lisacarnoy.JPGMeet Lisa Carnoy. She’s the Bank of America lady exec who last month helped the company raise $19.29 billion. That makes her kind of a Big Swinging Deal (?), so the Observer spent some time getting to know her a little better. Here’s what they found out:
* Carnoy likes sports, and beer, ostensibly:

MS. CARNOY’S CORNER OFFICE in the Bank of America Tower on 42nd Street is decorated with a football, four tennis balls, a basketball, two Foster’s cans, a Mets lunch box, a Mets home plate and a Louisville Slugger baseball bat.

* Sometimes she laughs, and other times she doesn’t laugh:

She is an eccentric conversationalist, sporadically bursting into large laughter, then settling into long and odd silences.

* She puts personal touches on her deals:

…she included her team’s personal fitness programs and favored yoga positions in a pitch to Lululemon Athletica

* She worked late into the night a few times, and, on at least one occasion, over a holiday:

Ms. Carnoy is an aggressive optimist, and an aggressive employee. Two years ago, when she was Merrill Lynch’s co-head of equity capital markets for the Americas, desperate to raise equity for a firm collapsing under subprime catastrophes, she spent Christmas morning on a conference call in a hotel bathroom. Another night, she guided her daughter out of her bedroom’s princess tent at 3 a.m., crawling inside to speak with a sovereign wealth fund manager.

* She’s a freedom-fighter

Even though she was once an American history major, the enormity of last month’s offering didn’t press down on her quite as hard as her earlier work to raise money for flailing Merrill. But it pressed nonetheless. “This deal is not fighting for our survival, but fighting for our freedom,” she said. “And also to show the world that this combined company is working, it’s profitable, it’s successful, it’s able to raise all this money and off we go.”

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Comments (89)

  1. Posted by NakedShort | January 6, 2010 at 9:29 AM

    Lisa Carnoy=BSC&L

  2. Posted by guest | January 6, 2010 at 9:31 AM

    How long til your let your buddies at NYO follow you around, Bess?

  3. Posted by guest | January 6, 2010 at 9:31 AM

    On most other nights, I crawl into her daughter's princess tent.
    Regards,
    Lester
    Bangemyung, FL

  4. Posted by guest | January 6, 2010 at 9:31 AM

    The Mets suck.

  5. Posted by guest | January 6, 2010 at 9:33 AM

    Who holds a conference call in a hotel bathroom? Don't they have offices?
    -another former Lehman quant

  6. Posted by guest | January 6, 2010 at 9:33 AM

    Im pitchign a princess tent just reading this

  7. Posted by guest | January 6, 2010 at 9:34 AM

    I'd hit it.

  8. Posted by guest | January 6, 2010 at 9:34 AM

    not impressed.
    -erin c

  9. Posted by guest | January 6, 2010 at 9:36 AM

    The real story is what the sovereign wealth fund manager was doing with the daughter in the princess tent at 3 a.m.

  10. Posted by guest | January 6, 2010 at 9:36 AM

    If my calculations are correct, next season we will most likely total 183 wins.
    -Mets quant

  11. Posted by guest | January 6, 2010 at 9:36 AM

    On most nights, I come home drunk, smelling like whiskey and marlboros, before crawling into the kennel.
    -Dennis

  12. Posted by pfluger | January 6, 2010 at 9:37 AM

    Her neck is abnormally elongated, and I think she can spin her head 360 degrees, like Linda Blair did.

  13. Posted by NakedShort | January 6, 2010 at 9:38 AM

    Nice ramen noodle hair. Apperently she cant afford a decent hair cut.

  14. Posted by guest | January 6, 2010 at 9:39 AM

    @13 you're a dick

  15. Posted by guest | January 6, 2010 at 9:42 AM

    They didn't get and important info:
    1. Does she shave her snatch
    2. Does she like anal?
    3. Does she give and/or receive golden showers?
    Reporters these days are just clueless!

  16. Posted by guest | January 6, 2010 at 9:47 AM

    Second the hair comment. She is in pre Roseanne Roseanadana stage. If it's a humid spring she may not fit in the elevators.

  17. Posted by Dr. Frasier Crane | January 6, 2010 at 9:48 AM

    Lilith!

  18. Posted by guest | January 6, 2010 at 9:50 AM

    I found my new wifey.
    –Tila Tequila

  19. Posted by guest | January 6, 2010 at 9:51 AM

    @15 why would it matter, since she wouldn't do any of that with you if her life deepened on it?

  20. Posted by guest | January 6, 2010 at 9:54 AM

    @19 …..someone is on the slow train to doucheville

  21. Posted by guest | January 6, 2010 at 9:55 AM

    I'm way hotter.
    -zoe

  22. Posted by guest | January 6, 2010 at 9:55 AM

    She certainly has more balls than you would find in the average Bank of America Tower office.

  23. Posted by guest | January 6, 2010 at 9:57 AM

    More balls that you find in the average BofA Tower office.

