The Official Stock Market Thread:

**Sam Vs. Dave** · 11.16.22, 06:40 PM

Originally Posted by edwardv

Never trust a guy in shorts, hoodie, tee shirt, and flip flops standing next to x presidents with billions in his pockets.

I kinda want to BE that guy!

**edwardv** · 11.17.22, 07:09 AM

So it looks like perhaps my old high school classmate Gary Gensler could be in some hot water with this fast talker pos Bankman-Fried.
https://fortune.com/crypto/2022/11/1...over-ftx-mess/

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**Dave's Dreidel** · 11.17.22, 07:22 AM

The more I read about this guy, the more I can't believe people were took in by him.

**It's Mike** · 11.17.22, 07:44 AM

Originally Posted by Dave's Dreidel

The more I read about this guy, the more I can't believe people were took in by him.

There's gonna be a lot more. We had a guy from around here take down a bunch of people when they realized he was a fraud. All kinds of these crypto kings were just running ponzi schemes and living like billionaires with other people's money.

https://toronto.ctvnews.ca/crypto-ki...ding-1.6126390

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**Dave's Dreidel** · 11.17.22, 08:37 AM

If it's too good to be true, it is.

Like all these guys that get caught in honeypot schemes. You really thought that the chick that looked like Halle Berry was into you, out of nowhere?

**MD 5150** · 11.17.22, 08:44 AM

Originally Posted by Dave's Dreidel

If it's too good to be true, it is.

Like all these guys that get caught in honeypot schemes. You really thought that the chick that looked like Halle Berry was into you, out of nowhere?

As long as people see it as a chance, it's on like Donkey Kong.

**edwardv** · 11.17.22, 08:48 AM

I remember Cramer touting crypto years ago . I bet he got out before the fall. He also said Bear Stearns wasn't going under back in 08.

**Dave's Dreidel** · 11.17.22, 08:58 AM

Originally Posted by edwardv

I remember Cramer touting crypto years ago . I bet he got out before the fall. He also said Bear Stearns wasn't going under back in 08.

Would not surprise me one bit that what he says on his show in many instances is paid for by someone.

**edwardv** · 11.23.22, 12:43 PM

I can't find any with Obama but I'm pretty sure I saw some years back. Top pic is congresswoman for life Maxine Waters chair lady House Banking Committee .

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**edwardv** · 11.26.22, 04:34 AM

Has Sam Blankman Fried been arrested yet?

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**MD 5150** · 11.26.22, 05:49 AM

Originally Posted by edwardv

congresswoman for life Maxine Waters chair lady House Banking Committee

Wow someone has put some time in writing up Maxine's wiki. My first thought about her being involved in anything financial would be similar to putting a drug addict in charge of the DEA.

The fifth of 13 children, she was raised by her single mother after her father left the family when Maxine was two.

**It's Mike** · 11.26.22, 06:47 AM

Originally Posted by edwardv

Has Sam Blankman Fried been arrested yet?

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He apologized. Is that not enough?

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**edwardv** · 11.26.22, 07:58 AM

I think it would be a good training exercise for the seals to snatch him out of the Bahamas.

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**edwardv** · 11.27.22, 05:00 PM

https://seekingalpha.com/article/456...for-retirement

So if your a youngster now you need to accumulate 4 million to retire?

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**It's Mike** · 11.27.22, 05:51 PM

Originally Posted by edwardv

https://seekingalpha.com/article/456...for-retirement

So if your a youngster now you need to accumulate 4 million to retire?

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Articles like this are so silly. Unless they got a crystal ball and can tell us what inflation will be then their numbers are meaningless. A lot of people don't have 4 dollars in savings though. That's the bigger issue. Retire with no debt and enough to generate half of your income and you'll probably be fine. Having non deadbeat kids (if you have kids) is also helpful.

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