Simon Lorne, chief legal officer for hedge fund Millennium Management and former general counsel at the SEC, discusses how strong the SEC’s case is against Goldman Sachs.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Signs continue that European markets are getting tired. The Spanish and Italian stock markets, big beneficiaries of the sharp decline in their bond yields over the past few months are falling to the lowest since Feb 1. The European bank index is at a 1 1/2 week low after earnings reports from Commerzbank and Credit Ag (RBS bouncing although reporting weaker than expected earnings) were disappointing. This market action is in spite of the German IFO business confidence figure which rose to a 7 month high coming in a touch above expectations and Italian consumer confidence which bounced more than...
read more »
Tweet
Facebook
Reddit
Digg this!
April 28th, 2010 at 8:34 am
Oops. Well maybe not so much…
The argument from these parrots sounds like the “activist” argument to NOT fill out your census forms… “If the evil gov’t wants me to fill this out so much, then why should I?” with the same result, it costs the US taxpayer more money to bail everyone out…
Census…
http://www.cnn.com/2010/US/04/28/census.numbers/index.html?eref=igoogle_cnn
“…It costs the government 42 cents for each response that comes back via mailed census form, while it costs the government an estimated $57 per household to obtain responses in person…”
So how does the Tea Party justify telling people to not participate? I guess it’s just ANOTHER thing that doesn’t fit their “philosophy.”
The Census, you know, the thing that’s right there in the Constitution …you know, the thing the Founding Fathers wrote that you take so literally, that’s literally in there, you know, the guys in the powered wigs?