  24. Posted by guest | January 6, 2010 at 9:59 AM

    agred.
    -KL

  25. Posted by guest | January 6, 2010 at 9:59 AM

    Those knees aren't looking too good.
    I bet those are some nasty cellulite sausages when the support hose is peeled off.

  26. Posted by guest | January 6, 2010 at 10:04 AM

    @23-25 do you think she has more balls? than you'd find in the average BofA tower office?

  27. Posted by guest | January 6, 2010 at 10:10 AM

    More balls than comments about balls (as it stands).

  28. Posted by guest | January 6, 2010 at 10:13 AM

    Within 6 months, they will find her dead body rotting in that corner office.
    The weight of BofA's bloated bureaucracy will smother any enthusiasm from go-getters like her. Run while you still can.
    – ex-BofA Securities & ML banker
    (Moved on to other things)

  29. Posted by guest | January 6, 2010 at 10:16 AM

    * She doesnt usually drink beer but when she does she drinks Dos Equis

  30. Posted by guest | January 6, 2010 at 10:18 AM

    but has or would she shit on the floor in the office?
    I am so into this blog now!!
    Thanks Bess
    -LD

  31. Posted by guest | January 6, 2010 at 10:19 AM

    And I quote: “But there was still a good feeling that we were doing something great for our company, doing something good for our country.”
    Neither the getting nor the paying back of TARP money was good for our country. Another deluded banker doing God's work. How do you sleep in your princess tent at night? With Ambien, of course.

  32. Posted by guest | January 6, 2010 at 10:24 AM

    @34 you piss off.
    -LB

  33. Posted by guest | January 6, 2010 at 10:28 AM

    @34 – disgusting, isn't it?

  34. Posted by NakedShort | January 6, 2010 at 10:31 AM

    @34 yes the annualized 30% return to taxpayers was OUTRAGOUS. Windfall profit tax those stupid fucking taxpayers.

  35. Posted by guest | January 6, 2010 at 10:35 AM

    When I ask you to do something, you do it!

  36. Posted by guest | January 6, 2010 at 10:46 AM

    Cast as Marcia Clark in the OJ Simpson biopic.

  37. Posted by guest | January 6, 2010 at 10:47 AM

    BSD? She must have forgotten to remove the vibrator.

  38. Posted by guest | January 6, 2010 at 10:59 AM

    You're all cocksuckers. See a powerful woman and all your cocks start to shrink. A$$HOLES!

  39. Posted by guest | January 6, 2010 at 11:04 AM

    41/42 puts the lotion in the basket & it rubs the lotion on its skin or else it gets the hose again.

  40. Posted by guest | January 6, 2010 at 11:09 AM

    41/42 Could it be that her vagina is unusually large?

  41. Posted by guest | January 6, 2010 at 11:10 AM

    Her clothes say, please take me seriously, her hair and body language say, Bend me over the desk, pull my hair and spank me.

  42. Posted by guest | January 6, 2010 at 11:12 AM

    @18- Too soon.

  43. Posted by guest | January 6, 2010 at 11:12 AM

    @46 her body language? just standing there?

  44. Posted by Becky Boot Fan | January 6, 2010 at 11:13 AM

    My guess is that she shaves…but then has the hair grafted into her scalp. Kinky.

  45. Posted by guest | January 6, 2010 at 11:17 AM

    @44 – what would you consider to be "unusually" large?

  46. Posted by guest | January 6, 2010 at 11:19 AM

    I didnt recognize her without her knee pads.

  47. Posted by guest | January 6, 2010 at 11:21 AM

    @49 Like strap a 2×4 to your ass large?

  48. Posted by Becky Boot Fan | January 6, 2010 at 11:21 AM

    @49…big enough hold her phone, car keys, tazer gun, pack of gum and lipstick..

  49. Posted by guest | January 6, 2010 at 11:23 AM

    This "woman" has a penis. She hit me in the face with it.
    KL

  50. Posted by guest | January 6, 2010 at 11:24 AM

    kenlewis@53 who hasn't hit you in the face with his/her dick?

  51. Posted by highlyconfident | January 6, 2010 at 11:28 AM

    Bark bark bark bark bark. Bark.

  52. Posted by guest | January 6, 2010 at 11:30 AM

    @52, do u think it's egg shaped
    - bi curious

  53. Posted by guest | January 6, 2010 at 11:33 AM

    @44 like, superhumanly, wizard-sleeves large?

  54. Posted by guest | January 6, 2010 at 11:33 AM

    its bigger then a bread box…
    -Vagasil

  55. Posted by guest | January 6, 2010 at 11:34 AM

    Her outfit sucks dog xxxx.

  56. Posted by guest | January 6, 2010 at 11:37 AM

    @59 who gives a shit what her outfit is like? other than, you know, a fag?

  57. Posted by guest | January 6, 2010 at 11:38 AM

    More Lululemon, please.

  58. Posted by guest | January 6, 2010 at 11:44 AM

    @49 like a cocktail weenie in an empty Charles Chips can large.

