$$$ Cheer up: cocaine prices are falling [Cityfile]
$$$ Goldman Sachs Exec's Retirement Seen Tied To Succession [DJ via Clusterstock]
$$$ Coping When a Close Co-Worker Is Laid Off [WSJ]
$$$ Wilbur Ross: Obama Foreclosure Fix Not Enough [Housing Wire]






Posted by guest , Feb 19, 2009 5:30PM
Coke is to Wall Street as heroine is to ___________
Posted by Lowly Assistant , Feb 19, 2009 5:35PM
Batwoman?
Posted by guest , Feb 19, 2009 5:36PM
@2- the 2-1-3
Posted by guest , Feb 19, 2009 5:36PM
@1--a hero
Posted by guest , Feb 19, 2009 5:44PM
Winkie was fired by Buffet who couldn't stand Winkie's douchebaggery. I thought everyone knew that. No mystery there.
The Guy from Delaware
Posted by guest , Feb 19, 2009 5:44PM
Anybody know who is likely to succeed Blankfein?
Posted by guest , Feb 19, 2009 5:45PM
Why do you have to feel bad when someone gets laid off? Can you just wait until they leave and then search through their desk for the good stuff?
Posted by american bandersnatch , Feb 19, 2009 5:47PM
coping when a co-worker is laid off? I usually ransack their office / cubicle looking for any good stuff.
Posted by guest , Feb 19, 2009 5:49PM
is this shit real; this is below Big-4
Fucking A, my 2007 severance is MD $ plus enough for SVP $ in 2008
---------------------------------------
Analyst 1 $2,000-$4,000
Analyst 2 $4,000-$6,000
Analyst 3 $6,000-$10,000
Associate 1 $10,000-$15,000
Associate 2 $15,000-$20,000
Associate 3 $20,000-$25,000
VP 1 $25,000-$50,000
VP 2 $50,000-$75,000
VP 3 $75,000-$100,000
SVP(or equiv.) $100,000-$200,000
MD $200,000-$500,000
Posted by american bandersnatch , Feb 19, 2009 5:56PM
@7 - great minds ...
Posted by guest , Feb 19, 2009 5:58PM
@9,
WTF are you babbling about? In WTF firm did/do you take up space?
Posted by guest , Feb 19, 2009 6:26PM
do they think finance people are such insensitive douchetards that they need nuggets like:
"React as quickly as you can to the news or you'll look insensitive."
if you're really that close to them, you'll see em at happy hour when you get canned next week. and if not, well screw em.
Posted by guest , Feb 19, 2009 6:32PM
snoop once said that chronic drove cocaine out of the projects.
Found this:
"Insane America: Team Obama Wants You To Bailout The Asshats Who Live Next Door"
http://bit.ly/nwHCW
must see photo attached to the story.
Posted by guest , Feb 19, 2009 6:33PM
@12 yes
Posted by guest , Feb 19, 2009 6:36PM
How about a graph of cocaine price over the last few years? Even a quote would be appreciated. Be specific!
Posted by guest , Feb 19, 2009 6:37PM
@4
well done, sir. well done.
Posted by guest , Feb 19, 2009 6:57PM
Wait, did Jim just basically say that lehman didn't have to die?
Posted by guest , Feb 19, 2009 7:38PM
@17
no one here listens to that hack. back to yahoo, for you, kook.
Posted by guest , Feb 19, 2009 8:59PM
I don't read yahoo news, I've been reading here for a while. Most people like to listen to everyone's opinion about the market and the economy and then draw their own conclusions. It is called critical thinking, maybe you should try it some time.
Posted by guest , Feb 19, 2009 9:26PM
@13
Some of the whiners about this stuff are probably renters.
Why would I like to have many houses in my neighborhood go into foreclosure? The banks will do little if they can't sell them fast. Many will be in disrepair or vandalized by time the bank takes them over anyway. And the longer they sit unsold, all around you, your own house is going down in price, and down, and down. Though market forces overall are bringing prices down, when your neighborhood becomes unattractive, fewer prospective buyers would even bother, unless they are flippers or want to rent out the properties.
And renting out your property may not be a good business right now. When jobs are gone, people go away also, especially those don't have to sell. That results in too many rental units, driving rents down. Just get out of the city and look around.
Posted by guest , Feb 19, 2009 9:57PM
Time to riot, Obama admin is old news, burn baby burn.
Posted by Anal_yst , Feb 19, 2009 10:19PM
Wonder what the DEA budget looks like going forward...when shit gets bad, expect lagging indicators of severe increases in illicit drugs (crack is back baby!)
Posted by guest , Feb 19, 2009 10:28PM
http://www.woai.com/news/local/story/Girl-Scouts-robbed-as-they-sell-cookies-outside/qqnmg6g66E-A34NOkFWAFQ.cspx
Ain't no one safe around here bitches. Just wait until their future employer kicks them out the door with no severance and a boot up their ass. Their little third grade Thin Mint caper will seem like a walk in the park.
So you have to sell a few more boxes of Samoas, boo fuck’n hoo you really got it rough don't you. What kind of goddamn cookie bullshit world do you live in? Look around brownie bitches, the world is burning and you want to sell Do-si-dos. I hate Do-si-dos! Fuck Do-si-dos! The Swat province in Pakistan just fell under complete Taliban control with rest of the country to follow over the next 18 months. Need I remind you Pakistan has nuclear weapons but you want to sell Lemon Chalet Cremes. I hate Lemon Chalet Cremes too! Wake up brownie bitches, All Abouts and Cinna-spins ain't go'na do jack when you have 50 kiloton bombs flickering across the planet like June bugs on a hot summer night.
