Fifty-two percent of you are walking on sunshine. Your bags are packed, you’re ready to go. Next stop: CFA Camp. The rest of you need a hug or for your colleagues to at least do you the courtesy of leaving you alone for five minutes to JO&C.
let it out
Ex-MF Global Employees With Unresolved Corzine Issues Not Feeling The “Write Him A Letter And Don’t Send It” ApproachBy Bess Levin
Former MF Global employees in Chicago recently had the chance to vent their frustration against Jon Corzine — by smacking him with a small wooden bat. At a post-Christmas party Dec. 29, former employees took turns smashing a star-shaped pinata with pictures of Corzine taped on it, according to people who attended the party. Unfortunately, those looking for the missing $1.2 billion in customer funds came up empty-handed: When the pinata broke open, all it contained was slips of paper with “IOU” written on them. A spokesperson for MF Global said the firm had no knowledge of this event. [FINS]
Are you among the happy 34 percent? What will you be doing to celebrate? Buying the Level II books? Not as lucky? Feeling like you just threw away the last four to six months of your life? Want to get angry? Want to make someone pay? Let it out, here.
Yesterday it was suggested that one of the reasons John Paulson was able to make the leap from run of the mill rich guy/peasant by hedge fund manager standards to John motherfucking Paulson! was that he “became a grump.” In earlier times, he was known for his loft parties in SoHo, and as he approached the trillion dollar pay-days, began to do things like ream employees out for overusing the printer, and reprimand people for eating junk food, according to Greg Zuckerman’s new book, The Greatest Trade Ever.* A recently published study from the University of New South Wales says that “negative moods trigger more attentive, careful thinking paying greater attention to the external world” so, perhaps there’s a connection between between JP making people pay to replace their own inkjet cartridges and figuring out that maybe subprime wasn’t the can’t lose asset class everyone thought it was cracked up to be.
Today, a Swedish study notes that “men who bottle up their anger at being unfairly treated at work are up to five times more likely to suffer a heart attack, or even die from one.” And if you think being the just go with the flow guy who “lets thing pass without saying anything” would save you, think again. That tactic will get you killed to. So here’s what I’m thinking.