QE3 and Manhattan RE

PIMCO is not a money-market fund; it is an asset-management company.

I did not ignore what you said - I said that banks are not huge buyers of MBS's, and for good reason: they have nothing to gain from them as an investment.

Except, as Wells Fargo noted, to manage a total portfolio of assets. I did not deny any of anything else you said, because it is true. EXCEPT that banks keep most of their mortgages on their balance sheets (b/c they don't) and that banks are big buyers of agency MBS's (because they're not).

To the best of my knowledge, most (not all) banks have given up their fund management businesses to avoid conflicts of interest, though JPM was just caught in some problems, I think. Banks would have bought MBS's to manage funds, but they outsourced most of that to the likes of PIMCO and Blackrock and Fidelity and Vanguard and T Rowe Price.

Apt confirms what I said - hedge funds are in this business big-time.

Steve, MM stands for money manager, not money market fund.

I'll confirm what I said. HF are probably buying non-agency MBS and sub-prime MBS. If they are buying agency MBS, they are buying agency derivative MBS.

Well I'm glad you have your own private lexicon - you've been told before that what you write is obscure.

Other than what's in the newspapers I don't know what HF's are buying or why, and I don't think you do, either.

MM to refer to money mgr is new on me, too.

And to call Pimco a money manager is either poor use of language or, simply, wrong. And I've been trading with Pimco for, like, (it scares me to admit) 30 years. Never heard Pimco referred to as money manager.

To say that hedge funds, as a group, are buyers of anything speaks of poor knowledge. Hedge funds are in and out of the whole spectrum of instruments, long/short, underlying and/or derivative, hedged or not.

Like I said, Brooksie, best you stay in RE and out of politics and finance. And bone up on writing, while you're at it.

Brooks, I've researched SE back to February 2008. Whether the poster was actually wrong or right, no one has EVER won an argument with Steve.

And to clarify, I should have said: "Apt confirms what I said - [according to the papers] hedge funds are in this business big-time."

I have no further knowledge b/c they don't publish financial statements.

Yikes/bottoms what ever your name is, this is obvioulsy waaay over your head. It requires a GED at a minimum. i did not say ALL hedge funds were buying MBS. Pull up the link your buddy Steve posted and read an article before you start chimming in with stupid comments. This thread already has over 200 posts because Steve said something stupid and is too pig headed to admit that he might be wrong.
Call any broker dealer and ask them what MM stands for.

i actually do have many friends that work at HFs(which can also loosly be referred to as MM). I know some of the types of securites they buy or sell.. If the 2 of you would sht the fvk up and pay attention on this thread maybe you would learn something.

MM means money market to anyone in the securities business, fool, including at hedge funds or wherever you "know people" and "some of the securities they buy or sell". How is it relevant to steve's point that hedge funds buy mortgage product? About as much as it is relevant that they buy anticipated tort-claim settlements. what a dope you are. stick to your rants about one bdrms in midtown east!

Your writing speaks of your likely intimate knowledge of the GED. Must have been a struggle.

For amusement i just checked Investopedia for "MM" and in addition to money market, it also means Marilyn Manson, Marilyn Monroe, Minnie Mouse, Marshall Mathers, Mike Myers, Mount McKinley, Modigliani Miller (surely you financial economists know that one), and Malden, Massachusetts.

"because Steve said something stupid and is too pig headed to admit that he might be wrong."

To set the record straight, I said that banks do not keep most of the mortgages that they write on their books - that is true, it is confirmed by a number of direct sources that I cited, and I stand by it.

I also said that banks are writing a lot of subprime car loans now b/c there is a market for securitizations, and they are more profitable than mortgage loans.

That is also true, and I stand by it.

I know and have known a lot of people who work at hedge funds, and one thing that they'll NEVER tell you is what they're investing in. In fact, they go through great lengths to hide their footprints in the market.

They will, however, tell you what they didn't invest in.

Ok let's ignore what my friends may tell me for a second. Steve, this is an excerpt form the link you posted, "Hedge funds have been snapping up all types of RMBS AND CMBS: prime and subprime, agency and non-agency. The prevailing view is that the U.S. is in the early stages of a housing market resurgence . . .%u201D

So you are wrong again.

