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
23,466 Blog Posts

GOLDMAN SACHS LOSES GOVERNORSHIP OF NJ

An egregious loss by old Goldman Sachs Group, Inc. [[GS]] .

Now the good folks from NJ can get back to lower taxes, more spending a more borrowing from China, instead of higher taxes, more spending and marginally less borrowing from China.

Trade accordingly.

UPDATE: I like this post from Uncle Howard. What were you pikers doing in March of 2009?

Here’s what “The Fly” was doing:

Get Ready to Be Rich

Bears Lose a Leg

Fly Buy: KIM

Up, Up and Away

Fly Buys: LOGI, NTGR, TNA

Fly Buy: AXP

And The Wins Continue

F**** You Bears, You’re Dead

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11 comments

  1. Asleep @ the wheel
    Asleep @ the wheel

    Where the hell is Cronkite when you need him?

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  2. JakeGint

    States can’t borrow from China.

    I’m beginning to parse the background on your Obama vote.

    _________

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  3. j

    Fly:

    What happened to Cronkers?

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  4. Dr fly

    They borrow through federal funding. Let’s not try to be too clever jakey. In the process you might end up looking dense.

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    • JakeGint

      They are therefore at the mercy of the fed’l gummint. Something a Republican gubner would not have any interest in being.

      And they still have no independent means of self funding outside of bond issuance. We know how well that’s gone for Noo Yawk. Are they wholly federally funded now? They may need to be.

      I’m not too worried about looking dense in this crowd. I didn’t vote for the People/Us Magazine candidate.

      ________

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  5. Teahouse On The Tracks
    Teahouse On The Tracks

    Anyone miss Ratigan?

    http://www.businessinsider.com/dylan-ratigan-its-time-to-fire-tim-geithner-2009-11?mobile=1

    Nice rant ….

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    • mrs buttons

      He sucked on Fast Money – too much boy’s locker room tude..thought he was hot shit…then he’d suck up to Maria on closing bell..but I do agree with him 100% on Geitner…I think he has issues – he insults his many guests on his show, when he’s not high fiving his bros…typical borough behavior of his ilk..I don’t think he’s TV material – he should be behind the camera writing- zero personality on air….imo..speaking of ..wtf happened to Macke? Talk about another not made for prime time type…ya think it’s easy being Cramer? NOT!!! calling all stewarts calling all stewarts..come in jon…

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      • Generational BOTTOM Picker
        Generational BOTTOM Picker

        Ratigan was the ONLY one on Fast Money with balls and smarts. He should
        be President instead of the pantywaist waffler we have in there now.

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        • JakeGint

          There’s another one getting off the Obama bus before he’s thrown under it (if you are a Medicare participant, you are staring at 52″ Goodyears as we speak).

          Is anyone left on?

          Where’s Purdy and Ottnot?

          _______

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  6. j

    F**** You Bears, You’re Dead

    You’re obviously smarter than I thought, we almost caught you there, Fly 🙂

    I always thought that one was the best post. It’s clarity was magnificent and it could also be applied to the other side as you had done previously.

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  7. JakeGint

    Taking a look at some M&A possibilities in the “my precious” space, mostly because it’s that time of year again….. Make sure you Get on the Train, Sahib!

    ________

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