Home › Forums › Financial Markets/Economics › The Big Takeover
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March 20, 2009 at 5:42 PM #371341March 20, 2009 at 6:07 PM #370740ArrayaParticipant
That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
March 20, 2009 at 6:07 PM #371027ArrayaParticipantThat was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
March 20, 2009 at 6:07 PM #371195ArrayaParticipantThat was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
March 20, 2009 at 6:07 PM #371239ArrayaParticipantThat was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
March 20, 2009 at 6:07 PM #371351ArrayaParticipantThat was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
March 20, 2009 at 6:26 PM #370745CA renterParticipant[quote=arraya]That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
[/quote]
IMHO, the focus on short-sellers is misguided. I had been short Bear Stearns (along with many other stocks that ended up going to zero) for a long time because it was pretty well known that they were going to have problems (also Lehman, WAMU, etc.). BTW, my timing was quite a bit early, and I tend to get out early too, so while I made money, I did not get the BIG dollars. π
Short-sellers had been trying to warn the PTB about problems in the credit markets for many, many years. The PTB refused to listen, and you can’t blame the shorts for taking the short side of that bet.
You can short a stock all you want — though I do NOT agree with naked short selling — and you will lose your a$$ if the company is sound. Short traders were short these companies for many years, and for good reason. They were/are not the problem. The problems were evident for a while, and there were plenty of rumors going around about BS long before they actually imploded.
March 20, 2009 at 6:26 PM #371032CA renterParticipant[quote=arraya]That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
[/quote]
IMHO, the focus on short-sellers is misguided. I had been short Bear Stearns (along with many other stocks that ended up going to zero) for a long time because it was pretty well known that they were going to have problems (also Lehman, WAMU, etc.). BTW, my timing was quite a bit early, and I tend to get out early too, so while I made money, I did not get the BIG dollars. π
Short-sellers had been trying to warn the PTB about problems in the credit markets for many, many years. The PTB refused to listen, and you can’t blame the shorts for taking the short side of that bet.
You can short a stock all you want — though I do NOT agree with naked short selling — and you will lose your a$$ if the company is sound. Short traders were short these companies for many years, and for good reason. They were/are not the problem. The problems were evident for a while, and there were plenty of rumors going around about BS long before they actually imploded.
March 20, 2009 at 6:26 PM #371200CA renterParticipant[quote=arraya]That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
[/quote]
IMHO, the focus on short-sellers is misguided. I had been short Bear Stearns (along with many other stocks that ended up going to zero) for a long time because it was pretty well known that they were going to have problems (also Lehman, WAMU, etc.). BTW, my timing was quite a bit early, and I tend to get out early too, so while I made money, I did not get the BIG dollars. π
Short-sellers had been trying to warn the PTB about problems in the credit markets for many, many years. The PTB refused to listen, and you can’t blame the shorts for taking the short side of that bet.
You can short a stock all you want — though I do NOT agree with naked short selling — and you will lose your a$$ if the company is sound. Short traders were short these companies for many years, and for good reason. They were/are not the problem. The problems were evident for a while, and there were plenty of rumors going around about BS long before they actually imploded.
March 20, 2009 at 6:26 PM #371244CA renterParticipant[quote=arraya]That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
[/quote]
IMHO, the focus on short-sellers is misguided. I had been short Bear Stearns (along with many other stocks that ended up going to zero) for a long time because it was pretty well known that they were going to have problems (also Lehman, WAMU, etc.). BTW, my timing was quite a bit early, and I tend to get out early too, so while I made money, I did not get the BIG dollars. π
Short-sellers had been trying to warn the PTB about problems in the credit markets for many, many years. The PTB refused to listen, and you can’t blame the shorts for taking the short side of that bet.
You can short a stock all you want — though I do NOT agree with naked short selling — and you will lose your a$$ if the company is sound. Short traders were short these companies for many years, and for good reason. They were/are not the problem. The problems were evident for a while, and there were plenty of rumors going around about BS long before they actually imploded.
March 20, 2009 at 6:26 PM #371356CA renterParticipant[quote=arraya]That was a fantastic article by Taibbi which proceeds uninterrupted as they continue to ransack the country. Who really thinks this will work it self out in a less than disastrous way? Really?
AIG is now become the feeding trough of taxpayer money for people who should be in gamblers anonymous. Then they threw some low level accountants to the peasantry that were promised millions for paying out bets that went bad to the real criminals. HAHAHA
Anybody got tabs on Paulson? Bet ya he’s on the other end of the AIG money.
For more insight into circus fantasticus check out this one the Bear Stearns collapse. Seems like some more insider trading the SEC turned a blind eye to. Somebody knew it was coming down.
Pitchforks and torches….
[/quote]
IMHO, the focus on short-sellers is misguided. I had been short Bear Stearns (along with many other stocks that ended up going to zero) for a long time because it was pretty well known that they were going to have problems (also Lehman, WAMU, etc.). BTW, my timing was quite a bit early, and I tend to get out early too, so while I made money, I did not get the BIG dollars. π
Short-sellers had been trying to warn the PTB about problems in the credit markets for many, many years. The PTB refused to listen, and you can’t blame the shorts for taking the short side of that bet.
You can short a stock all you want — though I do NOT agree with naked short selling — and you will lose your a$$ if the company is sound. Short traders were short these companies for many years, and for good reason. They were/are not the problem. The problems were evident for a while, and there were plenty of rumors going around about BS long before they actually imploded.
