Saturday, October 17, 2009
Cold
Naked, starving in the rain was my brother Baby.
Fourteen kids all out in a barn, Why did I do this?
looked away for one moment, now I deal the loss.
Slowly stripping for me, she's as fine as she can be.
Extacy once was a drug but today no more for me.
Saddened by confusion and awakened is what must be.
Frozen in coils is nothing but what has to be.
Writing of highways is bullshit, highway far behind me.
Truth be frontways, long and narrow.
Something dies every moment it seems, we cry and then we try.
Aloneness and freedom is all I seek...............................................
An end to all the game, fortunate for what I've had.
Better than what I seeked.
misspelled five words in this, shows I didn't care.
I guess now I'm done for now, shows that I stillll don't care!
There is no cure for stupidity & an idiots realm goes on and on forever...
Red sky's at night
Saved by zero
1/2 of reality is the insanity, other half is lookin at it.................................
Friday, October 16, 2009
Suck my ass Bitch!
Billionaire among 6 nabbed in inside trading case
Wall Street wake-up call: Hedge fund boss, 5 others charged in $25M-plus insider trading case
- By Larry Neumeister and Candice Choi, Associated Press Writers
- On 7:35 pm EDT, Friday October 16, 2009
NEW YORK (AP) -- One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that authorities say generated more than $25 million in illegal profits and was a wake-up call for Wall Street.
AP - Raj Rajaratnam, billionaire founder of the Galleon Group, a major hedge fund, is led in handcuffs from FBI ...
Raj Rajaratnam, a portfolio manager for Galleon Group, a hedge fund with up to $7 billion in assets under management, was accused of conspiring with others to use insider information to trade securities in several publicly traded companies, including Google Inc.
U.S. Magistrate Judge Douglas F. Eaton set bail at $100 million to be secured by $20 million in collateral despite a request by prosecutors to deny bail. He also ordered Rajaratnam, who has both U.S. and Sri Lankan citizenship, to stay within 110 miles of New York City.
U.S. Attorney Preet Bharara told a news conference it was the largest hedge fund case ever prosecuted and marked the first use of court-authorized wiretaps to capture conversations by suspects in an insider trading case.
He said the case should cause financial professionals considering insider trades in the future to wonder whether law enforcement is listening.
"Greed is not good," Bharara said. "This case should be a wake-up call for Wall Street."
Joseph Demarest Jr., the head of the New York FBI office, said it was clear that "the $20 million in illicit profits come at the expense of the average public investor."
The Securities and Exchange Commission, which brought separate civil charges, said the scheme generated more than $25 million in illegal profits.
Robert Khuzami, director of enforcement at the SEC, said the charges show Rajaratnam's "secret of success was not genius trading strategies."
"He is not the master of the universe. He is a master of the Rolodex," Khuzami said.
Galleon Group LLP said in a statement it was shocked to learn of Rajaratnam's arrest at his apartment. "We had no knowledge of the investigation before it was made public and we intend to cooperate fully with the relevant authorities," the statement said.
The firm added that Galleon "continues to operate and is highly liquid."
Rajaratnam, 52, was ranked No. 559 by Forbes magazine this year among the world's wealthiest billionaires, with a $1.3 billion net worth.
According to the Federal Election Commission, he is a generous contributor to Democratic candidates and causes. The FEC said he made over $87,000 in contributions to President Barack Obama's campaign, the Democratic National Committee and various campaigns on behalf of Hillary Rodham Clinton, U.S. Sen. Charles Schumer and New Jersey U.S. Sen. Robert Menendez in the past five years. The Center for Responsive Politics, a watchdog group, said he has given a total of $118,000 since 2004 -- all but one contribution, for $5,000, to Democrats.
The Associated Press has learned that even before his arrest, Rajaratnam was under scrutiny for helping bankroll Sri Lankan militants notorious for suicide bombings.
Papers filed in U.S. District Court in Brooklyn allege that Rajaratnam worked closely with a phony charity that channeled funds to the Tamil Tiger terrorist organization. Those papers refer to him only as "Individual B." But U.S. law enforcement and government officials familiar with the case have confirmed that the individual is Rajaratnam.
At an initial court appearance in U.S. District Court in Manhattan, Assistant U.S. Attorney Josh Klein sought detention for Rajaratnam, saying there was "a grave concern about flight risk" given Rajaratnam's wealth and his frequent travels around the world.
His lawyer, Jim Walden, called his client a "citizen of the world," who has made more than $20 million in charitable donations in the last five years and had risen from humble beginnings in the finance profession to oversee hedge funds responsible for nearly $8 billion.
Walden promised "there's a lot more to this case" and his client was ready to prepare for it from home. Rajaratnam lives in a $10 million condominium with his wife of 20 years, their three children and two elderly parents. Walden noted that many of his employees were in court ready to sign a bail package on his behalf.
