sad trombone

  • Deutsche_Bank_-_Trust_Wave_Arche

    Junge habe ich Eier auf meinem Gesicht

    Deutsche Bank CFO Probably Doing Some Soul-Searching Right About Now

    Yesterday we learned that back in December, the Federal Reserve sent a letter to Deutsche Bank, telling management, in essence, that it ought to set fire to its U.S. operations and collect the insurance money, then get out of the banking business. If the powers that be at DB insisted on sticking with this thing, […]

    / Jul 23, 2014 at 12:11 PM
  • citi

    oh that

    $7 Billion Settlements Aside, Citi’s Earnings Are Kick-Ass

    Citigroup‘s profits tumbled 96 percent in the second quarter, dragged down by a huge charge related to its recently announced deal with the Justice Department to settle an investigation into its sale of mortgage securities in the run up to the financial crisis. The charge for the legal settlement totaled $3.8 billion, marring an otherwise […]

    / Jul 14, 2014 at 12:34 PM
  • rbs

    News

    Layoffs Watch ’13: RBS

    Stephen Hester is in good company.

    / Jun 13, 2013 at 12:09 PM
  • saccapitalstamford

    RSVPs

    Mathew Martoma Will Be Unable To Make The SAC Capital Holiday Party This Year

    Former SAC Capital Advisors LP portfolio manager Mathew Martoma, charged in what prosecutors called the biggest-ever insider trading case, appeared in federal court in New York…He was arrested at his Boca Raton, Florida, home Nov. 20 and freed on $5 million bond. He appeared today before U.S. Magistrate Judge James Cott in Manhattan. The defense […]

    / Nov 26, 2012 at 1:57 PM
  • News

    Bonus Watch ’11: MF Global CEO

    Yes, Corzine’s contract says he’s eligible for a $12 million package if he leaves the firm but recent events will make it slightly more difficult for him to collect that check on the way out.

    / Nov 2, 2011 at 5:35 PM
  • News

    Occupy Wall Street Protestors Keeping BofA In Suspense

    The aforementioned army of paper planes is yet to arrive.

    / Oct 28, 2011 at 2:26 PM
  • News

    P.S. You’re Not Allowed To Trade Anymore

    This probably doesn’t come as much of a surprise, considering he was already found guilty of insider trading and sentenced to two and a half years in prison but that doesn’t make it sting any less: Donald Longueuil, who the feds were able to bring charges against after his colleague, accomplice and so-called best friend […]

    / Sep 29, 2011 at 1:53 PM
  • Hedge Funds

    Paulson And Co. Investors May Be Getting Coal In Their Stockings This Year

    One of the stocks in Paulson’s portfolio, Alpha Natural Resources, is getting clobbered today after the company and rival Walter Energy warned that output for steelmaking-coal will fall short of expectations…Paulson’s bet on Alpha Natural Resources is a relatively small chunk of his portfolio, but it is another ill-timed wager this year from the man […]

    / Sep 21, 2011 at 3:46 PM
  • News

    Raj Rajaratnam’s Jury Consultants Did Not Foresee This Outcome

    Empirical Creative was paid about $300,000, the people familiar with the situation say, for services that included a mock trial, during which his lawyers employed two main defense themes: that the information prosecutors said involved illegal inside tips was already public, and that the government’s witnesses weren’t credible. During the mock trial, the consultants discovered, […]

    / May 18, 2011 at 11:10 AM

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