mj's Profile
Entry: You Say 'Cockamamie Spending Plan' Like It's A Bad Thing
posted by mj
Oct 30, 2008 3:35PM
@5 but Roger Ailes, who happens to still be Cavuto's boss, is a GOP mouthpiece. There was a politics chat on washingtonpost.com a little while ago and a question was asked about Shep Smith dressing down Joe the Plumber. One of the the analysts on the chat noted that Fox's bias has always sided with the GOP base when they've broken with individuals, first Bush and now McCain.
You could look at Cavuto's rant in the same context. In both instances, Fox is serving red meat to the party faithful as they consolidate themselves and begin to break from McCain much like they did when Bush's popularity began to sink. They're pushing back against the campaign that has taken to tossing them under the bus rhetorically and in principle now that they no longer see any benefit in remaining loyal to it.
In other words @4, the McCain campaign is probably less hurt by the criticism than they are by the implicit admission by Fox News/FBN that they believe McCain is going to lose.
With any luck, they're right.
Entry: Nassim Taleb's Got A Plan
posted by mj
Nov 06, 2008 1:29PM
Quants wud appreciate being locked away. Then they'd be protected from shrholders.
Entry: Just Asking
posted by mj
Nov 14, 2008 4:19PM
I'm with @9. Cummings is a respected and hardworking Congressman who shoots his mouth off sometimes. And he wasn't calling Kashkari a "chump." He was characterizing the behavior of firms that have taken $2 trillion worth of checks and not put the money into the system, potentially just pocketing it, and asking Kashkari how he (and Treasury) felt abt that.
CNBC is truncating the quote so they can feign outrgage. What he said was: "I'm just wondering how you feel about an AIG giving $503 million worth of bonuses on the one hand, and accepting $154 billion from hard-working taxpayers. What really bothers me is all these other people who are lining up. They say, well, is Kashkari a chump?"
Entry: Hedge Funds Are Private, Largely Unregulated Pools Of Capital....
posted by mj
Nov 20, 2008 12:33PM
Scholes once told a colleague of mine who at the time had 20yrs experience trading bonds that he [my colleague] wasn't smart enough to deal with him [Scholes]. Fuck him.
Entry: The New Treasury Secretary
posted by mj
Nov 21, 2008 3:52PM
I don't know if I can support the nomination of anyone who's clearly thinking abt grabbing boobs while testifying before Congress abt the bank failures and bailouts. (Had to be said. Can't believe it wasn't already.)
Entry: Spitzer Travel Agent/Trollop Handler Gets A Year
posted by mj
Nov 25, 2008 12:13PM
Trollop is a word that just isnt used enough.
@5, conjugal visits u mean?
@4, No
Entry: Spitzer Travel Agent/Trollop Handler Gets A Year
posted by mj
Nov 25, 2008 12:20PM
@14 - Conviction Sell
Entry: Broken?
posted by mj
Nov 26, 2008 11:48AM
@18 Yesterday's news caused buying in agy MBS. TBA's correspond to the 10yr, and ppl hedge that trade by bying the actual Note, the TYA, other futures contracts on the 10yr, and 10yr swaps (not CDS). The CDS are trading on the back of that. Whole lotta nuthin.
@23 CPB cash were trading as tight as any credit until their lackluster results and a Merrill downgrade.
Entry: CNBC: John Thain Will Not Receive Bonus This Year
posted by mj
Dec 08, 2008 4:34PM
I guess if you wanna put a price on not looking like the worlds biggest asshole, its more than $10million. Or how it goes in Thain's mind right now: "The fucking WSJ cost me $10million!"
Entry: Jamie Dimon: Banks Must Stop Enabling Junkie Whores, Prepare For Tough '09
posted by mj
Dec 11, 2008 2:41PM
Does Huckman know abt Jamie and Becky? And Erin seemed pretty collegial with him (not in a dirty way). I'm curious how many off the record chats (also not dirty) have they had since this mess started?
Entry: Who Is Trash Talking Jamie Dimon To Charlie Gasparino?
posted by mj
Jan 05, 2009 10:11AM
If Dimon is someone who runs an umbrella banks and is respected by his underlings, understands risk management and the balance sheet, holds departments accountable, and manages the business tightly so as to not let things get out of control, then wouldn't the jealous little shit talking to Chaz be someone who runs an umbrella bank but is none of those other things. Or maybe Vikram's motivation was simpler, like: "Jamie gets a feature interview with Erin Burnett in the Waldorf ,and here I get Gasparino telling me we have to go dutch on lunch at San Pietro! Motherfucker!"
Entry: You Say That Like It's A Bad Thing
posted by mj
Jan 16, 2009 2:34PM
@5 good to know. mind sharing how many stages there are? it'd be really helpful to the rest of us. kthx.
Entry: You Say That Like It's A Bad Thing
posted by mj
Jan 16, 2009 2:39PM
@5 good to know. mind sharing how many stages there are? it'd be really helpful to the rest of us. kthx.
Entry: Live: The Mistakes I Made In Preparing My Tax Returns
posted by mj
Jan 21, 2009 10:59AM
Grassley seems like he was mostly bringing up Geithner tax issues as a way of harping on tax code reform, one of his pet issues. Also, I liked Geithner's opening statement.
Entry: Watch This Video Right Now
posted by mj
Apr 17, 2009 5:41PM
@Investorcluzo I dunno, I was just gonna say Kernan's face screamed "I can't believe I'm still here. If I wasn't standing behind my boss right now, I'd be getting the fuck outta here."
Entry: Caption Contest Friday: Anyone Missing An Intern?
posted by mj
Jul 31, 2009 11:56AM
New legislation in front of the House: You get to keep your bonus but you gotta stay like this for two hours.
Entry: Who Would Mesh Best With Vikram Pandit?
posted by mj
Oct 28, 2008 3:12PM
@7 Vikram left when P-squared consolidated power and promoted loyal vp's Zoe Cruz and Steve Crawford to co-president leapfrogging Vik in the process. Also the biggest problem with these two getting together is the old Dean Witter and Smith Barney pieces of each company. It's a little complicated but they're retail so who gives a fuck, really?