Rajaratnam -- born in Sri Lanka and a graduate of University of Pennsylvania's Wharton School of Business -- has been described as a savvy manager of billions of dollars in technology and health care hedge funds at Galleon, which he started in 1996. The firm is based in New York City with offices in California, China, Taiwan and India. He lives in New York.
According to a criminal complaint filed in U.S. District Court in Manhattan, Rajaratnam obtained insider information and then caused the Galleon Technology Funds to execute trades that earned a profit of more than $12.7 million between January 2006 and July 2007. Other schemes garnered millions more and continued into this year, authorities said.
Bharara said the defendants benefited from tips about the earnings, earnings guidance and acquisition plans of various companies. Sometimes, those who provided tips received financial benefits and sometimes they just traded tips for more inside information, he added.
The timing of the arrests might be explained by a footnote in the complaint against Rajaratnam. In it, an FBI agent said he had learned that Rajaratnam had been warned to be careful and that Rajaratnam, in response, had said that a former employee of the Galleon Group was likely to be wearing a "wire."
The agent said he learned from federal authorities that Rajaratnam had a ticket to fly from Kennedy International Airport to London on Friday and to return to New York from Geneva, Switzerland next Thursday.
Also charged in the scheme are Rajiv Goel, 51, of Los Altos, Calif., a director of strategic investments at Intel Capital, the investment arm of Intel Corp., Anil Kumar, 51, of Santa Clara, Calif., a director at McKinsey & Co. Inc., a global management consulting firm, and Robert Moffat, 53, of Ridgefield, Conn., senior vice president and group executive at International Business Machines Corp.'s Systems and Technology Group.
The others charged in the case were identified as Danielle Chiesi, 43, of New York City, and Mark Kurland, 60, also of New York City.
According to court papers, Chiesi worked for New Castle, the equity hedge fund group of Bear Stearns Asset Management Inc. that had assets worth about $1 billion under management. Kurland is a top executive at New Castle.
Kumar's lawyer, Isabelle Kirshner, said of her client: "He's distraught." He was freed on $5 million bail, secured in part by his $2.5 million California home.
Kerry Lawrence, an attorney representing Moffat, said: "He's shocked by the charges."
Bail for Kurland was set at $3 million while bail for Moffat and Chiesi was set at $2 million each. Lawyers for Moffat and Chiesi said their clients will plead not guilty. The law firm representing Kurland did not immediately return a phone call for comment.
A message left at Goel's residence was not immediately returned. He was released on bail after an appearance in California.
A criminal complaint filed in the case shows that an unidentified person involved in the insider trading scheme began cooperating and authorities obtained wiretaps of conversations between the defendants.
In one conversation about a pending deal that was described in a criminal complaint, Chiesi is quoted as saying: "I'm dead if this leaks. I really am. ... and my career is over. I'll be like Martha (expletive) Stewart."
Stewart, the homemaking maven, was convicted in 2004 of lying to the government about the sale of her shares in a friend's company whose stock plummeted after a negative public announcement. She served five months in prison and five months of home confinement.
Prosecutors charged those arrested Friday with conspiracy and securities fraud.
A separate criminal complaint in the case said Chiesi and Moffat conspired to engage in insider trading in the securities of International Business Machines Corp.
According to another criminal complaint in the case, Chiesi and Rajaratnam were heard on a government wiretap of a Sept. 26, 2008, phone conversation discussing whether Chiesi's friend Moffat should move from IBM to a different technology company to aid the scheme.
"Put him in some company where we can trade well," Rajaratnam was quoted in the court papers as saying.
The complaint said Chiesi replied: "I know, I know. I'm thinking that too. Or just keep him at IBM, you know, because this guy is giving me more information. ... I'd like to keep him at IBM right now because that's a very powerful place for him. For us, too."
According to the court papers, Rajaratnam replied: "Only if he becomes CEO." And Chiesi was quoted as replying: "Well, not really. I mean, come on. ... you know, we nailed it."
The criminal complaints in the case also captured what authorities said were efforts by the defendants to hide their conversations from authorities.
In one conversation, Chiesi was heard telling Rajaratnam that she was "glad that we talk on a secure line, I appreciate that," to which Rajaratnam replied: "I never call you on my cell phone," the complaint said. It added that Chiesi said she was "nervous" about being investigated.
Associated Press Writers Tom Hays in Riverside, Calif., and Beth Fouhy in New York contributed to this story.
Some people need to die!
Black Sabbath
Track 1, Warning, download it [here], listen to below...
Track 2, Behind the wall of sleep, Download [here] or hear it below...
Track 3, Black Sabbath, download it [here] or listen to it below...
Track 4, Evil Woman, download to it [here], or listen to it below...
Track 5, N.I.B., download it [here] or listen to it below...
