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Genesis Posts: 71435 Incept: 2007-06-26
KD^2
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http://market-ticker.org/archives/1583-I....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-11-05 09:32:13
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Snowman Posts: 1040 Incept: 2009-03-09
avoiding yellow snow
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Always wondered about hedgies, and who is the guy Margin that keeps calling me?
2009-11-05 09:43:22
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Sideler Posts: 805 Incept: 2007-11-10
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Let's get this party started!
2009-11-05 09:46:21
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Maxi Posts: 83 Incept: 2009-10-13 Lander, WY
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I am so not impressed. This is just another case of the government looking busy by catching and prosecuting Goldfish, while the Sharks continue the feeding frenzy. The FBI should have its own show on The Comedy Channel.
2009-11-05 10:04:50
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Noobage Posts: 472 Incept: 2008-03-09 Pigmen's Planet
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Exactly, small players get punished but they will never ever go after something like GS or JPM.
2009-11-05 10:39:55
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Phirang Posts: 8824 Incept: 2008-10-25
bar khoba's revenge
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I am disappointed you find this satisfying: it's exactly why it's being done: to satisfy people and change nothing... just like toothless Bair and irrelevant Warren.
---------- The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-11-05 10:45:49
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Throxxofvron Posts: 2672 Incept: 2009-02-17
The Land of Bilk & Money
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Out back Regulators look busy making noise Shooting at mice while the Wolves freely enter through the front door and carry off the Children at Their leisure...
---------- DIONYSUS: " Thou hast no knowledge of the life thou art leading; thy very existence is now a mystery to thee. " -from 'The Bacchantes' By Euripides “During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell
2009-11-05 11:14:25
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Sideler Posts: 805 Incept: 2007-11-10
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Throxx, Perfect summation.
2009-11-05 11:23:13
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Phirang Posts: 8824 Incept: 2008-10-25
bar khoba's revenge
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For the record, I'm a nobody. The fact I personally know people getting caught up in this proves it's a giant nothingburger. I want 5th generation HARVARD LAW/MBA's GOING TO JAIL, NOT THESE THIRD-TIER NOBODIES!!! But you can bet YOUR ****ING ASS THEY WON'T: THEY OWN CONGRESS. WHO DO YOU THINK PAYS FOR THE FUNDRAISERS, EH??? J6P??? YOU ****ING KIDDING ME??? BOUGHT AND SOLD BY YOUR MASTERS. ---------- The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family. Last modified:
2009-11-05 11:26:04 by phirang
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Gamma Posts: 1760 Incept: 2008-01-20
Northern CA
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What are we supposed to call persecution of 1% of the fraud committed over the past 4 years? A good start? Bridge to the next bubble?
---------- It's better to donate a Ford to the Kidney Foundation than a Kidney to the Ford Foundation.
2009-11-05 11:24:56
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Doctorbob Posts: 812 Incept: 2009-06-03 Gusher of black gold
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In the Milken/Boskey insider trading-ring the 23 convicted stole a lot more than these guys did, and no one served over about three years. Milken's fine was $400 million and Boskey's fine was $100 million. Both are still filthy rich.
2009-11-05 13:16:40
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Asimov Posts: 26716 Incept: 2007-08-26
east tennessee
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Up to 14 arrested today according to bloomberg tv and at least 1 on the run.
---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-11-05 13:40:17
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