• 05 Mar 2010 at 8:45 AM

Opening Bell: 03.05.10

Greece Braces for Strikes, Vote on New Austerity Plan (WSJ)
One poll released by privately owned SKAI television Friday, shows that 62% of Greeks expect social unrest in the country to rise. But the same poll shows that 78% of respondents think the austerity measures will be implemented nonetheless.

Singapore Plans Greenwich-Style Hedge Fund Home in Nepal Hill Neighborhood (Bloomberg)
The Monetary Authority of Singapore and JTC Corp. — the government agency developing and marketing the project in Nepal Hill — quietly asked hedge fund managers in January to visit the district’s so-called black-and-white bungalows, named for their white-washed walls and dark timber frames, according to a copy of the invitation obtained by Bloomberg News. “I’ve visited and think it’s a very interesting development and a great alternative to a traditional office,” said Michael Coleman. “You’re surrounded by greenery, have your own garden to enjoy and the area is rapidly developing.”

Supertax pulls in £2.5bn for UK Treasury (FT)
“Clearly there has been the kind of restraint the exchequer was looking for,” said Rob McIvor, spokesman for the Association for Financial Markets in Europe, which represents the securities industry.

Papandreou: ‘We Don’t Want to Be EU’s Lehman Brothers’
(DealBook)
The EU’s Jimmy Cayne would be okay though.

Soccer — Not Sovereign — Debt Crisis Hits Home (CNBC)
This is serious.

Oversight group: Citigroup should downsize itself (MarketWatch)
“If you break up, you won’t have as big a company to run and we will reduce systemic risk,” Elizabeth Warren, chairwoman of the congressional oversight panel told Pandit, arguing Citigroup is the poster child for “too big to fail” institutions whose collapse could damage the markets.

Feinberg: Criticism of Executive Pay Rules Is Just ‘Spin’ (CNBC)

As for the suggestion that people will go elsewhere to flee compensation rules, the Czar is “not buying it.”

Comments (57)

  1. Posted by Anonymous | March 5, 2010 at 8:11 PM

    Today’s level of fail is unrivaled. It even gives UBS a run for the money.

  2. Posted by Anonymous | March 5, 2010 at 8:24 PM

    Bess, babe, hope you’re enjoying the free time and vacation days while these clowns fuck around.

  3. Posted by DB IT Department | March 6, 2010 at 12:35 AM

    SERVICE UNAVAILABLE

  4. Posted by Anonymous | March 6, 2010 at 1:57 AM

    At first I was suspicious that it may be the case, but now I know. DB IT Department is outsourced to Greek firm where they’ve been on strike all day.

  5. Posted by Mitch Cumstein | March 6, 2010 at 2:05 AM

    Not gonna lie, reading Opening Bell is more fun while drunk. Better than reading it hungover in the morning.

  6. Posted by Anonymous | March 6, 2010 at 2:29 AM

    FUCK YES IT WORKS

  7. Posted by Anonymous | March 6, 2010 at 5:14 AM

    @4 = chai wallah

  8. Posted by Anonymous | March 6, 2010 at 7:39 AM

    Beth -
    This really is epic fail. On an extraordinary level.
    Cliff A.

  9. Posted by Brilliant McDaddy | March 6, 2010 at 9:15 AM

    Brilliant McDaddy gots to know.

  10. Posted by CoveredLong | March 6, 2010 at 9:43 AM

    If a train leaves tulsa at 1pm traveling 15mph and needs to travel 10,000 miles to NYC (very windy track), and another train leaves NYC at 2pm traveling 18mph and needs to travel 1000 miles to tulsa (not windy track)….will the second train arrive in tulsa before this dealbreaker page loads properly?

    -AIG Quant

  11. Posted by Yahoo finance. | March 6, 2010 at 10:58 AM

    Haha Haha

  12. Posted by This Is Cliff | March 6, 2010 at 11:12 AM

    Bess,

    Do I have your attention now? You know what you need to do.

  13. Posted by Anonymous | March 6, 2010 at 11:47 AM

    Bess- You should contact Clusterstock for tips on creating a workable blog.

  14. Posted by Anonymous | March 6, 2010 at 12:41 PM

    I had something witty to say but by the time the page finished loading, I had fallen asleep and it was morning.

