Speaking of Kanye:
When the TARP was presented to Congress, Secretary Henry Paulson and others argued that the situation was dire, and that the failure of major financial institutions posed a systemic risk to our economy. The stated goal was to unfreeze credit so that banks can make loans to businesses and individuals. It was never contemplated that banks use their capital to make donations to organizations founded by a controversial figure like Jesse Jackson.
This will not end well.
TARP Inspector General Asked to Investigate Citigroup and Bank of America Donations to Rainbow/PUSH [Bloomberg]
Hey Soul Brothers – if you have a beef about Citibank, please get in line!
Too sensitive to people who are different than myself and any comments that may be considered offensive; didn’t read
How does Jesse ALWAYS manage to get tied up in some kind of scandal? Damn. Let me guess, did he deliver the damn package Madoff tried to send to his family? Sheesh Jesse. Go live in FL and fade into obscurity…
Where can I buy those BOGO “Don’t Short Me Bro” mugs?
Jesse and Al going to the penthouse to pray with Madoff.
Hey, you need to kick a fair share to the race pimps. Its just the way the system was set up.
dude – i can’t say that?
nothing make a nigga happier than not knowing the answer to yo question…. ask a nigga a question, any nigga….
hey nigga, whats the capital of zaire?
I DONT KNOW THAT SHIT, KEEPING IT REAL!!!!!
——————–
Send the nigs back to africa and take what measly pittance of savings they may have and use that to pay out a stimulus package.
Nig Nog: Guess it was time for some token Brother spew, guess we are all a little Jewed to the max, what with Bernie stories running 3 or 4 times a day now
i can’t say that, and those dudes can say that?
look, all i’m saying is vikram pandit came to my house, and he kicked my dog
anyway.
This be the beginning of Armageddon. Federal control of citi and BofA and MER and countrywide and whoever else. this be financial ruin.
WOW, the NLPC going after a liberal organization; I bet they wouldn’t give a rats ass if it was the Family Research Council
So Jewed out at the moment. When are we going to get a gratuitous Goomba story?
Jackson, Sharpton, et. al. are nothing more than ambulance chasers, seeking out the deepest pockets from which to extort funding their useless lifestyles. I’d like to think MLK would be disgusted by these charlatans.
http://www.youtube.com/watch?v=9pVTrnxCZaQ
Goomba + Jewey = Joombagewey.
Someone had to say it.
I always thought Pizza Bagel was the preferred term for that combo.
can a paki get a tabledance?
Pizza Bagel — I like that. Its easier to say than Joombagewey.
I enjoy a game of soggy cracker.
-Al Sharpton
I would just like to thank DB for finally doing something to take them off the pedestal I had them on by not editting 8′s absurd comment (but apparently editting Seaman’s). I can continue my work now
My wife complains like crazy, never satisfied with what I’m doing. Wants me to help out around the house more and watch less TV. Despite all the nagging, I still wouldn’t trade her for the world. Does that make me a nagger lover?
This Kanye claim is such crap. speaking from experience, during Merrill’s last two rounds of “reduction in force”, white 38-45 year old males took the brunt of the layoffs.
When his happened, plenty of underproducing white women, african american men/women, latino and other races other than caucasian remained because Merrill was so scared at any implication they let a minority or a white female go.
Kanye and Jessie Jackson, Sharpton and Obama are welcome to walk around Princeton, NJ these days and see the scores of white male zombies (not in university) getting their $5 Foot Long at Subway while pondering what is next.
Infact Merrill was so scared to get sued again for inequality that they are making available a list of people who were sacked, age, race, etc to those unfortunate victims. I will be more than happy to mail Kanye, Jessie, Sharpass and Obama the 50 page printout that was sent to me.
Sorry Kanye when you see this, you will not be able to make any racial claims. Infact it is so deep in wonderbread, the white males of ML should claim reverse discrimination.
@23 – do you have numbers for minority representation at mer? I’m not talking about analysts/associates or back office types. at the end of the day, there are plenty of said white 38-45 yr old males who are holding positions that could be filled with more deserving minorities.
