Citi Reaches Deal To Pay Back TARP (WSJ)
Vikram Pandit to colleagues: “The TARP program was designed to provide assistance until banks were in a position to repay it prudently. We are pleased to be able to repay the U.S. government’s trust preferred securities and to terminate the loss-sharing agreement. We owe the American taxpayers a debt of gratitude and recognize our obligation to support the economic recovery through lending and assistance to homeowners and other borrowers in need…That we are here is a testament to your hard work and accomplishments in getting our house in order.”
Larry Summers: The Recession Is Over (AP)
And apparently “everyone agrees” with him.
Morgan Stanley Hires Greg Flemming (MarketWatch)
Fleming will join MS in February as president of Morgan Stanley investment management, including merchant banking.
Accenture Boots Tiger Off Its Team (WSJ)
“After careful consideration and analysis, the company has determined that he is no longer the right representative for its advertising,” Accenture said in a statement on Sunday.
Abu Dhabi Gives Dubai $10 Billion to Help Pay Debt (NYT)
In a statement on Monday, the Dubai government said: “The government of Abu Dhabi has agreed to fund $10 billion to the Dubai Financial Support Fund that will be used to satisfy a series of upcoming obligations on Dubai World. As a first action for the new fund, the Government of Dubai has authorized $4.1 billion to be used to pay the sukuk obligations that are due today.” The statement added that the remaining funds would also provide “for interest expenses and company working capital through April 30, 2010 — conditioned on the company being successful in negotiating a standstill as previously announced.”
Survey: Hedge Fund Compensation On The Rise (FINalternatiaves)
“What investors don’t expect is large bonuses to be paid out when funds do not perform. We saw some of that this year, likely due to multi-year bonus guarantees.”
Ask Ashley: Dupre Gets Life Advice Column With Post (NYP)
The noted hooker fucker’s special lady friend wants to help solve your problems.
who knew her name was pronounced ‘du-pray’?
mazel tov, vickles
Wow. She’s so much more attractive when she doesn’t talk.
You know, “Those tits never get old” could apply to several of these stories.
@4 what the hell are you talking about? did dupree fuck vickles, flemming, tiger?
“That we are here is a testament to your hard work and accomplishments in getting our house in order.”
hahaha. good one vik.
I’ll pass she has man-chin
7
woof… then again, Spitz is seriously dog ugly… I guess it was a case of puppy love.
Any weekly update on UBS? Anyone? Buehler?
are those glasses supposed to make her look smart? ’cause, it’s not working out so well…
Dear Ashley,
My wife and I are having marital problems. Can you recommend a way for me to release all this tension? My budget is $400.
@12 you know her rate is 1,000
@13 – maybe she’ll send a DIY video for $400.
Ashley:
I’ll take a tall glass of legs.
Thank you.
@10: No worries. They still suck.
Next up Tiger will be joining Ashley writing relationship advice focusing on marital fidelity…
@13-
duly noted, but what if i don’t need the whole hour? how much for, say, 15 minutes?
and TC@14-
for $400, i had better get to direct.
Someone gives a frack about Accenture?
Peter Kong FTW
Vik-a-doodles… yeah baby!
Those glasses have go to go.
Why the hell did Erin Burnett thank Dubai??
No one in her/his right mind would thank an irresponsible and boastful ruler who won’t pay his country’s debt.
It pays to go horse back riding with the Sheikh.