Robespierre's Comments Robespierre's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/181914/comments The investigator of the SEC investigators is looking at whether staffers probing insider trades "committed acts of negligence." Inspector General David Kotz is examining a complaint that says SEC staff had specific evidence of inside trading before closing an investigation. http://seekingalpha.com/news/market_currents/post/37388?source=feed#comment-783436 783436
Good start, how about some criminal charges now if applicable. How about looking into the Treasury Department too?]]>
Mon, 30 Nov 2009 18:48:17 -0500
Good start, how about some criminal charges now if applicable. How about looking into the Treasury Department too?]]>
September's S&P / Case-Shiller Shows Continued but Considerably Weaker Bounce http://seekingalpha.com/article/175086-september-s-s-p-case-shiller-shows-continued-but-considerably-weaker-bounce?source=feed#comment-777100 777100 Wed, 25 Nov 2009 10:36:06 -0500 To settle credit-default swaps, derivatives traders have set a value of 68.125 cents on the dollar for CIT Group (CIT) bonds. The price fell from 70.25 cents after the first round of a 13-dealer auction. http://seekingalpha.com/news/market_currents/post/36929?source=feed#comment-769534 769534 By Citi]]> Fri, 20 Nov 2009 15:17:50 -0500 By Citi]]> U.S. Job Losses Demystified http://seekingalpha.com/article/173429-u-s-job-losses-demystified?source=feed#comment-762104 762104 financial industry:
1) Guaranty that they never go out of business
2) Allowed them to buy (lobbying) congress and presidents so that regulations are tossed to the side
3) Allow them to borrow unlimited amounts of free money (FED)
4) Let them position their ex-employees in key regulatory agencies (Treasury, FED, SEC etc)
5) Look the other way and obfuscate when they violate regulations, laws etc

So do the same to:
High Tech
Manufacturing
Pharmaceutical
Etc
Etc

See problem solved]]>
Mon, 16 Nov 2009 11:23:35 -0500 financial industry:
1) Guaranty that they never go out of business
2) Allowed them to buy (lobbying) congress and presidents so that regulations are tossed to the side
3) Allow them to borrow unlimited amounts of free money (FED)
4) Let them position their ex-employees in key regulatory agencies (Treasury, FED, SEC etc)
5) Look the other way and obfuscate when they violate regulations, laws etc

So do the same to:
High Tech
Manufacturing
Pharmaceutical
Etc
Etc

See problem solved]]>
China says the Fed is endangering global recovery with its insistence on keeping domestic interest rates near zero for the next 12-18 months. China's chief bank regulator rebuked the U.S. for fueling speculative capital flows that may spur asset-price inflation, which he said has already led to massive dollar arbitrage speculation. http://seekingalpha.com/news/market_currents/post/36572?source=feed#comment-762072 762072 Mon, 16 Nov 2009 11:10:35 -0500 Confidence and Trade: Spin vs. Reality http://seekingalpha.com/article/173298-confidence-and-trade-spin-vs-reality?source=feed#comment-759351 759351

On Nov 13 04:38 PM User 488834 wrote:

> ... But the Calafia Beach Pundit says there is a global recovery
> and he is a smart economist.]]>
Fri, 13 Nov 2009 16:50:45 -0500

On Nov 13 04:38 PM User 488834 wrote:

> ... But the Calafia Beach Pundit says there is a global recovery
> and he is a smart economist.]]>
Wall Street notices today's unusual rush in volume on 3Com (COMS) call options (highest since September 2007) before the after-hours announcement of the company's acquisition by Hewlett-Packard (HPQ). OptionMonster has a picture of November calls going for $0.65 at 11 a.m. today that should go to $2.90 tomorrow - 350%, nice work for a day. http://seekingalpha.com/news/market_currents/post/36346?source=feed#comment-756370 756370 Wed, 11 Nov 2009 20:45:54 -0500 Bear Verdict Should Please Wall Street http://seekingalpha.com/article/172717-bear-verdict-should-please-wall-street?source=feed#comment-755192 755192

