$$$ FDIC disputes report on bank CEOs being replaced [Reuters]
$$$ Job of the Week: Morgan Stanley needs a credit risk analyst. That could be you. [DB Career Center]
$$$ "Gone is the distinct masculine flavor of an all-male college. The maleness of the Nassau Inn's Tap Room has been replaced by a female, dainty, tearoom atmosphere. A glance at the Class Notes reveals that younger class secretaries are almost entirely women.
My fear is that the Princeton Univer-sity I knew has been taken over by a female majority (for better or worse). I am surprised that other male graduates are not upset by these developments." Yeah! And don't think this hasn't had a direct affect on the Street, where you were once able to smoke pole on the desk without the prying eyes of women. Now? Not so! [PAW via AWL]
$$$ Defecating is back at Merrill [clusterstock]
$$$ Who wouldn't want to play asshole with these guys? You can, right here!
Posted by guest , May 15, 2009 5:40PM
I would love to have a shower curtain made of those playing cards...
Posted by guest , May 15, 2009 5:49PM
Barney Frank a queen? I don't get it.
Posted by guest , May 15, 2009 5:50PM
Barney Frank as a queen, well I never.
Posted by guest , May 15, 2009 5:56PM
@3 ftw!
@2 Go back to Yahoo! Finance
Posted by guest , May 15, 2009 6:04PM
For those of us who have been trading more than 10-15 years...didn't an intoxicated, imbalanced PM pinch a loaf on top of a meal service cart on a flight back from South America years ago?
That's still got to trump a steamer in a stairwell, right? I mean were talking balance atop a cart on wheels with dropped trou + time and opportunity.
I think to top that would require some quality time atop the middle of the trading desk during the AM call.
Posted by guest , May 15, 2009 6:15PM
"I'll call, Bernanke. What do you got?"
"Four Jokers"
Posted by guest , May 15, 2009 6:16PM
"I'll call, Bernanke. What do you got?"
"Four Jokers"
Posted by guest , May 15, 2009 6:25PM
What idiot made these? Why is Kashkari on a "most wanted" set? And for the last time, only idiots who don't know how to "double check" opinions will blame Cramer for anything.
Posted by guest , May 15, 2009 6:39PM
barney fucking frank should be the ace of spades. he is the mother fucker most responsible for this whole mess.
Posted by Joseph di Jersey City , May 15, 2009 7:07PM
Re Princeton: I went there as a grad student and 1) no men that I knew liked the fact that the grad school was about 65% male and 2) The Nassau Inn was not a place that undergrads (or grad students) went to - more like out of town professors, business people, and parents. Note bene: that national 21 drinking age happened around 1980 and is something actually worth complaining about on behalf of young-uns.
It's breaking this old guy's heart that "younger class secretaries are almost entirely women", despite how it seems like he would find secretary a fitting role for women. I guess back in his day the men were men and the women were too.
Posted by guest , May 15, 2009 7:26PM
Bess: If Stan O'Neal had played a larger role in the financial crisis, would you have made him the Ace of Spades or would you have ditched the card thing and thought up a new motif?
Posted by guest , May 15, 2009 9:35PM
"Stanely" O'Neal?
Posted by Lowly Assistant , May 15, 2009 9:57PM
Joseph di Jersey City,
But the Inn's popcorn is incredible. And the Rockwell painting? Give a little, take a little.
Posted by guest , May 16, 2009 1:02AM
It's "nota bene." imagine this being told to you by Matt Damon at the Nassau Inn. Additionally, in the words of Meat Tuperello, Princeton sucks.
Posted by guest , May 16, 2009 2:27AM
Ken Lewis' card pic is that defining moment when he finally worked up the courage to tell Barney:
Since you've abandoned me
My whole life has crashed
Won't you pick the pieces up
Cause it feels just like I'm walking on broken glass
Posted by trojan , May 16, 2009 4:02AM
@4
your sarcasm fundamentals need work. try practicing 5x daily.
-not 2
Posted by guest , May 16, 2009 10:56AM
Saddam Hussein? They should call him So Damn Insane!
Hey! You're just fanning the flames of hatred!
Posted by guest , May 16, 2009 11:41AM
Fool@#9...
"Barney Frank is most responsible for this whole mess."
Wrong; very wrong.
If you want to blame one person, try blaming former Sen. Phil Gramm of Texas.
Now he is the one MFer most reviled by TGFD.
And to think that Gramm was selected as McCain's finance minister during the campaign. On that one point alone, TGFD is damn glad that McCain didn't f'n win.
If you don't recall, Gramm is the prick who led the charge in Congress that overturned Glass-Steagall and Uptick.
F'k the MFer forever.
The Guy from Delaware
Posted by guest , May 16, 2009 1:24PM
Re: Job Opening for credit risk analysts...Morgan Stanley currently has a bunch of Merrill and Lehman cast-offs doing credit risk management...who are they going to hire, ex-AIG or Bear? Short the Mack.
Posted by guest , May 16, 2009 1:52PM
BTW, are these going to be replaced too?
http://blogs.moneycentral.msn.com/images/topstocks/powersuit.jpg
On what, then, will you tools waste your money?
The Guy from Delaware
Posted by trojan , May 16, 2009 2:15PM
@TGFD
interesting how Gramm is now one of the biggest lobbyists/VP for the artful tax dodger UBS
Posted by guest , May 16, 2009 2:53PM
trojan@#21...
