DrederickTatum

Recent Comments

  1. 1
    Posted 2008-10-23 11:55:03 on Business School Looking Better And Better Every Day

    @37 - I agree. I've said many times here at Dealbreaker: There are only three real business schools: Wharton, MIT and Chicago. (alright maybe stanford too). Everything else is a country club (especially HBS). @53 - It's sad, but that is probably exactly what is happening.

  2. 2
    Posted 2008-10-02 12:36:02 on Annoying The British: A Practitioner’s Guide

    Well played Equity Private... well played.

  3. 3
    Posted 2008-10-01 13:00:11 on This Is Dead Serious

    HBS Finance Club's motto - "We went to the wrong school" If you're smart enough to get into Harvard, you should have been smart enough to you'd be better off at that Wharton, MIT, and Chicago for finance. HBS is a country club.

  4. 4
    Posted 2008-10-01 11:22:23 on This Is What We’re Talking About!

    @1 - Want to like it... but the format is really distracting. There's something to be said for simple, easy-to-read format. Carney's there, so I'll read it... But I hope they do something about the site design.

  5. 5
    Posted 2008-09-19 12:53:38 on What Goes Up, Must Not Come Down: Short Sale Rule Discussion

    @3 - That's fine... but creative destruction will rear its head. Banning short-sales prevents huge 401k managers (who hold everyday America's money) from hedging counterparty risk. If the fundamentals at a brokerage truly are bad, and it collapses, the systemic risk will be enormous in the absence of short positions.

  6. 6
    Posted 2008-09-19 12:23:16 on Midday Market Update: Biggest Winners

    Ban the Longs! This kind of market run-up precipitates bubbles! /sarcasm Christopher Cox... complete moron.

  7. 7
    Posted 2008-09-18 16:58:58 on People Moves

    Carney, Good luck... I'll be reading over there now also. Can you change the Clusterstock's format? There's too much going on and it's annoying to look at..

  8. 8
    Posted 2008-09-18 13:29:26 on Greg Boester Straw That Broke JPMorgan’s Back, Caused Bank To Stop Trading With Citadel

    It seems like there has been animosity here before...Didn't Amaranth sue JPM for allegedly interfering with potentially more profitable Citadel bailout of Amaranth? (I think JPM and Citadel jointly wound up holding Amaranth...). I like Ken Griffin. The fact that he's poaching from JPM makes a lot of sense - If I were a hedge fund titan, JPM would be on the short list of place's I'd go*. In fact, its almost a compliment. *Admittedly, I know nothing about Greg Boester.

  9. 9
    Posted 2008-09-17 17:13:35 on Morgovia?

    So which is worse; merging with Wachovia or Bankruptcy?

  10. 10
    Posted 2008-09-17 16:54:00 on Who Wants A Battered Piece Of Ass(ets)?

    Wachovia and Morgan Stanley? That concerns me more than MS continuing on its own...

  11. 11
    Posted 2008-09-17 13:07:42 on Emergency Rate Cut?

    The yield on the 3 Month Treasury is .02!!!

  12. 12
    Posted 2008-09-16 21:16:47 on Fed May Does Offer Bridge Loan To AIG

    HA! Libor plus 850! The Federal Reserve just became Federal Pay-Day Loans

  13. 13
    Posted 2008-09-16 17:08:01 on BoA Securities Quits AIG

    Its not necessarily conservatorship... it could be BK.

  14. 14
    Posted 2008-09-16 14:53:02 on Fed Refuses To Bail Out Markets With A Rate Cut

    Someone had to put his foot down... and that foot was Bernanke

  15. 15
    Posted 2008-09-16 14:24:37 on Paulson Considers A Conservatorship For AIG

    You know what's dangerous about all this? Even if the Govt is well-intentioned now, a future Treasury might abuse the power to take over private companies... Save BSC, Don't Save LEH, Save FNM, Don't Save AIG... Even if the isn't an institutional bias (and there isn't one), someday all this government authority could (will?) be manipulated for non-public gain. Stay out of it. If everything goes to hell, then new banks will rise. Always have, always will.

  16. 16
    Posted 2008-09-16 01:22:47 on AIG Rating Cut

    @151 - I'm pretty sure AIG's founder owned the mountain in the 20's. They rolled it into the company and have had it ever since. AIG also several non-insurance related businesses like, for example, the world's largest airline leasing corp.

  17. 17
    Posted 2008-09-15 01:00:43 on Late Night Rumors From LEH

    @101 CS? more solid than most... hopefully that's good enough in this market. At least they've got a competent ceo at the helm

  18. 18
    Posted 2008-09-14 20:56:07 on Two Emergency Liquidity Plans, And A Board Meeting At Merrill

    Here's a complete guess on the high price BOA is paying. Take it as 100% speculation: There must be contingencies on the $29.00 price... No way does B of A make that deal if its unnecessary. Maybe BOA/MER can sell the high price publicly to maintain faith among counterparties... then, possibly, if benchmarks aren't met on CDO values there could be a lower purchase price.

  19. 19
    Posted 2008-09-14 18:34:48 on Television’s Awful Coverage Of Lehman’s Fall

    TV lacks the flexibility of the blogosphere... Seriously, Carney... Its a credit to this website - You've been among the most effective media sources out there. Viva la blogosphere!

  20. 20
    Posted 2008-09-14 10:04:37 on We Have Reached A Deal For Lehman, Sources Say

    @34 - You're question is one of the great mysteries of the credit crisis. I have no idea how C has flown under the radar. It's almost like C is so big and so scary that the market is surpressing the potential nighmare of a C liquidity squeeze.