RE: yesterday's post, from a "former senior insider":
I can assure you that as of today, the New York's RBS Lev Fin in New York has not been fired or eliminated. Instead, the top talents at RBS Lev Fin have been retained and redeployed into a few new groups that will be announced shortly. These groups will continue to harness the many talented senior bankers as well as their experienced junior staff in areas where RBS has been well-known, especially on their debt product / distressed debt advisory side along with their reputable TMT group (which advised on Clear Channel, Alltel, Univision, Hertz buyouts).
Posted by guest , Apr 18, 2009 12:24PM
total lie. yesterday's post was correct.
Posted by guest , Apr 18, 2009 12:25PM
well, if the dissenting view is true, rbs is more fucked that I thought.
Posted by guest , Apr 18, 2009 1:45PM
so many lies, on so many levels
Posted by guest , Apr 18, 2009 1:51PM
this guy sounds like he stills works there as a promoter
Posted by guest , Apr 18, 2009 1:58PM
Wow! Didn't know you needed a cheerleading diploma to work at RBS. Nice!
I bet everyone comes in to the office wearing teeny tiny skirts.
Posted by guest , Apr 18, 2009 2:22PM
"I can assure you that as of today, the New York's RBS Lev Fin in New York has not been fired or eliminated."
Read: Today is Saturday. As of Monday, the group will be eliminated
=====================
"Instead, the top talents at RBS Lev Fin have been retained and redeployed into a few new groups that will be announced shortly."
Read: We will be announcing certain MD's will be reassigned as "Assistant Deputy Director Consulting Advisors" responsible for counting days on the calendar until their employment contracts run out.
=======================
"These groups will continue to harness the many talented senior bankers as well as their experienced junior staff in areas where RBS has been well-known, especially on their debt product / distressed debt advisory side along with their reputable TMT group (which advised on Clear Channel, Alltel, Univision, Hertz buyouts)."
Read: The ranks of "Assistant Deputy Director Consulting Advisors" will include individuals under employment contracts who were previously assigned to debt product and distressed debt advisory duties.
Posted by guest , Apr 18, 2009 2:25PM
"Top talent"
Uh huh. Yep. Sure.
Posted by guest , Apr 18, 2009 2:26PM
A winning example of the kind of self serving senior spin that pushed through all those bad LBO loans (and their bonuses).
Posted by guest , Apr 18, 2009 2:44PM
i am offended by posts 3 and 5, editors please remove them
Posted by guest , Apr 18, 2009 4:00PM
douche@9 good luck trying to throw your flab around.
- suck it
Posted by guest , Apr 18, 2009 6:08PM
'Cause it's T-M-T, it's dynamite!
Posted by Finnegan , Apr 18, 2009 6:28PM
Think "douche" @9 was perhaps being sarcastic.
Posted by guest , Apr 18, 2009 7:28PM
@6 knows what's happening.
Posted by guest , Apr 18, 2009 7:34PM
is it true that above the law is owned by a number of large law firms and that above the law gives information to these law firms about the posters ?
Posted by guest , Apr 18, 2009 7:35PM
i am offended by posts 10 and 14, editors please remove them
Posted by guest , Apr 18, 2009 7:39PM
14 - i heard the same thing
in fact, i heard they protect certain firms and will delete posts if those posts criticize those firms
above the law should reveal the names of all of its shareholders immediately
Posted by guest , Apr 18, 2009 7:55PM
I could care less. I just want to finger bang Bess while she polishes my knob.
Posted by guest , Apr 18, 2009 8:10PM
Head of High Yield Syndicate in the US was still on Bloomberg as of Friday. Haven't spoken with him in a while so will not make any predictions as to where he will be on Monday.
- Fixed Income
Posted by guest , Apr 18, 2009 8:29PM
i am offended by posts 9 and 15, editors please remove them
Posted by guest , Apr 18, 2009 8:36PM
I am offended by everyone here, except for the teeny skirt comment.
Angelina Jolie as Dagny Taggart, just one more reason to see Atlas Shrugged the movie.
Posted by guest , Apr 18, 2009 9:48PM
Mow the lawn
Posted by guest , Apr 18, 2009 10:03PM
This guy sounds like he's full of freshly strumped dump
Posted by guest , Apr 18, 2009 10:42PM
if there are any true top talents left, i suspect they will soon be walking out the door when a better opportunity comes along. great work by the UK taxpayers in driving out good folks.
Posted by Novice , Apr 19, 2009 4:33AM
I don't know about "well-known," but "11x Ebitda" suggest that they're morons from the Univision example.
Posted by guest , Apr 19, 2009 7:39AM
i am offended by post 23, editors please remove it
Posted by guest , Apr 19, 2009 9:05AM
@17
and that makes you the quintessential dealbreaker commenter - you don't know shit about finance nor really care, but you got the impression from the other commenters that bess is hot + you like anonymous bashing and thats enough reason to stick around..
Posted by guest , Apr 19, 2009 9:46AM
26-
It would seem that 17 is a quintessential Wall Streeter. Its been pretty well established during the past 24 months that most of the people who have worked on Wall Street during the past 10 years didn't know shit about finance nor did they really care.
Posted by guest , Apr 19, 2009 9:54AM
I agree with @17. And could care less what the rest of you think.
