GS, JPM Profit Probably Rose as Citigroup Lost Again (Bloomberg)
Incredible, isn’t it? If you thought that was breaking, get a load of this: “We’re seeing a bifurcation of the banking industry between the haves and the have-nots,” said Matt McCormick a banking-industry analyst at Bahl & Gaynor Inc. in Cincinnati, which manages $2.5 billion.
German Probe Won’t Target Deutsche Bank Executives (WSJ)
A formal criminal investigation has been opened in the case of the DB shareholder who was spied on, though the probe doesn’t target the bank’s chairman, chief executive or other management board (supposedly this was the job of lower ranking staff).
BofA To Face 12 Angry Taxpayers In Trial (NYP)
The SEC has demanded a trial by jury in the Merrill losses case.
No Longer A Vik-Tim (NYP)
This is an article based on Vikram Pandit getting a passing grade from the consulting company brought in by the FDIC. Here’s how it starts: “Citigroup CEO Vikram Pandit has gone from goat to hero.”
Coke Didn’t Make America Fat (WSJ)
An essay, by the CEO of the Coca-Cola Company. (“If we’re genuinely interested in curbing obesity, we need to take a hard look in the mirror and acknowledge that it’s not just about calories in. It’s also about calories out.”)
Bill Ackman’s call hurts Realty Income Corp. (Reuters)
“Word just gets around on what he says and what he is thinking, and I can’t think of another reason why that stock is down so much today,” said Richard Moore, analyst at RBC Capital Markets. Moore did not attend the conference in Texas but heard about Ackman’s call from sources.
In Merrill’s Failed Plan, Lessons for Pay Czar (NYT)
Keep a close eye on employees who might be risking it all in the pursuit of a fabulous office.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
@coke ceo- O RLY?
ubs sucks
@2, where did that come from?
Nice one Mr. Kent; no mention of the prevelance of HFCS.
BofA should insist upon a jury of its peers.
I mentioned last time that, indeed, ERIN BURNETT was in Dubai. Wondering whose c*ck she is sucking now…just saying.And she colored her hair lighter,too.
“that they have decided are high in calories”
Really? Those numbers on the nutrition label are just made up by public health advocates? And Jesus fuck, Muhtar. Stop kidding yourself that there is any sugar in Coca-Cola or that the can (only 140 calories, allegedly!) represents typical consumption.
Also, Coke tastes like fizzy goat piss, if the goat is diabetic. Just throwing that in there.
Banks making money again this quarter? Great, don’t taxpayers own 34% of GS…. or was it Citi? I forget.
I was at the conference where Ackman made said call. We laughed, he cried, Einhorn sounded/looked like a 13 year old boy. Just another crazy day in Dallas.
merkin – but the most dangerous 13 year old on the planet.
Switzerland is for pussies.
Texas trader
@2 Throwing out “UBS Sucks” for no reason cheapens the “UBS Sucks” brand. Please be advised.
@1,4,7 go have some kashi while i guzzle classic coca-cola
@8 how could you “forget”?
@ 12, it’s not a brand. It’s gospel.
- A regular in the UBS Sucks parade
fat ass@13 hating on coke/its dumbass ceo has nothing to do with being a granola lover.
I don’t know what the issue is… I know lots of models who consume loads of coke and they are all wicked thin….
@snatch… true that. He got smarts real good.
MEastern men like women with light colored hair. EB must have work her hair for that. She’s a big flirt!
What do YOU mean, you people?
Booty Sweat
@16 oh ok sorry.
@11=racist
@ 22,
seriously, throwing that word around belittles a problem that runs rampant. you should examine your motives
Vik must be kicking himself for not taking a bite of Lloyd’s weiner when he had the chance.
23=RACIST.
-Not 22
Owning slaves is racist.
Cuba Gooding Jr
There’s nothing wrong with having a can of Coca-Cola or a bottle of gatoraid; its the fatasses with no willpower who don’t exercize and down a 6 pack a day.
Nothing exceeds like excess, write that down.
Joe Strummer’s advice to Americans: “Eat Less”.
Fackin brill. B R I L L
Are guys asleep at the whee? Isn’t time you covered this story?
http://www.forbes.com/2009/10/07/sec-southridge-capital-business-wall-street-southridge.html?partner=telecom_newsletter
@29 you read it on forbes, didn’t you? so do you need it reprinted on db?
@29 here.
Not, not a reprint – maybe a little more of the inside scoop! Fortunately, the fact that a story has been covered (even extensively) somewhere else, never prevented db from revisiting it…