Greece

The Third Point manager has endorsed Wilson for Comptroller, who Loeb says is New York’s only hope against riots in the streets. Alternatively, if that’s what you want, DiNapoli’s your man.

Dear Friends,

I have chosen only one candidate to bring to your attention, that is Harry Wilson for Comptroller of NY State. He has recently tied incumbent Democratic candidate Thomas DiNapoli in the polls. For those of you who are Democrats, this is not a matter of party politics but literally one of whether we want New York the go the way of Greece and go bankrupt because, trust me, that is the course we are headed towards without sound fiscal leadership.

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When one is a best-selling author of many popular books and can work at his leisure, he is afforded the time to marinade on things that tick him off. Whereas others must let life’s annoyances roll off their backs rather than spending hours on end working themselves into a lather over, say, the guy who cut them off in the parking lot this morning, the barista who put too much foam in his vanilla bullshit latte cappa thing or the thieving investment bank downtown, this person has the inclination and the free afternoons to think about the stuff that’s pissing him off. Today we find out that a couple of things have been sticking in Michael Lewis’s craw. First, off there’s the leeches at Goldman Sachs. Sayeth Mike:

“The world would be better off without Goldman Sachs, and I don’t think it is just Goldman Sachs the world would better off without. If you waved a wand and wiped out Goldman Sachs, someone would step in and occupy that place. I think the world would be better off without the idea that Goldman Sachs embodies, which is that financial manipulation is a legitimate way to get really rich. If you look at the story of Goldman Sachs in the last six or seven years, you’ll see that they made an awful lot of money getting people to do stuff that never should have been done.”

Bothersome, really bothersome, yes, but not something he’ll have to worry about much longer, as the Oracle predicted back in June that Goldman is doomed and it’s only a matter of time before they shutter that dump. What has really been riling Lewis is a little thing in Greece called the Acropolis and its utter mismanagement. So poorly is it run that Lewis knows of a former businessman-cum-writer who could do a better job with the place if someone thought to ask. Continue reading »

As previously mentioned, against all odds, Zoe Cruz has officially started her own firm. They said she could no longer hustle, that people would be turned off by certain unfortunate “stuff” that occurred on her watch at Morgan Stanley but surprise! In the last nine months, the Missile raised $200 million for Voras Capital Management, which is the name of “a mountainous area near the town in Greece Cruz was born,” and is comprised of two separate funds (one, a credit opportunities fund run by former MS exec Ellen Brunsberg, the other a global macro fund run by the lady of the hour). How has the investing community taken to the news? Continue reading »

Say what you will about Greece, and I’m sure many of you bitches already have, but next time you wanna make some crack about them being forced to turn tricks on the steps of the Parthenon, I’d just like you to consider one thing– that Prime Minister George Papandreou has got the skills to whoop your ass. Alternatively, if you show him and his country some respect, he’ll show you the best night of your life. Continue reading »

He added that he’s just messing, “of course,” but seriously, think about it. Dare to dream. We can do this. And then together, we will dance. Continue reading »

PS, buy bank stocks. Continue reading »

Tonight, Jim Chanos is being named the Hellenic American Bankers Association 2010 Executive of the Year. Baby steps!