There are no problems at the SEC. Really. None at all. Nope. Everything is hunky dory. [View all]
Well . . . . uh . . . . apart from that Morgan Stanley analyst letting it be known to a very few big money guys to ixnay on acebookfay. Which is completely against the law.
And that IPO day NASDAQ "technical" glitchiepoo.
And then there's that silly little Jamie Dimon thang. Hahahaha. That's a story. ::knee slap:: Those . . . . hahaha . . . . knuckleheads over at JP Morgan Chase . . . . hehehehe . . . . wutta buncha cards. Everything's cool.
Well . . . . except for that pesky $2 billion.
Whooooopsie! Did they say $2 billion. Those kidders. It was . . . . 3 . . . . or so.
Hey . . . . did you know that . . . . well . . . . for a CEO to . . . . uh . . . . "overstate" . . . . heheheh . . . . your company's fiscal health. Well. That's kinda illegal, too.
So today Madame SEC is in the congressional hearing room hot seat.
Squirming.
No good answers.
And next week?
Ol' Jamie's gunna be in town. Facing those paragons of the public good, the congressional hearers. Hearing from Jamie. Who contributed millions to them, collectively.
Lotsa show over there in FinanceLand. There were even some reports of actual hand wringing.
Meanwhile, they want us to work until we're 67 . . . . no . . . . 70. 70's the new 50. Or some shit. Work till you're 80. That Paul Ryan. Smart young kid.
Pensions are quaint. 401Ks are all robbed clean. Social Security is being crunched. Medicare will soon enough be MediWhoCares.
But Jamie and Zucky . . . . they'll all be fine.
They have a guardian angel.
