whoopsies
Are Attorneys Responsible For $600M ‘Stupid’ Mistake?
It sure looks like that's what happened...
Firing Watch ’22: Barclays Back Office Staff
A bit of incomprehensible stupidity just cost the bank nearly $600 million.
Better.com Continues To Innovate Not Better Ways To Fire People
We suppose an unexpected severance check is better than a mass Zoom call, but it’s a close-run thing.
Outgoing Fed Vice Chair Really Making His Patron Proud
What would Donald Trump have done with a tip-off from Jay Powell? Probably “rebalance” his portfolio just like Richard Clarida did.
Banco Santander Hurrying Back Down 75,000 Chimneys To Get Its $175 Million Back
No, it wasn’t a kind Christmas gift, just typical bank back-office incompetence.
If Shareholder Activism Is Poker, Marc Lasry Doesn’t Even Know How Many Cards To Draw
You have to be formally in the game to play it.
Noted Epidemiologist James Gorman Acknowledges Slight Scientific Error
Seems we weren’t going to have this COVID stuff licked by Labor Day.
SPAC That Merged With WeWork A Lot More Like WeWork Than Previously Thought
This is not a compliment.
Actually, That Information Wasn’t So Much Worthless As Worth $200 Million
The CFTC misspoke initially.
Charles Schwab Tries, Probably Fails To Make Citi Feel Better About That Whole Accidentally Sending People Too Much Money Thing
Misery loves company, but is Schwab really all that miserable?
Citigroup Stupid Beyond Belief Legally Speaking, Can’t Have Its Half-Billion Dollars Back
Finders keepers is apparently a genuine precedent under New York State law.
Mick Mulvaney, Who Promised A Graceful And Peaceful Presidential Transition, Makes His Own Craven And Hasty Exit
If Exegesis Capital will invest based on the ex-chief of staff’s ability to read people in Washington, we might steer clear.
Hedge Fund Very Eager To Do Business With Very Incompetent Bank
We suppose it’s the really the least they could do.
Citi So Spooked By Lawsuit It Panicked, Just Repaid Everyone, Now Wants Money Back
That’s how it’s supposed to work, right?
Leon Cooperman Is A Coronavirus Communist
Like a man he passingly resembles, he has come to bury capitalism.
Third Point Stumbles In Q3 On Dan Loeb’s Inability To Predict Entirely Predictable Things
Argentina being Argentina and Sony’s disinterest in his ideas appear to have come as genuine shocks to the hedge fund manager.
Some Very Socially-Irresponsible Stocks Snuck Into SRI ETF, Possibly While Someone Was On A Cigarette Break
Maybe Vanguard ETFs are too cheap?
Goldman Sachs Admits Its Compliance Department Missed Disgraced Ex-Partner’s Bigamy, Horndogging, Fake Doctorate
Believe it or not, that’s the best-case scenario for the bank.
Man Who Lost Jeff Vinik’s Money Still Plans To Hang Out At Jeff Vinik’s Arena, Cheer On Jeff Vinik’s Team, Pretend To Be Jeff Vinik’s Friend
That is, unless the security guards at the Amalie Arena have watched his video.
HSBC Hopes You Weren’t Using Your Name, Address, Birthday, Account Numbers…
‘Cause someone else has’em now, too.
Wells Fargo Having A Very Wells Fargo Day
Tim Sloan probably hoped having it all drop on Election Day would keep people from noticing, but then Tim Sloan hopes for lots of things that don’t materialize.