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AIG Bank of America Barclays Bear Stearns Ben Bernanke bonuses bonus watch Charlie Gasparino Citi Citigroup CNBC David Einhorn Deutsche Bank Dick Bové FOREX Galleon Group Goldman Sachs hedge fund managers Hedge Funds insider-trading Insider Trading Fest(ivus) 2010 Jamie Dimon John Paulson JPMorgan Ken Lewis Lawsuits Layoffs Lehman Brothers Lloyd Blankfein Made-off MBA v CFA Merrill Lynch Morgan Stanley Obama's Economic Superfriends performance Raj Rajaratnam RBS SAC Capital SEC Steve Cohen taxes Tim Geithner UBS Vikram Pandit Warren Buffett-
400K to replace a pension that would have paid 50% of 160K for life (isn't that how a govt pension works? no idea, I don't even know anyone who works in govt) ? Not that great of deal for Geithner, IMO.
I didn't know they remade the brady bunch.
@4 - if they can pay it back, then they deserve to get paid.
John Wilkes Booth, UCLA and SMU aren't "Ivy League". What do I get?
in honor of the CitiPawn, I say we set up TARPPawn. Buy the assets for 10c on the $, split the profits beyond that on sale. The banks will get a pawn ticket where they buy them back for sale+interest unless someone else buys them first.
I think having him write a blog post for DB would be a pretty cool outcome. Not sure if that his prize for winning or losing though. Maybe the topic is determined by win or lose.
in case of a nuclear attack, I'm sure having the president on American Airlines using an airphone activated by his POTUS Corporate Card is a viable option. I'm not sure I'd classify any security measures as a "benefit"
" It's more strategically compelling than ever for bringing BAC and MER together." no kidding. Too Big To Fail is the new business model and gives you access to those socialized risk capital markets
@8: I guess not, WFC up 31% today.
being that they just f'd their employees, I hope he didn't raise sheep.
somewhere in a bar, 2 bofa employees are closing out a tab... "oh. you came from MER? guess you're buying"
vanna, I'd like to buy a vowel...
The macarons at La Maison Du Chocolat are ridiculously good. Crisp on the outside, chewey in the middle. Not cheap, but worth it - a bag of 6 large ones will run you about 4 shamwows. Don't waste your time with the little ones, they lose the proper crisp/chewey ratio.
quibble over semantics? I would fully expect a Madoff thread to be quite anti-semantic.
nice tag, I bet that comes in handy again
so that's why Lewis wanted to meet with Thain. To tell him about his new role overseeing the expansion of the China operations....
W2's get mailed out by the end of next week. When you get them, open the little gift up. The tiny box that say "federal withholding" with the big number in it? That big number just went to pay the bonuses of a failed business.
A bronze Henry Winkler, rod and reel in hand, straining to pull in a giant letter "P" A Fonzi the Bear stuffed animal would do in a pinch too. Staple a Fisher Price rod to it, spray paint it gold, and you could award it for less than the cost of paying a first year JPM bonus.
was "Einhorny! Call us!" supposed to sound like "I'm horny! Call us!" or was that just some bonus accidental comedy?
I'll go with RBS. Since TARP isn't spurring the kind of stimulus promised, once a nationalization precedent like that is set, it will be viewed as the best way to protect the taxpayer investment for the next bank to line up for a(nother) handout