SPODE
Posted by StupidEquityGuy , Feb 19, 2009 10:44PM
H. R. 1068 To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to the extent required to recoup the net cost of the Troubled Asset Relief Program.
http://thomas.loc.gov/home/gpoxmlc111/h1068_ih.xml
Posted by guest , Feb 19, 2009 11:18PM
CNBC poll on Santelli's "Tea Party"
http://www.cnbc.com/id/29283701
Posted by guest , Feb 19, 2009 11:57PM
@20: Fuck you. I don't give a shit about your exurban hellhole. Take your Toll Brothers "Assmunch Heights" and DR Horton "Wanker Oaks" tract homes and shove it.
Posted by guest , Feb 20, 2009 12:02AM
@8 - I go straight for the stapler, sharpies, and post-its that we can no longer get access to without approval (and a key) from an admin.
Posted by guest , Feb 20, 2009 12:45AM
"Tell Congress to Block the Trader Tax
Sign the Petition : 10,826 Letters and Emails Sent So Far"
http://www.rallycongress.com/no2tradertax/1536/tell-congres-to-block-trader-tax/
http://www.tickerforum.org/cgi-ticker/akcs-www?post=83949
Posted by guest , Feb 20, 2009 2:21AM
Wow, starting to look like Gasparino has competition in Rick Santelli:
http://www.riehlworldview.com/
"What Happened To President Hope?
I agree with Kathryn Lopez that Americans are looking for a "sign of life". h/t Instapundit She's channeling Bill Clinton when he says Obama isn't bringing the hope. Still, that's even too kind given the way Obama campaigned. Wasn't "hope" one of the pillars of his campaign? Personally I don't look for a politician to give me hope, though I imagine there are circumstances in which we could all find ourselves doing that, even post-Cold War.
Whatever the case, Obama did seem to convince many people he represented some kind of hope. And all he's done since entering office is talk financial pain and gloom. Somehow there's something a little dishonest and even a bit disgraceful in that. And it wouldn't take much to convince me that, while he may be exceptionally bright, somewhere down inside, the man just isn't up to the job.
I think people are hungry for someone who is fed up with the way things are and who seem to believe in something enough to know there in an alternative worth fighting for. Some of the voices may be far from perfect, but Americans are looking for signs of the life of an alternative. And so if a representative pops up — someone who appears to have roots and energy, folks will cheer them on in the hopes there's a candidate here. Maybe not a presidential candidate, but a leader of some sort. Someone who can offer a vision of something other than a culture of bailout.
Today, Rick Santelli was that sign of life."
Posted by guest , Feb 20, 2009 3:24AM
Rick Santelli is the new killin' it
Posted by guest , Feb 20, 2009 7:09AM
@26
The foreclosure problem is not isolated to exurban developments. It's all over and the numbers keep growing. Also, it's beyond subprime already. Now get back in the cave.
Posted by Seaman Bodine II , Feb 20, 2009 7:15AM
@31
suck a cock
there is no foreclosure problem - there is a balance sheet problem...the longer you delude people into thinking they can fix their balance sheet with a cosmetic change, the longer you allow that fucking tool president who's never had a real job the launch pad for his socialist agenda, in this defining moment
Posted by guest , Feb 20, 2009 7:16AM
LONDON (MarketWatch) -- Bank of America Chairman and CEO Kenneth Lewis has been subpoenaed by New York State Attorney General Andrew Cuomo, who is investigating whether the bank withheld information from investors, according to a report in The Wall Street Journal citing people familiar with the matter. ...
Whee
Posted by guest , Feb 20, 2009 7:17AM
LONDON (MarketWatch) -- Bank of America Chairman and CEO Kenneth Lewis has been subpoenaed by New York State Attorney General Andrew Cuomo, who is investigating whether the bank withheld information from investors, according to a report in The Wall Street Journal citing people familiar with the matter. ...
Whee
Posted by guest , Feb 20, 2009 7:17AM
LONDON (MarketWatch) -- Bank of America Chairman and CEO Kenneth Lewis has been subpoenaed by New York State Attorney General Andrew Cuomo, who is investigating whether the bank withheld information from investors, according to a report in The Wall Street Journal citing people familiar with the matter. ...
Wheeeee
Posted by guest , Feb 20, 2009 7:19AM
sorry about multi posting. poor site response.
Posted by american bandersnatch , Feb 20, 2009 7:23AM
poor site response? - you must be new to Dealbreaker
Posted by guest , Feb 20, 2009 7:53AM
@32
WOW. an unanswered attack on the Messiah.
where are all the true believers?
there was some nut posting here back in november that if you were going to vote for the Messiah you might as well start selling the market short. (me)
Posted by guest , Feb 20, 2009 7:56AM
#00- If yuou bought a home for $500,000 with a $450,000 mortgage and it is now worth $350,000 - #00,000 for the house & 50,000 for the land, here is what to do
The bank should reduce the mortgage to #50,000. The 100,000 reduction would be owed the bank when the house is sold or the market rebounds and the owner can "afford" to refinance. This 100,000 should be guarnteed by the government. The 50,000 land value can be counted in the banks capitilization
Next, lets talk about job creation
Posted by guest , Feb 20, 2009 8:18AM
@ #9 - are you too retarded to figure out how the "shift" key works?
Posted by guest , Feb 20, 2009 8:40AM
a. @39
there is no recapture if when prices rise, at present.
b. winki, margin call? just wondering.