warnings

  • 23 Oct 2014 at 5:54 PM

Janus Warns Shareholders On Effects Of Hurricane Bill

bill_gross_mustache3Luring the Triple Crown of Newport Beach to Denver comes at a cost. Read more »

Turney Duff is a former Galleon trader turned memoirist, who wrote about “drug-fueled benders,” feelings of emptiness, and the time he “faked a mugging by rolling on the pavement and into a puddle until he was bleeding and bruised” as an excuse for missing work one day in “The Buy Side.” It seems unlikely that he’ll rejoin the securities industry, but in the event he does, know that he’s watching you. Read more »

Or something along those lines. Read more »

  • 04 Feb 2013 at 2:25 PM

Moody’s Attempts To Ruin Dick Handler’s Good Time

Until recently, being chief executive officer of Jefferies was an exercise in getting shit on. As the man in charge for the last 13 years, Richard Handler has had to put up with a lot of hurtful remarks that, while nothing to the person tossing them off, undoubtedly stung quite badly. “Third-tier bank.” Place “I wouldn’t let my maid’s kid work.” “Poor man’s Morgan Keegan.” So you can imagine that after a string of victories over the last several months that included getting involved in the slaughterhouse business and paying all-cash bonuses unlike some people, Handler and Co. would be feeling pretty good about themselves and that after announcing to the world they were getting paid more this year than their counterparts at big kid banks, they’d be feeling REALLY good about themselves. That payday, however, did not go over well when input into Moody’s proprietary just-make-it-up credit-rating model, and now Handler’s plan to gather everyone up to watch as the board shoots his compensation out of a tee-shirt gun in hundred dollar bills is completely ruined.* Read more »

Fitch Ratings is showing the U.S. some tough love. Read more »

They were willing to ‘em a chance, but no more. Read more »

Because he’s had some previous success putting bankers on deadlines for complying with his demands and because he has had it up to here with financial regulators and the companies they supervise, both of which have been dragging their heels since Dodd-Frank was passed, CLSA analyst Mike Mayo appeared on CNBC today to issue a message: The time for thumb twiddling is over. Move your asses, NOW, or he’ll move them for you. Read more »