Last week we mentioned that Goldman Sachs, in spite of the assumption it was immune from taking part in peasant-like drinking games, had played host to at least one confirmed icing on its premises at 200 West Street. For the uninformed, “Icing” is the new game the kids are playing these days, wherein you surprise a “bro” with a bottle of Smirnoff Ice, any time, any place and he has to get down on one knee and chug it, unless he happens to whip out his own bottle, in which case, you got owned and have to drink both. Naturally we assumed that such events were taking place on Wall Street, but at places where it wouldn’t be such a huge deal if you got caught by someone much more senior than yourself, such as Citi, where they’re practically daring their employees to pull this kind of shit. It wasn’t that we imagined Goldman Sachs had more important things to do– front-running clients is really not as difficult as people would you have you think, seriously, try it some time– but that they’d have more sophisticated drinking games to play. The same thinking went into our answer to the question, “Do you think there’ve been any icings at DE Shaw,” which meant that for only the second time ever, we were proved wrong.

Fortune has learned of icings at Florida-based investment bank Raymond James (RJF) and New York City hedge fund D.E. Shaw.

Not even going to comment on Raymond James, which we figured has been doing this thing since before it had a name. What we are going to harp on is that this is an embarrassment, for the rest of the hedge fund community. YOU’RE GOING TO LET DE SHAW BE THE ONLY ONE?! Unacceptable. You people need to rectify this and fast. Citadel, Tudor, Kynikos, Appaloosa, RenTec, Harbinger, Ping Capital, SAC– you should have a bottle down your pants and be ready to whip it out on a colleague stat. Make this happen and remember that if there aren’t pictures it didn’t happen at all.

Update: Points system is as follows:

• 1 point for doing this period
• 5 points for an ice during market hours
• 50 points for an ice between 3:30 and 4PM
• 100 points for an icing that takes place just as your target has learned he lost $500 million on a single trade
• 1 point for an icing in the parking lot
• 5 points for an icing in the cafeteria
• 10 points for the men’s room
• 25 points for an icing in a Stretch Room (rationale: the people who use these things take themselves extremely seriously and will not be pleased)
• 50 points for the trading floor
• 100 points for the women’s room
• 1 point for performing an ice on an intern
• 5 points for performing an ice on a junior trader
• 10 points for performing an ice on a PM
• 100 points for performing an ice on the boss (conversely, if you *are* the boss points go in reverse order, with the most being awarded for seeking out the lowest man on the totem pole)
• 500 points for anyone in HR

Feel free to offer more point-based suggestions for consideration (do you get more points for icing a CFA or MBA? And so on and so forth).

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Comments (70)

  1. Posted by Anonymous | May 26, 2010 at 3:23 PM

    this is possibly relevant

    twitter.com/mcuban

    unless he’s tweeting about murder…

  2. Posted by Anonymous | May 26, 2010 at 3:24 PM

    So it is true, Gary Cohn iced Llyod Blankfein……

  3. Posted by Bess Levin | May 26, 2010 at 3:24 PM

    Oh I forgot to mention there’s a point system- will be updating shortly.

  4. Posted by Anonymous | May 26, 2010 at 3:26 PM

    Bess, did you ice Kouwe yet?

  5. Posted by guest | May 26, 2010 at 3:29 PM

    24 fl. oz. of warm semen in a Smirnoff Ice bottle doesn’t count. Just sayin’.

  6. Posted by Anonymous | May 26, 2010 at 3:32 PM

    Icing kicks ass, bro.

    - Southern Frat Stud

  7. Posted by Seaman Bodine | May 26, 2010 at 3:35 PM

    A lot of times, David would walk down to the Jap warrants floor, where me, Deepak, and Samir would be converting our Tcl to more robust stuff, and he’d whisper in my ear, “Brownie”, to which I thought he meant I had to double tuck tuck stuff. Wow. He must’ve meant something else entirely.

  8. Posted by Anonymous | May 26, 2010 at 3:39 PM

    I thought icing was some shit the gays did with crystal meth?

  9. Posted by Anonymous | May 26, 2010 at 3:43 PM
  10. Posted by Anonymous | May 26, 2010 at 3:43 PM

    how does Citadel still even get mentioned in the same breath as real firms like Tudor, Ping Capital, and SAC?

  11. Posted by Anonymous | May 26, 2010 at 3:45 PM

    @5 unless it’s horse stallion spew

    ~ Matt

  12. Posted by Anonymous | May 26, 2010 at 3:48 PM

    @8 Correct

  13. Posted by guest | May 26, 2010 at 3:52 PM

    @10 I hear yoga is really great for magnifying your insecurities.

