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Bears Choke Again


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Loser Blames the Market as Currency Funds Crushed on Dearth of Trends

FX Concepts Inc., the world’s largest currency hedge fund, says it lost 5.4 percent in this year’s first five months. "I am wondering how stupid the market can be for how long," said John Taylor, chairman of New York-based FX Concepts, which mismanages about $12 billion.

 

Hey dumbass -- "the market" didn't lose over $600,000,000 already this year....YOU DID.

So who ya callin' stupid? :rolleyes:

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SHARHOLDER FUNDS IN ......BONUSES OUT

 

How 'bout some news from an embarrased Timmy...

 

http://www.investmentpostcards.com/

 

The quote du jour this week comes from Bill King, writer of The King Report, and is related to Wall Street pay approaching 2007’s record levels, as reported by The Wall Street Journal. King remarked: “Will Ben, Hank, Little Timmy and Congressional leaders explain to the American people how it is possible for Wall Street to have near-record remuneration AFTER the US taxpayers were put on the hook for about $12 trillion of guarantees to The Street? And will they explain to Americans that while Street insiders ‘earn’ record pay they must suffer a severe recession or depression, possibly record future inflation, collapsing home values, job losses and an income contraction?”

 

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The fall street mantra mantra hummed.... Shareholder funds in ..........bonuses out...shareholder funds in .........bonuses out...

 

Repeat a million times for fall street nirvana.

 

Except Uncle Sam is now substituting for the shareholders.

 

Until the Bondholders say ... no more .... no more...

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