If you're going to shame a "website" for putting up what was in fact a rumor, don't send David Faber out on the air an hour later to muse that "Citadel has been down around 26 percent- or so they say" and then "from what I'm hearing, there are a lot of questions about forced selling out there."
Comments
5
Posted by guest, Oct 16, 2008 9:42AM
"I better not get scooped on this story."
"You better call me back before this
hits the tape."
Dealbreaker > CNBC on every level.
7
Posted by guest, Oct 16, 2008 9:49AM
Gaspo mentioned the site but wouldn't mention the name, good or bad?
8
Posted by guest, Oct 16, 2008 9:51AM
i don't think the issue is with gaspo, but the fact that, following his segment, faber went out and basically put up the rumor db put up on tuesday, after cnbc had "shamed" db for posting it.
9
Posted by guest, Oct 16, 2008 9:52AM
Kinda curious:
the alleged 40% loss, was it before Monday's rally? And the actual 30%, was that right after Monday's close? Just wondering. I mean, I do not suppose they had a 10% swing in one day (after all they hedge, right? ), but -40 and -30 are suspiciously round numbers, which might really stand for, say, -37.2 and -33.1, or something like that.
10
Posted by guest, Oct 16, 2008 9:52AM
@7- not sure. though he say "i know the kids, they're good kids"
11
Posted by guest, Oct 16, 2008 9:53AM
@9- the number is clearly closer to 40 than 30. especially since griffin wrote in his letter, basically "get ready for way more volatility" i.e. he's going to break the bad news in stages. 30, oh wait, 40.
12
Posted by PhilSeltzer, Oct 16, 2008 9:55AM
Is it me or is it hot when Erin talks about "back door stimulus"?
13
Posted by guest, Oct 16, 2008 9:56AM
@7- he wouldn't mention the name b/c he's bitter he didnt have the story first. think about it- it would've been classic cnbc to report that rumor, but because they didn't have it first, they had to take the other side and say oh, this is completely false.
14
Posted by guest, Oct 16, 2008 9:56AM
@10 - I heard that too....I took it more as him putting down DB by calling Bess et al "kids."
16
Posted by guest, Oct 16, 2008 10:01AM
Bess,
You should do a story about how Ken G went around to each of his top employees offices and basically made them donate at least $2,500 to Obama.
Check into it.....
17
Posted by guest, Oct 16, 2008 10:03AM
cnbc are bullies. Faber is a no talent card reader and Gasparino is in the mafia.
18
Posted by guest, Oct 16, 2008 10:03AM
@16- leave the political shit out of this. of course a chicago hf is going to support the presidential hopeful from illinois.
19
Posted by guest, Oct 16, 2008 10:05AM
bess-- faber's an easy take-on, but can you go head to head with the money honeys? they'll scratch your eyeballs out...
21
Posted by guest, Oct 16, 2008 10:08AM
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
Gasparino is in the mafia.
@17 u sure?
22
Posted by PhilSeltzer, Oct 16, 2008 10:11AM
20, so says CNBC, which sucks cause I'm in. Asks on paper were 60's. Trades as forced by Barclays were like 30's. This is my recollection and may be off a little.
23
Posted by guest, Oct 16, 2008 10:11AM
dealbreaker is just a rumor monger at this point. you're a bunch of opportunists who are taking this environment of fear and stoking whatever rumors you can. your reporting is crap and the content a joke. fortunately, with every untrue posting you become less and less relevant. enjoy your 15 minutes...
25
Posted by guest, Oct 16, 2008 10:12AM
@23- you're a moron. dealbreaker has consistently posted stories days before the MSM.
27
Posted by guest, Oct 16, 2008 10:14AM
@23 - Gasbag, is that you?
those 'rumors' have been consistently true. So maybe you can put on some sleeves
28
Posted by guest, Oct 16, 2008 10:16AM
16 And maybe follow it up on how Stan O'Neil did the same thing in favor of W during the 2004 campaign. News flash: thats how life works in the real world. In theory, folks should contribute a max of $5,000 to their firm's Political Action Committee, which then allocates contributions to candidates that will be helpful. Reality is that the PAC can only contribute a max of $5,000, which is not gonna get the firm heard. So someone important walks up and down the aisles and asks for "voluntary" contributions to candidates of choice. Its called bundling. No one likes it, but thats how the world of politics works.
29
Posted by guest, Oct 16, 2008 10:17AM
@27 if that was Gasbag the post would have included threats and requests for protection money
31
Posted by guest, Oct 16, 2008 10:18AM
Charlie g is short! Maybe only 5'8" or so, I know it pains all you other short men to think that 5"8" is short but it is.
33
Posted by guest, Oct 16, 2008 10:20AM
Shill for McCain more, Gasbag. Your taxes are going up no matter who wins because the US is going bankrupt otherwise.
-
On another note, this day is gonna be ugly.
35
Posted by guest, Oct 16, 2008 10:23AM
#23 - you do realize this site it heavily slanted toward jokes with some rumor, gossip, real news, and discussion put in. It's supposed to be fun...
Also notice that the Citadel story is on Bloomberg's mainpage now so somebody apparently got it right didn't they and far ahead of other news sources.
