CNBC reports that John Mack has been the only bank CEO, that they’re aware of, to pick up the results of his firm’s stress test. He apparently showed up “in a silver Audi,” met with Fed officials for about an hour and “left without comment or fanfare.” So far Blankfein, Dimon, et al are nowhere to be found,* but if someone would get off their asses and take a walk down to Ulysses, we could surely find them.
*Perhaps suggesting they’ve banded together in a concerted effort to give the impression they don’t give a fuck about these meaningless things, or maybe they do but just got too bombed at lunch on Stone Street.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
LOL Bess! 22″ Rimz!
-mrp
If he rolled up on rims, then the health of MS is that of MS..multiple sclerosis.
If he rolled up on a benz, then the health of MS is that of MS…Microsoft.
But!
Since he rolled up in an Audi..a silver one to boot!…then the health of MS is that of MS…menstrual sickness.
Gross.
CODE PINK!
FUCK YEAH!!!!!!!!!
He showed up, jerked off in a cup, they counted his boys, gave him a thumbs up sign and he walked out the door, off to go smoke a cigar and have a brandy for a job well done.
Well done on the tags Bess.
He showed up in an old Audi 5000, hit the brakes to slow and accelerated right into Geithner and Bernanke.
Although ramming into the front of the building in an early 80′s Audi 5000 with unintended accelration issues would be boss.
@6 – agreed!
Mack has an A8, seen him driving it a bunch of times…
Bess, will you be hitting up Ulysses this fine afternoon? I think i might go there in an hour. Why don’t you bring your laptop down there and take advantage of the WiFi and I’ll get you a kettle and tonic or whatever you drink.
@9- vodka gimlets.
get a gibson martini
why does John Mack not have a driver?
What does it mean…..want to see a weird site? go to http://www.whatdoesitmean.com
Porterhouse, there’s a brown Audi parked in my parking space. Get a tow truck over here and have it hauled away immediately.
Bess, I thought you of all people would know what a rim-job was worth.
If Mack added to his collection with a new R8 V10 TDI, he would at least be able to provide evidence that some TARP money went to a noble cause — crusing for trustfund hunnies scammed by BM.
I had Mack for a TT kinda guy, myself, but hey, if he rolls a r8 v10 on HRE’s (or equivalent), I’d eat my words
@ 12 – classic line from a great movie
Jesus, it is 4:20pm. How long do we have to wait for the Obama portfolio numbers?!!!
How you know you are in midst of a major asset bubble:
A. It costs more money up front to buy a car than it does to buy a home
B. IU graduates are getting jobs as investment bankers
C. You take investment advice from some crazy guy with his sleeves rolled up
@17- don’t encourage it.
@19
I demand a live ticker on Dealbreaker for the Obama portfolio.
@14
Good look
my money’s on an A8L
@20
please STFU
Pussy in my lap, bird in the sack. Furrr in my cap, fur furrr in my cap.
@9- not today, no, though I am considering Work From Ulysses Fridays during the warm weather months.
think if one were to sent a coworker an email saying one was going to shit all over ones directors office walls, and then did, they could somehow track it?
hypothetically
@HAM- ask the Merrill guy.
@12, don’t you people have homes?
@HAM05- WIFI at Starbucks paid with cash wearing a baseball cap and never looked into the security cameras and used a personal computer with an old hard drive that was destroyed…
I don’t see a problem.
Ah..the hapless DB ass-talking car guys
The A8 is the Betamax of exotic cars
-Its slower than a 911 Turbo
-Its already been replaced w/the A10
-Its just ugly
-the A6 RS is not much slower, +2 doors
-The Gallardo is the same (Audi owns Lambo) just w. V10, better looks
Mack is a rookie on exotic cars
Greenhill has Carrera GT ($500k,not 911)
Numerous youngs MDs have Lambo Murcielagos, McClaren SLRs, Ferrari 599s, Ford GTs, and Enzos that blow this away…
correction R8, R10 above….hitting the sauce already
@30- could they perhaps be talking about audis because THAT’S THE CAR MENTIONED IN THE POST, and not because it was the first one that comes to their mind when the topic of cars comes up?
douche.
Rebecca Jarvis is beside herself, she stood outside the NY fed all day and all she got was a John Mack
Kudlow is calling the stress test a political trojan horse.
Oh my Phil Lebow is angry. Hmmm larry kudlow asked about more money being given and phil didn’t want to talk about it and finally admitted it would be a huge amount. I guess Larry was not supposed to ask that question, wasn’t in the script.
@30
It sounds like you don’t know you cars either since the A8 is NOTHING like a Lambo. I’m sure you meant to compare the R8 (as seen in the picture above) to the Lambo.
Realistically speaking, between the mediocre results and humble-as-pie dialog around TARP paybacks and risk taking, and considering the fact that he was the first to run to the gym wall to find out if he passed, it does seem at this point that John Mack is the only one who is taking any of this seriously.
God bless him
R8 has best value for price tag of high performance cars. old man mack knows what he’s doing. for once.
As the owner of a used A4, I resent this tag.
I think you meant “banded together”, not “banned together”, unless you were being clever and suggesting they’re banning themselves from the meeting with the feds…together.
Yeah that’s it!
@40-you’re stunningly lame.
It means the rest had the results faxed or emailed or hand delivered and Mack wanted clarification on some conclusions.
I hear that the package was extermely thin and light. When Mack opened it, he found a single page with two words in large caps: you’re fucked.
@42- and he knew before seeing them he was going to need clarification? yeah.
http://community.nytimes.com/article/comments/2009/04/26/business/26pay.html?s=1&pg=2
The masses are grabbing their pitchforks and torches. Pretty amusing. Someone should tell them that unless the banks have a plan to continue the one-time gains and fanstatical asset write-ups for another three quarters, there’s no way Q1 will be typical of 2009.
Sorry, fantastical.
@30 – Take it you work at Greenhill with all the other BB outcasts?
@44… yea was not quite coherent there… should have said they ALL had it sent, and Mack had concerns and wanted more discussion face to face.