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Tasty Mystery Baskets of Clips
-I didn't know there were swaps on mortgages
Seriously... Is everything gonna be ok?
No, no, no you say you always do adjustables
They looked
That's america's Burrito market
Which means... If we're right....
I don't talk about that.
I'm standing in front of an AP And im selling to you at Swatch prices
She 's got some lungs on her I'm impressed!
So, does Check seriously think he’ll get away with it?
When markets aren't functioning properly
I was a bartender Now I own a boat
You bring me in to tell me everything is fine, and everything is not fine!
Alright!
Merrill-Lynch's bonds in your CDO....
How bad is this?
I think somebody just left
By how much?
I'm sorry i don't have anymore information, but you ehm....
Jamie, very good!
Apple pear banana Banana pear apple
that is it a possibility, or a probability
Yes.
Look if they get rejected I suck at my job!
YOU KNOW IT!
I didn't know there were exceptions for No User Data in Un-Approved environments
Watch, It will pay! I may have been early, but I'm not wrong!
How are we looking?
Like: Here's your steel-cut oatmeal asshole!
And I'm not certain that you really understand this trade.
When someone asks how your Uncle Ron is doing
But our company is not comfortable with this investment.
it's all very logical.
Wow!
You flew here to tell me that? Why?
We had an underlying understanding, you wouldn't act like a goddamn crazy man!
The fact that we're not, doesn't make me feel all-right and superior!
When he was a kid he excelled at studying the Talmud and Yeshiva.
Why is he selling?
Mark wants us to check that out first.
Matt from DTP this is how I teach people to win
it's about time you find out just how dumb that money really is
Oh, can we see some of your offering documents?
Not just in banking, but in government
It’s possible That we are in a completely fraudulent system.
That's my two cents, thank you!
You know what they're doing right? -Yeah!
and how his bank will let customers write ten... twelve cheques
I have a question please!
They're not confessing. They're bragging.
It's starting....
Porter Collins, former Olympic rower, went to Brown.
In six years, it will all be gone!
OK, of course! Thanks Chris!
Everybody now wants junior uranium miners
Something most of the big banks did on a good day during the crisis
fifteen billion
How do you really feel?
Rumor has it default-numbers are huge!
I mean... it's this guy... from... Deutsche, who was talking about shorting housing bonds.
No!
Hold on!
He had an amazing nose for bullshit.
Absolutely! -Absolutely!
Cash would have stopped coming out the ATM, they had to back-stop this
BBB's .... Zero.
Oikeesti aikuiset
No... Money.
Is this Vancouver's angriest cafe?
This is what I'm gonna do....
We need you to help us get the ISDA.
and the mortgage continues to be the bedrock on which this economy is built.
Meh, i will, i will call it, improbable
Like selling insurance, or.... accounting
You can buy as much Double-A tranches as you want!
He does this every few days.
a billion dollars
Thanks for coming guys, totally fucking awesome to see you!
All this time I've been trying to figure out whom I've been betting against. And It’s Our Pension
I'm talking rock-bottom Fico-scores.
I want you to get me....
adjustable rates... Dogshit!
This bond, gentleman.. is triple A rated
S-Sorry?
Did you hear about the deal that Randall did with some fund-manager?
I love my job! -You hate your job!
When they question your hedging … after MOASS they question for help.
Great Michael, whenever you find something interesting, we all sit to make money.
that sub-prime losses stop at five percent?
I worry about you Mark!
Not sure, I guess that's why we're here.
I'm so sorry Mike!
What?
You should give him a call!
I know you must feel the same, but you never show it!
His face is starting to boil He looks like the bad guy from DOOM
So, when they were wrong, they were wrong small. But when they were right.......
My boss would have my ass
I told her we're not selling shit!
How about 20-to-1?
This makes us look bad doesn't it?
Hey Sir! -One second!
Who's gonna tell us? Who understands this stuff? It makes no sense!
That's weird!
And i can profit off of their stupidity
-I need you out of here Of course, Yes Mam!2
And when you come for the payday, I'm gonna rip your eyes out
Just put the business-news on please. Thank you!
The second quarter of '07 is when the adjustable rates kick in!
and a wife getting her masters-degree
I guess I'll go find a desk. Is there anything you want me to work on for start?
I don't know, you tell me!
These guys are morons! -Fucking tool!
Somebody shorted two-hundred mill in mortgage bonds?
Who's not gonna take that bet?
Seriously, colonic once a year!
I've put out something really interesting...
My quantitative... My maths specialist! Look at him!
suck it
You notice anything different about him? Look at his face!
-Hello Mark Baum Oh hey Cathy!
IT'S YOUR BIRTHDAY? I'M JACKED TO THE TITS!
No, he's too curious to explode!
no-one is paying attention!
xxx xxx
They were just thousands of AAA-mortgages bundled together,
Before telling them they're overdrawing.
Hello, I'm surveying mortgage owners who are over 90 days delinquent
Look I get that this is personal for you,
Holy... what! Say that again!
Yeah... Just tell the bankruptcy-court
Do not throw our acception- agreement in my face Michael!
Please don’t be chipper in the face of me being miserable
Wall-street took a good idea: Lewis Raneiri's mortgage-bonds
Shit! It's thirty-two -Yeah it's fucking tanked man
Yes! He he!
I'm telling you
Short everything that guy has touched, I want half a billion more in swaps
Hey... Excuse me!
It's our money... Yeah.
How much bigger is the market for insuring mortgage bonds than for actual mortgages?
-Michael, just take a beat, we'll talk about this later!
And everybody's walking around like they're in A fucking god damn Enya video
I make two thousand on a fixed rate prime
Mortgage Meltdown continues
Jonas in QBR
Short the bank's stocks! -Wait..
That's not stupidity... that's fraud!
But do you have any concerns about the performance of the underlying securitizations?
How much is eligible for withdrawal before they're due? Say in the next two quarters.
Go back to sleep.
pure pats, hybrid pats i like to make money
It's a disaster, it just says here, They got a liquidity-BRAVO
Unfortunately... It's in a place like this, which i would never be in.
Jacked to the Tits!!!
-What?
Alright! -Where are you going?
Sam Altman hiring a Chinese guy To convince stakeholders that they can do better than DeepSeek
everyone knows here something we don't and we're gonna get royally screwed
Jacked to the Tits!
Okay, Selena has a pretty good hand here!
i never hung out with these idiots, ever. i had fashion friends.
separates me from people.
Keep up those returns
Greece and Iceland are finished
big piece of shit!
What did you just say? You fucked Jessica? That is fucking crazy!
That... is a CDO.
That's just crazy!
OK.. Don't!... Stop Saying J.P. Morgan-Chase!
Tell me Morgan-Stanley doesn't hold the contracts on these swaps
That I have no problem telling someone they're wrong.
We're three times up
Yes! That's a perfect title!
Even Bear up their prices!
but trust me, it's fueled by stupidity!
People who are watching and think that I won't lose will make a side-bet
Not me, I'm not a weirdo, I'm pretty fucking cool, but... we'll meet again later!
@iliya
Let's not talk about my margins by the way.
Nice shirt, do they make it for men?
It’s possible That we are in a completely fraudulent system.
Call Ben!
Well, this is an opportunity for you to meet who you're betting against!
Where we take a bunch of B's, BB's and BBB's that haven't sold,
Want one? No?