Use access key #2 to skip to page content.

Photographer Shoves Madoff Again and Again, Lehman CEO Gets Punched and so it begins....

Recs

5

December 17, 2008 – Comments (9)

I think these guys will be going into hiding at some point. I think the bottom of the market will be when Fast Money and Mad Money go off the air and their cast is afraid to leave their houses in whatever country they fee to. The shows will be replaced with public service announcements and crafts show to show you how to make ________ from your homes or tents.

Awwwww, who knows really… like I said it is Black Swan territory.


Photographer Shoves Madoff Again and Again from AlleyInsider on Vimeo.

Lehman Brothers CEO Got Punched In The Face
By Meg Marco, 12:25 PM on Tue Oct 7 2008, 241,047 views

Dick "It Wasn't My Fault" Fuld, the CEO of bankrupt investment bank Lehman Brothers, (seen here being heckled after testifying on Capitol Hill) was apparently punched in the face while working out in Lehman gym on the Sunday following the bankruptcy, according to CNBC's Vicki Ward.

Fuld testified before the House Oversight Committee yesterday, blaming everyone but himself for Lehman's collapse, an attitude that prompted Ward to confirm reports that he'd been punched in the face and to side with the attacker:

“From two very senior sources – one incredibly senior source – that he went to the gym after … Lehman was announced as going under. He was on a treadmill with a heart monitor on. Someone was in the corner, pumping iron and he walked over and he knocked him out cold. And frankly after having watched this, I’d have done the same too.”

Kunstler began talking about these guys hiding in caves with fists full of Gold Krugerrands for fear.
Here is part of his Easthampton Burning?

Easthampton Burning?

  In the typhoon of commentary that's blown around the world a step behind the financial tsunami that's wrecking everything, two little words have been curiously absent: "fraud" and "swindle." But aren't they really at the core of what has happened? Wall Street took the whole world "for a ride" and now a handful of Wall Street's erstwhile princelings have shifted ceremoniously into US Government service to "fix" the problem with a "toolbox" containing a notional two trillion dollars. This strange exercise in financial kabuki theater will shut down sometime between the election and inauguration day, when the inaugurate finds himself president of the Economic Smoking Wreckage of the United States. What will happen?
  I have thought for some time that things could get dangerously out of hand in America, despite our exceptionalist notion that we are immune to the common plot-lines of history. For starters, inauguration night will seem more like Halloween, as those two little words fly in to haunt the new president. So, a large and looming question is: who will be appointed the next attorney general of the US (to replace the human sash-weight currently occupying the office), and how soon will the federal marshals be scouring the wainscoted hallways of Goldman Sachs, JP Morgan Chase, not to mention a thousand Greenwich, Connecticut, hedge fund boiler rooms, with man-sized nets?
  A story-line is already emerging to the effect that these birds really didn't quite know what they were doing in grinding out that multi-trillion dollar basket of alphabet securities sausage (a theme on Sunday's "60-Minutes" broadcast). Nobody will buy that line of bullsh-t, though -- and certainly not in the courtroom where, for instance, Mr. Hank Paulson will have to answer why his own firm of Goldman Sachs set up a special unit to short its own issues. It will be edifying to see how they answer.
  In the meantime, however, millions of Joe-the-Plumber types will have gotten their pink slips, slipped helplessly into foreclosure, watched the repo men hot-wire their Ford pickups, and eaten down the kitchen cupboard to a single box of Kellogg's All-Bran (which had been sitting there for eleven years infested with weevils). They will be watching the official proceedings in the federal courtrooms with jaundiced eyes as they hunch in their tent cities, in the rain, sipping amateur-brand raisin wine bartered for a few snared rock doves. How long before the hardier ones among them venture out to Easthampton with long knives and matches?
  It will bring little satisfaction though, and the disappointment could lead to a more inchoate outbreak of civil disorder that would be more like a free-for-all of vengeance and grievance. There will be a great outcry for the new government to "do something!" Perhaps that will finally bring the troops home from Iraq -- only for them to find that the Homeland has become Iraq....

9 Comments – Post Your Own

#1) On December 18, 2008 at 12:14 AM, abitare (31.93) wrote:

FYI - Some humor here:

George Bush is captured. 

Report this comment
#2) On December 18, 2008 at 12:20 AM, motleyanimal (87.37) wrote:

Is there any company left who might still manufacture guillotines? I'm always looking for new investment opportunities.

Ah yes, and I still am searching for the recipe for Soylent Green. Once we spray that crap with orange powdered cheese flavored chemicals, my new "People Doodles" will rule the snack market!

Report this comment
#3) On December 18, 2008 at 12:24 AM, abitare (31.93) wrote:

http://fc13.deviantart.com/fs38/f/2008/349/c/6/Pokeball_GO_by_guruji.gif 

Shoe-thrower - WoW style!

http://i38.tinypic.com/juz953.jpeg

Report this comment
#4) On December 18, 2008 at 12:28 AM, zygnoda (27.12) wrote:

Apparently Bush has been working on his shoe dogding skills in secret.  That must be why he has taken so many vacation days. 

Report this comment
#5) On December 18, 2008 at 12:28 AM, abitare (31.93) wrote:

I should remind people, I do not support violence unless it is needed and sometimes it is....

I think just hecking and humiliating these people non stop for 30 years should be fine.

Report this comment
#6) On December 18, 2008 at 12:56 AM, motleyanimal (87.37) wrote:

Don't back out now.

EAT THE RICH!!!

Report this comment
#7) On December 18, 2008 at 2:01 AM, ironyworks (64.99) wrote:

The hague is waiting for bush, cheney et al.

People who violate the public trust in office should get bigtime drug dealer type sentences.

The financial criminals need to do time in proportion to the financial consequences of their actions..based on the same scale as the black transient who steals bread and beer.

Oh yes, send the victimless criminals to the "country club " prisons......Ironyworks

Report this comment
#8) On December 18, 2008 at 6:58 AM, abitare (31.93) wrote:

motleyanimal,

You are going to far...but are you...I mean if we eat them do we get there Chi...I am just thinking a out loud here....

ironyworks,

If they call for Henery Kissenger to got the Hague, then they cannot call for Bush and Co.  

I must say it amazing to see Madoff out and about town after a $50 billion dollar ponzi scheme. Report this comment
#9) On April 15, 2009 at 12:36 AM, KameronH (< 20) wrote:

Thanks for sharing this post! Sadly, the Madoff scheme won’t just affect the ridiculously wealthy. Many charitable foundations invested in him. In conjunction with the Madoff scandal, another name was involved. Ezra Merkin is a name you probably never heard before. He is accused of having run the feeder funds that gave cash advances to Madoff. Madoff himself is awaiting sentences, while his lawyers try to appeal his bail revocation. Merkin hasn't been charged with a crime yet, only sued. But there may be a need for some big cash advance so Ezra Merkin can pay his fines.

Report this comment

Featured Broker Partners


Advertisement