Still Developing… (insightful post NOT pending)
UPDATE: CNBC is a fuckery mockery. Just know, I am set on giving the whole staff of fucktards over there one giant asshat award—starting with that shill Jim “the midget” Goldman. Also, it’s worth noting, in Goldman’s predictions for 2009, he stated that AAPL shorts would get squeezed in ’09, once the ‘ridiculous rumor mongering’ was put to bed. How much is AAPL paying Goldman to say this shit?
UPDATE II: Don rocks out!
[youtube:http://www.youtube.com/watch?v=33k_S2SgvEM 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter
The Zombie is a zombie
I hope this means you’re actually going to get some sleep tonight Fly.
Fly,
I keep hearing about oil tankers being used to store off shore. What does the future hold for their companies (ie FRO, OSG, SFL)?
I thought Polaroid went outta bidnez
Steve Jobs just croaked. Nasdaq down 4% tomorrow.
Is that true or you’re bullshitting?
If you’re bullshitting you ought be banned and your IP sent to the SEC.
Japan is getting California-rolled, China is getting fed to the dogs, and Hong Kong is being teabagged.
Come Friday’s close you will be on display in the Museum of Natural History tagged ‘Tradersaurus Wrecks.’
j, I think it’s BS and additionally in poor taste. Maybe somebody got lost on their way to the Yahoo message boards?
Fly Teevee developing…
Developing…
______
“You people, you sit there… you’re in for one helluva surprise.” – Christopher Walken
I hope FLY is about to get long my stocks
AFAM, AVAV, AIPC, SWHC
Fly,
I’m surprised that in one of your more surly moods you haven’t posted a link to the Deftones’ Crenshaw Punch/I’ll Throw Rocks at You
I think this is the perfect fit…
Jake,
You following Fly on Twitter???
Asian markets are like the good old days of November.
In other news, there really is life on Mars?
http://www.thesun.co.uk/sol/homepage/news/article2133475.ece
B.E.A.utiful
Why is the scientist commenting on Mars look like he should be an expert on Star Trek too and WTF is with the spots on his hand???
The only thing the south is good for is army recruits and trailer park gift cards.
Old people always have spots on their hands. ‘Cause they are all aliens, from Mars. Hot chicks are from Venus, I wish we could send a probe there, (though Mrs.Fawr is plenty hot, and produces less atmospheric pressure). Anyway, I just wish there was more intelligent life on earth, and couldn’t give a fuck what lives on Mars.
Just looking through the ‘dictionary’, just wondering, does anyone else here know the ‘FUPA’ as a ‘gunt’?
The scientist is actually made up to resemble a Martian. Prior to makeup, the scientist looked like Sophie Marceau:
http://i227.photobucket.com/albums/dd81/jasonbellevue/Sophie_Marceau.jpg
Very low level of FUPA on her, Thunderpup.
I love water sports.
I liked Don’s purple guitars…that said to get good you have to spend too much time alone…Fly don’t tell me this is you as I’m not inclined to believe it.
I’m gonna go check if the wife is still awake. Nite.
El Tiberon, you don’t have to be good to sound good. Sometimes the simplest melodies can be the best. So not too much time alone.
Waltzinblack
Low FUPA indeed.
Enjoy, Dog.
I like your tirips, MOOBER.
How can I be DON and Fly at the same time?
That’s idiotic. Plus anyway, I’m much better looking than he is.
Looks Iike I’ve been hijacked again. DD, too, since I know he doesn’t like water sports – he likes motor sports.
So to you, godforsaken plagiarist, enjoy your golden shower tonight.
Check for chlamydia in the morning.
True love = It hurts when I pee on you.
Guys, the midget got mad punked by Dan Lyons of Newsweek…hilarious
http://www.youtube.com/watch?v=g47goge2S6I&eurl=http://www.alleyinsider.com/2009/1/fake-steve-jobs-banned-from-cnbc-for-life&feature=player_embedded
Yap, you know the old adage Thunderpup: “You can’t get blood from a stool”, oh, wait…
El Tib —
Of course. I’m all up in that Twittershit. I follow all the fools on this biscuit.
________
What’s odd is this — Fly on Twitter just said the same thing Thunderpup said here.
Odd, no?
_________
Confucious say man who divulges link to 2 girls 1 cup video is stool pidgeon.
This guy set the precedent for asshats … the first to be caught swimming naked when the tide went out as they say:
http://www.azstarnet.com/sn/byauthor/246612
>> Israel’s SUV was found abandoned on a bridge over the Hudson River north of New York City with the words “Suicide is Painless” — the title of the theme song for the television show “M*A*S*H.” — scrawled in dust on the hood. <<
In MASH, as with this asshat, the character faked his death thus leaving a telling clue for police …
Then there’s this guy, Adolf Merckle, who blew up an empire being short VW and opted for the train rather than live on the few billion left after his short squeeze and debt problems ….
http://online.wsj.com/article/SB123125518158857415.html
At 74 wouldn’t some prozac and the remainder of his 9 billion keep him cozy or was the receding tide about to uncover more surprises ….
