One thing you have to know about analyst Dick Bové is that he gets really, really pissed when people fail to afford the men in his life the respect they deserve.
And not just like, internally angry pissed, but break your leg after skating practice pissed. He (moreor less) keyed obscenities not suitable for printing onto the cars of every BofA board member who pushed* Ken "No other banker in this country can equal his achievements and yet every banker wishes s/he could" Lewis out the door and now he's got a new group of individuals with whom he must "deal" with: the members of the media who dare to impugn on the dignity of Wall Street. In a letter to clients today, Divé advised those throwing "hate" the financial industry's way shut their traps, 'cause 1) "This is an investment issue. It is one of the reasons that bank and brokerage stocks are so easily pushed lower in the markets. It is a one of the reasons why the cost of money has risen for banks in the bond markets." and 2) you're on thin ice with DB. And while it's not like he's, y'know, keeping a list of names….a list is in fact being kept. Anyone on here might want to consider checking themselves:
- ABC News
- New York Times
- Bill Maher (whose use of the sobriquet "Skank of America" Richard did not appreciate and which caused him to knock the Crackerjacks out of his lap while shouting "Oh, real funny!" at the TV)
You go after his boos and who knows what he's capable of.
Media Against Banks [PDF]
*This is how it went down in his mind.