The good news, if you’re the boss, is only 11 percent of employees polled would dare to make good on threats to quit without having something else lined up. [FINS]
polls
Fifty-four percent of respondents to the global poll of traders, investors and analysts conducted May 9-10 have an unfavorable opinion of the New York-based bank, more than double the negative rating for JPMorgan. Yet a month after a U.S. Senate report said Goldman Sachs misled clients, 78 percent of those surveyed said the accusations will either have no effect on the firm or will harm its reputation without driving away customers. “Investors will continue to put their money with capable institutions, regardless of their history or morality,” said poll participant Christian Contino, 27, who works as a consultant for the investment-management section of the United Nations’ International Fund for Agricultural Development. [Bloomberg]
Poll: Will A Jury Be Impressed By Raj Rajaratnam’s $15 Million Gift To His Star Witness?
By Bess Levin
Thursday afternoon marked a turning point in the Raj Rajaratnam trial. While jurors had already been played tapes of Raj complimenting Danielle Chiesi on how she “played” a tech exec into giving her material non-public information and one of him telling a friend he knew to buy shares of a company because “one of our guys is on the board,” been told that his brother felt the need to destroy his “private notebooks,” and heard testimony from a former McKinsey exec that Raj paid him $1 million for his tip about AMD’s acquisition of ATI, they’d yet to be shown evidence of the Galleon founder’s massive pair. Until yesterday. Continue reading »
Joel Stein is a reporter for Time magazine writing his first book. It’s about “learning, at 39, how to finally become a man.” In addition to “the typical red state stuff” (4 days of basic training in the army; fight Randy Couture from the UFC; hunt; do a shift as a fireman; fix a house; work in the pit crew at a car race), there is a chapter about Wall Street. That’s where you come in. Continue reading »
As previously mentioned, yesterday on Twitter, Charlie Gasparino noted that several hours before the Super Bowl, at a party in Dallas, he “made eye contact” with Goldman Sachs CEO Lloyd Blankfein, who saw him and then proceeded to “walk the other way.” Then today on Facebook he implored people to help him figure out “what this means.” Continue reading »
And what was this about?
No matter what your level of sobriety during last night’s game in Dallas, you should all be able to recall just how much the commercials sucked. From the Chevy that lets you get Facebook updates while driving to immediately confirm you’re a dipshit* who just found your soul-mate (i.e. a person who feels compelled to tell people she hasn’t spoken to in ten years she just went out on “the best first date ever”), to secondhand embarrassment for Eminem,** to ‘get hit in the balls with a can of Pepsi Max,’ they were all really, really bad. Even when there were flickers of something that had potential, like the licking Doritos off your co-workers’ fingers: Continue reading »
Your help is needed. Continue reading »
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