Courtesy of the euro and pound!!!
KICK IT!!!
HOLLA
You can call it a friday, I can call it a year.
Back on vacation I go
Joking, I have to stay here with my wife
Just Trade It
Cesarnc's market talk, gossips, rumours & fun
- #12,841
- Oct 22, 2008 11:08am Oct 22, 2008 11:08am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
You can call it a friday, I can call it a year.
Back on vacation I go
Joking, I have to stay here with my wife
- #12,842
- Oct 22, 2008 11:15am Oct 22, 2008 11:15am
- | Joined May 2007 | Status: Trader | 4,716 Posts
You can call it a friday, I can call it a year.
Back on vacation I go
Joking, I have to stay here with my wife
HOLLA
- #12,843
- Oct 22, 2008 11:25am Oct 22, 2008 11:25am
Day by day.. we are getting closer to...
http://www.bigaddison.com/newstuff/a...pocalypse2.png
PS: I wonder who are those that can be classified as the "cockroaches"??
http://www.bigaddison.com/newstuff/a...pocalypse2.png
PS: I wonder who are those that can be classified as the "cockroaches"??
- #12,844
- Oct 22, 2008 11:45am Oct 22, 2008 11:45am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Day by day.. we are getting closer to...
http://www.bigaddison.com/newstuff/a...pocalypse2.png
PS: I wonder who are those that can be classified as the \"cockroaches\"??
- #12,845
- Oct 22, 2008 1:45pm Oct 22, 2008 1:45pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #12,846
- Oct 22, 2008 3:05pm Oct 22, 2008 3:05pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
From CNBC
In a hearing today before the House Oversight Committee, the credit rating agencies are being portrayed as profit-hungry institutions that would give any deal their blessing for the right price.
Case in point: this instant message exchange between two unidentified Standard & Poor's officials about a mortgage-backed security deal on 4/5/2007:Official #1: Btw (by the way) that deal is ridiculous.
Official #2: I know right...model def (definitely) does not capture half the risk.
Official #1: We should not be rating it.
Official #2: We rate every deal. It could be structured by cows and we would rate it.
A former executive of Moody's says conflicts of interest got in the way of rating agencies properly valuing mortgage backed securities.
Former Managing Director Jerome Fons, who worked at Moody's until August of 2007, says Moody's was focused on "maxmizing revenues," leading it to make the firm more "issuer friendly."
In a hearing today before the House Oversight Committee, the credit rating agencies are being portrayed as profit-hungry institutions that would give any deal their blessing for the right price.
Case in point: this instant message exchange between two unidentified Standard & Poor's officials about a mortgage-backed security deal on 4/5/2007:Official #1: Btw (by the way) that deal is ridiculous.
Official #2: I know right...model def (definitely) does not capture half the risk.
Official #1: We should not be rating it.
Official #2: We rate every deal. It could be structured by cows and we would rate it.
A former executive of Moody's says conflicts of interest got in the way of rating agencies properly valuing mortgage backed securities.
Former Managing Director Jerome Fons, who worked at Moody's until August of 2007, says Moody's was focused on "maxmizing revenues," leading it to make the firm more "issuer friendly."
- #12,847
- Oct 22, 2008 7:30pm Oct 22, 2008 7:30pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
From CNBC
In a hearing today before the House Oversight Committee, the credit rating agencies are being portrayed as profit-hungry institutions that would give any deal their blessing for the right price.
Case in point: this instant message exchange between two unidentified Standard & Poor's officials about a mortgage-backed security deal on 4/5/2007:Official #1: Btw (by the way) that deal is ridiculous.
Official #2: I know right...model def (definitely) does not capture half the risk.
Official #1: We should not be rating it.
Official #2: We rate every deal. It could be structured by cows and we would rate it.
A former executive of Moody's says conflicts of interest got in the way of rating agencies properly valuing mortgage backed securities.
Former Managing Director Jerome Fons, who worked at Moody's until August of 2007, says Moody's was focused on \\\"maxmizing revenues,\\\" leading it to make the firm more \\\"issuer friendly.\\\"
Sad, sad world we are in, but no matter what anyone saids...it's all about money!!!
HOLLA
- #12,849
- Oct 22, 2008 8:35pm Oct 22, 2008 8:35pm
- | Joined May 2007 | Status: Trader | 4,716 Posts
I guess she is testifying about his man size!!
HOLLA
HOLLA
- #12,852
- Oct 22, 2008 11:45pm Oct 22, 2008 11:45pm
From CNBC
In a hearing today before the House Oversight Committee, the credit rating agencies are being portrayed as profit-hungry institutions that would give any deal their blessing for the right price.
Case in point: this instant message exchange between two unidentified Standard & Poor's officials about a mortgage-backed security deal on 4/5/2007:Official #1: Btw (by the way) that deal is ridiculous.
Official #2: I know right...model def (definitely) does not capture half the risk.
Official #1: We should not be rating it.
Official #2: We rate every deal. It could be structured by cows and we would rate it.
A former executive of Moody's says conflicts of interest got in the way of rating agencies properly valuing mortgage backed securities.
Former Managing Director Jerome Fons, who worked at Moody's until August of 2007, says Moody's was focused on \"maxmizing revenues,\" leading it to make the firm more \"issuer friendly.\"
This has been going on for decades... Why is it such a surprise. Just go back and listen to the tapes of Enron,,,, Its been clear for a long time. Just no-one with balls to stand up in the places that matter. And it will continue as long as there is someone to cover up the mess when the last person leaves.......
- #12,853
- Oct 23, 2008 12:47am Oct 23, 2008 12:47am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Don't kiss and don't tell, your gonna get yourself in trouble
Just Trade It
- #12,854
- Oct 23, 2008 12:50am Oct 23, 2008 12:50am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
They say Keith Richards only...
Just Trade It
- #12,855
- Oct 23, 2008 6:10am Oct 23, 2008 6:10am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
Just Trade It
- #12,856
- Oct 23, 2008 6:21am Oct 23, 2008 6:21am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #12,857
- Oct 23, 2008 6:22am Oct 23, 2008 6:22am
- | Joined May 2007 | Status: Trader | 4,716 Posts
Yep, I know how you feel.
Time to get some fresh morning air!!!!
HOLLA
- #12,858
- Oct 23, 2008 6:38am Oct 23, 2008 6:38am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #12,859
- Oct 23, 2008 6:43am Oct 23, 2008 6:43am
- Joined Jul 2007 | Status: C.E.O of BWR Investment firm | 4,736 Posts
What you say, we just wrap up and call it an early Friday?
http://www.whoateallthepies.tv/jafsfsafafaas.gif
Hell Yeah,
Hey Turtle, tap that keg mr. D.J
Just Trade It
