He’ll show you…he’ll show all of you! Continue reading »
Ping Jiang
Based on a pretty kick-ass performance in July, just gonna throw it out there: maybe whiteboard markers aren’t such a bad idea after all? Continue reading »
Maybe not sounding so crazy anymore?
And the one way this thing can apparently be saved (think ‘e’).
The Alpha-males running America are textbook examples of the Oedipus complex in action. Men? No, inside they’re still little boys who secretly want to win mommy’s favor by knocking off big daddy. Basic psychology, except they’re overdosing the real world with too much edgy testosterone … aggressive, arrogant, narcissistic … bullies on the playground overcompensating for an inferiority complex … they love games, fights, contests, winning, deals, risks, wars, anything to prove they’re king-of-the-hill … like owning truckloads of money, enough for several lifetimes … think Liar’s Poker, they play for bragging rights, to tell “the guys” how they beat “the other guys” on the playing field … but psychologically they really are just little boys in big-boy costumes playing “grown-up” … especially the new breed of Wall Street traders gambling in history’s greatest casino, the $700 trillion global shadow banking system for derivatives…America is a nation ruled by Alpha-males with a death wish, yet blind to their fatal self-destructive flaw.
Hedge Fund Manager Eric Rosenfeld’s Children’s Book About Asses Also Has An Economics Lesson Found Within
By Bess Levin
Yesterday we discussed Mrs. Buttkiss, the story of a woman with a “huge” ass, a dirty little secret, and what happens one day when she lets it out in the fruit aisle of a grocery store. Mrs. Buttkiss and The Big Surprise isn’t just any old children’s book about asses but one conceived of by Crescendo Partners founder Eric Rosenfeld, whose tale of asses and the magic they hold had been brewing for over ten years. (For those of you not up to speed on the storyline, see my summary in comments 52, 55, and 57 here). It’s also one of the few books you can currently purchase that comes with a free whoppie cushion. We had a little chat with the auteur, who claims to have no calls on FDP, about his process.
Is this an allegory for the financial crisis? Bubbles, etc?
A lot of people seem to think that but I came up with the story ten years ago, way before the financial crisis.
Ten years ago the seeds were already being sown. A bunch of Alan Greenspan’s friends knew what was happening. It definitely could’ve been about the crisis.
That wasn’t the original intent but it’s fine with me if people want to think about it that way.
Is it about LTCM?
That’s a different Eric Rosenfeld who worked there.
It could still be about John Meriwether. His gastroenterologist loves to talk. Anyway…you said you came up with this story when you were putting your kids to bed. What happened that night that this was the story you came up with?
I was just trying to make up a story I thought they’d like.
Kids like this sort of thing?
Oh yeah. Kids ages 2-12 think it’s hilarious. What did you think of it? Continue reading »
You bitches don't know from sexual harassment.
Apparently the answer is yes. Whether or not your boss doing things to you with whiteboard markers is a new occurrence or you were just scared to come forward and the financial crisis for some reason gave you the courage is unclear.
Since the start of the recession, a growing number of sexual harassment complaints have come from men. Some 16.4% of all sexual harassment claims—or 2,094 claims—were filed by men in fiscal 2009, up from 15.4%, or 1,869 claims, in fiscal 2006, according to the U.S. Equal Employment Opportunity Commission.
Does everyone go with the golden shower/choking you out/nicknaming you “stupid girl” model? Not really. That’s pretty much reserved for the pros. Most of you are getting you simply having your taints grazed while messing around on the desk (I’m not saying that makes it okay or trying to minimize it but I am saying: amatuer hour. Miss).
While male victims sometimes experience behavior like groping and unwanted sexual advances, employment lawyers say increasingly “locker room” type behavior like vulgar talk and horseplay with sexual connotations have been the subject of claims.
Recession Spurs Sexual Harassment Claims By Men [WSJ via Daily Intel]
Before Shoving A [Female Hormone Pill] Down Your Junior Trader’s Mouth, Consider Butching Up Your Bitches
By Bess Levin
If women ran Wall Street, Lehman Brothers, Merrill Lynch and LTCM would all be in business today, according to this article, which today raises the debate that’s been raised just a few (million) times since the crisis started. Females are more risk averse, the presence of testosterone breeds more testosterone (whereas environments with less T ’cause your levels to decrease, as in the case of stay-at-home daddies), women are “more likely to admit that they’re wrong, faster,” men are more likely to engage in pissing matches with each other (which was the subject of Audur Capital founder Halla Tómasdóttir’s doctoral thesis entitled “The Great Big Penis Competition: The Story of Mergers and Acquisitions in Iceland”), blah blah blah. For those of you who want to take this “women make better money managers in the long run” theory (which holds that the ladies might not make you as much money in the short term but probably won’t blow up your firm like some people) for a spin but already have a team in place, a word of advice.
According to Doug Hirschhorn, a “peak performance coach to Wall Street traders” consulted for the story, Andrew Tong is the exception, not the rule. Don’t waste your time trying to find the perfect pair of panties for your male colleagues to report to work wearing. Instead, focus on spiking the girls’ morning coffee with T and teaching them to spit. That’s where you’re gonna see results.
While he was working on his Ph.D. in sports psychology, Hirschhorn got an offer to join what was then one of the largest proprietary trading firms in the country—with 1,200 traders, many of them former sports players—and help them improve their trading. “What was most interesting to me, was that out of the twenty women who were there, five of them were tremendously successful, so the ratio of success for the women was 25 percent, whereas it was maybe 2 percent for the men,” he says. He found that it was easier to teach women when to be more aggressive than it was to lessen the overaggression of the males.
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
