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
23,441 Blog Posts

BREAKING NEWS OF THE HORRIFIC VARIETY: Goldman Is At It Again

Early reports indicate the vampires at Goldman Sachs are readying to suck the life force out of the world and transfeur it to its moonbase, which by the way was built USING TARP FUNDS!?! Here at iBC, we’ve documented, over and over again, Goldman’s obvious intent to mush the faces of lower class American tax payers with lumpy mashed potatoes, by way of “heavy duty” short selling, specifically in “401k favorites.”

It is a well known fact, the vampires at Goldman are in fact making markets in stocks. On top of that, some people have actually seen some of their fat faced traders execute short sales. Folks of middle America and of the bible variety: DO NOT LET SUCH TRANSGRESSIONS GO UNCHECKED!!!

We at iBC have done our part in documenting Goldman’s fuckery, via the fuckers who told us they got fucked by the caped vampires over at “The Sachs.” Let it be known, true Americans shall not stand for this type of bastardization any longer. We shall rise up and take our money out of banks, in exchange for large gold coins or heavy silver bricks. We will buy ice cream, from ice cream trucks, using bouillon; it is the future, indeed.

We will cancel our telephone service, in exchange for “The Magic Jack.” Folks, do the math: you’ve been raped by Verizon 20 ways till Holy Sunday.

Good cross kissing folks of the confederate, let us all sing a prayer for a successful nuclear detonation, by our good friends in N. Korea, on American topsoil, so that we may rid ourselves from such “illegal” banking executives. Post nuclear holocaust, we will all become friendly farmers, who pick beans and readily chop each others legs off— with pitch forks and shovels— in order to settle territorial skirmishes, fighting one another over idle bags of Scott’s Miracle grow. That shit makes your carrots grow cartoon big.

In short: Fuck your banks; I’ll see you next time.

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61 comments

  1. TheArtist

    Dennis Kneale is an idiot.

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  2. MOOBER

    So, go long GS?

    Seriously are you drinking, cause that made no sence [sic].

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  3. The Fly

    liar.

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  4. MOOBER

    Ok, now I know you are lit, grieving your beloved Mets’ embarrassing loss.

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  5. The Fly

    I fuel my time machine with epic Met losses.

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  6. Treepart

    That was no ordinary loss. That was a baby seal clubbing at it’s finest. Your time machine is good to go for another week or so.

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  7. MOOBER

    Indeed you do.

    What’s this I hear about your plans to move? Tired of Steve?

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  8. The Fly

    Tired of NYC.

    Tree:

    The Mets are epic loss machines, better than a Broadway show.

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  9. MOOBER

    Leaving the area entirely? For some reason I thought you lived in NJ, not the city. Coming south?

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  10. Ryan

    I play laser tag fully clothed in mirrors.

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  11. elditto

    The Fly is moving to Kansas.

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  12. The Fly

    I live in Staten Island, home of the meatball hero and aspiring mafia hitman.

    I am looking to move a little south, not too far.

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  13. The Zombie

    The Fly is God.

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  14. Cuervos Laugh

    Nice and ironical even…

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  15. JakeGint

    Nothing to see here, nothing to see.

    Fly’s just gotten a little emotional about his Mets.

    Luckily, he can soon start rooting for the Buck’s County Amishmen.

    Or the Phils.

    Anything’s better than forking to B’berg.

    _______________

    Actually, he just finished reading The Road and he got inspired.

    _________________

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  16. JakeGint

    No, no, that is not true, that is NOT true.

    This. This is true.

    The truth is this:

    Fly is angry Steve got one of these ostentatious showpieces first.

    ______________

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  17. Woodshedder

    Fly, we’ve saved our best Dixie Outfitters t-shirts for you and the family.

    Your outdoor fireplace is ready, complete with a sheet metal grill top for roastin’ oysters.

    4-wheelers are gassed up and ready to go.

    Cane poles have adequate line with bobbers already attached.

    We will begin your re-education upon arrival.

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  18. j

    Staten Island? Really?I thought you once said “Crooklyn”. huh.

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  19. The Fly

    i grew up in bk.

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  20. GA

    Yep, I love DEVILDOG Mondays.

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  21. j

    oh okay… that’s where it came from….

    Yippee: It’s Monday at the Dogs…. I forget, are there dog races in the US like here in OZ?

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  22. Fly's Neighbor Steve
    Fly's Neighbor Steve

    Are you moving?

    Holy cow. What would happen to our neighborhood?

