Supposedly “the entire Merrill Lynch index desk” has left Bank of America to go work for Citadel (ship jumping characterized as “like going from the Titantic to the Lusitania” by our tipster. We would never put it like that). It is unclear whether or not they’re carpooling with their friends from the investment bank, also making the trek to Chi-town. Also unclear is whether or not Ken Lewis and Co will be throwing a similar fit to the one JPMorgan did over employees abandoning them for Ken Griffin (or if KL will take the “this is an act of war” letter-writing approach, or if he’ll just be too drunk to notice).
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Dear Bess, where have you been this morn? Late night with Nouriel, last night?
Are Mozilo and Thain going too? What about Stan O’Neal?
@1 – that’s sexist.
@2- yes
I thought everyone was leaving for Jefferies?
@3 sorry. and i meant nothing lascivious either. just reference to roubini’s partying with young nubiles, in an economic sense.
I hate when people say “chi-town”
Chicago* > New York > Beirut> Hell > Charlotte
*Chi-NY is close
@8 – oooh. Burn.
@7- is that you ken?
So does this mean I can get a job at ML(BAC) now…I’d like to get paid to fail.
Serious question. What kind of $ do you think a managing director at Citadel makes. OBVIOUSLY there is a range is wide as michelles hole, but i’d like some sort of idea
@10 I am Ken’s mistress
@12- A LOT, though not as much as you would when the firm wasn’t down 55 percent for the year.
where do all the boone’s farm jokes come from? Can somebody link me?
War of the Ken’s!
@12 et. al., wht’s with the vitriol for MO? You know she’s hotter than any 1st lady in recent history. I know that ain’t really sayin’ shit, however.
@17
she looks like aunt esther from sanford and son
I’d do her several, several times.
-Jack “I’m no schoolboy but I know what I like” Cafferty
@15- the mind of bess levin.
go get’em ken. you’re a tiger.
this ain’t the first time citadel raided ML (they once took the entire data warehouse team from research!) and there was a JPM-style call back then too.
You sure these guys didn’t get “RIF’ed “yesterday?
The index desk…which asset class?
What does Citadel have that MS doesn’t? Uncapped compensation?
an office that’s not in times square, for one
Okay not to be a huge tool about it, but inform your tipster that the correct analogy would have been like the exodus from the Titanic to the Carpathia.
Uh… I think that the original analogy is correct. per wikipedia: “The Lusitania… (was considered) to be the second most famous civilian passenger liner disaster after the sinking of the Titanic.”
You might have to think about it for a minute.