Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Bohemian Bankruptcy
Karl Konsultation
One of the Pulitzer-Prize-winning members of Slope's editorial staff has snagged an interview with none other than Karl Denninger. What sort of question(s) would you like posed to Karl for this interview? Post your ideas in the comments section. Thank you!
Weekend Financial News Shorts (by Biffermas)
NEW
YORK—Goldman Sachs responds to accusations.
The following statement in a recent Huffington Post column has
executives of Goldman outraged.
"In what some on
Wall Street are calling the biggest blockbuster deal in the history of the
financial sector, Goldman Sachs confirmed today that it was in talks to acquire
the U.S. Department of the Treasury."
“This is simply
not true!” responded CEO Lloyd Blankfein, speaking at a news conference. “The talks never progressed past an exchange
of ideas for a merger, not an acquisition!” Blankfein then quickly changed the subject
and stated firmly, “People complain that our average employee, from myself to
the lowest secretary, receives a bonus of $700,000 yearly. Again this is simply not true. This number is an average bonus; the
secretaries receive far less than $700,000.”
OKLAHOMA
CITY—Federal Reserve Chairman Ben Bernanke expressed horror Saturday when he
discovered the half-empty Crossroads shopping mall he purchased for $77 million last April doesn’t include underground mineral rights. “There’s no way the Federal Reserve would
have wasted the keyboard strokes to conjure up $77 million in phantom money to
buy the mall if we’d known that.” A sullen Bernanke exclaimed. The mall is currently being offered at $24
million, but doesn’t include the oil rig pumping in the parking lot.
DENVER— Man on
Message Board Only Speaks Elliott Wave.
Harold Davies, a Colorado day trader trapped on the iBankDimes message
board, struggled to communicate with
fellow posters, none of whom spoke the cryptic language of Elliott Wave. Pasting a Jing link of his chart, Davies
responded to a confused poster named The Zombie: “Figure 1 shows that
since the 2007 peak the daily record of the S&P Composite index has traced
out a series of four discernible pairs of first and second waves, continually
developing into higher and higher waves.
Waves i and ii took three weeks; waves 1 and 2 took two months; waves
(1) and (2) took seven months; and primary waves 1-2 so far have taken two
years. As of this point, the last two
pairs of durations have an identical time ratio, as 2/7 = 7/24 = 0.29! P
The Zombie
replied, “I’m 3 liters deep in local brew
and watching football. Later.”
