Bess Levin
Posts by Bess Levin
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Hedge Funds
Yahoo! RésuméGate, Day 7: Third Point Is Not Enjoying This At All
By Bess Levin
In fact, hand to god, Dan Loeb and Co. find this “embarrassing episode” that they set the wheels in motion for painful to watch. Continue reading »
Wall Street Journal Columnist Can’t Believe He Has To Breathe The Same Air As Worthless Pieces Of Shit That Are Today’s College Grads
By Bess Levin
Once upon a time, as in two years ago, Wall Street Journal foreign-affairs columnist Bret Stephens hired an intern from West Point who blew him away with her accomplishments and talent. When she wasn’t performing “field exercises in which she kept a bullet proof vest on at all times, even while sleeping” she was writing “brilliantly” and was one of the most “self-effacing” people Stephens had ever met. Currently, the former intern is fighting the Taliban in Afghanistan and to this day, whenever Stephens thinks of her, he is awed and impressed, as most people would be. Unfortunately, he probably won’t have the opportunity to hire another individual of her caliber, because approximately 99% of this woman’s generation is made up of despicable know-nothing low-life scumbags who exist to make Stephens sick. Continue reading »
Patti S. Hart, the Yahoo director who headed the board search committee that picked Scott Thompson as the company’s chief executive, will not stand for re-election, a person briefed on the matter told DealBook on Tuesday. Ms. Hart’s departure, which could be announced as soon as Tuesday afternoon, is the first significant response by Yahoo amid the growing controversy over Mr. Thompson’s academic record. The company is also expected to formally announce later on Tuesday the formation of a three-member board committee to investigate Mr. Thompson’s hiring and how erroneous academic information appeared in official company documents…Before last Thursday, Mr. Thompson’s biography said he had earned both accounting and computer science degrees from Stonehill College in Massachusetts. After prodding by the hedge fund Third Point last week, Yahoo conceded that Mr. Thompson had earned only an accounting degree. Ms. Hart’s biographical information also misstated her academic credentials, saying she had a degree in marketing and economics when it was in business administration. [Dealbook, earlier]
The aforementioned layoffs are said to begin this week, with the survivors being fitted for their superpod racing suits shortly. Continue reading »
“FYI: Facebook still blocked at MS. Awkward. (Also, no banners or giant thumbs).” [Earlier, Related: Things that would never happen at JPMorgan]
This Is Warren Buffett Telling A CNBC Anchor How Difficult It’s Been To Bang The Guy’s Wife
By Bess Levin
As some of you may have noticed over the years, Warren Buffett has carved out a pretty unique niche for himself in using analogies about whorehouses, porn shops, one-night stands, taking Viagra, fondling inanimate objects (or simply laying the ground work to do so) when discussing business. Regardless of the topic, no matter the setting, he’s prepared to go out of his way marry aberrant sex fetish with folksy business wisdom. So naturally, when asked by Andrew Ross Sorkin on Squawk Box this morning if a $22 billion acquisition by Berkshire Hathway that didn’t pan out earlier this year might happen at some point in the future, Buffett told the gang “It’s always possible. When a girl hangs up on me, I try again,” rather than “Sure,” or “Yeah, anything can happen,” or “Never say never, Andy.” At this point, the anchors could have moved on but Joe Kernen saw an opening for a little repartee and went for it, not realizing that he was dealing with a professional. Continue reading »


Hedge Funds
Paulson And Co To Provide Monthly ‘My Bad’
By Bess LevinTags: "I think we'll be okay there they have a thin candy shell. -JP", "This month's results: -12.8%. We'll get 'em next time. -- JP", brief commentary, John Paulson, Paulson and Co