Krypto is sleeping in ... her model shows no action for today. Other asset classes fell enough to keep the gold+silver class from getting a clear buy signal. I see futures are down bigtime this morning. Oh well, maybe in a few weeks Krypto can re-buy what she sold on Friday.
Obey the machine ....
MF Global
$700 million is missing. The hedge fund industry gets another black eye. Corzine seems to have been a power hungry, greedy knave. First he did nothing to help the people of New jersey as both a Senator and Governor. Now he blows up a formerly fine firm and was captain of a ship while its hold was looted. He's certainly Knave of the Month.
Word of the Day
"Rococo" - adjective [$10]
Rococo means excessively ornate or intricate.
Sentence: Much art and decor from the era of Louis XV exhibits the rococo style; one can see this clearly in many rooms of the Frick Museum at the corner of Fifth Avenue and east 70th street in New York City.
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14 comments:
should Greece be kicked out of the EU Bman ??
No, but let it default.
How can a union kick out a member for screwing up? Just let them default.
The US cannot kick out a state.
If the people don't want "auterity" let them find someone else to lend them money.
The government's payroll checks will bounce.
Spin-em said...
T2108...12
October 4, 2011 7:42 AM
Spin-em said...
T2108 84
October 27
Spin-em said...
Does Krypto like TZA right here?
October 28
well done Spin (I pat myself on my back double FU fingers to AFO'S "the team")
LOOOL
hmm yes, a well deserved "well done" spin.
as an ex-rugby player, I'll say: "nicely done", spin.
lol...Bunk...that rugby is one tough sob...some games been on the tube...woowww...ur knees must be shot?..lol
Johnny Corzine 80 to 1 unhedged....let me ask you...would that be wrong???...lol
Johnny Corzine...using clients money....700 millllllion missing....is that SOP??....lol
BREEEEEEEEEEAKING NEWWWWWWZZZZ
Johnny Corzines lawyer says...he found the $$$..its was in his other pants....it was in his other pants..lol
re knees - nah ... as a weightlifter from age 11, I have "big bones"
no problems.
I guess Jon Corzine will go down as the poster pig for a Wall Street hog.
It fits that he was a liberal in DC - loves risking and spending OPM.
I admit I'd like to see him in a perp walk.
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