    No more cuss words, no more hitting on big fat women…imagine the possibilities.

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  23. deez

    lol @ jake… love the goat tower

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  24. daniel

    j,

    the company that you mentioned last week owning lots of agricultural land… is it AAC? australian agricultural co?

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  25. j

    yea Daniel.

    Sorry I think i may have screwed up the symbol.

    There has been a lot of management and board quarrels however I think they could end up getting resolved. Some of the properties are really good quality and I think the assets are worth much more than the price which has been discounted quite a lot for having a volatile share register.

    It’s a long term recovery play i think.

    there was an interesting stat that came out last week.

    The national sheep herd has fallen from 100 million to 60 million as a result of drought and low prices over the last 15 odd years. This is quite a drop and we are starting to see price of sheep meat begin climbing.

    I appreciate the AAco doesn’t raise sheep as it’s a cattle rancher but it just goes to show you that protein production/reserves have fallen.

    Meanwhile protein demand is going up smartly around the world.

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  26. crude_oil

    FLY IS MOVING TO JERSEY.HE WANTS TO LIVE NEXT TO CRAMER.

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  27. dave

    It might get ugly in a few more hours. World markets are down except for China.

    Mish has a new article up on railroads. I’ll provide a couple of tidbits.

    ‘The economic slump has idled about 70,000 Union Pacific railcars. Back to back, Union Pacific’s idled railcars would reach from Seattle to Albuquerque, N.M.’

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  28. ZenProfit

    The Fly is moving to Jersey to be nearer Six Flags:

    “Deep in Debt, Six Flags Is Bankrupt”

    http://tinyurl.com/mwhfn5

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  29. j

    Dogs:

    We’re waiting. Get on with it. Tell us what you really think.

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  30. TraderCaddy

    Fly’s new neighborhood (if he can get the financing).

    http://1.bp.blogspot.com/_orkXxp0bhEA/SjWO7rljMwI/AAAAAAAATMs/PyxwqbLdlNk/s1600-h/090614-red2.jpg

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  31. gappingandyapping
    gappingandyapping

    Woodshedder, your post reminds me of old times when I lived in the right half of the US. Now I am stuck in Yankee land freezing my ass off with no access to sweet tea and hush puppies.

    So its Monday and DEVILDOG should be howling about with “New Lows Soon.” So far looks like he may be getting his wish in the early goin. Now if they can get the ES under 920 then it may matter.

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  32. j

    Gap:

    He’s just playing hard to get. He wants all us of us to say we miss before he posts his new low comment for the week.

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  33. mrkcbill

    Lets face it….”The Magic Jack” will shortly be the only thing left.

    Went to the Royals game yesterday…the city sunk egregious money into the stadium…there is a fucking L.E.D. light in every inch of that stadium. I think Fly is right on with this glass works play. What is the play CREE? GLW? FMCN?

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  34. TraderCaddy

    Who has a landline these days anyway?
    I added free unlimited long distance call to my cable provider (and wireless provider) for $10.00/month for one year and then $20/month thereafter.
    AT&T were thieves and Magic Jack received bad reviews (Google it).

    mrkcbill- I am waiting for $1.00 hot dog day in a few weeks to take a drive to St. Pete for a Rays game.

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  35. j

    Who has a landline these days anyway?

    ummm me. Dude I regressed. I was always the picture of gadgetry in the 80’s and 90’s-Reuters pocket watch, later a cell phone. Now I don’t even carry my phone around and just use it as a car phone in the car. Most of m,y calls are from a land line. I can’t ever recall to take the cell phone with me when i get out of the car.

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  36. masterpain

    I too have heard of short selling by GS. To what extent who knows, could be a head fake crafty fuckers. I say 920-928 by option ex.

    Always appreciate the info Fly.
    please get your servers fixed I want to get PPT for a year but I am afraid the squirrel that is running your lone server is fading! Try throwing him another nut

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  37. TraderCaddy

    Long SMH for a quickie.

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  38. TheArtist

    when is DD going to post his new “post”? it is 9:30am already.
    anyway, I still have a land line and will never get rid of it. Cell phones can go down at anytime. Land lines work even if the powergrid is out, which means if you have no power, you can still call someone and your cell phone will only work if you have the ability to recharge it, and hope, during emergency type times (hurricanes, snowstorms, etc.) that cell towers are even up and running.

    We had a cell tower down here in my town just the other day, nice bright, calm sunny day, but the tower was down and because of that “one” tower my cell phone reception was so bad I had to call Verizon to find out what was up…..one tower down, and everyone on the north side of town could not hear anything due to the very bad signal….. “Land lines are Life lines” make a note….

