• 29 Dec 2009 at 5:00 PM

Write-Offs: 12.29.09

$$$ Hovde Capital Advisors: “We Believe Pershing Square Is Out Of Touch.” [PDF]
$$$ Citi: The Bank That Couldn’t Shoot Straight [MarketWatch]
$$$ Equity’s Lost Decade: The Offering [Hedge World]
$$$ Investors Reshape IndyMac [WSJ]
$$$ Delayed gratification is overrated: avoid the temptation to postpone pleasure. JO&C right now! [NYT]
$$$ Vote for the best Post cover of the decade. I like “Holy Shiite.” [NYP]

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Comments (69)

  1. Posted by Investorcluzo | December 29, 2009 at 1:09 PM

    there's nothing better than a nice big public p1ssing match between a couple of bsd's. two men enter, one man leaves!
    oh, and f1rst! beyatches…

  2. Posted by Comfortably Smug | December 29, 2009 at 1:15 PM

    Too long, didn't read

  3. Posted by guest | December 29, 2009 at 1:17 PM

    @1,@2 = pansies

  4. Posted by guest | December 29, 2009 at 1:19 PM

    Keep fuckin' that chicken!

  5. Posted by guest | December 29, 2009 at 1:21 PM

    can we have some girl-on-girl action tomorrow. Say between EP and Muffie? That would round out my year nicely.
    Got tired of waiting for the Cluzo vs Tax Chick vid.
    -biff

  6. Posted by guest | December 29, 2009 at 1:22 PM

    @4 Ernie wins the most awesomely random comment of '09 by bludgeoning the competition.

  7. Posted by guest | December 29, 2009 at 1:23 PM

    @smug- well done. that was funny 2 years ago.

  8. Posted by guest | December 29, 2009 at 1:24 PM

    @6 yes you can have some girl on girl action between a fictional character and a mentally ill weirdo.
    -wish granter

  9. Posted by guest | December 29, 2009 at 1:25 PM

    @6 don't ever sully biff's name with such a gay request again.
    thx.

  10. Posted by guest | December 29, 2009 at 1:26 PM

    @bess– re that last link, CALL ME.

  11. Posted by guest | December 29, 2009 at 1:27 PM

    Don't show me bagatelle and tell me it's billiards.

  12. Posted by Investorcluzo | December 29, 2009 at 1:30 PM

    @biff – you didn't get the video? "tax chick gone wild," sold out of stores in minutes. don't worry, the sequel comes out in april, "tax chick does the happy return…"

  13. Posted by guest | December 29, 2009 at 1:36 PM

    @cluzo- I wasn't referring to your debut with tax chick, but rather the ep/muffie crap. sorry for the confusion.
    -biffman

  14. Posted by guest | December 29, 2009 at 1:42 PM

    @cluzo. Say hello to your mom.
    TC's middle finger.

  15. Posted by guest | December 29, 2009 at 1:44 PM

    Shit, totally outta touch here. What's the deal with EP?

  16. Posted by guest | December 29, 2009 at 1:46 PM

    TC or Anal_yst @14,
    What are your views on "The Happy Return"?
    - Not the Anal_yst antagonist but a fan

  17. Posted by guest | December 29, 2009 at 1:48 PM

    Why is everyone yelling at @6?

  18. Posted by guest | December 29, 2009 at 4:12 PM

    @bess
    enjoy the fun…don't sempricise the functince

  19. Posted by guest | December 29, 2009 at 4:28 PM

    @18 um..what?

  20. Posted by guest | December 29, 2009 at 4:40 PM

    "Delayed gratification is overrated: avoid the temptation to postpone pleasure. JO&C right now! "
    thanks for the greenlight, bess.

  21. Posted by Anal_yst | December 29, 2009 at 5:12 PM

    I just did

  22. Posted by guest | December 29, 2009 at 6:17 PM

    what? no votes for "chip-tator"?

  23. Posted by guest | December 29, 2009 at 6:46 PM

    I vote for the chicken.
    Keep on Keep on fuckin that chicken.

  24. Posted by guest | December 30, 2009 at 5:01 AM

    so the lambasting that citi took in that article: contra indicator? time to buy it?

  25. Posted by guest | December 30, 2009 at 5:19 AM

    The Drury girls appear to be on the verge of a breakout. Way too early for that kind of fantasy.

