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That line from the father's song in Mary Poppins, where he's going on about how nothing can go wrong, in Britain in 1910.  That's about the point I realized the boy was gonna die in a trench.

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Damn, it feels good to be a bankster.

Started by The Good Reverend Roger, July 10, 2009, 03:24:40 AM

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Bruno

#15
July 10, 2009, 07:14:31 AM
Quote from: The Good Reverend Roger on July 10, 2009, 05:13:42 AM
Quote from: Requia on July 10, 2009, 05:00:19 AM
The even funnier part will be the complete lack of investigation.   :lulz:

If this hits the major media, I'll be more than a little surprised.

Also, this:

QuoteThe purpose of this Information Memo is to advise all member organizations that the New York Stock Exchange LLC (NYSE) will be decommissioning the requirement to report program trading activity via the Daily Program Trading Report (DPTR), which was previously approved by the Securities and Exchange Commission (the Commission).1 The last trade date for which member organizations will be required to file the DPTR with the Exchange will be July 10, 2009 and therefore the last required date to submit the DPTR will be July 14, 2009.

http://apps.nyse.com/commdata/PubInfoMe ... F006D4F66/

Records?  We don't need no records!

Borked link.
Formerly something else...

The Good Reverend Roger

#16
July 10, 2009, 07:22:25 AM
Quote from: Jerry_Frankster on July 10, 2009, 07:14:31 AM
Quote from: The Good Reverend Roger on July 10, 2009, 05:13:42 AM
Quote from: Requia on July 10, 2009, 05:00:19 AM
The even funnier part will be the complete lack of investigation.   :lulz:

If this hits the major media, I'll be more than a little surprised.

Also, this:

QuoteThe purpose of this Information Memo is to advise all member organizations that the New York Stock Exchange LLC (NYSE) will be decommissioning the requirement to report program trading activity via the Daily Program Trading Report (DPTR), which was previously approved by the Securities and Exchange Commission (the Commission).1 The last trade date for which member organizations will be required to file the DPTR with the Exchange will be July 10, 2009 and therefore the last required date to submit the DPTR will be July 14, 2009.

http://apps.nyse.com/commdata/PubInfoMe ... F006D4F66/

Records?  We don't need no records!

Borked link.

http://apps.nyse.com/commdata/PubInfoMemos.nsf/AllPublishedInfoMemosNyseCom/85256FCB005E19E8852575DF006D4F66/
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

The Good Reverend Roger

#17
July 10, 2009, 08:07:17 AM
Quote from: rubickspoop on July 10, 2009, 08:05:14 AM
Internet records indicate Singh's Web site is located in Bavaria
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aDH30o9l0jn0

Oh, shit! Illuminati?

Perhaps they killed MJ to provide cover for this would-be scandal that SHOULD cause a majority of people to lose faith in our economic system.

Well, shit.  Conversation over.   :|
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

The Good Reverend Roger

#18
July 10, 2009, 08:20:39 AM
Why is it that some people feel they have to be the next goddamn Lenny Bruce on every fucking thread, no matter what the hell it is about?  There's nothing like doing a shitload of digging on a subject, then having some asswipe come prancing in, trying to be fucking Robert Anton Wilson in one of his more incoherent moments?

Goddammit.  Fucking piss me off.
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

rubickspoop

#19
July 10, 2009, 08:53:41 AM Last Edit: July 10, 2009, 08:57:05 AM by rubickspoop
OK, now seriously, great digging by all of you. I didn't have a goddamn clue GS runs the show like it does. Now I do, thanks to you fine people.
Here is a related link that I found: http://zerohedge.blogspot.com/2009/07/new-york-stock-exchange-we-screwed-up.html
I have found that zerohedge blogspot to be somewhat clear, an interesting read, and quite opinionated (in a very good way, IMO). There is some good discussion going on there, too.

I don't think there's a chance of the mainstream media picking this up. And even if they do, there's no way they will report what actually happened. Goddamn, our system is fucked up. I'm not feeling all that hopeful for the future right now.

edit: at TGRR: i accept your tongue-lashing and apologize for not recognizing the work it takes to find real information and for mucking up your threads
I'm a celebrity... Get me out of here!

Cain

#20
July 10, 2009, 12:29:47 PM
Quote from: Iptuous on July 10, 2009, 04:02:52 AM
i thought i recalled hearing somewhere that the code was compromised recently and they had to scramble...
can't find the article now though....

oh, hey. speaking of GS and evil....
have you read the latest Matt Taibbi article on them?  definitely worth the read. those fuckers are evil....
http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine?commentPage=3#rate

Yeah, and Matt Taibbi is pretty much the only guy I have seen really getting his teeth into this story (which I admit I don't fully understand the implications of yet, but intend to do some reading on it over the weekend, if I can).

Golden Applesauce

#21
July 13, 2009, 04:21:31 AM Last Edit: July 14, 2009, 10:06:11 PM by GA
Hey, check this out.

http://www.nytimes.com/2009/07/13/business/13goldman.html?hp
Apparently analysts say Goldman-Sachs might earn 2 billion dollars in profits this quarter.

ETA: nevermind, they beat the analysts.  $3.44 billion in profits this quarter; $5 a share.

"This business has performed well because the bank has taken on greater levels of risk since the end of last year."

"Goldman's trading revenue has been helped by the fact that several of its rivals went out of business in the credit crisis, a fact that has added to its market share. It has also been able to increase its fees."

I wonder which of these two things helped more?   :?

http://www.nytimes.com/2009/07/15/business/15goldman.html?_r=1&hp
Q: How regularly do you hire 8th graders?
A: We have hired a number of FORMER 8th graders.

Golden Applesauce

#22
July 24, 2009, 03:42:00 PM
The NYT has noticed something is up with programmatic stock transactions, and they mention that Goldman-Sachs is one of the companies that has been benefiting from this.

http://www.nytimes.com/2009/07/24/business/24trading.html?_r=1&hp
Q: How regularly do you hire 8th graders?
A: We have hired a number of FORMER 8th graders.

Elder Iptuous

#23
July 24, 2009, 03:47:17 PM
i don't get it....
why are they trotting this out like it's new news?

Jenne

#24
July 28, 2009, 02:12:22 PM
Bill Maher had Matt Taibbi on his show this past weekend and challenged him thoroughly...it was interesting to see.  I know Maher doesn't believe that the rich should get richer, but he did challenge the notion that NOT helping banks would have been a good thing--though Taibbi had a good answer for that vis a vis the money "wasted" on the banking industry could be used to fund health care 30 times over.  Taibbi's premise is more or less that G-S controlled the market through the people they have in power in the government.  Nice.  And it makes a lot of sense.

The Good Reverend Roger

#25
July 28, 2009, 02:14:58 PM
Quote from: Broken AI on July 27, 2009, 09:14:18 PM
its new to me.

:argh!:

bunch of bent bastards.

I'm shocked.  SHOCKED, I TELL YOU!
\
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

fomenter

#26
August 23, 2009, 08:45:02 PM
"So she says to me, do you wanna be a BAD boy? And I say YEAH baby YEAH! Surf's up space ponies! I'm makin' gravy... Without the lumps. HAAA-ha-ha-ha!"


hmroogp
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