  15. Posted by Frank McCallister | March 6, 2010 at 1:01 PM

    Bess,

    Feel free to use my favorite line on your DB IT chump of choice. . .

    Look what you did, you little JERK!

    Uncle Frank

  16. Posted by Investorcluzo | March 6, 2010 at 1:30 PM

    presented without comment: DEALBREAKER

    -breaking media llc, editing dept. 3/5/10

  17. Posted by Anonymous | March 6, 2010 at 1:46 PM

    dealbroken

    Cluzo = Tax Chick

    It took a while to figure out but the evidence is there people!

  18. Posted by Anonymous | March 6, 2010 at 2:47 PM

    The IT people are pretty pathetic. I thought up about 10 technical things they screwed up that I’d be screaming at the idiots if I was in charge, but I’m not, so as long as it eventually gets actually fixed, I am willing to bottle up my comments (that are obviously only here to cover my repressed sexual rage, inferior social standing, mommy issues, and the horrible basement smell) and consider it a wash. It’s more fun to scream at Goldman and UBS, anyway.

    -actual IT guy

  19. Posted by Investorcluzo | March 6, 2010 at 3:24 PM

    @17 – is that the best you got? seriously, if I were tax chick, don’t you think I would give myself more props? you need to go back to the posts. she (he?) clearly has a different agenda which has yet to include me.

  20. Posted by Tax Chink | March 6, 2010 at 4:08 PM

    I can do your taxes AND give you happy endings.

  21. Posted by Anonymous | March 6, 2010 at 4:08 PM

    @11 ftw.

  22. Posted by Anonymous | March 6, 2010 at 4:11 PM

    @20… AND give you yellow fever.

  23. Posted by ExtraordinaryPopularDelusions | March 6, 2010 at 4:15 PM

    Hey guess what?

  24. Posted by ExtraordinaryPopularDelusions | March 6, 2010 at 4:16 PM

    I do believe…

  25. Posted by ExtraordinaryPopularDelusions | March 6, 2010 at 4:16 PM

    There is no double posting.

  26. Posted by ExtraordinaryPopularDelusions | March 6, 2010 at 4:18 PM

    …making fake double posting the new killing it.

  27. Posted by NakedShort | March 6, 2010 at 5:20 PM

    Dammit I had a shitload of good links ready friday

  28. Posted by Anonymous | March 6, 2010 at 6:10 PM

    The tech people who run Breaking Media are pathetic. Bess is one of the best writers on the web and they are fucking up her shit.

  29. Posted by Anonymous | March 6, 2010 at 6:11 PM

    The only thing that’s gotten me through these epic fails of the last few weeks is the idea of BL ripping the IT clowns a new asshole on a daily basis.

  30. Posted by Anonymous | March 6, 2010 at 6:16 PM

    @13 DB w/ no service is better than Clusterstock any day of the week…

  31. Posted by trojan | March 6, 2010 at 10:25 PM

    Chat roulette > Dealbreaker

  32. Posted by Anonymous | March 7, 2010 at 12:57 AM

    truly pathetic the amount of/ostensible prestigious-ness of the publication that will rip off our DB:

    http://www.nytimes.com/2010/03/07/opinion/07pubed.html

  33. Posted by Anonymous | March 7, 2010 at 2:05 AM

    @trojan- leave it to you to leave a fag-a-licious comment, as usual.

  34. Posted by Anonymous | March 7, 2010 at 2:06 AM

    Bess needs to quit these jokers asap. I’m sure she’d be able to raise the seed capital in no time.

  35. Posted by Anonymous | March 7, 2010 at 7:57 AM

    When Biff A. can turn up and tell Bess that Dealbreaker has an epic fail then we know a new ‘killing it’ is upon us.

  36. Posted by the opportunist | March 7, 2010 at 9:47 AM
  37. Posted by ExtraordinaryPopularDelusions | March 7, 2010 at 10:57 AM

    @36. Don’t be a pussy. http://en.wikipedia.org/wiki/Amphetamine

  38. Posted by Anonymous | March 7, 2010 at 11:21 AM

    worst website ever…

  39. Posted by Anonymous | March 7, 2010 at 11:23 AM

    @38 that you wake up and leave comments on on a Sunday morning.

