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

The iBC Summit is Complete

Well, the annual iBC meetings concluded this evening and it was a pleasure hanging with the iBC staff. As much shit as I talk about “only weird cretins deriving from the internets,” these guys are a solid bunch. Alongside Chess, Ragin Cajun, Woodshedder, JEREMY THE iT GUY, CHUCK BENNETT, Cronkite and Scott Bleier, Phil Pearlman from Stocktwits joined us for a quality dinner and good wine.

After dinner, CHUCK BENNETT led us astray to the darkest corners of NYC, where transvestites and miscreants ran wild. It was classic Bennett, bouncing from one dive bar after another. Along the way, I got to learn some interesting things about Woodshedder, such as his “trick” of placing tape on the bumper of his pickup truck and driving it through a field of crops (or some shit), in order to catch bugs. Wood says these big ass bugs make for “great bait” when fishing. Frankly, the whole idea of catching a fish that just ate a big ass cicada is somewhat reprehensible. Nonetheless, I am a hardened Yankee who doesn’t have the slightest idea of what “real country is all about.”

All in all, the people you read here on iBC are terrific people, as well as their beautiful wives, and I am not just saying that because I want them to post more in the news section. However, it’s worth noting, I would not be against them posting more in the news section—fyi.

As an aside, the iBC board has determined several of you (readers) are “underserving to live” and will be terminated “just prior to Halloween.”

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50 comments

  1. Testicules

    looks like its time to get the “anonymiser” and go stealth…and scratch up a couple new nicks…

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  2. asteroids

    Damn. Doesn’t anybody sleep these days?

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  3. Yogi & Boo Boo

    Glad to hear you had a good time.

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  4. The Idiot

    Hahaha. Awwsum. Awwsum to the max.

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  5. Big snacks

    What were the main points of concern? that omen quit.? People should not be allowed to quit trading. No one hits rock bottom when they are up 25k… At least be a man and blow yourself up first..

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  6. checklist

    I know true country purdy well…

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  7. JTU

    Was the short term direction of the Market discussed and if so was there any concensus amongst your peers?

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  8. JTU

    Stattman says Stock Valuations are Very Undemanding!

    http://www.bloomberg.com/video/73882698/

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  9. ppearlman

    an honor hanging with u guys! great food and company…. thanks for having me fly.

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  10. flyaway18

    Lobsters eat the worst crap imaginable and yet we pay the most for them.
    Can’t wait to hear what the Fly Family munches on during vacation.
    Arrive alive!

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  11. mutabaruka

    Is Bleir really a prophet?

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  12. Bullish

    A few questions…

    New section? Or news section?

    Will the new section be labeled, The Housewives of iBC?

    How much was the total bill for dinner and wine? This way can determine the quality.

    Did Jeremy The IT Guy order meatballs?

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    • ruggyup

      Bull, Ouch ! That’s a real slap on the snot locker for Jeremy. You having a bad day?

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      • Bullish

        No it wasn’t. Everytime the PPT system goes down it’s usually because he spills his spaghetti and meatballs on the server. Was just wondering if he went with the tried and true at dinner.

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      • go2mars

        Snot Locker. lol.

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  13. Woodshedder

    Thanks Flyseph. You all laugh, but every story Fly is telling is true. He did not mention the pontoon boat that picked us up at 3:00 a.m., but I’m sure he’ll get there at some point.

    It was great seeing all the crew- love all you guys (no homo). And also a pleasure meeting Phil Pearlman.

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  14. The Fly

    By the time my driver arrived to pick us up, it was raining sheets. He was parked in the most inconvenient place, in the middle of a fucking pond of water. Needless to say, Wood, Mrs Wood, Chess and I got drenched.

    Good times.

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  15. ruggyup

    What the fuck is so magical about Thanksgiving and then executions. This ever compassionate rogue writer pleads for mass mercy until after Christmas or Hanukka, take your pick

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  16. Bullish

    It’s Sunday and no rumors of any major bank blow ups yet… Time to rally. This crash was bullshit.

