The End of an Error.........

The official moving date for the financial version of the post office, better known as American International Group (ticker: AIG),is set for tomorrow morning. AIG is best known for almost blowing up the global financial system through a series of enormous bets made via complex derivative instruments (those same instruments that Goldman Sachs would later be made whole on by our government- more specifically US taxpayers). Unlike the good folks at Goldman, I cannot recall anyone at 70 Pine Street ever claiming to "be doing God's work". However, what they have been doing on the 12th floor trading room, is far more interesting.

Each morning various traders on the 12th floor have congregated around a window where they would watch a woman across the street(10th floor to be exact) take a shower. In addition to serving as a "team building exercise", this has also taught these men to pay attention to detail. One trader was overheard saying "yeah look at the green bottle, I think she uses Pert shampoo". While some may view this behavior as a little unseemly or even perverted, compared to our friends at the Securities Exchange Commission who were watching porn all day, this is a drop in the bucket. Hopefully senior management has been considerate enough to make sure the 12th floor of the new building has similar views so that these guys are not forced to surf the web in search of what they left behind.


Tonight's release...NC State +3.5 over Florida State. You want trends? How about NC State 8-0-1 Against the spread(ATS) in their last 9 games vs. FSU. More impressively the underdog is 8-0-1 in the last 9 matchups between these schools. This line stinks. If FSU is clearly the dominant force some think they are, then riddle me this: why isn't the line at -5.5 or 6? This is a conference rivalry game involving a home dog on a Thursday night. Somewhere at a local bar near you, patrons are decked out in their Charlie Ward jerseys chomping at the bit to lay the wood and fight the trend. Good night and good luck Common man...you are going to need it.