On Nov 11 08:58 AM AndrewBaker wrote:

> Bad judgment and greed aren't crimes: agreed, but the mentality that
> these people have is no better than that of a criminal, only they
> don't break laws that will make them that.
>
> The difference between breaking in and stealing someone else's goods,
> and taking their money in, high risk gambling with it, and telling
> them it's been lost in a bad investment, is not one of criminal or
> not criminal but one of morals and ethics. These financial workers
> have as low if not lower morals and ethics than a criminal when it
> comes to regard for others and their possessions, and the effect
> that depriving them of such has on people and their families.
>
> One big difference is a criminal goes to jail, whilst a stupid financier
> languishes in his expensive home, leaving it only to laugh all the
> way to the bank.]]>
Wed, 11 Nov 2009 09:19:01 -0500

On Nov 11 08:58 AM AndrewBaker wrote:

> Bad judgment and greed aren't crimes: agreed, but the mentality that
> these people have is no better than that of a criminal, only they
> don't break laws that will make them that.
>
> The difference between breaking in and stealing someone else's goods,
> and taking their money in, high risk gambling with it, and telling
> them it's been lost in a bad investment, is not one of criminal or
> not criminal but one of morals and ethics. These financial workers
> have as low if not lower morals and ethics than a criminal when it
> comes to regard for others and their possessions, and the effect
> that depriving them of such has on people and their families.
>
> One big difference is a criminal goes to jail, whilst a stupid financier
> languishes in his expensive home, leaving it only to laugh all the
> way to the bank.]]>
Bear Verdict Should Please Wall Street http://seekingalpha.com/article/172717-bear-verdict-should-please-wall-street?source=feed#comment-755117 755117
Citigroup Inc., regional bank Whitney Holding Corp. and other lenders around the country are planning to review loans now considered nonperforming to determine if they can be reclassified under the guidelines announced Oct. 30 by bank, thrift and credit-union regulators, according to bank executives and people familiar with the matter. The moves could help the banks absorb fewer losses on troubled real-estate loans and preserve capital.."

Of course being able to hide loses means that these banks will show a fake profit that will produce very REAL bonuses for them. Funny how "greed and stupidity" works so well for the individual bankers and so badly for the banks and tax payers!]]>
Wed, 11 Nov 2009 08:38:14 -0500
Citigroup Inc., regional bank Whitney Holding Corp. and other lenders around the country are planning to review loans now considered nonperforming to determine if they can be reclassified under the guidelines announced Oct. 30 by bank, thrift and credit-union regulators, according to bank executives and people familiar with the matter. The moves could help the banks absorb fewer losses on troubled real-estate loans and preserve capital.."

Of course being able to hide loses means that these banks will show a fake profit that will produce very REAL bonuses for them. Funny how "greed and stupidity" works so well for the individual bankers and so badly for the banks and tax payers!]]>
Bear Verdict Should Please Wall Street http://seekingalpha.com/article/172717-bear-verdict-should-please-wall-street?source=feed#comment-755092 755092
Going forward, prosecutors will have to make sure they really have the goods on Wall Street executives before trying to criminalize sheer stupidity."

So interesting that their "bad judgment and greed" always produces millions of dollars to them and loses to tax payers. I would like to see for once one of these executives lose ever single penny of THEIR own wealth because of what you call : "bad judgment and greed"

BTW every year 100s of people are set free for many different crimes such as theft, homicide etc. I guess other criminals should feel very safe if we follow your logic of: "The quick verdict by a federal jury in Brooklyn will send a chilling message to other prosecutors looking to hold Wall Street executives responsible for the events that sparked the Great Recession."]]>
Wed, 11 Nov 2009 08:23:01 -0500
Going forward, prosecutors will have to make sure they really have the goods on Wall Street executives before trying to criminalize sheer stupidity."

