All that is happening with this Greek default mess is governments trying to keep the banks and traders in credit default swaps from losing their investment. WTF! Do any of you have a gaurantee that you won't lose money when you trade forex, stocks, ...

As for being tired of Greek news, there are so many "financial news" outlets these days. TV, radio, blogs, web sites, you name it. They have to have something to talk about. I believe Greece will exit the Euro. How it is handled will be interesting ...

some typos in my last post, should read 'can be sustained' ...

Governments have overspent promising massive entitlements to it's citizens. The solution is common sense reformes that scale back these programs and promote GDP growth. That's not likely to happen since the public is now addicted to these ...

Everybody tamed their budget crisis in the mid 90s. Nothing earth shaking here.

They took lobby money from the brokers. What does FIFO do to protect the trader? Nada! What does 'no hedgng' do to protect the trader? Nada. It hampers the trader and favors the broker, as if they didn't already have a upper hand not unlike the ...

I'm gonna do the Bernanke trade this morning. 9 times out of 10, when he gets in front of a microphone, the dollar goes down 50 pips across the board. Hespeaks at 8:30 AM CST

This is getting to be a regular occurance, as my dear old Mom would say. And BS I'd say. This is like global warming. Why does this guy get a pass? I wouldn't piss in the next stall with Corzine. OWS can't change the porta potties, much less the ...

great article

I love what Herman Cain said. "If you don't have a job, if you ain't rich, don't blame Wall St, blame yourself."

I hate payroll Fridays. I stay out all together this day. A lot of volativity over nothing

Goldman Sachs should know. They "own" the current administration as well as the treasury. Well not really own it, but they do have check writing priviledges.

My opinion is that big traders, institutions, and now us little 'retail' traders have all the information they need. Fitch, Moddy, and the S&P raters are giving us old news. I believe their rating system is worth diddly squat, and that's about it.

Sorry- I just read the story... Very good, and humorous. The writer knows his sh*t. I missed the irony cause I've had a few beers and I tend to speak before thinking after a few beers

Goldman Sachs is the mouth piece. Why would you beleive anything published in print from GS? They tell the public and the media one thng and tell their well heeled clients another. That's why their still in business. They're ruthless on both sides. ...

Operation Twist sounds a lot like rolling a losing credit spread. You're pushing the loss out in time with the hopes of things going your way. Hey.. sometimes it works. I doubt it does this time

No matter what Bernanke says, EURUSD and GBPUSD will jump at least 50 pips up. Happens every time he gets in front of a microphone. Been a good trade so far the past 3 years.

I bet they got tagged for not paying their 'lobbying bill'. Congress is the ultimate protection racket. A couple years ago US customers lost 2 good tools hated by the brokers. The ability to hedge is one, and place conditional orders without ...

Strange. The story says the dollar is down against 12 of the 16 majors. My charts show that it is up against EUR, GBP, AUD, NZD, and CAD. Down against the yen. Is this from Friday's prices?

Institutional investors and countries already know what they are buying and credit ratings are factored in long term. I think S&P ratings are hyped by the media but ignored by the pros. Why would stocks drop? Company profits aren't dependant on S&P ...