Pissed off about the poaching of employees, JPMorgan has stopped trading with Citadel. Though Dimon’s employees have been fleeing to the Chi-town hedge fund for some time, the tipping point for the bank was apparently yesterday’s resignation of Greg Boester. Clearing has been left alone, but trading desks have been banned from Citadel until the firm stops hiring its people.
Greg Boester Straw That Broke JPMorgan’s Back, Caused Bank To Stop Trading With Citadel
By John CarneyComments (32)
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first
I am going to inject $180 in my ass to spur inflation.
Too long, didn’t read.
wtf about this post attracted all of the crazy losers anxious proclaim for all to see just how much free time they truely have?
I need more details
Awesome story. Once again, more fine reporting from the crack team at Dealbreaker…
isnt this basically the definition of cutting off your nose to spite your face?
Arrogance is, in part, what led to where we are today. Jamie D. take note.
Boester is a D bag. They can have him.
Boester is a D bag. They can have him.
Now this sounds like the Jamie we know and love.
how’d you get that name? db is in bed with citadel
It seems like there has been animosity here before…Didn’t Amaranth sue JPM for allegedly interfering with potentially more profitable Citadel bailout of Amaranth? (I think JPM and Citadel jointly wound up holding Amaranth…).
I like Ken Griffin. The fact that he’s poaching from JPM makes a lot of sense – If I were a hedge fund titan, JPM would be on the short list of place’s I’d go*. In fact, its almost a compliment.
*Admittedly, I know nothing about Greg Boester.
Isn’t Citadel a college in South Carloina. What do they have to do with Morgan Stanley?
It’s also possible that these JPM executives have been to Chicago, seen it, and decided to have nothing to do with New York ever again.
It’s called the “Ferris Bueller effect.” Working for Ken Griffin is just a bonus.
what are Citadel associate numbers?
Bess you did it again. Kudos.
guest @1:32, I really hope that was an obscure joke that I didn’t get. Otherwise, wow.
guest @1:32, I really hope that was an obscure joke that I didn’t get. Otherwise, wow.
How many times are you gays gonna use the same jokes?
I understand from reliable sources within the Uncle Sam organization that the name Greg Boester is on the list of financial terrorists who are to be rounded up and destroyed.
Very public examples are to be made of the most grevious offenders.
Enjoy your brief time at Citadel, Greg, because soon you won’t have enough money for bus fare back to New York.
Clowns…
Don’t think this can’t happen. The public anger with Wall St has about reached explosive proportions.
The Guy from Delaware
GB … dbag … yup! By the way, the structured fin. group of Citadel relocated to NYC as of a month or 2 ago which is where Boester is going along w/ the other JPM guys.
fuck jamie…who would you rather work for, a deposit taking commercial bank or a cutting edge aggressive hedge fund…i hope ken cleans the place out and leaves jamie’s ass in tatters…
loren
fuck jamie…who would you rather work for, a deposit taking commercial bank or a cutting edge aggressive hedge fund…i hope ken cleans the place out and leaves jamie’s ass in tatters…
@#23/24…
“who would you rather work for, a deposit taking commercial bank or a cutting edge aggressive hedge fund”
Hey asshole, Just what we need, more “cutting-edge, agressive” financial products.
We have plenty already, thanks.
The Guy from Delaware
Boester is the man and will be dearly missed…all you bloggers need to unpack your Lehman boxes and get your resumes on the street…maybe BofA will hire you!
Boester is the man and will be dearly missed…all you bloggers need to unpack your Lehman boxes and get your resumes on the street…maybe BofA will hire you…they’re looking for good tellers!
Boester is the man and will be dearly missed…all you bloggers need to unpack your Lehman boxes and get your resumes on the street…maybe BofA will hire you…they’re looking for good tellers!
Boester = Asshole
Boester = Asshole
Boester = Asshole
Boester = Asshole