Also, this is what apt23 said,

"anecdotes don't really count but just to pile on, my broker has presented several mbs investments, has been pushing them, has invited me to presentations by hedge fund managers that have highlighted mbs investments. For a couple of years now, this is where the big time money has been going."

You see, they can tell you their investment strategies. So I guess she is either wrong or lying. I don't think she is wrong or lying. What do you think? (rhetorical)

Yikes/wbottom/dope, Keep up... and .. do you ever come up with an original thought on your own or do you always follow what ever Steve says? rhetorical(do you eve know what that means?)

shut up.

Hi columbiacounty! I was wondering if you could help me with the definition of the word 'rhetorical'. I'm only 12 (still!) and don't know what it means. It seems like an interesting word because the 'h' is after the 'r'.

But seriously Brooks2, I'm with columbiacounty on this one. Shut up. Steve too.

do you know that you're nuts?

See that columbiacounty, you and me, we are two peas in a pod.

Well see, I accomplished something. I at least got you and CC to agree on something.

provoke provoke provoke and keep provoking.

Stop provoking Brooks. Just stop it. No more provocations.

"Saint Stephen will remain
All he's lost he shall regain
Seashore washed by the suds and the foam
Been here so long he's got to calling it home..."

("Saint Stephen", Robert Hunter, Jerry Garcia, Phil Lesh)

urbandigs, google cannot educate anyone especially yourself. once again, the fed is a privately owned corp, period. it has no relation to either the congress nor the president what so ever except for ceremony means.

those brain-washing documents you googled are for the dummies/retards only

what is ceremony means?

Now the truth comes out in the W.P. that QE is mostly about lifting bank profit..(and Bernanke knew this)
http://www.washingtonpost.com/business/economy/qe3-may-have-little-impact-on-mortgage-borrowers/2012/09/18/f6ee68f2-0116-11e2-9367-4e1bafb958db_story.html
-----------------------------------
The Federal Reserve took aim at the nation’s wobbly housing market last week with its biggest stimulus action in two years, but that firepower is doing little to lower mortgage rates or make home loans more available for Americans.

Instead, banks are set to see a windfall since the Fed’s actions will immediately lower the cost of issuing loans. It may take months or longer for benefits to trickle down to consumers, analysts say.

You're sad, Brooksie - you'll do anything to claim that you're right, when you're wrong.

I said that all I know of hedge fund strategies is what's in the papers, and that is true. No one I've ever met who worked in a hedge fund has ever told me their strategy, or what they were investing in, and hedge funds, like all traders, go through great lengths to hide what transactions they are making. Ask Warren Buffett

So what I said was true.

Carly Simon needs to write a song about you: You're so lame.

brooksie,

haven't had steve to follow for some time now, given the break he recently took. but have had you, and it's been clear that all of your adventures to places other than price rants have been misadventures, such as this current one.

please learn me about rhetorical. hahaha

too much owsley, truth?

ok dumb and dumber-- You are just too stupid to admit whn you are wrong. Or maybe you just don't understand. That must be it. Now you are picking apart stuff I am saying about HFs.. givie it up.
What started this whole thing was when you said banks don't buy MBS. I said Clearly you wrong.

THis is what you said, "
"I have seen no evidence that banks are buying Agency MBS's, because they have no incentive to. Moreover, the logic makes ZERO sense (as usual): Agency MBS's have as underlying assets agency-qualified (guaranteeable) mortgages. Therefore, it is impossible for them to buy agency MBS's because there are not enough qualified buyers, because agency MBS's are comprised of qualified buyers"

Yet, The Federal Reserve Reported this.""There was a $51.4 billion increase in the agency MBS holdings of large commercial banks in the past two weeks, the largest jump in 18 months, according to the latest survey data from the Federal Reserve"

It makes no sense to you why commercial banks would buy MBS. I will repeat your quoate again,"the logic makes ZERO sense". Yet, there was a $51bn(THATs BILLION) increase in two weeks back in 2010(this story was too easy to find and I don't have the time to provide you with current data, but they still buy MBS(AGENCY MBS). But you STILL DONT UNDERSTAND OR ACCEPT THE FACT THAT BANKS BUY MBS!!!

Again, before you profess to be so knowledgeable about a topic and post stupid SH1t, make sure you know what you are talking about.

