Jump to content

bills_fan

Community Member
  • Posts

    4,414
  • Joined

  • Last visited

Everything posted by bills_fan

  1. Did you even READ the link I sent you to...the treatise on Securities Activities of Banks? If so, perhaps you missed the regulatory timeline that begins on page 1-10, detailing the various agency decisions beginning in 1970 that chipped away at GS. By 1999 and the repeal of certain portions of GS, there was no separation anyway. Therefore, your statement that the repeal of GS caused this mess by permitting commerical banks to enter into business activities they were otehrwise prohibited to enter is clearly erroneous.
  2. And Elizabeth Warren is complete simpleton who knows very little about the financial world.
  3. Some type of Viagra drug? http://sports.yahoo.com/mlb/news;_ylt=Atqh...o&type=lgns EDIT: The drug is HCG. Dead to rights, steroids. HCG is known for being the hormone detected by home pregnancy tests. In men, it is used to treat hypogonadism and infertility because it causes you to produce testosterone, which is necessary for sperm production. HCG is unequivocally used to quickly boost your natural levels back to normal after anabolics deplete them on a typical cycle.
  4. This is your problem right here. You see, none of us actually have anything "memorized." We work in these worlds and understand how they actually operate. So, if someone asks a question, we try to respond with knowledge in our heads. Follow-up questions may involve a bit of research. Memorizing someone else's work is never an issue. It is understanding the various elements, how they interrelate and thinking about the consequences of actions in a logical fashion.
  5. Per ESPN Major League Baseball announced Thursday that Los Angeles Dodgers outfielder Manny Ramirez has been suspended for 50 games for violating its drug policy. The commissioner's office didn't announce the specific violation by Ramirez, but in a statement Thursday provided by Major League Baseball, Ramirez attributed the violation to medication he had been prescribed by a doctor. "Recently I saw a physician for a personal health issue. He gave me a medication, not a steroid, which he thought was OK to give me," Ramirez said. "Unfortunately, the medication was banned under our drug policy. Under the policy that mistake is now my responsibility. I have been advised not to say anything more for now. "I do want to say one other thing; I've taken and passed about 15 drug tests over the past five seasons. I want to apologize to [Dodgers owner Frank] McCourt, Mrs. McCourt, [manager Joe] Torre, my teammates, the Dodger organization, and to the Dodger fans. LA is a special place to me and I know everybody is disappointed. So am I. I'm sorry about this whole situation." After consultation with the Players' Association and his personal representatives, Ramirez waived his right to challenge the suspension. He will lose about one-third of his $25 million salary.
  6. While I agree wholeheartedly with you, and I am very glad that this worked out for these students, the wisdom of carrying a gun in a backpack to a college drinking party is questionable.
  7. Not really. See, instead of linking to a newspaper article, I will link you to the definitive legal treatise on this subject, "Securities Activities of Banks," by Melanie Fein (a book, BTW, I have on my shelf) and you can read about it yourself. GS was neutered primarily in the 1980s and early 1990s, when securities activities really took off. Essentially, GS was created to make commercial banking a utility function, rather than a dynamic business. You've heard the phrase "banker's hours?" Well thats where it came from. Investment banking, on the other hand, was the dynamic, risk-taking business that drove so much innovation. Commercial bankers chipped away at the securities activities they could engage in for years, before finally winning the war in the 1990s, well before the relevant provisions of GS were repealed. Happy reading. Securities Activities of Banks
  8. Only to the extent that Lynch is missing the first few games of the year which puts more pressure on our passing game and on Fred Jackson. Otherwise, no, not all. When I was 22-24 years old, I did some pretty stupid drunken things as well. They would have been exacerbated had I been a famous millionaire NFL player.
  9. No, no it did not. Gramm-Leach Bliley Act, which repealed Glass Stegal, basically codified existing court decisions relating to the breaking down of barriers between commercial and investment banks. Essentially, since Glass Stegal was passed, the commercial banks had been chipping away at it via the courts to try and get access to the more profitable investment banking activities (which they assumed they could do better, due to their larger balance sheets). So, at the time the Gramm-Leach Bliley Act was passed there was precious little new activities that banks (commercial or investment) could do. The biggest changes in that law related to merchant banking, not separation of commercial and investment banking (which had largely been done away with via 70 years of court decisions).