Track 6, Sleeping Village, download it [here] or listen below...
Track 7, The Wizard, download it [here] or listen below...
Bankers are ass-whipes and assholes!
I agree with that!
A celebrated Goldman Sachs partner, Gus Levy, coined the maxim that long defined the bank, the savviest and most influential firm on Wall Street: “Greedy, but long-term greedy.”
But these days that old dictum is being truncated to just “greedy” by some Goldman critics. While many ordinary Americans are still waiting for an economic recovery, Goldman and its employees are enjoying one of the richest periods in the bank’s 140-year history.
Goldman executives are perplexed by the resentment directed at their bank and contend the criticism is unjustified. But they find themselves in the uncomfortable position of defending Goldman’s blowout profits and the outsize paydays that are the hallmark of its success.
For Goldman employees, it is almost as if the financial crisis never happened. Only months after paying back billions of taxpayer dollars, Goldman Sachs is on pace to pay annual bonuses that will rival the record payouts that it made in 2007, at the height of the bubble. In the last nine months, the bank set aside about $16.7 billion for compensation — on track to pay each of its 31,700 employees close to $700,000 this year. Top producers are expecting multimillion-dollar paydays.
The latest tally came Thursday, when Goldman reported another set of robust results. But its strong financial showing — a profit of $3.19 billion in the third quarter — was overshadowed by Goldman’s swelling bonus pool. Goldman set aside nearly half of its revenue to reward its employees, a common practice on Wall Street, even in this post-bailout era.
But despite Goldman’s success or, perhaps, because of it, the bank has come to symbolize for many a return to wanton Wall Street excess. Even in 2008, the most tumultuous year in modern Wall Street history, Goldman employees reaped rewards that most people can only dream about. Goldman paid out $4.82 billion in bonuses last year, awarding 953 employees at least $1 million each and 78 executives $5 million or more. The rewards for 2009 will be far greater.
Goldman executives know they have a public opinion problem, and they are trying to figure out what to do about it — as long as it does not involve actually cutting pay.
Lloyd C. Blankfein, Goldman’s chairman and chief executive, finds himself in the unusual position of defending a successful company in a nation that normally celebrates success.
Goldman said Thursday that it would donate $200 million to its charitable foundation (that figure represents 6 percent of its third-quarter profit, or about six days of earnings).
Rumors are swirling on Wall Street that Goldman might donate even more money to charity, perhaps as much as $1 billion, in an effort to defuse public resentment directed at the bank. Mr. Blankfein has even urged his free-spending bankers to be mindful of conspicuous consumption.
Goldman is also weighing changes to some of its compensation practices. Its executives receive a significant portion of their total compensation in stock. But like other banks, it is considering increasing that portion for all employees, giving deferred payments and introducing provisions that would enable the bank to claw back bonuses if trades go wrong.
Mr. Blankfein laid out such ideas in a speech in Germany last month that drew wide attention on Wall Street.
Despite the news of Goldman’s strong quarter, David A. Viniar, the chief financial officer, was on the defensive Thursday. Talk of bonuses, and whether they were justified, dominated what in another era might have been a celebratory call with the media.
“We are very focused on what is going on in the world,” Mr. Viniar replied to a barrage of questions about whether the bank should pay outsize bonuses in these hard economic times. “We are focused on the economic climate. We are focused on what is going on with other people.”
But he said Goldman had a duty to its employees and to retain staff. By paying big bonuses, he said, the bank was trying to make a difficult trade-off between “being fair to our people who have done a remarkable job” and “what’s going on in the world.”
Goldman, Mr. Viniar said, was being unfairly singled out over its bonus culture. “Yes, I think that is too big a focus,” he said. “I would prefer people to be focused on the success of our business, how well we’re doing, and how well our people are performing.”
Still, some outsiders wonder if Goldman, which is so adept at reading the markets, is misreading public opinion, and whether the gilded Goldman name will be tarnished by this episode.
Goldman is no different from most Wall Street firms: it rewards bankers and traders who make lots of money.
“They do it because they can,” Michael Useem, professor of management at the Wharton School at the University of Pennsylvania, said of the bonuses. “But strategic thinking requires that you think not only about trading but also about reputation and where the bank stands in the court of public opinion.”
This much is indisputable: Goldman Sachs is minting money. Its third-quarter profits were powered in large part by aggressive trading in the fixed income and equity markets.
Its earnings were also bolstered by mark-ups in its own private equity stakes and other corporate investments, which have risen as markets have rallied this year. Its earnings from investment banking were down from the second quarter, it said, because of the seasonally weak summer months and because the second quarter had been enhanced by underwriting business as other banks had rushed to raise capital.
While Goldman has been a vocal proponent of reforming pay practices, the bank has not yet shown its hand and will only describe any major changes in its compensation structure when it announces final bonuses at the end of this year. Meanwhile, other banks, like Morgan Stanley, have moved ahead in reform, by introducing three-year clawback provisions, for example.
