Last night we went and saw the Kings Of Leon at MSG. The band was very good but I don't think they are quite experienced at this point in their career for such a large venue. They would have been amazing at the Beacon or the Paramount in MSG- which is called the Nokia Theater these days. The other thing that I was thinking is they better follow up this album with something as strong. If they don't I think they will end up this generation's Black Crowes at best or got he way of the Spin Doctors/Blues Traveller/Creed- all of which were not nearly as talented as the Kings Of Leon. I made that comment tot he husband and he disagreed. He said if they win the Grammy they are nominated for they won't and there was a huge amount of really young people at the concert.
Speaking of young people there were tons of drunk, large boned girls there. The one standing next to me told me I looked like the lead singer to which I told her thank you. One of the PMs I work with and trade for occasionally was there and I texted that to him which he found very funny.
Which brings me to a story about another PM I work for- this one directly on a daily basis and he is a big swinger. I ran into him as I was leaving the office in my jeans, Merrills and baseball hat. He asked where I was off to, told him the Kings Of Leon concert. He said he loves them and thanks for the look. I responded sorry but this is not a broker event but I am going personally. So I bought the guy a concert tee. When he got into the office this morning he called me to thank me and then told me that his personal trainer's brother-in-law is the manager of the band and that is how he was exposed to their music and came to love the group.
I am a bit taken aback by a comment I read yesterday from President Obama. Apparently he told the GOP Congressional leadership: "I won. I am going to trump you on that." That is the post-partisan politics I am so psyched about for the next four years. Oh joy.
A few things that happened yesterday. I was glad to see that lawmakers have decided to finally regulate the CDS market- which I believe is the cause of the whole economic debacle in. As much as I believe in free markets, there need to be some guidelines. Requiring CDS traders to have the underlying bonds is a pretty smart move I think. The CDS market dwarfed the entire dollar amount of the bonds they were based on which just did not make sense to me intuitively.
GS yesterday sold $2 billion of ten year paper. Not a big deal until yo hear they did it without any type of government backing. The deal went well which bodes well for a hoped for thaw in the credit freeze. There were a bunch of other companies who sold paper as well and there were no blow ups.
Today I read where bond traders- who are smarter than I and my compatriots in equity trading- are throwing a hissy fit because they are going to lose their much coveted early closes. Bah- stop being a bunch of pussies and just because they have been around for eons doesn't mean you can't lose them.
Yesterday on MSN there was an pictorial about man cave. There were some nice ones and it made me think back to the one I had in the marital residence- the first marriage that is. It was awesome. I had an oak bar with brass foot rail, Chicago loop on top of the bar, dart board, seven foot, drop-pocket, slate pool table, refrigerator, faux slate floor and a poker table that could seat six. It had a hunter green and crimson walls and a chair rail around the entire room with a ledge attached that was wide enough for a pint glass to sit on it. I don't miss it but it was a great man cave.
Occasionally I can go out hard on a Thursday night- like getting home around 3 AM and close to stumbling drunk. On those nights I sleep in the boys room. I read on wiki about barashnum which is a ritual where a defiled person must spend 9 consecutive days and nights in one small corner of the home. I really hope the husband does not read wiki every day like I do...
No boys this weekend and no big plans which is nice. We do have JW's 40th birthday/house warming party being hosted by JD his boyfriend. Other than that nada, zip, zilch.
Friday, January 30, 2009
Wednesday, January 28, 2009
Let's review Bagehot
We woke up to snow this morning. It was granular and not the kind of snow we had last week. The dogs loved it.
So it seems like everyone now thinks a bad bank deal is all but done. I would not be so sure but they could maybe make Shitigroup the bad bank since it seems to be the one that has all the bad debts and is still not bankrupt in name. I did see after the close that Shitigroup has begun operating under a regulatory agreement with the federal government. One step closer to nationalization is the way I see it.
