It's definitely for real. I'm not sure which firm, though, although someone else might know. That guy was literally throwing things at the guy that snapped for like a week, and not just that day, before the guy finally snapped. It's for real because that trading desk was always monitored by a camera for some regulatory reason. Someone on another forum said it was a specialty floor at Merrill, but I have no idea. The best part is that guy is literally using the one guy's keyboard as a blunt object. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/twRp_c93X-Y&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&feature=player_embedded&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/twRp_c93X-Y&color1=0xb1b1b1&color2=0xcfcfcf&hl=en&feature=player_embedded&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>
Today from JM's Minyanville collumn: Greetings from New York, where Iâm taking a long-planned staycation... 2. Donât âbuy and holdâ and get uninvested to the point where you rediscover your sense of peace regarding their financial positioning. At that point, letâs begin the rebellion against the pure lunacy and flat-out illegal manner in which this administration takes control of companies who long-ago earned the right to be euthanized. All apologies to those offended by the absurd (and endless) bailout of General Motors (GM). If youâre delighted to pay for the better part of Detroit, I really canât speak for or to you. You likely think Iâm crazy, and I doubt you understand whatâs unfolding before your very eyes. If youâre actually in favor of leapfrogging socialism straight into totalitarianism, letâs just agree not to talk to one another at all. Regardless, I havenât been âkicked offâ or âput on probationâ from Fast Money. I plan on being there next Monday. Thatâs simply all I have to say on the matter. ...Does that mean Iâm suggesting Iâm omniscient? No more than it means Iâm on drugs. (Iâm neither of those things). ... Is there a "Betty Ford" Center in NYC?
ha. ha. that was very witty. i love guys like you with no imagination. always so funny. do you suck your wife's cock with that mouth? sweetheart. xo.
for a guy with 6683 posts here, seems like you're not too busy since WTC4 came down 8 years ago. you're a dinosaur now. maybe you should consider a new direction, instead of wasting time criticising guys who have the balls to step up and say what they think and do what they want, sane, insane, or otherwise. i'm not starting a money management firm. i'll leave that drudgery for the accountants and know-nothing financial advisors out there churning their commissions selling mutual funds and life insurance. i'm here to find a new space between retail and prop and what hedge funds were supposed to be, because none of those systems work in terms of managing risk and liquidity in increasingly volatile computerised markets. and i need to ask a lot of stupid questions to find out what's really going on before i can assess what the smart course of action is. i spent ten years in silicon valley swimming among sharks worse than anyone i've ever met on wall street, not like anyone on here is going to scare me off from doing what i want. hopefully there are a few traders out there thinking the same thing who are intelligent enough to realise guys like macke might be worth listening to given how fucking incompetent the establishment seems to be, and take my hyperbole at face value when i say, lighten the fuck up. it's just a game, after all. it's not like anyone really wins or loses in a zero-sum life.
I've don't even know who Macke is but fark that was hilarious! The other video where the trader loses it is a classic, funniest thing is how the guy throwing the paper has that deer in the headlight stare as the guy is climbing over the desk
An interesting lengthy and defensive response by you. Looks like I touched a nerve. But let's face it, the JOKE is on you thinking that ET is the place to find out what "space" exists between prop and retail when I seriously doubt that 85% of the posters on this website actually trade for a living. No one cares that you spent 10 years in Silicon Valley or what you think of hedge-funds or prop firms. Why? Because no one on ET really trades for a living or scalps the market. Most of those guys are long gone and have stopped posting years ago. This might be news to you, but ET has progressively become a playground for a bunch of college "wanna-bee trader" kids over the years. By the way, you also could use a basic course in English grammar. The words criticising, computerised, and realise do not have the letter "s" in them, as you have written. Is English an ESL for you? Welcome to America.
it's the king's english. i'm canadian, dumb arse. you couldn't intimidate me with a gun in my face. trust me on that. i'm not on this site to entertain you, or recruit traders, dork. it's to entertain me. but if it's just college kids wanting to be traders, then i'm right where i should be, right where i knew i should be based on what i am working on. the old guard is dead in the water. it's time for a change.
It's official he's done for good. probably too stupid to shut up when they gave him a second chance. http://dealbreaker.com/2009/06/jeff-macke-officially-done-on.php