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    News

    Carl Icahn Puts The Wall Street Journal On Notice

    In a telephone interview with Bloomberg Television’s Trish Regan, billionaire investor Carl Icahn responded to articles in the Wall Street Journal and the New York Times over the weekend suggesting he was implicated in an insider trading investigation. The investigation, which is being conducted by the FBI, the Securities and Exchange Commission, and federal prosecutors […]

    / Jun 2, 2014 at 1:59 PM
  • News

    The Job You Want At SAC Capital Involves Swinging A 9-Iron

    To be sure, there are many interesting positions to be had at SAC that most boys and girls would kill for. There’s Steve’s, which is a pretty good gig. There’s IR, which is fun. There’s president Cohnheeney’s, though few are good looking enough. There’s SC’s bodyguard, which is exciting and involves a gun. And of […]

    / Nov 18, 2010 at 10:30 AM
  • News

    Woman Suing Goldman Sachs For Discrimination On The Golf Course

    As discussed yesterday, three former employees of Goldman Sachs have filed suit against the bank alleging that it discriminates against females when it comes to pay, promotions and other opportunities within the firm. They also noted that there just generally seem to be a lack of respect for women there. And not just a lack […]

    / Sep 16, 2010 at 2:42 PM
  • News

    Wall Street Males Apparently Sneakier About Sexism These Days

    Many women report that sexism is still rife on Wall Street, albeit less overt. Sexual discrimination charges by women at finance companies dropped 28% from 2000 to 2009, according to data from the Equal Employment Opportunity Commission. But the number of charges per woman in the industry climbed during the recession in 2008 and 2009. […]

    / Aug 31, 2010 at 5:21 PM
  • News

    Bonus Watch ’10: Let Elin Woods Bump Your Package Up A Few Notches

    As you know, it’s never too early to start thinking about bonus season. Those of you who took our bonus negotiation tips to heart and have been practicing them faithfully in the men’s room bathroom with your wing-man have nothing to worry about. Others should be soiling yourselves in fear. But take heart. Even if […]

    / Aug 23, 2010 at 3:34 PM
  • News

    Layoffs Watch ’10: Barclays Plans Ahead?

    Congrats to all those who made it through yesterday employment intact. Having said that…

    / Aug 12, 2010 at 11:34 AM
  • News

    Unfounded Rumor Of The Morning: Barclays Cuts This Week?

    Re: the previously rumored cuts at BarCap, expected to supposedly affect 7% of the global headcount:

    / Aug 9, 2010 at 10:15 AM
  • News

    FSA Sets Dangerous Precedent In Drunk Trader Case

    I’m not promoting alcoholism, but like so many things in life, there are some activities many of you are better at while under the influence. Sadly, in London, one guy had to ruin it for the whole group. Steve Perkins, the oil trader who bought 7.13 million barrels of crude oil on behalf of his […]

    / Jun 29, 2010 at 12:37 PM
  • News

    Fabrice “Fab” Tourre Reeled In Clients With His Backhand

    What do we know about Fabrice Tourre, the only Goldman employee named-checked in Friday’s suit against Goldman? Save for the fact that he refers to himself as “Fabulous Fab” in emails to friends, not much, though the Daily Mail did uncover this photo of Mr. Fantabulous, I don’t know, jumping out of a plane? And […]

    / Apr 19, 2010 at 10:45 AM
  • News

    Jimmy Cayne’s Handicap Still in the Crapper

    Jimmy Cayne may have taken a billion-dollar bath on the collapse of Bear Stearns, but that hasn’t kept him from continuing to hack up fairways from Jersey to Florida. A quick check on GHIN.com shows his highness has entered six scores in the first seven days of April. (We’re not sure if he’s playing on his […]

    / Apr 7, 2010 at 1:47 PM
  • News

    Some Barclays Employees Will Have Their Bonuses Cut This Year And Some Won’t

    In the former category: almost everyone. No specific numbers yet, but Barclays is expected to announce next week that only about 38% of revenue generated will go towards payouts (one of the lowest levels in the firm’s history). In the latter category: Bob Diamond. The Barclays Capital chief’s take home will be clocking in at […]

    / Feb 12, 2010 at 10:39 AM

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