Walter Bagehot was someone who wrote extensively on how to successfully run a reserve banking system. To prevent panics he said the reserve bank has to provide tons of liquidity but at a high cost and with good collateral. Many may think the Fed has ignored this as they have cut rates to a range of 0-0.25%. But if you look at what the Fed is doing in the corporate paper market with their support facility you will see the are actually following Bagehot's advice.
Speaking of the Fed I miss the days that everyone waited with bated breath for their decision. What they do in the FOMC meetings now doesn't really matter since they took rates to zero. What does matter though is if and when they are going to start buying Treasuries. They will they basically said as much but apparently everyone wanted them to start today.
Fouad Ajami had an interesting editorial in the WSJ today. I think what I took away from it was that in order for hostilities to end and people to be friends both sides have to want it. It is possible that some of the people who don't like us don't want to be friends and end hostilities.
Holy shit the gym was teeming with hot guys tonight. Sayville was there with a shirt that was torn so you could see his nipple. Lacrosse boy is new- not new at the gym but new in his scruffy hotness. There were quite a few others too who don't have names yet but they will in time.
Tomorrow night we are going to see the Kings Of Leon in concert. We are going to happy hour before hand with a former co-worker of mine who did us a favor so we are buying her drinks.
So it seems like everyone now thinks a bad bank deal is all but done. I would not be so sure but they could maybe make Shitigroup the bad bank since it seems to be the one that has all the bad debts and is still not bankrupt in name. I did see after the close that Shitigroup has begun operating under a regulatory agreement with the federal government. One step closer to nationalization is the way I see it.
Walter Bagehot was someone who wrote extensively on how to successfully run a reserve banking system. To prevent panics he said the reserve bank has to provide tons of liquidity but at a high cost and with good collateral. Many may think the Fed has ignored this as they have cut rates to a range of 0-0.25%. But if you look at what the Fed is doing in the corporate paper market with their support facility you will see the are actually following Bagehot's advice.
Speaking of the Fed I miss the days that everyone waited with bated breath for their decision. What they do in the FOMC meetings now doesn't really matter since they took rates to zero. What does matter though is if and when they are going to start buying Treasuries. They will they basically said as much but apparently everyone wanted them to start today.
Fouad Ajami had an interesting editorial in the WSJ today. I think what I took away from it was that in order for hostilities to end and people to be friends both sides have to want it. It is possible that some of the people who don't like us don't want to be friends and end hostilities.
Holy shit the gym was teeming with hot guys tonight. Sayville was there with a shirt that was torn so you could see his nipple. Lacrosse boy is new- not new at the gym but new in his scruffy hotness. There were quite a few others too who don't have names yet but they will in time.
Tomorrow night we are going to see the Kings Of Leon in concert. We are going to happy hour before hand with a former co-worker of mine who did us a favor so we are buying her drinks.
Tuesday, January 27, 2009
Does anyone else see the irony in that?
So the big things I saw yesterday were DOW walking away from ROH, ROH suing to try and force them to complete the deal, PFE finally doing what everyone expected them to and bidding for WYE and SSCC filing.
DOW walking does not bode well for the M&A market specifically, the credit market in general or the overall tape. If you don't think I am right then why is ROH suing to try and force them to complete the deal?
PFE has nothing in the pipeline so they had to buy one, hence why they are taking a run at WYE. Not sure it will generate a bunch of M&A in the pharma space but the thing I noticed was PFE geting their credit rating downgraded and guess what- a part of the deal is dependant on PFE keeping the credit rating they had prior to announcing the deal.
So BARC said yesterday they don't need any more capital- right. Last time they said that they paid 14% for paper from the Mideast, which was roughly 2$ more than they would have had to pay to their government. Something tells me I am not going to believe them this time.
So the President thinks the second part of TARP should go directly to families/consumers. Let's think this through: The second part of TARP goes right to families. There is nothing to say they will spend it. MY guess is they would use it to pay off debt or save it. Kind of defeats the issue of boosting the C part of Y= C+I+G+(X-M), doesn't it? If they don't spend it it does nothing on the margin for the economy. Oh, well, it looks good to the polity.
