To play on the downside that is...
Wachovia gets taken out
The ironic part is that at the end of the day it was worth pennies. Which totally pissed me off in the sense that this whole "Get Shorty" thing with the markets is just a big central planning lie. In reality short sellers are just playing a game of "I Call Bullshit" on a grand scale. Now that it's monday how can anyone say that the company really deserved to be trading at 19.71 as recently as 9/8/2008??? The thing was just as overpriced as a house on the coasts.
Vincent's Journal
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09/29/2008 09:41 #45836
Are there any banks left?Category: finance
09/28/2008 02:01 #45818
R.I.P. Paul NewmanCategory: celebrity
I recieved a text tonight from my friend in Las Vegas that I am in a Fantasy Hockey League with saying he was going to just watch over and over again tonight the movie Slap Shot
Yes, Paul Newman had a great career and also kick ass Salad Dressing. But it's the role of Reggie 'Reg' Dunlop that really blew me away as a kid watching the movie on WUTV Ch 29 some random evening in the mid to late 80's
Then again most people just remember the Hanson Brothers. Well, here's a clip that kid of combines the two...
Yes, Paul Newman had a great career and also kick ass Salad Dressing. But it's the role of Reggie 'Reg' Dunlop that really blew me away as a kid watching the movie on WUTV Ch 29 some random evening in the mid to late 80's
Then again most people just remember the Hanson Brothers. Well, here's a clip that kid of combines the two...
09/25/2008 23:15 #45796
Political Games & WaMu R.I.P.Category: finance
I just love it when the political and financial worlds collide. The sad part is all of this has become a game or many at once.
So in the last 24 hours we have a game of chicken in regards to the debates. Are they going to go down to Ole Miss and debate tomorrow? Will the just say screw it and have something on the spot right in D.C., i mean why bother hopping on a private jet at that point? The logistics would be pretty brutal for either candidate. This has almost gotten to the point of reminding me of "wrasslin" back in the day when it was descent, during the Monday night wars. When the seed of doubt would be planted if such and a such wrestler would show up on Nitro/Raw. Some sick part of me can see John McCain busting in on Obama's 1 hour free commercial right @ :49 past the hour. You know the whole, shot of the limo on the jumbotron and then suddenly an emergence from the crowd. It's is just so mind boggling to think of the different angles being played in regards to posturing for the presidential election, along with the party values of the extreme wings. Just flipping on cable news you seen Barney Frank giving one update and Richard Shelby giving another on another channel. How could you even being to think that Bush would let either McCain or Obama get in the mix of this insanity and take away any credit in helping with this "Bi-Partisan" effort.
Plus just when you think things get worse, we play "Deal or No Deal" with the whole Wall St Bail Out thing. We then have a middle of the night, bank failure with Washington Mutual going under. So it now becomes the "biggest bank failure", hey wait a minute wasn't Indymac the "biggest bank failure?"
I just though that I couldn't talk about this crap anymore until after the election, but it keeps getting more insane by the day.
So in the last 24 hours we have a game of chicken in regards to the debates. Are they going to go down to Ole Miss and debate tomorrow? Will the just say screw it and have something on the spot right in D.C., i mean why bother hopping on a private jet at that point? The logistics would be pretty brutal for either candidate. This has almost gotten to the point of reminding me of "wrasslin" back in the day when it was descent, during the Monday night wars. When the seed of doubt would be planted if such and a such wrestler would show up on Nitro/Raw. Some sick part of me can see John McCain busting in on Obama's 1 hour free commercial right @ :49 past the hour. You know the whole, shot of the limo on the jumbotron and then suddenly an emergence from the crowd. It's is just so mind boggling to think of the different angles being played in regards to posturing for the presidential election, along with the party values of the extreme wings. Just flipping on cable news you seen Barney Frank giving one update and Richard Shelby giving another on another channel. How could you even being to think that Bush would let either McCain or Obama get in the mix of this insanity and take away any credit in helping with this "Bi-Partisan" effort.
Plus just when you think things get worse, we play "Deal or No Deal" with the whole Wall St Bail Out thing. We then have a middle of the night, bank failure with Washington Mutual going under. So it now becomes the "biggest bank failure", hey wait a minute wasn't Indymac the "biggest bank failure?"
I just though that I couldn't talk about this crap anymore until after the election, but it keeps getting more insane by the day.
jason - 09/29/08 12:50
The craziest part of this mess is that the foxes are watching over the hen house!! Unreal!!
The craziest part of this mess is that the foxes are watching over the hen house!! Unreal!!
09/22/2008 23:16 #45766
Crap, Oil's up againCategory: finance
So enjoy filling up under $4 a gallon. That isn't going to last for too long...
