• 30 Jan 2009 at 11:58 AM

Crab-Hands Going Down

We don’t have to tell you that times are extremely tough. With so many individuals and institutions taking it up the A, it should come as no surprise that even the once most successful among us are cutting corners, where they think they can get away with it. Employees at Morgan Stanley are sharing computers, the staff at Citi are sharing pencils, and the ladies at SAC have been allotted ONE pair of stilettos per portfolio team. So Blackstone founder Steve Schwarzman probably didn’t think it was a big deal when he (or one of his deputies) decided to try and scam the FT, in a cost cutting effort. But Crab Hands THOUGHT WRONG. Cityfile reports that CH, I shit you not, is being sued by the FT for allowing employees to all share one log-in, rather than pay for separate online subscriptions.

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Comments (28)

  1. Posted by american bandersnatch | January 30, 2009 at 12:06 PM

    So he’s the one that destroyed the newspaper business.

  2. Posted by guest | January 30, 2009 at 12:06 PM

    too much crab didnt hands

  3. Posted by guest | January 30, 2009 at 12:10 PM
  4. Posted by Seaman Bodine II | January 30, 2009 at 12:16 PM

    Wow – Big Dough could probably get on that too, and sue every broker dealer out there.

  5. Posted by Anal_yst | January 30, 2009 at 12:17 PM

    perhaps the braintrust over @ FT.com should pull their heads out of their asses with the delusional idea that all their readers have unlimited corporate spending accounts for subscription services (Felix Salmon has covered this in debt, fwiw)

  6. Posted by guest | January 30, 2009 at 12:18 PM

    He should just buy the FT.

  7. Posted by guest | January 30, 2009 at 12:19 PM

    Bloomberg logins, anyone? I’m shocked they haven’t switched to a scheme where you chop off and donate a finger which is then matched against your stump each time you login.
    Now that’s crab hands.

  8. Posted by american bandersnatch | January 30, 2009 at 12:22 PM

    Not sure that the FT is going to be sympathetic to crab hands being cost concious after blowing a gazillion bucks on having Rod Stewart sing “Da Ya Think I’m Sexy”.

  9. Posted by guest | January 30, 2009 at 12:25 PM

    login: login
    password: password
    try it, it works.

  10. Posted by Seaman Bodine II | January 30, 2009 at 12:27 PM

    Wow – Big Dough could probably get on that too, and sue every broker dealer out there.

  11. Posted by guest | January 30, 2009 at 12:29 PM

    Cant’t compare, didn’t Lycan

  12. Posted by guest | January 30, 2009 at 12:29 PM

    Can’t compare, didn’t Lycan

  13. Posted by guest | January 30, 2009 at 12:32 PM

    @2 you are a twat

  14. Posted by guest | January 30, 2009 at 12:35 PM

    for the record, i have given a great deal of people the password to my “guest” login on dealbreaker…

  15. Posted by guest | January 30, 2009 at 12:38 PM

    anyone got a CapIQ login handy? T1 banker?

  16. Posted by guest | January 30, 2009 at 12:41 PM

    props to 14 !
    I sell market forecasts via subscriptions and I was calling on one prospect and he said, “Well, are you as good as this guy…” and showed me my own document! And he was getting it sent to him from a certain investment banker who wasn’t a client either.
    Go get ‘em FT!

  17. Posted by guest | January 30, 2009 at 12:48 PM

    @ 6 – He was to cheap to buy a couple of subscriptions what makes you think he wants to buy the paper to get access to articles -
    Unless you are trying to show everyone how much money he has – in which case it just highlights how f’ing cheap the bastard is or is it just the fun of not doing the right thing

  18. Posted by guest | January 30, 2009 at 1:00 PM

    If the Lycan fits, wear it!

  19. Posted by TheBlackstoneGroupie | January 30, 2009 at 1:05 PM

    Err, well, he is trying to conserve capital. As long as I keep receiving my $0.30 QRD per unit, I don’t mind. :D
    HOWEVER, I do have a problem with BX not having an annual shareholders meeting. Being a unitholder (LP), that is the same concept of purchasing a Phish concert ticket, but there not being a concert venue to see them perform. :( Crab hands…bwahahahha This forum ROCKS!

  20. Posted by NegativeConvexity | January 30, 2009 at 1:39 PM

    Dear Ms Bess,
    Best wishes to you and EP for a wonderful Year of the Ox.
    Please allow me the indiscretion of taking note of your markedly subdued prose as of late.
    It is quite disconcerting to pull up DB and not be horrfied by some of the most coarse, vulgar, twisted language that consistently produces a squeamish, emasculated feeling in 98% of DB readers…
    Bess, say it ain’t so, honey!!!!

  21. Posted by guest | January 30, 2009 at 1:46 PM

    “98% of db readers”
    actually, that’s just you, dinosaur douche who’s been commenting how horrified he is by bess’s use of the word ‘ass,’ etc for about the last 6 months.
    go fuck your wife missionary style, victorian-boy.

  22. Posted by NegativeConvexity | January 30, 2009 at 1:49 PM

    Hey mushroom cap @21,
    pull your tiny half-incher out of the peanut butter jar and read what the fuck i am actually saying…

  23. Posted by guest | January 30, 2009 at 1:51 PM

    @22/20- i read it. “lately” you’ve “noticed” how subdued she’s been (actually, wrong, but whatever). prior to that, when, according to you, she wasn’t subdued, you made a habit of commenting how horrified you were by use of phrases like ‘rectal prolapse,’ etc. because you’re a douche.

  24. Posted by guest | January 30, 2009 at 1:53 PM

    @20- only guys with half-inch dicks (you) are emasculated by a girl using “twisted” language like “ass bleeding.”

  25. Posted by guest | January 30, 2009 at 1:55 PM

    @20, you’re emasculated by words?
    How the fuck do you get up in the morning? It sounds like you have had your ass ripped by a guy named Bubba in your past, and you can not get passed the experience…
    Grow a pair of Balls… life is a contact sport…

  26. Posted by guest | January 30, 2009 at 3:11 PM

    wait… someone actually wasted brain cells to save $7 a month per employee? what’s next? maximum 10 second pisses twice a day?
    crabcakes should fire whichever retards figured this one out.

  27. Posted by Novice | January 30, 2009 at 3:46 PM

    @21 You should advise him to keep the lights on during the act.

  28. Posted by guest | January 30, 2009 at 4:11 PM

    good
    bankers deserve dog dodo! thats right, dog dodo!

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