The above comment is a good segue into a couple of editorials in yesterday's WSJ discussing the theory of the Keynesian multiplier effect.
I am bummed that it appears someone is trying to make John Thain the sacrificial lamb to crucify for our economic sins. He got subpoenaed today. The NY AG may be pissed he did not get to replace HRC. In the big picture, him spending $1.2 million on the CEO's suite of offices in the global headquarters of the company are small potatoes compared to the ~$15 billion lost due to his predecessor's actions and choices. He was man enough though to apologize and say he'd pay for it out of his own pocket. If Main Street wants a head on a pike Thain is not deserving. He prevented MER from going the way of LEH and BSC. Someone should defend the guy and there are much more appropriate people to have their heads on a pike- two that come to mind are Angelo Mozilla and/or Franklin Raines.
Some of you may not believe but our government lies to us. Yesterday S cut 8k jobs, CAT cut 20k and HD cut 7k. There is no way the unemployment rate can be less than 10%. The qualifier is the government keeps changing the denominator, i.e changing the rules. Of course I wanted to write this last night but we had dinner guest and today the WSJ had an article stating that many states the rate is at or above 10%.
I had dinner with the Hanson Brothers tonight. They are not old time hockey but they are old time Wall Street. I have known the older one for 17 years. I was glad to see them to make sure they are holding up in the current environment. I am a bit distraught though. We somehow got onto the topic of the ex and the older one made a comment "But you left her." Funny how now people I thought were my friends and would not judge me really do. Sobering actually but I was a bit bummed that he waited this long to- albeit unintentionally is my guess- to tell me that is how he really feels.
So yesterday I spotted a headline about Zeus. Since the boys and I were discussing Greek mythology over the weekend I of course had to read it. Two things: I did not know there was such a thing as petrified lightning (it's called fulgurite fyi) and one of the main representations of Zeus was the labrys which the Romans called a bipennis. Well apparently the labrys is also a symbol of the lesbian movement and/or female/matriarchical power. I guess it is some women trying to reassert what many theorists think about how millenia ago the sky was though to be a goddess and the earth a god. At some point those two were reversed and it became the sky god and the earth goddess/mother. So now by appropriating a bipennis I guess some could infer think they are twice as envious.
DOW walking does not bode well for the M&A market specifically, the credit market in general or the overall tape. If you don't think I am right then why is ROH suing to try and force them to complete the deal?
PFE has nothing in the pipeline so they had to buy one, hence why they are taking a run at WYE. Not sure it will generate a bunch of M&A in the pharma space but the thing I noticed was PFE geting their credit rating downgraded and guess what- a part of the deal is dependant on PFE keeping the credit rating they had prior to announcing the deal.
So BARC said yesterday they don't need any more capital- right. Last time they said that they paid 14% for paper from the Mideast, which was roughly 2$ more than they would have had to pay to their government. Something tells me I am not going to believe them this time.
So the President thinks the second part of TARP should go directly to families/consumers. Let's think this through: The second part of TARP goes right to families. There is nothing to say they will spend it. MY guess is they would use it to pay off debt or save it. Kind of defeats the issue of boosting the C part of Y= C+I+G+(X-M), doesn't it? If they don't spend it it does nothing on the margin for the economy. Oh, well, it looks good to the polity.
The above comment is a good segue into a couple of editorials in yesterday's WSJ discussing the theory of the Keynesian multiplier effect.
I am bummed that it appears someone is trying to make John Thain the sacrificial lamb to crucify for our economic sins. He got subpoenaed today. The NY AG may be pissed he did not get to replace HRC. In the big picture, him spending $1.2 million on the CEO's suite of offices in the global headquarters of the company are small potatoes compared to the ~$15 billion lost due to his predecessor's actions and choices. He was man enough though to apologize and say he'd pay for it out of his own pocket. If Main Street wants a head on a pike Thain is not deserving. He prevented MER from going the way of LEH and BSC. Someone should defend the guy and there are much more appropriate people to have their heads on a pike- two that come to mind are Angelo Mozilla and/or Franklin Raines.
