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
22,777 Blog Posts

WHAT THIS MARKET NEEDS RIGHT NOW IS SOME GOOD OLDE FASHIONED FAKE FUCKING NEWS

Things are bad enough without the sophomoric CUNTS in the media making things worse. Let me tell you the type of people who take up journalism.

FT published this tidbit regarding WAL exploring options for their shit company.

Joyfully, I was enjoying a full collapse of western finance as we knew it.

And then…this happened.

And we saw some whip-sawing of stocks, mostly to the upside for the banks based off the notion that FT was just making shit up. Things are hard out there, on par with the wild bullshit I had to deal with in 2008 when Charlie Meatball Gasparino interrupted by trading day 4 times a day for months in order to disseminate some bullshit rumors about bailouts and deals. 99% of them turned out to be false and if you’re up for some digging, you can find all of that shit in my archives — as we go back here, way the fuck back, to 2007.

I am still wading into shorts here, with a watchful eye on CARL ICAHN’s IEP, which is apparently on the menu. I bought some back and almost instantly lost some money in it; but I have reserves to buy more — as I am only 157% leveraged to the fucking hilt trying to sort out this fucking God damned mess.

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