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  39. JakeGint

    Remember that in a pullback like this, the real bulls take the fore first. So make sure you’re looking at exchanging some gold for your ice cream cone when the Good Humour man (with clown shoes) comes a ringing.

    ________

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  40. bzik

    DD pisses on you all, he is not gonna write on this shitty blog anymore

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  41. j

    Market’s down because amongst other things people are reporting that G8 is putting the clampers on any more fiscal Stimulus. And this is surprise?

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  42. TheArtist

    funny how all the ratings agencies upgraded the shit out of everything last week, GS upgrade scores of companies to buy.
    I vote GS for Asshat of the Week.

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  43. asshole dip buyer (skoal)
    asshole dip buyer (skoal)

    NY taxes ruined capitalism.

    ps: Obama is the anti-capitalist

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  44. Mushroomz

    Nat Gas trading well

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  45. PRICERUNNER

    Like I said watch your Butts dip buyers. GS needs your money !

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  46. Big Mike

    WHERES THE LEGENDARY SCHOLAR DEVILDOG?

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  47. JakeGint

    Kind of ironic. Devilish Dawg throws in the towel, and down we go.

    More than “kind of,” I guess.

    _________

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  48. trader

    Fly, if you thought Friday was a good buying opp, then this is a GREAT buying opp.

    http://www.ibankcoin.com/flyblog/index.php/2009/06/12/buying-opportunity/

    Chivas for tab!!!

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  49. Cebu Sun

    The Insurance companies are sliding lower. Im shorting AZ and ZNT in size.

    Transports will lead the $Indu lower.

    Chivas and Fool for tabs.

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  50. chivasontherocks
    chivasontherocks

    GENTLEMEN;

    THE PARTY IS OVER.

    still short

    150k QQQQ 34.98

    100k DIA 85.42

    25k IYT 60.89

    long

    100k FAZ 4.28

    _____________________________________________________

    i have ZERO interest in a tab

    _______________________________________________________

    this decline should be sharp and fast.

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  51. MOOBER

    I’m dip buying like a fool, but just for a trade.

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  52. Jed

    Nice going chivas…great call.

    Jed

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  53. trader

    I figured you wouldn’t be interested in a tab but was worth a shot. How about your own blog then? We need bloggers with a bit of conviction. Flip flopping all the time (CA on Thursday at the absolute highs of the day, “this is your last chance to load the fuck up!!”) is fine but it would be nice to balance it out with someone with a bit longer time horizon than 24-48 hrs.

    And I like Fly/CA but if you’ve fucked up with some of the calls then it would be nice if you manned up and owned it….

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  54. JakeGint

    Trader — your name is “trader” but you want a long term horizon?

    Color me confused.

    Meanwhile, long(er) term is what the Jacksons are all about. All of us give you our perspectives w. regard to average length of holding that we recommend. I don’t think CA, RC or Fly have been disingenuous at all about theirs, so I don’t know what you are complaining about.

    And please, let’s try and restrain our gloating until the trends are actually broke, eh?

    You guys are ridiculous. I mean, I can see “relieved” after weeks of soul crushing pain, but let’s try a bit of humility here, eh?

    ________________

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  55. JakeGint

    Trader — your name is “trader” but you want a long term horizon?

    Color me confused.

    Meanwhile, long(er) term is what the Jacksons are all about. All of us give you our perspectives w. regard to average length of holding that we recommend. I don’t think CA, RC or Fly have been disingenuous at all about theirs, so I don’t know what you are complaining about.

    And please, let’s try to restrain our gloating until the trends are actually broken, eh?

    You guys are ridiculous. I mean, I can see “relieved” after weeks of soul crushing pain, but let’s try a bit of humility here, eh?

    TZA hasn’t even filled it’s shitty gap at 24.85. Maybe you want to take a moment of soulful reflection until that point?

    ________________

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  56. JakeGint

    Sorry about the double post… damn edit function won’t let me remove it.

    Vincenzo!

    ____

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  57. trader

    Jake, all traders are not daytraders….

    And maybe I’m just grumpy because this damn site takes so long to load.

    Vincenzo!!!!

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  58. JakeGint

    I know (Vincenzo) is getting a new server online. That kind of stuff takes time to migrate when you are on 24-7 like we are.

    _________

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  59. HenryFool

    Someone explain why buying ethanol stocks down here is dumb as hell?

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