It's about quarter to ten at night. Sully and I, we're sitting behind the closed down Shell station on Sixth Avenue where it meets McDougal. This is a good place to pass a beer back and forth because no one every looks toward the ugly old station. Not the cops. Not your parents, or their friends. Not the various fiends that prowl the streets. It's an eyesore. It's nicer to look up the avenue or down it, at the World Trade Center.
"So I was thinking that maybe you should go out with Alicia," Sully says. He takes a slug from the bottle of Old English.
"Isn't she your girlfriend?" I ask.
He shakes his head. He's looking down Sixth Avenue himself. "She was. I dumped her."
"Why would I date her, then? That's kind of weird, your wanting me to date your ex."
"I feel bad. She was a perfectly good girl. She didn't deserve to be dumped like that. It's just that I got other things going on now. I thought maybe if you went out with her she wouldn't feel so bad," he said, still looking downtown and not at me.
I took a double-size swig from the Old English bottle. "Like I said, man: That just weird."
Credit Suisse Memo to Clients: Hire Our Ex-Employees [Bloomberg]
Posted by guest , Jul 01, 2008 8:58AM
From the memo: "We are committed to both our clients and employees..." -- sounds like they're not talking about just ex-employees but all employees in that division. I guess the entire commercial real estate team is being cut. Ouch!
Posted by guest , Jul 01, 2008 9:02AM
Change the headline so it makes sense.
Posted by guest , Jul 01, 2008 9:12AM
Carney, do you read this crap before you send it out? Look at the title of your post. Hire an editor for chrissakes, or stop editing your own stuff since clearly reading comprehension isn't a strong suit.
Posted by guest , Jul 01, 2008 9:13AM
Carney, do you read this crap before you send it out? Look at the title of your post. Hire an editor for chrissakes, or stop editing your own stuff since clearly reading comprehension isn't a strong suit.
Posted by guest , Jul 01, 2008 9:20AM
Too subtle for these fist draggers. Don't worry Carney, triple digit IQs out there will understand
Posted by guest , Jul 01, 2008 10:00AM
Carney aren't you a little old to be drinking 40s of Old E on Macdougal?
Posted by guest , Jul 01, 2008 10:01AM
bankers not getting it, not fitting their model.
excellent work JC.
-retail
Posted by guest , Jul 01, 2008 10:18AM
You really have to wonder if some commenters read their comments before they send them. Very good work Carney.
Posted by guest , Jul 01, 2008 10:26AM
Just heard that CS had another round of layoffs yesterday, mostly centered in fixed income. All levels.
Posted by guest , Jul 01, 2008 1:01PM
What divisions of fixed income ? just structured products or evertyhing?
Posted by guest , Jul 01, 2008 1:13PM
credit suisse is a joke.
they've just been smirking that they haven't been as badly destroyed as their swiss rivals, UBS, but they're still awful.
Posted by guest , Jul 01, 2008 1:18PM
the CMBS market is destroyed. CS's clients aren't going to be in business for too long either if the CMBS market turns like the subprime MBS market as there are good chances it will.
i spoke to someone on the FI side of CS. things are bad out there this week.
Posted by guest , Jul 01, 2008 1:43PM
CMBS is toast.
Posted by guest , Jul 02, 2008 5:23PM
excellent, and comical analogy Carney