I guess what's good for Wall St isn't good for Main St
This is why you need Shorts in any market. Look what happens when they are forced to cover their positions.
I guess what's good for Wall St isn't good for Main St
This is why you need Shorts in any market. Look what happens when they are forced to cover their positions.
heidi - 09/23/08 19:26
- blink* of course what's good for wall street isn't good for main street... the goals and needs of those populations are rather incompatible. Main Street looks out for the long term.
morgan - 09/23/08 16:24
My dream to own a scooter gets more and more responsible sounding every day. Sweet.
My dream to own a scooter gets more and more responsible sounding every day. Sweet.
tinypliny - 09/23/08 16:22
Its actually so cheap here, it makes me blink in disbelief when people freak out over the price. Its almost triple the new amount back home. It has been super-expensive for a VERY long decade now.
Its actually so cheap here, it makes me blink in disbelief when people freak out over the price. Its almost triple the new amount back home. It has been super-expensive for a VERY long decade now.
09/19/2008 20:50 #45734
Set adrift on memory blissCategory: music
Yea, I was listening to Virgin Radio today from Toronto on my drive into work this morning. For the most part I was just daydreaming, then thing song came on
Yea, Reality used to be a friend of mine...I love that line along with a few others in this psychedelic/trip hop song or whatever category it is.
The funny part is I do have this really self defeating sense of empathy for attractive "old maids." I actually cried one year when there was this really attractive news reporter that did her "Happy Holiday's" commercial appearance with just a stuffed reindeer. This while all of the old anchors had their wife and 3 kids waiving and baking cookies. For some reason it really bothered me and I shouldn't be because I have my own problems in being alone in this world. The thing that struck me was this song in how he mentions Christina Applegate. It got me to think about her being in her late 30's with no husband or kids. It kind of is a tragedy that she hasn't passed on her gene's yet, especially with her battle with breast cancer. Yea I would like the be the one to procreate with her of course ;-) but still a part of me feels bad that she hasn't done so already with anyone. But logically it is just fucked for me to think about such things because I have my own lack of relationship problems.
Yea, Reality used to be a friend of mine...I love that line along with a few others in this psychedelic/trip hop song or whatever category it is.
The funny part is I do have this really self defeating sense of empathy for attractive "old maids." I actually cried one year when there was this really attractive news reporter that did her "Happy Holiday's" commercial appearance with just a stuffed reindeer. This while all of the old anchors had their wife and 3 kids waiving and baking cookies. For some reason it really bothered me and I shouldn't be because I have my own problems in being alone in this world. The thing that struck me was this song in how he mentions Christina Applegate. It got me to think about her being in her late 30's with no husband or kids. It kind of is a tragedy that she hasn't passed on her gene's yet, especially with her battle with breast cancer. Yea I would like the be the one to procreate with her of course ;-) but still a part of me feels bad that she hasn't done so already with anyone. But logically it is just fucked for me to think about such things because I have my own lack of relationship problems.
imk2 - 09/20/08 07:50
tiny, she does have the BRCA gene, don't know if it's 1 or 2. that's why she chose to have a prophylactic mastectomy.
tiny, she does have the BRCA gene, don't know if it's 1 or 2. that's why she chose to have a prophylactic mastectomy.
tinypliny - 09/19/08 21:00
It is kind of interesting that you say that she hasn't passed on her genes yet. It made me think of the BRCA1/2 gene mutations that she probably has (these mutations are hereditary and are responsible for around 15 - 25% of breast cancer). I surely wish that no child of her's get those gene-mutations if ever she did decide to pass them on. Morbid. I know. But that's all I think about nowadays. I have become very breast-centric. So much so that even when I am skimming research from other field totally unrelated to cancer, I am thinking of what impact it could possibly have on breast cancer epidemiology. I think I might be going slightly off the rocker. :/
It is kind of interesting that you say that she hasn't passed on her genes yet. It made me think of the BRCA1/2 gene mutations that she probably has (these mutations are hereditary and are responsible for around 15 - 25% of breast cancer). I surely wish that no child of her's get those gene-mutations if ever she did decide to pass them on. Morbid. I know. But that's all I think about nowadays. I have become very breast-centric. So much so that even when I am skimming research from other field totally unrelated to cancer, I am thinking of what impact it could possibly have on breast cancer epidemiology. I think I might be going slightly off the rocker. :/
There are lots of banks still around. On a side note maybe I'll do a post about it but I think the bail out is the wrong thing to do.
I saw Jim Kramer this morning on the today show and it looked like he had been sedated. I have a car loan with Wachovia and I can't help but wonder will own the loan in the coming days.