Really? You're the one claiming that individual bankers are an irreplaceable part of the business. That is patently false. People do business...
If Joe leaves (because he's a racist twit who can't work well with the new ownership and management), Dick will just step into his place. Those...
And that's a problem, why?? If they 'walk', then they won't have to be paid severance. "MS rainmakers", what the f*ck are you talking about? Or...
Why would the housing market 'recover'? Its currently reverting to something that more closely resembles fair value. Fair value being...
What's wrong with the Chinese buying and running a US investment bank? American firms send their own people to China to run subsidiaries. The...
There's plenty of smart people in America. But just no jobs for them. Guys with MSEE's have to *grovel* for $60k/year jobs, and then kiss the...
But the problem with most of the mortgages that are out there is not one of payments, but is rather one where the interest rate on the loan...
I wouldn't say 'failing'. "Reverting to fair value" would be a better way of putting it... Its truly amazing that any entity, domestic or...
Sure, that 30 year debt would go from 5.5% to 8%, but it would also lose 30-40% of its value overnight, based on having a duration of ~15 years....
I'd like to go diesel + natural gas cofiring for my next vehicle. Or diesel + propane. They are synergistic fuels; natural gas or propane...
Nuclear power is part of Iran's economic development platform, to free more oil and gas for export, to earn income from abroad. I have no clue...
I'm buying oil stocks with long-life reserves that are trading at 3-5X trailing earnings. 'nuff said. That stuff *has* to revalue at some...
If they make traders post 100% margin on their contracts, a few things will happen: 1) The activity will simply go offshore, to wit: the...
Explain to me why any firm would want to hire the same bums that drove a bankrupt firm into bankruptcy? Finance is finance, even a squirrel...
I would be very pleased to take every last drop of Libya's oil production at $40 if they're willing to sell for that, for the next 20 years....
Sure Bylo, but people already own far too many houses and cars. So how does deflation in those assets help the average person? Not at all. In...
I consume more. Much more. High oil prices make a lot of things far more affordable when ordinarily they wouldn't have been affordable. Like...
Wah, wah, the business model of relying upon 'magic' money, instead of taking deposits and investing in mortgages and business loans the...
30bp. woo-hoo! Big f*cking deal, unless you're an extremely highly levered speculator or arbitrageur.
The stock market is a play on the declining US dollar and lowered interest rates. Sure the financials may go bankrupt, but I personally would...
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