Hint: the one he hasn’t been trading emails with is the guy who tried to sell you some schwag in the alley behind 383 yesterday during lunch. Also, “We had 3 people who worked for us [at Bear]. We had Cy the Spy, one was called the ferret, and one was called, I think the weasel. And their job was to walk around without any notice, sit down with a trader and look at his book and query him. So constantly we were on guard against the one thing that could cause you into so much trouble, and that’s an employee burying trades, having something that went bad and not disclosing it, and of course it gets worse and he tries to cover up and then you have a loss of a billion dollars or in one case 7 billion dollars. Which you probably read about a few years ago. So that was always my big fear and we were particularly rough about that. And any trader that didn’t want to cooperate with those three people, I said “you’ll make my day, just let know about that.”

Earlier: “Does the couch smell like pot or not?”

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Comments (14)

  1. Posted by Anonymous | March 16, 2010 at 12:35 PM

    Ace Greenberg pet detective

  2. Posted by merkin capital partners | March 16, 2010 at 12:39 PM

    I heard he saw Jay Z at a party and threw him his keys. Told Hova to, “Fill it with petroleum distillate and re-vulcanize the tires, post haste.”

  3. Posted by Jimmy Cayne | March 16, 2010 at 12:40 PM

    He is wearing some serious flood pants what a geek

  4. Posted by Anonymous | March 16, 2010 at 12:46 PM

    I gave Ace a prostate milking about three months ago. Let’s just say it straightened out his bow tie.

  5. Posted by guest | March 16, 2010 at 12:47 PM

    00:43-00:47 not a bad rump but would it kill her to show off a little more cleave?

  6. Posted by highlyconfident | March 16, 2010 at 12:55 PM

    Looks like the six flags guy without the energy.

  7. Posted by Anonymous | March 16, 2010 at 1:01 PM

    peg was better off a small fish in a big pond

  8. Posted by Anonymous | March 16, 2010 at 1:01 PM

    I blew myself.

    Like a boss.

  9. Posted by Barbara Walters | March 16, 2010 at 1:16 PM

    @6 tell me about it

  10. Posted by guest | March 16, 2010 at 1:39 PM

    Is Ace wearing shortpants?

  11. Posted by lee | March 16, 2010 at 2:08 PM

    This woman is a fucking idiot. Wow, no wonder nobody watches bloomberg.

  12. Posted by Seinfeld | March 16, 2010 at 9:03 PM

    Ace had and has no clue what is going on…but yet he made millions..He doesn’t know the diff between his false teeth and CDO

  13. Posted by Seinfeld | March 16, 2010 at 9:03 PM

    Ace had and has no clue what is going on…but yet he made millions..He doesn’t know the diff between his false teeth and a CDO

  14. Posted by Anonymous | March 16, 2010 at 10:45 PM

    BSC was not a meritocracy. If you were in bed with some AARP member-SMD you could do well there regardless of intelligence. Upper management was loaded with geriatric cases and their flunkies who brought in no business, only understood cash equities, and took big comp. There were some good people, but most got exactly what they deserved.

  15. Posted by guest | March 17, 2010 at 1:51 PM

    Has been sell-out. You were on the risk comittee….

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