A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“Why don’t Mexicans have barbecues?” Because the beans fall through the grill.” (2/27)
“I told myself I should stop drinking… But i’m not about to listen to some drunk” (2/27)
“Where does a dad keep all his jokes?"/"In the dadabase.” (2/26)
Entry forthcoming—B.P. (2/26)
Entry forthcoming—B.P. (2/26)
More new entries...

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Entry from May 27, 2011
“Talking its book”

Entry in progress—B.P.

New York (NY) Post
Small firms claim Finra targets them
By John Crudele
Posted: 12:59 AM, May 26, 2011
(...)
Goldman Sachs, for instance, just a few days ago repeated a forecast made earlier this year that oil prices would soon climb rapidly. Between its two higher oil forecasts was one by Goldman predicting falling prices, suggesting the firm is doing nothing more than—as they say on Wall Street—“talking its book.”

Talking its book means a firm made a prediction that helps it make money on the securities or commodities positions it already holds in its portfolio. 

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Friday, May 27, 2011 • Permalink