Some of you may not believe but our government lies to us. Yesterday S cut 8k jobs, CAT cut 20k and HD cut 7k. There is no way the unemployment rate can be less than 10%. The qualifier is the government keeps changing the denominator, i.e changing the rules. Of course I wanted to write this last night but we had dinner guest and today the WSJ had an article stating that many states the rate is at or above 10%.
I had dinner with the Hanson Brothers tonight. They are not old time hockey but they are old time Wall Street. I have known the older one for 17 years. I was glad to see them to make sure they are holding up in the current environment. I am a bit distraught though. We somehow got onto the topic of the ex and the older one made a comment "But you left her." Funny how now people I thought were my friends and would not judge me really do. Sobering actually but I was a bit bummed that he waited this long to- albeit unintentionally is my guess- to tell me that is how he really feels.
So yesterday I spotted a headline about Zeus. Since the boys and I were discussing Greek mythology over the weekend I of course had to read it. Two things: I did not know there was such a thing as petrified lightning (it's called fulgurite fyi) and one of the main representations of Zeus was the labrys which the Romans called a bipennis. Well apparently the labrys is also a symbol of the lesbian movement and/or female/matriarchical power. I guess it is some women trying to reassert what many theorists think about how millenia ago the sky was though to be a goddess and the earth a god. At some point those two were reversed and it became the sky god and the earth goddess/mother. So now by appropriating a bipennis I guess some could infer think they are twice as envious.
Sunday, January 25, 2009
The mind is the only weapon that doesn't need a holster
Last night we watched Indiana Jones and The Kingdom of The Crystal Skull. I have to say it was not nearly as bad as I thought it would be. The husband saw it over the summer with TK and said it was very disappointing. Yes it did not have quite the same magic as the first and third ones- since everyone knows the second one sucked ass- but I enjoyed it, even the X-Files overtones to it.
The husband had dinner with Ragnar, Umberto, JW and JD. funny thing is we will be seeing JW and JD a lot this week. We are hosting them and our friends who's wedding we went to back in the autumn. Then we'll be attending JW's 40th birthday part this Saturday evening over in Jersey City.
The boss sent me an email this evening about two op-ed pieces in the weekend WSJ. One was discussing Secretary Geithner's bashing of China which I found amusing as it is irresponsible to try and blame China's economic policies for our over-eating at the all you can eat buffet of debt for the past 20 years. The other was how all those green activists living near Cape Cod are all fine for alternative energy sources as long as it is not in their eyesight. Sounds like a classic example of NIMBY.
The boys and I did not go see Inkheart today. They really weren't feeling the love for my movie selection. Instead we went to see Paul Blart: Mall Cop. I figured I'd be bored and annoyed the entire time. I have to say I was dead wrong. It was a really funny- several laugh out loud moments- movie. I have no idea who any of he stars are but there are two really cute villains. The soundtrack was pure '80s cheese and genius. I was expecting to hear Sister Christian but it was not part of it. Regardless I actually enjoyed the movie. My favorite part was when the line "So you do men?" was said and my oldest burst out laughing. That he is getting that type of humor now makes me a bit nervous but also gives him something to laugh about with me.
So my youngest is a voracious reader- unlike his older brother. Yesterday while we were getting his older brother's Quickfire he asked if we could go to the book store. I said sure as I like reading as well and am always happy to encourage him. He got a series that is loosely based on Greek mythology. I wowed them with my knowledge and the correct pronunciation of several names. They asked how I knew all this stuff and I told them I loved Greek mythology when I was their ages and read as much as I could. They were most impressed when I called it right that Percy is short for Perseus.
Busy week for the husband and I on the social calendar and finally get to start going back to the gym- woo hoo.
The husband had dinner with Ragnar, Umberto, JW and JD. funny thing is we will be seeing JW and JD a lot this week. We are hosting them and our friends who's wedding we went to back in the autumn. Then we'll be attending JW's 40th birthday part this Saturday evening over in Jersey City.
