Tag: SEC

Behavioral Economics: The Big Short Part III, The DK Effect Part VI

Tune into any of the three major business news channels and you’ll be treated to an endless parade of “experts” framing that day or week’s trading activities with narratives that, on the surface, seem to explain what’s driving the market at any given time. But after a couple of decades of watching these people, I’ve concluded that a great deal of their “analysis” is simply designed to keep the rubes in the game by providing seemingly “rational” explanations for what are largely high frequency, computer driven trading schemes that use “dark pools” of money and others forms of subterfuge to separate investors from their money.

Draining The Murdoch Swamp: A Shakespearean Tragedy

Rupey’s nah ah bad boy, he’s jist been a littol undah the weathah.” If you want to smell the swamp, you must click it. While standard evolutionary theory has it that humans descended from warm blooded mammals, the predatory acts of the world’s most powerful media tycoon, Rupert Murdoch, suggests that somewhere along the way a mutant strain of humanity …

The Job Creators

In 2009 Lloyd Blankfein said, “I’m doing God’s work.” A week later someone from God’s office told him only a lying Sach of shit would make such a a ridiculous claim.

Murdoch’s Minions

Admiral Rupert and his would be successors, son James and head wench, Rebekah Brooks The ongoing ship wreck of Rupert Murdoch‘s media empire, News Corporation, dipped its bow farther into the icy waters of the Atlantic yesterday. A year after the company announced its $12 billion offer to buy the 61% of England’s largest satellite tv company, British Sky Broadcasting …

The Rape Of The American Taxpayer

The Republican’s economic policies slam up against reality Having been brutally raped by a Wall Street gang, aided and abetted by Bush and his congressional cronies, Americans are now being required to buy the rape kit, as well as bear and raise the mutant child. Watching 60 Minutes last night made my blood boil. It’s opening segment was titled “A …

McTerminator

The Maverick 2000 McCain Succumbs To The New T-5 Model In Florida Friday, Barak Obama commented on John McCain‘s schizophrenic responses to the Wall Street meltdown this week, saying McCain was.. “…in a panic. At this point he seems to be willing to say anything or do anything.” A brief summary of McCain’s erratic statements was reported in yesterday’s LA …