Yesterday we highlighted a group of people who, despite all that has gone down, still love and appreciate Steve Cohen: the brothers of the University of Pennsylvania chapter of Zeta Beta Tau. Today, on the flip side, you’ve got this guy: Read more »
Lesson #3: Everyone loves a catchy tune.
Speaking on CNBC, Blankfein said he hasn’t read Smith’s Book, “Why I Left Goldman Sachs: A Wall Street Story,” which hit bookstores on Monday. He noted some reviewers said it wasn’t worth the hour and a half it would take to read. [Deal Journal]
“Today’s charges read like the final exam in a graduate school course in how to operate a hedge fund unlawfully,” Robert Khuzami, director of the S.E.C.’s division of enforcement, said in a statement. “Clients and market participants alike were victimized as Falcone unscrupulously used fund assets to pay his personal taxes, manipulated the market for certain bonds, favored some clients at the expense of others, and violated trading rules intended to prohibit manipulative short sales.” [Dealbook]
That’s Interesting, Because Just The Other Day, Vikram Pandit Was Telling Someone That He’d Rather Hear Alec Baldwin’s Opinions On Airplane Etiquette Than Mike Mayo’s On How To Run A BankBy Bess Levin
As those of you who keep up with the trials and travails of Wall Street’s celebrity analysts know, Citigroup has not always had the best relationships with these sensitive and highly-strung individuals. At one time or another, Meredith Whitney, Dick Bové, and Mike Mayo have all had their emotions toyed with and, particularly in the case of the men, have not responded well. Bové got drunk and sent out a mass email detailing the ways in which Citi defiled her and treated her like a cheap whore not deserving of respect and a couple years back, Mike Mayo went public with his own drama, wherein he and Vikram went from being super close in 2007 to the Citi CEO going radio-silent. FOR NO REASON. FOR TWO YEARS. Read more »
As you may have heard, today is Jon Corzine’s third day testifying in Washington about the whole MF Global thing. All morning and this afternoon have been devoted to questioning by the House Financial Services Committee, with a couple of the standard 15 minute recesses sprinkled in. In fact, there was one not too long ago. You know what Corzine uses his break time for? Grabbing a snack. Shooting the breeze. Taking a piss. Watching YouTube clips. Telling himself “You, got this, Jon,” in the bathroom mirror. You know what he doesn’t use it for? Being served with papers from some messenger boy on behalf of some jerk trying to sue him. Thinking about testing him on this? DO SO AT YOUR OWN RISK. Read more »