Do you party so hard you wake up looking like a dead person the next day? Has a colleague mentioned your skin tone is very similar to his uncle’s when he was diagnosed with cirrhosis of the liver? Do you get weird stares in meetings from people wondering what drain you were pulled out of? Do you look like a 37 year-old who’s had a hard life, even though you’re 22, just graduated, and this investment banking gig is the first job you’ve ever had? Do you get the distinct feeling you’ve gotten your last free pass on showing up to work smelling like cigarettes and the urinal you tripped and face planted into last night? Apparently there’s a lady who can help with all that. Read more »
Want To Show Up To Work Looking And Smelling Like An Upstanding Citizen No Matter What You Did Last Night?By Bess Levin
The following note was found in our inbox earlier this afternoon: Read more »
Last month, we learned that at some point over the summer, Richard Kimball Jr. had left Goldman Sachs. Not knowing his plans, at the time we speculated he was either starting his own hedge fund, as former bankers, particularly ones who’ve been partners at Goldman, tend to do, or designing a line for La Perla, as people whose adult pool parties and clothing-optional Halloween gatherings that enrage the neighbors also tend to do. Today, however, we were informed that we were wrong on both counts. While owning a hedge fund or designing lingerie seem like they would fall in Kimball’s wheelhouse, his new gig is actually more perfect for him than anything would could have imagined. ‘Cause when one thinks of Rick Kimball Jr, one thinks PAR-TAY ANIMAL. And when you’re a par-tay animal on the level of The Kimballer, you need to take important steps to ensure the party don’t stop. Safeguards, if you will. One reason often cited by people who’ve been engaging in some hard partying for “never doing that again” is the desire to not suffer crippling hangovers the next day. But what if Rick Kimball told you you could party like no one was watching without ever waking up to another hangover again? Would that sound like something you’d be interested in? Because what we’re saying is: Rick Kimball is currently running a hangover prevention company.* Read more »
The Volcker Rule was at the core of many fights last week at Davos. As we wrote, bankers couldn’t agree with each other, lawmakers couldn’t agree either, but still decided to band up against bankers, blah, blah.
Anyway, seems like there wasn’t a lack of booze, as we initially thought, and on the last day of the WEF conference, everybody decided to give it a rest and just find somewhat of an agreement while getting trashed. The fighting was getting old, they were too hungover to continue this BS and they all had come to party after all.
The broader market takes a ~2% pounding at the open. Ambac and MBIA getting trounced following rather significant losses. All that appetite for risk yesterday seems to have evaporated. It’s like there was some huge, world changing event that happened overnight, and sucked the air out the market. (We think it is that Steve Forrester’s death was, sadly, confirmed).