Despite being up nearly 25% in their flagship fund, (non-trader) employees at Caxton Associates were supposedly just informed that they will receive nothing vis-a-vis bonuses this year. Traders will be gifted with a “crushingly smaller” percentage of the return on their book.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Deflation. Its a bitch.
i don’t believe this
easy money went *poof*
this bonus fight on cnbc is arousing…please stab dennis kneale.
you guys all drink the liberal media kool-aid – all of these bonus stories are either exaggerated or untrue. Take a look around NYC – restaurants are still packed, etc…the liberal media overblows the extent of this recession and you cannot convince me otherwise.
Well, it’s good to know you’re open-minded.
@3
I was going to type something witty but my liberal keyboard intercepted the message.
@5
Are you daft, son? The effects of recession (layoffs, severe decrease in credit and “wealth”, etc) take quite a while to sweep through the whole system.
Give it time, young padawon, give it time…
@5 you eat the best meal of your life right before they sit you on the electric chair. Or, “eat drink and be merry for tomorrow we [will] die”. Or, might as well max out my credit cards because I’m filing for Chapter 7 come the 1st. Or…
so true 10- we all need to bulk up on the unsecured debt a bit more before filing.
@5 The McDonald’s you were enjoying your dollar menu feast at does not qualify as a packed “restaurant”.
false.
@5 If you’ve been asleep for a year and just woke up, you might want to turn off Fox news and pick up a copy of FT.
@5- Stopped reading after “liberal media.” Yahoo finance is missing a kook.
SPODE
@5
Kid, you’re on a roll. Enjoy it while it lasts, ’cause it never does.
@10,
He speakada truth.
@5
You sounda lotta lika a boy who kissa da boyz. In my country, we notta lika dat.
- Re-constituted America circa 2028
@15 WIN!
@15 WIN!
@5 Since when did they start allowing accountants in Arkansas Wachovia branches to start accessing the interwebs?!
That is BS
@5, didn’t they execute the iraqi information minister?
how’d u escape?
Oil under $39.
It may be bad here but it’s gonna be a whole lot worse in the petrol states…
What’s caxton?
@25, Bruce Kovner’s fund
if u ask who’s Kovner then u need to go back to yahoo
You don’t get a bonus if no one has any idea what a Caxton is.
Erin Burnett is rather doable at the moment. Discuss…
@15 Hi-larious!
@ 26. language barrier?
Who said restaurants are doing fine? These days you get ready dinner reservations at most restaurants on weekends. I remember not being able to get a table at half decent restaurants on weekdays just a year back!
And just wait until the severence pay from the 3rd quarter firings runs out.
@17 – nice touch on the Wall Street quote
@5 – see @6
@28 Erin Burnett is always very do-able. I was extremely jealous watching her fawn over Sam Bradford yday morning…
Thankfully she flirted with me through the TV as usual in the afternoon so my jealous rage abated…
@34
bradford is a tool. i hate florida, but take them to cover the points
Um, my buddy works at Caxton, is a conservative, and they’re not getting bonuses. It’s not untrue.
Take that Brian Cook!