$$$ Madoff’s Wife Declares Palm Beach Home Main Residence [Bloomberg]
$$$ AIG not just wasting money on bonuses. [Cityfile]
$$$ Seriously, CNBC? SERIOUSLY? [CNBC]
$$$ Corzine sues Lehman officials for fraud to recoup stake [Reuters]
$$$ Mailbag: “The Premier group at BOA will lay off 90%+ of its workers tomorrow. ”
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Yes, Bess, some of your compatriots are that stupid
Its not a war if we dont care about the other side (main street)
how about a war on hate-mongering news editors?
Bozzo = Bozo.
Pretty sure that Bozzo piece is a Modest Proposal type deal
@2 Oh you will, if they come at you with sharp, rusty pitchforks.
That CNBC shit is not funny, not stupid, just f’ing scary.
Time for the FCC to take a look at all their transcripts – their time is up.
Wow, can’t believe Natasha Richardson is brain dead from an accident on the bunny slope in Canada.
@7 This is America, time for Grassley to note all of your web comments, suggest you off self, your time is up.
Does this mean we’re going to start an Osama-like hunt for Gordon Gekko?
Bush had his first out-of-office speaking engagement today at lunch here in Calgary. Gaggles of older businessmen in pin-striped suits and sporting beaming smiles were practically jizzing on each other in the various walkways afterward. Police shut down a whole block in the Kensington district last night so 43 could have a plate of pasta and some fruit salad.
Screw this… it’s well-past Beer O’Clock.
–CS
@11, isn’t Calgary GMT-7? Not sure if it’s quite beer o’clock my friend. Another hour or so and you can go play the looney game though, deal?
@8 – I had the same reaction. How the frig do you kill your self on a Bunny Slope? Pretty embarrasing. At least Sonny Bono did it on a black diamond.
In 6 months bankers will still be making next to nothing, the economy will still suck ass and BO will need to find a new scapegoat.
@ 8 – What the heck? They’re bringing her back to NY to die? Sounds like she must have had an AVM that ruptured and caused her to fall in the first place.
- Sony Bono, Ski Professional and Medical Expert
The bankers with Premier at BOA got the axe today. They got two weeks for every year of service.
what was the CNBC link about? it’s down now…
CNBC is satire, obvi
else we are in some real trouble
i’m just happy the hamptons will be a little less crass this summer.
finally.
Looks like JS’s rant worked.
Wow cnbc wow
suck my post-bailout bonus – no cuomo
@13 The actual tree Sonny Bono hit in Heavenly has a sign on it that says, “I got you, babe.”
Give me back that fillet-o-fish!
Give me that fish…
19- they still don’t want you at the maidstone. sorry.
flame away, but WTF is a Premier group?
Is it true that, in Japan, executives seldom, if ever, strump a dump?
@13- wow, you’re quite the stunning piece of shit.
Corzine waited for his MOT Fuld to hide all his assets with his wife, including a $13 million home, before getting the “all clear’ and filing suit against an empty suit.
Fifty bucks says Geithner says the bonuses were the fault of Turbo Tax.
It took the National Review to uncover why the bonuses are being handed out!
And guess who inserted this last minute? Chris Dodd – the man who was the biggest recipient of AIG cash.
http://corner.nationalreview.com/post/?q=YzNjNGQ0Y2FmYjRlNDI2ZTIzMzkwMzI3MmRlN2M1ZjA=
“Here is the loophole, from the section of the stimulus package that deals with compensation rules for TARP recipients:
The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.
Frankly, it’s hard to imagine how the government could prevent such contracts from being honored. But the presence of this loophole, in black and white, certainly gives the lie to all of this phony outrage — by the senator who created the loophole, by the president who signed it into law, and by everyone else who voted for the stimulus package.”
TGFD is visiting tonite to remind you all of something.
Back last March, when I first found DB, a lot of the chatter here had to do with all the money being made on Wall Street and with the “bottles & models” lifestyle that seemed to fascinate so many of you.
Well, a lot has changed in a year.
By the time we get past this AIG and TARP firms bonus taxation, and when this miserable thing called “The Credit Crisis” finally gets resolved, we will probably be living in a 2nd-rate nation. Obama will have become a near dictator, and this country will be f*ked much worse than it is now.
I keep thinking that Wall St had the heaviest hand in creating the mess. The aftermath is only what Wall Streeters did to themselves. Too bad the rest of us are getting f*ked too.
The Guy from Delaware
Here are the top 7 recipients of AIG lobby money during the 2008 election cycle.
Senate Dodd, Chris $103,100
Senate Obama, Barack $101,332
Senate McCain, John $59,499
Senate Clinton, Hillary $35,965
Senate Baucus, Max $24,750
Presidential Romney, Mitt $20,850
Senate Biden, Joseph R Jr $19,975
http://www.opensecrets.org/orgs/toprecips.php?id=D000000123
Sen Chris Dodd also received $79,800 during the 2006 cycle.
CS – did you go to the speech?
I went (after an 1 1/2 waiting to get thru security).
Highlights:
In reference to Bernanke and Paulson asking for the TARP funds he said that if they didn’t get the money “this depression would become a great depression”.
In reference to Beranke’s media blitz during the last week he said that his timeline for recovery is “optimistic”.
IMHO he was horrible president. But today he was an engaging, charming, very funny speaker. He even joked about his VP shooting someone.
We’re not paying bonuses, we’re paying AIG to stop doing what they’ve been doing (lose money). If it makes it easier, don’t think of it as a bonus, think of it as a bribe.
We’re not paying bonuses, we’re paying AIG to stop doing what they’ve been doing (lose money). If it makes it easier, don’t think of it as a bonus, think of it as a bribe.
Woo Hoo David Wright just won it for the USA!!!!
Oh Timmay!!! How could you.
nice. two wrongs make a right kind of thing… except you want to declare war on american citizens? and i suppose we go after all the financial terrorists around the globe too. wtf man.
is the rumor about the boa premier true? 90+%?!
politicians and governments are greedy, why do we consistently forget this
i can’t imagine the cnbc article is real, but just the fact that it was written and posted makes my stomach churn
farewell america, its time for reverse immigration
@40, it’s definitely real, cnbc comprised of flipping clowns.
what the ‘tard cnbc writer fails to get is that this little financial war we’re fighting is very real, wheres the “war on terror” was a FUCKING CONCEPT.
Hey Mr. Bozzo from CNBC…
“The only flaw with this plan is that if these (AIG Special Products bonus) guys are in Gitmo doing hard time, instead of back home unwinding derivatives deals, then it might take us much longer to get AIG back on its feet.”
You obviously don’t realize that those “guys” don’t have a f’n clue when it comes to “unwinding derivatives deals”. They might as well be in Gitmo for all good they could do.
The Guy from Delaware
Bozzo 4 Pres ’12!
I got this idea from the article about Corzine suing Lehman Bros officials:
I think we should use “breach of fiduciary duty” as another reason to get back the AIG bonus money from the AIG derivativsters.
AIG Bonus Math: $165 million versus $165 billion
http://bit.ly/LrDqc
Advantage Commode.
Can somebody explain to me why Ruth still HAS a Palm Beach home to “declare as her main residence”? Shouldn’t it at least be frozen, like her other assets, all padlocked up by the feds, like her bank and brokerage accounts?
@34-
I didn’t go, but I know about a half-dozen who were there, including a few acquaintances who attended the pre-lunch meet-and-greet.
The comments I heard afterward were similar to yours.
–CS