So interesting that their "bad judgment and greed" always produces millions of dollars to them and loses to tax payers. I would like to see for once one of these executives lose ever single penny of THEIR own wealth because of what you call : "bad judgment and greed"

BTW every year 100s of people are set free for many different crimes such as theft, homicide etc. I guess other criminals should feel very safe if we follow your logic of: "The quick verdict by a federal jury in Brooklyn will send a chilling message to other prosecutors looking to hold Wall Street executives responsible for the events that sparked the Great Recession."]]>
Who Is the Mystery Buyer? http://seekingalpha.com/article/172609-who-is-the-mystery-buyer?source=feed#comment-754549 754549
I wouldn't worry. I'm sure the SEC has noticed this manipulation and is conducting an exhausting investigation to make sure laws/rules are not being violated by IBs not authorized to break them by GOD at least that is my understanding. ]]>
Tue, 10 Nov 2009 18:58:02 -0500
I wouldn't worry. I'm sure the SEC has noticed this manipulation and is conducting an exhausting investigation to make sure laws/rules are not being violated by IBs not authorized to break them by GOD at least that is my understanding. ]]>
Corporations Win Again - This Time It's Healthcare http://seekingalpha.com/article/172199-corporations-win-again-this-time-it-s-healthcare?source=feed#comment-752903 752903 Mon, 09 Nov 2009 16:17:57 -0500 And Bernanke Didn't Think Unemployment Would Reach 10% http://seekingalpha.com/article/172045-and-bernanke-didn-t-think-unemployment-would-reach-10?source=feed#comment-752891 752891
" people spend less, therefore they earn less. "

This guy is an imbecile]]>
Mon, 09 Nov 2009 16:10:25 -0500
" people spend less, therefore they earn less. "

This guy is an imbecile]]>
Fannie Mae Plus Goldman Plus Tax Credits Plus U.S. Treasury Add Up to Big Mess http://seekingalpha.com/article/170659-fannie-mae-plus-goldman-plus-tax-credits-plus-u-s-treasury-add-up-to-big-mess?source=feed#comment-749664 749664
LOL since when does the Treasury care about what it looks like? If this saves GS tax money it will get done. They didn't spend all that lobbying money for nothing. ]]>
Sat, 07 Nov 2009 08:17:11 -0500
LOL since when does the Treasury care about what it looks like? If this saves GS tax money it will get done. They didn't spend all that lobbying money for nothing. ]]>
A Sit Down with Treasury Officials (Part I) http://seekingalpha.com/article/171371-a-sit-down-with-treasury-officials-part-i?source=feed#comment-746999 746999 Thu, 05 Nov 2009 17:43:23 -0500 Commodities: How to Trade Like Goldman Sachs http://seekingalpha.com/article/170855-commodities-how-to-trade-like-goldman-sachs?source=feed#comment-744856 744856 Wed, 04 Nov 2009 15:58:17 -0500 FOMC Statement: English Translation http://seekingalpha.com/article/171237-fomc-statement-english-translation?source=feed#comment-744851 744851
Better know as Ali Baba and the Forty Thieves or the inverse of Robin Hood and friends]]>
Wed, 04 Nov 2009 15:55:06 -0500
Better know as Ali Baba and the Forty Thieves or the inverse of Robin Hood and friends]]>
Why Apple Is Worth $80 http://seekingalpha.com/article/168697-why-apple-is-worth-80?source=feed#comment-733186 733186 Tue, 27 Oct 2009 20:21:25 -0400 Can Apple Be a $300 Stock? http://seekingalpha.com/article/168356-can-apple-be-a-300-stock?source=feed#comment-728596 728596
When asked about Palm (PALM) specifically, Cook said:

"I don't want to talk about any specific company. I'm just making a general statement that we think competition is good. It makes us all better. And we are ready to suit up and go against anyone. However, we will not stand for having our IP ripped off. And we will use whatever weapons that we have at our disposal. I don't know that I can be any more clear than that."