MOVE ON ALEADY YOU DONT KNOW WHAT YOU ARE TALKING ABOUT.

and as far as your side kick yikes/bottoms/dope/dumber-- come up with an original thought on your own. BE a leader not a foller you fool.

yah, I'll work on being a leader like you, to data from 2010 which has zip to do with bank behavior here in 2012, fresh from hearing of qe3.

i'll keep "follering", thanks, genius. teach me about hedge funds and fixed income trading, pleeeeze

Whether or not banks buy MBSs is a really important topic, I hope this thread continues a long time until it gets resolved.

OMG - HE GOES ON WITH IT!

"There was a $51.4 billion increase in the agency MBS holdings of large commercial banks in the past two weeks, the largest jump in 18 months, according to the latest survey data from the Federal Reserve"

Date - AUGUST 2, 2010. Today's? September 19, 2012.

Total bank credits (US, non-foreign banks) in the US? 13 TRILLION dollars. Increase (in 2010, mind you) in MBS's? $51 billion.

Immaterial.

Nobody said they "didn't buy them" at all - what I said is that they are not a material part of bank balance sheets as investments, and are held for sale.

Anything to divert attention away from the fact that Brooksie's original statement - that banks keep most of the mortgages they make on their balance sheet - is (also) grossly wrong.

"Stephen prosper in his time
Well he may and he may decline
Did it matter? Does it now?
Stephen would answer if he only knew how..."

trUth, this thread is about quantitative easing, not nostalgia for Sing Along with Mitch Miller and The Gang.

^^alkielanhart is trolling me again, now on two different threads^^.

He's an old miserable man,sitting at home. He's envious of people in his age-group with actual talent.
He's envious of any talented person.

Another angry day alone at home for alkiealanhart.

One man gathers what another man spills...

In the Ven diagram of life I do believe we have found an overlap.

A tiny glimpse of the invisible infrastructure

steve, again, you think the 1 or 2 sentences you googled represent the whole world and the truth, but that is just you and few of your fellows

the MBS on 1 bank (not a top one)'s short term repo as collateral could be easily over $51 billion, just one mediocre bank

Falco - when purchasing, we always look for sellers who have an apparent disregard for rent vs. buy calculation. It has served us well in the past 10 years. We were even able to sell a property purchased in 2006 in 2010 for 15% gain. With leverage, it was an 80% gain. Maybe stocks did better in that timeframe, but I don't like evaluating stocks as much as I do real estate.

bucket hanging clear to hell

WBottom/yikes is a Grateful Dead fan.
falcogold is a music fan.
They are also Who fans.

Unless they had to google the lyrics.

So typical of me; I thought you were talking about something else entirely - specific bargains that can be found by researching circumstances of specific sellers. Always nice to find situation where seller just wants out of a property and can afford to take a loss; their loss can be buyer's gain. We love buying from people who have already traded up significantly.

Davidowitz is onto Bernanke. the emperor isn't wearing any clothes....

http://globaleconomicanalysis.blogspot.com/2012/09/davidowitz-on-qe-and-economy-bernanke.html

fvck Bernanke and liar bam

that was cogent, as usual.

AR, how was your week?

interesting. stressful. loving. horrible. hope. less hope. fun. loving, etc. rinse, repeat.

and yours?

Sorry to hear about the horrible. I probably covered the rest of the words there, perhaps with a "more hope", maybe a few other things, and a "bad hair day" included as additions before the rinse.

i actually had a good hair day or two in there. things are looking up. but it's not easy helping a kid who is incredibly smart and realizes how incredibly behind he is and who is suffering from PTSD so badly he can hardly focus. but we'll slog along, and the necessary drugs are finally within our reach after a three-month battle.

didn't mean to imply I personally had the bad hair days, but I still had to deal with the fallout.

I'm no counsellor, but I am against excessive Rx and look for ways without, whether I'm wrong or right.

my gosh hb and ar in civil discourse. rejoice i say. truth, sadly is in the same misreable bubble. and yay alan.

Davidowitz seems to be wrong.

No, wait, Davidowitz is wrong: "The only way you fix anything is pain ... I've always thought Bernanke is certifiably nuts. His record speaks for itself."

