Yaël Bizouati

  • News

    Sex Writer/Madoff Victim Pens New Tome

    Alexandra Penney, the Madoff victim (“I prefer the word ‘casualty”) who started blogging about her travails for the Daily Beast last year just turned her gig into a book deal. And now you can buy it! “The Bag Lady Papers” is a book she wrote out of fears of becoming a bag lady, “trudging the […]

    / Feb 19, 2010 at 4:25 PM
  • News

    Lloyd’s Nuclear Balls Dismantle Lawsuit

    The lawsuit that Goldman Sachs filed earlier this week against seven of its former employees that defected to Credit Suisse? Boom. Evaporated. Dismantled probably by LB’s pair of “giant, nuclear-powered testicles.”

    / Feb 19, 2010 at 1:47 PM
  • News

    Regrets: Hank Paulson Wanted To Be A Forest Ranger

    Hank Paulson had a little chat last night at the 92Y with GE CEO Jeffrey Immelt. This must’ve been a tad on the uncomfortable side, since just last week, the two had a spat about the passage in Hank’s book mentioning the September 2008 convo regarding GE’s commercial paper woes they may or may not […]

    / Feb 19, 2010 at 1:05 PM
  • News

    Dick Bove’s Spring Break Reading List

    And now, we present you Dick Bove, book reviewer. In a note yesterday, Dick tells us about a great new read he recommends (“great” mostly because someone, finally, is agreeing with what he’s been saying forever). It’s called This Time is Different: Eight Centuries of Financial Folly and he wants you to pick up a […]

    / Feb 19, 2010 at 10:43 AM
  • News

    Darrell Issa Is Not Finished With Tim Geithner

    Timmy G’s tormentor-in-chief Rep. Darrell Issa will get to the bottom of that whole AIG saga, believe you me. Issa sent yet another letter to Bernanke yesterday, asking him to turn over all Fed documents related to the AIG bailout and its credit-default counterparties. Apparently those 250,000 pages they already turned in don’t reveal anything […]

    / Feb 18, 2010 at 5:00 PM
  • News

    Day One: Do It Across State Lines

    Governor Paterson has a new advisor in none other than Eliot Spitzer, and we can only rejoice in the news. This is fantastic on so many levels. First, who is truly better equipped than the Spitz to advise him on a variety of matters, including, but not limited to: love, ethics, socks on or not, […]

    / Feb 18, 2010 at 2:01 PM
  • News

    Matt Taibbi On Lloyd Blankfein’s Balls

    Matt Taibbi has a new article out. See if you can guess what it’s about. Were you going to say evil bankers and particularly the evil ones at Goldman Sachs? Of course you were. In MT’s latest, we “learn” that all banksters used junkie, con-men-like attitudes, and that Blankfein’s super power resides in his “pair […]

    / Feb 18, 2010 at 11:33 AM
  • News

    Guess What Ben Bernanke’s Doing In A Few Weeks?

    What he does basically every other day of his life– testifying about what he’s been up to. the House Financial Services Committee on Feb. 24. At this point, the whole thing looks like a creepy version of Groundhog Day, as it seems to be all the Federal Reserve chairman ever does. And we’re starting to […]

    / Feb 18, 2010 at 10:57 AM
  • News

    Brian Moynihan Was Outta Bank Of America ‘Til Management Offered Him The Job No One Wanted

    You know how Brian Moynihan is now CEO of BAC? Apparently before he got the gig he was two seconds away from peacing out of that dump. According go the Journal, back December 2008 -amid merger craziness- the bank wrote a draft press release entitled “Brian Moynihan leaving the company.”

    / Feb 17, 2010 at 5:23 PM
  • News

    Does Bank Of America Hate Black People? One Former Employee Says Yes

    A former Bank of America employee, Jack Mitchell, is suing the bank for $60 million for racial bias. Mitchell, an African-American, alleges in the lawsuit that BofA “supported and propagated a racially biased and discriminatory business allocation system.” Christopher Brennan, Mitchell’s attorney, tells us that the system was “akin to apartheid.” “It wasn’t an accident, […]

    / Feb 17, 2010 at 4:08 PM
  • News

    Minneapolis Fed Chief: Look How Far We’ve Come

    Minneapolis Fed President is taking a stab at those would like to see the Fed stripped of its bank oversight powers, saying that while the Fed made “significant mistakes,” just go ahead with your plan, and it’ll be the Great Recession 2.0. Sure, they didn’t see the crisis coming, but hey, “the Romans used to […]

