Bloomberg reports that not everyone is freaking out over the prospect of a little more snow and are in fact keeping fingers crossed they’ll be forced to tell the wife/husband they’re stranded for the night. ‘Cause that’s when the real party* gets started.

Weather advisories calling for as much as 20 inches of snow prompted firms such as New York-based Jefferies & Co. to reserve hotel rooms in Manhattan as a precaution if employees can’t make their usual commutes. That’s good news to traders who welcome an evening at the pubs.
“Bars and restaurants are the beneficiaries of the blizzards,” said Doreen Mogavero, president and chief executive officer of Mogavero Lee & Co., a brokerage located on Broad Street in Manhattan. She plans to stay in the city tonight. “We always manage to make the best of it and have a good time — good friends, some dinner and a glass of wine in a gorgeous blizzard.”

*One night each year they get off from the nagging wife/fat husband and screaming children.

Equity trading slowed to 3.1 billion shares in the first two hours of trading today, down 15 percent from the average during the past five days, as the snow storm intensified along the East Coast, grounding thousands of flights and forcing schools and government offices to close. The Long Island Rail Road, the busiest U.S. commuter line, said it would add afternoon trains to accommodate workers heading home early.
“It’s called snow whiskey — you know you can’t get out, so you use it as an excuse to stay awhile,” said Kevin Joyce, a trader at Kellogg Partners Institutional Services LLC in New York. “I’m waiting to see what happens.”

Sign up for the Dealbreaker newsletter

Subscribe to our free daily email and get breaking news, financial headlines, commentary, and analysis from Dealbreaker.

— Advertisement —

Comments (27)

  1. Posted by guest | February 10, 2010 at 12:46 PM

    I made it home and took care of the kids while about 6 inches fell here but my wife stayed in the City and said she got 8 inches later that night. Odd how snow falls different from place to place.
    ~AIG Quant

  2. Posted by guest | February 10, 2010 at 12:47 PM

    Jefferies was all you needed to know

  3. Posted by guest | February 10, 2010 at 12:48 PM

    LIRR tag says it all

  4. Posted by guest | February 10, 2010 at 12:49 PM

    That ain’t a blizzard. In Omaha, a blizzard is when the snow starts twirling down like a fat girl in an Omaha cat house “basket chair”. Now that’s a blizzard!
    ~Thrifty Guy in Omaha

  5. Posted by guest | February 10, 2010 at 12:51 PM

    @bess- I live in CT and commute the city. Can I spend the night?

  6. Posted by guest | February 10, 2010 at 12:51 PM

    Snowblowing? Oh, Bess, you’re the greatest!!!!

  7. Posted by guest | February 10, 2010 at 12:53 PM

    NYC > Chicago

  8. Posted by Anal_yst | February 10, 2010 at 12:57 PM

    I’m sure soma these guys’ll be blowin snow 2nite if yas know what I mean eh eh?

  9. Posted by NakedShort | February 10, 2010 at 12:58 PM

    Oh, the silent majesty of a stranded winter’s night. The clean, cool chill of the snowy air. A night away from the lovely family. A collie ejaculating in my mouth so I can snowball it back into his.

  10. Posted by guest | February 10, 2010 at 12:58 PM

    @1, that’s fantastic.

  11. Posted by guest | February 10, 2010 at 1:03 PM

    8- if yer talkin about the beeper guy he ain;t going nowhere I’ll bet.

  12. Posted by guest | February 10, 2010 at 1:11 PM

    1 works on so many levels.

  13. Posted by Ass_ociate | February 10, 2010 at 1:13 PM

    @5, Bess: sleepover at Bess’, all are invited!

  14. Posted by VladtheImpailer | February 10, 2010 at 1:38 PM

    @1, Outstanding

  15. Posted by guest | February 10, 2010 at 1:41 PM

    Remember when the guy with the epic Dykstra shitting on the floors got commended?
    Bess needs to recognize 1 for that gem

  16. Posted by guest | February 10, 2010 at 1:45 PM

    No way, never works. All you need is one asshole who makes it home to Darien on time, all the other wives find out, and the shit hits the fan.

  17. Posted by guest | February 10, 2010 at 1:46 PM

    @2 care to explain?

  18. Posted by Bess Levin | February 10, 2010 at 1:57 PM

    @17I remember it, because it made me laugh out loud, several times. The above is clever, but does not come close to the LD comment.

  19. Posted by guest | February 10, 2010 at 2:00 PM

    @15 black ice is no laughing matter.

  20. Posted by guest | February 10, 2010 at 2:04 PM

    16- there are assholes in Darien?

  21. Posted by CoveredLong | February 10, 2010 at 2:05 PM

    @16 – Make them reconsider by ominously warning them that ‘Accident’s happen’.

  22. Posted by guest | February 10, 2010 at 2:10 PM

    @21 – thats Darien’s motto

  23. Posted by Joe Mac | February 10, 2010 at 2:29 PM

    Did Erin find a Texas Longhorn?

  24. Posted by guest | February 10, 2010 at 2:36 PM

    Why is it called “black ice”?
    ~Nat X

  25. Posted by guest | February 10, 2010 at 2:44 PM

    @24 nice chris rock refernece

  26. Posted by guest | February 10, 2010 at 9:34 PM

    Is Jeffries kind of like a Lebenthal?

  27. Posted by guest | February 10, 2010 at 10:43 PM

    @ 23
    Erin did just in time for Valentine’s.

Leave a comment

You can log in with your account or comment as a guest below.