Doonesbury by Garry Trudeau for July 15, 2016
July 14, 2016
July 16, 2016
Transcript:
Dumbarton: I'm not really an expert, sir, so I could have this wrong, but it looks like you sold 90 percent of your holdings just before the Boesky announcement. Slackmeyer: I got lucky. Dumbarton: I'll say. The Dow plunged 40 points. You saved... let's see... Slackmeyer: About $23 million. I hire good people. What are you driving at, kid? Dumbarton: Nothing at all, sir. I'm just paid to puzzle out the irregularities. Slackmeyer: If you're implying I dumped on a tip, I"ll have you know this firm has never, ever traded on anything but its integrity! Dumbarton: Oh, well, that's that. Slackmeyer: Don't toy with me, kid! What kind of deal are we talking here?
BE THIS GUY over 8 years ago
You have the right to remain silent.You have the right to have an attorney, and I’m pretty sure you can afford one.
Argythree over 8 years ago
And things were going so well…
Anters55 over 8 years ago
The market “plunged” 40 points? How quaint!
thirdguy over 8 years ago
Learn to take YES for an answer.
David Huie Green LoveJoyAndPeace over 8 years ago
The dangers associated with giving power to too few of the wrong people, well, to anybody, but power doesn’t get destroyed. .It gets used, misused, concentrated or dispersed.
Liverlips McCracken Premium Member over 8 years ago
Methinks the perp churl doth protest too much.
rlcooke over 8 years ago
Wow, has GT got the guilt right! The old man is straight out of “The Tell-Tale Heart” by Edgar Allen Poe. Or maybe the young lawyer is playing a clever game, like the procureur in Dostoevsky’s “Crime and Punishment” (or Columbo, for those who remember the Peter Falk series).
Sportymonk over 8 years ago
The kid wants a job with a real golden parachute with options.
Lee Taplinger over 8 years ago
Oct. 19, 1987, another day that proves the free market needs no regulation and that Reagan was an economic genius.
dutchs over 8 years ago
The Dow dropped 40 points so he saved $23 million? No, he didn’t “save” anything. He made $23 million more than if he’d sold just after the announcement, but if he held on a couple of weeks more he might have been even or maybe ahead. And the Dow means nothing to his particular portfolio. Those stocks might have gone down, up or sideways. Just try and buy some Dow-Jones.
Red Ruffensor over 8 years ago
This came before the SEC started screening for gullibility.