Madoff can expect de facto life term at sentencing (Reuters)
Sentencing at 10AM today, where prosecutors are hoping for 150 years, while Ponzi Boy and his lawyer are still holding out for what they have deemed an extremely reasonable 12. In kind of a crock move, Judge Denny Chin is allowing Bernie to wear his own clothes, when you know a jumpsuit would be so much more dramatic. In related news, Lady MacMadoff has been forced to live off a lump sum of $2.3 million.
UBS could pay up to $4.6 billion to settle U.S. tax case (MarketWatch)
The Swiss just want to put this behind us and get back to what they do best as quickly as possible.
A Unified Bank Regulator Is A Good Start, By Jamie Dimon (WSJ)
“We should avoid the temptation to have multiple regulators just for the sake of having them. Three or four different regulators all looking at (and fighting over) the same issue is not a wise use of taxpayer money. Companies can’t operate that way. Neither should the government.”
Madoff Victims Turn On Each Other (NYT)
“It’s been your typical reality-show kind of fighting,” said Jen Meerow Berniker, 32, a second-generation Madoff customer whose retiree parents lost their life savings through a feeder fund. “It’s every man for himself right now.”
Warren Buffett lunch sells for $1.68 million on eBay (Reuters)
Down 20% from last year’s winning bid of $2.11 million.
Decision on bond for Stanford to be reviewed (Houston Chronicle)
Supposedly we’ll find out this morning if Sir Stan will stay locked up until his trial or freed on $500,000 bond (his attorney says he’s not a flight risk, natch). Either way we can all agree that Sticky Wicket was robbed on account of someone stealing today’s limelight.
Bank of New York Mellon Faces More Write-Downs (Dealbook)
“Yes, we will book further write-downs, but we will be able to handle them. The securitized mortgages on our books amount to $3 to $4 billion, which corresponds to only 2 percent of our balance sheet,” said CEO Robert Kelly.
Madoff Victims Tell Their Story (BBC)
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greedy
Amanda Drury on cnbc this morning. Discuss.
@2 – amanda d only here for one day (what were the big wigs at ge thinking), will today’s results be so good that she returns later this week? discuss…
UBS Sucks a$$
“Victims” on GMA
@2, @3
What an absolute amazing way to start off a Monday morning in the summer. She should be required to do the 6-7am shift every Monday.
@5, can I assume GMA = good morning america?
@7 yes. don’t judge me.
-5
@1 = ruthie
the dude in the video look like Andrew Ross Sorkin’s father.
drury looks like a high class escort.
nice hooters
liesman looked like a drooling idiot when drury intro’d him.
Who does the clothes on CNBC?
@2. I’m not saying Amanda Drury should replace quick. All I’m saying is that they should KY wrestle for the spot. I’d buy that for a dollar!!!
@8 fair enough. I just didn’t know that employed people actually watch that show.
Mandy would have made an excellent moll in a 60s movie.
@15 winner gets to mudwrestle Erin B for the 2 p.m. slot
Billy Mays…R.I.P. Mourn you till I join you, Brother.
@18. they need to first take on Trish Regan on the Call… then Carusso-Cabrera on Power Lunch… (and I also do not see Erin Burnett as the pinnacle of female ‘talent’ on the channel…)
i would take drury to the finest Outback in town. Possibly let her add a lobster tail for $6.95.
I’d like to hear Billy Mays do an infomercial for Amanda Drury.
“Hi, Billy Mays here! Today I’d like to introduce you to the Awesome Aussie!”
“She’s blonde, intelligent, and looks good on TV. BUT WAIT, there’s more!”
i hope bernie makes it a good show – by rapping mo’ money mo’ problems to the judge and throw spitballs at the witnesses
Touchingly, I understand the grief stricken were leaving lighted candles attached to tubes of “Mighty Putty” and buckets of “Oxy-clean” in front of Billy’s gated community.
Many images of your favorite anchor babes or hunks at this site.
http://www.reportercaps.proboards.com/