July 2007

  • admin

    Not Everyone Has Summer Hours
    DealBreaker Career Center Highlights

    Still at work? We are too. Maybe we all need better jobs. Here’s a start. DealBreaker combed through the DealBreaker Career Center to pick out some of the highlights. • A leading investment bank needs a foreign exchange prime brokerage client service representatives. Must work well with hedge funds. • Client services not your cup […]

    / Jul 20, 2007 at 5:16 PM
  • Write-Offs

    Write-Offs: 07.20.07

    $$$ Blackstone shareholders: No golden egg but goose is cooked [Reuters Blog] $$$ The Ring of Greenspan [Long or Short Capital] $$$ Bankers Banned From Bikini Bar [Banker’s Ball]

    / Jul 20, 2007 at 4:14 PM
  • Video Games

    “If I did it…I’d probably try and make more money off it than this”

    How do you follow up a 1-2-3 punch of your piece de resistance, Grand Theft Auto: San Andreas, being pulled by retailers for offensive material, shitty 2007 fiscals, and a duo of guilty pleas by former employees for falsifying business records in connection with improper backdating of employee stock options? With a video game featuring […]

    / Jul 20, 2007 at 4:12 PM
  • Advertisements, Chrysler, Puppy Death

    Another Successful Read of the Market by U.S. Auto Makers

    With all the controversy surrounding Michael Vick’s dogfighting proclivities Chrysler Group’s Dodge division decided now was a perfect time to release a viral video of a Dodge Nitro electrocuting a puppy to death. Note to Dodge, using force lightning against Mark Hamill, good, using it against a puppy, bad. The ad was created by the […]

    / Jul 20, 2007 at 4:10 PM
  • In my mind, I'm already gone

    Former II Editor Turns to Tricks

    Former Institutional Investor managing editor, Rob Veksler, has decided the fuck with financial journalism and started a production company. As of this week, Hat Trick Media (htrick.com) will be up and running to cater to the needs of whoever gives Rob enough cash to make a commercial, a website, install their DVD player in his […]

    / Jul 20, 2007 at 3:54 PM
  • banking culture

    Look at my button down striped shirt! Fucking look at it!

    Do you (check all that apply): – Wish to sartorially flaunt your fearlessness and confidence in our global economy – Have that “Suze Orman glint” in your eye – Take offense to the word ‘effeminate’ – Repeat and internalize the affirmation: “Making money is a rainbow of fun!” daily – Often find yourself gazing at […]

    / Jul 20, 2007 at 2:07 PM
  • Market News

    As Fifi Goes, So Does the Market

    Reasons why the Dow, Nasdaq and S&P are all down over 1% today. 1. Disappointing earnings from Google, Caterpillar and Ericsson mixed with subprime worries and the flight to quality represented by the Treasury yield falling below 5%. 2. News that Dick Cheney will be in charge of the country this weekend for several hours […]

    / Jul 20, 2007 at 1:28 PM
  • Banks, FOREX, Goldman Sachs

    Goldman Uses Mucho Dinero To Buy Some Calles

    What do you get when you take Mexico’s largest construction company, Goldman Sachs, and more pesos than either knows what to do with? You get a $4.1 billion bid to run a couple of Mexican toll roads. Empresas ICA and Goldman Sachs Infrastructure Group I (a $6.5 billion fund Goldman has a 12% stake in) […]

    / Jul 20, 2007 at 12:00 PM
  • FaceBook

    Zucks Uses Bucks To Buy Computers In Basement of 2 FaceBook Users

    DealBook reports that the increasingly nauseating FaceBook (inverse proportion to number of widgets added per day) has gone and bought itself a company. These are the details: the company is called Parakey (Latin for ‘the ability to belt-buckle bob for a Harvard drop-out’). It’s a start-up which had previously been “trying to bridge the gap […]

    / Jul 20, 2007 at 11:51 AM
  • Google


    Golden child Google missed analysts unrealistic expectations of what the search engine is capable of in quarterly results yesterday. This is the second time the company has failed since its 2004 IPO. Investors unconsensually punished the stock in after hours trading, with shares falling up to 8.3% ($45.29), to $503.40, to say nothing of the […]

    / Jul 20, 2007 at 11:05 AM
  • Forbes

    Caption Contest Friday: Forbidden Forbes Fondue

    One of our readers passed along this lovely photo of Steve Forbes with his daughter Moira. What on earth he’s doing is up to you to decide. Here are DB’s top three captions so far: 1. Did you ever imagine what that scene in Ghost would be like with Steve Forbes and his daughter Moira?… […]

    / Jul 20, 2007 at 10:22 AM
  • CNBC

    An Extra Hour Of Squawk On The Street Sweetie
    Claman, Under 90-Day Non-Compete Contract, Leaves 90-Days Ahead of Fox Business Launch

    Viewers of CNBC just witnessed a change in the network’s programming line up. With the departure of Liz Claman yesterday, CNBC decided to immediately to expand Squawk on the Street to two hours. Claman had anchored Morning Call from 10 am until noon. Squawk has been extended to 11 am, while Morning Call has been […]

    / Jul 20, 2007 at 9:55 AM
  • Bancroft

    Everyone Hates The Bancrofts

    The sentiments of the commentariat have decisively turned against the family that controls Dow Jones, reports Rachel Sklar at the Huffington Post. Although the Bancroft family’s hesitation to sell to Rupert Murdoch’s News Corp is often dressed up as a concern for the editorial integrity of the Wall Street Journal, it’s also been described by […]

    / Jul 20, 2007 at 8:58 AM
  • Opening Bell

    Opening Bell: 7.20.07

    Toyota Loses Top Spot To GM In Global Sales In 2Q (Dow Jones) We mentioned yesterday that the Detroit automakers needed to rev up production in light of the production stoppages at the Japanese companies, due to the earthquake. See, it’s all about small victories, because a victory is a victory. Take this for instance. […]

    / Jul 20, 2007 at 7:56 AM
  • Write-Offs

    Write-Offs: 07.19.07

    $$$ Choose Your Seat Wisely [Banker’s Ball] $$$ Google: not so perfect anymore [CNN Money] $$$ “Right now things are starting to come unglued” [The Big Picture]

    / Jul 19, 2007 at 5:30 PM
  • CNBC

    Breaking: Liz Claman Become A Fox Business Babe
    Rupert’s New Business News Network Poaches CNBC’s Feisty Redhead

    Liz Claman has left CNBC after nine years with the network. She is headed for the competing business network Rupert Murdoch’s News Corp plans to launch this fall. CNBC veteran Alexis Glick had previously signed on as the director of business news for the new network. Claman anchored Morning Call on CNBC, which airs from […]

    / Jul 19, 2007 at 5:20 PM
  • Dow, Dow Jones, Rupert Murdoch

    The Rupert and Wendi Murdoch Former Nazi German Concentration Camp

    Renaming an institution like the Dow Jones Industrial Average and getting people to use its new name is a pretty difficult task. It’s doubtful that either residents or tourists living near or travelling to Auschwitz-Birkenau will take the extra effort to say “Former Nazi German Concentration Camp Auschwitz-Birkenau,” though Poland is hoping we’re wrong (it’s […]

    / Jul 19, 2007 at 4:28 PM
  • Viacom

    Shari Redstone Disinherits Herself

    Viacom heir apparent Shari Redstone is expected to leave the media conglomerate’s board after a falling out with her volatile chairman father, Sumner Redstone, the Wall Street Journal reports. In anticipation of a pending sale of all or part of the company, Viacom stock traded up 3% this morning. The Redstone acrimony seems to be […]

    / Jul 19, 2007 at 2:26 PM

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