I like this one better:

"Far from saving the country, Bernanke and his fellow White House confederates President Obama and Treasury Secretary Tim Geithner did everything they could to avoid fixing the problem. They bailed out the banks, and as a result, the banks have not been fixed. They pumped money into the economy and postponed the inevitable day of reckoning. They heaped additional regulation atop an already crushing regulatory burden. And in so doing, they helped ruin the country."

Crushing regulatory burden? I'm sure he means by that the crushing deregulation that caused the banks to fail that necessitated their being bailed out.

rangersfan is here and he still can't read or spell.
It's not easy being an envious loser like rangersfan.

This is true, "They heaped additional regulation atop an already crushing regulatory burden."

There was already enough regulation. The regulators either fell asleep at the wheel or where incompetent.

ie. there is a poster on this site that was a former auditor with advanced degree that professes expertise in finance and economics that is not aware that banks buy MBS. He could not find any evidence(an auditor mind you) that banks bought MBS. He also thinks that it does not makes sense for them to do so, the "logic makes zero sense."

Additionally, there is another poster on this site that blindly follows what he says with out independent thought.

More regulation is not the answer. Competent regulators with the incentives to enforce regulations may be.

OMG. Some people never stop.

There is a poster on this site who insists that banks keep most of their mortgages on books when they clearly do not, and given that, and his inability to admit that he was plainly wrong, he tries to twist other people's words.

I do know a poster with a BA in Economics from George Washington and an advanced certificate in finance from NYU (among several advanced certificates) who used to be a bank auditor who knows a bit about how banks work, and who doesn't post 2-YEAR OLD articles extolling the virtues of banks' - which have total assets of about $13 TRILLION - having increased their holdings of MBS's by $51 billion.

In other words, nothing, because what MBS's they hold are held for sale, i.e., temporarily.

But then of course if a poster doesn't know that banks sell most of their mortgages to the secondary market, that banks don't hold material amounts of MBS's in their investment portfolio because it makes no sense for them, and has never looked at a single bank's balance sheet or actually set foot in a bank except to trade in a roll or two of quarters, that poster will likely not be familiar with any of the regulations that he claims to be "already crushing."

"Saint Stephen with a rose
in and out of the garden he goes..."

Did steve and Brooks get thrown out of the Bruce show for fighting last night?
steve was winning. He was all over Brooks.

Ut-O! A BA in Economics from GW.. well Golly! you must me so Smaaat.. -- and a certificate from NYU. WOW!! did you get a "P"? .... Well there you have it...

Must be a reason why you "used to" be a bank examiner and are not one anymore. Again, you use the word "makes no sense" when you clearly have no idea why a bank may buy a MBS. And, you probably have no idea why a bank would sell their mortgages to the secondary market. Again, If you don't understand something you should not go around acting like you do.. You are dangerous with the little knowledge you profess to have. Just like FG.. Wanna Bees... great a googling and cutting and pasting when in fits their argument, but not so good when they find something that does not..

Well let's see - GW is a top school, one of my professors was a Nobel laureate, another (advisor) a fellow at the American Enterprise Institute, and the certificate equal to an advanced degree in finance, again at a top school, and I got an A-, and I believe I took 9 courses in all including all the math that goes behind valuing standard and bespoke options.

So, sorry.

Read back, honey bunch, I said exactly why a bank would buy an MBS: to manage the duration of a bond portfolio, which is why they're held for sale, not as investments, which is the point I was making that you're trying to twist. The fact that I even knew that banks sell their mortgages to the secondary market far exceeds your meagre knowledge as you still insist that banks hold onto them, when the evidence is clear that they don't.

I am "dangerous"? For real?

Only for showing your ineptitude - it was not I who Googled and cut and pasted an article from 2010, 2+ years late, which proved absolutely nothing.

I was never a "bank examiner" - I was a managing consultant and senior audit manager with Price Waterhouse. I currently have my own business providing litigation support to the major law firms around the world. Working on a mining project from Brazil right now.

Oh yeah, add my MA from Columbia in Latin American culture to all the other degrees I mentioned (and yet more).

Sorry - you're outclassed, Young Grasshopper.

PS - rather than try to malign me (which won't work), why don't you enlighten us all and tell us what those "oppressive regulations" are that you were discussing?

VaR?

Steve you sound very insecure. Why do you feel the need to post your where you went to college and what degrees you hold to anonymous people on a web site?

