It would probably be safe to say that many of you came back to work today with one thought on your mind: this year’s bonus for last year’s work and, to that end, the hope that it would include at least 6 zeros. Here’s the rub: your firm may or may not have made any money last year. What’s a financial services employee expecting zilch to do? If you’ve ruled out resigning yourself to taking up the tailpipe or missed your chance to rob a Wells Fargo practically begging for it, the question you need ask yourself is, which is more important to you– money in the bank, or Mr. Fluffernuterbojangles Jr, who you’ve had since college? Read more »
serious question of the day
Yankees star Derek Jeter, one of New York’s most eligible hunks since his split with longtime gal pal Minka Kelly, is bedding a bevy of beauties in his Trump World Tower bachelor pad — and then coldly sending them home alone with gift baskets of autographed memorabilia…“Derek has girls stay with him at his apartment in New York, and then he gets them a car to take them home the next day. Waiting in his car is a gift basket containing signed Jeter memorabilia, usually a signed baseball,” a friend dished…And while the parting gift may seem cold, signed Jeter memorabilia sell like hotcakes on the Internet, with an autographed baseball fetching hundreds and even thousands of dollars. [NYP]
Why does Southern Connecticut get everything? Why does it get to lay claim to all that is great in this world? A short-list includes Steve Cohen’s Cummings Point Pleasure Dome, a guy who’ll park his car on your roof, a group of asset managers who will be more than happy to do whatever you ask, be it bury a hooker you killed or claim your lotto winnings, Cliff Asness’s doll collection, The Largest Trading Floor In The WorldTM, the No. 1 Candy Theft Prevention Team in the U.S., the Great Toilet War of ’08, Paul Tudor Jones’ Christmas Spectacular, Heights and Lights (“a 20-year Stamford tradition that features an acrobatic Santa Claus rappelling down the side of of a building on his way to a local tree lighting”) and now this? Read more »
Strauss-Kahn, who resigned in May, “has indicated that, on a personal visit to the Fund later today, he would like to have the opportunity to say goodbye to staff,” according to an e- mail sent to employees and obtained by Bloomberg. “All staff who would like to do so can meet with him this afternoon.” The e-mail, which wasn’t signed, indicated that the meeting would take place from 4:30 p.m. to 5:30 p.m. [Bloomberg]
Poll: Has Jamie Dimon Emerged From The Crisis As A Winner Because He’s Easy On The Eyes?
By Bess Levin
Serious question- has James Dimon, he of JPMorgan, come out looking better than some other Wall Street CEO’s because of a nice face, “fluffy white, unbankerish hair” and an ass you could bounce a quarter off of? Alternatively, has Dick Fuld become something of a villain not because of that business with Lehman Brothers’ balance sheet, per se, but because he’s got a mug that will haunt your dreams? Both are theories currently being floated. Read more »
“Is Greenwich ready for bestiality?” Read more »
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SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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