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I have to assume his next series of career moves will be to start a hedge fund, run it into the ground, write an awful book, and end up hawking penny stock DVDs in a DoubleTree conference room.
It works on some many levels!
Comments: @22 Do you really think a snarky internet blog written by a 25 year old is going after the 30+ set? @all Remember that guy who failed his MBA? Oh, right... And people who do have a JD/MBA don't use phrases like "FTW".
Maybe if they stopped using old SAC whiteboard markers as coffee stirrers things would improve.
@64 How about Nathaniel Fick? Dartmouth BA Recon Marine (not a SEAL, but not too shabby) HBS MBA and HKS MA.
300 and Last?
Mayo wasn't funny. Shamwow wasn't funny. Wideclops wasn't funny. The Dennis Kneale stalker isn't funny.
One you write "5'3'' Asian", the "with Spiky Hair" is pretty superfluous, no?
Are you guys selling penis mightiers?
I disagree. I think the rug really tied the room together, did it not?
@NS, That's the kind of CFA I could get behind.
They pay him actual money to write that? Like actual, real US Dollars? Dollars which could have been put to a move productive use, say, lining a bird cage? What a country.
Indeed, "Scalable" at $1M is different from scalable at $5M, which is a hell of a lot different than scalable at $50M.
I knew one of the investors and he was f'n smug about it. We managed some of this money and everytime something didn't go as planned (ie, down month) he'd said "I got this guy in NY, just churns it out no problem. Why can't you do that?" Gave us a ton of shit for it. I'm not happy he lost his money, but perhaps the entire industry needs to do a better job managing client expectations, so people know what's legit and what's not.
She's 71? "I do have a hard time telling ages with black – shoes are the best kind of shoes"
25, I believe you have my stapler.
33, All that's missing is the banana hammock: http://www.youtube.com/watch?v=xp9Gm-aRe5A
These aren't the new funds, there are the old funds. Highwater mark still in effect.
Could have just offered them DVDA instead.
So they're OK with the origination of high risk mortgages, it's just the securitization of them that got us into trouble? Because they never would have gone bad if they hadn't be securitized...