Btw- those were your quotes, that made it made no sense, that it was not logical for banks to buy MBS.

Now you think it is a good idea, that it makes sense? Did you google something else that you know nothing about, duration. New concept to you, duration? Do you know what that means? Are you going to google convexity next and pretend you are an expert on that too?

Steve my friend, you are out of your league give up, you look sound foolish.

So you help lawyers? You get their coffee?

I sound insecure? This from the guy who said, "Golly! you must me so Smaaat.. -- and a certificate from NYU. WOW!! did you get a "P"? .... Well there you have it..."

HAHAHAHA!

No, I have not changed my mind about banks & MBS's, because the balance sheets bear me out. They sell most of their mortgages on the secondary market, and purchases of MBS's are merely to manage the duration (and risk - I should have said) of bond portfolios. They are held for sale.

No I don't get their coffee. I make more than most of them. Most of the time I work on international litigation support, discovery, writing pleadings, etc. What I'm working on right now will eventually go to ICSID. It's what happens when you speak a lot of languages as I do (English, Spanish, Portuguese, Italian) - they can't do their jobs without me, and they pay me a lot of money to do it.

So - rather than continuing to hate on me (which affects me not, except to give me a good laugh) - tell us what those "oppressive regulations" are that you were discussing....

huntersburg:
Have I told you lately that I love you?

"Sugar pie, honey bunch
you know that I love you..."

Backstage here at tonight's Bruce concert, there are 60 homeless kids from NYC and N.J. (not all black, but we don't hold that against them).

They are here with their birth-mothers (not all crack addicts, but we don't hold that against them).

Their foster parents are also here with them and they are all happy (but we don't hold that against them).

They will be reunited with their birth-mothers when those moms have completed their stays in rehab centers and will then be given new jobs and apartments to live in.
Funded by private donors who really care about them.(but we don't hold that against them).

They would have all been here during the first two shows this past week but it was on school-nights.

Steve, I don't hate you. You picked this fight with me as I recall.

No - you said that banks keep most of their mortgages on their books and I said that that was not true. That set you off, and you picked the fight and twisted what I said, and accused me of being ignorant and Googling things that you claimed I didn't know.

Also, FYI, beyond an MA from Columbia, BA from GW, advanced certification in finance from NYU, I have a paralegal certification from Duke University that I use as a marketing tool to get litigation support work with the top law firms around the world(though I've never worked as a paralegal, and never will). I have a few more certifications, too, from Columbia and the University of Miami, among others, so you can accuse me of a lot of things, but stupidity isn't one of them.

I'm waiting to hear what those "oppressive regulations" are, given that I worked at a highly regulated bank (the old Bank of America) and currently do a lot of work with deregulated banks, so I'm curious to think what you consider "oppressive" to be.

Steve you are exhausting me

How about ignorance then

All of this because in what I do I specialize in finance, banking, audit, law, fraud investigations, money laundering, etc., doing a lot of work on conversions to IFRS from local accounting standards, tax matters, but mostly criminal, civil litigation and international arbitration.

I know a lot of stuff and have more qualifications and experience than just about anybody. I don't know everything and don't claim to, but I'm secure enough to know when I'm wrong and to admit it.

Some people aren't, though.

Therefore, what are those regulations you were talking about...?

Lol. That is so hard for me to believe,

HAHAHAHAHAH.. You know everything.. sooo funny "All of this because in what I do I specialize in finance, banking, audit, law, fraud investigations, money laundering....

"I know a lot of stuff and have more qualifications and experience than just about anybody. I don't know everything and don't claim to, but I'm secure enough to know when I'm wrong and to admit it."

DID YOU SAY THIS?

"I have seen no evidence that banks are buying Agency MBS's, because they have no incentive to. Moreover, the logic makes ZERO sense (as usual): Agency MBS's have as underlying assets agency-qualified (guaranteeable) mortgages. Therefore, it is impossible for them to buy agency MBS's because there are not enough qualified buyers, because agency MBS's are comprised of qualified buyers"

YOU have zero credibility... YOU ARE A JOKE!!!
MORE REGULATIONS because GUYS LIKE YOU CANT FIGURE IT OUT!!!!!!

but say they can.. and WONT ADMOT IT WHEN THEY ARE WRONG.. SO REGULATE MORE,,,,,, YOU ARE A JOKE!!!

