• 25 Sep 2009 at 8:10 AM

Opening Bell: 09.25.09

By Dealbreaker

Lehman Asks To Unseal Documents From Barclays Probe (Reuters)
Some people (Joe Gregory) still thinking the Brits got “an improper $8.2 billion windfall profit,” and would like that money back.
Accused Perot Staffer Led ’79 Hostage Rescue (WSJ)
Inside trading, hostage negotiations– is there nothing Reza Saleh can’t do? This is a true Renaissance Man.
Morgan Stanley Tops M&A League Tables (NYP)
But Goldman is ahead in fees: “$334 million or 9 percent of the market — well above Bank of America Merrill Lynch with a 5.7 percent market share, and Morgan Stanley with 5.4 percent.”
HSBC To Shift CEO To Hong Kong (WSJ)
“We want to be at the gateway to China. Being in China itself is a logical goal and the place to work on it is Hong Kong,” Michael Geoghegan said at a news briefing Friday in Hong Kong. “You must expect Asian businesses to grow, and logically we are going to be here.”
National Lampoon CEO Pleads Guilty To Fraud (AP)
Federal prosecutors in Philadelphia say CEO Daniel Laikin was part of a plot to artificially inflate the company’s stock price by paying people to buy shares. The 47-year-old man, who lives in Indianapolis and Los Angeles, pleaded guilty to conspiracy Wednesday. Prosecutors dropped a count of securities fraud in exchange. Prosecutors say Laikin and others hoped to push the price of the shares from $2 to $5 to boost its attractiveness in a strategic partnership or acquisition.
Marc Faber: The G20 is a “complete and total waste of time” (CNBC)

Comments (31)

  1. 1
    Posted by guest | September 25, 2009 at 8:15 AM

    he looks so constipated in that pic (and regal).

  2. 2
    Posted by guest | September 25, 2009 at 8:19 AM

    I tried to watch that video, but it induced a coma by minute 3…that was some boring shit.

  3. 3
    Posted by guest | September 25, 2009 at 8:22 AM

    I love his accent.

  4. 4
    Posted by guest | September 25, 2009 at 8:24 AM

    @3 – Just think what that dirty little bastard gets up to living in Thailand. I’ll bet he’d be put away for life anywhere else.

  5. 5
    Posted by InfiniteGuest | September 25, 2009 at 8:25 AM

    Smart move on HSBC’s part: Chinese CEOs are much, much cheaper.

  6. 6
    Posted by guest | September 25, 2009 at 8:44 AM

    @7
    FTW!

  7. 7
    Posted by guest | September 25, 2009 at 8:45 AM

    UBS sucks.

  8. 8
    Posted by NakedShort | September 25, 2009 at 8:45 AM

    @6 FTW!

  9. 9
    Posted by guest | September 25, 2009 at 8:57 AM

    Dare is an idea of a Charlie Gasparino; some kind of abstraction. But dare is no real me: only an entity, somethin’ illusory. And dough I can hide my punished lats, and you can shake my definitive-book-penning hand and feel flesh grippin’ yours and maybe you can even sense our workout routines are probably comparable… I simply am not dare.

  10. 10
    Posted by merkin capital partners | September 25, 2009 at 9:06 AM

    Maxine will be leading a Q&A later. Mine are tears of joy.

  11. 11
    Posted by guest | September 25, 2009 at 9:07 AM

    @5 same ceo, just moving his office.

  12. 12
    Posted by Tax Chick | September 25, 2009 at 9:10 AM

    @6
    Very funny.
    @Naked
    Get off the bandwagon and give me back my tinfoil.

  13. 13
    Posted by guest | September 25, 2009 at 9:11 AM

    Who dropped a whole truckload of fizzies into the swim meet? Who delivered the medical school cadavers to the alumni dinner? Every Halloween, the trees are filled with underwear. Every spring, the toilets explode.

  14. 14
    Posted by guest | September 25, 2009 at 9:15 AM

    Where is the coverage on the Ron Paul
    Bill?
    http://www.house.gov/apps/list/hearing/financialsvcs_dem/fchr_092509.shtml

  15. 15
    Posted by NakedShort | September 25, 2009 at 9:16 AM

    @ Tax Chick…Its a Friday who pissed in your Wheaties?

  16. 16
    Posted by guest | September 25, 2009 at 9:18 AM

    Tax Chick
    Once you take off the tinfoil, no matter how hard you try, you won’t be able to put it back on. Your subconscious will always find a way to prevent it.
    -guy who still has tin foil cap and body suit on

  17. 17
    Posted by guest | September 25, 2009 at 9:18 AM

    @14 presumably zero hedge

  18. 18
    Posted by guest | September 25, 2009 at 9:22 AM

    Quick looks like an Amsterdam window dancer. Buffet must be proud of his little girl.

  19. 19
    Posted by Tax Chick | September 25, 2009 at 9:29 AM

    @Naked
    Sorry, being a bit paranoid this am. Perhaps it is walking past 7,000 cops and SS agents all week that has done it. I’ll switch to decaf.

  20. 20
    Posted by guest | September 25, 2009 at 9:32 AM

    @Tax Chick
    You in Pittsburgh by any chance?

  21. 21
    Posted by guest | September 25, 2009 at 9:39 AM

    Gotta get that Gloom Boom Doom!

  22. 22
    Posted by guest | September 25, 2009 at 9:48 AM

    How much time before Greg sticks a fork in our eye?

  23. 23
    Posted by Tax Chick | September 25, 2009 at 9:50 AM

    @20 Nope. Why? Are the cops and SS agents there too? Defintely not enough tinfoil. I wonder if I can expense lead sheets for my office walls?

  24. 24
    Posted by NakedShort | September 25, 2009 at 9:52 AM

    @Tax Chick I heard a nasty rumor that you are housing Gaddafi in your safe room. If thats the case I understand your paranoia.

  25. 25
    Posted by guest | September 25, 2009 at 9:54 AM

    why does my wife not enjoy giving me head

  26. 26
    Posted by G-20 | September 25, 2009 at 9:56 AM

    Marc Faber is a complete and total waste of time.

  27. 27
    Posted by guest | September 25, 2009 at 9:57 AM

    @22 As soon as he finds something on Bloomberg about either of these: rating agencies, Russians, Australians, Swiss and Benmosche/Maxine.

  28. 28
    Posted by Tax Chick | September 25, 2009 at 9:57 AM

    @Naked…
    Who told you that?! Fucking neighbors. Have to add them to the list. I knew letting Momar pitch a tent in my yard would give it away.

  29. 29
    Posted by CoveredLong | September 25, 2009 at 10:04 AM

    @28/TC – Reading that made me pitch a tent.
    -S____ S______ (sans the ‘I’ though)
    P.S. It moved.

  30. 30
    Posted by guest | September 25, 2009 at 10:05 AM

    Whats a Dick Fold?

  31. 31
    Posted by guest | September 25, 2009 at 11:01 AM

    @25 why do you care whether she enjoys it or not?

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