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    • Frog playing a colorful accordion with emotional fortitude
      Frog playing a colorful accordion with emotional fortitude

      Wow. BAC made it through another week without being closed. There’s only one bank on the closure list this past Friday at http://www.fdic.gov/ and it isn’t BAC.

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  17. Hawaiifive0

    Thanks for the report. I always enjoy it. Sounds like a lot of fun, especially when chucks along.

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  18. riggedgame

    Something is rotten in Denmark. Make that in the UK. The “Powers that Be” have BLOCKED
    all websites that give latest news on the status of London / UK r1oting and disturbances.

    Maybe that’s what all this stock market hullabaloo is about. Fear of it SPREADING to the USA.

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  19. GYSC

    I want to hear more about the bugs for fishing!

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    • Woodshedder

      Double sided duct tape. Pickup truck. Field.
      Put tape down the length of front bumper. Run truck through field.
      Harvest grasshoppers off of duct tape and go fishing.
      No bullshit- works very very well.

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      • Mad Willie Thompson
        Mad Willie Thompson

        I love the innovation. I will have to try it.

        As impressive as that is, though, I will truly honor your country credentials when you tell me you’ve been ‘telephonin’ for catfish’. Can you confirm?

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        • Woodshedder

          dude, I’ve got country credentials in spades. Still, no idea what you mean about telephonin for catfish. Perhaps you can elaborate?

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      • Logic

        Or you can go to the nearby bait shop and save the entire undercarriage of your truck.

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  20. TraderCaddy

    Not to worry Fly.
    I know how hard it would be to drive your pick up through the streets of Manhattan and catch some bugs for your fishing.
    You don’t need bugs to fish “Hillbilly Style.”
    Just grab Mrs. Fly and tell her the both of you are heading down to the East River to get some fish that is more fresh and cheaper than anything she can get a Whole Foods.

    http://youtu.be/JP5ZVrwmX0g

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    • Po Pimp

      Fishin’ hillbilly style usually involves copious amounts of Old Milwaukee and several sticks of dynamite. Or so I’ve heard.

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      • GYSC

        Noodlin for catfish, a few folks missing fingers but its still fun right?

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        • Woodshedder

          My Dad’s family is from the Ozarks. My grandpa was a noodler. My dad would shoot carp with a bow and string, as well as gar. The occasional muskrat that got in the way would be enough to make me cry. This stuff is how people ate, back then. We laugh now….

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    • inandout

      My first time I ever went fishing was on the east river, I caught a used condom and was too young to know what it was. I would not knowingly eat anything out that river or within 10 miles of NYC shore line. Caught a few red snapper out of sheepsted bay when I got older around 9 or so and would feed em to the stray dogs. Good times fishing in the dirty city waters. Hooked quite a few diapersAs well along the way

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  21. NWO club,you're not invited
    NWO club,you're not invited

    “… where transvestites and miscreants ran wild.”….Bohemian Grove style?

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  22. woodshedder's wife

    That would be known as “catchin hoppers”…and geez, you don’t eat the stomach contents you citfied fool, you fillet the darn things…..

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  23. SkyTrader

    Where are the pics of Chuck’s latest victims?

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  24. Yabollox

    A summit of more consequence than those yay-who’s meeting in Jackson Hole.

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  25. dave

    From a friend who works at a major steel manufacturer….

    Orders have dropped off sharply. Maybe it coincides with the recent market action.

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  26. Gotitflauntit

    Ahhhhhh……… luv J….. he is just adorable…..

    So glad y’all r having fun…. much needed cocktails……..

    Cheers….

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  27. JakeGint

    Sorry again I missed, but besides getting the noobs ready for school, I was planning on some thumb twiddling into Monday.

    _________

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  28. winsef

    So, I was in your neighborhood Saturday morning, Fly, and I must ask, when the heck did the hill become such a crowded, disgusting mess of animals driving wildly and recklessly whilst slamming upon their brakes for every little twist, turn, and bend in the road. I do not miss SI and its traffic whatsoever. Nor do I miss paying out of my ass for the toll. Take care, good sir.

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