La sociėtė gėnėrale and the single bullet theory. (advisory: likely contains bullshit)
January 28, 2008
In these days of Pooh bear markets, could a single bullet have pulled off the so-called fraude of the decade leaving La sociėtė gėnėrale dazed and out of pocket. I don’t think so. I suggest that this benign bullet (ferdinand?), let’s call him Jėrôme Kerviel, has agreed to take the rap for the reckless behaviour of his bunk bank in return for some kind of compensation down the road to perdition. It seems that whilst in la cage aux faûx of la société he was selling shorts when he should have been buying them and buying longs that were too short to cover his ass. Now le pen will greet him with open gait and a swinging bat. Unless of course some Jacques Rubie-style vigilante, self-appointed? rep for all the angry investors bent on restoring the lost honneur to la république, takes him out for dineros.
Bear* with me,
Naan
*Ursa major
Filed in Uncategorized
Tags: angry investors lost honneur, benign bullet, bull-pen, bunk bank, buying longs, buying shorts, cage aux faux, cover his ass, fraud, jacques rubie-style vigilante, jerome kerviel, le pen will greet, reckless behaviour, republique, selling longs, selling shorts, single bullet theory, societe generale, swinging gait, takes him out for dineros. bear with me, ursa major.
January 28, 2008 at 12:37 pm
I believe Kerviel’s ‘actions” to be a little too derivative of Nick Leeson’s who brought down his bank baring all. Dr. Watson (Paul) will get to the bottom of this.
January 28, 2008 at 1:41 pm
the maths bankers use
defy probability
forclose and seven
January 28, 2008 at 2:11 pm
tao skitterish as polar bears predict recession of ice cap.
January 28, 2008 at 5:47 pm
Kerviel is French for Knievel. Evel- Evil.
If you’re looking for a smoking Gouda, then I suggest The Grim-Aldis. France bet 50 million Euros on Impair- and lost. They crossed the Maginot line of betting.Nick Leeson, it’s Liam Neeson and that’s why they had to dispose of all ledgers in the cliff beneath the heath
January 28, 2008 at 7:10 pm
bear nor bull still apt
wild boar more apropos or
sedentary swine
January 28, 2008 at 8:00 pm
macheath vas in der bugger’s opera by dat gay john & bert.
January 28, 2008 at 9:30 pm
the sheikhs & shingle mullet theory : shakedown at every gaspump, bad haircuts, stern bears in your r.s.p.
January 28, 2008 at 10:24 pm
We are not the Algonquin. More like Chester Conklin
January 28, 2008 at 11:04 pm
I sense a bit of fraudenfreude in the americas. The original post here is such a cornucopia of ideas, I hope that it doesn’t become a target of some literate version of its subject like some sort of klein bottle of prose.
January 28, 2008 at 11:43 pm
What’s a bottle of prose?
January 29, 2008 at 9:11 am
give the fiddler a dram of that prose water. god bless you mister.
January 29, 2008 at 12:55 pm
I’m confused & out of the loop. I get IED & IUD mixed up