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Entry: Insider Rumors: Citi Terms In Detail

posted by MoneyBoss

Nov 25, 2008 2:10PM

So...

A) The Fed wanted to do this at a punitive rate to discourage everyone else making a phone call

B) The Fed doesn't trust C

C) The Fed hates having to pay in Rupees and charged extra for the conversion rate

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Entry: Vikram Pandit's Got "One More Screw Up" Left. What Will It Be?

posted by MoneyBoss

Nov 25, 2008 2:15PM

So wait, what did Pandit bring to the table to Citi?

- Sold POS Old Lane to C
- Put over $216M into his pocket personally
- Oversaw a price drop from $33.23 to $3.05

Note to companies: You're supposed to outsource IT to India, not Management.

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Entry: Vikram Pandit's Got "One More Screw Up" Left. What Will It Be?

posted by MoneyBoss

Nov 25, 2008 2:24PM

@22 - I don't disagree, but he simply hasn't brought anything to the table as CEO. He has yet to do a single positive thing for C.

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Entry: Vikram Pandit's Got "One More Screw Up" Left. What Will It Be?

posted by MoneyBoss

Nov 25, 2008 2:53PM

@36 - Brandy is the biggest example of wideclops in history. Well, except for you-know-who.

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Entry: Citi: Firing Pandit Would Put The Global Financial System At Risk

posted by MoneyBoss

Apr 24, 2009 10:39AM

What they mean is that the Indians that run all of Citi will riot. It is a bad enough thing to outsource your IT to India, a far worse thing to outsource your executive management to India.

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Entry: Casting The Wall Street Sequel

posted by MoneyBoss

Apr 29, 2009 9:49AM

Tom Cruise as Gekko
Dakota Fanning as Seth Davis

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Entry: "This Is Not A Court Of Feng Shui"

posted by MoneyBoss

May 13, 2009 11:05AM

Yoko with pigtails. Puke.

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Entry: Any Chance You'll Accept Payment In Toxic Paper?

posted by MoneyBoss

May 15, 2009 12:39PM

This is why I don't marry shrill japanese women

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Entry: The Trouble With Dubai

posted by MoneyBoss

May 19, 2009 3:50PM

@15, I thought the King of Popping Children's Buttholes was in Bahrain, not Dubai.

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Entry: Laura Pendergest-Holt In Danger Of Not Flying Free

posted by MoneyBoss

May 21, 2009 9:18AM

Definitely do her. Yum.

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Entry: Citi Center Landlord Enhancing Building's Prestige By Not Having Word "Citi" Anywhere Near It

posted by MoneyBoss

May 29, 2009 10:29AM

Uh, it *IS* a lego building.

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Entry: Online Gambling: Your Supplemental Income?

posted by MoneyBoss

Jun 01, 2009 4:00PM

Poker got a lot harder with all the out of work quants and all the dead money being broke. I've moved onto more fertile pastures.

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Entry: Online Gambling: Your Supplemental Income?

posted by MoneyBoss

Jun 01, 2009 5:42PM

@11 Sadly, the Wynn changed policies, so I can't show up in a tux like the Duke of Fremont and buy into $1-$3NL for $100,000 to impress the ladies.

I just tell women that I am employed and not in finance. Goes over like balls marie.

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Entry: We've Rallied Over 40%- So Now What?

posted by MoneyBoss

Jun 01, 2009 6:11PM

We're +40% but we're still at 68.8% of the 52-week high. +40% is more of a sign of how absurdly low shit tanked and less of a sign of actual growth.

You want growth, show me DOW 12000.

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Entry: Online Gambling: Your Supplemental Income?

posted by MoneyBoss

Jun 02, 2009 9:48AM

@16 Yes.

$1-$3NL is now $500 max buyin, also they play with $5 chips because people couldn't multiply by $3 chips very well. (Seriously, I'm not making this up.)

$2-$5NL is now $1,500 max buyin.

No other max buyins at any other NL games, though.

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Entry: Online Gambling: Your Supplemental Income?

posted by MoneyBoss

Jun 02, 2009 9:51AM

@19 Remember that "playing perfectly" basically means "Always going for a Royal Flush" in most video poker worlds. This often means breaking up some better hands in order to go for those longshots. This is why it can still be profitable even if the game, if played perfectly, is +EV.

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Entry: Sichuan Tengzhong Heavy Industrial Lucky Recipient Of Whole Lotta Hummers

posted by MoneyBoss

Jun 02, 2009 1:51PM

I'll have a #3 with some Egg Foo Young and Power Windows, please.

I SAID A NUMBER THREE
WITH SOME EGG FOO YOUNG
POWER WINDOWS

PLEASE REPEAT MY ORDER

WHAT DID YOU SAY? I CAN'T UNDERSTAND YOU?

Okay, pay by credit, please. $55,000? Can I put that on AmEx? Thanks!

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Entry: News You Can Use: Gold Now Coke Dealers' Preferred Form Of Payment

posted by MoneyBoss

Jun 02, 2009 1:52PM

What's a "Dominican Republican"? Is that like 2009 Big Papi, full of smiles, but batting .195?

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Entry: Capt. Sully Probably Saved AIG Millions

posted by MoneyBoss

Jun 12, 2009 2:03PM

Does this mean I can get PTSD Therapy free of charge from AIG for having been a shareholder?

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Entry: Where In The World Is Ruth Madoff?

posted by MoneyBoss

Jul 06, 2009 11:23AM

I heard a rumor she's trying out for next season's "The Cougar".