A simple distinction from “The Economics of Contempt”

In general, when I talk about “Wall Street,” I’m referring to the major dealer banks (both domestic and foreign) and the two big custodian banks. Specifically, I’m referring to the following institutions:

1. Goldman Sachs

2. Morgan Stanley

3. JPMorgan

4. Deutsche Bank

5. Barclays

6. BofA-Merrill Lynch

7. UBS

8. Citigroup

9. Credit Suisse

10. SocGen

11. BNP Paribas

12. RBS

13. Wells Fargo/Wachovia Securities

14. Nomura

15. HSBC

16. BNY-Mellon

17. State Street

[...]

When you hear people in the industry say things like, “the Street is short 2YR swaps,” they’re generally talking about these institutions. They’re not talking about hedge funds, or PIMCO, or boutique firms that have offices in lower Manhattan. It’s really just a relatively small group of major dealer banks.

via Economics of Contempt: Defining “Wall Street”.

“We’ll ask exclusive guest this morning, Arizona Senator, Republican… John McCain”. – David Gregory’s lead in to hosting McCain on Meet the Press this morning. How can having McCain as guest be considered exclusive when he is on the damn Sunday morning shows every week?

Full episode embed after the jump.
Read the rest of this entry…

The AC Transit Fight mashed up with classic video games.

Epic Beard Man’s Punchout

AC Transit Kombat

Epic Street Fighter 4

Epic Beard Man Pokemon