  26. Posted by MouthfullofYellow | December 30, 2009 at 5:33 AM

    @24
    Is that you Paulson? I told you to take the other side of that trade.
    -S.C.

  27. Posted by guest | December 30, 2009 at 5:36 AM

    Best dealbreaker comment of 2009 = "examine your motives"

  28. Posted by Anal_yst | December 30, 2009 at 5:44 AM

    @27
    Not even close.
    Anything Handbridge-related, involving Amanda and the "Druries" (terrible wardrobe/makeup today, no?), Chang, that douche from fashion meets finance, the list goes on…

  29. Posted by guest | December 30, 2009 at 5:50 AM

    @ 28 is gay

  30. Posted by guest | December 30, 2009 at 6:06 AM

    Anal_yst, when are you going to put together a compendium of your various thoughts and musings?
    -Not Anal_yst stalker, but a fan of his work.

  31. Posted by guest | December 30, 2009 at 6:07 AM

    Greg's mom and her risque fantasies involving multiple black men always amused me.

  32. Posted by guest | December 30, 2009 at 6:14 AM

    @31 – seconded. Nothing like Ms. Michaels doing the dirty dirty with Big Baby Jesus and friends.

  33. Posted by guest | December 30, 2009 at 6:18 AM

    Yes, greg's Mom. The poor woman with her naive Craiglist & KY evenings

  34. Posted by guest | December 30, 2009 at 6:30 AM

    Ror was the greatest comment of the year.
    Biff's been taking care of his anal bleeding so j.chiang takes the prize for most commented thread.
    Biggest douche: cg
    Funniest guy: pfulger
    Greatest editor: bess
    Worst editor: Greg closely followed by EP

  35. Posted by guest | December 30, 2009 at 6:30 AM

    @34: I'm here all the time, but don't know "ROR" or what it's an acronym for….?

  36. Posted by guest | December 30, 2009 at 6:32 AM

    Anal_yst – what a nice DB nickname.Call me.
    Tiger

  37. Posted by Becky Boot Fan | December 30, 2009 at 6:32 AM

    Some of the best comments of the year were Jeff Macke, his fans and his barbarian hordes with their daily fantasies of doing ill to Greg.

  38. Posted by Lowly Assistant | December 30, 2009 at 6:33 AM

    Raugh out roud?

  39. Posted by guest | December 30, 2009 at 6:35 AM

    Anal_yst, what is your opinion on the ROR situation?

  40. Posted by guest | December 30, 2009 at 6:41 AM

    ROR wins a hundred times over. I just spit coffee all over my computer again when I read that.

  41. Posted by guest | December 30, 2009 at 6:43 AM

    @41 really? you have incredibly low comedy standards. also, I bet you didn't actually spit coffee on your computer.

  42. Posted by Anal_yst | December 30, 2009 at 6:43 AM

    You want funny, check out the "community" tab…

  43. Posted by guest | December 30, 2009 at 6:45 AM

    ROR? You douches make me sick.
    Tax Chick.

  44. Posted by guest | December 30, 2009 at 6:49 AM

    @42 = Jeffrey Chiang

  45. Posted by guest | December 30, 2009 at 6:50 AM

    http://www.washingtonpost.com/wp-dyn/content/arti…
    "I think there’s a general mis-understanding (let's call it a senior moment) among the senior management at AIG as to what we have and do represent to the rating agencies"
    Douche of the decade = Cassano

  46. Posted by guest | December 30, 2009 at 6:51 AM

    Anal_testicle

  47. Posted by Bob Lawblaw | December 30, 2009 at 6:54 AM

    hotel bill list guy makes top 10 poster of year, with joke explainer on the bubble (mainly for his involvement with HB capital)

  48. Posted by guest | December 30, 2009 at 6:57 AM

    @48, no.
    Best new verb: mancission
    best newly unemployed Greek = Chris Theoharis
    Funniest thing ever written = ROR, hands down

  49. Posted by FUNdamental | December 30, 2009 at 6:59 AM

    Bigger contribution to the prison population this year 1) people from the world of finance 2) NFL players 3) crips ?

  50. Posted by guest | December 30, 2009 at 7:02 AM

    Most ambiguous genitalia of 2009= Bernie Madoff. is it big, is it small, does he have epididimitis?

