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Corzine Testimony Christmas Carol

Jon Corzine’s testimony could have been sung as a Christmas Carol:

(Sung to “God rest ye merry gentlemen”)
I guess you clever gentlemen
Are wondering what I’ll say.
Will I cite the 5th amendment
Or did I come to play?
Well I will tell you everything
On this December day.

You see, I don’t remember anything
Remember a thing
I just don’t seem to remember anything

Now clients gave us money
to invest in stocks and bonds
And some of it bought the services
of teenage Russian blonds
But that stuffs kinda normal
and isn’t really wrong

You see, I don’t remember anything
Remember a thing
I just don’t seem to remember anything

Hypothecated leverage
Are words that I don’t know
Even though at Goldman
It floated our IPO
But now its all so hard for me
as the MF CEO


This Week Will Tell If The Bear is Really Coming Out of Hibernation

 
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes. I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.

You see, I don’t remember anything
Remember a thing
I just don’t seem to remember anything

So you see that I’m not guilty
That’s what I represent
Doing stuff illegally
Was never my intent
I simply meant to tweak the law
So suckers would get bent

You see, I don’t remember a thing
Remember a thing
I just don’t seem to remember anything

For more on Corzine see  Mr. Parasite Goes To Washington

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