On Friday we noted that Simmons and Company had upgraded BP to a buy, making the fact that its namesake, Matt Simmons, had been going around talking about nukes and BP not lasting through the summer slightly awkward. Also a tad uncomfortable was the fact that the company wrote its investors telling them to “disavow” any words that come out of Matt Simmons’ mouth. Well guess what, former pals? Simmons doesn’t need you– he doesn’t need any of you! Which is why he announced today he’s taking his insights and leaving, with a resignation effective June 30 (lotta stuff to clean out of the office, couldn’t be done in one day).
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
“IF you speak the truth, have one foot in the stirrup” – Sid Meier, Civ. 4 Video Game.
This reminds me of this,
http://www.youtube.com/watch?v=eyO-bWGxWBU
I dunno why.
Screw you guys… I’m going home.
- Cartman
The guy who now runs Simmons–Mike Frazier–used to play in ZZ Top. True story.
They need a new insight provider. Maybe if he shoots them a resume it will soon become “Anal_yst and Company”.
@4 he played with the NY Knicks as well I believe.
Who the fuck is this Autobot?
Is the firm going to be called “And Company” now?
This is the perfect opportunity. I’m gonna hang out in his office and pretend I’m the new guy.
Kouwe & Company
1 Company 2 Cups
Was getting a burger at a nearby pub for lunch today and overheard the most disturbing discussion behind the bar along the lines of:
Woman 1: … some college thing. Did you sell any Smirnoff Ice?
Woman 2: What?
1: I dunno, thought you would have heard about it. Some new drinking game or something.
2: I dunno. People drink that?
1: Look, you did sell some Smirnoff Ice! There’s been 6 cases here for months and now there’s 5.
I was tempted to explain the situation but I felt too ashamed to know what they were talking about.
P.S. This was at a standard pub in the mid-west so you can imagine my surprise to hear that this thing has escaped the territory of douchebaggery.
Bess, I had to read that headline seven times.
pub huh.
@14 Glad someone else did too. I thought my GMAT verbal was in trouble for a second there
I have my CFA.. it only took me two times to read and grasp that headline … average time for MBAer? 4 times…. bite me, $ucka$..
–CFA guy who enjoy gloating over even the most insignificant, petty and unverifiable competitions
@14, esp since the guy isn’t so much an “employee” as he is the “founder”
Yeah, seller of Bess actually the writing the headline and the article itself for that matter.
@19 your anger about the headline is kind of bizarre. also, pro-tip, referring to him as merely an “employee” was done to reflect the fact that the company has no respect for the guy who founded the place, as demonstrated by writing to investors to tell them to ignore everything he’s said.
I think it reads as if a CFA wrote it. And that’s not good.
How about:
Founder Matt Simmons retires after firm tells investors to ignore him
@21 How about:
I write the headline, you sit there and like it.
@22
“take like it”?
I knew it! Overcome with rage at being fired again, Kouwe abducted Bess, tied her up and made her watch as he posted from her account, mangling the poor defenseless English language in the process.
@23, I am getting tired of saying this, but, “Shut your filthy whore mouth before I smack it with my tail of anal beads!”
/A guy who has reached the pinnacle
@22, 23, 24 – BL is quick with the edit button.
I humbly withdraw my Kouwe-esque objection.
- 23
@25 – then she should edit the headline. it makes me dizzy.
@bess
ok……(sitting)………I like it.
Simmmons Says ‘Sayonara’ as Simmons & Co Sells Scion Short to Subscribers
@1 All of those sayings stick with me as well. Particularly the early technology developments…
“I fooled you, I fooled you…I got pig iron, I got pig iron. I got all pig iron.”
bp is a buy.a few months from now it will be out of the news just like massey quietly restore its dividend and in a year both will be doubles…
And now he has died