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Technically, William Cohan Never Said Dick Bové Was “Full Of Hot Air”

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Earlier this morning, Dick Bové sent out a slightly defensive note to clients, regarding an appearance by writer William Cohan on Bloomberg TV. Dick wrote: "Bloomberg TV did a segment in which it claims that I made statements about the [Goldman Sachs] SEC investigation and that author Bill Cohen states that 'I am full of hot air.' Further, Bloomberg and Cohan argue that Goldman 'got to Bove'." Richard went on to say that this "getting to" business was bull shit, as Goldman Sachs has not paid for his services "for years," for reason lost on him ("the company is not a customer and for whatever reason it will not pay for my research"). We hadn't seen the segment but we Dick seemed pretty miffed, perhaps justifiably, as the comments did seem moderately insulting. Apparently someone was feeling slightly sensitive this morning because while the words "Goldman got to Bové" did exit Bloomberg TV anchor Deirdre Bolton's mouth (Cohan repeated them but made sure to use his hands to make it clear he was quoting DB), and for which he can be pissed, at no time during the program did anyone say anything about Bové being "full of hot air."

The tapes are here for Dick to review when he's feeling better and is ready to come out of his room.


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.