• 06 Aug 2010 at 5:20 PM

Write-Offs: 08.06.10

$$$ SAC Capital reported a 3.7 percent gain in July, according to an investor. [Reuters]

$$$ Fired Fannie Contractor Alleges She Was Blackballed [WSJ]

$$$ Dan Loeb, You’re Boring Me [II]

$$$ Does Citibank’s S. Larson Really Exist? [WSJ]

$$$ “What a difference a quarter makes! Waking up in cold sweats to a recurring nightmare of Keynes waving his finger at you and repeating, “The markets can remain irrational longer than you can remain solvent,” while a drunken Santa Clause bellows, “You’ll shoot your eye out kid,” is not exactly what we had in mind when we began managing money for friends and family a few years back. But after scratching our heads daily as markets marched steadily higher through the first four months of the year, investors now appear to be dragging their feet toward the sad conclusion that Reality Bites.” [PDF]

$$$ BP May Name Citigroup to Lead $20 Billion Oil-Spill Claims Fund [Bloombeg]

Comments (14)

  1. Posted by Anonymous | August 6, 2010 at 5:46 PM

    S Larson is an anagram for “ran loss” so it’s definitely a Citi thing

  2. Posted by Anonymous | August 6, 2010 at 5:56 PM

    S Larson came about through the use of a sophisticated cipher that Citi ran on spark stations to encode the true identity of the real person in charge, V Pandit.

  3. Posted by Anonymous | August 6, 2010 at 6:25 PM

    Is Danielle Chiesi still in the business?!

    http://www.bloomberg.com/news/2010-08-06/hp-chief-mark-hurd-resigns-finance-chief-cathie-lesjak-named-interim-ceo.html

    HP CEO Mark Hurd Resigns After Sex Harassment Probe

    “Hewlett-Packard Co.’s Mark Hurd resigned as chief executive officer after an investigation found he had a personal relationship with a contractor who received pay from the company that wasn’t business-related. “

  4. Posted by Anal_yst | August 6, 2010 at 6:34 PM

    There apparently is an S. Larson in Sioux Falls @ Citi I’m told

  5. Posted by moshtick | August 7, 2010 at 12:39 PM

    It’s one of those Dale Carnegie tricks to remember someone’s name.

    (lärs-n)
    The unlawful taking and removing of another’s personal property with the intent of permanently depriving the owner; theft.

    The S. is obviously for securities.

  6. Posted by Mark Hurd | August 7, 2010 at 12:55 PM

    killing it is the new killing it.

  7. Posted by Anonymous | August 7, 2010 at 1:50 PM

    @6 meet me at the horse statue next to the cboe after the close.. i’ll be wearing the trading jacket, punch me in the face so i know its you

  8. Posted by plang | August 7, 2010 at 2:56 PM

    with a multi million dollar salary you would think hp’s hurd would have spent a few bucks of his own money on this hooker!

  9. Posted by trojan | August 7, 2010 at 5:00 PM

    Hurd to one-up Fiorina and Proposition 69 California come November

  10. Posted by Mark Hurd | August 8, 2010 at 12:32 PM

    Polo t-shirt, polo draws; now make me take this polo off. Girl you can get broken off – yeah I fuck you for an hour then I smoke it off. Swimming trunks and bathing suits, then go in the bedroom and tell the naked truth. Grrrrawwr.

    http://www.youtube.com/watch?v=fjV7krmYobI

  11. Posted by Anonymous | August 8, 2010 at 7:42 PM

    I was just moosefisted in Minetta’s. What do I do?

  12. Posted by Anonymous | August 9, 2010 at 1:04 AM

    @3 No, a soft-porn actress who has surprise, surprise, hired Gloria Allred as her attorney:

    http://www.mercurynews.com/news/ci_15714150?source=rss&nclick_check=1

  13. Posted by Anonymous | August 9, 2010 at 1:53 AM

    Anal_yst,
    I challenge you to a moosefisting at a certain tavern, popular in these parts. Wear your tightest leotard, sheer pantyhose and leg warmers. I will provide a headband, bench and 250 lbs of pure steel.

    - SPOED

  14. Posted by Anal_yst | August 9, 2010 at 1:58 AM

    Hey all you Dealbreaker pussies – meet me at a tavern named after Dubya’s Sec of Trans (transportation, not trannys). Punch me in the face so I know it’s you. I’ll be the guy dressed in a leotard, sheer pantyhose and purple leg warmers.

    -Anal_yst

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