• 16 Oct 2009 at 5:23 PM

Write-Offs: 10.16.09

By Bess Levin

$$$ “Raj Rajaratnam was ordered to post a $100 million bond as part of his bail conditions, though prosecutors argued for no bail because he posed a flight risk. Anil Kumar was released on a $5 million bond.” [Dealbook]
$$$ Why Did Bank of America Post a Billion-Dollar Drop? [The Atlantic]
$$$ Marc Rich Details His Iran Oil Deals [NYT]
$$$ “If they’re too big to fail, they’re too big,” Greenspan said today. “In 1911 we broke up Standard Oil — so what happened? The individual parts became more valuable than the whole. Maybe that’s what we need to do.” [BS]
$$$ Andrew Ross Sorkin’s book is big [BI]
$$$ Job of the Week: Unicorn Investment Bank needs a Senior Director. You. [DB Career Center]
$$$ Blankfein says Goldman would not have taken federal money if he had seen the bonus backlash ahead. [Fortune]

Comments (11)

  1. 1
    Posted by guest | October 16, 2009 at 5:30 PM

    Best DB day in a long time.
    Thanks to a certain someone for not posting today. You did good.

  2. 2
    Posted by guest | October 16, 2009 at 5:32 PM

    unicorn bank? seriously? job of the week fail

  3. 3
    Posted by Fritzskelly | October 16, 2009 at 5:51 PM

    Had the squid not taken the money, they would have been forced into a deal or wiped out.
    Sorry Lloyd, nobody is buying the bullshit PR moves.

  4. 4
    Posted by guest | October 16, 2009 at 5:53 PM

    I’ll bet Charlie’s is bigger.

  5. 5
    Posted by Anal_yst | October 16, 2009 at 5:59 PM

    @2
    Last week they were looking for a CEO. I thought it was a myth, but it appears as legitimate as anything carrying that name could.

  6. 6
    Posted by guest | October 16, 2009 at 6:00 PM

    @3 Imagine what fun a C + GS combo would have been, if Pandit only had a IQ > 5.

  7. 7
    Posted by guest | October 16, 2009 at 6:03 PM

    Blankfein looks so regal when he is lying.
    hugs,
    Bernie

  8. 8
    Posted by truthiness in the heartland | October 16, 2009 at 8:02 PM

    He could just return the AIG swap and UST money and the interest and we could call it quits..then he could just give everybody big bonuses and nobody would care…right?

  9. 9
    Posted by guest | October 16, 2009 at 8:07 PM

    Marc Rich is a badass

  10. 10
    Posted by Registered Rep | October 16, 2009 at 8:25 PM

    Why do CNN Money videos play better than CNBC videos? Its all about the dollas Lloyd, just say it man. Tell em “we got into this business to make alot of fuckin money and thats what we are gonna fuckin do!”

  11. 11
    Posted by guest | October 18, 2009 at 4:18 AM

    Forbes videos are where it’s at. Bess has to embed some of those.

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