• 31 Aug 2010 at 5:30 PM

Write-Offs: 08.31.10

$$$ Goldman swims downstream for PetroAlgae IPO [Reuters]

$$$ Wall Street Insiders Want Out [CBNC]

$$$ “The exercise series, open to the public, begins with Wall Street Ball Street on Oct. 21. From 2 p.m. to 6 p.m., participants will be a schooled in the art of squash, which, “Wall Street” aficionados will recall, was played literally and metaphorically by Gordon Gekko and Bud Fox. After the squash lessons, guests will sample Scotch flights, nibble hors d’oeuvres and get shoeshines while watching the quintessential ’80s film (because lunch is for wimps). Cigar smokers can puff away on the rooftop. Suspenders and slicked-back hair are optional.” [LATimes via BI]

$$$ Elliott Management Drops Suit Against AR Magazine. [AR]

$$$ Why Private Equity Is Chasing The Next Satellite Dream [Forbes]

$$$ DoubleLine’s Gundlach Cuts Treasuries as Yields Begin `Bottoming Process’ [Bloomberg]

Comments (9)

  1. Posted by InfiniteGuest | August 31, 2010 at 9:57 PM

    swimming downstream, fishing downstream, same diff no diff.

  2. Posted by Guest | August 31, 2010 at 11:21 PM

    CBNC?

  3. Posted by black ghost | August 31, 2010 at 11:32 PM

    with criminal charges on the way goldman execs are stockpiling money to disappear with….

  4. Posted by Ptbomber | September 1, 2010 at 1:01 AM

    Other than that, CNBC article doesn’t address the issue of liquidity as a reason many “insiders” have to sell their stock. Summer house mortgages and kids school,etc., still need to be paid currently–there isn’t an option to defer payment.

  5. Posted by trojan | September 1, 2010 at 5:14 AM

    squash is to racquetball as cfa is to mba. discuss.

  6. Posted by charles festerbottom | September 1, 2010 at 12:35 PM

    eaton fives>hard racquets>court tennis>doubles squash>squash>paddle tennis>tennis>ping pong>badminton

    rankings notwithstanding, any/all of these are to racquetball as caviar is to horse shit

  7. Posted by Email | September 1, 2010 at 12:59 PM

    ..

  8. Posted by Bubba | September 1, 2010 at 1:05 PM

    Anyway, like I was sayin’, squash is the fruit of the sea. You can barbecue it, boil it, broil it, bake it, saute it. Dey’s uh, summer squash, acorn squash, butternut squash, pumpkin, winter squash…that- that’s about it.

  9. Posted by black ghost | September 1, 2010 at 2:40 PM

    trash like goldman is used to swimming in cess pools.

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