Is there some sort of rules that says if you cut earnings you must tell people why? If so MDubs is changing them a little bit. She’ll slash and let you know her thinking when she gets around to it, maybe. Why? Because she’s the Dollar Dom and she can do WHATEVER SHE WANTS! Continue reading »
Dollar Dominatrix
Meredith Whitney Slashes Morgan Stanley Earnings Estimate, Doesn’t Feel The Need To Explain Herself
By Bess LevinMeredith Whitney Dressed Up As Paris Hilton For The Company Halloween Party This Afternoon
By Bess LevinFirst, though, a story.
One of the common refrains you hear from the critics of Wall Street is that financial services employees don’t build anything or make anything. To them, it means you don’t do anything for society. We know that’s not true but because one can’t reach out and touch your product, they like to say you earn a living by moving money around without ever creating anything real. The same can be said for my line of work. What do I do? I put words out there but it’s not like you can hold them in your hands or see someone walking down the street carrying them. And on some days, you start to wonder if the haters are right. You start to reevaluate. You question things. You wonder if you should quit and become a bricklayer or a shepherd.
Then a moment comes along, like one did today. Wherein you read a story about an employee of a noted analyst dressing up as the alter ego you conceived for her a couple years back on a lark and then proceeded to fill out, giving her all kinds of storylines and accoutrements like a spreader and truss bar and testicle clamps, which you suggested she used on the heads of various banks and it all becomes clear– you can see it before your very eyes– your undeniable impact on the world. Continue reading »
Late last week, Bloomberg Markets profiled AQR founder Cliff Asness, who has continued his boyhood “obsession” with comic books and their characters into adulthood. His desk in Greenwich is home to Spiderman, Captain America, The Hulk and Iron Man, he has a Captain America shield on his right bicep and he “identifies with” many a super hero. In sum, Asness fancies himself one of them and to that end, is clearly dying for someone to make a character modeled after him. A very talented DB reader (and fellow hedge fund quant) did just that. As we were discussing possible sidekicks and a love interest for Quant Man, however, we realized there was a problem that needed rectifying. Before we can continue with Cliff, who is the one person who truly deserves her own action figure? Continue reading »
The Dollar Dominatrix turns the big 4-0 today. Apparently there’s going to be a big bash at the MDubs Advisory Group later today set to include—spoiler alert– a Vikram-shaped piñata. In the meantime, let’s put our heads together and come up with a gift from DB. What do you get for the Dom who has everything? If you were going to say cat o’ nine tails, that’s out– Lloyd’s already called dibs.