TGFD didn't know that. Thanks.
Again, f'k the MFer forever.
The Guy from Delaware
Posted by guest , May 16, 2009 4:42PM
"If you don't recall, Gramm is the prick who led the charge in Congress that overturned Glass-Steagall and Uptick."
I've heard that charge many times yet I have never read a "connect the dots" explanation of just how it caused the failures of Fannie and Freddie. No explanations, just proclamations.
On the other hand, there is a wealth of information connecting the dots, explaining just how Barney Frank and his pals caused the current financial disaster:
http://www.usnews.com/blogs/capital-commerce/2009/03/17/yes-the-community-reinvestment-act-really-did-help-cause-the-housing-crisis.html
http://www.chicagotribune.com/news/politics/obama/chi-rahm-emanuel-profit-26-mar26,0,5682373.story
http://www.youtube.com/watch?v=cMnSp4qEXNM&NR=1
http://www.openmarket.org/2008/09/16/clinton-pressure-to-promote-affordable-housing-led-to-mortgage-meltdown/
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSKSoiNbnQY0
http://online.wsj.com/article/SB122290574391296381.html?mod=article-outset-box
http://www.aei.org/outlook/28704
http://www.city-journal.org/2009/19_2_homeownership.html
For those who blame Gramm:
Where's the beef?
Posted by guest , May 16, 2009 5:47PM
-@5
Good memory - glad to meet fellow old time trader.
It was Gerard Finnerman, of The Trust Company of the West, Greenwich, Con. MD to boot. Letterman's top 10 after that incident...
As presented on the 10/27/95 broadcast of LATE SHOW with DAVID LETTERMAN
10. Misread brochure about advantages of first class
9. Confused when steward asked for headset deposit
8. Went nuts after learning they were out of chicken almondine
7. Though he heard somebody yell, "We're going to crash!" and that was just something he always wanted to do before he died
6. Hoping to impress aloof blonde English woman in 2-D
5. Had already used airphone to call everyone he knew
4. You try drinking for 14 hours and see if you can tell the difference between a food cart and a bathroom
3. All part of an elaborate plan to intimidate the real killers
2. His ... wouldn't fit in the overhead compartment
1. "Oh, like you've never done it"
Posted by Investorcluzo , May 16, 2009 6:37PM
@9 - but then what card would maxine get?
Posted by guest , May 16, 2009 6:48PM
Kudos @ 24 -@5
Posted by Anal_yst , May 16, 2009 8:55PM
@TGFD
wtf are you talking about? If you think dropping the uptick rule and Glass-Steagall caused shit you're more of a lost cause than I thought, jesus man have you learned nothing here?
Posted by guest , May 16, 2009 9:12PM
http://news.yahoo.com/s/ap/20090516/ap_on_bi_ge/us_fund_manager
Lying to your relatives about your pretend hedge fund, taking their money, then losing it at poker is the new killing it.
Posted by guest , May 16, 2009 10:40PM
@TGFD - In my experience, those who think the uptick rule is the last thing standing between us and tyranny are the same fools who think asset prices, of all sorts, should always rise.
To quote Blazing Saddles, "You know... morons."
Saying Gramm is a rat bastard is your right, of course. Doing so and using Glass Steagall, the uptick rule, or both as justification, however, makes you look like an ignorant day-trading rube.
Posted by guest , May 17, 2009 1:42AM
Re the Princeton guy --
Class of 1945, huh? So while the rest of your "greatest generation" was off fighting WWII, this tough guy was hiding at Princeton.
You can talk tough now, buddy...
Posted by guest , May 17, 2009 1:50AM
I like John's writing over at Clusterstock, I miss that guy.
Posted by guest , May 17, 2009 2:08AM
Asshole is one of my favorite games to play on my Williams Sonoma furniture. TGFD likes quality woodwork, and loves a ribald card game.
The Guy From Delaware
Posted by american bandersnatch , May 17, 2009 6:23AM
@29 - Nice comment- "Crush TGFD, drive him before you and hear the lamentations of his ego."
Posted by guest , May 17, 2009 8:43AM
TGFD is dead.
Posted by guest , May 17, 2009 9:33AM
Let me guess, George W. Bush is the Ace of Spades in those playing cards. If not, I'm not buying it.
Posted by guest , May 17, 2009 10:12AM
@31- is there something preventing you from typing in his new url and going there?
Posted by guest , May 17, 2009 10:33AM
They are making a nice profit on those cards.
Posted by guest , May 17, 2009 11:19AM
Mow the lawn
Posted by guest , May 17, 2009 7:56PM
Barney Frank is a man's man.
Posted by guest , May 18, 2009 3:01AM
@TGFD
Drop the uptick rule nonsense. Anything that failed was a pile of shit anyways and was bound to fail. Shorts helped provide the mechanism to discover true value.
On the other hand, BF was responsible for much of the Fannie and Freddie legislation which primed this crisis. Come now, there are many on both sides who deserve to be drawn and quartered, but Barney is one of the chief architects that built F & F into the massive, complex mortgage clusterfuck it has become.
Posted by guest , May 18, 2009 10:11AM
#40 - Spare us the HF talking points about the noble shorts who discovered "true value." Repeating stuff over and over again doesn't make it believable.