    further more, as I remember. That weirdo was talking about knifes and karate. I thought he was going to fight your stated partner. HA HA

    I also remember people putting big coin into it a year later. My warnings went unheard for a few idiots. who of course lost much coin.

    “just trying a young guy” as your caller said. famous last words of a scam victim

    regards

    chuck

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    • Yogi & Boo Boo

      I think I worked with the assistant’s sister, though she had the amazing ability to both fart and burp (simultaneously) during a meeting.

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  7. skogie1

    Couldn’t we see the dollar rally on this news thus pushing stocks down?

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    • The Fly

      Who knows? It’s all up to the masonic brotherhood now.

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      • el chiquito mamut

        “A person who is too nice an observer of the business of the crowd, like one who is too curious in observing the labour of the bees, will often be stung for his curiosity.”

        Alexander Pope
        Published in Swift’s Miscellanies (1727)

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  8. The Fly

    “trying to help a young guy out”

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  9. chuck bennett

    scratch that. “just trying to help a young guy out” is the correct quote.

    regards

    chuck

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  10. C_Farley

    FLY, you wrote this on…..Thursday, September 9, 2010 at 4:07 pm 111

    “Within one month’s time, the market will be markedly lower from today’s closing price.”

    Question is do you still expect this to come to fuition or has this view changed???

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  11. C_Farley

    Disclosure: I am currently holding a full nutsack worth of TZA……

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  12. jimmie

    FICR

    Fart In Conference Room

    ROFL!

    A chick no less!

    LMFAO!

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  13. inandout

    Funny stories Fly ,
    Small company Ceo’s will bend ass backwards to promote or better yet get you to buy their stock so they can sell. Had a friend that just did strictly promotions for low market caps ,most them Ceo’s are the smelliest scum in the bucket.

    Good luck man hope we reverse for you and few others here, it’s up to the mason’s lol.

    In one months time from that date above someone mentioned,
    we should well below or at least went below for a bit depending on propping, lies,rules, agendas and all the regular good stuff .

    Second we turn all the bulls we be bearish TV people will say to the masses sell what they said to buy the day before, and it will start again and so on and so forth . They put on quite a show .

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  14. J

    Fly:

    Depends on the amount of intervention and if it’s sterilized or not for it to matter.

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  15. J

    ..in addition to other profanities, and then went on to accuse his female assistant of farting in our conference room.

    Is that really really true? lol.

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    • IBD

      J, who is the no. 1 subprime lender in Au? Your housing market is going to do a USA crash. You are supposed to inform us of this stuff.

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  16. Magistrate Fly

    Very true and embarrassing

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  17. JakeGint

    Venting is forgivable, but a blow off top??

    I throw down mon guantlet and say “Non, Monsieur, non!

    __________

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  18. StocksRider

    So yen falls, dollar rises. Stocks fall. But wait…fed buys treasuries. Yields go down. Equities rise. But then dollar stays strong, indicating lack of global confidence as investors run to safe haven. Equities fall. That is a clusterfuck.

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  19. Prospectus

    Indeud, “Magistrate Fly” is a title befitting a distinguished gentleman.

    Further, I would eat my own liver to work in Fly’s office.

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  20. TheV.King

    Hey Fly or Chuck Bennett

    Was The V.King and the G.O.A.T at that meeting…I forget?

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    • SteveTheNeighbor

      Yes you were all at the meeting. I recall this because all of you went out drinking that night wearing the body armor the DHB guy gave you for samples. I found all of you in a stupor stuffed in some garbage cans in front of my house. Apparently you guys and the G.O.A.T decided to take the subway to Harlem wearing the body armor and throwing empty beer cans at the homeless at the projects in East Harlem and then in the South Bronx. By the way V. King you still owe me a few dollars for the laundry bill for throwing up on my shirt. But you are forgiven.

