• 02 Nov 2012 at 12:47 PM

Dick Bové Needs Your Help

Rochdale Securities LLC, the 37-year- old brokerage that employs bank analyst Dick Bove, is seeking a capital injection after a trading error, said three people with knowledge of the firm’s situation. Executives at Rochdale are telling employees and potential investors that a trader at the firm made an unauthorized purchase of Apple shares, which has eroded the capital of closely held Rochdale, said one of the people, who declined to be identified because the overtures have been private. [Bloomberg]

31 comments (hidden to protect delicate sensibilities)
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Comments (31)

  1. Posted by No More Idiots | November 2, 2012 at 1:05 PM

    This was mentioned in the DB comments section earlier this week.

    - A guest that scooped Bess

  2. Posted by guest | November 2, 2012 at 1:05 PM

    Trading from you iPhone 5 before the software glitch is found. The NKI

  3. Posted by guest | November 2, 2012 at 1:08 PM

    Do you want a medal or a chest to pin it on?

  4. Posted by guest | November 2, 2012 at 1:11 PM

    Cool story.

  5. Posted by Kanye East | November 2, 2012 at 1:14 PM

    Dick is looking for an Injection? Hot Beef or Capital?

  6. Posted by Fmr Ray James IBD | November 2, 2012 at 1:25 PM

    Yea, well I'd like my youth back

  7. Posted by Guest | November 2, 2012 at 1:29 PM

    You just won a case of Bove's favorite chap stick!

    -Dealbreaker Gold Pass Prize Patrol

  8. Posted by Fmr Ray James IBD | November 2, 2012 at 1:28 PM

    did you like your own comment both on your computer and on your phone?

  9. Posted by Prize Distro Quant | November 2, 2012 at 1:34 PM

    Will it be shot at his face via Bella on loan from the sixers?

    -Guy who thinks the DB Gold Pass Prize Patrol would do this.

  10. Posted by LSO Fan | November 2, 2012 at 1:35 PM

    That was so Raymond Jamesy of you.

  11. Posted by Lactating | November 2, 2012 at 1:38 PM

    You just won a glass of Bove milk.

  12. Posted by Quant me maybe | November 2, 2012 at 1:40 PM

    So is commenting from your iPhone5

  13. Posted by Quant me maybe | November 2, 2012 at 1:40 PM

    That is one unhappy looking Dick.

  14. Posted by Guest | November 2, 2012 at 1:40 PM

    Rochdale – the only firm ever to get blown up by being long Apple.

  15. Posted by Ex UBS delta one MD | November 2, 2012 at 1:46 PM

    Pin it on kweu abdoble ?

    no brainer

  16. Posted by Corzine Meriweather | November 2, 2012 at 1:57 PM

    Are there any points for being the second to accomplish that?

  17. Posted by Adults | November 2, 2012 at 2:00 PM

    so are Iphones

  18. Posted by Timothy Cook | November 2, 2012 at 2:01 PM

    patience

  19. Posted by Guest of a guest | November 2, 2012 at 2:04 PM

    Good luck in the spring, Fitzwater.

  20. Posted by Guest | November 2, 2012 at 2:10 PM

    That's why I use an iFone

  21. Posted by Guest | November 2, 2012 at 2:09 PM

    Bove, your giraffe needs tending to.

  22. Posted by Hobbes | November 2, 2012 at 2:14 PM

    If it wasn't for the cuts, we wouldn't have been far behind.

    - UBS Equities Trader

  23. Posted by No power | November 2, 2012 at 2:14 PM

    And we all thought UBS sucked (it still does)

  24. Posted by D Trump | November 2, 2012 at 2:28 PM

    I will donate money if Dick Bove agrees to run the NYC marathon dressed in a giraffe plushy outfit.

  25. Posted by Backdoor_Bess | November 2, 2012 at 2:52 PM

    I have several movies called capital erection, would those help out with Dick?

    ~Gundlach

  26. Posted by VonSloneker | November 2, 2012 at 3:22 PM

    $3.44 million of capital?

    - Guy gathering the change in his couch to start a brokerage

  27. Posted by DB Gold Pass Holder | November 2, 2012 at 3:30 PM

    I have a Dealbreaker "Gold Pass" and the Rochdale story wasn't in the "Gold Pass" comment section that day either.

  28. Posted by VonSloneker | November 2, 2012 at 4:17 PM

    …about the Tokyo mayoral race?

    - Subtle Xenophobe

  29. Posted by Dick Bovay | November 2, 2012 at 4:37 PM

    I don't know what the bitching up there is all about.

    I always work in the dark.

  30. Posted by Kweku | November 4, 2012 at 3:11 AM

    Losing moey trading Apple stock is a commendable achievement.

  31. Posted by Vegas MarriageBureau | November 5, 2012 at 6:29 AM

    Dick Bove and Meredith Whitney would make a fine couple.