Davos

  • Hedge Funds

    George Soros Is Feeling A Little Blue

    George Soros has been spotted in one of his natural habitats, a certain Swiss ski resort in late January. But have these days in Davos brought a smile to the 84-year-old’s face? The parties, the hob-nobbing, the receipt of genuflections that he lives for? Have they hell. If anything, they’ve turned him into fellow Davos […]

    / Jan 23, 2015 at 1:22 PM
  • Hedge Funds

    Will No One Heed Paul Singer’s Clarion Call?

    Paul Singer has not been shy about expressing his feelings about the Federal Reserve. In effect, the hedge-fund billionaire’s argument is that quantitative easing is the root of all evil in the world and must be stopped. Well, even though the Fed has stopped buying bonds, Paul Singer is not satisfied that he has been […]

    / Jan 22, 2015 at 1:44 PM
  • News

    Caption Contest Thursday: What’s German For “I’m Workin’ My Lats Here”?

    Workout #Davos2015 style @FoxBusiness the power to prosper! @MelissaAFrancis @Varneyco @LizClaman pic.twitter.com/D3KoXNQvWI — Charles Gasparino (@CGasparino) January 21, 2015

    / Jan 22, 2015 at 10:37 AM
  • Charlie-Gasparino-At-Work

    News

    Charlie Gasparino No Longer Wandering Streets Of Davos Muttering “Who Do I Gotta Screw Around Here For A Decent Porterhouse And Martini With A Twist”

    Discovered: the @DelFriscosLV of #Davos2015 elios right on the main drag promenade — Charles Gasparino (@CGasparino) January 20, 2015

    / Jan 20, 2015 at 3:35 PM
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    News

    It’s Going To Cost Slightly More Money To Get Hammered And Hit On Central Bankers At Davos This Year

    The World Economic Forum in the Swiss alpine resort of Davos, never a budget destination on the conference circuit, just got a whole lot more expensive. The franc jumped at least 14 percent today after the Swiss central bank decided now was the time to stop capping its value. A dollar today buys a Davos […]

    / Jan 15, 2015 at 10:57 AM
  • Reading

    The Political Science Majors Shall Inherit The Earth

    Or Wall Street, at least: So sayeth Duke poli. sci. alum David Rubenstein, who is apparently bored to tears by all of you Wharton B.S.s and math majors, what with your inability to think critically or quote Rousseau.

    / Jan 24, 2014 at 2:49 PM
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    News

    People Who Usually Don’t Go To Davos Won’t Be There This Year

    Andrew Ross Sorkin has a preliminary roster of no-shows and their excuses for sending their regrets, generally some form of “it’s a ridiculous display of ostentation and an enormous waste of time.”

    / Jan 21, 2014 at 2:01 PM
  • charlie_gasparino

    News

    Charlie Gasparino Has An Idea

    As the world’s foremost business and economics reporter, everyone expects Gasparino to attend the World Economic Forum in Davos, Switzerland. The only problem is, he doesn’t like Swiss food, he doesn’t speak German, and, most importantly, skiing is no substitute for brutalizing ones’ pecs in the weight room. For these reasons, CG is a no […]

    / Dec 3, 2013 at 4:01 PM
  • lloydblankfeinbeardreuters

    News

    Lloyd Blankfein Grows A Playoff Davos Beard

    [via Ryan McCarthy] Presumably the new scruff is being sported simply in an effort to stay warm in Switzerland but dare we say it should become a permanent thing? As you can see here it does nothing to obscure The Lloyd Face and in fact enriches it somehow?

    / Jan 25, 2013 at 12:36 PM
  • You said it, Paul, not me.

    Banks

    Bank Investors Push For Change Via Strongly Worded Poll Responses

    I feel like this exchange did not go well for Jamie Dimon: [Elliott Capital’s Paul] Singer said the unfathomable nature of banks’ public accounts made it impossible to know which were “actually risky or sound”. … Mr Singer noted that derivatives positions, in particular, were difficult for outside investors to parse and worried that banks […]

    / Jan 23, 2013 at 1:32 PM
  • News

    Uninvited Act of Nature Threatens Davos Festivities: Attendees Escape Harrowing Experience Barely Intact

    As you may have heard, last week brought the annual World Economic Forum to Davos Switzerland. Besides one very important economist attending several very important meetings, this year felt a bit dull compared to previous ones, wherein the groundwork for major deals was laid,  love-children conceived. 2012, it seemed, was the year nothing really noteworthy […]

    / Jan 30, 2012 at 8:33 PM
  • News

    Davos Wife Suggests Placing Bets On Which Attendee Is Most Likely To Knock Up A Local Now

    As you may have heard, the World Economic Forum kicks off in Switzerland this week and fresh off of last year’s report on the Bitches o’ Davos (in descending order: The Wives, The Mistresses, The Aspiring Mistresses), Anya Schiffrin (wife of Joseph Stiglitz) is back with a few tips for her fellow second-class citizens.

