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December 11, 2012
Going to Market: When I have to call the bottom tier buyers:

Credit: M/IB/Chicago

October 29, 2012
When I explained to one of my clients, a VP in Asset Management, that the NYSE was closed today and likely would be closed tomorrow:

My reaction:

His Reaction:

 


Realizing the guy sounded like he needed immediate liquidity:
 

Credit: M/ Sell Side Research/ SF

Another day of fuckery in West Coast finance! 

August 2, 2012
Knight Capital’s stock today

Credit: F/LA/IBD

(Down 62.82% !!!)