Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (10936)	12/5/1997 6:26:00 PM
From: Staff	Read Replies (1) \| Respond to of 94695

Thanks for the kind remarks Pancho.... always appreciated and the same goes for me. Have caught a few of your posts and must admit you have made this cynical old floor trader sit back and contemplate a few of your zingers on more than on one occasion.. As per your question: >>Why is it that the little folk always has to pay to cover mistakes, scams, extorsion,waste through expensive bail outs. Tax payers, stockholders,foot the bill and the party goes on....<< As mny father always taught me long ago , if you borrow dough from these cowboys Pancho you have to borrow so much that they don't even have to think twice that the perks,stock options and all the friges that go along with the day to day will be down the tubes in a heart beat if they even think about calling your loan. It's vcalled haveing them by they kaballa's as it where <gggg>:-) The average Joe on the street does not have his hooks into the bank deep enough. When you talk about a bank calling a loan for say 100 million or so your talking about more than a few themid to upper management guys getting their walking papers the next day. My god... just the thought of it ..getting an honest job? No way !! ( It's my old line I give people when we talk and they ask why I ever quit being a fund manager.. I tell them I woke up one morning and just decided it was time to get an honest job:-D ) Nothing against fund managers beleive me ..I've been there... your forgotten when you do well and the scape goat when it goes to heck in a hand basket. ... trust me... these guys want to see you win more than anything...brokers to... a customer who makes money slowly and is with a broker year after year is better than one who trades like crazy ringing up big comissions yet blows himself away in 30 days... trust me gang.. brokers want you to win more than you do...been there done that as they say... it's one tough way to make a buck... when I say the honest job thing it's always just in jest but it does get lots of laughs!! ] But bankers... ahhhhh.... I hate bankers.. when your doing great they want to loan you all the dough and more and the first F@rt in church and they want to call everything!!! Whjat is this.. some unwriten rule to banking or something?? I love to see them squerm when a 100 mill baby does south. The thoughts are tragic.... No more indoor heated parking.. no more fresh squeezed juice with your personal secretary, the golf membership is toast and my god.. then the final or all finals... having to use the normal rest rooms... I mean we are really talking about biting the proverbial bullet here :-) You borrow a hundred thousand and they own you... you borrow a hundred million and you own them amigo :-D