Charlie Gasparino reports that John Thain’s inner circle at Merrill “is in the process of being purged.” Dun-dun-dun. The circle jerk includes Noel Donohue, head of risk management, Mary Lee, JT’s chief of staff, and Margaret Tutweiler, head of communications and corporate affairs. All are gone as of today. The fluffer and Mariachi band, who are said to travel with JT at all times, are rumored to be on the way out themselves. In related news, Gasparino is hearing about emails regarding who knew what and when, that Andrew Cuomo is said to be interested in.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Too fluffer, didn’t nut.
Layoffs? You wanna talk about layoffs? Layoffs!?
Arthur Nadel turns himself in
http://www.cnn.com/2009/CRIME/01/27/fund.manager.surrender/index.html
cuomo is putz
Lay off JT…oh wait, uh, lay on JT…wait, no. Ah, forget it.
I think it’s actually dum-dum-dum.
By the way, the whole sphere thing is annoying. Was that the new guys idea?
what a witch hunt…everyone with half a brain at MER, LEH and the rest of the sheisters-dealers knew about insolvency by the summer of 2007…i’ve got emails from folks at those firms, about that…big f’ing deal
the idea that BAC didn’t know MER was bk elton john style is silly
@7 – I agree completely.
Sphere is worse than Gasbag frothing at the mouth.
wasn’t Margaret Tutweiler in the Bush I administration?
Fluffer. Mariachi Band. Spit. Coffee. On. Computer.
In my dream I am Mr. Blonde, Gasparino is Officer Marvin Nash.
@7-
1. it’s duN.
2. who is this new guy you speak of?
3. among all the things you could whine like a little bitch about, this is what you choose? seriously?
First they came for the Jews, and I did not speak out because I was not a Jew. Then they came for the Communists, and I did not speak out because I was not a Communist. Then they came for the trade unionists, and I did not speak out because I was not a trade unionist. Then they came for me, and there was no one left to speak out for me.
sphere-clops
In my dream I am Mr. Blonde, Gasparino is Officer Marvin Nash.
First they came for the Jews, and I did not speak out because I was not a Jew. Then they came for the Communists, and I did not speak out because I was not a Communist. Then they came for the trade unionists, and I did not speak out because I was not a trade unionist. Then they came for me, and there was no one left to speak out for me.
Then they came for the doubleposters, and I not only didn’t speak out, I applauded.
What about Nelson Chai? JT likes him a lot.
@2: Nice!
Im starting to think that Stan O’Neal did not so such a good job as MER chairman
So Thain has BAC people purged, but then Lewis purges Thain and his people, leaving us to wonder why the BAC people should not come back. But then, the board purges Lewis and, presumably, his people, leaving us to wonder who the hell will run this joke of a company.
Then they came for the doubleposters, and I not only didn’t speak out, I applauded.
Kind of off-topic, but is Henry Blodget gay?
Kind of off-topic, but is Henry Blodget gay?
@23 – someone please help us..
Who will run BAC? How about the jokers that took a couple bucks off of Pfizer’s market cap yesterday with that buy of Wyeth -
@13/17 – Nice. I can smell the gas and hear the Stealers Wheel in the background.
13/17/29 Ah, Reservoir Dogs. Stealers Wheel, Stuck in the Middle WIth You (now always flinch when I hear that song), but whats “gas”
13/17/29 Ah, Reservoir Dogs. Stealers Wheel, Stuck in the Middle WIth You (now always flinch when I hear that song), but whats “gas”
29 Never mind: the gasOLINE… I’m squirming even more now.
@11 Tutwiler was born rich to a family in Birmingham Al. I beleive it was one of the families that made their money by owning movie theatres, but I could be confusing them with another well known Birmingham family.
She is the former ambassador to Morocco and was a career political hack until she ended up on the board of the NYSE. Oh well, pays to be born rich and connected.
is Montag still there??
Fire Thain’s inner circle of banking bumpkins next. A redneck named Jim Forbes for Asia banking head? Please please…