    / Feb 17, 2010 at 12:20 PM
  • News

    Apparently We’re Going To Need Some Money For Those Regulations

    Happy one-year birthday Stimulus! It’s been a year since Obama signed the $787 billion American Recovery and Reinvestment Act, and what better way to celebrate than to learn that banks will need an additional $221 billion of capital if all proposed financial regulations are implemented? “The cumulative impact of all the proposed regulation suggests that […]

    / Feb 17, 2010 at 11:02 AM
  • News

    Volcker Loves Volcker Rule

    Got to give it up for Volcker, who, despite growing uproar against his proposed eponymous rule, is soldiering on, saying it’s the best thing that ever happened since well, ever. Volcker is however getting increasingly frustrated and said he is “very disturbed” by the level of dysfunction in Capitol Hill and the Senate, and basically, […]

    / Feb 16, 2010 at 1:28 PM
  • News

    Bomb Explodes In JPMorgan Athens Office

    Bomb was preceded by a warning phone call to an Athens newspaper. So far, no known death or injuries.

    / Feb 16, 2010 at 1:25 PM
  • News

    Dick Bove: Bravo, Jamie Dimon

    Bove has a newfound love interest: Jamie D. and we hope this will help him heal the Ken Lewis wounds. In a report today, Dick praises JP Morgan’s acquisition of some of RBS Sempra’s assets, not only because it makes sense business-wise, but mostly because it shows Jamie’s guts and manhood. I believe that Mr. […]

    / Feb 16, 2010 at 12:49 PM
  • News

    Janet Tavakoli: The Credit Crisis Was A Massive Ponzi Scheme

    Watch CBS News Videos Online

    / Feb 16, 2010 at 11:17 AM
  • News

    Hank Paulson Not Loving The Volcker Rule

    Hank Paulson is making the media rounds and yesterday it was the New York Times’ turn. In a 1040-word long op-ed/sales pitch for his new book, the former Treasury Secretary argues that while financial reforms are urgently needed, Obama’s Volcker Rule proposal suck and won’t work.

    / Feb 16, 2010 at 10:48 AM
  • News

    Andrew Ross Sorkin, Roubini, Malpass Chitchat About Greece

    They all agree it sucks. But which one sounds the smartest saying it?

    / Feb 12, 2010 at 4:10 PM
  • News

    Sam Zell Pisses Off Denim-Haters

    Sam Zell got himself in a bit of a pickle the other day, for the grave offense of wearing jeans (Jeans! They’re for peasants!) to the Union League Club. Because of his choice of pants, Zell, who was coming to give a lecture on the outlook of real estate, was barred from entering. Organizers thankfully […]

    / Feb 12, 2010 at 3:27 PM
  • Banks, News

    Remember To Recycle (The Old Banks)

    What is one supposed to do with all the failed banks? Buy them and create a new, prettier one! Former BofA and Wachovia execs are doing just this and are seeking $1 billion to fund their mega-bank, the Blue Ridge Bank N.A., to be based in Charlotte. And they’re hiring!

    / Feb 12, 2010 at 2:25 PM
  • News

    Citi, Community Organizer, Love Giver, Neighborhood Rescuer, Therapist

    Ok people, time to stop bitching about Citi and its desire to conquer (destroy) the world with its uber-derivatives. Those people have souls. They just launched a pilot initiative that will allow people to remain in their foreclosed homes for six months in six states and they would like the Blankfeins and Dimons of the […]

    / Feb 12, 2010 at 1:55 PM
  • News

    Greek Prime Minister Not Impressed

    The Greek Prime Minister George Papandreou is not too pleased with the EU’s pledge of some sort of help yesterday, which lacks any concrete measures. Papandreou’s response came down to, “thanks guys, but too little, too late.”

    / Feb 12, 2010 at 12:17 PM
  • News

    Bill Nighy’s Robin Hood Tax Video May Have Gotten Goldman Employees To Commit Voter Fraud

    Here’s the Bill Nighy video advertising the Robin Hood Tax, which is calling for a 0.05% tax on banking transactions. The tax could potentially raise at least $100 billion pounds to fight against child poverty and tackle poverty and climate change around the world, according to the campaign. At least one or two enterprising hackers […]

    / Feb 12, 2010 at 10:05 AM
  • News

    Hank Paulson Not That Worried About People Claiming Innaccuracies In His Book

    GE CEO Jeffrey Immelt said today that while he did indeed have a discussion with Hank Paulson in September 2008, it had nothing to do with his irm’s commercial paper woes, as the former Treasury Secretary claims in his new book. Rather than get defensive about the whole thing, Hank, through his publicist, said that […]

    / Feb 11, 2010 at 2:17 PM

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