suggestions

  • 21 May 2012 at 6:22 PM

Have We Identified The Next Food Eating Challenge?

The Montana State Society’s Testicle Festival in Virginia Square was a rousing success this year. Festival-goers consumed 110 pounds of bull and bison testicles, 84 liters of Crown Royal and 1,500 cans of beer this year, according to event organizer and Society president Jed Link. All three were records for the event, now in its eighth year. Organizers estimate that nearly 600 people attended the Testicle Festival, which was held at the American Legion post at 3445 Washington Boulevard. Even though the event didn’t start until 6:00 on Saturday evening, Link said a line started to form at 4:30 p.m. [ARL]

…if I were in charge I would probably reorganize the movement around a single, achievable goal: a financial boycott of the six “ too big to fail ” Wall Street firms: Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Wells Fargo. We would encourage people who had deposits in these firms to withdraw them, and put them in smaller, not “too big to fail” banks. We would stigmatize anyone who invested, in any way, in any of these banks. I’d try to organize college students to protest on campuses. Their first goal would be to force the university endowments to divest themselves of shares in these banks…I think we could create a run on a bank. [TDB]

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 »

ProPublica reports that JPMorgan is being investigated by the SEC to determine whether or not the bank adequately disclosed to investors that the securities that went into a CDO were selected by hedge fund Magnetar Capital, which was betting against the deal (JPMorgan apparently lost approximately $880 million on the deal and what’s more). Two problems seem apparent up front– one, unlike Goldman Sachs, whose CDO had the badass name of ABACUS, JPMorgan’s version is called “Squared.” And two, no one has said anything about the role of a Frenchman who describes himself as “fabulous” and writes gushy emails to his ex-girlfriend on the company dime. That’s not going to bode well for JPMorgan when it comes time for Congress to decide whether or not this thing is worthy of a hearing and/or Senator Carl Levin describing it as “shitty” 700 times on live TV. Given that everything on Wall Street is a competition, and JPMorgan is no poor man’s Goldman, I’m going to go ahead and tip off JD and Co as to the only way they’re going to be able to come out on top of this thing. If this woman’s involvement in the deal comes to light: Read more »

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