Monday, March 2, 2009

Snowstorm

Global warming has been delayed. Weather here is driving snow and 20F temperature.

There are reports of more hedge fund liquidations, and the public seems to be selling out of equities.

AIG reports huge losses and gets more support - no surprise.

HBC is doing a private rights issue. HBC seems to be the only bank in the world that is able to raise capital privately now. I own some and will take up my rights, buying more stock at the offer price when it comes.

Futures are down big as are European stocks - usually this means a bad day.

I arose late this morning - may post more later.

Word of the Day

"Orthoëpy" - noun [$10]
Orthoëpy means the study of the (correct) pronunciation of words.
Sentence: An application of orthoëpy is its own pronunciation, viz. the trema (two dots) over the 'e' mean that it is pronounced individually and not as a diphthong with the 'o': or - tho - e - pi with the 'e' long as in feet.

Le Mot du Jour

"Échéance" - noun, feminine: la échéance
Échéance means expiration date, maturity day; term, run (econ)
La Phrase: À longue échéance, nous sommes tous morts.
Sentence: In the long run, we are all dead.

47 comments:

mfl59 said...

Good news for bulls like yourself Bunkerman...I heard Kudlow on the radio on Saturday...he and his panoply ($10) of colorful ties are so bearish its scary....

Bunkerman said...

lol

Bunkerman said...

Kudlow dresses well, but I dislike those white collars with a striped shirt. I never liked those - very pompous in my humble opinion.

My ties are more colorful, btw.

Last trip to NYC, again several women came up to me with compliments.

Or is it my good looks - nahhhhh.

Spin-em said...

Bunk rumors by posters and non posters are rampant about your looks.....what "famous" person best describes you?.....btw I say George Gobel

Bud said...

attoney general of the US wants to take your guns away Bman............damn the 2nd amendment


according to him 2nd amendment was for militias........not private citizens

Bunkerman said...

I guess he forgot to read the Supreme Court decision from last year.

Bunkerman said...

Obama should tell him to shut up - or he'll endanger that D majority in the House.

Bunkerman said...

Hmmm I need to think about that.

Spin-em said...

just volunteer...thats all you need to do.....your time,your taxes,your guns,your rights..ect.....mern..what have you done???..pfftttt

Bud said...

talk like that definitely explains the action in RGR and SWHC

Spin-em said...

hope it was worth that hundo bet mern.....

Bunkerman said...

yes, people go out & buy whenever bans are a public issue.

Bunkerman said...

I see IP cut its dividend (no position), to be able to pay down debt.

So when stock prices are high, the geniuses - above average - managemetn buy back stock instead o fpaying down debt, and when stock prices are low, they cut teh dividends to "pay down debt".

I think top financial management of almost every company is now proving to be grossly incomptetent at best or simply looters at worst.

Cut their pay bigtime.

Stockholders really need power - real power.

mern said...

listed my home this weekend at 239. paid 246 in 2004.

if it sells, costa rica here i come!

spin im currently a pseudo big bro, and somehow, have a wife and 2 kids.

yesterday was real interesting. i was taking a well deserved nap with my 3 dogs and biancas corgi.

bianca shows up at 3pm in utter panic. she lost her blackberry, which was at my house. her 2 yr old opened a "child proof" bottom of astma medicine and ate half the bottle. while we were frantically calling dr's, pharmacists, poison control.

a gud ole fashion dog fight broke out and it was ugly.

bottomline kid alright, dogs ok.

i had 37 anxiety attacks in 4 minutes

mfl59 said...

how far are you from the beach mern? perhaps Ive had enough of the cold weather....

Frosty said...

HBC...say what...they buy HFC at the top of the consumer credit cycle and now exit US comsumer credit market...I can see why you like that one...has Mrs. B signed off on that trade sir.

mern said...

man i hope cindy got canned today at hsbc!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

u think its warm here?

well if 45 is warm..........

45 minutes from beach, 45 min from disney. 15 minutes from da casino, that i refuse to visit becuase they allow smoking. which is the most disgusting habit known to man, and it kills u.

y is that legal?

