Cramer: Stupendous Short Sale Volume Drove Banks Stocks Down [View article]
Manipulation has to stop, and the uptick rule restored...
However, banks could have given this shorts a good lesson buying significant amounts of stock at those depressed prices, to give them a lesson like the one Posche gave shorts with VW stock...
You are correct Felix, most bankers are grossly overpaid, and as explained in Liar's Poker, they dont even care much about the total amount, but by the relative amount they earn compared to others in the company/competition.
A friend has a P.h.d in Physics, she is very bright, and instead of working to solve serious problems, she was attracted to work in trading models for Wall street because she made much more money, but I bet her talent would be put to much better use in another place solving real world problems.
Here I Go, Criticizing Warren Buffett [View article]
Somebody is jelous... =P
Look, giving your opinion is NOT insider trading...
While you are at it why dont you criticize Kass, the poor idiot that was shorting Berkshire, and at the same time talking about it on TV. If Buffett cannot give his opinion about GS/GE even after disclosing his positions, why should people like Kass and Einhorn be allowed to do so (who by the way because they are shorts are obliged to much less disclosure)?
Cramer: Stupendous Short Sale Volume Drove Banks Stocks Down [View article]
However, banks could have given this shorts a good lesson buying significant amounts of stock at those depressed prices, to give them a lesson like the one Posche gave shorts with VW stock...
Pay Bankers Much Less [View article]
A friend has a P.h.d in Physics, she is very bright, and instead of working to solve serious problems, she was attracted to work in trading models for Wall street because she made much more money, but I bet her talent would be put to much better use in another place solving real world problems.
Here I Go, Criticizing Warren Buffett [View article]
Look, giving your opinion is NOT insider trading...
While you are at it why dont you criticize Kass, the poor idiot that was shorting Berkshire, and at the same time talking about it on TV. If Buffett cannot give his opinion about GS/GE even after disclosing his positions, why should people like Kass and Einhorn be allowed to do so (who by the way because they are shorts are obliged to much less disclosure)?