BAC Hit By Fine Over Merrill (WSJ)
BAC’s having to shell out $33MM after settling a civil suit brought against the company (neither admitted nor denied) tied to the Merrill bonus pool. Impressively, the complaint had just been filed Monday, and was focused on proxy documents sent to shareholders of both companies for the vote on takeover.
UBS Loss Widens To $1.32B (WSJ)
The Zurich based firm best known for its strict measures to safeguard client data has widened its loss in the second quarter due to, as it claims, restructuring efforts.
Google’s Schmidt Quits Apple Board (FT)
“Mr Schmidt’s departure comes three months after the US Federal Trade Commission started an investigation into multiple directorships, and days after the US Federal Communications Commission launched a review of its own into why Apple had blocked a Google application from working on its iPhone.”
AIG Finds CEO Replacement (FT)
The embattled and embittered company has filled the CEO role with none other than MetLife’s Benmosche. We wish Mr. Benmosche all the best in his role, and can only hope the US Government shows him the respect they allowed Mr. Liddy.
Goldman’s Blankfein Tells Employees To Reel It In (NY Post)
The idea being the company is facing a bit of a PR crunch, Blankfein is asking the ‘ites to refrain from blowing their wad on useless high profile shit. Needless to say, there’s going to be that one guy who, post heist, buys the Lamborghini and leads the Feds right back to the hideout. Or given the address, a dozen midget hookers and a kilo of ibogaine. Your Call.
Clinton Hits North Korea In Rescue Mission (Bloomberg)
Former President Bill Clinton is in N. Korea to aid in the release of the two journalists captured infiltrating the motherland. If successful, it’s a long trip home. Good luck ladies.
Kaupthing Leak Exposes Loans (Telegraph)
It appears that just before the bank lost its ass and relegated an entire country to indentured serfdom it paid out billions in loans to its largest shareholders.
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the douche on the bull was filming a movie
i don’t know what’s lamer, having to read that somewhere else, of the fact that it wasn’t real
what is lamer?
- douche on the bull
- greg
- calling yourself seaman bodine II
UBS svcks.
Bill Clinton’s plane trip home will make Todd Thompson look like a minor leaguer. Our malaise is over and America is back!
@3 nice
from BBC World News a minute ago, Quote:
“Other banks are starting to post profits but not UBS”
Yep, they suck donkey balls.
Was this opening bell written by Bess? It’s pretty darn tight.
re UBS
The big American banks are back to minting money, the big Europeans are making money, even Citi faked positive numbers. Not UBS. No, they had a ‘wider’ loss.
UBs sucks.
A gold-plated scrot is not useless high profile shit. It says, “I am Golden Scrot.”
@9 – i thought it meant “gold man-sacks”
“Seaman Bodine” is a perfectly respectable handle as any aficionado of early Pynchon knows.
@7 – not so fast buddy (and I’m not your pal). if bessy had written the open she would have cited the post article, not an article referencing the post….
http://www.nypost.com/seven/08042009/news/regionalnews/goldman_princes_told__spend_like_paupers_182904.htm
When they found Carbone in the meat truck, he was frozen so stiff it took them three days to thaw him out for the autopsy.
-Blankfein narrates
20 mg of ibogaine last night but here I am. Still hooked.
@12
I’ll go get the paper, get the paper.
Good old Benmosche, still sleeping with his Head of HR?
@12 That’s the first thing I thought of when I read the Goldman blurb
William, I love you but it’s suit not suite in the BAC article.
@Cluzo, @17 – Fixed, thanks.
@11- Ok, I’ll shoot for Anal_yst under one of EP’s pseudonyms. How’s that?
PS. I’m not your buddy, Dude.
Are Bess and CG eloping or something?
dealbreaker team — any sign of an uptodaye hsbc hedgeweekly pdf?
@18 – thx billy. well done.
@10
being an aficionado of Pynchon sucks more than UBS
you heard it here first.
@23
Suck my dick, shit ass!
-Pynch
Whats the over/under on the amount of fraud that has taken place in the “Cash for Clunkers” Program? 350 million? 400 million?
@24
Suck my ass, fuck face!
-Guest
26 = Don DeLillo
I am always happy to see your posts.
I know that you’re not likely to the same about mine.
Seaman Bodine II
@29
..sucks donkey cock
UBS is the new killin it
How are asians and jews so smart?
#27,
The name is Dom DeLillo.
Dom. With an “m”.
K?
@33 – FAIL
After Lufthansa, Jimmy, who has instructed everyone to not attract attention and act normal, is tense about their ostentatious, flashy spending without his approval: “Don’t buy anything. Don’t get anything. Nothing big. Didn’t you hear what I said?…you’re going to get us all f–kin’ pinched, that’s why. What are you, stupid?”
@35 – @12 here. Well done. That was the quote I was looking for, just couldn’t find it exact. So I went with the after math.
@30
a pic of me and my woman
http://donkeycock.files.wordpress.com/2008/08/tree-donkey-cock.jpg
@2- ‘lamest,’ as you were choosing from among three. Lamer if you were choosing between two.
/GP
Grifter using hawt twats to bag $100 millions
http://money.cnn.com/2009/07/31/news/companies/dina_wein_reis_fraud_trial.fortune/index.htm?postversion=2009080316
With regards to GS, can’t help thinking about the ‘luftansia heist’, lol
http://www.youtube.com/watch?v=_lgLaY9BiAo&feature=PlayList&p=0674370B4A6CEB9A&playnext=1&playnext_from=PL&index=43
@ 32- Did you just graduate from high school or something? you don’t come across as an intelligent person. And if you do atually work, then I feel bad for your employer. He has an idiot working for him.
@41
answer the question
@41 So how are they???
- 32