dinner
Adding yet another level to Buffett-mania, dinner at his childhood home will be auctioned off for charity starting at $6,000. The catch: Warren Buffett won’t actually be there. But he’ll tape a personal video for the dinner party, assuredly complete with plenty of Aw-Shucks memories of growing up in the very home! The guests will also get a personally autographed photo of Buffett in front of the home…As is customary for the hometown loving Buffett, the dinner, for up to 10 guests, will feature Nebraska pride, including Omaha Steaks filet mignons and wine from Spirit World…The bidding for the dinner-sans-Buffett will begin at 7 p.m. ET today. It will remain open until April 20. [WSJ]
Bloomberg: Jon Corzine Chose Not To Get Drunk And Unload His Problems On A Group Of Unsuspecting Bankers Night Before Q3 Results Came Out
By Bess Levin
But you can imagine what it would’ve been like if he had, right? [Slurring] “We’re sooo preggo with Euro debt it’s not even funny. Might have to use client funds for collateral. I’m serious.” [Spills wine on guy to his right, attempts to wipe it up before having hand shoved away.] Read more »
The short version: suck it. The longer version: Read more »
One Democratic financier invited to this month’s dinner, who asked for anonymity because he did not want to anger the White House, said it was ironic that the same president who once criticized bankers as “fat cats” would now invite them to dine at Daniel, where the six-course tasting menu runs to $195 a person. The donor declined the invitation. [NYT, earlier]
From: [redacted at Morgan Stanley]
To: [his colleagues]
Subject: FOODSomeone stole my dinner on Friday night…I’m not happy. I just want everyone to know that everyone is a suspect.
From a friend of DB:
“Bess– [Redacted] was seated next to me at [Manhattan restaurant] last night. I figured given the shitstorm Wall Street’s been through the last couple years he’d keep shop talk to a minimum. But, he didn’t hold back; I wasn’t making an effort to eavesdrop, but he’s not exactly the softest speaking gent in town and the tables are way too damn close. Anyway, his four main points I picked up:
UBS lost a lot of money over the last few years. Some might call it as metric-ass tons of money, others will say shit-tons. Whatever, the point is, it was a lot. A whole lot. The Swiss bank has recently begun a PR offensive that involves the message “it will not rest” until it regains its rightful place as the most majestic bank in all the land but do they have an actual plan re: how they’re gonna make the back? It appears they do. Read more »
As you may have heard, Albany is currently debating whether or not to lay a $50 million tax upon the asses of certain hedge fund managers. Though nothing is set it stone yet, said managers are none too pleased with the proposal and have aired their grievances in public. Sensing friction on the home-front, Connecticut Governor Jodi Rell has jumped all over the situation. Earlier this month she conveyed, in her own words, a “simple yet heartfelt message” (which was “Connecticut welcomes you”) and now she’s hoping to win the boys over with raw meat, having invited Timothy Selby, president of the New York Hedge Fund Roundtable, and all of his friends, to an “intimate” steak dinner. Read more »
- Use the Bloomberg command
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You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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