Frosty said...

easy mern...cindy and the band of brothers may come take the rest of your shit...keep a bullet in your pocket barney :)

Spin-em said...

good luck merny

Spin-em said...

http://homepages.rootsweb.ancestry.com/~goble/homepage/photos/ggobel2.jpg

Spin-em said...

lool that didnt work ..was a pic of george G

mern said...

lets play a game.

where were u 5/1/97?

i was doing about 5 grand a month in gross, and just trying to survive. my net worth was 0. i was dating a 21 yr old with a 3 yr old daughter.

i lived in a house, on the water, with my old partner who tried to steal all my clients when i moved to shields.

we lived together for 6 months and didnt speak.

i did lite bottle rockets under his door, at night, when he tried to sleep.

cherise was a puppy and most of her puppy poop wound up in roomates bed.

he was 6'4, 250 and never wanted to just get it over with and fight it out like men.

the other room mate moved in feb, because he cudnt deal with the situation.

mfl59 said...

Bunkerman do you regret giving Ron Insana money to start his hedge fund?

Spin-em said...

mern...couldnt you say "sorry" and shake hands?

Bud said...

shake hands



lmaooooooooooooooooooooooooooo

Bunkerman said...

haha re Insana ... if I ever give money to a hedge fund, tell Mrs. B to have me committed.

mern said...

what did i have to be sorry for?

he tried to steal my clients. called my clients and family and said terrible terrible, untrue things about me.

and if u think im kidding, if i hadnt warned everyone about the chatty 101 playbook, i may have never gotten my book over.

my best friend, roomate, whatever. suggested he wud do whatever he cud to help me tat my clients.

here was the rub. he wanted to work at shield too. they hired me, becuase im not a crook, and they wudnt hire him becuase he was.

1 day, shortly after joining shields, my phone rang off the hook with friends from chatty, suggesting i shud be really upset with my roomate.

when i found out what he did. all 5'8 of me went home and confronted his fat ass.

he sat down in a chair, balled up, and said if i hit him he wud call the cops.

3rd roomate actually helped blow his room up and put dog shit in his bed.

josh and i r still best friends, but he cudnt live with the 2 of us. once the lease was up i moved to clearwater.

what my roomate did was illegal and just so off the chain insane, im still pissed.

heres an actual quote, to my uncle.

"i like mark, live with him, hes smart, but the crack has him!"

chatty 101. again i warned my clients before i left. it actually helped get some people off the fence becuase once he called they got scared. and they shud have.

boiler room, pffffffft, that movie was not realistic, real world much much much worse!

mern said...

great it looks like d mac has played his last game as an iggle.

he wants additions.

i think banner and lurie just gave him a big FU.

dawk they cud have signed him for 8mil over 2 yrs with the 2nd yr being conditional.

c buck, well, imvho has more tread on the tires than westy.

not going after ward, or TJ.

and all indications r the birds who r 40 mil under the cap, want to stay about 30 mil under the cap.

"gold standard" wtf is lurie taking about? ya his investment has done great, and he is the biggest cock tease of all time.

Spin-em said...

for the crack....letting your "parter"(who was doing all the work) down..????

Spin-em said...

with Eagle QB history..... maybe theyre savin up for Farve???

mfl59 said...

or perhaps they plan to draft Michael Teel...

Spin-em said...

oh maaan..who would you cheer for then mike...worlds colliding..lool

mfl59 said...

I despise the Eagles....not even a question...

Spin-em said...

thats it....Im withya brother....


LETS GO METS!!!

Bud said...

CMP !!!!!!!!!!!!!



joe torre jr nailed it


"helluva call"

mfl59 said...

joe torre jr couldnt find his dick with two hands a map....

Bud said...

come on !! that's just rude



LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Spin-em said...

LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

MVP MVP MVP

mfl59 said...

Obama must love to see stocks like XOM getting taken to the woodshed

Frosty said...

YUM trading down on wing tax rumor.

mern said...

Peter Gibbons: So I was sitting in my cubicle today, and I realized, ever since I started working, every single day of my life has been worse than the day before it. So that means that every single day that you see me, that's on the worst day of my life.
Dr. Swanson: What about today? Is today the worst day of your life?
Peter Gibbons: Yeah.
Dr. Swanson: Wow, that's messed up.

Spin-em said...

wing tax......lmaooooooooooooooooo

mern said...

barry is never ever gonna raise taxes on chicken!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

chicken, watermelon and greens r off limits.

come on bob. u an old racist, u shud know better!

:-)

Spin-em said...

Noreaster today....see its workin guys..... shovel ready projects

Bunkerman said...

Thank you, beefers and the dumb rich, for another wonderful day as you bail from the world in fear.

Spin-em said...

shovel ready projects????...nutten?? wtf???..that was gold

Bud said...

'beefers and dumb rich'


LMAOOOOOOOOOOOOOOOOOOOOOO