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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Posted by aisincl , Jan 27, 2009 1:27PM
Too fluffer, didn't nut.
Posted by guest , Jan 27, 2009 1:28PM
Layoffs? You wanna talk about layoffs? Layoffs!?
Posted by guest , Jan 27, 2009 1:29PM
"Good luck with your layoffs, Bob. I hope they go real well."
Posted by guest , Jan 27, 2009 1:36PM
Arthur Nadel turns himself in
http://www.cnn.com/2009/CRIME/01/27/fund.manager.surrender/index.html
Posted by guest , Jan 27, 2009 1:39PM
cuomo is putz
Posted by guest , Jan 27, 2009 1:43PM
Lay off JT...oh wait, uh, lay on JT...wait, no. Ah, forget it.
Posted by guest , Jan 27, 2009 1:45PM
I think it's actually dum-dum-dum.
By the way, the whole sphere thing is annoying. Was that the new guys idea?
Posted by Seaman Bodine , Jan 27, 2009 1:48PM
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
Posted by guest , Jan 27, 2009 1:49PM
@7 - I agree completely.
Posted by guest , Jan 27, 2009 1:49PM
Sphere is worse than Gasbag frothing at the mouth.
Posted by guest , Jan 27, 2009 1:52PM
wasn't Margaret Tutweiler in the Bush I administration?
Posted by guest , Jan 27, 2009 1:53PM
Fluffer. Mariachi Band. Spit. Coffee. On. Computer.
Posted by guest , Jan 27, 2009 1:53PM
In my dream I am Mr. Blonde, Gasparino is Officer Marvin Nash.
Posted by Bess Levin , Jan 27, 2009 1:56PM
@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?
Posted by guest , Jan 27, 2009 1:57PM
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.
Posted by guest , Jan 27, 2009 1:57PM
sphere-clops
Posted by guest , Jan 27, 2009 1:58PM
In my dream I am Mr. Blonde, Gasparino is Officer Marvin Nash.
Posted by guest , Jan 27, 2009 1:59PM
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.
Posted by guest , Jan 27, 2009 2:04PM
Then they came for the doubleposters, and I not only didn't speak out, I applauded.
Posted by guest , Jan 27, 2009 2:04PM
What about Nelson Chai? JT likes him a lot.
Posted by guest , Jan 27, 2009 2:07PM
@2: Nice!
Posted by guest , Jan 27, 2009 2:07PM
Im starting to think that Stan O'Neal did not so such a good job as MER chairman
Posted by guest , Jan 27, 2009 2:09PM
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.
Posted by guest , Jan 27, 2009 2:13PM
Then they came for the doubleposters, and I not only didn't speak out, I applauded.
Posted by guest , Jan 27, 2009 2:16PM
Kind of off-topic, but is Henry Blodget gay?
Posted by guest , Jan 27, 2009 2:21PM
Kind of off-topic, but is Henry Blodget gay?
Posted by guest , Jan 27, 2009 2:22PM
@23 - someone please help us..
Posted by guest , Jan 27, 2009 2:45PM
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 -
Posted by guest , Jan 27, 2009 2:46PM
@13/17 - Nice. I can smell the gas and hear the Stealers Wheel in the background.
Posted by guest , Jan 27, 2009 2:53PM
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"
Posted by guest , Jan 27, 2009 2:53PM
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"
Posted by guest , Jan 27, 2009 2:55PM
29 Never mind: the gasOLINE... I'm squirming even more now.
Posted by guest , Jan 27, 2009 3:28PM
@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.
Posted by guest , Jan 27, 2009 3:50PM
is Montag still there??
Posted by guest , Jan 27, 2009 4:33PM
Fire Thain's inner circle of banking bumpkins next. A redneck named Jim Forbes for Asia banking head? Please please...