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.
It's been a while since we checked in with the single most hated company on the planet, Goldman Sachs.
Here's a fun fact – – if you had the insight to put your life savings into GS over a decade ago, you would now be wallowing in a return of just about 0.00% for getting in bed with The Squid.
I guess the partners and employees do a lot better with this despicable place than the shareholders do. Here's a percentage chart for you:
Well, when the market opened Sunday afternoon, the ES and NQ exploded higher – – – – and that was their high. From then on, it's been a slow erosion.
We must – MUST – break this triangle. Any time this week would be fine, thank you. The sooner, the better.
Incidentally, the magical power of Chocolate Rain has, for me, been proven beyond any shadow of a doubt. I checked – – and I am not making this up – – but the posting of Chocolate Rain marked the exact bottom of the ES within seconds. I will never post that video again in my life. I promise you.
I think I'm finally getting a handle on my lifelong state of almost constant depression: it's 70s music.
When I was a youngster, I was surrounded by 70s music because (a) it was the 70s; (b) there was always music on. I was much younger than my siblings, so I tended to get the EZ-Listening version of it, since my mom didn't listen to the original stuff that often.
Anyway, when a Sloper made a comment recently that my musical choices were lilting toward the EZ-listening spectrum recently, I pondered as to why that might be. I fired up a song on YouTube that I knew I heard many times as a kid, but I had never listened to the lyrics. Well, today, I took the time to do so:
What I formerly had thought of as a jaunty, catchy melody is, in fact, a song about jumping off a tower to one's grisly death because of an acknowledgement of love's constant betrayal. Good God in heaven! No wonder I'm so screwed up!
Naturally.
No man's life, liberty, or property is safe while the legislature is in session. – Mark Twain (1866)
You see a lot of stupid comments made about the financial crisis and what should be done about it, and one of the most dangerous was made over the weekend by Vince Cable, the UK Business Secretary, when he proposed that the ECB should be given unlimited powers to support the Euro and the region's debt-ridden economies. You can see the full article at Bloomberg here.
