Back in August, we learned that bond guru Jeffery Gundlach was “preparing a possible bid” for the Buffalo Bills, his hometown team. When yesterday it was reported that the organization had reached an agreement with Sabres owners Terry and Kim Pegula who offered $1.4 billion to become the new owners, we wondered how Gundlach would take the news. After all, this is a man known for getting what he wants, be it his art back from the crooks who stole it, for people to address him as the Pope, the satisfaction of throwing a party specifically designed to tell his former employer to suck it, or a vintage edition copy of Ass Traffic Vol. 49. To that end, he has never bit his tongue when commenting on a situation in which he felt he was done dirty or that others were in the wrong. So it was surprising to read the statement he released today, in which he sounded curiously upbeat about losing out on the team. Read more »
As many of you likely know, most reporters are assigned to a beat– one subject to cover for their respective publication, from which they rarely stray. Bond reporters report about bonds, Fed reporters write about the Fed, private equity reporters write stories about private equity. Some people are generalists, but even your average generalist covering “Wall Street” will generally not cover things like medical malpractice or the Middle East because, you know, those things do not actually fall under the category of, “Wall Street.” As you may also know, Charles Gasparino is not your average reporter, and is not bound by the traditional definition of “Wall Street,” which would explain his most recent investigative piece. Read more »
The Columbia University marching band has been banned from performing at Saturday’s home finale against Brown, after poking fun at the Lions’ losing ways following a 62-41 defeat last weekend at Cornell. After every game, win or lose, the Columbia band plays the school fight song, “Roar, Lion, Roar.” But last Saturday, the band altered the lyrics to highlight the team’s recent struggles — the Lions are 0-9 this season. The altered verse began with the lyrics, “We always lose, lose, lose; by a lot, and sometimes by a little,” according to an article in the Columbia Spectator, the school’s student newspaper. “Our football players, coaches, alumni, parents are extremely hurt, disappointed and angry by the band’s behavior at Cornell,” Columbia athletic director Dr. M. Dianne Murphy said. [ESPN, related]
Penn State Alums/Merrill Lynch Wealth Managers “Struggle” To Understand Why This Had To Happen To ThemBy Bess Levin
Two weeks back, former Penn State defensive coordinator Jerry Sandusky was charged with 40 counts of sexual abuse perpetrated against young boys, including an alleged incident in which Sandusky raped a 10 year-old in the shower. Since then, even more victims have come forward, and it’s been difficult to imagine how they’re coping, particularly when Sandusky will only admit to “enjoying” young people, with whom he claims he has only ever touched on the leg (though not with sexual intent), hugged, showered and just generally “horsed around.” Beyond the actual victims, which is to say, the people who were touched in highly inappropriate ways by a man 40 and 50 years their senior who was often times naked when doing so, we’ve also heard about the aftermath struggles of others affected (in their minds) by the alleged crimes, such as Joe Paterno, the PSU undergrads for whom getting drunk and watching sports on a Saturday has been ruined!!! and the school store, where merchandising sales have taken a hit.
And yet there is another group of people who, in the last couple weeks, have been overlooked. People who’ve had their entire worlds turned upside down. People for whom we should consider saying a prayer. Naturally, we speak of the legion of Merrill Lynch brokers who graduated from Penn State in the last several decades. How are they holding up? Barely hanging on by a thread here, is how. Read more »
I have a serious question for all of you. I am a rather large man (both in stature and in the pants.) I played D1 football as an offensive lineman. I am currently 6’1, 250lbs. However, I am very lean and at around max 10% body fat. I worry that my overly muscular stature will not bode well with company culture. After leaving an interview, I was told that I have a “vice grip” for a handshake (I received and accepted their offer.) Not to sound conceited, but I have honestly never come across anyone even close to the size I am at the office, or even walking around down town. I was being silly before about the penis size comment, but I am an attractive guy and present myself well. I don’t look even remotely out of shape or fat (some of the shorter muscular guys can look like that in a dress shirt.)
This a clumsily worded post but I suppose my main question is if anyone has witnessed any type of discrimination towards large, muscular guys at the office. Is this something I should be concerned about? I suppose I could loose 10lbs of muscle or so (I’d truly rather not) if it would help me fit in. Any advice or comments are greatly appreciated.
Steve Cohen To Make Sure TriState Area Superbowl Will Cause All Other Super Bowls To Bow Down Before It In AweBy Bess Levin
Yes, Super Bowl XLVIII is a long way off. Yes, it’s hard to get jazzed about a game for which we have no idea who will be playing. Yes, you might actually freeze your ass off. While all of those things may be true, yesterday brought news that should have you salivating for 2014. Because yesterday, we found out that that SB? Stands to be the best one ever, based on a host committee that includes (among others such as Goldman Sachs, JPMorgan, Citi, BlackRock and Paul Tudor Jones): SAC Capital. While the official list cites SAC president Tom “Silver Fox” Conheeney as its point man on the project, make no mistake that Steve Cohen will be heavily involved, no doubt going above and beyond the responsibilities of a typical host. Obviously, Cohen has a lot on the line here, given that his venerable initials are on the thing. Therefore, in an effort to make sure SAC isn’t associated with a sack-freezing joke, he’ll be taking the following steps to ensure the game is a smash hit. Read more »