  10. Karma right. F*7k the fans and move the team, get to play in Cup finals and then win Cup a few years later. Methinks the hockey gods screwed that one up.
  11. You want to goose the economy, for real? Offer U.S. companies a one-time 6 month window where they can repatriate overseas dollars tax-free provided the money goes to create jobs or in capital investment. Watch how fast the economy rockets forward for 5 years off that little 6 month window. Of course, then the gov't would not have control over where the money was spent....
  12. Very true. Here's a link that details Garner's life after football. Pretty sad. http://www.deseretnews.com/article/1,5143,...53,00.html?pg=1
  13. I agree with you. The human interest stuff is nice, but my patience for it is wearing thin given all the losing. I really don't care what guys like Lynch or Whitner do in the offseason, provided they bring it on fall sundays. To the extent they can't bring it on fall sundays due to offseason issues, then I care. Kelly/Bruce/Reed etc. were no choirboys. If the internet, cell-phone cameras and the break down of the good ol boys network existed in the early 90s, a lot more offseason crap would have been known. Guess what, I don't care. They brought it on fall sundays. Tim, nice article. I do wish you had covered a few more of the football related items such as weight (keep it or lose it), speed and possible role for Maybin (every down or one trick pony) in the piece (although I understand such information may not be known).
  14. Exactly. And Butler is a very good RG. He is mean, nasty and a bit of a mauler. I really liked him next to Langston Walker. I hope we sign Levi just to keep that right side together. I thought they did a decent job.
  15. Totally agree. Butler is very good. I actually really like our right side from last year and don't want to mess with it.
  16. Also Mike Hamby (the illustrator of the Darby the Dinosaur series). Hamby And, of course, Ray Bentley himself... Ray
  17. I'd be pretty happy with LT Jones RG Wood C Hamgartner RG Butler RT Walker
  18. Hey BiB...enjoying a Laphroaig 27 year old tonight....I know you'd approve, this stuff is good. To you and finding peace. RIP.
  19. Reading this list of mostly 1st and 2nd roudners makes me wonder why we get so hyped up for the draft. I was hoping we would get some of those guys and they turned out to contribute very little. Some of them will be decent in time, but I think its rare for rookies to come in and make a huge impact on your team (other than at RB, and perhaps CB). I know there are many obvious exceptions, but it always seems like the draft is a 50/50 proposition and free agency or a trade is the better route many times.
  20. Nice charts showing a pretty good rally. Why not look at this chart and let me know if you see anything similar. And please, don't follow the stupid CNBC idiots or Bernanke for that matter. He's wrong and will look as foolish come October as the below look to you. "This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan... that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years." - R. W. McNeel, market analyst, as quoted in the New York Herald Tribune, October 30, 1929 "I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress." - Andrew W. Mellon, U.S. Secretary of the Treasury December 31, 1929 "The spring of 1930 marks the end of a period of grave concern...American business is steadily coming back to a normal level of prosperity." - Julius Barnes, head of Hoover's National Business Survey Conference, Mar 16, 1930 "While the crash only took place six months ago, I am convinced we have now passed through the worst -- and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us." - Herbert Hoover, President of the United States, May 1, 1930 And, of course, the real kicker.... "All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
  21. Kinda makes you long for the days Aaron Burr was leading a coup to break the Lousiana Purchase off from the rest of the country. At least he was a smart VP with balls.
  22. Seems pretty balanced to me with Roberts, Scalia, Thomas, and Alito the conservatives Stevens, Souter, Ginsburg and Breyer the liberals and Kennedy the modeate swing vote. Do you disagree?
  23. Very concerned. If Jax would take a 3 and a 5 in the 10 draft (same as they took for Stroud) for Henderson, I'd be all for that.
×
×
  • Create New...