• 22 Dec 2008 at 5:30 PM

Write-Offs: 12.22.08

By Bess Levin

$$$ Fairfield Greenwich Is Sued Over Madoff Investment [Dealbook]
$$$ Rent Bernie Madoff [Cityfile]
$$$ HSBC banker found dead [Times Online]
$$$ U.S. Helicopter Hopes to Resume Downtown Flights [City Room]
$$$ Brunswick Group Suspends Wife of Ex-Lehman Salesman [Bloomberg]
$$$ The Cause of, and Solution to All of Life’s Problems [1-2]

Comments (13)

  1. 1
    Posted by guest | December 22, 2008 at 5:52 PM

    I don’t understand why places publicize bankers doing that – what exactly is the purpose? So people can say “he deserved it!” or say something bad about the bank he was working at.
    Most people have the ability to handle stress even when it’s bad, obviously he couldn’t and should have had help but nobody knows what was going on in his life that contributed to it.

  2. 2
    Posted by guest | December 22, 2008 at 6:12 PM

    I hope he left some cash for the cleanup crew.

  3. 3
    Posted by guest | December 22, 2008 at 6:13 PM

    ***Spielberg making a movie about the “Madoff Jews”…
    …it’s called “Swindlers List”, and it’s a financial holocaust story about a group of crooks taken in by an even bigger, sneakier crook. You’ll laugh….you’ll cry….you’ll check repeatedly for your wallet.

  4. 4
    Posted by guest | December 22, 2008 at 6:27 PM

    That was a good one.
    Spielberg hasn’t made many good movies recently so he could use the work.

  5. 5
    Posted by Barack Obama | December 22, 2008 at 7:24 PM

    Word on the street is that the Fed will begin buying equities sometime soon to prop up 401k’s…

  6. 6
    Posted by guest | December 22, 2008 at 7:29 PM

    Jonny Walker ? ! Slow news day?

  7. 7
    Posted by guest | December 22, 2008 at 7:29 PM

    Just two good not too click.
    Tricky dicky
    Clicky wicky
    Fa raw raw raw raw
    Raw raw raw raw
    http://www.youtube.com/watch?v=46WcFObgYhI
    SPODE

  8. 8
    Posted by guest | December 22, 2008 at 9:38 PM

    @1: Because bankers offing themselves during downturns is as American as Apple Pie and Motherhood. But wait, this guy was British… Um, never mind.

  9. 9
    Posted by guest | December 22, 2008 at 9:48 PM

    Re. the HSBC banker.
    From the previous post on the Wickford Fund:
    “Wickford Obtains 3-3.25x Leverage via a Total Return Swap from HSBC Bank.”
    Any relation?

  10. 10
    Posted by guest | December 22, 2008 at 11:10 PM

    First bitches!

  11. 11
    Posted by Lowly Assistant | December 22, 2008 at 11:17 PM

    1,
    You’ve become the inverted populist. This industry is struggling, just as the automotive business is struggling. If an autoworker did himself in tomorrow, we’d read the headline and shrug our shoulders. Show some decorum.

  12. 12
    Posted by guest | December 23, 2008 at 9:30 AM

    @10 – not even #2 or #3 – that’s pretty bad.
    @11 – no, if a autoworker did himself in, there would be waves of sympathy, offers of support, self-flagellation in the press and calls for an expanded bailout. Auto workers good, finance professionals bad. Remember, it was ‘Joe the Plumber’, not ‘Joe the structured finance guy’…

  13. 13
    Posted by NotNasser | December 23, 2008 at 11:52 AM

    “U.S. Helicopter”?
    Is that the one Bernanke’s been using?
    It must need a lot of maintenance, he’s giving it a workout!

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