The boss sent me an email this evening about two op-ed pieces in the weekend WSJ. One was discussing Secretary Geithner's bashing of China which I found amusing as it is irresponsible to try and blame China's economic policies for our over-eating at the all you can eat buffet of debt for the past 20 years. The other was how all those green activists living near Cape Cod are all fine for alternative energy sources as long as it is not in their eyesight. Sounds like a classic example of NIMBY.
The boys and I did not go see Inkheart today. They really weren't feeling the love for my movie selection. Instead we went to see Paul Blart: Mall Cop. I figured I'd be bored and annoyed the entire time. I have to say I was dead wrong. It was a really funny- several laugh out loud moments- movie. I have no idea who any of he stars are but there are two really cute villains. The soundtrack was pure '80s cheese and genius. I was expecting to hear Sister Christian but it was not part of it. Regardless I actually enjoyed the movie. My favorite part was when the line "So you do men?" was said and my oldest burst out laughing. That he is getting that type of humor now makes me a bit nervous but also gives him something to laugh about with me.
So my youngest is a voracious reader- unlike his older brother. Yesterday while we were getting his older brother's Quickfire he asked if we could go to the book store. I said sure as I like reading as well and am always happy to encourage him. He got a series that is loosely based on Greek mythology. I wowed them with my knowledge and the correct pronunciation of several names. They asked how I knew all this stuff and I told them I loved Greek mythology when I was their ages and read as much as I could. They were most impressed when I called it right that Percy is short for Perseus.
Busy week for the husband and I on the social calendar and finally get to start going back to the gym- woo hoo.
Saturday, January 24, 2009
Sometimes you have to bribe them
Underworld 3 was actually not bad and even though it is the third installment it is really more a prequel. The best part was we saw this two transexuals. Both looked great in their jeans but their wrists gave them away- that and one of them was taller than me.
Today I got up and drove down to central Jersey to pick up the boys. I got them at their mom's house and took them to the tennis center for my oldest son's group lesson. His mom is in the process of signing him up for the spring session and trying to make it so he has no lessons on Saturdays which is considerate of her but also makes me nervous. Any time she does something that could help me sets of alarms as I am still very gun shy about accepting anything nice she does because it seems to always have an ulterior motive.
The thing is all the classes for advanced beginners are full so I had to speak to the pro about getting him evaluated to move up to intermediate. He was evaluated after the lesson. The pro said he is definitely too strong for advanced beginner but needs to work on a few things to get to intermediate. I explained the situation and he said he would see what he could do to work him into the strong advanced beginner class. I told him no problem, you can discuss it with his mom next weekend.
While I was watching his lesson this woman was loudly arguing on her cell with her mom. It was very annoying. No one cares if the bedroom set is in your mom's crawlspace or if you think she is enabling your brother to continue to act as an irresponsible adult.
Some background on the next part. The ex and I have been trying to get the oldest to play a team sport in the school. He did not do cross country in the fall. So, I bribed him. I told him he could get what he thinks is a better cell phone if he did a fall team sport and one this spring while keeping his grades up. SO he will be doing track this spring and will join the soccer team in the fall as a 7th grader.
After tennis we went to the AT&T store to get my oldest his new Quickfire. We pull up and walk in and the sales guy says sorry, both our network servers are down for the entire east coast. I replied why are you even open then? Seriously, a tech company that can't even keep their server and back up server running for the entire east coast is a joke. So we started to drive home and I told my oldest to keep his eyes open for another AT&T store. We found one, walked in and I asked if their servers were back up. The guy laughed that I knew about that, checked and they were. So we switched out his Shine for a Quickfire. He is happier than a pig in shit.
Tonight we're going to watch Indiana Jones and the Crystal Skull. The husband is off into the city to have dinner with Ragnar.
Today I got up and drove down to central Jersey to pick up the boys. I got them at their mom's house and took them to the tennis center for my oldest son's group lesson. His mom is in the process of signing him up for the spring session and trying to make it so he has no lessons on Saturdays which is considerate of her but also makes me nervous. Any time she does something that could help me sets of alarms as I am still very gun shy about accepting anything nice she does because it seems to always have an ulterior motive.
