Lehman Says Barclays Got $5 Billion Discount, Wants Assets Back (Bloomberg)
“This is an opportunistic claim,” Barclays spokesman Michael O’Looney said. “Now that the economy has begun to stabilize the Lehman Estate is trying to re-trade the deal on the basis of a meritless argument.” Opportunistic claim Joe Gregory’s ass!
U.S. rebuffing big banks’ push to exit bailout (Reuters)
Not so fast Pandito!
Griffin Shifts Funds’ Strategy to Fortify Citadel (Bloomberg)
Fresh from a European vacay Ken Griffin is ready and raring to go. KG says the team is “solidly focused on the future,” Kensington and Wellington are back in the game, and the newly formed Royal Bank of Citadel will compete with Goldman Sachs and Morgan Stanley. As for last year’s meltdown, Kenny says he “was where he wanted to be on that Friday [before Lehman declared bankruptcy]” but if you’re going to back him into a corner, fine he will say this: “In retrospect, I wish I had had less leverage.”
Citi’s Parsons Said To Join Equity Firm (NYT)
New gig for Dick as senior adviser to Providence Equity Partners though he’ll stay on as Citi’s chair. Quit Vikram? Never.
Yankees Ticket Prices Coming Down For ’10 Season (CNBC)
40 percent off in the Delta Sky 360 Suite.
Wells CEO: Wachovia Integration ‘Is on Plan’ (WSJ)
John Stumpf also discussed the vice-president who partied in a foreclosed Malibu home, saying the incident “hurt” and that Wells Fargo will “review policies for employees who deal with repossessed properties to make sure such violations don’t happen again.”
Buffett: “I– I think the odds are very much against getting significantly worse. It’s sort of plateaued at the– at the bottom right now, but if you got some horrible exogenous event, some– some, you know, 9/11– type event or worse– you know, you could have something that would be dis– really disruptive and start things all over again.” (CNBC)
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
STFU ken griffin.
joe gregory gots to get paid!
Is Kenny back in the game like Cliffy’s back in the game?
Inquiring minds want to know …
Being Jamie the Greek is prettay, prettay sweet, and it just gets better and better.
Warren Buffett needs to shut his lips and do the Helen Keller.
Buffet is Dalton, a legendary investor who comes to New York City for a special purpose: to restore order at notorious Wall Street Investment Banks. In one spectacular fight after another, Dalton rids the Street of evil short sellers and writers of financial weapons of mass destruction. But when he runs afoul of Lloyd Blankfein, the stage is set for a blistering showdown that’ll leave only one man standing.
@4 you don’t know the half of it.
I guess this means that I can’t use the REO properties I manage as greenhouses for my special grass anymore. That chick had to go ruin it for the rest of us.
@6 The stuffed-animal fell on Chazzy while was molesting it, so he didn’t see anything.
I like your hair down.
Down around my balls.
xoxo,
Warren
I’m Sending Art Cashin ouija Board in honor of Autumnal Equinox. Can we all form a circle?
Got my Handbridge Capital mouse pad today. Sweet!
Blackberry killed Iceland!
@10 the classics never die.
@6 – Who is LB’s Jimmy? You know, the guy who has his throat ripped out by Dalton?
Plateaued at the bottom?
all he’s thinking is, “Damn, I wish you were Liz Claman.”