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apppro

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  • John Paulson: Lucky Or Great? [View article]
    His ONLY great/good trade was destroying OUR mortgage markets. Yeah he bought some gold cheap, but otherwise he's done crap!

    He ONLY makes money when he destroys in the shadows. Does that tell you something?
    Aug 24 04:04 PM | Likes Like |Link to Comment
  • Facebook Vs. LinkedIn: Buy The Bargain, Sell The Bubble [View article]
    ALL true, but Cramer and CNBS have a real bug up their ass about FB; and this insane selling won't stop until they do.

    Their use of the 'bully pulpit' is so out of control that every person in the world should receive $750,000 for the abuse, so we all can go on vacation.
    Aug 5 08:51 AM | Likes Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    Geodan,

    Here's a cnbc video from today with 2 experts that CONFIRM exactly what you said.

    http://bit.ly/OvYxfH


    You may also get out of it that this entire thing is nothing and needs to go away. You may also get out of it how big of an aholes those reporters on CNBS truly are.
    Jul 5 05:11 PM | Likes Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    Exactly what I've been calling "Grading on the Curve".

    Thanks for the confirm.
    Jul 5 02:48 PM | Likes Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    And if I understand the law correctly (and like you I am not a lawyer) there is HOWEVER the ALMIGHTY 'INTENT' & 'CAUSALITY' provisions that MUST be met.

    WAS there a direct or ANY for that matter connection between those supposed Libor securities bought and the Libor manipulation done on another continent? Was there ANY intent to defraud anyone when those Libor securities were priced?

    I think you will find the answers to be NO NO NO!

    Without 'intent' or 'causality' there is no case except fro what short sellers and lawyers want you to believe. Whether we get a fair and proper reading on this is anyone's guess!
    Jul 5 01:27 PM | Likes Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    In "The Nation of Bash & Blame" we sue over anything now.

    How does this create any jobs?
    How does any of this enable the banks to loan more?
    How does any of this benefit anyone - EXCEPT FOR A SMALL GROUP OF SHORT FUNDS THAT ARE TRYING TO BRING ON THE NEXT ARMAGEDDON?

    As big a disgrace as 'robo-schmobo' was and still is, I think this "Grading on the Curve" silliness is even bigger.
    Jul 5 01:10 PM | Likes Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    I am having a hard time seeing any real damage here, but even if you are correct that still does NOT change the supposed damages being sought by Cities like Baltimore.

    AND if there is even a small price paid, lawyers and whistleblowers will get it all anyway. Like our President we are a Nation of LAWYERS OUT OF CONTROL!
    Jul 5 09:53 AM | 1 Like Like |Link to Comment
  • LIBOR Related Lawsuits: How Do They Affect The Banks? [View article]
    LOWballed rates = NO REASON FOR LAWSUITS

    More lawyers and “Nation of Bash & Blame” OUT OF CONTROL!

    Diamond kept admitting over and over that IF the rates were manipulated they were LOWBALLED BY THE BANKS in order to try to show regulators that were in good shape. NO where did he or anyone else for that matter say that they HIGHballed the rates.

    The basis for the Baltimore and other lawsuits is that they got screwed over by higher Libor rates and therefore they got bad loans. Well, guys guess want – WRONG! Like that great Ikea commercial goes – “Start the engine!” Anyone who got rates based on LOWballed Libor should be thankful – not suing!
    Jul 5 06:41 AM | 1 Like Like |Link to Comment
  • JPMorgan's Troubles Multiply: Firm Hit With Energy Manipulation Probe And LIBOR-Fixing Investigation [View article]
    Sure looks like a cookie cutter lawsuit by OUT of control lawyers spurred on by short hedge funds to me. And your Squab lawsuit is OVER 2 years old.

    This is just the kind of inflammatory ramblings and innuendos that this Nation does NOT need.

    And even if the lawsuit has some merit, it certainly does not connect the dots to Barclay as your title wants us to believe. besides, isn't this for a court of law and NOT the blogisphere?
    Jul 4 08:42 AM | Likes Like |Link to Comment
  • JPMorgan's Troubles Multiply: Firm Hit With Energy Manipulation Probe And LIBOR-Fixing Investigation [View article]
    Does NO one else find it somewhat self-serving that ONLY you and some WSJ ONline blogger knows anything about JPM being investigated over libor's "Grading on the Curve" scandal?

