• 28 Oct 2009 at 8:00 AM

Opening Bell: 10.28.09

ken-feinberg_2657-UP-1.jpgPay Czar Increased Base Pay At Firms (WSJ)
On average, base salaries climbed to $437,896 a year as a result of Mr. Feinberg’s review, compared with $383,409 previously, a 14% increase, according to a Journal analysis of Treasury data. Of the 136 employees under Mr. Feinberg’s review, 89 saw their base salaries increase.
Ex-AMD Chief Ruiz Tied To Galleon (WSJ)
Apparently Hector Ruiz gave Newcastle’s Danielle Chiesi her info about a 2008 reorganization of AMD. He’s not technically in any trouble himself, yet.
Ruiz’s Rise To Prominence Said To Culminate In Link To Galleon Case (Bloomberg)
Little more info about Danielle Chiesi’s buddy: he doesn’t take shit from anyone and people look (looked?) up to him. “Hector is one of the most respected figures in the industry,” said Dan Hutcheson, head of VLSI Research, a semiconductor research company in Santa Clara, California. “He’s a very quiet person and very methodical, and tends to be pretty analytical.” According to Roger Kay, an analyst with Endpoint Technologies Associates in Wayland, Massachusetts, “He fought the underdog fight for years against Intel. He was a hard-charging executive, take-no-prisoners type.”
Lazard Reports Higher Than Expected Profit (Reuters)
It’s how Bruce would’ve wanted it: The investment bank reported net income of $37.4 million, or 41 cents a share, compared with a year-earlier net loss of $77 million, or $1.17 per share.
Treasury, GMAC In Talks For 3rd Round Of Aid (AP)
Just asking for a little cash to tide us over, maybe like $2.8 billion to $5.6 billion. It’s not so much that we need the money, we just want to set the record as the U.S. company to receive three rounds of bailout aid, you know?
Irish Pubs Cut Beer Prices After Pound Slide Leaves Economy `High and Dry’ (Bloomberg)
3.50 euros for a Guinness.

Comments (23)

  1. Posted by Kyle Horsecock | October 28, 2009 at 8:03 AM

    That fucking shitheel and his ugly-ass shoes.

  2. Posted by guest | October 28, 2009 at 8:04 AM

    Cutting the price of beer is going to work real well.
    Running over drunken paddies in the middle of the street is the new killing it.

  3. Posted by guest | October 28, 2009 at 8:23 AM

    @ 2 go off yourself, racist

  4. Posted by guest | October 28, 2009 at 8:44 AM

    Paddies dollars for all. Let’s stimulate this SOB!

  5. Posted by american bandersnatch | October 28, 2009 at 8:54 AM

    @3 – Didn’t know the Irish were a race.

  6. Posted by guest | October 28, 2009 at 8:58 AM

    The Irish are all a bunch of mud farmers and sheep rapists.

  7. Posted by guest | October 28, 2009 at 9:09 AM

    @AB the idiot @2 uses the “racist” call out every morning. You could almost set a clock by him.

  8. Posted by guest | October 28, 2009 at 9:10 AM

    @AB the idiot @3 uses the “racist” call out every morning. You could almost set a clock by him.

  9. Posted by guest | October 28, 2009 at 9:11 AM

    Another day of E Burnett’s shit snarky smirk… Someone give Mark Haines a taser.

  10. Posted by guest | October 28, 2009 at 9:12 AM

    5- you new on this planet?

  11. Posted by guest | October 28, 2009 at 9:19 AM

    He looks so regal in that pic.

  12. Posted by Seaman Bodine II | October 28, 2009 at 9:22 AM

    somebody call someone racist?

  13. Posted by guest | October 28, 2009 at 9:24 AM

    @5 The Irish have been regarded as the lazy, drunk scum of the earth for a thousand years. Even when the native americans and negroes were shipped to the UK they were still the least civilized people.
    And lets not forget how God raped them CG style and killed their potatoes. And then half of them died because they had no potatoes! Who the hell dies without potatoes. The Irish, that’s who. Shoulda killed more of them while I still had the chance. Especially the catholic ones, they are even uglier then the black irish.
    -Oliver C.

  14. Posted by Joe Mac | October 28, 2009 at 9:30 AM

    @9 Amen.

  15. Posted by guest | October 28, 2009 at 9:35 AM

    @13 Oliver Cromwell, dude, I thought you were dead.

  16. Posted by guest | October 28, 2009 at 9:43 AM

    Irish men are sex machines in bed. Woof.
    -paddylover

  17. Posted by guest | October 28, 2009 at 9:49 AM

    From my observations in da Equinox steamroom, Da Irish have small dicks.
    CG

  18. Posted by guest | October 28, 2009 at 9:51 AM

    @15, the great one’s never died. We are simply reborn as something beautiful, like a mole on Drury’s breastessess or a fallopian tube inside of Maria B.
    On the other hand, the jerk offs are reborn as either Irish or living in Ohio(read Dayton Accords)
    -Oliver C.

  19. Posted by guest | October 28, 2009 at 9:57 AM

    @18 Thanks for grossing me out with the Maria B imagery, jerk!

  20. Posted by Joe Mac | October 28, 2009 at 10:19 AM

    GMAC sucks.

  21. Posted by guest | October 28, 2009 at 10:20 AM

    @19 Don’t hate the playa hate the game.

  22. Posted by Anonymous | October 28, 2009 at 10:24 AM

    Feinberg crosses his legs like a woman.
    http://abnormally-distributed.blogspot.com

  23. Posted by guest | October 28, 2009 at 11:37 AM

    wtf is “czar”?

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