After such a successful year of raising capital, the CEO’s of our banks deserve some TARP money, deposited into their checking accounts. Granted, most of them are already worth 100’s of millions, they still need more.
I’m so glad, we as a nation, understand the emotional duress these “Titans of Industry” have undergone this year. For the love of cheese and grapes, the credit crisis was NOT their fault, but some egregious poor folk who reneged on their fucking home loans.
All of a sudden, everyone is picking on poor old John Thain, for taking a meager $10 million dollar bonus. As the great Dennis Kneale just said on CNBC, “MER makes like $10 mill every 20 minutes.”
Why not give Mr. Thain 2-3 hours worth of MER revenue? After all, getting that BAC for MER deal signed and delivered must have taken at least 2-3 hours of his time, no?
In the spirit of Christmas, let’s forgive the banks for destroying American capitalism and let’s give them a fucking bonus, for the love of Christ, taken directly out of the TARP funds.
Quit being so stingy.
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Fly is God
The Fly is God.
Kidstock!
Kid one.
Good battle.
Hehehe…never was first before! Too much time on my hands today.
The Fly is God
^^ Okay, that’s getting ghey. ^^
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Glad to see you came out of your “three visits” in one piece, Messr. Scrooge.
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You’ve won this round. We will meet again, Kidstock.
I wonder if The Fly has a time stamp with the seconds included. I couldn’t have been more than five seconds late.
God is a winged insect
Oh….so you want a piece of me? Game on!
Fly…short GM to 0?
“good mood” stocks:
CHK, NOV, ERX, NRP, OXY, SLW and even CBL.
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Pissani is an Italian Dennis Kneale.
pn,
No, Pisani can be annoying, and he overuses the world “quibble” but he’s in a completely different league than Dennis Kneale.
Dennis Kneale seems to be CNBC’s attempt to bring “lively discussion” to the otherwise quiet Power Lunch. They just underestimated what a dick he is…
-DT
Jake:
I am going to “wake you up” soon.
SAN FRANCISCO (MarketWatch) — The creation of a “car czar” to oversee the federal bailout of Detroit’s car makers might trigger what’s known as an event in the vast market for credit-default swaps, prompting holders of General Motors Co. and Ford Motor Co. credit protection to demand payments from their counterparties, analysts said.
Such an event is also likely if a federal bailout falls flat and either company files for bankruptcy, as many investors fear.
I am going to “wake you up” soon.
Looking forward to it.
In the meantime, I think Rag owes us a brief essay on “what karma-oddities” to buy (very quietly)” from the Desk of Signorelli Bilderberg.
Can you get him on the blower?
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Credit Default Swaps protect against default, not czars.
Wow Dennis Kneale, those are some ballsy calls… not so much
Jake, lay off the crack, son, you be talkin like a crazy mofo!
Pissani has one theme that some trader fed him and he repeats it all day–doesn’t have one brain cell in the meatloaf.
Excuse me … I’m gonna jump on my soap box a moment.
What a fucking sham. Gawd Dammit, I hate harping on the same shit! But this subject pisses me off. These motherfuckers threw our economy into major peril. Not only should they not get any more money, they should have to pay back most of what they received since 2000.
These motherfucking scumbags, bonused themselves on 30/40 to 1 leverage, and when the music stopped, they simply stepped out the back door. That cockroach, Dick Fuld made half a billion since 2000, and he gets to keep it. He’s gonna pass this money to his offspring, and our offspring is gonna pay for it.
Okay, I feel better now. 8)
One more point. John Thain is a lair. He’s lied since he took control of Merrill.
pn,
This is totally true… Pisani repeats himself all day. But I’ll still take that over Dennis Kneale, who comes up with new, annoying shit constantly.
-DT
Listen, facts are facts. In November I called the new lows when all of you here just laughed. Who was right? ME. I already explained why there will be new lows this month so go back and read it again. I expect a major crash this month. In fact, on the key that I’m using it should hit it’s high today on day 42 and then reverse. It is possible it will hang ten until day 49 which coincidentally is Friday 12/19 which is triple witching. After that we are going DOWN DOWN DOWN TO MUCH LOWER LOWS.
Anyone else notice the head and shoulders pattern on the SPY today? Could be another sell-off this afternoon.
Where would the USA be if we did not allow some of the following Dow stocks to fail:
US Leather
Pacific Mail Steamship
Standard Rope and Twine
American Smelting
Central Leather, etc. etc.
Let GM fail, I say.
@Donny
’tis the season to be jolly, but I agree they should get nothing except maybe a Magic Jack.
DD,
I think we’ve had one too many catastrophes recently. We’re taking a break. Stuck between 8600 and 9000 for the near future. Volume fizzling out. The recent highs (9k)and the recent lows (7500) are gonna hold for a while.
-DT
Zombie – Congrats on officially coming out, good luck with that.
Shit, Dog, you been callin for new lows since 1922. You’re fuckin crazy! Shortin 285% and shit in November. November lows were 20% ago – how you like my dick now mofo?
Take her down Captain!
Merlin has spoken.
Poof!
There goes your “rally”.
DEVILDOG: Welcome back from your vacation. Just in time to save the market from turning negative.
VIX trying to make a stand.
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p03196561647&a=153385541
Bought more FAZ under 40, SRS missed my bid by 2 fucking cents, FXP is a fucking meat puppet whore manipulated by frightened ChiCom bureaucrats and Donny is right about making the Dicks give back comp “earned” since 2000.
The c-level managers and boards of the financials taking bailout money need to lose 90+% of their wealth before a taxpayer loses a dime.
Fly continues to commit egregiously good bloggery.
By Woodshedder’s Roomanian (sic) goatee, I will see my iETFs turn to the color of money, albeit just in time for the Apocalypse.
Daddy’s busy today. You kids play nice.
Market soon to rally on on bailout money being used to make all rims on vehicles in chrome for better sales
This is first on the list of the auto overlord soon to be annointed
I’m the guy who took 4mgs of xanax and 400 shrs of SKF at 105
now accepting applications for my cronies to follow me in my use of antidepressants and iETFs
Jake, lay off the crack, son, you be talkin like a crazy mofo!
That’s how I talk when I’m drunk with money, what can I say?
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FYBYD — don’t be so hasty.
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fizzers