• 24 Apr 2009 at 5:30 PM

Write-Offs: 04.24.09

$$$ Does Jim Cramer still think Lenny Dykstra is “one of the great ones in this business“? Possibly not, considering he just fired him. At a time when he could really use the money.
$$$When your marriage is on the rocks, you don’t ask the same jamoke who introduced you to your spouse for marital advice.” [The Big Picture]
$$$ Morgan Stanley prop spinoff makes more sense than ever. [Breaking Views]
$$$ JPMorgan: #1 [Portfolio]
$$$ Job of the Week: Macquarie needs a Senior Credit Professional. That could be you. [DB Career Center]

Comments (62)

  1. Posted by guest | April 24, 2009 at 5:44 PM

    Keith Hernandez never would have defaulted on his mortgage.

  2. Posted by guest | April 24, 2009 at 5:47 PM

    I never bothered to look into this, but how is it that Dykstra bolstered his claim that he was 92-0 on his option picks?

  3. Posted by guest | April 24, 2009 at 5:50 PM

    WHERE IS THE OBMAMA PORTFOLIO UPDATE??? Have the CONservatives taken over this site?

  4. Posted by guest | April 24, 2009 at 6:05 PM

    Comment removed by moderator.

  5. Posted by guest | April 24, 2009 at 6:21 PM

    Typical, eh?

  6. Posted by guest | April 24, 2009 at 6:25 PM

    In retrospect, Dykstra giving out stock tips should have been a clear sign of a stock market top!

  7. Posted by guest | April 24, 2009 at 6:46 PM

    @3&4
    High school rules apply here at Dealbreaker:
    The Obama Portfolio thing is only funny/cool/interesting when brought up by one of the popular kids.

  8. Posted by guest | April 24, 2009 at 6:56 PM

    And TGFD remembers a time last year when I was chastized for “plugging-up DB’s bandwidth” with trash.
    Well, at least I didn’t repeat myself.
    The Guy from Delaware

  9. Posted by Investorcluzo | April 24, 2009 at 7:05 PM

    @4 – take your $hit back to the yahoo board, a$$clown.

  10. Posted by guest | April 24, 2009 at 7:09 PM

    Guest@#4…
    TGFD suggests that you take a look at DB’s “Job of the Week” posting above.
    One of the more important listed job requirements should be of particular interest to you and well within your area of expertise:
    “• Superior communication skills.”
    The Guy from Delaware

  11. Posted by guest | April 24, 2009 at 7:16 PM

    What did @4 say that was so bad?
    lobsterclops

  12. Posted by guest | April 24, 2009 at 7:42 PM

    @11 he was talking about wagons and deadliest catch. i didn’t understand because i’m a quant.

  13. Posted by guest | April 24, 2009 at 7:43 PM

    #4 really crossed the line. Thank god that comment was deleted.
    I’m feeling ya #7, I’m feeling ya.

  14. Posted by guest | April 24, 2009 at 7:52 PM

    @12
    Any updates on episode 3?

  15. Posted by guest | April 24, 2009 at 8:53 PM

    Faber, Boorstein and the other guy sooooo much better than the usual sh*tshow featuring Kneale, Kudlow, Douche, Francis (godawful!) etc. I actually paid attention to what they were saying for all of 5 min.
    Why not put them on everyday?

  16. Posted by guest | April 24, 2009 at 9:53 PM

    I heard the FBI is looking for #4 after all hell broke loose here at DB.
    Can anyone confirm?

  17. Posted by guest | April 24, 2009 at 10:08 PM

    what did 4 post?

  18. Posted by Investorcluzo | April 24, 2009 at 10:31 PM

    @17 – @4 was a bona fide a$$clown, on second thought, he/she was a mix breed, part a$$clown, part a$$hat, with a little bit of d-bag mixed in…(it was worse than a quad-post regarding the obama portfolio update)

  19. Posted by guest | April 24, 2009 at 10:43 PM

    @17- It was bad; best we don’t talk about it Fight Club.

