Just how it works here. You have pressure from all different groups and special interests pushing and pulling different directions. Then you have...
Looks like a hedge. Huh? Ripples? Seriously?
you forgot to mention cell phones...yes that's right, I heard a commercial on the radio advertising free, gov provided cell phones/minutes....
Not sure if you're joking or not but here goes: since it's clear that the "rich" (i.e. bastards making over $115k) pay income tax, your little...
On a related note: The top 10% consists of about 14 million people. They pay 70% of total income tax ... The bottom 50% consists of...
This gunning for your stops thing is a bunch of BS imo. Think of how many contracts someone would have to trade to push the market into a stop....
Delta? And what happens to the delta when it moves against you? Which way does it go? And what about the rate-of-change of the rate-of-change of...
By that standard we'd have to stop all forms of marketing, for pretty much everything. All ads promote some type of unrealistic expectation;...
Honestly, that sounds like a disaster waiting to happen.(and this is coming from someone who's biggest trade has been long-gold for the last 6...
The Federal Reserve system has always been part cartel, part central planning agency. That's a good framework for studying the history of the...
Ideology aside, you could have temporarily nationalized the biggest offenders, fired all the management, kill the equity, restructure the debt,...
Maybe he is, but at this point isn't it a moot point? He, as the consummate professional trader, made that trade and claims it was real. So...
Does that include the Bear Stearns deal that was backstopped by the fed for JPM while he was on the board?
Fair enough, but during the 87' crash some of the index arbs took a big hit and during summer 07' and throughout 08' a number of the big stat arb...
Agreed, most people can be good winners, a lot tougher to deal with the (multiple) losers.
Yes and no, you would have to break-down the strategy, not just look at the biggest drawdown. Take a guy that started in 2004 selling way OTM...
I think there are a few changes that could be made to lessen the systemic risk of TBTF firms, w/o bailing them out... 1) Require banks, and...
Total Assets ~ 2.9 Trillion Total Capital ~ 52 Billion Leverage ~ 55-to-1 Lehman was about 30-to-1. The fed can mark those assets...
me neither, then they can learn to be calm after their own blow-ups. It's always fascinated me how soo many people think some random guy is...
I empathize with most new traders who take big losses. But when somebody claims to be a pro and has the nerve to charge others money for...
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