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L0RDZ (75.89)

Ever look at the picks some people make ? and wonder what they say about them ?

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May 20, 2011 – Comments (4)

I know this is  all just  some silly game to some,  and for others just a way to speak.

But have you ever looked at the companies some peoples picks are in ???  and have you ever bothered to check what the people are saying in their pitches ??

Some  are shining examples.

Others  are  not.

Some are just  well so and so did this ?  or something equally  foolish.

While occasionally I may joke, I do have an occasional serious thing to say.

Sometimes  truths  are told  even among  those who  are lawyers ~ liars.

And sometimes  those who you would have thought were honest are not.

In the end you have to find the good or bad, whatever you are looking for, usually you'll find it.

I'm in the markets,  when I speak,  I speak from experience,  both good and bad.

Others don't even have a penny to their names, much less any kind of portfolio.

 

4 Comments – Post Your Own

#1) On May 20, 2011 at 3:19 PM, L0RDZ (75.89) wrote:

http://news.yahoo.com/s/time/20110520/us_time/httpcuriouscapitalistblogstimecom20110519nyaginvestigationwhyhaventwallstreetersgonetojailxidrssfullnationyahoo

 

 

NY AG Investigation: Why Haven't Wall Streeters Gone to Jail?

 

Theory No. 1: Prosecutors have been told to back off.

Theory No. 2: Wall Street is innocent.

Theory No. 3: The cases are still in the works.

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#2) On May 20, 2011 at 3:22 PM, L0RDZ (75.89) wrote:

The truth is that Wall Streeters rarely go to jail.

Yes, other bubbles and financial crises have resulted in numerous convictions, but generally not of Wall Streeters.

In the 1990s, it was the heads of the Savings and Loans that went to jail.

In the bust of the early 2000s, it was chief executives like Enron's Jeffrey Skilling that ended up doing the perp walk.

Wall Street analyst Henry Blodget was caught red-handed by then NY AG Eliot Spitzer recommending stocks he didn't believe in, but again that didn't lead to jail time. He and the firm he worked for Merrill Lynch ended up paying a fine, as did other firms. And it was less than the fine that Goldman Sachs had to pay this time around.

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#3) On May 20, 2011 at 5:12 PM, L0RDZ (75.89) wrote:

Ironically  Spitzer was caught with his cookie  in the escorts  cookie JAR......   Hypocrite.........     client number 9...........

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#4) On May 20, 2011 at 11:00 PM, L0RDZ (75.89) wrote:

We are what we think.
All that we are arises with our thoughts.
With our thoughts, we make our world.
Buddha

We are what we think.
All that we are arises with our thoughts.
With our thoughts, we make our world.
Buddha

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