Citi So Spooked By Lawsuit It Panicked, Just Repaid Everyone, Now Wants Money Back
That’s how it’s supposed to work, right?
Opening Bell: 8.14.20
So far not so good for SOFR; Hertz definitely didn’t need a CEO with creative ideas about accounting; short-seller sacks Chinese company again; and more!
Quibi Founders Looking To Raise Some Quick Cash
That short-form video payday looks awfully far away right now.
![[Public domain] via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIyODE5MjA1MDg0/goldman-sachs-used-car-salesman.jpg)
Goldman Takes New Lack Of Standards, Pride Out For A Ride
What can Dave Solomon do to get you into a new car with a built-in credit card today?
Corporate Residents Flood White Plains For Unique Suburban Amenity
How many small cities have their very own federal bankruptcy judges?
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Hertz Selling More New Shares Than It Is Renting Cars
And the lucky buyers thereof are only down about 15% on them—so far.
![By World Economic Forum (Flickr: The Global Financial Context: James Dimon) [CC BY-SA 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MzI1MjE5Mjc2Mjc3/jamie.jpg)
Opening Bell: 8.11.20
Jamie Dimon doesn’t feel your pain, but he knows it’s there and is doing something about it; SoftBank and soft commodities aren’t looking so soft; and more!
The Mackenzie-Childs Saucepan Calls The Silver Renaissance Teapot Black
Did a hedge fund manager learn a little too much from his erstwhile enemies?
![By Mariuszjbie (Own work) [GFDL or CC BY-SA 4.0-3.0-2.5-2.0-1.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTI3NjUxNTY3NTgw/kodakfilm.jpg)
Everything Is The Same At Kodak As Before Except The SEC Probe And Stock Price
And those two things aren’t correlated as you might expect.
![By Jonrev at English Wikipedia [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE1MzAzNDcwNTgx/sears.jpg)
Opening Bell: 8.10.20
Stocks on edge; hedge fund hopefuls press on; crude follies; let’s go to the mall; and more!
Banging The Close Sure Sounds Like Fun
Was it just too much fun for a former hedge fund manager, or merely an honest mistake?
Goldman Spent $2 Billion Of Its $2.4 Billion Quarterly Earnings Pretty Quickly
Quickly enough to need to restate those earnings.
Opening Bell: 8.7.20
The Chinese Exclusion Executive Order; bank mergers; bank fines; bullish in his bearishness; betting on bloaters; and more!
Champion Of Bridgewater’s ‘Family Atmosphere’ Just Realized It’s As Dysfunctional And Hypocritical As A Real Family
Eileen Murray’s not tolerating any dishonesty here.
RenTech Nerds, Geeks Still Calculating How To Make Their Funds Less Sh***y
Come on, guys: Chase Coleman and Larry Robbins have figured it out.
Turns Out Deutsche Bank Will Reply To Some Trump-Related Subpoenas
Cy Vance knows what we’re talking about.
Opening Bell: 8.6.20
No deal; CalPERS CIO takes off; former Valeant undoes all of its Valeant-ness; who wants a bargain on a Manhattan apartment? and more!