• 13 Oct 2009 at 8:15 AM

Opening Bell: 10.13.09

By Dealbreaker

meredith-whitney_bleacher_everard_1.jpgBofA to Hand Over Documents Related to Its Merrill Deal (WSJ)
The bank apparently reversed its decision to give up the legal advice it got re: acquiring Merrill Lynch in an effort to “pave the way to a settlement of various investigations” and “restore stability” post Ken Lewis announcing he was leaving the building.
Goldman Sachs Downgraded by Meredith Whitney (Bloomberg)
The Dollar Dominatrix downgrades Lloyd and Co. to neutral from her July 13 buy call (the same time she said Goldman Sachs “still has a lot of gas in its tank”).
Third of RBS Coutts staff in Singapore quit (Reuters)
Twenty “key” managers along with 50 support staff have quit due to “bonus prospects” or lack thereof, though a spokesman for RBS would say only that “staff volatility in the private banking industry is not unusual, especially in Asia.”

JPMorgan tries to calm fears over UK (FT)
Employees in London are a bit nervous about the unexpected ousting of Bill Winters so Jamie Dimon and other executives have embarked on a “charm offensive” to let everyone know things are cool.
Regulators Target ‘Naked’ Access (WSJ)
This one comes with a fun ‘how it works’ diagram.
CIT’s Jeffrey Peek To Resign (MarketWatch)
He’s gone as of December 31. “By strengthening CIT’s financial position, the company will advance its bank-centric model and invigorate its market-leading franchises which support the small business and middle market sectors of the economy,” said Peek in a statement.


Tax Evaders Face Choice: Pay or Pray (NYT)
“A lot of people remain in denial and remain willing to take their chances and not come forward,” said Robert F. Katzberg, a white-collar criminal defense lawyer in New York, who has nearly 20 clients with hidden accounts. “The numbers are much larger on the amended returns side,” said a second government official briefed on the matter. “It’s a high-stakes poker game.”

Comments (39)

  1. 1
    Posted by guest | October 13, 2009 at 8:26 AM

    nice cleavage.
    -amanda drury

  2. 2
    Posted by guest | October 13, 2009 at 8:27 AM

    staff volatility is also not unusual when you’re working for a shithole like RBS.

  3. 3
    Posted by guest | October 13, 2009 at 8:31 AM

    Daddy, she scares me.

  4. 4
    Posted by Eliot S. | October 13, 2009 at 8:36 AM

    Not a buckeye, but would dot those eyes.

  5. 5
    Posted by guest | October 13, 2009 at 8:39 AM

    peek to resign? what happened to the rule of women and children first?

  6. 6
    Posted by guest | October 13, 2009 at 8:46 AM

    sex hair post rerunning the handbridge model

  7. 7
    Posted by guest | October 13, 2009 at 8:48 AM

    At least she’s not clothed in velour in this picture.

  8. 8
    Posted by guest | October 13, 2009 at 8:51 AM

    my name is Meri, and I’m the bes’ /all the Dee Jays want, to feel my Breas’/buh bump/buh psht/ buh bump bump/ buh psht

  9. 9
    Posted by guest | October 13, 2009 at 8:52 AM

    oouuuhhhh, Darth Vader.

  10. 10
    Posted by guest | October 13, 2009 at 8:56 AM

    Peek is to shareholder value as Greg is to literacy

  11. 11
    Posted by guest | October 13, 2009 at 8:59 AM

    Those _______ never get ________ .
    BTW is this an eye job gone wrong?

  12. 12
    Posted by guest | October 13, 2009 at 9:01 AM

    “I am here for your facesitting appointment at 10. Please disrobe.”

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

    I wonder if that wallpaper matches the carpet. No really, the wallpaper – I have the same pattern at home.
    – Naked Short Designer

  14. 14
    Posted by guest | October 13, 2009 at 9:12 AM

    Wallpaper is so 1970′s

  15. 15
    Posted by dick bove | October 13, 2009 at 9:13 AM

    i’m going to have to start showing cleave in my head shots.

  16. 16
    Posted by guest | October 13, 2009 at 9:13 AM

    I still think what we’ll find is that the only reason the BofA-ML deal went through is because Thain had incriminating photos of KL after a night of partying at Thain’s place pre merger. Probably involving KL, being splayed in the buff over a grand piano, a case of Boone’s and numerous unnamed men.

  17. 17
    Posted by guest | October 13, 2009 at 9:17 AM

    I bet she gives good Handbridge

  18. 18
    Posted by guest | October 13, 2009 at 9:18 AM

    And carpet is so 1980s

  19. 19
    Posted by guest | October 13, 2009 at 9:23 AM

    That’s about a 4 roper

  20. 20
    Posted by guest | October 13, 2009 at 9:25 AM

    @19 what’s a ‘roper’?

  21. 21
    Posted by guest | October 13, 2009 at 9:33 AM

    @18 YES! Finally my favorite word in the english language makes it’s way to DB.

  22. 22
    Posted by guest | October 13, 2009 at 9:36 AM

    Greg would certainly let her do him with a 12″ strap on.
    GM

  23. 23
    Posted by Investorcluzo | October 13, 2009 at 9:37 AM

    looks like mandy’s marketing people took over the m whit advisors account. I could have done that makeover for her at half the price…is it wrong to stare?

  24. 24
    Posted by guest | October 13, 2009 at 9:39 AM

    She looks so bald eagle in that picture.

  25. 25
    Posted by guest | October 13, 2009 at 9:43 AM

    Those chicklet teeth never get old

  26. 26
    Posted by guest | October 13, 2009 at 9:44 AM

    @ 20, A roper is a play on the ’70s sitcom character Mr Roper of Three’s Company. It refers to how many times you’d be willing to motorboat Mr Roper in order to get out of sex with someone- in this case Meredith Whitney

  27. 27
    Posted by guest | October 13, 2009 at 9:46 AM

    I have a bigger dick than her.
    Bernsy Madschloff

  28. 28
    Posted by guest | October 13, 2009 at 9:48 AM

    I have done her in the pooper.
    CG

  29. 29
    Posted by guest | October 13, 2009 at 9:50 AM

    @26, that’s not the definition I was thinking… check it out on urban dictionary.

  30. 30
    Posted by guest | October 13, 2009 at 9:52 AM

    it didn’t move

  31. 31
    Posted by guest | October 13, 2009 at 9:53 AM

    Bess, I think I heard on the news this morning that Madoff was in a scuffle of some sort. Any details???

  32. 32
    Posted by guest | October 13, 2009 at 9:55 AM

    http://www.foxnews.com/story/0,2933,564983,00.html?test=latestnews

  33. 33
    Posted by guest | October 13, 2009 at 9:56 AM

    @8 classic quote. well done

  34. 34
    Posted by guest | October 13, 2009 at 10:17 AM

    Erin Burnett looks like an Arab woman now.

  35. 35
    Posted by guest | October 13, 2009 at 10:18 AM

    She looks gorgeous in the picture!

  36. 36
    Posted by guest | October 13, 2009 at 10:21 AM

    @ 1
    Excuse me, they just copied me!
    Tits Cabrera

  37. 37
    Posted by guest | October 13, 2009 at 10:26 AM

    15 years ago she looked so innocent in any photo but not anymore in this one.

  38. 38
    Posted by guest | October 13, 2009 at 10:42 AM

    Did Erin Burnett converted her religion and nationality after meeting an Arab man?
    Looks like .In there women aren’t allowed to wear clothes that shows cleavage/chest.
    But what the heck is she wearing on this Monday morning?

  39. 39
    Posted by guest | October 13, 2009 at 10:42 AM

    I meant Tuesday

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