We have no idea what the cause might be. Friday? Boredom? Unemployment? Whatever the case, the tips are pouring in to the Bess Levin hot tips hotline(tm). Ironic that this should happen on the afternoon when Bess is on assignment. The latest:
Harvard Management Co will be laying off 25% of its staff.
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25% of total staff, but 100% of the Yale Grads that work there.
To Veri, didn’t Tas
Too nerdy, didn’t read.
@2 – well played…
@4 Better played if he could spell properly.
I have a hot tip for you right here.
Fif
UTIMCO head up and quits when questioned about big bonuses and big losses.
http://www.star-telegram.com/804/story/1188254.html
Loose lips equals hot tips. Keep the tips coming you dirty whores. I love this sight!
SPODE
Aight, I’ll bite. What’s Levs bringing this fine Friday afternoon? Assignment = doing shooters at Blue & Gold?
@5 – I know, didn’t have the heart to burst his/her bubble…”a” for effort, c- for execution (must work at bofa)
were the harvard cuts made today?
WOW, Harvard has gone to hell since Drew Gilpin Faust became President. And people wonder why Harvard only had male Presidents. What does a Civil War professor who wishes the South won the Civil War (she’s from Virginia, and trust me, books she’s authored blantanty show her sympathies towards the Stars and Bars) know about financing?? She didn’t even own her own home when she was at Radcliffe; Harvard provided her one as an incentive to poach her from the University of Pennsylvania. Man, I can’t WAIT to return to Cambridge next week!
Drew Faust, Harvard’s UGLIEST and WORST President…I bet now they miss “Lounge Lizard” Lawrence H. Summers.
Hey @13……Harvard MBAs have destroyed more capital than Civil War professors, you dipshit.
~Col. Lingus, 5th Georgia Volunteers and “Anti-Zouave Uniform” Advisor.
@Cluz – Look at you, snarkypants!
@13 – What are you even talking about?
breaking news on wsj that hmc is cutting 25%. who broke first?
faust gave a speech here a few weeks back that threatened undergrads who pursue finance “you will regret it”.
Gasparino often gives himself a dirty sanchez when he is nervous or bored.
I second @10. What’s a typical DB “assignment”?
All right #4 and #5, I’ll bite. Are you saying Veritas isn’t spelled correctly or am I missing the point? (Not the first time)
What was the last assignment that Bess did? Interview with the coffee guy in front of Lehman.
Is she on a job interview?
@blndebnker – easy there killer. when you get back next week, I’ll organize another get together. and for the record, I didn’t think that was too terribly snarky…
@19 – only four words there buddy, and one is spelled wrong. Clue: its not Veri or Tas.
@21
how was the date? is blndebnker hot? been curious…
@13 clearly by Cambridge you’re going back to visit your alma mater Lesley college because you have no fucking clue how Harvard works.
@5, @11 – Uhh … what?
Harvard’s motto is “Veritas,” which is Latin for truth. Other than splitting the word into the proper two-fragment form for the “Too xxx, didn’t yyy” tagline, what was spelled improperly?
Not @2
@25
Too!!!!! not, “To”
for chrissakes, let’s focus here
@Cluz – Oh I know just teasing! It was fittingly snarky.
Damn @25, you are dumb.
Look at @2 again. To be dumb or not too be dumb, that is your question.
@9…that is hilarious. Whores and loose lips go hand in hand.
what’s a “harvard”?
@29- That’s why they keep you coming.
go back too yahoo finance
@2…very nice…
I heard 40 TO 50%
“To” trivial, didn’t spellcheck
Someone’s just forwarding FundFire headlines…
I heart Bess
CNBC is behind as usual thye ran it at 1 30
I do know how Harvard works, actually.
(1) Students and donors-accounts receivable;
(2) Faculty, administration and other employees-accounts payable.
Wow, being nothing more than a pawn to enrich the endowment of Harvard Corporation.
Ivy League in short:
One attends Harvard for the bragging rights.
One attends Yale to join Secret Societies.
One attends Princeton because one was rejected from Harvard and Yale, and actually wants to have an education!
And one attends Brown just to party.
I PREFER Brown over any Ivy League school…the other schools treat Brown like grass, they just step all over it.
Dartmouth, University of Pennsylvania, Cornell and Columbia, don’t have an opinion.
Oh, and Lesley University has something that $$$ can not buy that Harvard students lack, and that is a personality! I have partied with Lesley students, so don’t knock them!
Hey dick cheese. To Veri – mean “to seek”….
Too latin, didn’t get.
is this Basaltic or Andesitic lava?
Its obveus that once again I must chime in hear to bring clarification to the masses.
