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@8 and @9: genius!
I personally would have taken the horse instead. If Houston is TX's a-hole, what about Dallas? It's sweaty ball sack?
Lorello was a super star banker with Salomon Smith Barney back in the day. Pulled the same move on Solly when he jumped ship to UBS - he even took the analysts with him! Does not surprise me he's doing it again, now with Jefferies. Why Jefferies? Guaratees, better commute, American pride. Whatever reasons, JEF will be a superior Health Care shop because of him.
Vik will stay. Vik is a good dog that does what he's told, without complaints or leaks a la Ken Lewis. The Fed is Citi's primary regulator. Lack of commercial banking experience at the top is irrelevant. The head of the Consumer Bank - firmly entrenched in Bair's world - is a commercial banker. She-Bair and Vik hate each other, going back to the Wachovia deal that wasn't. C still hasn't gotten over it. People still complain about it, specifically about the She-Bair. The Pandettes hate the She-Bair, intensely, and judging from the WSJ piece, it seems they have gotten under her skin.
I have friends who are CFAs, mostly in equity research. What's your motivation for taking the test?
Chrylser or Chrysler? Gatorade morning Bess?
Truly sad. As former analyst, I can relate to some of the posters concerns. Many times, analysts put up with is way too much bullshit from petty, insecure assholes on a power trip. #45: You douche.
I would shoot quail with the Dick Vader any day of the week. Heck, maybe we could shoot a terrorist in the face from time to time. One thing is clear to me: this man knows how to handle a weapon. I easily see him manning the bazooka or directing field artillery. Maybe he keeps SAMs in his WY ranch. Respect the Cheney, douches. Respect.
@22: Research is dying. It's the worse place to start, IMHO. One day you're covering a handful of names, the next you're out because of "strategic" realignments in coverage. MIA Analysts Give Companies Worries http://online.wsj.com/article/SB124328512396452063.html
I believe she was the Chief Investment Officer, not the CFO.
@7 "Just when I thought I was out...they pull me back in." ~ Michael Corleone, The Godfather Part III
This is pathetic. Send my congrats to the "friend". Did a pretty good job slurping up all that Kool Aid, deceiving herself into thinking that business school is somehow going to change her life. The only thing that's changing is the balance in her bank account - that number is going down. And, the number of people she's going to be sexually active with - definitely going up. Excited for the years ahead? Yeah, sure, who wouldn't be excited for the US$90K a year you'll have to fork out for this "Kolledge" experience at CBS!
These are great guidelines to follow ALL THE TIME, but who are we kidding? They're making a comeback now because of the environment, but during good times, staffing best practices fall by the wayside. I doubt these are even enforceable at most big banks. Definitely not at GS. Could someone remind me why point 3 under Staffer Responsibilities is called the "some dude" rule?
I believe the first GWM wisecrack referred to Gay White Males, not Whales. Why Whales? Maybe our poster is gay for whales? Maybe he summers in Nantucket with his man-bitch, Rodrigo. Maybe he keeps a copy of Moby's Dick under his pillow? That's one gay white whale story! I presume these cuts are going down in the middle office support areas.
It bothers me, as one of Hebraic roots, the implicit assumption that there are no Jews of African descent. The black Jew, the Zebra of the equines, is cool, collected and significant to the Tribe - they're the only ones that may carry the Ark of the Covenant. And are great dancers. The Beard was referring to these special Jews in attendance, for sure. Buya!
Bess - as much as I tried liking this story, it aroused zero sarcasm in me. Nicolas Cage is a lame-ass actor. His recent work is terrible, a fundamental reiteration of the flop National Treasure. I have no interest in the man or his house with a turret. A hedge fund manager, former star trader or former M.o.T.U in general would be a better subject for this kind of piece. But Nicolas 'Friggin' Cage? He is so 1995.
EP, just one a week, eh? Can't be that hard, unless you have a real mancrush on the 'Bam. C'mon. Fridays only please.