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
21,316 Blog Posts

Check This Out

Prime outer NYC real estate foreclosures.

NOTE: Fuckers.

NOTE II: Take a look around Brooklyn and Staten Island. Out of control foreclosures.

NOTE III: Watch Yen strength today, via [[FXY]].

Good times.

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11 comments

  1. JakeGint

    Take a look around Brooklyn and Staten Island. Out of control foreclosures.

    Suggested strategy: Making a bid on King’s county, LBO-style, and then selling off Brooklyn Heights and Carroll Gardens to the Arabs to pay down debt.

    __________________

    My thoughts eggsactly on the yen. But you knew that…

    Weak open, followed by re-crapping, if this increasingly bad trend (yen v. $) continues.

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  2. Mister Ed

    I use to graze on Staten Island…”Bulls Head” area
    lots of italian phillies back then.

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  3. JakeGint

    CNN “Pre-market” page often features a video update to the right.

    Today’s first video features a piece on Fannie/Freddie Mae, and while it’s interesting, it leaves me wondering if someone told this poor woman (the interviewer) that she was going to be on television this morning?

    Also, note the “mise en scene” cuts the production uses to illustrate “housing” in between the interview shots. Very few of the houses featured look like they’d bid out at less than a million dollars. Odd, no?

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  4. JakeGint

    (double deleted)

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  5. gappingandyapping
    gappingandyapping

    Did anyone short more LEH this morning and Fly at what price would you be looking to cover?

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  6. JakeGint

    I use to graze on Staten Island…”Bulls Head” area
    lots of italian phillies (sic) back then.

    Philadelphian Italians? Sure, tons. Especially on the South end. The FBI has had “special interest” in the Scarfo faction, however.

    If you mean babes, yeah, that too.

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  7. Gunners

    i shorted LEH yesterday. looking to cover at $40

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  8. JakeGint

    IOC again “going OTB, degenerate-style.”

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  9. JakeGint

    FED and DSL continue to be “withdrawal only” ATM’s.

    Did you really get out of these shorts, Fly?

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  10. The Fly

    Still in DSL.

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  11. JakeGint

    RE: DSL

    Just to show you where they are these days… last quarter’s losses outflanked total quarterly revenue by 18%!

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