Dealbreaker

Entry: Opening Bell: 09.25.09

posted by InfiniteGuest

Sep 25, 2009 8:25AM

Smart move on HSBC's part: Chinese CEOs are much, much cheaper.

Entry: Citi Puts In Two Cents On Goldman Sachs's Compensation Problem

posted by InfiniteGuest

Sep 25, 2009 3:59PM

@13, actually that graphic is a pretty accurate depiction of bonus time at Goldman.

Entry: Matt Taibbi On Goldman's Short Selling Logic: The Statistical Equivalent Of A Non-Sequitur

posted by InfiniteGuest

Sep 29, 2009 3:11PM

"Naked short-selling is a kind of counterfeiting scheme" just like Goldman Sachs is a great vampire squid wrapped around the face of humanity.
Makes perfect sense.

Entry: BarCap Comp Drama Even Worse We Thought

posted by InfiniteGuest

Oct 04, 2009 8:02PM

@39 Buying Lehman was the best deal Barclays ever made.

The Firm's bankruptcy came as the result of systemic failure, not the cause.

Entry: Bank of America Might've Bought Lehman If Tim Geithner Had Better Job Talking Up Dick

posted by InfiniteGuest

Oct 20, 2009 4:49PM

@26 (Inside) As this post illustrates, Fuld's intransigence was an obstacle. It is nevertheless difficult to understand why Mr. Geithner chose to let Lehman fail.

Entry: Opening Bell: 10.21.09

posted by InfiniteGuest

Oct 21, 2009 8:53AM

Step (1) Break up institutions deemed "too big to fail."
Step (2) ???

Entry: $30,400 Buys Wall Street A Three Course Meal In Vilification

posted by InfiniteGuest

Oct 21, 2009 5:23PM

@22, 23, 26, 32, you seem to forget that the current administration and Congress did not pass TARP, did not appoint Bernanke, did not bail out AIG, and did not arrange the mergers of 2008.

Wall Street owes precious little to the incumbents.

Entry: Rookie Traders Trying To Short Galleon Portfolio Might Need Lesson In Professional Trading

posted by InfiniteGuest

Oct 21, 2009 7:01PM

First, bitches.
Not for nothing, Teri brought a nice little nugget to our attention & she's speaking our language.

Entry: Opening Bell: 10.27.09

posted by InfiniteGuest

Oct 27, 2009 9:31AM

@12, by "slander," I meant, "facile, ad-hitlerum character assassination" equating the inaction of a minor child with the worst crimes of the perpetrators of the Shoah.
I regret any misunderstanding.
10

Entry: Write-Offs: 10.30.09

posted by InfiniteGuest

Oct 31, 2009 2:57PM

@15 (TGFD) Small shop, no choice.

Entry: Goldman Sachs Employees Will Have Their Festivus Whether Lloyd Blankfein Likes It Or Not!

posted by InfiniteGuest

Oct 31, 2009 2:57PM

@9 (AB) Were you in FISG?

Entry: Write-Offs: 11.03.09

posted by InfiniteGuest

Nov 04, 2009 7:52AM

@6 (Teri) My interest was piqued more by her own account of throwing up at an unnamed "troubled" bank. The Miller article reads like a love letter unless I missed something.
Her compensation at Citi was widely reported as comparable to her peers, topping out somewhere north of $10 million.

Entry: Opening Bell: 11.04.09

posted by InfiniteGuest

Nov 04, 2009 9:17AM

@6, close elections are nice, obviously, but it's also marginally cheaper to re-elect the incumbent.

Entry: Mama Goffer Threatens To Call The Police (Not On Her Sons)

posted by InfiniteGuest

Nov 06, 2009 7:20PM

Teri gave this woman an opportunity to defend her two sons, whom we know so far only as suspects in a criminal case. Presumably their mother could give us something humanizing about them, or correct the public record. Or she could have deleted Teri's e-mail (ht TC), as any competent lawyer must have advised her to do. It's not hard.
Rather, she flew off the handle in a spectacular way.
Teri is a reporter. In pursuing and reporting the facts, she did the right thing all along. I'm surprised that an educated and otherwise intelligent person claims to disagree.

Entry: Charlie Gasparino Does It Sans Sleeves

posted by InfiniteGuest

Nov 09, 2009 6:02PM

@43 (volatilitysmile) Thanks. It struck me as something more personal.

Entry: Hedge Fund Investor Relations Girl Sues Over Being Taken To Strip Clubs, Dumb Blonde Jokes

posted by InfiniteGuest

Nov 10, 2009 8:59AM

So much win.

Entry: Not Guilty!

posted by InfiniteGuest

Nov 10, 2009 7:18PM

I haven't followed this closely. Other than not having a case, what did the prosecution do that was so bad?

Entry: Welcome To The Post-Recession World, Europe (Sorry, England, You're Not Invited)

posted by InfiniteGuest

Nov 13, 2009 7:45PM

@6 apparently Greg needed to devote more time to his family. Google Jon.

Entry: Don't Drink The Water: The Corruption Index

posted by InfiniteGuest

Nov 19, 2009 2:30PM

@36 I disagree on both points.

A "corrupt" yet stable regime is more efficient and cheaper to work with, especially on long-term, large-scale projects that need financing. Political instability adds cost, just as an open and transparent process (with its attendant bureaucracy) adds cost.

AHFM benefits from floating his ideas here without having to own them.