Skip to main content

Dick Bové No Longer Just Giving It Away For Free

  • Author:
  • Updated:

Like many a lass from a respectable family, Dick Bové's mother once cautioned her that no one's gonna buy the cow when they can get the milk for free, and to "cover up those bosoms, you look like a floozie." Unfortunately, Divé, young and full of hormones and headstrong like you wouldn't believe, refused to listen to the advice (or to cross her legs in public). "Oh mother, you're so old-fashioned," she told Mrs. Bové as she got ready for the dance by stuffing her bra. Divé lost it that night, in the back seat of a Buick, to a guy she wasn't going steady with (this was the 1930s, so a pretty big scandal) and from then on it was a different guy, or guys, every night of the week. Most mornings she'd wake-up in an alley off 42nd Street, fishnet stockings torn, no recollection of how she got there, or who she'd done along the way. And she was fine with this sort of existence. She didn't care what people thought of her, and no one was going to tell her how to live her life. The mutters of "tramp" didn't hurt, nor did the burning sensation when she peed. But then something happened. She met a guy.
His name was Ken. And she knew he'd turn out to be the greatest banker in all the land. And she knew it was wrong, but she was just so scared he'd think she was damaged goods or something, so she told a little lie, about how he was the only man Bové had ever been with, and not the 937th. Their children would most likely be punished down the road because mommy used to go slumming but at least she could give Ken this. And a funny thing happened after that. Bové started to like not being such a two-bit whore. Unfortunately the pimps and the druggies were still under the impression she was up for a good time and would drop by the house during dinner, much to KL's disturbance; and Bové knew what she needed to do. Start demanding a little respect. And she would start by respecting herself:

Research by prolific banking analyst Dick Bove won't be as widely available for at least the rest of the year and possibly longer, as his employer aims to preserve its value. Selected reports will be available to the media on a case-by-case basis. But the full research reports will no longer be readily available to reporters and other non-clients, Bove said Monday.

"The information is getting to [people] who are not paying," Bove, of Rochdale Securities, told Dow Jones Newswires by phone Monday. "It's weakening our whole approach to how we want to price the product." Broad distribution is being ended for at least the rest of 2009 and is under review for afterward, so that "paying customers will recognize they are getting a unique product," Bove said.

Earlier: Dick Bové: Bank Of America Should Beg Ken Lewis To Stay


Dick Bové Reenters The Spotlight In Manner Befitting Dick Bové

When regular old bank analysts switch firms, people don't tend to make a big deal about it. Gardening leave is taken, contracts are signed, key cards are distributed, new business cards are printed. Sometimes you'll get an email address with updated contact information. That's usually it. Dick Bové, as you all know, however, is no regular bank analyst. Which is following his departure from Rochdale Securities, potential employers didn't interview him, he interviewed them, why his son/spokesman, Joe Bové sent out a press release announcing the final countdown to Bové Day, and why, when that blessed day arrived, it was celebrated with a three-course banquet and a little something called the Dick Bové Banking Manifesto.