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Yep, Captain's Log and his avatar have it all:

Scatalogical reference

Political satire

Market Comment

Clever puns

Pop Culture statement

Great graphics without having to resort to use of breasts

 

Mousey, welcome back.  Your username and avatar are classic!  

 

My username could use a little work.  And Sam Clemens sittin' on the can is pretty lame as well.

If the "s" in paul-s stood for Sam

then the man on the can could be Sam

 

but it's scatalogically clear

even though Mark Twain is revered

 

that the stools in this avatar

have no place to go

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Fox to hens: We'll guard the house . . . :o

 

 

Morgan Stanley: Let's heal ourselves

 

BOCA RATON, Fla. (CBS.MW) -- John Schaefer, president of Morgan Stanley's individual investor group, said it is not up to regulators to fix problems within the securities industry.

 

Schaefer, speaking to a standing room only crowd at the Securities Industry Association annual meeting Thursday, called on firms to work harder to restore public trust and confidence.

 

"We simply need to work harder next year to make more progress on trust and confidence," he said. "It is time for all of us to take a fresh look at the way we do business."

 

Schaefer acknowledged that Morgan Stanley (MWD: news, chart, profile) has had its own problems and has "room to improve."

 

In October, William Galvin, Massachusetts's top securities regulator, subpoenaed Morgan Stanley regarding its mutual fund trading practices.

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No confidence:

 

+DJ Calpers Tells Reed NYSE Regulatory Framework 'Doomed'  

*DJ Calpers' Letters To SEC Urge Rejection Of Reed Plan  

*DJ Calpers To Ask Pension Funds To Join In Seeking Rejection  

*DJ Calpers Says Biggest Flaw In Reform Plan Is Regulatory  

*DJ Calpers Wants Institutional Investors On NYSE Board  

*DJ Calpers Would Consider No Longer Using NYSE  

 

 

=DJ Calpers/NYSE -2: Calpers Executives Meet With Reed  

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rog: by the end of the day that should be up 200,000, then they can beat by a penny and report 300,000. No way we they dissappoint, they have control both the pencil and the erazer.

Eraser comes real handy dandy when they revise the fictitious numbers. Which is a regular occurrence.

 

I am looking for 3 millions new jobs, those numbers are from china but we should include them in. Since Bush did throw $1 trillions Jamboree party.

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Fox to hens: We'll guard the house . . .  :o

 

 

Morgan Stanley: Let's heal ourselves

 

BOCA RATON, Fla. (CBS.MW) -- John Schaefer, president of Morgan Stanley's individual investor group, said it is not up to regulators to fix problems within the securities industry.

 

Schaefer, speaking to a standing room only crowd at the Securities Industry Association annual meeting Thursday, called on firms to work harder to restore public trust and confidence.

 

"We simply need to work harder next year to make more progress on trust and confidence," he said. "It is time for all of us to take a fresh look at the way we do business."

 

Schaefer acknowledged that Morgan Stanley (MWD: news, chart, profile) has had its own problems and has "room to improve."

 

In October, William Galvin, Massachusetts's top securities regulator, subpoenaed Morgan Stanley regarding its mutual fund trading practices.

The sheep buy it too. Or was that the hens? B)

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And Sam Clemens sittin' on the can is pretty lame as well.

 

no way dude!

 

sam clemens is one of the most with-it individuals america ever produced.

 

and sittin' on the can...well, that's obviously where it's at!

 

:lol:

 

 

ok gentlemen.....down into the close? or another boner coming up?

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Fox to hens: We'll guard the house . . . :o

 

 

Morgan Stanley: Let's heal ourselves

 

BOCA RATON, Fla. (CBS.MW) -- John Schaefer, president of Morgan Stanley's individual investor group, said it is not up to regulators to fix problems within the securities industry.

 

Schaefer, speaking to a standing room only crowd at the Securities Industry Association annual meeting Thursday, called on firms to work harder to restore public trust and confidence.

 

"We simply need to work harder next year to make more progress on trust and confidence," he said. "It is time for all of us to take a fresh look at the way we do business."

 

Schaefer acknowledged that Morgan Stanley (MWD: news, chart, profile) has had its own problems and has "room to improve."

 

In October, William Galvin, Massachusetts's top securities regulator, subpoenaed Morgan Stanley regarding its mutual fund trading practices.

Umm... OK.

 

Just give everyone back all the money that was dishonestly taken, and surrender all the bonuses and such that were provided based on that criminal behavior. And let's have prosecutions of every single last one of those who betrayed a fiduciary responsibility, with only maximum sentencing, and hefty fines to their firms, even if it means that one or two dissappear.

 

Yeah... sure. Then I'd be happy to see them self-police.... :angry:

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Soup, the only way to describe this is unfortunate, the exact opposite of AG's term.

 

On a slightly different note, WH and I are freaking. The city sent us a new property assessment today. Up 62% from when we bought it in the latter half of 1997. It's 25% higher than the valuation our bank put on it, which is about in line with the market value we had in mind.

 

Our city took on a couple of crazy debt-financed expansion projects in the bubbleyears and taxpayers are having to cough up now. What better method to raise funds than to raise property valuations? What a joke! The small print reads, "Please remember, your new assessed value reflects changes in the real estate market over the past two years." Are they going to adjust them downward when RE starts tanking?

 

I fear this is leading to an unwelcome increase in inflation in the WH household.

Is that what deflation looks like? Now I know What Greenspan is seeing.

 

 

Deflating wallets.

:unsure: :unsure: :unsure:

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Economies of countries around the world are growing this year, as are almost all of their stock markets. Even Japan and Germany, economies no. 2 and 3, are improving, after having been pronounced basket cases 8 months ago. Some Central Banks, such as those in the UK, Canada, Australia, and China are concerned about economies overheating, and inflation.

 

As Wndy noted the other day, most individuals in Asia and India are only now beginning to learn the western way of living for the moment, and indulging oneself in material things using credit cards. This phenomenon has a long, long way to go before it stops, or even slows.

 

The improvements in the US economy and stock market fit right into the global picture (adding as Stephen Roach would, "in my view"). Traders should be very aware and concerned with the undeniable current UP trend, in the economy and markets. Trading Safe does not mean top-picking or counter-trend playing for me.

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Fox to hens: We'll guard the house . . .  :o

 

 

Morgan Stanley: Let's heal ourselves

 

BOCA RATON, Fla. (CBS.MW) -- John Schaefer, president of Morgan Stanley's individual investor group, said it is not up to regulators to fix problems within the securities industry.

 

Schaefer, speaking to a standing room only crowd at the Securities Industry Association annual meeting Thursday, called on firms to work harder to restore public trust and confidence.

 

"We simply need to work harder next year to make more progress on trust and confidence," he said. "It is time for all of us to take a fresh look at the way we do business."

 

Schaefer acknowledged that Morgan Stanley (MWD: news, chart, profile) has had its own problems and has "room to improve."

 

In October, William Galvin, Massachusetts's top securities regulator, subpoenaed Morgan Stanley regarding its mutual fund trading practices.

Translation:

 

Whats wrong with you people? When I was green and lean, getting my hands dirty, we used to take the evidence home and use it to start the fireplace. Come on people! Shredders! Delete button!

 

If you people weren't so M%^#* lazy we be at dow 18,000 by now. There would be no post-bubble environment. get with the program or get out.

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