suggestions

  • 06 Jul 2011 at 11:16 AM

Jim Rogers Suggests Giving Up Finance For Farming

While there are many people who work on Wall Street for reasons that have nothing to do with money (trading gives them a thrill, they enjoy analyzing companies, they love the hours, it’s what they believe they were put on this earth to do, etc), there exists at least a handful of individuals who got into this whole thing for one reason and one reason only: the cash. To those people and more, investor Jim Rogers has some advice: become a farmer. Perhaps you’re a first, second or third year investment banking analyst whose timing (re: when you graduated college but also dating back to when you were conceived) could not have been worse, for whom the year 2006 and the associated bonuses are but a dream. Perhaps you’re a seasoned veteran making great money who’s wanted to try something new but couldn’t think of an industry that could beat your current pay. Perhaps you’re employed by a hedge fund whose performance YTD is not inspiring confidence in this year’s bonus. Perhaps you’re a banker who wants to be compensated in cash and not company stock paid out over 14 years. Doesn’t matter if you’ve never done manual labor in your life, if you don’t know the first thing about milking anything, if you’re emotionally scarred from the one time you rode a tractor. If you wanna make some real money, start working your contacts on the farm. Read more »

People familiar with the firm say SAC Capital’s legal team actively discourages traders and analysts from using email, instant messages and other forms of communication that can leave a paper trail. The lack of email documentation at SAC Capital is something that has frustrated litigants over the years, according to people who have been involved in lawsuits and arbitrations with the fund. [Reuters, earlier]

  • 13 Dec 2010 at 12:23 PM

Confidential To CNBC: You Need More Ken Langone

From the random walking on set, the declaration of love for Lloyd Blankfein, the lack of an indoor voice, the accusation that David Faber dyes his hair and later, the shoulder squeezes and kisses on the head, KL’s got regular contributor material written all over him. Just something to think about. Read more »

Who wants a nice ski lodge? Anybody interested in a place on the beach? Today’s your lucky day. Read more »

  • 19 Aug 2010 at 3:45 PM

Attention Macquarie Employees: Get Your Tit Fix Here

Back in February, Macquarie employee David Kiely got in a little hot water with his employer for looking at some topless shots of Miranda Kerr on his computer. It should’ve been no big deal but unfortunately his floor was being filmed on live TV at the time and as the Aussies couldn’t be perceived as condoning that sort of thing, they put him on a time-out. He was ultimately allowed to keep his job but management has taken extreme precautions to ensure something like this won’t happen again, namely equipping everyone’s computers with a child-lock. What’s a horny Aussie to do? Consider taking lunch at this establishment, where you can get you fix.

A WOMAN has stripped off naked in front of dozens of people having breakfast at a popular Darwin restaurant. Witnesses said the woman took off all her clothes after she and another woman had a full-on fist fight over a man yesterday. “That was just a shocker,” eyewitness Fernando Dentes, 34, said. “People were trying to eat.”

Read more »

  • 16 Aug 2010 at 2:46 PM

Headed To Colombia Any Time Soon?

If so, might we suggest you tell whoever makes your travel arrangements to book you a flight on Colombia’s Aires airline, whose planes are protected by some sort of force field that allows them to struck by lightening, break into three pieces and only have one person (out of 131) die (and not as a direct result of the crash)? [WSJ]

  • 09 Aug 2010 at 12:45 PM

Money And Votes, Checks And Balances

The following post is by Dealbreaker reader and commenter Infinite Guest.

When Congressman Barney Frank said “money is influential, but votes will kick money’s ass any time they come up against each other,” he wasn’t referring to votes on the floor of the House and Senate, nor to the money our elected officials are paid, nor the money they tax and spend. Those votes and that money are never in conflict, but they should always be. Read more »