Fighting over IP is a very common occurrence in the high tech industry that normally gets solved by cross-licensing

On Oct 23 12:40 AM rich168 wrote:

> NOK sues AAPL for patent infringement
>
> if you can't innovate(seekingalpha.com/symbo...) next best
> option is to SUE....
> NOK's R&D is really going down hill...]]>
Sat, 24 Oct 2009 16:01:41 -0400
When asked about Palm (PALM) specifically, Cook said:

"I don't want to talk about any specific company. I'm just making a general statement that we think competition is good. It makes us all better. And we are ready to suit up and go against anyone. However, we will not stand for having our IP ripped off. And we will use whatever weapons that we have at our disposal. I don't know that I can be any more clear than that."

Fighting over IP is a very common occurrence in the high tech industry that normally gets solved by cross-licensing

On Oct 23 12:40 AM rich168 wrote:

> NOK sues AAPL for patent infringement
>
> if you can't innovate(seekingalpha.com/symbo...) next best
> option is to SUE....
> NOK's R&D is really going down hill...]]>
Hands Off Goldman Bonuses http://seekingalpha.com/article/167745-hands-off-goldman-bonuses?source=feed#comment-724356 724356 Wed, 21 Oct 2009 18:23:02 -0400 How Paulson Gave Goldman the Lehman Heads-Up http://seekingalpha.com/article/167855-how-paulson-gave-goldman-the-lehman-heads-up?source=feed#comment-724344 724344 Wed, 21 Oct 2009 18:13:17 -0400 Hands Off Goldman Bonuses http://seekingalpha.com/article/167745-hands-off-goldman-bonuses?source=feed#comment-724290 724290
The way I see it if it is OK for government to arbitrarily reach into some private enterprise’s internal affairs and give them BILLIONS of taxpayers dollars then it is OK for government to arbitrarily reach into some private enterprise’s internal affairs and take BILLIONS on set aside bonuses. Nobody put a gun on their heads to be bailed out, If they didn't want government reaching into their affairs then they shoulf file for BK when their were in need of money.]]>
Wed, 21 Oct 2009 17:39:37 -0400
The way I see it if it is OK for government to arbitrarily reach into some private enterprise’s internal affairs and give them BILLIONS of taxpayers dollars then it is OK for government to arbitrarily reach into some private enterprise’s internal affairs and take BILLIONS on set aside bonuses. Nobody put a gun on their heads to be bailed out, If they didn't want government reaching into their affairs then they shoulf file for BK when their were in need of money.]]>
How Regulated Does Wall Street Need to Be? http://seekingalpha.com/article/166798-how-regulated-does-wall-street-need-to-be?source=feed#comment-716723 716723 Thu, 15 Oct 2009 16:14:19 -0400 Bernie 'The Bruiser' Madoff gets into a prison-yard tussle with a fellow inmate over - of all things - the stock market, and comes out the winner. http://seekingalpha.com/news/market_currents/post/34098?source=feed#comment-714336 714336 Tue, 13 Oct 2009 19:56:12 -0400 Elizabeth Warren Highlights Washington's Losing Housing Battle http://seekingalpha.com/article/165866-elizabeth-warren-highlights-washington-s-losing-housing-battle?source=feed#comment-712997 712997

On Oct 11 08:45 AM Tack wrote:

> Davidbdc:
>
> You're right on the money.
>
> Washington liberals encouraged, legislated and provided the means
> for vast lending to unqualified buyers, all in its usual vote-getting
> shenanigans. Now, that it's become clear that they inadvertently
> screwed those very same voters by inducing them to buy homes they
> had no genuine ability to afford, the politicians have to cobble
> together a huge giveaway program (funded by the prudent, of course)
> to try to save the very same voting block they duped the first time
> around.]]>
Mon, 12 Oct 2009 10:05:37 -0400

On Oct 11 08:45 AM Tack wrote:

> Davidbdc:
>
> You're right on the money.
>
> Washington liberals encouraged, legislated and provided the means
> for vast lending to unqualified buyers, all in its usual vote-getting
> shenanigans. Now, that it's become clear that they inadvertently
> screwed those very same voters by inducing them to buy homes they
> had no genuine ability to afford, the politicians have to cobble
> together a huge giveaway program (funded by the prudent, of course)
> to try to save the very same voting block they duped the first time
> around.]]>
Jamie Dimon: The Man Who Could Save Wall Street http://seekingalpha.com/article/165792-jamie-dimon-the-man-who-could-save-wall-street?source=feed#comment-712947 712947 Aquire congress
Aquire presidents
Undermine regulation

And after all is done start re-writing history so the people you just robbed (tax payers) are fooled into believing that you just saved the country.

Have anyone noticed the recent PR attack by all these CEOs?]]>
Mon, 12 Oct 2009 08:44:17 -0400 Aquire congress
Aquire presidents
Undermine regulation

And after all is done start re-writing history so the people you just robbed (tax payers) are fooled into believing that you just saved the country.

Have anyone noticed the recent PR attack by all these CEOs?]]>
Jobless Claims Fall to Lowest Level in 37 Weeks http://seekingalpha.com/article/165529-jobless-claims-fall-to-lowest-level-in-37-weeks?source=feed#comment-709174 709174 "It's also interesting that in the WSJ article above, the Chase economists didn't mention the two most recent recessions of 1990-1991 and 2001. During those two recessions, jobless claims fell by a comparable amount, by -15% from the March 1991 peak and by -19% from the October 2001 peak"

Funny it also does not mention that the current level is HIGHER than the peak of those two recessions. So please do tell how is this such market rally earthshaking great news?]]>
Thu, 08 Oct 2009 15:50:57 -0400 "It's also interesting that in the WSJ article above, the Chase economists didn't mention the two most recent recessions of 1990-1991 and 2001. During those two recessions, jobless claims fell by a comparable amount, by -15% from the March 1991 peak and by -19% from the October 2001 peak"

Funny it also does not mention that the current level is HIGHER than the peak of those two recessions. So please do tell how is this such market rally earthshaking great news?]]>
We're in a Pattern of Increasingly Longer Employment Recoveries http://seekingalpha.com/article/165531-we-re-in-a-pattern-of-increasingly-longer-employment-recoveries?source=feed#comment-709164 709164

On Oct 08 01:24 PM Tack wrote:

> The simple explanation for the longer recovery cycles is the constant
> extension of unemployment benefits. Altruistic as these may be,
> they still follow the immutable laws of economics.
>
> As a dissenting senator from an agricultural state once said on the
> senate floor, many years ago, "where I come from, if you subsidize
> something, you get more of it." And, so it is with unemployment,
> too.]]>
Thu, 08 Oct 2009 15:44:58 -0400

On Oct 08 01:24 PM Tack wrote:

> The simple explanation for the longer recovery cycles is the constant
> extension of unemployment benefits. Altruistic as these may be,
> they still follow the immutable laws of economics.
>
> As a dissenting senator from an agricultural state once said on the
> senate floor, many years ago, "where I come from, if you subsidize
> something, you get more of it." And, so it is with unemployment,
> too.]]>
Analyzing Larry Summers http://seekingalpha.com/article/165151-analyzing-larry-summers?source=feed#comment-707572 707572 Wed, 07 Oct 2009 16:42:56 -0400 Buying Merrill Lynch likely helped bring down Bank of America (BAC) CEO Ken Lewis, which is ironic, because the purchase is already generating more than 25% of BofA's profits. http://seekingalpha.com/news/market_currents/post/33634?source=feed#comment-703731 703731 BAC) CEO Ken Lewis"

Wrong! breaking the law (allegedly) while doing it did. He is not under investigation for nothing. ]]>
Mon, 05 Oct 2009 11:30:43 -0400 BAC) CEO Ken Lewis"

Wrong! breaking the law (allegedly) while doing it did. He is not under investigation for nothing. ]]>