Dick Bové Has Whittled His Long List Of Offers Down To Three Lucky Firms

Dick Bove, the bank analyst whose brokerage, Rochdale Securities LLC, is struggling to survive after an unauthorized $1 billion Apple Inc. trade, said he’s been interviewing for a new job. Bove said he has narrowed his choice to three firms, which he declined to name, and will make a decision by about Dec. 15. The 71-year-old analyst said he’s giving Daniel Crowley, Rochdale’s chief executive officer, time to seek rescue financing after a loss on the Apple trade decimated the firm’s capital. “I indicated to them that my loyalty is with Dan Crowley and so I couldn’t make a decision until Dan threw in the towel,” Bove said today in a telephone interview. “The decision I make is really based on whether I want to stay with a small firm and write what I’m going to call provocative research or whether I want to go back in the general Wall Street milieu, dealing with corporate finance issues.” [Bloomberg]

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17 Responses to “Dick Bové Has Whittled His Long List Of Offers Down To Three Lucky Firms”

  1. Guest says:

    Well we know one thing, his decision will be devastating for two firms.

  2. guest says:

    I hear he's taking his talents to South Beach.

  3. Sean says:

    Is he taking the Giraffe?

  4. Lowly Assistant says:

    If my giraffe were as fat as William Taft,
    Why, I would be a lucky fellow.
    And if my life was as ugly as my wife,
    I would likely give up analysis and eat jello.
    But then the girl just leered and stared at my beard
    While I jotted some numbers down.
    Powerball 6 is surely a miss,
    So I won't play at all and just frown.
    And in my old age after performing on stage,
    Investors look up to me.
    But my extra wide monitor no longer has power,
    So I must pack up my box and go.

    -Sad Dick Bove

  5. BeLron says:

    I've found that a particularly good strategy is to hold a TV special to announce which of the three you've chosen. You should try it.

  6. Guest says:

    71 years old and still an analyst? How did his career go so wrong?

  7. E. L. James says:

    "and write what I’m going to call provocative research"

    Go on….

  8. Meredith says:

    Milieu is fine. But, if u want provocative milfieu, feel free to give me a call

  9. nachocheese says:

    Stay thirsty, my friends…