As for stoking fear. It doesn't need stoking. It's been burning since July 2007, most people were just too dumb or out of touch to notice. Plenty of signs of forest fire before that too.
36
Posted by guest, Oct 16, 2008 10:24AM
@19. Especially Michelle Caruso Cabrera. She can kill you with those Cabreras.
37
Posted by guest, Oct 16, 2008 10:26AM
@18 - the only reason I posted it is because its true. I know people who work there who stayed home those days as to not have to fill his bucket on that. Ken looks as Obama as someone who is weak in his economic policy and sort of a "blood in the water" scenario.
Not trying to grind an ax on Obama, just that I don't think employers should try and scare people into contributing for any candidate.
39
Posted by guest, Oct 16, 2008 10:27AM
From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)
40
Posted by Investorcluzo, Oct 16, 2008 10:29AM
bessy, once again you were first. fk the wsj and cnbc. the viral network is alive and well. let's all agree, gasbagarino has nothing on bess and her db tipsters.
given all the eyes on db these days, bessy, might be a good time to go after that raise you've been looking for...
separate topic: anyone else notice that jpm wrote down "toxic" assets to $0.25 - $0.55 on the dollar ($hiti looks to have written them down by a like amount). also, what's the story with jaime d selling $4bn of mortgage assets to...himself (trading book)? extrapolate to the other big banks and discuss.
41
Posted by guest, Oct 16, 2008 10:30AM
From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)
42
Posted by guest, Oct 16, 2008 10:31AM
From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)
43
Posted by guest, Oct 16, 2008 10:32AM
Hahaha. Well you seem to be getting under CNBC's skin. You didn't get the memo? Only they are allowed to have information slipped to them anonymously.
They are certainly grumpy. Guess looking at all their "GE holdings" is making them less than tolerant.
44
Posted by guest, Oct 16, 2008 10:34AM
OMG Bess just realized that now CNBC will try to pry your hands from that keyboard and phone and put you on the air. Are you ready for that? They love to eat up their competition.
45
Posted by guest, Oct 16, 2008 10:37AM
@18 - Look on Huffington Post Q2/2007 or any other campaign tracker. You'll see the surge
50
Posted by guest, Oct 16, 2008 10:43AM
@46 Sure I have lots to add. I could go through the donor list and tell you what role each most every person who donated plays there. Not too difficult.
52
Posted by guest, Oct 16, 2008 10:43AM
37 So all you had to do to avoid having to give a contribution was stay home that day? How convenient. Dont you think they would remember to ask again when you returned to the office. That little detail plus your fourth grade grammar makes me call BS on that one.
54
Posted by guest, Oct 16, 2008 10:45AM
47 Google her and you'll see. She looks a lot like that woman in the Superman movie.
57
Posted by guest, Oct 16, 2008 10:46AM
#18. You culd put what this guy knows about foreign policy in a thimble. You can put what he knows about the economy and the market in a quarter of a thimble.
So why would anyone on WS support him. He certainly isn't doing anything for them. Right?
58
Posted by guest, Oct 16, 2008 10:47AM
50 I mean anything to add to what 28 (me) said. Which describes how things work in the real world.
61
Posted by guest, Oct 16, 2008 10:49AM
http://fundrace.huffingtonpost.com/neighbors.php?type=emp&employer=Citadel&search=Search
62
Posted by guest, Oct 16, 2008 10:49AM
57 I have two words for you: Sarah Palin. Plus, McCain is much worse. At least BO has smarts.
66
Posted by guest, Oct 16, 2008 10:51AM
@57- you're a fucking idiot if you believe mccain/palin are more qualified than obama/biden
67
Posted by guest, Oct 16, 2008 10:52AM
what was the original citadel post that caused all this furvour about?
69
Posted by guest, Oct 16, 2008 10:52AM
@57- you're a fucking idiot if you believe mccain/palin are more qualified than obama/biden
70
Posted by guest, Oct 16, 2008 10:52AM
@57 i am so fucking sick of people thinking that because mccain fought in a war he knows shit about foreign policy.
71
Posted by guest, Oct 16, 2008 10:54AM
@57 i am so fucking sick of people thinking that because mccain fought in a war he knows shit about foreign policy.
73
Posted by guest, Oct 16, 2008 10:59AM
Here is the other one.
Using Citadel Investment Group in the search
Combined looks like around $200,000 or so from employees for and only $70,000 for GOP
74
Posted by guest, Oct 16, 2008 11:00AM
I didn't see the remark but if the oldsters at CNBC are referring to the DB as kids...perhaps the kids should send them over some suppositories, depends, fibercon,ensure,pillows and brochures for nursing homes in Boca
75
Posted by guest, Oct 16, 2008 11:01AM
@21. THERE IS NO SUCH THING AS THE MAFIA. The "Mafia" was a fabricated concoction created by Hollywood and fiction journalists.
76
Posted by guest, Oct 16, 2008 11:02AM
73 Duh... thats 65%D/35%R Is that so slanted? Esp when you consider, its money from smart, urban, affluent people that live in the city where the D is from? Give up on this one. Its how politics works. You hold you nose and write a check.
