baltbear on finance comes from the mind of someone referenced three times by the WSJ in tales of community building, underground market manipulation and the story behind the story on given stocks.
(That’s “the wall street journal” to you fox news watchers. Its also owned by Murdoch, so it’s ok to read it.)
He notes the most surreal moment of his experiences in the market which he marks spanning “being taught finance by an insider with tino de angeles, to pulling into a truck stop where they were watching cnbc and hearing global crossing had just gone bankrupt” as being the moment at which the chief regulatory attorney for the nasd told him the only guy who could answer a rather arcane but critical question about active vs passive control was indeed, not the sec, not the fed res, not the irs, indeed, not the chief regulatory attorney for the nasd…but this “bear person” commenting on various yhoo stock boards.
because he’s not here to sell you anything, shill for anybody, or do much of anything besides work to shorten your learning curve in becoming a prudent speculator, he is quite free “to not give a rat’s rump about what either cramer or ur grandma tells you about how it actually works.”
Enjoy the ride.
Posted under business
This post was written by admin on December 6, 2008