• 21 Aug 2008 at 11:34 AM

Cuomo And Thain To Duel?

By Bess Levin

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As you know, UBS, Citi, Morgan Stanley et al all chose over the last several weeks to pay back billions in auction rate securities to avoid going to court with Attorney General Andrew Cuomo. No agreement was reached with Merrill Lynch, however, with talks having grown “contentious,” which we assumed meant Thain breaking the onesie out of mothballs and Cuomo renting a Viking costume. We also assumed that MER would eventually decide to roll over and take it, but, apparently, not so. Obviously Andy is none too happy about the lack of cooperation, telling CNBC this morning that he’s– paraphrasing here– sick of their shit. “Today is the last day,” he told Erin Burnett and Mark Haines. “If we don’t settle today, tomorrow at this time we’ll be in court.”
Cuomo added that he “doesn’t like to go to court.” Regardless of whether or not that’s true (and we’re actually inclined to believe he loves “playing lawyer”) it would be a damn shame if we were robbed of the opportunity to watch him get all up in Thain’s face whilst Stan snickers from the back of the room. We vote for no settlement. Hopefully MER’s with us.
Cuomo Threatens to Sue Merrill Over Auction-Rate Debt [CNBC]
**Spare us the “that’s not how it actually works” crap. This is our fantasy and it’ll play out however we see fit. If that includes Charlie Gasparino as court stenographer, SO BE IT.

Comments (13)

  1. 1
    Posted by guest | August 21, 2008 at 11:42 AM

    Did Thain make sure the wrestling mats were free of fungus or wringworm?

  2. 2
    Posted by guest | August 21, 2008 at 11:42 AM

    Did Thain make sure the wrestling mats were free of fungus or wringworm?

  3. 3
    Posted by bank_teller | August 21, 2008 at 11:43 AM

    heeeey, i’m a pussycaaaaatt! heeeeeyyyy! dat’s whadday awlways wanned ta be!
    p.s. — contrary to some people on these boards i think she’s hot and i love her.

  4. 4
    Posted by guest | August 21, 2008 at 11:43 AM

    Cuomo over Thain. Thain is a ninny.

  5. 5
    Posted by guest | August 21, 2008 at 12:13 PM

    Hey has anyone ever seen 2 girls mayo wrestling?

  6. 6
    Posted by guest | August 21, 2008 at 12:19 PM

    http://myspacedouchebags.com/gallery.php?date=&page=22

  7. 7
    Posted by guest | August 21, 2008 at 12:24 PM

    i’ve been getting reall strong feelings of nostalgia lately. could be the time of year or my age(42) but really have been very reflective as of late anyone else??

  8. 8
    Posted by guest | August 21, 2008 at 12:29 PM

    @6 great site.

  9. 9
    Posted by guest | August 21, 2008 at 12:34 PM

    You kidding me – AG’s don’t like to go to court? THat’s the lifecycle: birth->law school->attorney general->lawsuit crusader->governor->scandal->obscurity->death à la godfather III. Come on Robin Hood, litigate the Sheriff of Nottingthain!

  10. 10
    Posted by guest | August 21, 2008 at 3:06 PM

    @8 you’re a douchebag

  11. 11
    Posted by guest | August 21, 2008 at 3:15 PM

    @ 7,
    Ya… its called a mid life crisis… just go with the flow… buy a red convertible, go get some hair plugs and buy some gold chains… oh and the pinkie ring… don’t forget the pinkie…
    on a serious note, having the same kind of thoughts… a year of non stop credit crisis, clients freaking out, illiquid investments and my oldest daughter getting her own apartment instead of living in the dorms is pushing the whole Bruce Springsteen “glory days” feel to life.
    So go buy a fast car that you always wanted and enjoy… we only dance on this mortal coil once, so why get to stressed about the unknown unknowns…

  12. 12
    Posted by Billybob | December 13, 2011 at 2:42 PM

    Thanks for that! It’s just the aenswr I needed.

  13. 13
    Posted by glqtpuli | December 16, 2011 at 6:31 AM

    jc5jaj mqgbiasxbvex

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