• 28 May 2010 at 1:12 PM

Write-Offs: 05.28.10

$$$ Fitch: Here’s Why We Stripped Spain of AAA Rating [WSJ]

$$$ Steve Wynn Takes on Washington, Vegas & EBITDA [CNBC]

$$$ Canada Home Foreclosure Wave Not Likely [Financial Post]

$$$ Free Financial Advice To The Stars Re: Ponzi Schemes [TRB]

$$$ Gary Coleman Dead At 42 [NYT]

$$$ Street CEOs Still Not Facing Reality, Angelides Says [FBN]

$$$ District Attorney Vance Announces Corporate theft and Securities Fraud Charged Filed By Major Economic Crimes Bureau [DAO]

$$$ “FYI: UBS’er iced this morning. UBS still sucks.”

$$$ Much of Starr’s credibility came from Pete Peterson’s endorsement—he would frequently tell prospective clients to “check me out with Peterson” to put them at ease and get them to open their wallets, this source says. [TDB]

$$$ That’s it for us today. Have a nice weekend and see you Tuesday!

Comments (22)

  1. Posted by Anonymous | May 28, 2010 at 1:18 PM

    icing was never funny to begin with. enough .

  2. Posted by trojan | May 28, 2010 at 1:19 PM
  3. Posted by Bess Levin | May 28, 2010 at 1:21 PM

    @1 you know, I was going to make the last day we report this (unless an extraordinary ones happens) but just because of that comment, it goes on for another week.

  4. Posted by guest | May 28, 2010 at 1:26 PM

    UBS sucks.

  5. Posted by guest | May 28, 2010 at 1:26 PM

    @2 linking to BI as a source of market insight = fail

  6. Posted by Anonymous | May 28, 2010 at 1:43 PM

    @3 – Bessy just spanked you, you lucky son of a bitch.

  7. Posted by Investorcluzo | May 28, 2010 at 2:11 PM

    steve wynn FTW

  8. Posted by Where IS HE!! | May 28, 2010 at 2:26 PM

    UBS sucks.

  9. I heard Lucas von Praag prefers his Smirnoff Ice neat, room temperature.

  10. Posted by Anonymous | May 28, 2010 at 2:42 PM

    @1 don’t mess with BL, got it biatch?

  11. Posted by Anonymous | May 28, 2010 at 2:44 PM

    20% unemployment is enough of a reason to downgrade Espana

  12. Posted by Anonymous | May 28, 2010 at 4:01 PM

    Whachutalkin bout, Bess? RIP Gary Coleman, CEO heir apparent to mega firm Trans Allied Inc.

  13. Posted by Anonymous | May 28, 2010 at 5:06 PM

    memo to wynn: mussolini made the trains run on time, hitler put everybody to work.

  14. Posted by Anonymous | May 28, 2010 at 7:31 PM

    Has anyone else missed Anal_yst’s thoughts and insights? I know he’s probably working insane Wall St. hours and hitting the clubs pretty hard with his bro’s, but I wish he’d share his views more often.

  15. Posted by Canadian Banker | May 28, 2010 at 7:56 PM

    Canadians rarely default because banks (mostly) have a 10% down payment policy at a minimum to keep land ownership out of the hands of the plebes.

  16. Posted by Anonymous | May 28, 2010 at 8:41 PM

    I highly recommend that Fake rating agency..err Fitch hire intelligent employees.They are partly responsible for our economy’s collapse.They act like gods but mostly wrong with their ratings.Those bastards…

  17. Posted by Finnegan | May 30, 2010 at 2:27 AM

    Gary Coleman. Kinda sad. One of those people who you don’t care is alive really, but once dead, reminds of you of mortality and the passing of time. Almost makes me want to do something productive before my time comes.

  18. Posted by Edward Driffield | May 30, 2010 at 8:04 PM

    WTF is SPODE doing commenting everywhere on Going Concern about his Bess fantasies? Has his IP been banned from DB?

  19. Posted by guest | May 30, 2010 at 9:05 PM

    @18 Whatever the reality, SPODE claims to believe that he was banned from DB.
    -guest

  20. Posted by guest | May 31, 2010 at 1:41 PM

    I fucking got iced this weekend. I have had enough of this crap.

    P.S. Word on the street is that some banks/pe shops are drafting “no icing” policies over the weekend, FYI.

  21. Posted by UBS Sucks Guy | May 31, 2010 at 3:14 PM

    I’m alive and kicking. Too busy to read and drop in as often as I used to…

  22. Posted by Anonymous | May 31, 2010 at 5:34 PM

    @21 You are greatly needed. Do not forget your life’s true purpose.

    - Canadian who has to work on Memorial Day because it’s not a holiday in Canada.

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