Jesse Litvak

Now I normally don't take anything on zerohedge too seriously, but I've gotta say they've got this story down.

http://www.zerohedge.com/news/2013-01-28/we-are-doneski-gorgeous-how-bond-trading-wall-street-really-works

I'm imagining these quotes being read by Jesse Pinkman:

yo yo yo….if there is any color you can share on your wfmbs 06-ar10 4A1 from yest…maybe i can use that as leverage to go beat the guy up that owns the 06-ar12 1a1 bonds

Someday, hopefully soon, investors will demand an end to these shenanigans and move all fixed income and derivatives trading to exchanges.