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      • TheV.King

        Actually The V.King now remembers the meeting….LOL I walked out 2 minutes after the CEO started his presentation…

        Afterwards Chuck,Fly,the G.O.A.T and the Fly’s old partner gave me the run down and told me how it went…If I remember correctly Chuck really liked the guy

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      • Steve's Other Neighbor
        Steve's Other Neighbor

        When do you get your own tab on iBC?

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  21. WTF

    Why so harsh with that guy? After all, isn’t his, and I quote, “six-figure jewel-encrusted belt buckle designed to look like the American flag”, meant to symbolize the American Dream? Seems like a real patriot to me, kind of McCain.

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  22. Consuming Mass Quantities
    Consuming Mass Quantities

    Humbly I say to thee, thank you for all you do Sir Fly.

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    • dumas

      … while we are kissing ass… fly, I think the same thing just about every day.

      And yes Fly, you are correct once again… Trueblood rocks.

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  23. sniper6

    I suggest that was no ordinary fart, Senor Tropicana, but rather a “queef”… most likely the result of extreme excitement, at the prospect of conducting business with a personage such as yourself.

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  24. Rand

    I can tell you horror stories of the cigarette companies, ie; barbarians at the gates, from reynolds tobacco co. Those days were wild indead, with rje stocks and ceo messing around, it almost reminds me of enron.

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    • TheV.King

      You could tell us those stories…but i’d rather you didn’t

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      and I could tell you another perspective as my uncle had the exclusive contract to provide the flavor canisters for those smokeless butts … and my aunt had a private inventory even after they shut it down that she smoked till the day she died.

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  25. jg

    dont get me started on good ol’ vin gupta of IUSA; fool rocked bedroom slippers to an entire weekend of events he hosted.

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  26. bubo

    Fly, should we go eat a sandwich ?

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  27. Bo Beach

    Market tight, what is the next move? Seems imminent.

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  28. Lokapujya

    I just made a bet on a spike in volatility. Lets go VXX.

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  29. Sierra Investor

    Tthis shit is too funny. On a side note, I stopped watching CNBC last week for the first time in 27 yrs (started at the age of 9) and I can truly say I am a changed man. I justified watching it by telling myself I had to have the pulse of the herd. BS!!!! I can get that many other places in the internets.

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    • TheV.King

      Good for you…The first step is admitting you have a problem…

      You should become a member of the V.King(dom)

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  30. bubo

    I have heard that Fly is paying a VooDoo magician from Africa so the market goes down and he can unload the VXX and TZA. Please confirm.

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  31. J

    This could be seriously fucking important.

    “The Bank of Japan yesterday indicated it’s ready to support the government’s efforts, with Governor Masaaki Shirakawa releasing a statement minutes after the government confirmed the yen sales, and board member Tadao Noda saying the BOJ will allow the funds created by the intervention to boost liquidity in the system. At stake: stoking economic growth after it more than halved in the second quarter, risking prolonged deflation”

    We’ll see in two days, what it actually means. If they DON”T sterilize then it on.. The yen will weaken.

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  32. J

    Two days wit time is the settlement period in FX, so we’ll see what the BOJ does with its funds management on that days.

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  33. J

    worth reading in entirety.

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  34. HFTTradeBot

    I am heading into the Dark Pool now so that I can screw you all about 2:30.

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  35. Chris Cooper

    Gravatar test lol

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  36. Chris Cooper

    Now how the hell do I comment in the open blog section.

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  37. noodle

    I fucking love this site.
    It’s the best shit on the internet.

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  38. hubbs

    anyone have any thoughts on this – its about time to add vxx and tza yet? or wait and see if SP breaks 1130?

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  39. buylo

    ok, anybody gots some good fart jokes? (its lunchtime)

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  40. panamaorange

    We’re trapped in THREE days of volume profile composite. Id short on highs of yesterday, or buy if ES retests 1105.
    But in between, eat more sandwiches.It is unreadable here.

    http://chart.ly/dc2ni8v

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