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With proper leverage you could have made millions and before the 0-taxes kick in. Pity.

Lloyd Blankfein and me developed a special CDO that we filled with Apple debt, warrants and other Jobsian junks. GS is also extending me a 20 million dollar line of credit to short the shiite out of it. So, the answer is yes, I am shorting Apple and putting my money where my mouth is—dennisw, on April 28, 2010.

So, how's that CDO doing three months in? How many millions did YOU and Llyod make in pre Obama tax dollars?

By the way, Dennis, how did you fill up that CDO with "Apple debt" when Apple has none???? I can also find no references to Apple ever issuing any stock warrants into the market. There are some restricted purchase stock options, given to key employees or board members, but those are not tradable. With $40 Billion in cash on hand, Apple has no need to borrow, issue bonds, or sell speculative stock purchase warrants. So where did you find the debt, warrants, and "other Jobsian junk" you claim is in your putative CDO???

Sounds like a load of fraudulent securities to me. If you are really invested in this CDO, did you really read the prospectus closely? I suggest you try and get your money back.

If you really developed this CDO, you might want to consider turning yourself in to the SEC... they might be merciful and NOT throw away the key to your cell... or they might offer you a job in the Obama administration.