You can follow my mobile ramblings via my twitter bullshit
http://twitter.com/The_Real_Fly
There you go.
CHECK OUT this new Neil Young music video. FORK IN THE ROAD “There’s a bailout comin’ and it’s not for you. It’s for all those creeps hiding what they do”. AWESOME! I love Neil Young’s songs and his social comentary. Once the music industry starts goin’ after this crap a lot of clueless young people start to get the picture. The REVOLUTON is starting.
http://www.neilyoung.com/forkintheroad/forkintheroadvideo.html
Looks like he’s holed up there in Montana … your neighbor? Too bad they repo’d his plasma flat but sheet, he won’t be needin’ that once the rev starts ….
Fly – have you considered embedding your twitter feed at the top or to the side of your blog? Pretty easy to do.
FREEBIRD!
Go Don!
http://globaleconomicanalysis.blogspot.com/2009/01/cre-loan-distress-levels-escalating.html
CRE blowup
cajun trader rockin out
http://www.youtube.com/watch?v=giAzopSy-g0&feature=channel
recently every time a major central bank lowers rates the stock markets drop. Lets see what happens with the ECB today.
pdf … that kid is berry good
fm Reggies blog
Hi Reggie,
I just met with an industry analyst on the insurance sector. I found him very informative-his comments were much in line with what you have been saying on your blog although his published work would suggest he was very bullish on the group. I thought they would be of interest to your readers in addition to comments that you may have as to whether he is on target. Much of this you’ve already said, but it was interesting to hear it for a different perspective as well. He also had important comments on their annuity products that maybe aren’t widely known.
Basically, he believes there is significant risk that many firms in the industry will need to raise capital (including HIG and PFG). The simple story is that they are heavily exposed to CRE and the companies have yet to record any losses as other than temporary impairment. The companies are assuming near zero loss expectations on their CRE portfolios, which in this environment is unlikely. Moody’s has already moved the companies to negative watch, and a downgrade forthcoming is anticipated. Any downgrade will mean they will have to raise additional capital.
While much of this story is known by the market, and to some extent priced in, the companies also face significant problems with their annuity products. Over the last few years, the insurance companies have been in a escalating war for annuity clients and have written more aggressive policies that guaranteed the customer all the upside with complete downside protection. These products are requiring the insurance companies to have greater amounts of equity backing up the annuities as the guarantees are farther and farther underwater. Some investors recognize this problem and the need for more capital on the equity annuities but the same issue applies to the fixed income annuities. Fixed income annuities made up as much as 30% of total annuity sales for some insurance companies.
He thought there was a decent chance that the insurers would post a good (bullsh*t) quarter this quarter, but by June the situation would most certainly catch up with them as the regulators, ratings agencies, or their accounting firms would require the insurance companies face up to the required write-off and capital needs.
I wanted to pass this on to your readers and of course any input from you is always appreciated.
Christopher Atayan
Bank Of America:Their Core Competency Is Capital Evaporation
1/15/2009 7:00 AM EST
Bank of America is in a very difficult position right now. They have an awful track record integrating acquisitions in a way that makes sense for the customers. As a result they have resorted to become a serial acquirer to fill in the business that evaporates. This more than anything else is why there is so much downward pressure on the stark.
There is absolutely no doubt in my mind that they will destroy the Merrill Lynch franchise, the same way that they did with Continental Bank,US Trust and are presently doing with LaSalle. Unfortunately the absolute size of these blackholes is now catching up with them.
I don’t believe this is a case of incompetency. The banks CEO is extraordinarily hands on and an active player. Unfortunately there is a my way or the highway mentality that pervades the institution. Todays customers whether they be business or consumer want to be treated with respect and unfortunately that is not something Bank of America is strong at. As a result the customers and their capital evaporates.
The SHUT THE FUCK UP about it and don’t watch it.
You fucking retard. You complain what morons they are and yet you STILL watch it.
That makes you a bigger fucktard, Fly. Shit. Like stepping and shit and taking a lick to make sure it’s really shit.
Best go long on a few positions today……
All I want to do is go long again. I need help. After 3 days of getting my fingers chopped off one by one.
Douchie, you just don’t get it – the enjoyment is in the complaint – watch CNBC so you can complain. Bernie Madoff must have the SEC serving as his lawyers – after all, Bernie was an SEC advisor – you cannot make this stuff up – it is real.
BAC is going the same way as Citi. Getting its teeth kicked in. Thain is a smart fucker he knew that Merrill had too much shit to digest! Lewis is the fool. Thats one for Thain and 0 for Lewis.
It’s better to be lucky!
AVAV bought yesterday
Sir Douche
I am forced to watch CNBC, since their fucked up reporting moves markets. Sad but true.
GS shitting the bed. T MOE wins again.