• party


    Business School Better Use Of Your Time, Money, Liver Than CFA Camp: Study

    If your life goals include becoming a managing director. If they don’t, go ahead, pack your bags for Camp CFA.

    / Mar 16, 2015 at 7:16 PM
  • lululemonpants


    Is Lululemon CEO’s Lack of Muscle Tone Good Or Bad For Shareholder Value: Investors Debate

    In Camp A you have investors who are horrified by new chief executive officer Laurent Potdevin’s appearance. They want him to go into hiding and not come out until he’s gotten his body fat down to 5%. Currently, the thought of him in a pair of Wunder Unders literally makes them shudder. …some investors who […]

    / Apr 22, 2014 at 4:43 PM
  • He's Jamie Dimon! He's got a bank! It's big! Work with me here.


    The Too Big To Fail Subsidy Is Negative Sixteen Billion Dollars, Or Possibly Some Other Number

    The story so far is that a few days ago Bloomberg View claimed that the ten biggest U.S. banks got an annual subsidy of $83 billion from being too big to fail. That claim seemed silly to me, and I said so, and this weekend Bloomberg responded to that post saying, and I quote, “we […]

    / Feb 26, 2013 at 2:21 PM
  • News

    Former Mayor Still Has His Finger On the Pulse Of New York, And If It Were Up To Him He’d Give The City What It Wants On Sunday: A God Damn Party

    As you may have heard, things are not going so well for New York City* of late. Lower Manhattan and parts of Brooklyn have been without power for days. A hundred or so houses that once stood in Queens are now rubble. Staten Island has been destroyed. Those living uptown and in other areas that emerged relatively unscathed are dealing with survivor’s guilt. In spite of all that, Mayor Bloomberg has declared that the Marathon, scheduled for Sunday will go on, a decision that has been met with considerable outrage by people who believe the considerable resources that go toward putting on the race should be put to more critical use elsewhere, that the city does not need the strain of putting up an additional 40,000 people, that the supposed economic benefit would be a drop in the bucket of what NYC needs, that the generators sitting in Central Park right now could be helping those sitting in darkness, and that considering dead bodies are still being pulled of the water, it’s generally “too soon.” One guy who’d beg to differ? Ed Koch. Twenty-five years out of his mayorship, he still gets these people and while the media would have you believe holding the marathon has caused an enormously heated debate, that’s bull. New Yorkers want this and if Koch were still King? He’d be throwing a god damn parade come Sunday.

    “I’m telling you — and I think I’ve got pretty good judgment in this matter —that the people of New York City want the marathon to be run, and I applaud what the mayor is doing,” Koch told CNBC. “I think the media is creating a fuss that doesn’t exist, and that the people of New York City want this marathon,” he said on “Fast Money.” “If I were mayor, I would be doing exactly the same thing.” Koch, who served as mayor from 1978 to 1989, said that he faced the same decision when the city was near bankruptcy and still threw a ticker-tape parade for the Yankees following their World Series win. The parade came despite opposition from the media. “I said, ‘New York Times, you have your head screwed on wrong.’ What the people of New York City need is a celebration, something that will lift their spirits, and there’s nothing comparable to the marathon with respects to lifting the spirits of this city,” he said.

    NYC Marathon Must Go On, Ex-Mayor Koch Says [CNBC]

    *And the East Coast in general, Haiti, Jamaica and Cuba.

    / Nov 2, 2012 at 3:21 PM
  • News

    An Above the Law/Dealbreaker Debate: Insider Trading Sentencing

    You might think that Dealbreaker HQ exists only metaphorically in virtual space, or maybe in the fan fiction you’re hiding in your desk, but in fact Bess and I share a real physical garrett both with our sibling sites Fashionista and Above the Law. Occasionally we even talk to each other. “Talk,” in this context, […]

    / Sep 26, 2011 at 6:35 PM
  • News

    Blankfein Apparently Unaware That Ladies (Gentlemen, Small Children And Puppies) Love Lloyd

    As evidenced by an absurd debate he had last night at Chelsea Piers.

    / Jun 29, 2011 at 3:21 PM
  • News

    Colossal Cupcake Gets The Better Of Citi Trader

    On several occasions around these parts, we’ve had discussions about what constitutes a worthy food eating challenge. And, more to the point, what constitutes a food eating challenge worth covering. To understand our position, one must know the history of our writing about The Food Eating Challenge (FEC), which began with a trader named Ian […]

    / Jun 24, 2011 at 2:33 PM
  • News

    This Is A Conversation Among Credit Suisse Employees Debating Loaning A Stripper $1 Million

    “This is really asking for a second opinion.”

    / May 6, 2011 at 8:32 AM
  • News

    Point: Guy In Charge Of Merrill Lynch’s Risk Department Knew “Next To Nothing About Risk Management”

    Counterpoint: Merrill Lynch “enhanced risk management before crisis.”

    / Oct 29, 2010 at 3:37 PM

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