miami's Profile
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Given what JPM-C did to Bear Stearns, frankly I'd expect nothing less.
The 'encased in ice in TimesSq' nonsense would have been more impressive if
a) the ice wasn't a foot away from his body, and
b) they weren't pumping warm air on him.
TOO SOON!
'I dont think there is any question that Hedge Funds need to be regulated'
why don't you say -
"I am an idiot who is too ignorant to realize that many of the experts on this matter think the opposite of me, so there is a rather large question, and on top of that, Hedge Funds are regulated by several gov't agencies as it stands.
Instead, I shall broadcast my MR-status far and wide via teh Interweb series of tubes!"
Fireman? Carney's dressing up as Bernanke....everyone knows this.
Finkle is Einhorn!
If we can't let guys from holes they crawl out of like Chuck E. Schumer start a run on the banks then THE TERRORISTZ HAVE ALREADY ONE !!!1!!!
1) It is silly, repeating a rumor someone told you that you don't know is false is prima facie legal. It's called the First Amendment in this country.
1a) BSC was in huge trouble, and would've filed for bankruptcy if JPM didn't step in. They weren't rumors, they were facts.
2) The funniest part of Rounders is Damon quitting Law school and turning pro because he bluffed Johnny Chan in ONE HAND of poker. OMG!
That's like hitting a 20' shot over Kobe and thinking you're going right to the NBA.
You guys are Marxists, obviously.
Either Chico or Zeppo, I'm just not sure yet.
You guys are Marxists, obviously.
Either Chico or Zeppo, I'm just not sure yet.
Only a moron would think Repo Man was a 'so bad' movie. Perhaps you should stick to the Michael Bay section of your local blockbuster.
Changed it back to the old way. Who cares?
Changed it back to the old way. Who cares?
Dear Ms Barnett,
"Nietzsche is dead."
Frank the Tank
Your bunny has a good nose, ISG.
Now get out there and sell some credit cards.
cheap disaster insurance, there were already 3 major banks refusing novation CDS trades with Bear. Could have been simple hedging.
Why did the exchanges list $5 puts so soon to expiry if it was so 'ZOMG CAN NOT HAPPEN WTF BBQ?'
Obviously, they thought it was a possibility.
6 - I'd assume he wasn't in Medallion, which has been closed to outsiders for several years.
And let's not pretend there was 'snickering' some of us were wholesale ROFLMAOing when DB called pitching this nonsense.
intrade is so illiquid, it's not predictive at all but merely reactive.
They had odds of 75-80% on 2 consecutive neg GDP quarters in 2008. Tell me you think that was an accurate prediction. Even if Q1 and Q3 were negative they lose that bet.
9 - There's no venom, it's just a TLA that's unnecessary to work in finance, or manage large sums of money.
The vast majority of the successful HF and PE managers I know and work with don't have it. If you want it, bully for you!
Whether it's trivially easy or not is irrelevant -- at least pick one POV and stick to it. Either you were forced to by your boss, or wanted to 'better yourself' with another TLA.
In either case the amount of 'energy' you think is required is a complete non-sequitur.

$100m on $8bn for Les Wexner is 1.25% fee, not unreasonable for active mgmt.