Not feeling so hot today? Kind of wishing it wasn’t frowned upon to catch a few winks under your desk or curled up in the stall of the men’s room? Vowing to never again consume the amount of alcohol you did over the past three days, so help you god? CNBC knows it’s not possible for you to lay off the sauce for more than 12 hours but if you’re willing to get real for 1 sec, would like to help. On Worldwide Exchange this morning guest Tina Hedges recommended “prevention” as the best cure for a hangover, which comes in the form of a drink she suggests downing before alcohol called “Mercy,” marketed and sold by her firm. Mercy apparently works its magic through “a propriety blend of amino acids, vitamins and minerals” and is available online. If that doesn’t sound like something you’d be interested, CNBC’s John Carney, who anchor Nicole Lapin billed as “our resident expert of sorts” when it comes to hangovers, offered his his 5-Step Cure, which are as follows: Continue reading »
Hangovers
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).
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NH BLG_DEALBREAKER <GO>
to access Dealbreaker
