excuses

  • mike_mayo

    News

    Mike Mayo Is Done Waiting For Everyone Around Him To Do Their Jobs

    Because he’s had some previous success putting bankers on deadlines for complying with his demands and because he has had it up to here with financial regulators and the companies they supervise, both of which have been dragging their heels since Dodd-Frank was passed, CLSA analyst Mike Mayo appeared on CNBC today to issue a message: The time for thumb twiddling is over. Move your asses, NOW, or he’ll move them for you.

    Regulators need to write new financial services rules and banks need to get back to banking, CLSA analyst Mike Mayo told CNBC’s Squawk on the Street. “It’s been two years since Dodd-Frank was passed,” Mayo said. “If you’re the regulators, get these laws written, if you’re the banks, at some point you have to play the ball where it lies. You need to get back to the business of banking.” Mayo said there should be “no more excuses.”

    Everyone understand or does he need to enunciate? Yes? Okay: play the ball where it lies, you useless cocksuckers! If it’s in the water, roll your fucking khakis up and do something useful for once in your pathetic fucking lives.

    ‘No More Excuses’ from Banks or Regulators: Analyst [CNBC]
    Related: Mike Mayo Suggests Citi Chair Dick Parsons Be Gone In A Fortnight, Or Else

    / Nov 8, 2012 at 6:10 PM
  • News

    Economist: Earthquake Came At Perfect Time For Stimulus-Loving Federal Reserve

    Apparently the recent events in Japan were just the sort of ‘excuse’ Ben Bernake, et al have been waiting for.

    / Mar 15, 2011 at 11:26 AM
  • News

    Jerome Kerviel: Charting His Trades

    Our eyes were already glazed over when we finally turned our attention to the the report released by Société Générale on the Jerome Kerviel scandal. The ocular varnish hardened to opaque as we skimmed through blather about how almost everything had gone right, everyone had done things well, and it was just a few bad […]

    / Feb 21, 2008 at 3:39 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •