it’s not your fault

Some stats and a message about life from NakedShort: “Excluding today’s games, there are 2 people with fifteen wins, 24 with fourteen (including yours truly), 96 with thirteen, and 651 between three and twelve. For those of you that picked Louisville to win, I want to reach through the monitor and do this to you: Continue reading »

When you have a guy– let’s call him Dick Fuld– who has spent a decent chunk of his career being referred to as “The Gorilla,” it’s difficult to impossible to expect underlings to assume that underneath the cold-blooded exterior beats the heart of sensitive soul. When this guy is known to speak in monosyllabic sentences and random outbursts, the notion that he wants to talk about feelings is a tough sell. When it’s common knowledge that, on at least one occasion, this guy has choked out the head of another company during a board meeting– and found nothing wrong with that– most people don’t figure it’s a wise idea to walk into this guy’s office, wrap their arms around him and tell him “it’s not your fault,” as he sobs and sobs, burying his face their your shoulder. That’s because most people didn’t really know Dick Fuld. One former employee though, Kevin White, was lucky enough to get a taste. Continue reading »

John Reed, who played kind of a big role in cobbling together the world’s largest diversified whorehouse, has something to get off his chest:

“I’m sorry,” Reed, 70, said in an interview yesterday. “These are people I love and care about. You could imagine emotionally it’s not easy to see what’s happened.”
John S. Reed, who helped engineer the merger that created Citigroup Inc., was apologizing for his role in building a company that has taken $45 billion in direct U.S. aid and said banks that big should be divided into separate parts.

Is he really sorry? Or was this just an attempt to get Vikram to hold him close and insist “it’s not your fault” over and over? Unclear (though we wouldn’t fault him if it were the latter). In any event, does anyone else have something they want to apologize for today? Related to Citi or not? Throw it out there. We’re all listening.
Reed Says I’m Sorry For Role In Creating Citigroup [Bloomberg]