Apparently the recent events in Japan were just the sort of ‘excuse’ Ben Bernake, et al have been waiting for. Continue reading »
Archive for March 2011
‘Aftershocks’ measuring a 6.2 in magnitude 200 miles northeast of Tokyo and a 6.0 55 miles southwest. No word yet on whether or not Dennis Gartman called these two weeks ago. [AP]
Wiretaps Reveal Rajaratnam’s Sense Of Invincibility, Secret Desire To Be The Next Biggie
By Bess Levin
The call took place at the end of September 2008, in the midst of the financial meltdown, when Rajaratnam appeared to be struggling. “I’m long 25 and I’m taking the pain,” he said, referring to his stake in AMD stake. “But I’m, you know, I’m a warrior. They can’t kill me, they can’t kill me. October’s my month.” [NYP]
$$$ Japan scrambles after third blast at nuclear plant [SMH]
$$$ Before Mr. Rajaratnam and Ms. Chiesi hung up, she says, “Love you.” [WSJ]
$$$ Prosecutors Seek 10-Year Term in Goldman Code Case [WSJ]
$$$ Nikkei 225 Set for Worst Two-Day Slump Since 2008 [Bloomberg] Continue reading »
Not even Danielle Chieisi’s “little boyfriends could know.” All this business had to be on the total down low. Just Raj, Anil Kumar, Danielle Chiesi and the FBI. Continue reading »
You can stop with the fire drills. Continue reading »
UPDATE II: Second bracket is full. Go here to get in the third one.
UPDATE: Apparently we hit the limit on the first bracket so we’ve opened up a second you can sign up for here. NakedShort will reconcile the results and aggregate them at the end of the tournament. Password is the same (animalliar).
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As you may have heard, March Madness kicks off tomorrow. Despite this being the most wonderful time of the year for many, there exists one financial services hack who wants to destroy it for everyone. He’s announced his plan to (anonymously) report any colleagues he catches filling out brackets and keeping tabs on their picks during business hours. Does he work at your company? Maybe! Should you take a stand regardless? Yes! How so? By entering as many pools as you possibly can, making it impossible for him to keep up with the amount of people and their various offenses he must rat out. To that end, we’d like to help do our part. Today we introduce the First Annual Dealbreaker NCAA Tournament Challenge. You don’t need a reason to sign up besides the right to say you won the DBNCAATC but as an aside, the winner will receive dinner for him/herself plus three colleagues and/or friends at Peter Luger’s, followed by an outing to UBS favorite Beamer’s, an embroidered Patagonia and an ‘I love Dealbreaker’ button.** Continue reading »
He yelled at them to “get a job” as a colleague apparently laughed at the not particularly funny joke made slightly more amusing by the fact that Chuckles’ buddy may be out his own. Continue reading »
While richly compensating employees, consultants and/or people providing you with material non-public information for jobs well done is probably the biggest factor in encouraging performance, a good manager knows there are other important ways to motivate people. As a Wharton grad, Raj Rajaratnam knew full well the benefit of patting lessors on the head to make them feel like a valuable member of the team so they continue to strive for your approval and affection. Take Anil Kumar. In 2006 he informed Raj of AMD’s plans to acquire ATI Technologies, in a project that was code-named ‘Supernova’ and ‘Go Big.’ Continue reading »
In a contemporary version of “Mad Men” and its bibulous ad executives, more dot-coms are embracing the idea of drinking at work. That means keeping bars stocked at all hours, installing kegerators and letting programmers tip back a few while they code. It’s typical to see employees with a beer on a Friday afternoon, when the company lets workers demonstrate new projects, he said. CrowdFlower also occasionally gets kegs for gatherings it hosts for its community of developers and users. “We had a customer from a bank come, around 11 a.m., and I was really embarrassed by the fact that we had a keg up,” Biewald said. “But he actually poured himself a drink.” [Bloomberg]
