Bank of America’s Brian Moynihan Is Said to Court Former Merrill Bankers (Bloomberg)
“We are going to be aggressive in the talent we attract and we feel very good about the people we’re attracting and retaining,” said Jessica Oppenheim, a Bank of America spokeswoman. She declined to elaborate vis-a-vis how far Moynihan’s willing to go but we’re to understand it’s a no holds barred situation. For those of you getting a call from Bri-Moy, make him dance.
JPMorgan Trading May Rescue Profit for Second Straight Quarter (Bloomberg)
Joyous news from the House of Dimon, which will probably report earnings of $1.59 billion.
Cuomo, Rattner Eyeing Settlement (NYP)
The Attorney General’s office is apparently not interested in pressing a criminal case against the former Car Czar, and has been applying pressure on SRat/Quadrangle to come to an understanding that will avoid civil charges having to be filed, and a live screening of Chooch in Bryant Park.
GM’s Wagoner Rides Off With $8.5 Million (NYP)
It’s not the $20 million package we were all hoping for but it’ll do. Rick will get $1.64 million annually for the next five years, as well as $74,030 a year for the rest of his life and all the Pontiacs he could ever desire.
Risks at Goldman Include an Outcry Over Pay (BV)
GTFO, really?
NY Trustee Sues Offshore Hedge Fund in Madoff Case (AP)
Apparently the Herald fund and HSBC ”knew or should have known that (Madoff’s business) was predicated on fraud” and now might have to pay $587 million for the slip-up.
Robert De Niro victim of New York art scam (Reuters)
Other victims of the $88 million scam include John McEnroe and the art buffs at Bank of America.
French Nortel workers secure talks after blow-up threat (Reuters)
“Unions have agreed to remove the gas cylinders placed around the site after their demand was met,” the local prefect’s chief of cabinet said.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
http://dealbreaker.com/2009/07/steve-rattner-stepping-down-as.php
So the picture caption should have read:
“Caller ID says ‘NYS Attorney General’s Office’, should we pull a big momma and say we’re having mute problems?”
@1 nice
@1 well done
-big momma
does anyone else see a little resemblance between bobby d and jamie d, when dimon hasn’t shaved? http://dealbreaker.com/2009/05/jamie-dimon-beats-lloyd-blankf.php
@4 totally. brothers from other mothers.
French Worker = Oxymoron
Where’s my fuckin’ steak already?
Hi guys.
6 is a jumbo shrimp!
How did the scam artists get through Bank of America’s stringent Due Diligence Process?
@9 really?
Is there a reason the entire group of Frenchies involved aren’t thrown in jail for terrorism and blatent extortion? I mean, I know its France and all, but even then, no?
@12
they won’t do anything – french are cheese eating surrender monkeys
@12
Frenchies don’t want to trigger another revolution. Guillotine and all. Messy stuff.
haha ! yes good make fun of the french because there aren’t as stupid as the ppl of amerikkka, who like being repeatedly assraped by ugly and retarded anglobitches.
@15 English, please.
@15
sounds like the bacteria that rot your nasty cheese are having a go at your brain
@10 well played sir.
@16: i’m trying my best.
@17: hilarious ! Think about the concept of “useful idiots” :)
@15
Sure, I’ve been called a xenophobe, but the truth is, I’m not. I honestly just feel that America is the best country and the other countries aren’t as good. That used to be called patriotism.
20 What you’re feeling was never called patriotism. You need to get out more.
Moynihan and Brille have done a great job killing Merrill’s IBK franchise, over 40 former Merrill MDs have left, including most of the senior M&A talent. As a former BACer, these two add nothing in terms of client relationships, add little or no value with their less tnan inspirational townhalls. BAC is heading back to 13th place in M&A!!!