  14. Posted by NakedShort | May 26, 2010 at 3:57 PM

    All secretaries must be iced in the ass

  15. Posted by bro | May 26, 2010 at 4:03 PM

    2500 points for icing Cody Willard while he’s getting his weekly brazilian wax.

  16. Posted by OptionsTrader | May 26, 2010 at 4:03 PM

    @10 Citadel will be the new Goldman Sachs in 10 years.

  17. Posted by 2 Girls 1 Cup | May 26, 2010 at 4:04 PM

    10 points for icing with a pint glass of vomit/feces, which I contend tastes better than Smirnoff Ice.

  18. Posted by Anonymous | May 26, 2010 at 4:06 PM

    10,000 points for doing it while in fuck me boots and being a wide-clops. Can only gain this if already and HR hack.

  19. Posted by Anonymous | May 26, 2010 at 4:07 PM

    5,000 points for doing it on Stevie Boy’s trading floor.

  20. Posted by Anonymous | May 26, 2010 at 4:09 PM

    @16 – Wrong. Raymond James is already the new Goldman Sachs.

    -Bartles M. James

  21. Posted by Anonymous | May 26, 2010 at 4:10 PM

    25pts if you do ice a black person.

    -Grand Theft Auto Enthusiast

  22. Posted by Anonymous | May 26, 2010 at 4:13 PM

    75 points if you ice Bird Man

  23. Posted by Anonymous | May 26, 2010 at 4:15 PM

    100 points for icing Mike Duvally

  24. Posted by Anonymous | May 26, 2010 at 4:15 PM

    What if you fart will downing it?

  25. Posted by CoveredLong | May 26, 2010 at 4:17 PM

    800 points for Icing someone and making them listen to Ice Ice Baby while drinking?

  26. Posted by anon | May 26, 2010 at 4:17 PM

    750 points for icing d. berkowitz

  27. Posted by CoveredLong | May 26, 2010 at 4:18 PM

    @24 – Conversely, (800) points if they are able to recite all the lyrics and have a bottle on hand.

  28. Posted by volatilitysmile | May 26, 2010 at 4:20 PM

    @16 – nah, it will be another Fortress.

  29. Posted by Anonymous | May 26, 2010 at 4:22 PM

    1000 points if you buddy pisses in the bottle. 2000 points if you piss in it. 3000 points if it’s Shia’s piss.

  30. Posted by Anonymous | May 26, 2010 at 4:23 PM

    @27 what’s wrong with Fortress?

  31. Posted by Anonymous | May 26, 2010 at 4:25 PM

    1000 points if you ice Val Kilmer while only wearing a bath towel.

  32. Posted by Anonymous | May 26, 2010 at 4:29 PM

    Looks like Eliot Spitzer is in on the trend…

    http://brosicingbros.com/?p=674

  33. Posted by Anonymous | May 26, 2010 at 4:31 PM

    2000 points if you ice Captain Morgan

  34. Posted by Anonymous | May 26, 2010 at 4:32 PM

    @29 – funny

  35. Posted by Nuppals | May 26, 2010 at 4:33 PM

    1000 Points if you ice Bess.

    Lifetime of happiness if she ices you.

  36. Posted by Anonymous | May 26, 2010 at 4:37 PM

    Smirnoff Ice?

    More like chickswithdicks.com

  37. Posted by Anal_yst | May 26, 2010 at 4:45 PM

    1000 points for icing a banking client during a pitch/etc?

  38. Posted by BlackStone Associate | May 26, 2010 at 4:45 PM

    Look at that little Goldman bitch drink that cum flavored water. Over here at Blackstone we drink bottles of scotch and beat our interns.

  39. Posted by Anonymous | May 26, 2010 at 4:48 PM

    I would love to see Erin burnett ice Jim Cramer

  40. Posted by unemployed student ops guy | May 26, 2010 at 4:54 PM

    Sorry but this act is very very GAY!!!!!!!!!!!!!!!!!!!!!

    Maybe without knee cool, but with it says the wrong to me. I’m unemployed but at least I’m not getting iced by some dude.

  41. Posted by guest | May 26, 2010 at 5:00 PM

    @36 you raise a good point: Where are the CLIENTS’ wine coolers?

  42. Posted by Anonymous | May 26, 2010 at 5:03 PM

    too iced, didn’t get douche chills

  43. Posted by Anonymous | May 26, 2010 at 5:03 PM

    @33 no seriously, i’m out of the loop, whats wrong with fortress?

