“This is really asking for a second opinion.” Read more »
Credit Suisse
This Is A Conversation Among Credit Suisse Employees Debating Loaning A Stripper $1 Million
By Bess Levin
So he was late on some payments, so what? So his lawyer even admits to feeling awkward arguing this case, so what? That woman is not seeing another dime! Read more »
Apparently they were unaware Swiss banks aren’t supposed to do that anymore. Read more »
What’s zero divided by four? Read more »
JPMorgan Thinks Credit Suisse Did A Pretty Poor Job Capitalizing On The Financial Crisis
By Bess LevinAs you know, there are two types of financial services organizations- those that emerged from the financial crisis as winners (John Paulson comes to mind) and those that did not (a category that would include firms like Lehman Brothers, if you want to get really judgey). Where did Credit Suisse fall? JPMorgan has some thoughts. Read more »
The Swiss are trying something new this year. It’s called four-figure bonuses if you’re lucky. Read more »
Okay, that’s not entirely fair- employees will receive some of the cash they earned in 2010 this year, some in 2012, a little in 2013, and the remainder of the payout in 2014 (all of which is subject to a clawback clause). Sound like fun? It’s the Swiss bank’s take on tantra. Read more »
Cuts at the other Swiss bank continue. Read more »
The other Swiss bank apparently did some bloodletting today and may have plans for more in the future. Read more »
Financial Services Employees Offer Words Of Wisdom, Tepid Enthusiasm For Money Never Sleeps, Night Of Love And Desktop Wallpaper
By Bess LevinIggy Ioppe. Colin Butler. Greg Hold. Three “finance powerhouses” who “play hard” for “the thrill of the game itself.” Somehow they managed to find time in their schedules to help promote Money Never Sleeps. This involves telling us their favorite Wall Street quotes, of course, but also their relationship statuses (all singles, ladies!), and market musings. (For instance, Greg, founder of Hold Brothers, appreciates that “The markets are fair. They don’t care who your daddy is.” Colin, VP of institutional trading at Caris & Co has learned that “You’ve got to come to work each morning ready to bite the ass off a bear.” Iggy, a prop trader at Credit Suisse loves the confluence of “society, economy, politics.”) There’s also this: Read more »
Groupon Files For IPO
By Bess LevinAndrew Mason wants $750 million. Read more »
Tags: Cramer- comment?, Credit Suisse, Goldman Sachs, Groupon, IPOs, Morgan Stanley