  51. Posted by guest | December 30, 2009 at 7:06 AM

    2009 Triple Crown = Noel's

  52. Posted by trojan | December 30, 2009 at 7:23 AM

    @NakedShort
    too bad i didn't put my money where my mouth was on the badgers. the canes' pass attack was totally neutralized. solid upset- vegas knew best.
    bowl picks: 2-1.
    temple's second half performance was one of the worst of the entire season. more picks to come.

  53. Posted by guest | December 30, 2009 at 7:23 AM

    2009 Bottom-picker of the year = BHO

  54. Posted by Tax Chick | December 30, 2009 at 7:25 AM

    @51 – Jeffrey Epstein's egg-shaped penis is of greater ambiguity than Bernie's… Bernie admitted it was small.

  55. Posted by Becky Boot Fan | December 30, 2009 at 7:30 AM

    The short lived, but funny "The Deadliest MBA" commenter was good, too.
    Mancision and HotelBillGuy never fail to make my day better.

  56. Posted by guest | December 30, 2009 at 7:39 AM

    @ 54 = racist

  57. Posted by Investorcluzo | December 30, 2009 at 7:43 AM

    @56 – speaking of the hotel bill guy (he had me smiling on several occassions), I'm going to throw this out there: how about an end of year expense report from bess (there were several good field trips)? just askin'…
    I'm going to disagree about greg being so bad. without greg, there is no greggums…EP's mom/dad never showed up – did they not care enough to write?

  58. Posted by guest | December 30, 2009 at 7:44 AM

    Patrick Chewing

  59. Posted by guest | December 30, 2009 at 7:49 AM

    STFU about the greg shit. he's been gone for months. it was mildly amusing at first. given that he sucked so much dick, though, why can't you people not shut the hell up about him?

  60. Posted by guest | December 30, 2009 at 7:50 AM

    There never was a "Greg".

  61. Posted by pfluger | December 30, 2009 at 8:00 AM

    Well, all-a-yous guys, I'm cuttin' outta here early for New Years.
    Happy New Year! May 2010 bring joy and riches to all-a-yous greedy, devious, widow- and orphan-robbing bastids!
    -cg

  62. Posted by guest | December 30, 2009 at 8:08 AM

    The very concept of a "Greg" is founded in the presence of numerical hypotheses leaning towards a veritable cavalcade of prosthetics milking the rectums of better days.
    When Greg's mom wore nothing but a black leather glove on her right arm, as well as red tube-socks and a Purple Rain halter-top, the gods convened to form this "Greg" entity I have learned to duct-tape in numerous ways over this past year. From his mouth to his eyes to his ankles to his man breasts, duct-taping has occurred, safety words have been warranted, and car people have overlooked contractual agreements in Poughkeepsie gas station shooting galleries.
    The holy grail has been compounded in Greg's blanus with caulking properties and medical adhesives.
    I am to Greg's truisms as a snake is to Indiana Jones. And so it is. And so it will be, forever and more.
    And you will know me by the trail of duct tape.
    -Jeff Macke

  63. Posted by guest | December 30, 2009 at 8:09 AM

    Worst worst worst comments of the year were the CG ones. So overdone and not humorous.

  64. Posted by Anal_yst | December 30, 2009 at 8:48 AM

    @63
    Amazing.

  65. Posted by guest | December 30, 2009 at 8:55 AM

    Anal,
    Gracias. And btw, my restaurant recommendation was not a ruse to cause diarrhea, although that is a common side-effect (yet, well worth it). Happy new year to you and yours.
    -L to the Izzay

  66. Posted by Investorcluzo | December 30, 2009 at 9:00 AM

    how could I forget! yet another unintended benefit of greg: Macke! well done sir @63…
    @anal – you every going to get that damn sell out book or should I put it up to the highest bidder on db?

  67. Posted by guest | December 30, 2009 at 9:06 AM

    64 = exactly right.

  68. Posted by guest | December 30, 2009 at 10:30 AM

    Ror was the greatest comment of the year.
    Biff’s been taking care of his anal bleeding so j.chiang takes the prize for most commented thread.
    Biggest douche: cg
    Funniest guy: pfulger
    Greatest editor: bess
    Worst editor: Greg closely followed by EP

  69. Posted by NakedShort | December 30, 2009 at 3:34 PM

    @trojan the U really fucked me. Looks like I am going to have to go back to fleecing innocent people to cover that bad bet.

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