Lies are Lies – in English or in Greek
A little over a year ago the pronouncement that Greek was rescued from the brink was a big fat Greek lie. Anybody who paid a…
Fraud Street
Matt Taibbi: Fraud Street has no Incentive to Stop their Criminal Acts
Why Read Fiction, when Truth is Even More Fascinating!
This insider trading case is just a tip of the iceberg. It is a tell-tale story of an illegal web of well connected Ivy League business school graduates with no ethics or morals rigging the system to their advantage. In social circles, we see these sociopaths claiming to be crème de la crème, when in fact many of them are perfume coated turds.
The S&P Downgrade “Shocker” and Goldman Response: Where is the Honor Among Thieves?
There is a saying in Telugu, “dongalu dongalu oollu panchukunntlu” (Just like thieves divided the villages among themselves to rob). True to this age old…
Conspiracy Theory or There is ‘There There’ Here?
Watch this CNBC interview with Broadband Research CEO John Kunnican. This is the guy who wrote the now infamous e-mail which said the following: “Today…
Wall Street Pay Rebounds
Ladies and gentlemen, Since Jan 2009, Obama and the Democratic Congress delivered only to one group thus far: Wall Street! The following is from the…
There is No Honor Among These Thieves
His name is Jerome Kerviel. He was a trader at Societe Generale, a French bank which did speculative trading as its main business along with…
Goldman Buys the Law on the Cheap
Yes, that should be the proper headline for the settlement of Goldman Sachs, the Emperor of Fraudsters, with SEC. Via AP News: WASHINGTON (AP) —…
Dylan Ratigan Shows Some Guts
Guts, or kahunas as some would call it, look like this: In this video, Dylan raises temperature on the congressman who does nothing but divert…
Fleck: Financial Earnings are Pure Nonsense
William Fleckenstein is a great resource of sanity in the midst of bubble. He is my erstwhile blogging buddy on Silicon Investor before he catapulted…
So, You Think You can Beat the Insiders and Make Money in Stocks?
Wells Notice is issued to warn companies of potential criminal investigation. If a company receives Wells Notice, the event itself is deemed a news of…
Squid: “We share some burden”
The head of the Squid says, “We share some burden.”