The thing is all the classes for advanced beginners are full so I had to speak to the pro about getting him evaluated to move up to intermediate. He was evaluated after the lesson. The pro said he is definitely too strong for advanced beginner but needs to work on a few things to get to intermediate. I explained the situation and he said he would see what he could do to work him into the strong advanced beginner class. I told him no problem, you can discuss it with his mom next weekend.
While I was watching his lesson this woman was loudly arguing on her cell with her mom. It was very annoying. No one cares if the bedroom set is in your mom's crawlspace or if you think she is enabling your brother to continue to act as an irresponsible adult.
Some background on the next part. The ex and I have been trying to get the oldest to play a team sport in the school. He did not do cross country in the fall. So, I bribed him. I told him he could get what he thinks is a better cell phone if he did a fall team sport and one this spring while keeping his grades up. SO he will be doing track this spring and will join the soccer team in the fall as a 7th grader.
After tennis we went to the AT&T store to get my oldest his new Quickfire. We pull up and walk in and the sales guy says sorry, both our network servers are down for the entire east coast. I replied why are you even open then? Seriously, a tech company that can't even keep their server and back up server running for the entire east coast is a joke. So we started to drive home and I told my oldest to keep his eyes open for another AT&T store. We found one, walked in and I asked if their servers were back up. The guy laughed that I knew about that, checked and they were. So we switched out his Shine for a Quickfire. He is happier than a pig in shit.
Tonight we're going to watch Indiana Jones and the Crystal Skull. The husband is off into the city to have dinner with Ragnar.
Friday, January 23, 2009
I have no clue what a DeMark is
The bus this morning was freakin' hottie central! The funny thing is though as I was standing at the bus I had one of those irrational moments of panic- I couldn't remember if I had pulled my zipper up when I got dressed. I was not going to look and my coat was covering it so I could wait; besides there was a really cute dark-haired guy standing next to me. I got on the bus, went to the back (it's the best place to check out the guys on the bus discreetly), sat down and checked- yep, my zipper was up. Of course the cute dark-haired guy sat down next to me.
So, if you are a CEO who abuses the crap out of your company's balance sheet with leverage and other sundry things and then get forced out- I mean retire- what do you do? Well that is a no brainer; you get made the new CEO of Shitigroup! I can't believe what a circle jerk the corporate boards are in the U.S.
I read about the Portland mayor, who is openly gay, having lied about having sex with an 18 year old. I of course googled his picture; he is a pretty handsome guy but I really want to see pics of his trick...
MSN had an article about the most fit stars around. Mario Lopez was on the front of it so of course I hit the link. Ryan Reynolds was the first one and he is on my list. I think Mario is pretty damn hot too. I asked Mr. Barrett and PF is they were a buyer or seller of Mario. Both said sold. PF because he thinks Mario is too pretty and Mr. Barrett because he likes his mens with fur. Hugh Jackman made it on too. I wonder if his wife knows?
There is a technical guy who has a pretty damn good feel/read on the tape. He's comments today got me nervous for what's coming down the pike next week. I have no clue what demarks are all about but the whole thing did not sound good. If you subscribe to the Dow Theory then you should be concerned the Transports broke their NOV low.
The husband and I are going to see Underworld 3 tonight. The husband is coming down with a cold so it looks like I'll get to return the favor and nurse him back to health this weekend.
So, if you are a CEO who abuses the crap out of your company's balance sheet with leverage and other sundry things and then get forced out- I mean retire- what do you do? Well that is a no brainer; you get made the new CEO of Shitigroup! I can't believe what a circle jerk the corporate boards are in the U.S.
I read about the Portland mayor, who is openly gay, having lied about having sex with an 18 year old. I of course googled his picture; he is a pretty handsome guy but I really want to see pics of his trick...