  40. Posted by Anonymous | March 7, 2010 at 12:02 PM

    Here’s a new challenge for DB IT: clicking a link opens a new window instead of direction your diminishing audience to competitor websites.

    Hopefully we will see this change take place by 2011.

  41. Posted by Anonymous | March 7, 2010 at 12:20 PM

    I have just awoken from an 8 day coma here in the ER and the doctors don’t want me getting too excited. My girlfriend smuggled in a laptop so I wanted to check in and see if I missed anything on Dealbreaker. The site appears to have changed a bit.

  42. Posted by Anonymous | March 7, 2010 at 12:21 PM

    Maybe DB’s being hacked by the Chinese military…

  43. Posted by the_opportunist | March 7, 2010 at 12:38 PM

    @ 38, 40
    If you are so convinced the site is crap, what the hell are you doing here??! Go back to your nests tools.

    and especially @40: no need for that tone. At a difficult time like this, Bess needs our moral support.

  44. Posted by Anonymous | March 7, 2010 at 1:13 PM

    Dealbreaker
    262 Mott Street, Suite 102A
    New York, New York 10012

    Dear Investors:

    This has been a period of unparalleled upheavals in the financial IT blogging space…

  45. Posted by Anonymous | March 7, 2010 at 1:38 PM

    @43 – I was* convinced the server was crap, not the content (i.e. Bess’s content) which is the real reason we are all here, isn’t it? Don’t bite the hand that feeds you. In your case, don’t S the D(B) that feeds you.

  46. Posted by Biff Ba$$ne$$ | March 7, 2010 at 1:40 PM

    @44 I hear you’re down 95% YTD. Sucks.

  47. Posted by Biff Ba$$ne$$ | March 7, 2010 at 2:04 PM

    On a trip to India, to beat down the offshore ‘team,’ I had a stunning curry in Mysore. The curry must have been made from snake because shortly afterward I saw a mongoose which I swear was following me.

    http://news.bbc.co.uk/2/hi/south_asia/8547327.stm

    Mongooses: The source of all DB’s IT problems, oh, and the fact that Beth is a filthy animal liar.

  48. Posted by Guesst | March 7, 2010 at 2:27 PM

    Bess,
    Obviously your IT guys are not getting the message. Perhaps you should speak to them in a language they understand. Try this “Agar yeh website phir se nahin chalegi, to main mera pair tumhare gaand mein itni door ghusa doongi ke tumhare mooh mein boot polish ki boo ayegi”.

    Please report on the results.

  49. Posted by Anonymous | March 7, 2010 at 3:00 PM

    @48 I, for one, would find that kinky coming from BL.

    -Vik

  50. Posted by Anonymous | March 7, 2010 at 3:07 PM

    @48, your tongue works prettier than an untouchable whore’s!

    ~Pradish Patel
    3rd shift, inbound call center
    Mighty Putty Sales

  51. Posted by Anonymous | March 7, 2010 at 4:20 PM

    Bess should just start her own site, I’m sure she could easily raise the capital from her sources.

  52. Posted by Anonymous | March 7, 2010 at 4:26 PM
  53. Posted by volatilitysmile | March 7, 2010 at 7:27 PM

    http://www.30chickflics.com
    NS – this one is for you. we’re not alone in the universe.

  54. Posted by LawDawg | March 7, 2010 at 8:35 PM

    @51 – Bess probably has a multi-year, multi-million $ contract with few outs and plenty of non-compete language. What are you going to do for 4 to 6 months as she tends her garden? What if Equity Private comes back?

    What Bess needs to do is to get canned ala George Costanza (“now that guy got *canned*”). Bess, think 10-gimlet lunches followed by painting the BM offices with said lunch would do it? Maybe an incident during the outing to Beamers?

  55. Posted by Anonymous | March 7, 2010 at 8:52 PM

    @55 agreed. and imagine the fun it could be to watch…

  56. Posted by Gozer | March 8, 2010 at 6:40 AM

    OGRE HATES NERDS

  57. Posted by NakedShort | March 8, 2010 at 8:34 AM

    @VS nice. Wish I saw that last night could have checked in out instead of being forced to watch E! Live at the Red Carpet

Leave a comment

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