“The A.T.M.’s are inside the building, tough to find (no signs to point out) and wedged in a corner in a glass room between a vacant store and the stub end of a small newsstand. Moreover, the A.T.M. requires paper envelops for making deposits,” Mayo wrote in his latest report. “In contrast, nearby Chase and Bank of America A.T.M.’S are more sophisticated and do not require the use of envelopes.” [Dealbook]
Dick Parsons Actually Gives Mike Mayo What He Wants
Is Mike Mayo the most powerful man on Wall Street, able to bend CEOs and bank chairmen to his will with the greatest of ease? If you'd asked us days ago we would have said "Well he does have a varsity analyst jacket but eh." Today? The answer is we have no idea but Dick Parsons is certainly helping make that case by not only complying with the demands of Mayo but doing so on his specified time schedule. [WSJ, Earlier: “I think that Parsons should leave in the next two weeks,” said Mayo on Feb. 23]
CNBC Now Paying For Mike Mayo Reruns
"Outspoken bank analyst" saving his best material for when he sees Michael Corbat in person.