MSN had an article about the most fit stars around. Mario Lopez was on the front of it so of course I hit the link. Ryan Reynolds was the first one and he is on my list. I think Mario is pretty damn hot too. I asked Mr. Barrett and PF is they were a buyer or seller of Mario. Both said sold. PF because he thinks Mario is too pretty and Mr. Barrett because he likes his mens with fur. Hugh Jackman made it on too. I wonder if his wife knows?
There is a technical guy who has a pretty damn good feel/read on the tape. He's comments today got me nervous for what's coming down the pike next week. I have no clue what demarks are all about but the whole thing did not sound good. If you subscribe to the Dow Theory then you should be concerned the Transports broke their NOV low.
The husband and I are going to see Underworld 3 tonight. The husband is coming down with a cold so it looks like I'll get to return the favor and nurse him back to health this weekend.
Thursday, January 22, 2009
If we exclude the cost of doing business we are making tons of money.
Still no gym but I am taking to heart the old wives tale of "Feed a cold, starve a fever." I figure one week off is okay.
So last night as I was leaving the boss asks me if I have the new Killers album. Duh! Apparently- actually more like thank God- he does not read my posts. I told him yep, why do you ask? He got the wife tickets to see them in concert as a Christmas gift. Said concert just happens to be this Sunday night. Told him I'd bring it in for him. This morning as I was rushing to get out of the apartment I almost forgot it. I also grabbed the Kings Of Leon and the newest Beck albums for him. The one I forgot and think he'd get a kick out of is Weezer's Red Album.
A few things I saw today while sitting at the desk. Treasury Secretary Geithner actually had the balls to accuse China of manipulating the yuan. First off, why doe she want to piss off the country that holds the largest amount of our debt and could wreak even more havoc on our economy. Second- this is the guy whose character is somewhat questionable. I mean, he used freakin' Turbo Tax to do his own taxes while he worked for the IMF making some serious dough. Add to that that he tried to nickle and dime his own government. He only paid them back when he got caught. He says it was a mistake. Do we really want a Treasury Secretary who can't even use Turbo Tax to correctly figure out if let alone how much taxes he may owe? Moot point as he was confirmed 18-5. I think he will do fine but the character issue sort of sticks in my craw.
While I was reading the WSJ on-line this morning I noticed and ad for the CIA- and I aint talking Culinary Institute of America. I was curious and clicked on it and sure enough took me right to their website. I am sure that they saw everything I looked at and all my work emails, IMs and any trades I was doing as I don't think the NYT Building has a proper Faraday cage.
I am a bit puzzled why Bernake, who is purportedly one of the greatest historians of the Depression, would allow Congress to put into the upcoming stimulus bill a Buy American clause. He should know that one of the prime cause of the Depression was huge protectionist policies everyone put in place at the beginning which only made it worse, deeper and longer.
The cute blond meathead sales guy from corporate was in the office today. I debated winking at him as I walked by to go to the men's room but thought better of it.
Speaking of hot guys. The boxer; ran into him last night after I got home. I walk the kids first thing. Got off the elevator and he was standing there all sweaty and breathing heavy in nice red shorts. Said hi, how's it going. He said hi back, good. Not sure why he was in the building gym that early so tonight walked by the window that looks into to it on my way into the building and there he was stretching out in kind of tight blue shorts. Mr. Barrett would have said WOOF. As I pondered the timing I realized the firm he works for is going through a merger/joint venture deal. He may be a casualty.
After the close GOOG reported. the number the gave was "ex-TAC." I had never heard the term so asked a trader at a major house WTF that means. TAC is traffic acquisition costs. GOOG pays others to send them traffic. SO let me gets this right; you pay other companies to send you traffic but it is not considered when you announce earnings? No company reports plain old earnings anymore. They all have ex something in it. It's an excuse for not making money. Well if we didn't have to pay this we would have made money so you should look at it that way. Doesn't really fir with the new era of responsibility and putting aside childish ways does it?
We have the boys this weekend. Normally I would hurry out of work after the close and drive down to central Jersey to get them and then back up to Hoboken. Well, my oldest has a school dance. He wants to go and his mom is chaperoning it. I spoke with her and it won't get done 'til arond 9:30. We agreed it's kind of dumb to get down there that late and then not get home until 11:30 roughly. I am going to pick them up Saturday morning.
