Coffee Cart Man Doesn't Think We've Hit Bottom Yet

coffeguysmall.jpgSo, I just left Lehman Brothers's Coffee Cart Man (CCM), whose real (nick)name is Leon, which almost sounds too good to be true, alliteration-wise. Though some claimed the not so unspoken message he sent to reporters last Friday--which was: Fuck you, leave me the fuck alone!--originated with a Lehman employee who paid him to say back the shit off, Leon told us it was his idea. "When they suffer I suffer," Big L said. Apparently he'd been following the story on BBC London last night/early this morning and thinks the bankruptcy filing "sucks, but what can you do?" He offered that "You've got to look up" and then added pessimistically or realistically that "it's probably going to get worse." The purveyor of pastry diplomatically declined to name specific names of reporters he continues to refuse to service today.

Also--we left him with a few hundred,* so please go drink, on us. (I realize now I should've stocked his cart with the necessary ingredients to make all of today's coffee Irish. There's always tomorrow?)

Earlier: In Defense Of Lehman Brothers

*Is there a metaphor to be found in the fact that my Bank of America check card wouldn't open the door to the ATM place, or the HSBC one across the street, and I had to traipse around to find a bodega that'd give me cash? Probably.

Comments

1

Posted by guest , Sep 15, 2008 6:51AM

was just there-- there is a sign in his window that says "from dealbreaker, [heart sign] bess and carney"

2

Posted by squaredeal , Sep 15, 2008 6:54AM

It's not often that I'm proud of the Bush administration, so this calls for a double shot.

If they had drawn the line on Bear Stearns maybe we could have avoided bailing out Fannie Mae/Freddie Mac. The moral (hazard) of the story: if you're not "too big to fail", you'd best get there quick unless you want to be the next Lehman (I'm looking at you, bulge bracket).

3

Posted by guest , Sep 15, 2008 7:02AM

All you Lehman kidos who think you escaped with your last year bonus, should read Moore v Bay - creditors may ask the court to get the bonus' paid last year back.


hahahaha - so much for screwing Lehman and the public and walking away!!

4

Posted by Investorcluzo , Sep 15, 2008 7:02AM

bessy, my hero - late to bed, early to rise...anything for a scoop! nice work.

5

Posted by guest , Sep 15, 2008 7:03AM

FULD = "FU" "L"ehman's "D"one!

6

Posted by guest , Sep 15, 2008 7:04AM

It's feeling GOLD outside. Mmmmm... GOLD... GOLD!


Monex. GOLD!

7

Posted by guest , Sep 15, 2008 7:09AM

good god woman-- did you sleep at all?

8

Posted by guest , Sep 15, 2008 7:16AM

@3 good luck with that, are you fucking kidding me?

10

Posted by guest , Sep 15, 2008 7:18AM

"Is there a metaphor to be found in the fact that my Bank of America check card wouldn't open the door to the ATM place, or the HSBC one across the street, and I had to traipse around to find a bodega that'd give me cash? Probably."

i think your strip has just been swiped too many times (not that there's anything wrong with that).

11

Posted by AJ , Sep 15, 2008 7:24AM

Nice job Bess

12

Posted by guest , Sep 15, 2008 7:24AM

guys...i work at lehman...should i go to work today or just stay home? this is killing me...

13

Posted by guest , Sep 15, 2008 7:24AM

guys...i work at lehman...should i go to work today or just stay home? this is killing me...

14

Posted by guest , Sep 15, 2008 7:24AM

guys...i work at lehman...should i go to work today or just stay home? this is killing me...

15

Posted by guest , Sep 15, 2008 7:25AM

@12/13/14-- at least just go to the coffee cart guy and get the free stuff before the money db left runs out

16

Posted by guest , Sep 15, 2008 7:26AM

12 go to work, no point in staying home and suffering. suffer together (and I don't mean that in a snide way). at least get your stuff and see what's going on.

17

Posted by guest , Sep 15, 2008 7:34AM

@8-- do a google, they just need 1 creditor to file a claim under it.

