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Dignified Rube
 Post subject: Margin Call
PostPosted: Thu Dec 07, 2017 10:41 am 
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Saw this for the first time yesterday.

Best acting and casting in a film in the last six years.

Kevin Spacey and Jeremy Irons are superb. I worked for a firm in London like the one portrayed in the film. This is how it is in the trading industry---cutthroat.


Last edited by Dignified Rube on Thu Dec 07, 2017 1:34 pm, edited 1 time in total.

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Douchebag
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 10:44 am 
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Dignified Rube wrote:
I worked for a firm in London

No you didn't.

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Jaw Breaker
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 11:03 am 
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Dignified Rube wrote:
Saw this for the first time yesterday.

Best acting and casting in a film in the last six years.

Keven Spacey and Jeremy Irons are superb. I worked for a firm in London like the one portrayed in the film. This is how it is in the trading industry---cutthroat.


I remember seeing this when it came out, and then the next day the fiction became reality and my futures brokerage firm went bankrupt.

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newper
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 11:23 am 
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Frank Coztansa
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 1:18 pm 
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Douchebag wrote:
Dignified Rube wrote:
I worked for a firm in London

No you didn't.
He probably worked for KFC in London, Kentucky

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Dignified Rube
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 1:25 pm 
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Douchebag wrote:
Dignified Rube wrote:
I worked for a firm in London

No you didn't.


Yes, worked in the financial district near Moorgate, lived in Islington off Upper St.

The Brits are the most untrustworthy MFs and have nothing but disdain for yanks.
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Dignified Rube
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 1:36 pm 
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Jaw Breaker wrote:
Dignified Rube wrote:
Saw this for the first time yesterday.

Best acting and casting in a film in the last six years.

Keven Spacey and Jeremy Irons are superb. I worked for a firm in London like the one portrayed in the film. This is how it is in the trading industry---cutthroat.


I remember seeing this when it came out, and then the next day the fiction became reality and my futures brokerage firm went bankrupt.


You worked for Man Financial?
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Jaw Breaker
 Post subject: Re: Margin Call
PostPosted: Thu Dec 07, 2017 2:00 pm 
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Dignified Rube wrote:
Jaw Breaker wrote:
Dignified Rube wrote:
Saw this for the first time yesterday.

Best acting and casting in a film in the last six years.

Keven Spacey and Jeremy Irons are superb. I worked for a firm in London like the one portrayed in the film. This is how it is in the trading industry---cutthroat.


I remember seeing this when it came out, and then the next day the fiction became reality and my futures brokerage firm went bankrupt.


You worked for Man Financial?


Our trading firm cleared through MF Global.

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To IkeSouth, bigfan wrote:
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denisdman
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 12:09 pm 
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It’s happening in real time. Archegos!

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SpiralStairs
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 12:31 pm 
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Viacom on sale!

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denisdman
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 12:38 pm 
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SpiralStairs wrote:
Viacom on sale!


First thing I checked, but did you see that run-up? This guy was single handily pushing up several stocks.

Ok you have $10B in assets a family office. The only way you are going to dent that kind of wealth is by using dumb leverage. Like even if he only earned 5% a year for the next decade, you are talking about $500M per year. Now he probably pissed away his entire fortune.

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SpiralStairs
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 12:42 pm 
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denisdman wrote:
SpiralStairs wrote:
Viacom on sale!


First thing I checked, but did you see that run-up? This guy was single handily pushing up several stocks.

Ok you have $10B in assets a family office. The only way you are going to dent that kind of wealth is by using dumb leverage. Like even if he only earned 5% a year for the next decade, you are talking about $500M per year. Now he probably pissed away his entire fortune.


He'll be fine.

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denisdman
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 1:01 pm 
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No actually he will not. I suspect he will be bankrupt as he will not have enough money to pay back what was borrowed. He already had one SEC investigation and large fine. That will finish him off nicely. It is a decent bet to take the under on the odds he commits suicide in the next 18 months.

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SpiralStairs
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 1:19 pm 
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denisdman wrote:
No actually he will not. I suspect he will be bankrupt as he will not have enough money to pay back what was borrowed. He already had one SEC investigation and large fine. That will finish him off nicely. It is a decent bet to take the under on the odds he commits suicide in the next 18 months.


$100 he doesn't go long in $ROPE in the next 18 months.

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K Effective
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 2:43 pm 
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denisdman wrote:
No actually he will not. I suspect he will be bankrupt as he will not have enough money to pay back what was borrowed. He already had one SEC investigation and large fine. That will finish him off nicely. It is a decent bet to take the under on the odds he commits suicide in the next 18 months.



was he a Clinton advisor?
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FavreFan
 Post subject: Re: Margin Call
PostPosted: Mon Mar 29, 2021 2:51 pm 
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SpiralStairs wrote:
denisdman wrote:
No actually he will not. I suspect he will be bankrupt as he will not have enough money to pay back what was borrowed. He already had one SEC investigation and large fine. That will finish him off nicely. It is a decent bet to take the under on the odds he commits suicide in the next 18 months.


$100 he doesn't go long in $ROPE in the next 18 months.

:lol:

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