SERVING THE QUANTITATIVE FINANCE COMMUNITY

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by torontosimpleguy
March 9th, 2010, 1:43 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: farmerQuoteOriginally posted by: torontosimpleguyContemplating: Actually there are lots of stupid people everywhere. And we have to live with idiots around us. (Thank You, God!)P.S. In reality, I guess, idiots serve as reservoirs of "wild genes" to maintain stability of...
by torontosimpleguy
March 9th, 2010, 1:24 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

Contemplating: Actually there are lots of stupid people everywhere. And we have to live with idiots around us. (Thank You, God!)P.S. In reality, I guess, idiots serve as reservoirs of "wild genes" to maintain stability of the system.
by torontosimpleguy
March 8th, 2010, 9:21 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: farmerQuoteOriginally posted by: torontosimpleguyLike most blacks Obama can't set his priorities right. Instead of food and essentials they spend money on fancy clothes and entertainment and then sit hungry in subsidized apartments.I think it is more you tax-paying suck...
by torontosimpleguy
March 8th, 2010, 3:51 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: farmerBut it will concern everyone when he is done. And with precise control on 1/7th of the economy, and people's very ability to liveYes, you are right about possible negative consequences that would affect all in the long-run.But my point was about priorities that af...
by torontosimpleguy
March 8th, 2010, 2:03 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>Actually I have no trust in the current U.S. administration. Like most blacks Obama can't set his priorities right. Instead of food and essentials they spend money on fancy clothes and entertainment and then sit hungry in subsidized apartments.Likewise, instead of fixing the broken part of econom...
by torontosimpleguy
March 6th, 2010, 3:31 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

QuoteOriginally posted by: Traden4AlphaI'm sorry if I don't see things as black-and-white as you do.[some political justifications ...]It's politician's talk. Sorry, I have no desire to engage in that kind of discussion. I'm not running for office.
by torontosimpleguy
March 6th, 2010, 1:08 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4AlphaWe only disagree on the implementation.I agree that, for centuries, bankers WERE concerned with their firms' survival. Banks' historical instinct for self-preservation was why Greenspan assumed things would be OK. But that historical tendency is now gone bec...
by torontosimpleguy
March 6th, 2010, 1:04 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4AlphaAt least we can agree on some things!It looks to me that one of us doesn't have his/her own beliefs and changes his/her position every minute.1a. Non-market solution is impossibleQuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: rmaxQuoteOrig...
by torontosimpleguy
March 5th, 2010, 7:44 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4AlphaI do appreciate the need for non-market solutions in the financial system ...Amen.QuoteI don't see how you can be so sure that your aggressive actions in the financial system will reduce aggressiveness. So far, you've shown no evidence that sacrificing GS wo...
by torontosimpleguy
March 5th, 2010, 4:51 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>1. You want to go into implementations details. I have no desire to argue about implementation details since they are not critical here. I guess one can set up something similar to McCarthy commission where public can complain about IBs and IBs can complain about each other. (Remember, we are tal...
by torontosimpleguy
March 4th, 2010, 8:48 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

QuoteOriginally posted by: farmerYou mean we could use the rule of law as an instrument of human redemption.as instrument of economic policy adjustment ... similar to interest rate adjustment by FED ...
by torontosimpleguy
March 4th, 2010, 7:48 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

QuoteOriginally posted by: farmerSo let's get after something we can all agree on: Destroying them.Yup, and after that put Soros and Paulson in jail.
by torontosimpleguy
March 4th, 2010, 5:00 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4Alpha1. Why would killing GS scare the other IBs? Greenspan admitted that he failed because the banks don't have an instinct for self-preservation. GS' execution won't scare anyone (and will only create a more concentrated set of even bigger IBs)We need to cut ag...
by torontosimpleguy
March 4th, 2010, 3:55 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4Alpha[some irrelevant remarks]I think you didn't understand the substance of my post. It's much deeper than rebuttals presented in your message.Try to look at situation like you have a body containing several interrelated parts. And when one part grows without co...
by torontosimpleguy
March 4th, 2010, 1:43 pm
Forum: General Forum
Topic: Will GS become next Arthur Andersen?
Replies: 114
Views: 43896

Will GS become next Arthur Andersen?

<t>QuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: torontosimpleguyIn my view, temporal fix of the broken pipe is better than a permanent leakage.Perhaps the pipe is broken, but so are the tanks (investors), water district managers (politicians), household fixtures (consumers), and...
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