$$$ NYSE Expects Trading Floor to Be Ready to Open Wednesday [WSJ]
$$$ Goldman Sachs offering water, charging stations for residents of Battery Park City [GS]
$$$ Gary Cohn expects to see you all tomorrow: “In New York, a lot of our people live in Lower Manhattan and I would consider them to be within walking distance to our building. We also have a large portion of employees in Battery City. We’re confident we can get a lot of people to work. We’re working on contingency plans right now on how to move people logistically are around the city…The clients that really need people in the building are more of the trading clients. The securities division personnel, the sales and trading personnel are those that will be our number one priority to get into the building. And once you bring in the sales and trading people, then you need to bring in your back office, your support, technology support, and payments and settlements.” [Bloomberg TV]
$$$ NYC transit crippled after storm; No one knows when New York’s subway will reopen [NYP, The Atlantic]
$$$ UBS to Cut 10,000 Jobs in Major Overhaul [DealBook, earlier]
$$$ Behind the Inscrutable Mien, Clues to Merkel’s Methods [NYT]
$$$ Shashank Tripathi, Last Night’s Twitter Villain @ComfortablySmug [gofwd]
$$$ Chris Christie may reschedule Halloween [SFGate]
$$$ That’s it for us today. We’ll see you back here tomorrow. Stay safe!
$$$ Pimco is looking for a portfolio compliance analyst in Newport Beach [DBCC]
$$$ Supervalu May Be Just That [WSJ]
$$$ “The opportunities for private equity houses to do dividend recaps will be restricted next summer as European legislation comes into force.” [PEI]
$$$ The Federal Reserve’s Response to the Financial Crisis: What It Did and What It Should Have [St. Louis Fed]
$$$ Haldane, Occupy, and the path to reform [FTAV]
$$$ InstaSnopes: Sorting the Real Sandy Photos From the Fakes [Atlantic]
Dear UBS Team Members,
Our hearts are with those who have suffered in this terrible, catastrophic storm, and we feel for those who are still suffering even as recovery efforts continue. We will continue to make every effort to reach out with assistance to those who are in need.
That's why we wanted to make sure you got at least one piece of good news, which we hope will make things easier on you: you won't have to come into work today. Or tomorrow, or pretty much any day after that. In fact, you can pick up and leave and move somewhere else as far as we are concerned, because we honestly don't need your services any more. Good luck with getting the insurance and all that worked out, but please don't call our HR department for assistance on anything, because right now, we're swamped.
Best Wishes,
UBS Senior Management
Oops. That was supposed to be a thumbs up.
Yes…"reschedule" Halloween. Then I can have the streets to myself and all the candy!! Muwuhahahahaha
- Gov. Christie's Stomach
Shout out to Anal_yst! I miss his thoughts…
- Any publicity quant
City subways closed for unknown amount of time, New York's freaks to relocate to Barclays Centre in accelerating trend.
So when does the looting begin?
- Guy who needs some stuff
…and who needs markets to be open for M&A?
http://thewaltdisneycompany.com/disney-news/press…
Last night
-Strong Swimmer
Does this mean that the strong smell of piss will finally be gone from the subway?
Hmm, I rather liked the smell – this dude's apartment that I'm crashing at doesn't smell half so good. Oh well, look on the positive side – at least he left his cereal boxes open.
- New York Subway Rat
Wow!! Disney getting Lucas to extend the Star Wars brand for a new generation! I can't wait to see Spock, Uhura, Cap'n Kirk and the whole gang in new adventures! Live long and prosper!!
Examine your motives.
-Offended Special FX Quant
Dear UBSers,
Welcome to the 99%.
We are waiting for you.
Yes!
-Occupier