  44. Posted by Anonymous | May 26, 2010 at 5:10 PM

    does fortress not have a very reputable pe and credit division?

  45. Posted by Anal_yst | May 26, 2010 at 5:20 PM
  46. Posted by Old Broker | May 26, 2010 at 5:22 PM

    I remember when “Icing” involved your assistant and the stairwell. Ah the 1980′s…

  47. Posted by Anonymous | May 26, 2010 at 5:34 PM

    @41…I like the cut of your jib.

  48. Posted by Anonymous | May 26, 2010 at 5:38 PM

    @44..Fortress people pe like everyone else who drinks fluids. Why are you mixing pe and credit anyway? I must say, though, some have piss poor credit these days.

  49. Posted by trojan | May 26, 2010 at 6:55 PM

    You like bear mace, ice-head?
    -E. Cartman

  50. Posted by Barney Frank | May 26, 2010 at 7:02 PM

    I will offer to conceal a 24 oz bottle of Ice purely for blocking purposes

  51. Posted by Anonymous | May 26, 2010 at 8:09 PM

    1000 points for icing someone walking into the CFA exam

  52. Posted by Yo Me | May 26, 2010 at 9:42 PM

    shmirnoff ice??? are you fucking kidding me? a cloudy malt beverage?
    i always knew bess liked wine coolers but this is pathetic.

  53. Posted by guest | May 26, 2010 at 9:45 PM

    @52 you’re a moron.

  54. Posted by Anonymous | May 26, 2010 at 10:03 PM

    tried to ice a, shall we say, very well-known HF manager today (he gets a lot of publicity on this site). However, he just ignored me. Will try to play the “ice ice baby” music next time… I bet he’ll bite.

  55. Posted by guest | May 26, 2010 at 10:07 PM

    @54 please tell me you’re talking about who I think you’re talking about? And TELL US MORE!

  56. Posted by Yo Me | May 26, 2010 at 10:13 PM

    @53
    you’re an ass

  57. Posted by Anonymous | May 27, 2010 at 12:21 AM

    1 trillion points for icing your helicopter pilot… mid-flight.

  58. Posted by Anonymous | May 27, 2010 at 3:09 AM

    some days I “ice” myself, just to keep in with the gang.

    - Sad and lonely Quant

  59. Posted by Anonymous | May 27, 2010 at 10:41 AM

    Y’all are a bunch of NYC metro pu$$ies. Cold beer, Scotch, and Margarita’s while taking a 150-class white tail at 200yds with a .30-06.

    Houston Gas Trader

  60. Posted by Anonymous | May 27, 2010 at 12:32 PM

    I want a video of Vanilla Ice getting iced.

  61. Posted by Anonymous | May 27, 2010 at 1:28 PM

    1000 points for an ice and goating at the same time

  62. Posted by Dingle | May 27, 2010 at 2:11 PM

    This obviously started as a marketing ploy by smirnoff, pretending this is something that exists just to get its name in the media, but because you’re all just a bunch of lemmings, you’ve made it real. Kudos.

  63. Posted by ccs | May 27, 2010 at 3:51 PM

    @59, 150-class white tail? Where you hunting? The Hill Country? Get serious, head to South Texas for B&C trophy.

  64. Posted by Anonymous | May 27, 2010 at 3:54 PM

    1,000,000 points for icing it naked

  65. Posted by Anonymous Lawyer | May 27, 2010 at 6:34 PM

    @59, 200yds? Get a .300 win mag or .308 lapua and try an interesting range, like 800 yds. May as well be jacklighting stuff if you’re shooting at 200.

  66. Posted by Anonymous | May 28, 2010 at 5:30 PM
  67. Posted by Robert | May 29, 2010 at 6:33 PM

    Personally this is why I would never trust a money manager to manage my funds. I chose my stock all myself and real estate holdings by by myself and tend to always beat the market. WTF kind of professional firm would have a analyst, etc. get down on a knee and drink vodka at work? That is B.S. Lets grow up Mr. spoiled brat wall street money machine.

  68. Posted by College | June 6, 2010 at 5:51 PM

    Vanilla Ice was at Turtle Bay last night, sadly there was no Ice available at the bar to ice him with

  69. Posted by DJ LIBOR | July 1, 2010 at 11:00 AM

    @67 … equities in dallas?

  70. Posted by oem software | May 3, 2012 at 8:00 AM

    Gg6Qt7 Really informative blog post.Really looking forward to read more. Keep writing.

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