Do you think if your people think something is a piece of crap and go out and sell that, and then your company bets against it, do you think that deserves your trust?
You don't believe it is relevant to a customer of yours that you are selling a security to that you are betting against that same security.
I wouldn't trust you. If you came to me and wanted to sell me securities and you didn't tell me that you have a bet against that same securi...
Mr. Sparks, turn to Exhibit 173. This is an email message, November 2006...
If we can understand this piece of the puzzle, we will be in a much better position to craft responsible legislation.
Boy that Timberwolf was one shi**y deal.
They thought you were actually holding the equity, which is being on the long side, right?
Most honest observers would acknowledge that the roads of responsibilities lead to places like Washington and Congress as well as Wall Stree...
I am not asking you now about the net. I am asking you about your short positions. You had a significant short position, significant and con...
This is net short. This is all synthetics across the Mortgage Department, is that correct?
This week the Senate is trying to consider major financial reform legislation that could have profound effects on our economy.