Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label speculation nation. Show all posts
Showing posts with label speculation nation. Show all posts
18 May 2010

Merkel to The Banks and Hedge Funds: Sprechen Sie Deutsche? Then Droppen Sie Dead

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There is much surprise that the German government has declared a ban on naked short selling, including CDS, as of midnight tonight, with no ...
29 April 2010

When You Lie Down With Them Dept: Morgan Stanley Has 69% Tier 1 Capital Exposure to the PIIGS

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That statistic about Morgan Stanley was an eye opener in terms of percent of capital exposure. No wonder Angie Merkel is playing hard to ge...
10 March 2009

SP Futures Hourly Chart at 1 PM EDT - An Appearance of False Vitality Amidst Wasting Disease

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Breakout or Fakeout? The trigger for this rally was an internal memo to the Citigroup employees from Vikram Pandit, designed to bolster mora...
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