I’m sure when you get to bac you’ll see that there are less than a handful of black male/females above the level of vp (and none at the md level in investment banking). this of course, does not include the s&t side which is much more of a meritocracy (you make money, you stay and get paid).
life isn’t fair, but please don’t try to say that the brother man is getting more than his fair shake.
@24
yeah, but the brothers get all the big booty all natural girls i so crave
call the HR department at ML. Tell them you want to see the list of people let go in latest rifs. They will gladly provide, if you say you were let go and want to know who else was. I dont have enough time in the day to count all of the WM’s on the list in the same functions you feel minorities are disadvantaged at!
this was ML firmwide, not just support functions. executive office aside there are alot of minorities in decent paying positions at ML. I dont know what BofA was like, sorry I cannot comment on that.
I know life isn’t fair. you get given a lemon, make lemonaide and sell it. But on this go around, in this job market, in this month where mass firings are expected, do you really feel that firms are going to make matters worse by letting a big chunk of minorities go? I have to disagree with you.
Employment Law 101 my friend.
Not to mention the scrutiny already on mortgages for minoritie. If I was HR at the firms Jessie has questioned, I would be quaking in my boots to sack a minority, unless I had hard solid evidence that will hold up in arbitration that the person I let go was not producing.
24 Cluz: To be fair you need to include analysts/associates. (But not back office types). Those are the farm team, they’re gonna fix the problem going forward.
@24 and 27, Thanks to Merrill’s dubious behavior and subsequent CDS spreads getting blown out.. The chief crackers Kanye and Jessie want to blame were sitting upstairs on 32 insisting budgets stay the same as the beginning of 2008, while not making themselves available to hear that key institutional client relationships were leaving the firm.
Alot of white male SVP, Directors/MDs in credit, legal, banking trading, and sales that did produce albiet lower numbers got shafted. This also included some analysts and associates in these front office client facing positions.
@26 – my point is that there aren’t any minorities left to let go. listen to what yourself:
“there are alot of minorities in decent paying positions”
what do you men? do they get paid a “living wage”, just not as much as you? that’s the issue, the minorities don’t have the jobs that pay the real money. fair or unfair, the WMs are being let go because they are the ones make more money and producing less. economics 101 my friend.
@27 – I would generally agree, but analysts are only expected to stick around 2 – 3 years then off to b-school, basic equivalent of day laborers. associates technically could be included, but I would start with 3rd years.
redo: listen to “yourself”; what do you “mean”. typing to fast, need my analyst to check the details…
@28 – at the last town hall, how many blacks did you see that were of said SVP, Director/MD levels? exactly, there weren’t any to shaft…
who fucking cares? nobody will have jobs in finance this time next year…some will go back to teaching tennis at camp, and some will go slang cane
@30 no problem. I should have said there “were” alot of minorities in decent paying positions. Stan even held minority events. And please dont think I am using Stan’s position to single anyone out. Also, please dont assume a white guy is always getting a better comp package than a minority either. It is so 1990′s.
It’s really back to the life isn’t fair comment. I was merely shocked that politicians or public figures in this job market with so many jobs being lost by innocent hard working front and back office people of any race (regardless of pay they willingly worked for), finds it necessary to pull the race card.
If BAC really is like that, they should be taken to task, but MER was not and I still maintain there are countless white women in ML’s herd that remain untouchable. Who know’s, but this time around it should be the race card in reverse.
This is political. EP knows that.
The National Legal and Policy Center (NLPC) is a 501(c)(3) non-profit group that monitors and reports on the ethics of public officials, supporters of liberal causes, and labor unions in the United States. Among the NLPC’s more high-profile targets have been hip hop mogul Sean Combs, Reverend Jesse Jackson, Senator Hillary Rodham Clinton (while she was first lady), and Senator Lisa Murkowski. The Center files complaints with government agencies, legally challenges what they view as abuse and corruption, and publishes reports. For its efforts, the NPLC has been praised by such media personalities as Rush Limbaugh. The current president is Peter Flaherty. The NLPC is viewed by many as a partisan group, not as a bona fide government watchdog organization.
29 Cluz: maybe the analysts wont stick around, but my “farm team” comment still holds: they’re gonna be filling the ranks somewhere.
Citi is one of the most progressive companies out there. They’ll lose your money regardless of race, class or creed. FAIL is color blind.
#36 FTW