Woman In Mark Hurd Case Regrets Dismissal (WSJ)
The woman at the center of the ethics scandal that cost Mark Hurd the top job at Hewlett-Packard Co. identified herself Sunday as Jodie Fisher, a 50-year-old sometime actress whose film credits include “Intimate Obsession” and “Body of Influence 2,” plus reality show “Age Of Love” Ms. Fisher, whose June 29 letter accusing Mr. Hurd of sexual harassment triggered a board investigation, said through her lawyer that she was “surprised and saddened that Mark Hurd lost his job over this. That was never my intention.”
Goldman Sachs Lost Money On Ten Days In Second Quarter (Bloomberg)
Losses on Goldman Sachs’s trading desks exceeded $100 million on three days during the period that ended on June 30, according to a filing today by the New York-based company with the U.S. Securities and Exchange Commission. Today’s filing also shows that the firm’s traders generated more than $100 million on 17 days during the quarter. Of the 65 days in the quarter, Goldman Sachs traders made money on 55 days, or 85 percent of the time.
US to pay big sums for Wall St tip-offs (FT)
New US whistleblowing incentives within the Dodd-Frank financial reform act – that could net informants multimillion dollar pay-outs – are likely to generate a surge in allegations against US-listed companies and Wall Street banks, lawyers say. The SEC is expecting a sharp increase in tip-offs from senior employees and third parties prompted by potential seven-figure bounties. “The scale of the awards reflects the high quality of whistleblower we hope to get – people within a company, broker or other regulated firm that we might not have heard from before,” Stephen Cohen, an SEC official, told the Financial Times. “We’re expecting a tremendous response.”
AIG Faces Fed Scrutiny as Buffett’s Bets Spared by Dodd Law (Bloomberg)
The Dodd-Frank Act could “materially and adversely affect AIG’s businesses” and hurt cash flows and credit ratings, the New York-based firm said Aug. 6 in a filing. The Federal Reserve may be the bailed-out insurer’s regulator if a new risk watchdog determines that an AIG failure could threaten U.S. economic stability, the firm said.
Freddie Mac Asking For More Help After Big Loss (AP)
Freddie Mac says it lost $6 billion, or $1.85 per share, in the April-to-June period. That takes into account $1.3 billion in dividends paid to the Treasury Department. It compares with a loss of $840 million, or 26 cents a share, in the second quarter a year ago. The company is asking for $1.8 billion in additional federal aid.
Investment Banks to Deepen Japan Staff Cuts, Hire in China, Recruiter Says (Bloomberg)
“Foreign banks will freeze their hiring and launch another round of restructuring in Japan,” Katsunobu Komizo, the chief executive officer of Executive Search, said in an interview today, without naming companies. “My worry and warning is that they regard Japan as a county where it’s not worth taking risks; that they will pass on this country and invest in Hong Kong, Singapore and Shanghai.”
Bob Rubin Argues Against ‘Major’ Stimulus And For Deficit Reduction (HP)
“I wouldn’t do a major second stimulus because I think…we run a risk that it could be counterproductive in creating a lot of additional uncertainty and undermining confidence,” Rubin said on CNN. “But at the same time — and what I’m about to say is easy to say and very hard to do — at the same time I would try over the next six months to put in place a very serious beginning of deficit reduction that would take effect at some specified time in the future. And I would guess something like two years. So it wouldn’t take effect right now, when the economy is still so vulnerable, but if you could do it and it was credible and people believed it and it was real, I think that could do a lot for confidence. The problem is that’s very easy to say and very hard to do.”
I’ll say she looks pretty darned good for 50 (Photoshop?)…not good looking enough to lose a job over, at least Hurd > Steve Philips
morning wood!!
in soviet russia, actress harrasses YOU!
look at the tits on that 14 year old boy!
I wouldn’t get fired for that.
Mark Hurd should have at least pleaded ignorance or something.
Lights on. All of them. I would scoop dat.
shes a milf..happily would swing her around my room by the tip of her butt beads!
pussy is a hell of a drug
That’s gotta be a 20 year old picture. No 50 year old looks like that, sorry. Hurd’s a moron for throwing away his career over that. WTF? Had he nailed Elin Woods, now that would have been fun…and a good story for the grandchildren!
Perhaps he found someone as into watersports and scat as him.
Woods? No I woods not!
Sound’s like extortion to me. HP claims that he was dismissed because he expensed his personal dinners with her. Mark, next time maybe you should reach into your own pocket to pay the bill.
E. Spitzer
I wonder if he leaked his ink on those beautiful bosums
Gloria Allred strikes again …. extortion is alive and well
she does not seem to regret taking the money!
She looks like the actress from the early 90′s classic sitcom, Wings.
@17 what are you talking about?
- first year analyst at JPM who’s had everything handed to him on a silver platter from the day of his birth
You can be CEO anytime, but how often do you get the chance to bang a 50 year old sometime actress of that caliber?
@18 = First year analyst at JPM
-Matt Taibbi bringing the news to you with fervor
Those freckles on her left shoulder never get younger.
Age appropriate harassment is the new Killin’ It.
What sucks about this is that it happened between when I initiated donating HPQ shares to my charitable fund and when the fund finally received/sold the shares. What’s funny about it is a millionaire CEO who’s too cheap/entitled to open his own wallet when sloring around and loses his job because of it.
I hope Tiger is taking notes.
If you are going to throw your career away over some tail, at least make sure it’s hot tail….(hint: if said tail works at Perkins, it’s not)
Today the SEC announced plans to offer ridiculous sums of money to people who turn in fraud. When asked where the money would come from the SEC simply stated:
Step 1: Get Tranny Porn
Step 2: ????
Step 3: Profit
In completely unrelated news, the SEC’s phone server crashed due to an influx of calls. When asked for an explanation the SEC stated:
Huh?
Ratting out your fellow dipshit investment bankers is the new killing it.
If HP hadn’t paid Hurd such a measly income he wouldn’t have had to self medicate with strange pussy. Let us all learn from that.
@25,@26 Yup! Lots of panic’ed bankers today. These people would step on their dying grandmother’s chest to pluck the last quarter out of her hand. For seven figures, they’ll serve up their “friends” on a silver platter! Hell, for $10 they’d do it!
Okay, so Hurd gets around $100 million over 5 years…..and he actually is too cheap to buy his mistress a few dinners. Seriously???? WTF is wrong with him? That’s reason enough to can him.
http://www.imdb.com/media/rm921935104/nm0004751
that totally is the chick from Wings
Just buying cheap dinner on petty cash gets you nowhere but fired. He should have invested in some diamond nipple rings for her!
Getting caught harassing B grade ‘actress’ = innovating the HP way?
It moved
HP = Hot Pussy (but compared to Ashley, she’s a piker)
No actual sex involved here. Just harassment. He requested sex, I’m guessing. She said no. He requested again — 2nd time is harassment. She calls Gloria Allred. Allred’s involvement means recordings and emails are involved. More to this story than is being told. Big gaps everywhere.
Bess, telephone number please.
Tiger
I did not have sex with that woman
Bill C
Good career move. For her. Here comes the Playboy spread, Tell-All book deal and maybe even her own reality show.