These teenaged kids are provided with the best private medical care and whatever therapy they need.
Their college educations will also be paid for by the private donors who really care about them.
They also get music lessons and art courses.

Speaking of something "that is so hard to believe":
A teenage boy who has been diagnosed with PTSD, so bad he can hardly focus, is taking classes in martial arts?!

That's a big bubble of BS.

Aren't you privileged, hb?

You're pathetic and sick, truth. There was never a chance he'd be reunited with his birth mother. Legal aid and Acs had already filed the abuse case before I met the kid. Caseworkers have described her as one of the worst mothers they have ever encountered. But, of course, you being mentally unhinged you take the side of the mentally unhinged.

I'm so ashamed of myself for supporting and loving a kid who has had virtually no love nor support.

SKANK

Really "truth"? Sounds like some more delusional stories that you'd like to be true.

Fuck off bitch.

This thread gives me a headache.

Truth, thank you for the little diddy and good wishes. I know you and AR don't get a long. And certainly once in a blue moon or so I can get into a light tussle with a fellow SE poster. But maybe AR's help of a kid might be an area that you move much lower down on the list of criticisms?

is it a diddy or ditty?

Actually I think criticizm should be the correct spelling of that word.

Yes, than just about anybody "in my profession," I should have said, and I stand by it, restated thus.

"I have seen no evidence that banks are buying Agency MBS's, because they have no incentive to."

I stand by it - your $51 billion in MBS's held for trading in a bond portfolio in an industry that has $13 TRILLION in assets, is immaterial.

"Moreover, the logic makes ZERO sense (as usual): Agency MBS's have as underlying assets agency-qualified (guaranteeable) mortgages. Therefore, it is impossible for them to buy agency MBS's because there are not enough qualified buyers, because agency MBS's are comprised of qualified buyers""

And that was a direct answer to your illogical assertion that banks are buying MBS's because they can't find enough qualified buyers to make mortgages to. If MBS's are comprised of loans made to qualified buyers (which they are), then it would be impossible for banks to buy MBS because they can't find qualified buyers.

Impossible.

And - also unlike you said - banks do not keep most of the mortgages they make on their books.

So - that stated and clarified, what are those excessive regulations...?

And what are your qualifications to classify them as excessive?

And be it as it may that you find it hard to believe, it's what I do for a living, and why I have the qualifications that I have.

You should read this:

http://psychcentral.com/lib/2007/15-common-defense-mechanisms/all/1/

Focus on #1 through #7.

And then get back to us about what those excessive regulations are.

0oh, aboutready is cursing, as usual when she's melting down.
Giving details about "the homeless black kid" she "adopted" and his abusive birth-mother:
"the worst"...
Without aboutready, the ACS just allowed the "black kid" to be "homeless" on the streets.

aboutready, mentally unhinged as usual; drunken yammering on.
"Caseworkers,..."

We have the best, most respected child shrinks right here tonight.
They read your comments and if any of what you have posted is true--that "homeless black kid" would have been provided quality care by a foster parent who's not an alkie, posting the details of his life on a real estate discussion board.

huntersburg asked only how your week was and you started again with the run-down about the kid.

Drunken cursing, alkie abusive comments as per the usual aboutready BS.
Unhinged doesn't begin to describe you, alkieaboutready.
So just continue cursing and ranting.

The concert is starting. The kids here with their birth-mothers and foster parents are having a good time.

You are home posting drunken comments on streeteasy.
OYE, ma-MEE!

That "homeless black kid" can be reunited with his birth-mother when he turns 18 and she has undergone rehab.
Has she been arrested? Is she serving time in prison?
Another aboutready drunken tale.

So continue cursing, ranting into cyberspace.
It's time for Bruce.
aboutready is home alone on another Saturday night, cursing and posting drunken comments on se.
She's Mother-of-the-Year!

The description of this black kid is younger than a teenager!

You two are sick. really truly sick. pathetic.

why don't you go there again "truth"? you skanky bitch.

ACS would have provided quality foster care? are you out of your f'ng mind? you think that all kids are served well by the system? go fuck yourself and your stupidity. who cares if i'm providing info on an anonymous board? do you think you're going to meet him and recognize his situation, bitch?

My kid is being seen at one of the best facilities in the country.

