• 07 Oct 2009 at 8:15 AM

Opening Bell: 10.07.09

By Dealbreaker

Picture 2.pngWinters Shows JPMorgan Path to Safety, Dimon Shows Him the Door (Bloomberg)
Bill Winters is on the JPM payroll til January but he’s actively taking calls to discuss his future, if any potential employers are interested in this kid. Fun B-Dubs fact: he took a year off during college to work in a beer-bottling plant in Croatia.
Fed Frets About Commercial Real Estate (WSJ)
“Banks will be slow to recognize the severity of the loss — just as they were in residential,” according to a Federal Reserve presentation to banking regulators last month, which was reviewed by The Wall Street Journal.
Fannie And Freddie To Aid Mortgage Banks (WSJ)
The goal being to “reduce risks faced by independent mortgage banks so they can obtain short-term credit.”
RBS Faced Risk of Full Seizure by Brown in Crisis, Gieve Says (Bloomberg)
Breaking: “If RBS, HBOS, Lloyds had gone down last year, that would have had huge contagious effects throughout the rest of the world.”
Back To Wall Street (Forbes)
Senior executives who quit their jobs last year due to the markets being “in the doldrums and regulation around the corner making it not worth their while to stay” are back in the office.
Hotel Feud Prompts Grand Jury Into Probe (WSJ)
What are thousands of pages of stolen documents between friends?

Comments (15)

  1. 1
    Posted by guest | October 7, 2009 at 8:20 AM

    UBS and Greg both suck!
    -Boom goes the dynamite reporter

  2. 2
    Posted by guest | October 7, 2009 at 8:23 AM

    so did Dimon push Winters out before there could be a coup?

  3. 3
    Posted by guest | October 7, 2009 at 8:23 AM

    I’d hit it.
    -banker chick

  4. 4
    Posted by guest | October 7, 2009 at 8:39 AM

    Wow, a UBS Sucker went back to sucking at UBS? Say it isn’t so!
    I guess he knows something we don’t? A miraculous turn around at the bank of suck followed by all staff (women included) getting solid gold testicles?
    Suck it Lloyd!

  5. 5
    Posted by Benmosche | October 7, 2009 at 8:40 AM

    Owning a vineyard in Croatia > Working in a beer bottling plant in Croatia

  6. 6
    Posted by guest | October 7, 2009 at 8:44 AM

    When it comes to ME why don’t banker chicks say “i’d hit it” ? Is it because of this persistent ‘Bangalore Belly’ of mine? Yeah, I know, it stinks but can’t you look beyond that?
    Vikram ‘Panty’ Pandit, CEO Shiti Bank

  7. 7
    Posted by trojan | October 7, 2009 at 8:46 AM

    in Croatia, beer bottle you

  8. 8
    Posted by guest | October 7, 2009 at 8:48 AM

    @3
    i think somebody already hit him. with a brick. in the nose.
    -O. Wilson

  9. 9
    Posted by ex-PMB chick | October 7, 2009 at 9:22 AM

    @6 I’d pity-hit it. prolly. but first I want plenty of seamless web.

  10. 10
    Posted by guest | October 7, 2009 at 9:30 AM

    @1
    Oh no……We’re going to continue on now.

  11. 11
    Posted by guest | October 7, 2009 at 9:47 AM

    US and Greg both suck!
    -Boom goes dynamite

  12. 12
    Posted by guest | October 7, 2009 at 9:49 AM

    Dimon is a pussy piece of shit
    The Glute Punisher

  13. 13
    Posted by guest | October 7, 2009 at 10:00 AM

    he looks so regal in that pic

  14. 14
    Posted by guest | October 7, 2009 at 11:01 AM

    Fired FIG banker makes 10s of millions & Ferrari off meltdown….
    http://www.bloomberg.com/apps/news?pid=20601109&sid=akryRHYHS0Sg

  15. 15
    Posted by Anal_yst | October 7, 2009 at 1:46 PM

    @6/Vikram
    http://www.leveragedsellout.com/2006/05/how-to-get-a-banker-chick-for-the-non-banker-guy/

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