March 20, 2009 at 6:47 PM #370755jpinpbParticipant“It’s not even on the page of rational behavious, unless you know something”
Ah! This is what I said on the other thread on Who’s getting really good prices
“The only way to play and win is if you’re part of the system, have inside information funneled on where the rules are headed so you know what move to make, which game to play. ”
Who makes that kind of bet? Insider trading. Unbelievable. Phantom shares. WOW! That’s better than fixing a boxing fight. Totally manipulated! It was all rigged!
Man. Every day it’s just one incredible story after another. Return of 8000%.
WTF did the money go? Who did the short-sellinig?
What a non answer at the committe hearing. They must have all been lawyers in a previous life.
We need to revamp the SEC! Fire or put them all in jail.
I am so outraged right now.
Can’t believe they pulled that shit twice, w/Bear Stearns and Lehman.
Question: Anyone think al-Qaeda is involved? Who does this? It’s taking our country down.
There’s been more damage done to our economy now than 9/11. We are a laughing stock.
How can the SEC not disclose who is behind who is naked short selling?
Jim Chanos manages the hedge fund, but the money in the hedge fund comes from somewhere. Man. Next time I go practice w/some rounds, I may have to put their photo up. I bet I would improve considerably.
Edit – this wasn’t just ordinary short selling or naked short selling. They placed their “bet” to the day (10 days?)
March 20, 2009 at 6:47 PM #371042jpinpbParticipant“It’s not even on the page of rational behavious, unless you know something”
Ah! This is what I said on the other thread on Who’s getting really good prices
“The only way to play and win is if you’re part of the system, have inside information funneled on where the rules are headed so you know what move to make, which game to play. ”
Who makes that kind of bet? Insider trading. Unbelievable. Phantom shares. WOW! That’s better than fixing a boxing fight. Totally manipulated! It was all rigged!
Man. Every day it’s just one incredible story after another. Return of 8000%.
WTF did the money go? Who did the short-sellinig?
What a non answer at the committe hearing. They must have all been lawyers in a previous life.
We need to revamp the SEC! Fire or put them all in jail.
I am so outraged right now.
Can’t believe they pulled that shit twice, w/Bear Stearns and Lehman.
Question: Anyone think al-Qaeda is involved? Who does this? It’s taking our country down.
There’s been more damage done to our economy now than 9/11. We are a laughing stock.
How can the SEC not disclose who is behind who is naked short selling?
Jim Chanos manages the hedge fund, but the money in the hedge fund comes from somewhere. Man. Next time I go practice w/some rounds, I may have to put their photo up. I bet I would improve considerably.
Edit – this wasn’t just ordinary short selling or naked short selling. They placed their “bet” to the day (10 days?)
March 20, 2009 at 6:47 PM #371210jpinpbParticipant“It’s not even on the page of rational behavious, unless you know something”
Ah! This is what I said on the other thread on Who’s getting really good prices
“The only way to play and win is if you’re part of the system, have inside information funneled on where the rules are headed so you know what move to make, which game to play. ”
Who makes that kind of bet? Insider trading. Unbelievable. Phantom shares. WOW! That’s better than fixing a boxing fight. Totally manipulated! It was all rigged!
Man. Every day it’s just one incredible story after another. Return of 8000%.
WTF did the money go? Who did the short-sellinig?
What a non answer at the committe hearing. They must have all been lawyers in a previous life.
We need to revamp the SEC! Fire or put them all in jail.
I am so outraged right now.
Can’t believe they pulled that shit twice, w/Bear Stearns and Lehman.
Question: Anyone think al-Qaeda is involved? Who does this? It’s taking our country down.
There’s been more damage done to our economy now than 9/11. We are a laughing stock.
How can the SEC not disclose who is behind who is naked short selling?
Jim Chanos manages the hedge fund, but the money in the hedge fund comes from somewhere. Man. Next time I go practice w/some rounds, I may have to put their photo up. I bet I would improve considerably.
Edit – this wasn’t just ordinary short selling or naked short selling. They placed their “bet” to the day (10 days?)
March 20, 2009 at 6:47 PM #371254jpinpbParticipant“It’s not even on the page of rational behavious, unless you know something”
Ah! This is what I said on the other thread on Who’s getting really good prices
“The only way to play and win is if you’re part of the system, have inside information funneled on where the rules are headed so you know what move to make, which game to play. ”
Who makes that kind of bet? Insider trading. Unbelievable. Phantom shares. WOW! That’s better than fixing a boxing fight. Totally manipulated! It was all rigged!
Man. Every day it’s just one incredible story after another. Return of 8000%.
WTF did the money go? Who did the short-sellinig?
What a non answer at the committe hearing. They must have all been lawyers in a previous life.
We need to revamp the SEC! Fire or put them all in jail.
I am so outraged right now.
Can’t believe they pulled that shit twice, w/Bear Stearns and Lehman.
Question: Anyone think al-Qaeda is involved? Who does this? It’s taking our country down.
There’s been more damage done to our economy now than 9/11. We are a laughing stock.
How can the SEC not disclose who is behind who is naked short selling?
Jim Chanos manages the hedge fund, but the money in the hedge fund comes from somewhere. Man. Next time I go practice w/some rounds, I may have to put their photo up. I bet I would improve considerably.
Edit – this wasn’t just ordinary short selling or naked short selling. They placed their “bet” to the day (10 days?)
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