  20. Posted by guest | April 24, 2009 at 11:05 PM

    @2 – He would buy 10 in-the-money calls 1 year out. If the position moved in his favor $1, he’d sell. If it moved against him, he’d buy 10 more. If he had a lot, he’d start doubling down.
    He didn’t count a trade as a loser until he actually sold it. He had one loser Amdocs, which was -$206,000. He had a lot of winners, which was +250,000. He also had a lot of losers on his books, but which hadn’t had option expiration.
    He was supposedly claiming a win when a trade just touched his price, not withstanding how he would have hundreds – thousands of an illiquid call.

  21. Posted by guest | April 25, 2009 at 1:36 AM

    @17
    It was obviously an inside job. Cluz sure does know a lot about this… just say’n.

  22. Posted by guest | April 25, 2009 at 11:32 AM

    $1.5 TRILLION IN 100 DAYS (PER FOX NEWS)

  23. Posted by guest | April 25, 2009 at 12:38 PM

    What’s the opposite of PROgress?
    CONgress.
    How about a RepubliCAN?
    DemocRAT

  24. Posted by guest | April 25, 2009 at 12:56 PM

    Hey Bess, any truth to the rumor you’ve been cast in “Dealbreaker”?

  25. Posted by guest | April 25, 2009 at 2:34 PM

    What happened to # 4? Missing in action.
    Perhaps, a new victim from Craigslist !

  26. Posted by guest | April 25, 2009 at 2:34 PM

    What happened to # 4? Missing in action.
    Perhaps, a new victim from Craigslist !

  27. Posted by guest | April 25, 2009 at 2:38 PM

    Did # 4 write from Guantanamo Bay?

  28. Posted by guest | April 25, 2009 at 3:46 PM

    Guantanamo Bay is apparently coming to a Montana near you?

  29. Posted by guest | April 25, 2009 at 3:47 PM

    That Craigslist guy is the quintessential poster child for “things may not be what they appear to be”.

  30. Posted by guest | April 25, 2009 at 3:53 PM
  31. Posted by guest | April 25, 2009 at 5:12 PM

    First Danny Boy goes MIA with no explanation from Dealbreaker. Then Mayo, ShamWow, First… the list goes on and on. Latest casualty is guest #4. Common denominator; Dealbreaker. Craigslist guy is a rookie next to these Black Widows. Next to these Black Widows.
    What did you do with guest #4 and Danny Boy Dealbreaker? Tell us!
    You’re on your own guest, I can only do so much. Save yourself.

  32. Posted by guest | April 25, 2009 at 7:35 PM

    Whatever happened to anal_yst, girl, and ham? only the guy from delaware still around from the old comments crew.

  33. Posted by trojan | April 25, 2009 at 8:09 PM

    sanchez to the jets
    i used to have class with him, he’s chill. maualuga, much more of a douche. but linebackers can pull it off.

  34. Posted by guest | April 25, 2009 at 8:28 PM

    I hear SPODE pumped VIK full of lead while Ganal_yst looked on.

  35. Posted by guest | April 25, 2009 at 8:37 PM

    @32- really? ham commented at least 3 time yesterday, analyst multiple times a day (including yesterday), plus investorcluzo etc.

  36. Posted by guest | April 25, 2009 at 8:50 PM

    and whatever happened to john c arney?

  37. Posted by guest | April 25, 2009 at 9:10 PM

    LOBSTERWAGON

  38. Posted by guest | April 25, 2009 at 9:11 PM

    @37- it’s john F. carney. and he died.

  39. Posted by guest | April 25, 2009 at 9:26 PM

    LOBSTERCARNEY

  40. Posted by guest | April 25, 2009 at 9:57 PM

    #38, I’m very sorry to hear that.

  41. Posted by guest | April 26, 2009 at 12:34 AM
  42. Posted by guest | April 26, 2009 at 1:11 AM

    @38- Shut the fuck up Donny.

