• 22 Feb 2010 at 8:15 AM

Opening Bell: 02.22.10

By Dealbreaker

No Bonus For RBS Chief (WSJ)
Stephen Hester was going to take a bonus of around £1.6 million ($2.5 million) but instead decided to take none so no one could get angry with him.
Goldman’s Rehab (NYP)
Goldman has hired PR firm Public Strategies, headed by Dan Bartlett, “a confidant of George W. Bush and Karl Rove.”
AIG `Death Spiral’ Ends With Bailout Support Bringing Stability to Revenue (Bloomberg)
Great news: “There are clear signs that AIG has pulled out of what could have been a death spiral,” said David Havens, managing director in credit trading at Nomura Securities International Inc. in New York. AIG’s insurance results have been improving “after dropping off a cliff following the bailout,” he said.
Bailout Anger Undermines Geithner (WSJ)
As does his habit of clenching the forehead during congressional hearings. Must work on that one.
Strikes Expand in Greece; Hedge Funds Bet on Debt Default (Reuters)
Short positions “have risen to 9.82 percent from 9.58 percent at the end of January, and 8.24 percent at the end of December.”
Merrill Lynch Veterans Rejoin Herd (WSJ)
Sam Chapin and Todd Kaplan are back as executive vice chairmen of global banking, reporting directly to global banking and markets president Tom Montag.

Comments (9)

  1. 1
    Posted by guest | February 22, 2010 at 8:39 AM

    first!

  2. 2
    Posted by guest | February 22, 2010 at 9:24 AM

    you are the only comment so it doesn’t count. wait, but i just commented so that means you are not the only comment so that means that my comment doesn’t make sense. so that means that..
    -AIG Quant

  3. 3
    Posted by guest | February 22, 2010 at 9:29 AM

    rbs sucks.
    -the queen

  4. 4
    Posted by guest | February 22, 2010 at 9:31 AM

    After last weeks comments, I think Volsmile should be the PR director for GS….

  5. 5
    Posted by guest | February 22, 2010 at 9:56 AM

    @3 then why do you own it? Put up or shut up. While you’re at it, put out or shut up, too

  6. 6
    Posted by guest | February 22, 2010 at 9:59 AM

    @3 = racist Russian ice dancer

  7. 7
    Posted by guest | February 22, 2010 at 10:14 AM

    2nd @4.

  8. 8
    Posted by guest | February 22, 2010 at 10:28 AM

    “Here at Goldman, we don’t hire any liberal art serfs or non-bluebloods. Even our janitorial and cafeteria staff have advanced degrees from some of Americas greatest institutes of higher learning. We dont believe in the advancement of the so called middle class or in the ability of those born with less to achieve beyonfd expectations. Thank you”
    “Sir, what is your name for the record?”
    “Smile. Volatilitysmile”

  9. 9
    Posted by guest | February 22, 2010 at 10:33 AM

    Posters 1-8 suck ass.
    Posters 10-20 suck my balls.

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