    And as far as Meredith Whitless's downgrade: BUY BUY BUY!
    Jul 4 07:44 AM | 1 Like Like |Link to Comment
  • Update Regarding Energy Transfer Partners' Sunoco Acquisition [View article]
    They sold it all at 44.57. You may have misjudged this one.

    Energy Transfer Partners, L.P. (ETP) today announced that its previously announced public offering of 15,525,000 common units representing limited partner interests at $44.57 per common unit, which includes 2,025,000 common units purchased pursuant to the full exercise of the underwriters’ option to purchase additional common units, has closed. Net proceeds from the offering will be used by ETP to repay amounts outstanding under its amended and restated revolving credit facility, to fund capital expenditures related to pipeline construction projects and for general partnership purposes.
    Jul 3 05:48 PM | Likes Like |Link to Comment
  • BofA Wins Big In Court, May Have Finally Contained Countrywide-Related Lawsuits [View article]
    Thank god the vestiages of 'robo-schmobo' and other isnanity are finally going away.

    However it still amazes me the hatred that many have. What the hell exactly did this bank do to anyone to cause so much hatred? I bet nothing to the fast majority, but still we have a few trying to cover their shorts at a lower price.
    Jul 1 03:12 PM | 3 Likes Like |Link to Comment
  • JP Morgan: From 'Predator' To Wall Street Prey [View article]
    Author,

    "It's The Mentality Stupid!"

    Until we ALL end this SHORT-term trader/traitors mentality & thinking it will NEVER matter what politicains do. We have for some distorted rational elevated these destroyers to a god like status for reasons I cannot comprehend!

    I am one of those that would prefer that your "pain ahead" does not happen. Personally I find the call for Armageddon PART of the shorts montra and it just enables them even more.

    How about a call for "stability ahead"!
    Jul 1 08:05 AM | Likes Like |Link to Comment
  • JP Morgan: From 'Predator' To Wall Street Prey [View article]
    Author,

    I have not seen your new book, but I also have not seen you make those arguments elsewhere either. Guess I'll have to wait for CliffNotes. ;-)

    But I HAVE made these arguments over and over in my blog as far back as 2008. I even asked your lawmakers' question when they pulled the shorties in front of Congress after Lehman's. I asked then why the hell they were giving these jerks a pat on the back for destroying our financial system. Oh Yeah, the answer was that they didn't need a bailout. Of course they didn't need a bailout - they had covered their positions and NOW they had all the money. Whatever!

    Let's sing the short's theme song:

    "No... no... no... it ain't me babe! It ain't be you're looking for... babe!"

    BS!
    Jun 30 03:13 PM | Likes Like |Link to Comment
  • JP Morgan: From 'Predator' To Wall Street Prey [View article]
    Author,

    At this point, politicians NO ALL of us have ONLY been willing to BLAME the people that are the easy targets. We still have NEVER addressed ANY of the blatant GANGshorting and blatant short attacks that actually took down OUR ENTIRE SYSTEM.

    Question: Were those whale trades BAD or did those whale trdaes ONLY become bad after they were GANGshorted by a small group of hedge funds?

    Question: Exactly what GOOD did this shorting accomplish?

    Question: Creative destruction serves some kind of purpose in this distorted world, BUT what was left in the wake of the destruction brought on by the shorts whale trades destruction?

    Answer: ZIP! ZERO! NADA! SQUAT! NOT A DAMN THING!

    Until now the short's action "...have only affected it's shareholders and not U.S. taxpayers." BOY are you so wrong! The negativity and hatred and destruction of confidence to OUR banking system by a few shorts HAS AFFECTED US ALL. Washington can do whatever they want BUT until they address or even acknowledge the TRUE CAUSE of our misery since 2008 - WE ARE ALL DOOMED.

    Ignorance in this case IS NOT BLISS!
    Jun 30 08:48 AM | Likes Like |Link to Comment
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