77
Posted by guest, Oct 16, 2008 11:07AM
CNBC, and especially Dylan Rattigan, have been trying to strike this populist pose lately ... did anyone hear his rant on Fast Money last night (okay, it was on at the health club). I wish that guy would just shut the fuck up. It betrays a true ignorance on how the world works.
78
Posted by guest, Oct 16, 2008 11:09AM
@76 - i think i touched a nerve. Should I bring up Citadel's relationship with Ameritrade?....would that fire you up more?
79
Posted by guest, Oct 16, 2008 11:14AM
78 You touched no nerve but simply prompted me to point out your naivete. Its simple: your observation that in a D city that is home to one of the candidates, the fact that among people who are likely to be affluent and intelligent (i.e. the employees of Citidel) 2/3 of political contributions went to the D candidate is totally unremarkable. Its simply the way the world works.
80
Posted by guest, Oct 16, 2008 11:14AM
#66. I think Obama/biden will mix it up with Pakistan and that Senator O is a closet war hawk. McCain is very very anti war.
81
Posted by guest, Oct 16, 2008 11:17AM
80 I've said it before. All of McCain's credibility went out the window when he chose Palin as a running mate. No way Sarah Snowpants can be taken seriously, which is an important consideration when the guy at the top of the ticket is as old as McCain. And he did look old in those debates.
82
Posted by guest, Oct 16, 2008 11:19AM
Old Gassybags is really stumbling over his words on his "scoop" of Highlander right now - why is he always so sweaty and hyper on the air?
84
Posted by Investorcluzo, Oct 16, 2008 11:28AM
no sleeves needs someone from make-up to stand by to wipe the shine off his forehead and chin. what a greaseball.
85
Posted by guest, Oct 16, 2008 11:29AM
@79 - I am not naive about the number of people in the Chicago Land area who are voting a certain way. I am also not naive about the fact that educated / affluent in Illinois will vote a certain way as well. What I'm pointing out is that Ken is trying and will successfully garner favor based on his support and that support was driven by "highly suggesting" that people support in a certain way. Thats just wrong - people should be free to do what they please and not feel they have to in order to not be added to some "did not donate" list. Thats it. I have no more to add.
87
Posted by guest, Oct 16, 2008 11:31AM
bess's photo
http://www.newsgroper.com/files/legacy/bess-and-skilling.jpg
88
Posted by blndebnker, Oct 16, 2008 11:38AM
@54 - That photo IS of Kate Bosworth in superman. It isn't Bess. Good lord.
89
Posted by guest, Oct 16, 2008 11:40AM
88 I know that. I was just hazing the new guy on the board. Or trying to. Next time dont ruin the joke. ;)
90
Posted by guest, Oct 16, 2008 11:42AM
remember that ad of Griffin stepping over the fissure with his briefcase? what a tool
91
Posted by guest, Oct 16, 2008 11:45AM
85 Once again see 28. Stan O'Neil was a "Bush Ranger", which is someone who bundles at least $100,000 in contributions. This is the way money greases the political machinery, on both sides of the aisle. Don't go making this an indictment against Obama.
94
Posted by guest, Oct 16, 2008 11:47AM
http://www.1440wallstreet.com/index.php/site/comments/game_on_cme_group_vs_doj_and_ken_griffin/
Here it is.
His eyes will burn a hole in your skull....
97
Posted by guest, Oct 16, 2008 11:49AM
http://www.cme.com/files/CME_Citadel_ad.pdf
HERE IS A BETTER ONE BESS!!
99
Posted by guest, Oct 16, 2008 11:58AM
2 things: number one< WHY DO WE NEED JOHN MACK TO TELL US WE'RE IN FOR A TOUGH RECESSION?? Where's he been? Guys like Peter Schiff have been all over that on Fox and others on CNBC, which yes, is the KING OF RUMORS. who listens to them anyway anymore, right Bess?
101
Posted by guest, Oct 16, 2008 12:26PM
A lot of us Italians are pretty short, some (but not me) might even have small dicks. But when all else fails, we get it done with our hands.
102
Posted by blndebnker, Oct 16, 2008 12:47PM
@89 - My sincerest apologies. There was a dude not too long ago that I think was serious as he did not defend himself.
105
Posted by guest, Oct 16, 2008 1:25PM
Gasparino is a wanna-be mobster. He's the real life artie bucco.
106
Posted by diablo, Oct 16, 2008 1:54PM
More market manipulation. Lock up the used car salesman from Microsoft.
SAN FRANCISCO (MarketWatch) -- Microsoft Corp. issued a statement Thursday that it has "no interest in acquiring Yahoo," after the software giant's CEO had suggested that a merger would make sense for shareholders.
107
Posted by guest, Oct 16, 2008 1:55PM
Take that! CNBC and your bunch of pompous self-indulgent know-it-alls.
108
Posted by guest, Oct 16, 2008 1:58PM
Take that! CNBC and your bunch of pompous self-indulgent know-it-alls.
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Posted by guest, Oct 16, 2008 9:36AM
Ohhhh take that no-sleeves!