Number too speled everyting corectly he just used the wrong two. So # five it was a grammer problem;, [not speling.].
@5- appologize to the class and pic up you’re construction paper and glue and wait outsides.
@26- thank you. Your my best little helper.
@2- *HUG*
SPODE
Hi, I’m the CEO of a Hedge Fund. What is Harvard?
Does anyone else hate the Blackstone Groupie?
Can we get a vote going and ban him?
All your endowments are now belong to us!!!
@44 – I just want to know why he/she feels the need to bestow all of his/her knowledge on us. Does he/she expect us to be impressed?
44 Ban people from a public forum that you find merely annoying? Then its not a public forum. How bout just ignoring him if you feel that way.
@44
why so angry? this is an anonymous website, dude. don’t take it so seriously.
not blackstone groupie
@46
Impressed???
bwahahahaha
I probably could do your job, better than you…and for a more affordable cost.
Where do you work, btw???
Dylan Ratigan is very displeased with the level of intelligence displayed on this blog today. Please improve.
Dyl-Rat
improve *this*, ratigan. you’re not the boss of me. anyway, intelligence is overrated. nothing more entertaining than the 3 stooges and/or booger jokes.
- ivy league MBA man/financial genius
@44
Just ignore and it will go away.
Things like this thrive and flourish the more attention you draw to them.
@43
Hi, I’m the CEO of Harvard Management Co. What’s a Hedge Fund?
@44 & @52
“Don’t Let it Bring You Down” by Neil Young
Old man lying by the side of the road
With the lorries rolling by,
Blue moon sinking from the weight of the load
And the building scrape the sky,
Cold wind ripping down the allay at dawn
And the morning paper flies,
Dead man lying by the side of the road
With the daylight in his eyes.
Don’t let it bring you down
It’s only castles burning,
Find someone who’s turning
And you will come around.
Blind man running through the light of the night
With an answer in his hand,
Come on down to the river of sight
And you can really understand,
Red lights flashing through the window in the rain,
Can you hear the sirens moan?
White cane lying in a gutter in the lane,
If you’re walking home alone.
Don’t let it bring you down
It’s only castles burning,
Just find someone who’s turning
And you will come around.
Don’t let it bring you down
It’s only castles burning,
Just find someone who’s turning
And you will come around.
@44
As I said, just ignore it.
@53,
hedge fund – a mythical entity much like a dragon, unicorn, or cyclops that was purported to have the ability to “hedge away” or remove exposure to common market risk factors.
would it be pretty funny is this individual could do a better job than those who are criticizing him or her?? that is a scary thought.
@56
too true, didn’t read.
@Groupie – See this is your problem. You clearly have a very low sense of self-worth and come on to a forum such as this to show everyone what a big swinging dick you are. You feel the need to attack others and belittle them so as to inflate yourself. The funny part is that I didn’t criticize you at all yet you felt the need to go on the offensive against me. I pity you sir/madam. And I’m not impressed.
As for what I do and where I work : I’m very satisfied in the job I do and do not feel the need to broadcast it to the insecure likes of you.
@23 – all I will say is that it’s good to put a face to a name.
@44 – they tried to get TGFD banned, didn’t work so well. he was harassed to the point that he went away for a while (kind of like a “time-out” for kids), now he’s back. it’s good to have a few kids to kick around…after all, this place would be dull if it was just a bunch of cookie cutter bankers patting themselves on the back all day (right?).
@Cluz – good lookin out
@59
Low self-worth??? Attacking others??? Belittling them to inflate oneself???
I thought that was the purpose of this forum!! j/k
Does not matter if you are “satisfied” in your job, are you “secured” in your job that matters.
You must work for GS… :D
You are the one with the “I am all that, and then some” attitude.
Maybe if you were Henry Kravis or Stephen Schwarzman, then I would listen to you…but you aren’t.
Blndbnkr, what a funny handle. You must have been involved in the securitization of CDOs, I bet. :D
@54,
That’s my favorite song of all time, but you’re still a jackass.
Of course I am a jackass, I admire “asset strippers” such as The Blacktone Group and KKR. At least I can say they have an “honest” economic model.
“We are going to take your company private, and overleverage it with debt. Then we are going to sell pieces of it off to pay off this debt, and raid its healthy pension fund. During this process, we will also send in efficiency experts to downsize the amount of workers, and further cut costs by not investing in R&D.”
Long live PE, the nectar of endowments, foundations and pension funds…
@39 went to public school
bush league
@59
You got the @groupie guy all wrong. He’s alright. For one I’m glad he didn’t mention my school, the really good one in Cambridge who appointed its first female president before Harvard had to.
@56 Grail = absolute returns and John Paulson = Parzival?