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
23,446 Blog Posts

Prepare For Merger Tuesday, Yet Again

Strip everything out and you have a clam, just a clam. This clam lowers the cost of borrowing to absurd levels and just sort of sits there, like only a clam would do. The market goes haywire, inflation riots set shit ablaze overseas, and the clam just sits there. Oil presses against $100 per barrel, cotton through the roof, sugar, corn and all metals through the roof, yet the clam just sits there. If you think about it, “The Clam” is God (CIG), setting things in motion, then plays absentee landlord, whilst atomic bombs detonate over small cities.

The Fed is behind the curve. Naturally, interest rates should not be so low; but here we are minting money for the benefit of the banks. Spreads have widened out and stock market capital gains are making people rich again. Dare I say, this is a perfect time to be a banker.

Speaking of which, it’s none of your fucking concern how much money Wall Street fat cats make. Do not compare these egregious and beautiful profit centers to the salaries of idiot NYC teachers or retarded firemen, across the nation. I will have you know, the people who are collecting their giant sized bonuses deserve it, for they made their company lots and lots of money. Quit pandering to the communist malcontents in the media and grow a pair of balls, would you?

Thanks.

Into merger Monday, I am not selling a damn thing.

Top picks: BORN, KNDI, TEX, PH, SFLY

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17 comments

  1. goat

    love it!…but the market is closed on Monday…will there be mergers on Tuesday?

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  2. Testicules

    What was the latest comparison…
    Ahhh yes…A brain surgeon to an Oil Trader…”OT” wins

    betcha a Porn Star beat a brain surgeon too…

    NEVER MIND

    What were you expecting?…FIG??

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  3. MOOBER

    How about a late day rally?

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  4. The_Real_Hmmm

    I’d love to see a Samsung for WFR takeover at $19+ and a Canadian bank for STI takeover at $43+ over the weekend.

    Gentlemen, start your Windsor knots.

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  5. The_Real_Hmmm

    My stock of the year NANO is charging higher today like a wild boar through the fucking forest. It intends to eat your pigs AND your truffles, out of your dirty fucking hands.

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  6. Yabollox

    Wall St. should not have to pay taxes either. So they can make more money. Their money makes the economy work.

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    • J

      There was a very good piece the rich should not pay any income taxes at all as they use the least amount of government services and allow those earning less income to have jobs who in turn pay taxes.

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  7. Quint

    For the first time in months, I’m going to be net short going into next week….

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  8. mrkcbill

    What is Mozillo aka “Burnt Toast” doing at this very second?

    A. Tanning in a salon
    B. Tanning at the beach
    C. Applying Tanning cream
    C. All Of The Above

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  9. TraderCaddy

    Don’t like the market price action today.
    Thinking of taking out my orange trees to plant cotton,corn and start digging for rare minerals.

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  10. rookie

    if only we had an uncle ben like the banks do,,,

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  11. NYC teacher

    Do you mean that NYC teachers make a lot of money? LOL

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