link
50k in assets and 50M in liabilities.
He got screwed and many others with him.
The scathing article about Dykstra appeared on ESPN.com written by Mike Fish https://sports.espn.go.com/mlb/news/story?id=4084962
Anybody who invested with this waterhead or lent him money made some serious errors in judgment. As moronic as Dykstra sounds in the ESPN article, he's actually much, much dimmer when you hear him speak in TV interviews.
I feel badly for the many people to who Dykstra owes money, but what did they expect when they were dealing with a half-bright ex-jock?
The scathing article about Dykstra appeared on ESPN.com written by Mike Fish https://sports.espn.go.com/mlb/news/story?id=4084962
Anybody who invested with this waterhead or lent him money made some serious errors in judgment. As moronic as Dykstra sounds in the ESPN article, he's actually much, much dimmer when you hear him speak in TV interviews.
I feel badly for the many people to who Dykstra owes money, but what did they expect when they were dealing with a half-bright ex-jock?
This game is for the big boys at places like GS, man.
You know as well as I, for sure, Vermeer. Yeah, the little retail guy can make money doing this-----but it damn sure ain't going to be big money. But being a little guy myself, I'd rather make 15% myself than pay some s--head at GS half on a 30% return.
Just look at the gd name--------GOLDMAN SACHS. Need I say more?
This game is for the big boys at places like GS, man.
You know as well as I, for sure, Vermeer. Yeah, the little retail guy can make money doing this-----but it damn sure ain't going to be big money. But being a little guy myself, I'd rather make 15% myself than pay some s--head at GS half on a 30% return.
Just look at the gd name--------GOLDMAN SACHS. Need I say more?
You see, the White House finance team is dominated by a Wall Street mentality. So dominated, in fact, that insider culture permeates the place like the smell of trout guts in a fish market.
One can see this (or rather smell this) in observing team Obama’s top financial pitchmen, Tim Geithner and Larry Summers. As president of the New York Fed, Geithner was a creature of Wall Street, bought, sold and paid for, from day one. Even the staid New York Times has called out Turbo Timmy, noting his exceptional “reliance on bankers, hedge fund managers and others.”
And if Obama advisor Larry Summers didn’t start out aspiring to be top shill on the hill, he certainly wound up settling in to the role quite nicely, having raked in a cool $8 million (give or take) in speaking fees and hedge fund consulting fees these past few years.
In addition to the above, add in the fact that Goldman Sachs is not just a mega-powerful investment bank these days, but a weird sort of temp agency with a quasi-official role in filling all high-level government finance posts.
The net result is a sort of noxious self-interest cocktail that proves toxic to anyone not considered a tried-and-true friend of Wall Street. And that would include Paul Volcker.
You see, the White House finance team is dominated by a Wall Street mentality. So dominated, in fact, that insider culture permeates the place like the smell of trout guts in a fish market.
One can see this (or rather smell this) in observing team Obama’s top financial pitchmen, Tim Geithner and Larry Summers. As president of the New York Fed, Geithner was a creature of Wall Street, bought, sold and paid for, from day one. Even the staid New York Times has called out Turbo Timmy, noting his exceptional “reliance on bankers, hedge fund managers and others.”
And if Obama advisor Larry Summers didn’t start out aspiring to be top shill on the hill, he certainly wound up settling in to the role quite nicely, having raked in a cool $8 million (give or take) in speaking fees and hedge fund consulting fees these past few years.
In addition to the above, add in the fact that Goldman Sachs is not just a mega-powerful investment bank these days, but a weird sort of temp agency with a quasi-official role in filling all high-level government finance posts.
The net result is a sort of noxious self-interest cocktail that proves toxic to anyone not considered a tried-and-true friend of Wall Street. And that would include Paul Volcker.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.