This change of plans means the husband and I are going to see Underworld 3: Rise of The Lycans. Pysched for that and so is the husband even though his movie husband is not in this installment. Scott Speedman was hot and the husband used to belong to the same gym as him; saw him naked in the locker room many times, has a hot ass I am told.
So last night as I was leaving the boss asks me if I have the new Killers album. Duh! Apparently- actually more like thank God- he does not read my posts. I told him yep, why do you ask? He got the wife tickets to see them in concert as a Christmas gift. Said concert just happens to be this Sunday night. Told him I'd bring it in for him. This morning as I was rushing to get out of the apartment I almost forgot it. I also grabbed the Kings Of Leon and the newest Beck albums for him. The one I forgot and think he'd get a kick out of is Weezer's Red Album.
A few things I saw today while sitting at the desk. Treasury Secretary Geithner actually had the balls to accuse China of manipulating the yuan. First off, why doe she want to piss off the country that holds the largest amount of our debt and could wreak even more havoc on our economy. Second- this is the guy whose character is somewhat questionable. I mean, he used freakin' Turbo Tax to do his own taxes while he worked for the IMF making some serious dough. Add to that that he tried to nickle and dime his own government. He only paid them back when he got caught. He says it was a mistake. Do we really want a Treasury Secretary who can't even use Turbo Tax to correctly figure out if let alone how much taxes he may owe? Moot point as he was confirmed 18-5. I think he will do fine but the character issue sort of sticks in my craw.
While I was reading the WSJ on-line this morning I noticed and ad for the CIA- and I aint talking Culinary Institute of America. I was curious and clicked on it and sure enough took me right to their website. I am sure that they saw everything I looked at and all my work emails, IMs and any trades I was doing as I don't think the NYT Building has a proper Faraday cage.
I am a bit puzzled why Bernake, who is purportedly one of the greatest historians of the Depression, would allow Congress to put into the upcoming stimulus bill a Buy American clause. He should know that one of the prime cause of the Depression was huge protectionist policies everyone put in place at the beginning which only made it worse, deeper and longer.
The cute blond meathead sales guy from corporate was in the office today. I debated winking at him as I walked by to go to the men's room but thought better of it.
Speaking of hot guys. The boxer; ran into him last night after I got home. I walk the kids first thing. Got off the elevator and he was standing there all sweaty and breathing heavy in nice red shorts. Said hi, how's it going. He said hi back, good. Not sure why he was in the building gym that early so tonight walked by the window that looks into to it on my way into the building and there he was stretching out in kind of tight blue shorts. Mr. Barrett would have said WOOF. As I pondered the timing I realized the firm he works for is going through a merger/joint venture deal. He may be a casualty.
After the close GOOG reported. the number the gave was "ex-TAC." I had never heard the term so asked a trader at a major house WTF that means. TAC is traffic acquisition costs. GOOG pays others to send them traffic. SO let me gets this right; you pay other companies to send you traffic but it is not considered when you announce earnings? No company reports plain old earnings anymore. They all have ex something in it. It's an excuse for not making money. Well if we didn't have to pay this we would have made money so you should look at it that way. Doesn't really fir with the new era of responsibility and putting aside childish ways does it?
We have the boys this weekend. Normally I would hurry out of work after the close and drive down to central Jersey to get them and then back up to Hoboken. Well, my oldest has a school dance. He wants to go and his mom is chaperoning it. I spoke with her and it won't get done 'til arond 9:30. We agreed it's kind of dumb to get down there that late and then not get home until 11:30 roughly. I am going to pick them up Saturday morning.
This change of plans means the husband and I are going to see Underworld 3: Rise of The Lycans. Pysched for that and so is the husband even though his movie husband is not in this installment. Scott Speedman was hot and the husband used to belong to the same gym as him; saw him naked in the locker room many times, has a hot ass I am told.
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