• rbs


    Royal Bank Of Scotland Stuns Universe

    They said it would never happen. Said they couldn’t do it. Said there wasn’t even a point in trying. Laughed at the prospect. Scoffed at the mere thought. Jeered at them in the City. Snickered about their pipe dreams in the pub. Shouted, “Come on now, mate, just give up already.” They were wrong.

    / May 2, 2014 at 8:45 AM
  • cohendiamondscard


    Steve Cohen’s Week Is Looking Up

    Yes, tje jury has been selected for a trial against the guy who is alleged to have orchestrated “the most lucrative insider trading scheme ever,” AKA his former employee, Mathew Martoma. Yes, Frontline just aired a special on him that was not exactly flattering. Yes, he just had to slash the price of his Manhattan […]

    / Jan 9, 2014 at 6:08 PM
  • News

    Until It Lost Four Times Its Annual Earnings In A Matter Of Minutes, Knight Capital Was Very Profitable, And Guess What, The Company Doesn’t Need Your Charity Regardless

    …says former CEO who may or may not be authorized to speak for the place.

    The co-founder and former chief executive officer of battered market-maker Knight Capital Group gave a bullish assessment of the company’s future, telling CNBC that Knight can “definitely survive,” even without the help of a financial savior. If Knight should go under, “you’d have a hole in the marketplace,” said Kenneth Pasternak who retired from Knight in 2002. The market-maker “needs to restore the confidence of the community at large, but its a very important player and frankly, was a very profitable player until three days ago.”


    / Aug 3, 2012 at 3:17 PM
  • News

    Vikram Pandit’s Birthday Will Be One For The Books

    For those of you who failed to mark it down on your calendars, please be advised that today is Vikram Pandit’s birthday (his 54th to be exact). Normally we’d tell you to drop what you’re doing and pick up something for him A-SAP but this year we’d advise you to go the no presents route. […]

    / Jan 14, 2011 at 9:30 AM
  • News

    Who Were The Most Profitable Hedge Funds Of 2010?

    The latest issue of Bloomberg Markets magazine has the answer to that burning question but first, let’s take a gander at who had the best performance, among large hedge funds. Congratulations to all for jobs very well done. Unfortunately, with the exception of Bridgewater, none of the above made the sort of money that would […]

    / Jan 6, 2011 at 10:45 AM

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