diablo's Profile
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Entry: Citi Finding Innovative Ways To Further Demoralize Employees
posted by diablo
May 06, 2008 11:21AM
A very large enterprise can become too large not to fail. This one is exhibiting all the signs of immobility in the face of needing rapid change, but that is to be expected because of its size, its culture and its bad financial shape it's in. It needs to split up, "unlock" its value.
In the meantime:
The beatings will continue until morale improves.
Entry: Is Bond Insurance Magical?
posted by diablo
May 06, 2008 4:58PM
Regarding retail investors, keep in mind that during this decade hedge funds are really messing up with the muni bond market big time, and there's no insurance against that. That means retail investors will need to get a little more involved and trade more. Even today many muni bonds are underpriced.
The real issue with muni bonds is their ratings without insurance. That fight is on.
Entry: The Economist Wins Hip Hop Fans
And Smarty Pants English Types Approve
posted by diablo
May 06, 2008 5:47PM
guest @5:29 PM
Why Vanity Fair?
Really, compare The Economist against Newsweek or TIME. There's no contest there.
Entry: Opening Bell: 5.7.08
posted by diablo
May 07, 2008 8:29AM
Last time I heard the Goldman guys were long on crude, so whatever the Goldman guy says. They've been right before. If you can spend $1,000 a month for heating during winter, I guess it's all OK. (If you do, consider your next SUV should be armored).
But no doubt this will continue to fuel inflation, no matter what the "core" inflation number says. Lots of money to be made here. Get to work.
Entry: Opening Bell: 5.7.08
posted by diablo
May 07, 2008 9:10AM
Bess should pick up on this story. Already bizarre, but worth some Bess magical embellishment.
http://dealbook.blogs.nytimes.com/2008/05/07/a-feud-in-the-bear-stearns-family/
Entry: Bernanke Ups The Bailout Ante
posted by diablo
May 07, 2008 11:08AM
товарищ Bernanke held out hope that the housing crisis was all contained not so long ago. I guess he was looking at the wrong charts then. Naughty, naughty!
Entry: Citi Never Sleeps: The Ad Campaign
posted by diablo
May 07, 2008 3:18PM
They took the video down, that was fast.
Entry: Citi Absolutely Not Kidding Around Anymore
posted by diablo
May 07, 2008 3:56PM
guest@3:53
Timmy? Is that you?
Entry: Citi Absolutely Not Kidding Around Anymore
posted by diablo
May 07, 2008 5:23PM
With so many guests posting here, DB has now become the new benchmark for sockpuppetry. I swear I read Timmy above but it was just another "guest", yeah right.
Carney, get the IT kid to give us a clue of who these guests are as long as they refuse to take on an id.
Entry: Hipster Would Prefer To Live In Veritable Hellhole Than Next To YOU
posted by diablo
May 08, 2008 2:40PM
"Girl" has never heard this?
Good night, sleep tight,
Don’t let the bedbugs bite.
Where did she grow up?
Entry: Hipster Would Prefer To Live In Veritable Hellhole Than Next To YOU
posted by diablo
May 08, 2008 4:22PM
Everglades mosquitos are deadly, large and powerful. Once got stuck in traffic between Cross Key and Key Largo. Made the mistake of getting out of the car. Rushed back inside and those pest were hitting the car windows trying to break in. They almost did.
Entry: Washington DC Goes Gaga For ABC's Money Honey
posted by diablo
May 09, 2008 3:06PM
Yeah, honey, but what does she know about money? Erin knows money, and loves it too.
Entry: Bear Employee Surprisingly Upset With Layoff Proceedings At Bear
posted by diablo
May 09, 2008 3:26PM
The guest who spelled it Colombus is also clueless, or French or Belgian...
Entry: Citi Absolutely Not Kidding Around Anymore
posted by diablo
May 10, 2008 4:02PM
I didn't need a URL (Website) to get an id. I'm not sure why you say so. If in doubt, just type
http://
Otherwise Carney has to fire the IT kid.
Entry: Big Rescues Must Work Because Smart People Care!
posted by diablo
May 12, 2008 11:11AM
Carney says:
"the mortgage crisis that set off the broader credit crisis has its origins in the plans of the smart and caring to expand homeownership beyond the levels established through market processes"
Don't you think that's way too simple an explanation? If Carney doesn't know any better he needs a little more intellect.
By the way, the Morgenson column is pure bull also.
posted by diablo
May 12, 2008 6:16PM
I believe what's freaking out McCain (thanks Meaghan) is his adoration of Bush coming to bite him hard in November. No way to turn the clock back on that little detail.
Entry: What If They Held A Recession And Nobody Showed Up?
posted by diablo
May 14, 2008 10:32AM
Ask Wachovia whether housing has hit bottom already...
Entry: Too Ridiculous To Be True And Yet...Entirely Plausible
posted by diablo
May 14, 2008 1:35PM
Come on, an orange? Now, if it were a tomato I would have kicked the guy out too.
Entry: Opening Bell: 5.16.08
posted by diablo
May 16, 2008 8:05AM
On the Laptops for Children project, Joe you are right on. This is Microsoft effectively killing the project. Mr. Negroponte jumped the shark, that's how desperate he was. RIP.
Entry: Opening Bell: 5.6.08
posted by diablo
May 06, 2008 10:40AM
UBS slogan:
You & us.
New UBS slogan:
You & the few of us who remain.