  59. Posted by guest | January 6, 2010 at 11:46 AM

    I gave her that pearl necklace.
    -Sovereign Wealth Fund Manager living in a Princess tent outside Burj Dubai

  60. Posted by guest | January 6, 2010 at 11:48 AM

    is she Dennis Kneale?

  61. Posted by guest | January 6, 2010 at 11:49 AM

    She has hair like the Predator.
    Lions, Tigers…oh my.

  62. Posted by guest | January 6, 2010 at 11:51 AM

    @41/42
    Kiss my oui oui
    Mario Bartiroma

  63. Posted by guest | January 6, 2010 at 11:51 AM

    @60, c'mon out of the closet, guest honey.

  64. Posted by guest | January 6, 2010 at 11:52 AM

    you guys are mean!!!
    I like strong woman, with big knees and an adam's apple in a suit. wait wait…those are men. I like men!
    - Barney

  65. Posted by guest | January 6, 2010 at 12:04 PM

    @62 FTW

  66. Posted by guest | January 6, 2010 at 12:15 PM

    i, and all of you, would hit it.

  67. Posted by guest | January 6, 2010 at 12:25 PM

    @45 her clothes say take me seriously?!? more like they say "i used the family and friends discount at lohemans to buy this rip off Tahari suit."

  68. Posted by guest | January 6, 2010 at 12:26 PM

    @45 her clothes say take me seriously? are YOU serious? her suit says "i was bought with the family and friends discount at lohemans. i just love it when Tahari goes on sale."

  69. Posted by guest | January 6, 2010 at 12:30 PM

    http://image.cdnl3.xosnetwork.com/pics21/400/HR/H…
    *Shudder* Thats…just…not ..kosher

  70. Posted by guest | January 6, 2010 at 12:31 PM

    @71/72 I'm curious to know what the suit says.

  71. Posted by Tax Chick | January 6, 2010 at 12:37 PM

    @73 – Predator's mother? Egads!

  72. Posted by guest | January 6, 2010 at 12:38 PM

    http://www.college.columbia.edu/cct_archive/jan_f… – better than what @73 found but leaves many questions unanswered

  73. Posted by guest | January 6, 2010 at 12:39 PM

    @70, speak for yourself
    Those knees scream women's rugby and sure her breath would confirm. That's for you 41/42.

  74. Posted by Effective Date | January 6, 2010 at 12:40 PM

    CANKLE BITCH!

  75. Posted by CoveredLong | January 6, 2010 at 12:42 PM

    @73 – Great pic, perfectly illustrates what I think of her.
    -D. Imus

  76. Posted by guest | January 6, 2010 at 12:48 PM

    the pale complexion, look of despair and lack of fashion say "reference librarian" but the hair says "felicity". i'm torn.

  77. Posted by guest | January 6, 2010 at 12:56 PM

    73 Give us a fuckin' heads up next time. Jeesh!

  78. Posted by guest | January 6, 2010 at 12:57 PM

    I think she's rather handsome myself.
    Rosie O'Donnell

  79. Posted by guest | January 6, 2010 at 12:59 PM

    You are one ugly motha fucker
    - (65)

  80. Posted by guest | January 6, 2010 at 2:16 PM

    * She doesnt usually drink beer but when she does she drinks Dos Equis

  81. Posted by guest | January 6, 2010 at 2:59 PM

    You’re all cocksuckers. See a powerful woman and all your cocks start to shrink. A$$HOLES!

  82. Posted by guest | January 6, 2010 at 4:39 PM

    @70, speak for yourself
    Those knees scream women’s rugby and sure her breath would confirm. That’s for you 41/42.

  83. Posted by guest | January 6, 2010 at 8:21 PM

    I must be odd for thinking she is kinda cute.

  84. Posted by guest | January 7, 2010 at 2:18 AM

    @43 quoting Pete Nice?

  85. Posted by guest | January 7, 2010 at 6:46 AM

    Just, look at that headline up there. It's poetry.

  86. Posted by guest | January 7, 2010 at 7:51 AM

    "they built a deal with true artfulness: Bank of America needed a shareholder vote to approve such a big stock offering, but there wouldn’t be time for one. “The thought was,” Ms. Carnoy said, “how do you make something that looks, smells, breaths and acts like common stock?”
    The solutions were called common equivalent securities and contingent warrants, which essentially both morph into actual stock. Better yet, when the old stockholders’ vote finally rolls around, penalties built into the deal make it nearly impossible for a rejection."
    Dodging basic corporate obligations to deny shareholders their rights. And, just coincidentally, pay fat compensation. Nice. Her parents, Columbia, and BofAML can all be proud.

  87. Posted by guest | January 7, 2010 at 8:53 AM

    Is that an Ann Coulter Adam's Apple I see in that photo?

  88. Posted by guest | January 7, 2010 at 9:12 AM

    @77
    One Lisa Canroy face if by land, two if by sea.

  89. Posted by Bowplape | April 13, 2012 at 2:40 PM

    best for you prom dresses and get big save

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