Yesterday we heard from the “Ex-Mrs. Hedgefunds,” a group of women who haven’t been left by their hedge fund husbands but rather their hedge fund husband’s money, forcing them to cut back (to an extent, though not really at all), due to unprecedented market volatility. Today’s sob story is about a seemingly anonymous “Bailout CEO Wife.”
Reading about the ways this woman has had to demean herself on account of her husband’s firm taking TARP money is almost too much to bear. First off, a new spring wardrobe is out of the question. Second there’s the matter of not looking like she and the husb are lavishly spending after taking taxpayer dollars, meaning they’re forced to show up to black tie events late so as to avoid photographers, and you know how much not having your picture taking has got to hurt. To that end, dining at lavish restaurants every night of the week is out and– and prepare yourselves for this one ’cause it’s really bad– TARP Wife has actually had to start cooking. And, sickeningly, the couple now flies commercial, among the untouchables, i.e. poors, i.e. general public. Above all, TARP Wife’s most important new role is not fucking shit up for her husband worse than he’s already got it, and that means avoiding bad press by keeping hers and their collective head down.
I’m trying to buck him up and not complicate his life. The last thing he needs is unpleasant publicity, so I’m learning to fly so far below the radar that I have perpetually skinned knees.
Which would all be well and good if the wife hadn’t dropped enough hints as to who exactly she and by extension HE is and where he works. Jessica Pressler over at Daily Intel did the math and is pretty sure Mrs. TARP is Liz Peck, wife of Jeffrey Peek, Chairman and CEO of CIT.
was she stress-tested?
Great satire, almost on a par with Johnathan Swift but not quite.
peek worked at csfb back in day, not sure what he did but he kept a big office and wasn’t around much. next thing you know, he’s running CIT into the ground…irony or justice?
I hope she wasnt stress-trested by the Fed “experts”
@4 – She totally was, why do you think she has to make up excuses for perpetually skinned knees?
@2 – defintely reads like satire to me.
Spent too much time hanging out with “executive material” people.
The layers of skin lost in Ms. Peek’s knees are in direct correlation with this whole recession ’sitch. We’ll know we’ve reached bottom when we see bone (no pun intended).
/lay-up
@2 1. Portfolio isn’t clever enough to come up with something like that.
2. It’d be odd if whoever wrote inserted such details that it could only point to one wife, instead of a collection.
I’m a second year medical student in Boston. Anyone know where I can get a good massage?
Her hubby is the CEO of CLIT?
@11- too bad he had a dumb twat wife.
@13, lets get married
ok, it’s fake. who says “multi star michelin rated” when discussing their restauirant choices?
@10 craigslist
She should have skinned knees for other reasons than “flying under the radar”.
Her husband has worked hard for his money.
Imagine how much better a position Merrill would have been if ML’s board chose Peek over O’Neil.
Rick? Charlie? This is not funny? Where are you two? Why haven’t either of you been on air, and you Charlie, an on air editor. Where did you boys go?
Incredibly narcissistic.
Low self esteem.
Defines oneself by possessions.
Loves anal and things rubbed on her face.
Loose lips…
@18 is Jeff Peek’s wife…..
Too cunt, didn’t read
I remember when she worked at Brown Brothers
she blew all the partners
those skinned knees ought to have a better story to tell….
Guest@#11…
TGFD places a lot more confidence in what Cluzo had to say about Peek in his #3 post than I do in the “classy guy”, “first-class banker” nonsense that you posted.
People like you always fall for the “classy-guy” image that thieves like Peek enjoy portraying. You bow down in slavish devotion before what you admire about them: money, and the knack for acquiring it.
As for that wife of Peek’s, TGFD feels compelled to add this crude comment. I wouldn’t deign to wipe my ass with that frosted hair of hers or with her under panties.
The Guy from Delaware
@10
comment of the week
I thought BBH was a “gay” firm
scrapped knees?
So let’s all get into the way-back machine, Merrill Lynch style. Dave Komansky picked Stan O’Neal. Who did Dave Komansky pass over to be CEO? Herb Alison–who was President (he who is now running TARP after being the gov’t pick to take over Fannie Mae–viewed as one of the good guys and saviors in this crisis. Now Herb is about 65-66 years old and only now reaching retirement age at Merrill. THUS if the board had picked Herb, it’s very possible he’d have been there through this year or last. No O’Neal, no Thain. The irony of it all.
@TGFD, I always thought you were a weird dude because you’re from Delaware, but then you dropped that truth-bomb on us a few days ago and disclosed that you were, in fact, 60, and now I just can’t get it out of my head becauase I can’t picture myself a) living in Delaware, b) being 60, and c) posting on DB– simultaneously. But at least it does explain a lot.
@19 Dollars to doughnuts that we’ve haven’t seen much of Charlie lately means he’s hard at work on next book.
If he’s taking his associates to b’fast at his club, then it’s not the knick, brooks or union. Probably more like Sam’s Club.
Guest@#31…
a) Living in northern Delaware’s “Chateau Country” is not at all unpleasant. Very genteel here, and for the most part, the chicks are all “pink & green”. I don’t often leave my zip code because many parts of the state are for shit, and I don’t really want to look at them.
b) I disclosed my age on DB a year or so ago, so for many DB trolls, TGFD’s age is not really news. Being 60 isn’t all that bad either. I don’t feel it, I don’t think or behave like it, and most people say I don’t look it. Chicks of all ages seem to be attracted to TGFD as well, and I do like that. I try to keep somewhat active, don’t drink, and I try not to eat the way I did when I was 20. Other than that, TGFD’s no so different from you.
c) I like DB. I’ve learned a lot here, and I enjoy the “financial gossip” that DB delivers so well. TGFD likes crazy. TGFD likes wierd. Liking those things probably has a lot to do with my ability to get along well with most people. Everybody has issues. They make people interesting to TGFD.
The Guy from Delaware
p.s. DB may be a “financial gossip” source, but TGFD never, ever gossips in my personal life. Doing that will earn one a bad reputation that never goes away.
DB – you got a few years on me.
“pink and green” chicks I am guessing pale luscious WASP types with bucks, confirm?
NAS K boi @#36…
They’re just as you imagine.
The Guy from Delaware
http://lizpeek.com/
@35
oh tgfd every time you come up with that ‘chicks dig tgfd’ line you crack me up. can we get a picture, champ?
TGFD = Delusional Wanker
I have known the Peeks for years. He is, indeed, an old school gentleman, extremely intelligent and not at all self promoting. His wife, Liz, is far from “dumb” is a very generous philanthropist, was a first class analyst at Wertheim, and can write on just about any subject. All she can be accused of is writing a piece that is, perhaps, untimely and unwise.
41 Wake up. He may be old school and a gentleman, but if he’s so intelligent how did he manage to drive CIT off a cliff? Part of the problem is that CIT was basic industrial finance and good at it too. He tried to tart them up, make em more like the places he came from (maybe to look and feel better among his peers on the “generous philanthropy” circuit?) and in the end failed miserably.
41 sucks both Jeff and Liz…
41 sucks both Jeff and Liz…