  43. Posted by guest | April 26, 2009 at 1:20 AM

    This guy?: “Swine Flu Pandemic Would Cost Trillions
    John Carney|Apr. 25, 2009, 7:16 PM”
    http://tinyurl.com/ckc9vn

  44. Posted by guest | April 26, 2009 at 1:23 AM

    http://tinyurl.com/c45bdu “About this Swine Flu Thing” excellent thread with a lot of good information

  45. Posted by guest | April 26, 2009 at 1:39 AM

    @43- Yeah that’s him. He died.
    RIP John.

  46. Posted by guest | April 26, 2009 at 1:48 AM

    I heard Carney died in a plane crash; body parts everywhere. It was a big clusterfuck trying to figure what belonged to who. John’s head ended up on a blonde woman with a beautiful pussy. Blonde landing strip.

  47. Posted by guest | April 26, 2009 at 11:34 AM

    How will this swine flu thingy affect my positions on the open Monday?

  48. Posted by guest | April 26, 2009 at 12:16 PM

    Bulls Make Money, Bears Make Money, Pigs Get Slaughtered

  49. Posted by guest | April 26, 2009 at 1:32 PM

    Mexican swine flu confirmed in Queens. Market gap up 200 points?

  50. Posted by guest | April 26, 2009 at 3:52 PM

    @49 You bet! Any news is good news now.

  51. Posted by guest | April 26, 2009 at 6:15 PM

    go porcine swine! markets to zero!

  52. Posted by guest | April 26, 2009 at 8:12 PM

    Dealbreaker deleted #4 because he is suffering from swine flu and that’s very contagious.

  53. Posted by guest | April 26, 2009 at 8:52 PM

    @52- Word in the blog world is Danny Boy was the outbreak monkey and DB has been trying to cover it up ever since. Now the pieces are coming together. You’re playing with fire when you try to hide something from the CDC. Come clean DB and stop hiding behind an IP address. We know you have girl locked up with Mr. Mustard and his sledge hammer in the library. We know about Gitmo and we know about DirtyNaughtyPanties.com. We know! We know! You’ve crossed the line this time and guest is not going to take it.
    http://www.youtube.com/watch?v=g6srOAqpqj0&feature=related
    Godspeed Danny Boy. And #4, you’re in our prayers for we shall find you.
    Semper Fi #4

  54. Posted by Anal_yst | April 26, 2009 at 10:41 PM

    @32
    Still here bud, where’ve you been?
    Also, Harrison was useless (at best), and Carney has some good stuff (sometimes) @ Clusterfuck, besides that, Richards, Bess, EP holding down the fort

  55. Posted by guest | April 26, 2009 at 11:19 PM

    Is it true that you can catch swine flu from having unprotected sex with a great big fat person?

  56. Posted by guest | April 26, 2009 at 11:28 PM

    On so many programs today they said that all the bank guys went to the NY Fed. How come CNBC’s Rebecca missed them? Is there a back door that everyone else knew about but Big Mack? (sorry couldn’t resist)

  57. Posted by guest | April 26, 2009 at 11:30 PM

    #55, if you can do it without touching her and wearing a mask, go ahead. But, make sure to wash your hands after.

  58. Posted by guest | April 27, 2009 at 1:20 AM

    Ha, another ceo just quit UBS, go UBS!

  59. Posted by guest | April 27, 2009 at 2:27 AM

    “(CH:UBSN, , ) said Monday that Jerker Johansson, the CEO of its investment banking arm, has resigned with immediate effect. The bank said Johansson will be replaced by Alex Wilmot-Sitwell and Carsten Kengeter, who will be co-CEOs of the division. Wilmot-Sitwell is a member of the executive board and head of the Europe, Middle East and Africa region. Kengeter is joint global head of fixed income, currencies and commodities.”
    http://www.marketwatch.com/news/story/UBS-investment-banking-chief-steps/story.aspx?guid={C59ED24F-8978-463D-88B8-AEA843E969D1}

  60. Posted by guest | April 27, 2009 at 7:59 AM

    @58/59
    Too jerker, didn’t cry.

  61. Posted by guest | April 27, 2009 at 8:13 AM

    UBSSucks
    What happened to that guy?
    And blnde bnker?

  62. Posted by guest | April 27, 2009 at 10:34 AM

    @61
    I’m still here …

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