• 10 Jun 2009 at 5:52 PM

Write-Offs: 06.10.09

By Bess Levin

$$$ “A memo [prepared by the staffers for Republican lawmakers] said that Richmond Fed President Jeffrey Lacker wrote in a Dec. 20 e-mail that Bernanke intended to “make it even more clear that if they play that card and they need assistance, management is gone,” referring to a threat by Bank of America to break off its deal with Merrill.
That was a “gun placed to the head of Bank of America to go through with the merger,” the Republican memo said.” [Bloomberg]
$$$ Girlfight at Citigroup [Cityfile]
$$$ Hedge Fund AdultVest Unveils Free Porn Service [FINalternatives]
$$$ Happy 50th Birthday, Eliot Spitzer! Hooks are on us.

Comments (27)

  1. 1
    Posted by guest | June 10, 2009 at 6:12 PM

    Ya know….This place is getting really boring without those whack jobs from Delaware. Are they, meaning TGFD and his evil twin TOGFD, banned or something? I say we take a vote to get them back. What say ye o’ venerable DB posters?

  2. 2
    Posted by guest | June 10, 2009 at 6:14 PM

    @1- stfu. yes, they’re banned, because they’re annoying as fuck and it’s better w/o them.

  3. 3
    Posted by guest | June 10, 2009 at 6:15 PM

    What are the chances Ben just cops the Fif?

  4. 4
    Posted by guest | June 10, 2009 at 6:17 PM

    he’s going to be asked/forced to testify. he can’t just “plead the fifth.”

  5. 5
    Posted by guest | June 10, 2009 at 6:18 PM

    FBN fucks up, none of the three anchors knows what a “stay” is.
    http://www.huffingtonpost.com/2009/06/09/fox-business-network-has_n_213506.html

  6. 6
    Posted by guest | June 10, 2009 at 6:21 PM

    how shocking that FBN wouldn’t know what it’s talking about. SHOCKING.

  7. 7
    Posted by guest | June 10, 2009 at 6:41 PM

    Phallus phalanx at Greg’s tonight. Everyone is invited.

  8. 8
    Posted by guest | June 10, 2009 at 6:47 PM

    Working at AdultVest = always killin’ it!

  9. 9
    Posted by guest | June 10, 2009 at 7:16 PM

    I see an ad on dealbreaker for the Pepperdine MBA, apparently associating it with a job in finance. Sure. Right. Go waste your money at Pepperdine.

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

    @2: No, you STFU. Moron. I was asking for a vote. Not your opinion, which I could give a flying fuck about. Wad….

  11. 11
    Posted by guest | June 10, 2009 at 7:25 PM

    Hey Greg? Uh it’s Ted again, your timeshare buddy from the Hamptons…Listen when you came by last night to get your stuff you left a back pack in the closet…and well I took a look…dude just pick this thing up or I don’t know. Just come by and get it off my hands. Thanks man.
    Ted

  12. 12
    Posted by trojan | June 10, 2009 at 7:32 PM

    7
    i thought the invite said Elephant Walk

  13. 13
    Posted by guest | June 10, 2009 at 7:40 PM

    Greg – Why so many invitations to your mouth, lately? I hope you at least brushed your teeth this morning.
    Love,
    Mom

  14. 14
    Posted by guest | June 10, 2009 at 8:27 PM

    http://www.facebook.com/ext/share.php?sid=118221597424&h=mounM&u=Umg2R&ref=mf

  15. 15
    Posted by guest | June 10, 2009 at 8:56 PM

    @9
    Pepperdine’s Graziadio (yes, that Graziadio) School of Business and Management: diluting the value of MBA programs since 1969

  16. 16
    Posted by guest | June 10, 2009 at 9:04 PM

    cant wait to hear leisman spin this new info on BAC/MER and jolly drunk KL in the am.
    I believe ole Steve-o took Bernanke’s cock out of his mouth long enough to come to his defense back in Apr when the news first hit

  17. 17
    Posted by Seaman Bodine II | June 10, 2009 at 10:21 PM

    I saw that DB got a shoutout in FinAlt for the DESCO firings…it probably pains my stalkers to know I was there in person when they fired about 10X that amount in 1998.
    Of course, I survived, but only as I was grossly underpaid.

  18. 18
    Posted by guest | June 10, 2009 at 10:24 PM

    @SBII– finalternatives links to db all the time, almost suspiciously so.

  19. 19
    Posted by guest | June 10, 2009 at 11:13 PM

    http://online.wsj.com/article/SB124467822161104275.html

  20. 20
    Posted by guest | June 10, 2009 at 11:14 PM

    same old news same old news same old news. The World of Finance is getting boring.
    Time to head to the beach.

  21. 21
    Posted by guest | June 10, 2009 at 11:20 PM

    http://www.youtube.com/watch?v=QHhZH99IIxk&feature=related

  22. 22
    Posted by guest | June 10, 2009 at 11:20 PM

    @20 on a long enough timeline, everything is always the same in finance. get used to it or get out.

  23. 23
    Posted by guest | June 10, 2009 at 11:21 PM

    Simons quit smoking? wtf, man.

  24. 24
    Posted by Seaman Bodine II | June 10, 2009 at 11:21 PM

    If JS sells Rentech to China, it means 1 of 2 things:
    (1) Rentech is a scam, and JS is pulling a Kurt Vonnegut (ok, I admit it, it really was a whorehouse)
    (2) JS thinks he’s Peter Sellers

  25. 25
    Posted by guest | June 10, 2009 at 11:22 PM

    Bess:
    I sooooo want to do you…

  26. 26
    Posted by guest | June 10, 2009 at 11:30 PM

    @22, that’s my point. Been in the show for 20 yrs and maybe now’s the time to walk.
    ~Could just be the vodka.
    /20

  27. 27
    Posted by guest | June 11, 2009 at 12:24 AM

    whatever happened to that my boyfriend banker is broke blog?

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