Brian Foley, a compensation consultant in White Plains, said of the possible reforms like delayed payments and clawback provisions: “I definitely think they ought to be doing it, and I assume they will be doing it. They have got to arrange the chairs on the deck so things look different.”
I'm ashamed and I write shit.
What the FUCK is a lie & why should we care?
What can an honest man or woman feel or do under these influences? Most would just go with the tide and lie too. Some would become confused and amazed that lies are part of the branch, when we know it's wrong. Still it is amazing that everyone we know lies like shit.
Words are our gift but also our end. It is said about poison "It is not what goes into your mouth that can kill you but what comes out of it" That was from Jesus Christ.
My point is not that, but here is my point....
Reality God created, right? Who the fuck are you to measure My God out and create another reality above his?
Honesty is truth, right? Who in hell told you to re-create truth? Why? What reason do you have not to trust truth anyway?
I know people have power issues but fighting reality will never score and it's kinda FUKKIN STUPPID!
Thursday, October 15, 2009
John Martyn - Spencer The Rover
Sometimes it's about the sound, sometimes it's not!
Wednesday, October 14, 2009
Today:
in just one moment of today.
I haven't died in just a week.
One moment held to blame.
Strange currencies strangest form of current
that I'm to bear.
Naked influencee's, continuity and time to share.
Walking down paths I know no-one.
Nobody notices me.
Yet everyone remembers me or the me they see.
Like fluids in the air.
Don't nothing quench the thirst I seek,
no matter, no time to care.
Impotence is majority,
self serving is in the air.
Breath and breasts have served me well,
walking lonely has served me more but what is is is as well.
Fortunes are design of common folk.
Desires are all the same.
Distraction is real definition.
repent is overwhelmed.
An ox needs feet to carry him,
a swan needs wings and form.
I need nothing, I'm immune I think,
still I somehow carry on
If words are just confusions and a pint be just two cup
then share with me with honesty
or take your cups & go on....
Three Queens, this is so beautiful!
Linda Rondstadt doesn't even know it but I was in love with her for a long time....
Linda Ronstadt - First Cut is the Deepest
Tracks of my tears:
Best for last again, Long Long Time...
Dusty Springfield - Son Of A Preacher Man
Shorter version and earlier one...
Tuesday, October 13, 2009
Rolling stones, 1968, Street fighting man, dead-shot
Monday, October 12, 2009
Advice from Funk...
For advice you can email me at FunkingDave@gmail.com. Please keep in mind I'm not very bright and my life is probably more messed up than yers before deciding to take my advice.
These are my most recent requests...
Dear Funk,
I am a beautiful Canadian woman. We have chatted before, you might remember my name as (name removed for privacy concerns). I'm writing because I have concerns. All I can do is think of you. I dream about you every night at least three times. I can't go a moment without fantasizing about you. I even dumped Biff because he was getting in the way of me dreaming about you.
My question Funk is "Is this really-really screwed up? Can you help me please?"
Dear Beautiful Canadian Woman,
I understand your urges and they are quite normal. Biff was a wimp and it's good that you dumped him. Your urges are not that uncommon, as a matter of fact I get these questions asked to me by six to eight other wimmins every day and my answer is always the same. It's ok to love the Funk Hon because The Funk loves You too Babe.
Take off yer dress and get all sexy and call me, we can talk this out.
Next one wasn't really a question but I answered it anyway...
Hey Funk!
I'm dumpin yer fat lazy ass. I can't stand you anymore and I know you talk to other girls online and watch lesbian porn films. You are a jerk and you know it!
I met a new man, a real man named Biff and he's tough and he spends almost all day in the shower naked with other real men (except when he's on the feild playing football), and he wears tights, bright blue tights with sexy yellow stripes up the sides of them and he burps and calls me his "Buddy". You never gave me any emotion, you never wore tights for me. You are not a man, Yer a funkin piece of (censored) & I hope you cry all day over this.
Dear Dumpin,
You go Hon. I could never offer anything close to that for you.
I'm sorry and unless I forget to I'll miss you a real big lot.
Third one & last for today...
Dear Funk,
I'm a bow legged hot bisexual redheaded lesbian nurse with freckles and 44-DD's and my girlfriends are French Maids that wear miniskirts with high heels and go bra-less. We all want you so bad but we know we can't afford you because we live in France, Russia and Germany, oh and Binkie lives in Sweden.
What should we do? Should we split up and come each one at a time to be with you or should we all get second jobs and save up to be with you together?
Dear Bow & Bi
Hon I could never live with myself if I split you lovely ladies up. Your relationship is far to important to jeopardize for just one night each with me. I think you should get second jobs and sell your cars and most of your clothes and come out together and spend at least a month with me.