So this little debate about when things will be good again– Blankfein claims “We’re closer to the end than the beginning,” while Eclectica Asset Management’s Hugh Hendry predicts financial stocks will take TWENTY FIVE YEARS to recover from the subprime incident. I don’t know who to believe: Jew or hyperbolist (as you know, I’m partial to both). On the one hand, Blankfein reminded us recently that he’s paid the big bucks to know what he’s talking about. On the other, Hendry’s estimate is just so much more amusing (which is really what this whole business is about, having a good laugh). Twenty five years? Most of you will be dead by then. I’ll be 48 and still working for Carney at DB, and wishing I were dead. The only thing that could possibly get me through a life that would so closely resemble hell would be if Hendry’s other comical prediction (which is not to say it won’t come true, just that it makes me laugh) came to pass– Citi trading at less than $10 a share.
Hedge funder Hendry on why we’ll be down for 25 years [The Deal]
A Light In The Tunnel [NYP]
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True or False, we still won’t know what bess looks like in 25 years.
thats hilarious, i’m pretty sure dave viniar had a similar comment in the 3rd quarter
you mean Tipper Gore?
what D.V. said in 3Q was “we are a lot closer to the bottom than where we were in the end of the second quarter,” which is funny in that it was both obvious (yes 3q clearly has to be closer to the bottom than 2q if you have a negative slope) and wrong, in that it is now almost a year later and we are still wondering if we can see bottom
so you’re like…23?
@12:22
you’re quite the mathematician
Bess, I’ll kill you for a dollar. I’ll kill anyone for a dollar.
Act now, ‘cuz if I lose my job, prices will go up.
@12:22– ding ding ding
@12:22 I was thinkin the same thing. Based on her writing style, I would have guessed bessie girl was a little older. Seriously.
Read the bio page… Bess graduated from Amherst like two months ago.
@12:35– may ’06. making her…48…minus 25….23.
Well, she could be like 29, Amherst is notorious for its slow, retarded students.
- Eph ’07
oh christ, who let the retarded williams kid (sorry for the redundancy) in?
Why does the Fed continue to lie about inflation?
Core inflation in most countries e.g. Australia is running at 4.6% and mortgage rates there are at 9.25%.
If rates were 9.25% in the US – it would take 25 years to recover.
Didn’t the CEO of GE report that all was well a few weeks ago? Ka-boom!!!
guest @ 12:45 is bess. nice try.
Is this Bess?
http://gawker.com/5002927/in-which-a-disillusioned-financial-blogger-is-drafted-for-fashion-week
@12:59: If you read the big line at the top of the gawker post, just below the title, you’ll note that it’s written by that OTHER Bess Levin who’s a blogger at Dealbreaker.
moron.
Talking about the pic genius
This site is full of ‘tards
Jessica Stam, genius.
Bee, if you marry me now, I’ ll be dead in 25 years and you’ll still be a hot widow under 50.
she’s 38, eggs over hard
this is awesome
big r – Bess has done some video work for Dealbreaker. You just have to look.
That she’s too young to remember that Citi has traded below $10/share in her lifetime should not be held against her.
http://www.newsgroper.com/jeff-skilling/2007/12/11/bess-levin-would-be-the-best-christmas-bonus-ever
Bess beware fake jeff skilling is using fake your likeness
we were so off w her age…
http://query.nytimes.com/gst/fullpage.html?res=9B0CE6D71E39F93BA25753C1A963948260
RIP Bess Levin. We hardly knew ye
I think it’s important that this is the fifth result on Google Image search for ‘Bess Levin’:
http://blog.trenchcoatsoft.com/images/it025.jpg
does anyone know where the shiva is? (They have great food at those things).
@2:53– b/c it was used on a db post…notice that almost all the images that come up for best are pics that have been embedded on db.
@2:57 – please stop trying to cover up for the fact that Dealbreaker is authored entirely by horny pandas.
pandafuckers!
who remember $12 oil?
It was ’98 beeatches. Will be in the 20′s within 2 years.
Bess. You Rule!
MANY people though Hugh was being a “hyperbolist” 18 months ago when he said oil would go to $100. He may be wild, but he’s “berry, berry smart.”