    / Jan 23, 2012 at 7:09 PM
  • News

    Hedge Fund Managers Less Than Thrilled With Goldman Sachs President’s Interpretation Of Who Caused The Financial Crisis, Why Banks Don’t Need Increased Regulation

    At a panel yesterday in Davos, Goldman Sachs president Gary Cohn, perhaps testing out a few new jokes he’s hoping to use at the Laugh Factory‘s open mic night next week, made several interesting statements. The first was his reason for why banks shouldn’t be subject to greater regulation. Mr. Cohn warned that greater regulation […]

    / Jan 28, 2011 at 12:30 PM
  • News

    Jamie Dimon Will Scratch The Eyes Out Of The Next Journalist To Paint All Bankers With The Same Brush

    Earlier this week in Davos, Jamie Dimon said that when his and other banks are asked to comply with ‘irrational regulation,’ the sensation feels a lot like taking it in the ass. Which is to say, he doesn’t like it. His dislike for the figurative equivalent of anal rape, however, pales in comparison to what […]

    / Jan 27, 2011 at 2:20 PM
  • News

    Breaking Down The Bitches Of Davos

    Typically, when you read reports from Davos, it’s about the Men of Davos. When you do hear about women, it’s generally a complaint that their attendance is sparse in comparison to the males. Such, however, is not the case. There are tons of women at the World Economic Forum, but we never hear about them […]

    / Jan 27, 2011 at 11:36 AM
  • News

    When Investor Marc Faber Thinks Of Obama, He Thinks Of A Prostitute

    Marc Faber, he of the Gloom, Boom & Doom report, popped over via satellite this morning for an interview with Bloomberg TV, where they asked him about the job President Obama has done so far. Faber asked if Bloomberg wanted him to be honest. Of course they did. Speak freely, they encouraged. “Well, then I […]

    / Jan 26, 2011 at 9:45 AM
  • News

    If You Need Steve Cohen, He’ll Be At The Piano Bar

    The piano bar in Davos that is, where the Big Guy is headed this week for the first time ever. Once in Switzerland he’ll do whatever it is people do during the day (talk about Ideas?) and then presumably meet up with the gang (World Economic Forum mascots Nouriel Roubini, George Soros, et al) for […]

    / Jan 21, 2011 at 1:15 PM
  • News

    Bonding Over Booze In Davos

    The Volcker Rule was at the core of many fights last week at Davos. As we wrote, bankers couldn’t agree with each other, lawmakers couldn’t agree either, but still decided to band up against bankers, blah, blah. Anyway, seems like there wasn’t a lack of booze, as we initially thought, and on the last day […]

    / Feb 2, 2010 at 11:04 AM
  • News

    Gunfight At Davos

    It’s getting ugly in Davos. As we wrote previously, everybody is mad at everybody and the booze is missing, which is not helping people’s mood. (Except for Vikram, who, as a commenter noted, looks in the CNBC interview “like he’s sitting in the Zen garden of his dreams.”) “Both the banks and the regulators think […]

    / Jan 29, 2010 at 3:43 PM
  • News

    Davos Attendees Pissed About Lack Of Free Booze

    So here’s what really’s pissing off Davos attendees. It’s not some bankers’ behind-the-door plotting. It’s not the endless convos about whether breaking up the banks is a good or a bad thing and it’s not how to help Haiti. Nope. None of those trivialities. What people are really angry about is that this year -just […]

    / Jan 28, 2010 at 2:51 PM
  • News

    Nouriel Roubini Knows Nouriel Roubini Predicted The Crisis

    To answer the question posed by a commenter today re: when will Roubini start talking in the third person, here’s Dr. Doom’s latest Facebook update: The undisputed ringer in Davos when it comes to the economy these days is Nouriel Roubini, the New York University Stern School of Business professor who these days is able […]

    / Jan 27, 2010 at 2:11 PM
  • News

    Fear And Loathing In Davos

    Everybody’s pissed off at everybody at the World Economic Forum. It’s not the love fest it used to be. Not even humanity-lover Bono is showing up this year. Here’s a roundup: Barclays President Robert Diamond would like to point out that everyone at the bank is “immensely proud” that the bank didn’t take any direct […]

    / Jan 27, 2010 at 11:47 AM
  • News

    A Modest Proposal

    As you’re more than likely aware, the World Economic Forum at Davos kicked off this week. Though Lloyd Blankfein and Jamie Dimon will sadly not be able to attend, Gary Cohn, John Mack, Vikram Pandit, Bob Diamond, Brady Dougan Brian Moynihan will all be there, in addition to Nouriel Roubini, who’s been known to add […]

    / Jan 26, 2010 at 4:27 PM
  • News

    Stop Me If You’ve Heard This One Before

    JP Morgan has “plenty of capital,” thank you very much. And if you people don’t stop talking about this nationalization thing, you are going to fuck the whole thing up for us. Someone should just rewrite Basel II, make a nice speech about it and get the hell out of our way. I mean seriously. […]

    / Jan 29, 2009 at 10:12 AM
  • News

    Soros Does Not Do Snowball Fights

    It’s Davos time, and you know what that means. Every talking head with an opinion will be spouting off their big idea(tm) of the day, their mouths forced to move at a rapid pace, opening and closing spasmicly lest an overeager reporter shove a microphone past the point that triggers the gag reflex. Soros, of […]

    / Jan 28, 2009 at 12:36 PM

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