Posted by guest , Apr 19, 2009 10:51AM
I have worked on Wall Street for the past 10 years. And I don't know shit about finance. But I agree with @17 too.
Bess can polish my helmut while I diddle her fagina all day long.
Posted by guest , Apr 19, 2009 11:05AM
i am offended by posts 28 and 29, editors please remove them
Posted by guest , Apr 19, 2009 11:27AM
I am offended by any one who doesn't want a knob job from Bess.
Posted by guest , Apr 19, 2009 11:51AM
i am offended by post 31, editors please remove him from the gene pool.
Posted by guest , Apr 19, 2009 12:24PM
I'm the "effendi" here, pal.
Posted by guest , Apr 19, 2009 12:30PM
@33 I'm not your pal, dude.
i am offended by post 33, editors please remove it, thanks!
Posted by guest , Apr 19, 2009 1:05PM
I am offended that Bess has not yet apparently, bobbed the knob. Editors - please make sure that Bess complies.
Posted by guest , Apr 19, 2009 1:07PM
Sham WOW. Swallow or spit, Beth? Please say swallow.
Posted by guest , Apr 19, 2009 2:17PM
@36 Cliff?
Posted by guest , Apr 19, 2009 2:24PM
i am offended by post 38
Posted by guest , Apr 19, 2009 3:05PM
i am offended by Cliff Asness. Editors, please take him down a notch.
- not @37
Posted by guest , Apr 19, 2009 5:34PM
Univision? Clear Channel? giggles...
Posted by guest , Apr 19, 2009 6:56PM
I would stuff Bess's muff. And she is a Jew. So swallowing is out.
Q - How do you stop a Jewish girl from having sex?
A- Marry her.
Posted by guest , Apr 19, 2009 10:35PM
The dissenting view is completely correct. Only a few people laid off; rest moved to other groups. (In fact, I'm one of those moved to a new group).
Posted by guest , Apr 19, 2009 11:00PM
@41- try harder to be lamer.
Posted by guest , Apr 19, 2009 11:02PM
@42 = the "former senior insider"?
Posted by guest , Apr 19, 2009 11:46PM
I think 80% of the comments here are from the same person.
What makes Bess so hot is her "fuck you or fuck you harder" writing style/attitude.
I'm really stoned right now but is there any truth to posts 14 and 16?
Posted by guest , Apr 20, 2009 12:20AM
stoned@45- "is there any truth to posts 14 and 16?"
no.
Posted by guest , Apr 20, 2009 12:56AM
Damn you 14 and 16. DAMN YOU! I was already for some good stuff.
Posted by guest , Apr 20, 2009 10:12AM
Wake up Bess!
10:14am and nothing new on this site.
Posted by guest , Apr 20, 2009 10:12AM
Bess, can we get a confirmation or rebuttle reply to @41 please, thank you.
Posted by guest , Apr 20, 2009 10:25AM
I agree with @49. Given todays technical issues, we are all owed a confirmation.
Posted by guest , Apr 20, 2009 10:51AM
Bess is a spitter. Amherst. All you need to know.
Posted by guest , Apr 20, 2009 10:58AM
@51- nope.
Posted by guest , Apr 20, 2009 11:47AM
@52- prove it.
Posted by guest , Apr 20, 2009 11:54AM
@52- prove it.
Posted by guest , Apr 20, 2009 11:56AM
@53- how would one do that? ask the lady in question to cough up the semen she purportedly ingested?
Posted by dorothy , Apr 30, 2009 10:39PM
you know, take it to HUMOR instead of vitriol.
wow. what venom in these comments.
try http://www.iget2work.com
check out their unemployed quilt or laugh at a few jokes while LOOKING FOR WORK instead of being so .... well, just see the comments above. good nite all. good luck! and chek out that site....it's funny.
Posted by guest , Apr 30, 2009 10:48PM
tard@56- spare us your shit blog. and btw: I found the comment about needing a cheerleading diploma to work at RBS very humorous.
Posted by guest , Jul 06, 2009 8:21PM
Those advisories are buy side to PE, name only, NO FEE, and awarded as a quid pro quo for the reckless application of underwriting capital to some of the sketchiest LBOs of the era.
Think of RBS LF management as little Kim Jong Ils. Lots of propaganda. Zero substance. Their best chance at an advisory revenue stream is to threaten to weaponize their plutonium.
Scared old men trying desperately to convince the world they once had game.
Posted by guest , Jul 06, 2009 8:21PM
Those advisories are buy side to PE, name only, NO FEE, and awarded as a quid pro quo for the reckless application of underwriting capital to some of the sketchiest LBOs of the era.
Think of RBS LF management as little Kim Jong Ils. Lots of propaganda. Zero substance. Their best chance at an advisory revenue stream is to threaten to weaponize their plutonium.
Scared old men trying desperately to convince the world they once had game.
Posted by guest , Jul 06, 2009 9:28PM
59 Granting business in name only in return for capital happens over and over. A bank gets league table status, some fees. But the same few firms do the real work. Funny business. Reminds me of the court of Louis XV, where there was a lord of the chamber pot, another lord in charge of tearing the royal toilet paper. But the actual shitting was done by Louis himself.