So, with all the talk swirling around of banks perhaps ‘holding back’ a bit on their daily LIBOR fixing submissions, what do you guys think this holds for the fixed income/broader market? Undercutting by 20bps? 50?
-mrp
mrpink's Profile
Posts
Bear Stearns Items For Sale
Posted by mrpink, Mar 21, 2008, 3:00pm
This appeared in my inbox this am:
http://cgi.ebay.com/Bear-Stearns-Cafeteria-Card_W0QQitemZ280209757288QQi
One (1) Bear Stearns Cafeteria Card for sale. No longer needed unfortunately. Especially useful for stir fry and build-your-own-burger Thursdays.
GFIG
Posted by mrpink, Mar 17, 2008, 12:56pm
Anyone know anything? It just got smacked. My reuters/bbg is down.
-mrp
An Ode To Tanner
Posted by mrpink, Mar 13, 2008, 12:35pm
[img]http://www.acorncharities.org/photogallery/bike/02.jpg[/img]
The Firing Ball
Posted by mrpink, Mar 05, 2008, 5:09pm
So ladies & gents - I place a 90% probability of me getting fired tomorrow (Thursday). Who’s up for going out and grabbing some drinks and molesting Slimjim? Ogling over Tanner?
-mrp
Wow….
Posted by mrpink, Feb 15, 2008, 12:25pm
Oh now THIS is cool… So, who wants to meet up for drinks after market close?
-mrp
Comments
Entry: Should Jon Corzine Take Over Bank Of America?
posted by mrpink
Nov 04, 2009 5:51PM
Sign me up for PBR!
-mrp
Entry: Alleged Insider Trader Emanuel Goffer "Needs A Hug"
posted by mrpink
Nov 05, 2009 12:15PM
Wow. This beats Tanner.
-mrp
Entry: Reuters: Choo Beng Lee Was Insider Trading While Working At SAC Capital
posted by mrpink
Nov 05, 2009 3:06PM
diz is not good.
Entry: MARK YOUR CALENDARS: Charlie Gasparino To Discuss Book In Natural Habitat
posted by mrpink
Nov 06, 2009 12:03PM
He looks so regal in that pic.
Entry: Not Guilty!
posted by mrpink
Nov 10, 2009 4:46PM
It is finally a day in which I can celebrate!
FREE(D) CIOFFI!!!!! HAHAHHAHAHAHHAHAHHAHAHHA SUCK IT DOJ. SUCK IT!
-mrp
*popping a bottle of bubbly now because the Cioffi is Back. In. Da. Game. yessssss!
Entry: Opening Bell: 11.11.09
posted by mrpink
Nov 11, 2009 1:58PM
Wait. Goldman doesn't have someone running AIG too?
(not a GS hater)
-mrp
Entry: Who Should Take Over For Benmosche?
posted by mrpink
Nov 11, 2009 2:40PM
Jimmy Cayne. AIG doesn't require hands on management. Win-Win all around, Cayne gets to smoke, AIG gets to continue burning.
-mrp
Entry: Who Should Take Over For Benmosche?
posted by mrpink
Nov 11, 2009 2:44PM
@18... I think the dog's name was Snowflake... But you got me thinking.. Who was that Lehman dog? Bella?
Bella for CEO!
-mrp
Entry: Who Should Take Over For Benmosche?
posted by mrpink
Nov 11, 2009 2:59PM
@22-
Oh damn. Alright, I need to keep up. My bad. Snowflake it is.
-mrp
Entry: The Week In Hedge Fund Fraud
posted by mrpink
Nov 11, 2009 5:23PM
Cioffi looks so regal in that pic.
-mrp
Entry: Who Should Take Over For Benmosche?
posted by mrpink
Nov 11, 2009 6:17PM
Snowflake/Snowball/Hairball/Roach Clip
My bad.
-mr[
Entry: Who Should Take Over For Benmosche?
posted by mrpink
Nov 11, 2009 6:18PM
Snowflake/Snowball/Hairball/Roach Clip
My bad.
-mrp
Entry: Key Madoff Accomplices Charged (Take A Deep Breath, Mark and Andy, It Isn't You)
posted by mrpink
Nov 13, 2009 11:58AM
@3-
Bear used an AS/400 in Equities.. Hmm.
-mrp
Entry: Did Charlie Gasparino Bring Wall Street To The Brink?
posted by mrpink
Nov 13, 2009 12:11PM
@TC / 45-
Tax Chick, I agree 100%. 45 I definitely agree that if the average American can't balance their checkbooks, then yes they should be socked with a fee.
That being said, there is a small problem that perhaps was contained to a relatively small number of banks, one namely the predecessor to BoA (NationsBank): rearranging transactions that would have not normally overdrawn the account and tipping it into OD status, then posting the deposit and sucking the fee from it.
I have not read the proposed bill yet, so I can't fully offer a coherent opinion either way, but that was just one thing that came to mind.
-mrp
Entry: Did Charlie Gasparino Bring Wall Street To The Brink?
posted by mrpink
Nov 13, 2009 1:55PM
@ 51:
Resorting to ad-hominem attacks to prove your point does not help your cause. If you read carefully, I did imply that it DOES go both ways, especially with the re-arranging of deposits/withdrawals. I agree that is WRONG. However, there are many more examples of banks who employ FIFO style processing (first in, first out) on accounts and then if the customer o/d's it's simply THEIR fault and they deserve the fee (if they cannot manage their finances in a way or opt-in to insurance).
Now, for a small lesson in Reading Comprehension: "That being said, there is a small problem". It was in the 2nd paragraph. That's where I implied that yes, there are banks who are bending the rules in an effort to "dick customers out of cash" and I actually did AGREE that it was a practice that should be stopped.
Have a nice Friday, remember to balance your checkbook.
-mrp
Entry: Did Charlie Gasparino Bring Wall Street To The Brink?
posted by mrpink
Nov 13, 2009 2:29PM
@ Anal_yst/Tax Chick-
Been dinged a couple times that way with drinks too. Cash is, indeed king in those situations (where using a CC can be avoided).
"Only 5 drinks... ends up being 50"
-mrp
Entry: RBS Has A New Revenue Generating Plan (And It Involves Schnapps, Karaoke, And Maybe Lap Dances)
posted by mrpink
Nov 13, 2009 2:33PM
@13: Elf Dancing/Bowling and daily lunch meetings at Rawhide on 8th Ave.
-mrp
Entry: Cleave Wars: Bloomberg Goes Public With New Strategy To Corner Business TV Market
posted by mrpink
Nov 13, 2009 3:57PM
A challenger to the Druries AND the C-C's:
http://www.flashyourrack.com/flash.cgi?user=businessrack
WARNING: NSFW.
-mrp
Entry: Cleave Wars: Bloomberg Goes Public With New Strategy To Corner Business TV Market
posted by mrpink
Nov 13, 2009 4:02PM
@ Anal_yst:
Heeheheheh... Two words: mobile device :-)
-mrp
Entry: John Paulson Once Had Self-Doubts
posted by mrpink
Nov 03, 2009 4:39PM
I bet that Paulson chap chain smoked Virginia Slims Ultralight 100's. Strap on some balls and smoke the unfiltered Lucky Strikes.
-J. Simons