Dealbreaker

Entry: Their Contributions Will Not Go Unacknowledged!

Jun 11, 2008 2:20PM

Vai Sikahema was a receiver for the Eagles.

Alan Greenspan for sure, just like Bill Clinton, in the right spot at the right time, with no deep understanding of what is going on. Although his is more attributed to being old and forgetful, not semi-old with a permanent hard-on.

Entry: Layoffs Watch '08: BoA

posted by Judson_Clark

Jun 12, 2008 11:07AM

Bonuses? Please. Let's face it, revenue has not been down that much over the past year, maybe 15-20%, tops. That is how far bonuses will be down.

Wall Street may be backward looking, but these layoffs are indicative of the future. 2008 bonuses won't be "that bad", but 2009, well... that could hurt.

Entry: Layoffs Watch '08: BoA

posted by Judson_Clark

Jun 12, 2008 11:26AM

@11:15 get your head out of your ass. Just because balance sheets are off, one bank failed, and another is being run from "eh, it's possibly BB" to "eh, it's crap", doesn't make the market. IBD bonuses = tied to IBD revenue streams. IBD revenue streams aren't down as much as people would have you believe. Do your research, asshole.

Plus, JPM has already taken care of the Bear layoffs, so the market has already corrected itself for that.

Plus I've got it confirmed that analysts laid off in a decent MM shop with a brand name got paid $55 in a bonus for first year analysts.

Entry: Layoffs Watch '08: BoA

posted by Judson_Clark

Jun 12, 2008 12:16PM

@ 11:49 - Reread my first post. The layoffs are because they overhired in 2007, 2008 was not nearly as good as expected, and they expect 2009 to be worse than 2008. That's why people are getting the axe.

Entry: Bonus Watch '08: JPMorgan London

posted by Judson_Clark

Jun 19, 2008 10:36AM

I find it hard to believe an analyst that remains at JPM after the Bear hires (well, I guess this is London) would make about 30-35% in a bonus of what they did last year. This would be the widest range of bonuses in a long, long time. Call me skeptical - these look just as fishy as the original sheet dealbreaker posted. Get a clue, clowns.

Entry: Bonus Watch '08: JPMorgan London

posted by Judson_Clark

Jun 19, 2008 11:04AM

Yeah, but I can still wear a three-piece suit to work. High.

Entry: Wachovia Adds Element Of Surprise To Layoffs

posted by Judson_Clark

Jun 19, 2008 4:08PM

That is utter bullsh*t. I was laid off by Wachovia back in December for the AGE acquisition, and all we got was 3 months salary!

Entry: Merrill Slashes Outlook For Banks, Market Slashes Merrill With Write-Down Rumors

posted by Judson_Clark

Jun 20, 2008 12:46PM

Hook 'em Horns!!!!