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Source:
Bill Black: U.S. Using “Really Stupid Strategy” to Hide Bank Losses
Peter Gorenstein
Yahoo TechTicker, Aug 11, 2010
http://finance.yahoo.com/tech-ticker/bill-black-u.s.-using-”really-stupid-strategy”-to-hide-bank-losses-535317.html

Category: Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Black: US Using “Really Stupid Strategy” to Hide Bank Losses”

  1. davefromcarolina says:

    I take it this is Old News, fully discounted by the Markets.

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    BR: We need a code or symbol for Sarcasm . . .

  2. balanceact says:

    I thought the original comment was typical American hubris.

    The French have a phrase, sometimes done as a simple gesture, that indicates your being “put on”.

    Mon oeil!; my eye! The gesture is to take your index finger and pull one of your eyes wide open (from the bottom), as if to say, “do you see it, dummy!” It’s the opposite of a wink, which is too cute for sarcasm.

    Sometimes I just add “…” to indicate what was just said is unreal.

    Black is so no bullshit.

    Let’s see, Bill Black to run the SEC or maybe the Fed?; Elizabeth Warren to run the Consumer Financial Protection Agency and Brooksley Borne to oversee derivatives. That would be a good start to make the Financial bill actually worth something.