GinNTonic's Profile
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Entry: You Are All Very Excitable, It Seems To Me
posted by GinNTonic
Apr 11, 2008 5:26PM
Agree with 5:15. Muffie tries to be funny like Bess and interesting as EP, and it falls flat on both.
I think Muffie should be more like my favorite fictional female personality, Melissa Moody (http://longorshortcapital.com/melissa-moodys-ratings-alternative.htm)
Entry: petition to get rid of EP and Muffie
posted by GinNTonic
Apr 21, 2008 4:05PM
Keep EP even for fulltime, and get rid of 'guest' 2:23
Entry: petition to get rid of EP and Muffie
posted by GinNTonic
Apr 21, 2008 6:12PM
So which "guest" is Random Banker?
Entry: Layoffs Watch '08: Credit Suisse
posted by GinNTonic
Apr 22, 2008 2:02PM
@12:10
it's ongoing from what I hear
Entry: "Closer To End," But Not Really
posted by GinNTonic
Apr 29, 2008 10:00AM
Actually 9:43 would be right if their was a fund guarantee on the term loan, which many sponsors are kosher with, but I assume Schwarzman would rather sacrifice his first born rather than put a guarantee on one of his funds.
Entry: "Closer To End," But Not Really
posted by GinNTonic
Apr 29, 2008 11:28AM
10:45 that's not the best comparison.
I. You get L+350 (whatever the cap/flex is) and hopefully, if it's a decent credit, you get 100% of your principal in 5-7 years. Or if things get better, get refied in the next 3-4 years.
II. You get L+75-125 (decent ballpark), you lose 10-15 pts off the loan (which is a real cash loss). You are free to make more crappy commitments to other deals left to hang.
Entry: "Closer To End," But Not Really
posted by GinNTonic
Apr 29, 2008 2:42PM
@ ep,
since when were bankers "real creators of wealth"? We do appreciate any compliments we can get though. On that point though, would you rather have a $100 loan to a crackhead, or would you rather have a $75 loan to Steve Crab Hands, who then loans to the crackhead.
@Anal_yst
You're right, I forgot to add in the scenario III, where you sell at 20-25 pts discount
Entry: How To Think About The New Citi Slogan
posted by GinNTonic
May 07, 2008 1:06PM
@12:50
Why don't we just have rub & tugs in Citi branches? That would make me not care that JPM has ATMs on every corner.
Entry: How To Think About The New Citi Slogan
posted by GinNTonic
May 07, 2008 1:14PM
Bess / Carney,
Can you guys stop over-analyzing this slogan story and find pics / more info on this:
http://www.bankersball.com/2008/05/06/the-ladies-of-banking-and-law/
Entry: Petition to Reinstate Equity Private
posted by GinNTonic
May 07, 2008 3:43PM
i agree, bring her back. I actually like her DB posts more than a lot of her own blog posts
Entry: Citi Never Sleeps: The Ad Campaign
posted by GinNTonic
May 07, 2008 4:02PM
Carney, are you going to get a copy of Forbes Life Executive Woman or not? http://www.bankersball.com/2008/05/06/the-ladies-of-banking-and-law/
Entry: Protestors Foul Up Evening Commute
posted by GinNTonic
May 07, 2008 5:48PM
Beautiful strategy. Let's get supporters by pissing them off. I thought you usually get supporters by giving away cookies or brownies.
Entry: Washington DC Goes Gaga For ABC's Money Honey
posted by GinNTonic
May 09, 2008 4:18PM
Huge DSLs
Entry: American Psycho: Sometimes Penis Envy Is Just Penis Envy
posted by GinNTonic
May 09, 2008 4:21PM
No one fing believed me when I said American Psycho was a comedy!
Entry: RBS Locks Out Private Equity
posted by GinNTonic
May 14, 2008 9:25PM
Guys,
It's a $14Bn deal, even if they decided to put in 50% equity it would be tough to raise $7bn in this market. So since there would be no serious bids, RBS doesn't want to open up the books for non-serious bidders.
Entry: Shocker: Bonuses Will Be Down In 2008
posted by GinNTonic
May 15, 2008 11:35AM
Only 10%? Thats news to me
Entry: Shocker: Bonuses Will Be Down In 2008
posted by GinNTonic
May 15, 2008 11:54AM
Come on Bess / Carney, analyst bonuses are only a month away. Where are the spreadsheets!
Entry: Irony: It's Not Just for Breakfast Anymore
posted by GinNTonic
Apr 07, 2008 7:40PM
Why people still bother arguing with Random Banker is beyond me. Although I would love to ship all of the people who think like Random Banker to Cuba, there is no right or wrong in this argument. Do you beleive in Locke or Hobbes? Are you a fan of Marx or Smith? No matter how many facts, statistics, or anecdotes, either side throws out, neither Random Banker or anyone else is going to change their positions.
Just fing give up already of trying to convince the other side. You're all more likely to convince Bess, EP, and Muffie to have a 3-way than Random to beleive in personal responsibility