Recent comments by Rajesh
Outsider wrote:
getting uber richer,
Paper wealth is illusory. Multiplying the price of a stock by the amount of stock held assumes that all that stock can be sold at the same price without moving the market. The price of Microsoft reflects the fact that Bill Gates doesn't need to sell his stock for money. If he suddenly needed billions in cash, the stock price would dive.
Outsider wrote:
You have a newsletter?
No, I'm not willing to share my money losing secrets, unlike poic.
Outsider wrote:
rif doesn't make much cents.
I'm a fool to buy them, but some greater fool will come along and buy them from me for more money.
Outsider wrote:
Every penny is sacred.
Canada dropped the penny. The U.S. should follow that excellent example.
All my money is invested in rifcoins. The trick is to get into the bubble early. That's where the biggest returns are.
How would this chart look with Labor Participation instead of unemployment rate?
France spurns call to take over Saint-Nazaire shipyard
| Reuters
Industry Minister Arnaud Montebourg told French daily Le Monde that nationalizing the site would serve no purpose.
"The Saint-Nazaire shipyard needs more orders, not a new shareholder, because the site is working well," Montebourg said. "We met the conditions in December 2012 to land an order for a giant liner and we continue to work to ensure the long-term future of the site."
What good is a smart bomb if you have a dumb president? - Boondocks
Bubblisimo Gerkinov wrote:
May the 4th be with you.
I'll wait until tomorrow.
Rob Dawg wrote:
the P/E relative to the alternatives.
What's the P/E of Greek bonds?
EU's Barnier calls on France to pursue economic reforms
| Reuters
France - which restated on Friday it would bring the deficit below 3 percent in 2014, only one year later than the original deadline - must pursue its retirement and labor reforms to boost its competitiveness and to overcome its unemployment crisis, Barnier said.
"It's a moment of truth for the government which needs to have the political courage to carry out those reforms which will sometimes not be understood, and require effort," he told French radio Europe 1 in an interview.
ResistanceIsFeudal wrote:
Only a mic?
The version with the camera is still having the bugs worked out.
Outsider wrote:
tick #4 of this season was feasting.
Robotic ticks carry a microphone so the NSA can monitor you.
Outsider wrote:
You say that like it's not true.
I have to protect my sources. Otherwise, you wouldn't believe the dirt I know about.
dilbert dogbert wrote:
Where are those atomic powered cars and airplanes?
The Pentagon is suppressing them because they present a security risk. We can't let the Soviets get their hands on this kind of technology.
Tom Stone wrote:
Who IS # 666?
There is no user 666
665: Comrade Gibbon | Hoocoodanode?
666: Access Denied / User Login | Hoocoodanode? 
667: Jay.D.. | Hoocoodanode?
lawyerliz wrote:
I dun heard the word before, but never explained?
is a hash (also called a pound sign.) follow it by a word #fun and you have a hash tag.
sm_landlord wrote:
digging out some vino
You have a vino mine, that's so cool. Much more lucrative than mining 
.
It's a busy night.
US officials say Israel launches airstrike into Syria, apparently against weapons site - The Washington Post
The officials say the strike occurred overnight Thursday into Friday. They say it does not appear that a chemical weapons site was targeted.
One official says the strike appeared to hit a warehouse.
Israel has targeted weapons in the past that it believes are being delivered to the Lebanon-based militant group Hezbollah.
JPMorgan CEO Dimon to meet with OCC examiners: WSJ
| Reuters
JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon is scheduled to meet next week with bank examiners from the Office of the Comptroller of the Currency in a meeting the bank requested, the Wall Street Journal reported on Friday.
According to the Journal, the meeting provides a rare opportunity for more junior examiners to talk to Dimon and will be held in the style of a town hall meeting.
A spokesman for JPMorgan declined to comment.
The meeting comes as JPMorgan faces a host of regulatory woes including potential market manipulation charges and continuing scrutiny by federal investigators over the events leading up to its $6.2 billion trading loss last year.
Dimon, meanwhile, is dealing with calls from shareholders to relinquish his role as chairman of the bank's board.
Bankers being Bankers
Credit Suisse says ex-VP stole trade secrets in move to Goldman
| Reuters
In a complaint filed in Manhattan state court, Credit Suisse said Agostina Pechi sent confidential and highly sensitive company documents to her personal email account in the months leading up to her resignation, including databases, client contact information and sales team targets.
The Swiss bank also accused her of conducting an "after-hours document raid" when she was scheduled to be on vacation in which she allegedly copied transaction documents related to a longtime Credit Suisse client.
After Pechi resigned on April 2 and told the human resources department she was accepting a new position with rival Goldman Sachs, Credit Suisse launched an investigation into her departure and found 60 work emails in her personal account, according to the filing. The next day, those emails had been deleted and could not be recovered, the complaint said.
ResistanceIsFeudal wrote:
a fingerprint reader
Windows 8 has a driver for a fingerprint writer, but it's a little flaky.
lawyerliz wrote:
What else does this thing do, that I have no suspicion of?
