Who is Antonio Weiss?

ginwilly

ginwilly

Well-Known Member
The revolving door between wall street and our treasury department is nothing new, but they stopped pretending now there is a distinction anymore. It's definitely out there in the open, they are just counting on the apathy of voters. I'd say they were safe.

Anyone here going to complain about appointees of this admin team that voted for it? Not likely.
 
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schuylaar

Well-Known Member
ginwilly said:
The revolving door between wall street and our treasury department is nothing new, but they stopped pretending now there is a distinction anymore. It's definitely out there in the open, they are just counting on the apathy of voters. I'd say they were safe.

Anyone here going to complain about appointees of this admin team that voted for it? Not likely.
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i disagree with the white house on this.

and i've been complaining..you must be in an alternate universe of RIU political.
 
ginwilly

ginwilly

Well-Known Member
schuylaar said:
i disagree with the white house on this.

and i've been complaining..you must be in an alternate universe of RIU political.
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Hadn't seen you complain of anything this admin has done but I admit I haven't been looking for it.

I'm glad you are, we need more of you guys to help stop this, then when you guys aren't in charge, we need more of those guys to help stop this.

I don't think it ever will though. Just as I don't think we'll see a SCOTUS appointee who wasn't Ivy league even though schools like Michigan and Virginia have just as good and sometimes better programs.

Treasury appointees need to know what they are doing. Wall Street is the highly visible arena where those people exist. It's a shame.
 
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schuylaar

Well-Known Member
ginwilly said:
Hadn't seen you complain of anything this admin has done but I admit I haven't been looking for it.

I'm glad you are, we need more of you guys to help stop this, then when you guys aren't in charge, we need more of those guys to help stop this.

I don't think it ever will though. Just as I don't think we'll see a SCOTUS appointee who wasn't Ivy league even though schools like Michigan and Virginia have just as good and sometimes better programs.

Treasury appointees need to know what they are doing. Wall Street is the highly visible arena where those people exist. It's a shame.
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then perhaps you should start reading the thread from the beginning before you comment.
 
ginwilly

ginwilly

Well-Known Member
schuylaar said:
then perhaps you should start reading the thread from the beginning before you comment.
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que?

I see a Leo DiCaprio gif.. is that what I missed? Was it the post where you talked about his face?

I can read the thread from the beginning easy enough, it's one page.
LOL!

You and I are the only ones in this thread.
 
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schuylaar

Well-Known Member
ginwilly said:
que?

I see a Leo DiCaprio gif.. is that what I missed? Was it the post where you talked about his face?

I can read the thread from the beginning easy enough, it's one page.
LOL!

You and I are the only ones in this thread.
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*threads
 
N

NoDrama

Well-Known Member
heckler73 said:
Other than the new "Wall St. Selector" ?
Looks like the crooks never left the vault...They paid him $20Mn to take the job and leave the private sector.

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"You're going to own the entire regulatory process."
Been that way since 1913.
But now they have dumbed us all down enough that we barely glance away from chewing our cud or grazing the green fields.
 
ginwilly

ginwilly

Well-Known Member
NoDrama said:
"You're going to own the entire regulatory process."
Been that way since 1913.
But now they have dumbed us all down enough that we barely glance away from chewing our cud or grazing the green fields.
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It really is criminal.

We are all just trying to get mines, that's what is counted on.
 
heckler73

heckler73

Well-Known Member
NoDrama said:
"You're going to own the entire regulatory process."
Been that way since 1913.
But now they have dumbed us all down enough that we barely glance away from chewing our cud or grazing the green fields.
Click to expand...
I am not going to be surprised to see another orchestrated financial disaster. The derivatives problem is coming back, on top of it (not that it really went away...just pared).
Whether or not the "new wizards" are any better with their Risk-Analysis remains to be seen, but based on the literature which has come out over the last 3 or so years there is a heightened awareness, at least. So perhaps they will avoid the mathematical errors (like Gaussian Copulas) which led to the GFC. Plus algorithmic trading has gone mainstream literally in the last 2 years, with spreadsheets using I-Star models and Python code back-testing and executing trading strategies like the big boys, at the Ma&Pa level. So there is a programmed "noise" in markets which could have a compounding, buffer effect (in health or illness).
However, I still hear anecdotal tales through the academic grapevine about how "dumb" the financial sector is with literal quotes such as, "they don't know how to do simple math". And this is coming from people directly involved with regulatory oversight.

So coupled with the fascinatingly short memories of the aggregate, and the rebuilding of the "white shoe boy" sector's political infrastructure, I'm concerned it's a helluva recipe for a fuck-up.
 
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schuylaar

Well-Known Member
heckler73 said:
I am not going to be surprised to see another orchestrated financial disaster. The derivatives problem is coming back, on top of it (not that it really went away...just pared).
Whether or not the "new wizards" are any better with their Risk-Analysis remains to be seen, but based on the literature which has come out over the last 3 or so years there is a heightened awareness, at least. So perhaps they will avoid the mathematical errors (like Gaussian Copulas) which led to the GFC. Plus algorithmic trading has gone mainstream literally in the last 2 years, with spreadsheets using I-Star models and Python code back-testing and executing trading strategies like the big boys, at the Ma&Pa level. So there is a programmed "noise" in markets which could have a compounding, buffer effect (in health or illness).
However, I still hear anecdotal tales through the academic grapevine about how "dumb" the financial sector is with literal quotes such as, "they don't know how to do simple math". And this is coming from people directly involved with regulatory oversight.

So coupled with the fascinatingly short memories of the aggregate, and the rebuilding of the "white shoe boy" sector's political infrastructure, I'm concerned it's a helluva recipe for a fuck-up.
Click to expand...

+rep

:clap:
 
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