And this alkie stuff is just stupid. If anyone seems to be drunk while posting it's you.

Oh, and you're home alone on another Saturday night posting stupid shit. You have zero perspective and self-awareness. But that's OK, you're ill.

that is actually f'ng hilarious. but sad. i like how you always have the "best" of whatever you need handy when you write. really? you have the best child psychiatrists on hand? give me a f'ng break. you are such a fake. and it's sad that you need to be so.

oh, and by the way, have i told you recently that i think you're a nasty, vile, self-centered bitch? who can leave a voice mail full of vile invective like nobody else thus encountered? just saying.

I never called you, you pig.

LizYank was ordered to report to you about her life: both personal and business clients.
You forced her to report her voice-mail messages to you.
The truth about you and your control of her wasn't vile, merely true.
That's why she was and still is unemployed.

I'm at the Bruce concert, along with many professional shrinks who are reading your drunken comments.
They are right here, that's the point of the kids and their foster parents being invited here, along with their birth- mothers.
To help the kids -- not to turn them against their birth-mothers.

The kids are loving the concert. I'm going out to the VIP seats.

You are at home, on yet another Saturday night, posting drunken comments on se.

Who cares what you are "just saying"? Drunken slob that you are.

Bruuuce!

steve, did u really get a degree from columbia? sounds like most of your knowledge came from google

again, you still don't know how much MBS are floating out there, you just simply don't get it

now i doubt you didn't even finish GWU

Steve, I'll have my coffee black and strong, now hurry up before my clients arrive.

Lol ,.. Your " profession" that's a good one. Lol

How's my times can a paralegal restate things? Oh, that's right that's why we have lawyers. Steve were is the coffee!!

Oh, Brooksie, Brooksie, Brooksie. I told you - hating doesn't bother me.

What are those excessive regulations?

And yes, alter-ego chaos: I do have an MA from Columbia.

hey brooksie, I used to be a paralegal. although steve is not.

the job had its miseries, but I never once during those 10 long years got anyone a cup of coffee.

i really haven't even read most of this thread, another failed effort by the Fed is of little interest to me. but i have to say that caonima referring to anyone's level of knowledge or intellectual acumen seems a bit rich to me.

I only have one sign on. HB thinks I have several. Al_assad, Str33teasier, caonima are a few he accuses me of being. I even think at one time he accused me of being Ar and wbottom.. too funny.. Sorry AR I did not suggest that a paralegals get coffee, only that Steve does..

I do get coffee, Brooksie, but only for myself as I work from home, and I don't own a Mr. Coffee. But again, hating on me does nothing - I'm well qualified to do my job, which is why I make so much money doing it.

But that's neither here nor there. Stick to the facts: what are those excessive, oppressive regulations that you are talking about? Illuminate us.

Wow, caonima, right there to support Brooks2. Good for you two to get along so well!

> I even think at one time he accused me of being Ar

No, ph41 reached that conclusion.

>and wbottom.. too funny..

Yes, I later disavowed that.

>Al_assad, Str33teasier, caonima are a few he accuses me of being.

So, I'm 2 out of 3? What happened to str33teasier lately?

Last night the Bruce show ended at 1:55am,after a late start because of rain delay.
The audience sang Happy Birthday to Bruce at midnight and his mother was onstage for Twist and Shout.

steve and Brooks are still going at it.

"Fortune comes a-crawling,Calliope woman
Spinning that curious sense of your own
Can you answer? Yes I can.
But what would be the answer to the answer man?"

clam

I said it would be best to ignore each other. She disagreed.

truth, envious of you??? since steve is on this thread..HAHAHAHAHAHAHA. oooooh, i am off to see bruce. oooooh, going to the hamptons with my friends to frolic on the beach. oooooh, i have written dittys recited by the millions. oooooooh, dinner party again tonight *sigh*. Ooooooooh, just screaming for attention....plz, plz teacher pick me, pick meeeeeee. i am popular, beautiful and smart too, yes i am!!! BORING!!!!

now please go back into your sad little buble. tumbleweeds no more i say.

OOooops, *bubble*. wouldn't want you to go all pyscho for typos.

carry on.

rangersfan thinks I'm trying to impress him.
I don't have a facebook page, I don't tweet.
lol at rangersfan who thinks he is so important to me.