Don't tell her about the web cam features, It'll freak her out.
Counterpointer wrote:
It's a SIGN. A sign, I tell you!
Don't forget the comet! Strange omens in the sky!
ResistanceIsFeudal wrote:
guy who forgot to bring his schizophrenia meds.
Like you've never forgotten you're meds. Or was that me?
lawyerliz wrote:
I would have said: don't.
But if you don't attend an institution of higher learning, how can you pollute your mind with the right nonsense?
Outsider wrote:
Mortgage Forgiveness
Excessive Mortgage Interest Rate Rebate. (EMIRR)
Any home owner with a mortgage with Freddie or Fannie that has an interest rate above 4% that make all twelve payments on time, get a rebate of 5 basis points. The rebate amount is re-characterized as principal instead of interest.
Counterpointer wrote:
I feel like some bankenfreude.
Jeffrey Vinik to close hedge-fund: WSJ
| Reuters
Hedge-fund manager Jeffrey Vinik plans to close Vinik Asset Management after poor performance that coincided with several changes at the firm, the Wall Street Journal reported on Friday.
Vinik plans to return several billion dollars to outside investors at the end of June, the newspaper reported. (r.reuters.com/ped87t)
Vinik, who also owns the Tampa Bay Lightning hockey team, rose to prominence at the helm of Fidelity Investments' Magellan fund in the 1990s.
"After a great deal of consideration, we have made the difficult decision to return our investors' funds," the newspaper quoted Vinik as saying in a letter to investors on Friday.
Wall Street sees Fed buying $1.25 trillion of assets in stimulus: Reuters poll
| Reuters
While all of the primary dealer economists who responded to the poll said they eventually expect the Fed to reduce the size of its monthly buying, several said it would take some very noticeable slowing in economic growth to spur the central bank to move to increase the size of purchases.
"The bar for expanding is high," said Julia Coronado, chief North American economist at BNP Paribas in New York. "To do more, the economy would really have to be in a dire situation."
Yes, this will boost their economy.
BBC News - Portugal aims to cut 30,000 civil service jobs
Portugal is planning to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet the terms of a bailout.
Prime Minister Pedro Passos Coelho said civil servants would also be required to work 40 hours a week instead of 35.
The proposals, which would be applied mostly from next year, would save 4.8bn euros (£4bn) over three years, he said.
Austerity measures have proved deeply unpopular and have triggered large protests.
ResistanceIsFeudal wrote:
use the reputation acquired to opine on areas outside one's expertise as if you had the same authority in that subject
I do the same thing, except I skip that whole reputation step. It's just a waste of time.
Does this chart suggest a booming economy?
http://research.stlouisfed.org/publications/usfd/page5.pdf
mp wrote:
I'm enjoying the day.
It's good to hear from you, mp.
Citizen AllenM wrote:
he didn't engage in the folly of invading the neighbors.
He wanted to but the big boys didn't extend an invitation to him.
BarleyReturns wrote:
Aint that the truth
If we're going to move the unemployment needle we need to scale up some.
Citizen AllenM wrote:
workable employment policy.
Concentration camps aren't in vogue these days.
Bubblisimo Gerkinov wrote:
is the bottom in?
$700 wait for it.
FERC finds JPMorgan manipulated power trading: report
| Reuters
Investigators from the agency that regulates power markets have found a unit of JPMorgan Chase & Co (JPM.N) manipulated trading in the California and Michigan electricity markets, the New York Times reported, in what would be the latest government crackdown on trading abuses in the markets.
The newspaper said it reviewed a confidential, 70-page government document that was sent to JPMorgan in March and that also criticized Blythe Masters, the bank's current head of global commodities and former chief financial officer.
JPMorgan denied their employees did anything wrong related to the California and Michigan electricity trading.
poicv2.0 wrote:
Mindless spending as well as mindless Austerity
We need
BRAINZ!
EU Sees Spain Deficit Rising in 2014 Without Further Budget Cuts - Businessweek
The European Commission said Spain’s budget deficit, the widest in the European Union, will increase next year unless the government implements more austerity measures.
“Despite the return to positive, albeit weak, growth in 2014, the general government deficit is expected to widen to 7 percent of gross domestic product, as some of the measures introduced in 2012 would expire,” the commission said in a report released today in Brussels.
While the European Commission last week endorsed Prime Minister Mariano Rajoy’s request for two more years until 2016 to reorder Spain’s public finances, it will issue a full assessment of his plans on May 29. His Cabinet’s measures aim to focus on boosting growth to end a six-year slump in the euro region’s fourth-largest economy.
Cr wrote:
This is the strongest pace for private sector job growth since 1999!
This is a really depressing statement. I think I'm going to have to lie down for a while until I feel less suicidal.
GDD9000 wrote:
how's a guy gonna resist THAT pitch?
I think its the 90-mo loan at LOW interest rates.
Outsider wrote:
There is no $44b.
Pretend that you own a house. Now pretend that the market price of the house doubled. How much more money do you have in your bank account?
When assets prices rise, very little (or no) money changes hands.