Depends when leh went under. and anyways, tough to make the argument about paying $5 billion in bonus money when you know the firm is kaput.

more interesting if they get a court to order the money re-paid and the leh kiddos have worthless stock or spent it. Suddenly you have a real debt to pay and a court order.

How much did you say your co-op is worth?

18

Posted by guest , Sep 15, 2008 7:35AM

thanks for the coffee, bess!

-leh "employee" begrudgingly reporting to 745 today

19

Posted by guest , Sep 15, 2008 7:43AM

Goldman has to merge with JD Wentworth in order to survive

20

Posted by guest , Sep 15, 2008 7:43AM

@12,13 and 14, you are too stupid to have a job, click once moron

Good riddance LEH, bunch of tools over there. BOFA new king of the world

21

Posted by guest , Sep 15, 2008 7:44AM

@20- you're a fucking asshole.

22

Posted by guest , Sep 15, 2008 7:44AM

Sorry 12...been there before. I'd go in and hang with you teamates

23

Posted by guest , Sep 15, 2008 7:57AM

174 whose to say it was kaput when they paid it. if they gave someone 20,000 shs then that's what they should get back.

and i have a fully paid for house, dickwad.

24

Posted by guest , Sep 15, 2008 8:09AM

I'd beleieve that Bess' stripe has been swiped way too many times...

25

Posted by guest , Sep 15, 2008 8:10AM

@21, why is that?? Because im telling it like it is?? You're a loser, go back to your clerk job and clear my trade you knob

26

Posted by guest , Sep 15, 2008 8:16AM

Anyone know associates pay at Lehman?

27

Posted by guest , Sep 15, 2008 8:18AM

PUT THAT COFFEE DOWN! COFFEE. IS FOR CLOSERS!

29

Posted by BlackSwan06 , Sep 15, 2008 8:20AM

@12/13/14

as Bluto said to Flounder:

"My advice to you is to start drinking heavily."

30

Posted by guest , Sep 15, 2008 8:20AM

Yeah, they get paid 2 dollars, enough for a cup of joe and a bagel from the dirty cart guy you retard.

31

Posted by diablo , Sep 15, 2008 8:35AM

Bess, how about a roast of Bove?

http://ftalphaville.ft.com/blog/2008/09/15/15881/boves-mea-culpa-on-lehman/

32

Posted by guest , Sep 15, 2008 8:43AM

@23--in the real world, judgements are in dollars not some supposed equivalent. So, if LEH was mis-reporting their P&L, it was kaput and mgmt knew it.

So, go talk to your realtor asswipe about what your house is worth...hahaha. probably 50% of what you paid..so, now you owe LEH your bonus money and your bank money. You'll work the next 10 years paying it all back.

33

Posted by guest , Sep 15, 2008 8:47AM

@32 actually no, since we bot our house in the early 90s, dipshit, and as i said, it's fully paid off. and if we have to pay back 1 years worth of bonus, no BFD, considering all the other years were generous CASH WISE. Hear what i'm saying, shit fer brains?

enjoy being a bitter asshole. i'm sure your unit is the size of a crayola crayon.

34

Posted by guest , Sep 15, 2008 9:05AM

Bess,
Can I hit your bottom?

35

Posted by guest , Sep 15, 2008 9:18AM

@33--you're such a funny guy. I think its really funny considering most leh guys had stock, not cash the last few years and were all leveraged up tha yazoo - you included. You probably live in Hoboken or eastchester, so your home isnt worth the taxes you paid on it.

Its even more curious you wanna talk about my weiner.....did your wife tell you the milkman gave her better cream than you?

36

Posted by guest , Sep 15, 2008 9:25AM

Easy, schoolboys!

Is it so hard to simply appreciate this act of kindness amidst the misery?

37

Posted by guest , Sep 15, 2008 9:28AM

@36-- you're right.

thanks bess!

38

Posted by guest , Sep 15, 2008 9:57AM

bess- you rock!

39

Posted by guest , Sep 15, 2008 9:58AM

@27-- salt in the wound, but very appropriate nonetheless

40

Posted by guest , Sep 15, 2008 2:02PM

Another Lehman employee here who is most likely laid off.

I really have no idea where I'm going to find a new job.

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