Why azoth? Because that is evidently the user ID that the real Minsley Tortimer entered on registering several months ago. Now, click on the linked handle of the recent comments by the fake "Minsley Tortimer," and you’ll see that the URL of this user’s page is:
Not the same URL = not the same user. The imposter stole the name and her avatar, but he cannot steal the username, and thus the URL is not the same. You can use this technique to ferret out trolls who impersonate other users on this or other Gawker websites. Simply find a comment that you know to be authentic, click the handle of that comment, and check the URL of the user’s page.
5. Question: Who is the user glitter.panda, who claims to be the real Minsley Tortimer? Answer: The same troll. By means of obfuscation, he hopes you’ll think either his "Minsley Tortimer" or "glitter.panda" is the real Minsley Tortimer. He doesn’t care, as long as you’re fooled.
A message to the glitter.panda et alia: I really don’t give a shit, actually. I’m just outing you for the lulz.
I think it would be more appropriate if they were required to actually eat the mortgage paper. They could add peanut butter to make it go down easier of course.
Why azoth? Because that is evidently the user ID that the real Minsley Tortimer entered on registering several months ago. Now, click on the linked handle of the recent comments by the fake "Minsley Tortimer," and you’ll see that the URL of this user’s page is:
Not the same URL = not the same user. The imposter stole the name and her avatar, but he cannot steal the username, and thus the URL is not the same. You can use this technique to ferret out trolls who impersonate other users on this or other Gawker websites. Simply find a comment that you know to be authentic, click the handle of that comment, and check the URL of the user’s page.
5. Question: Who is the user glitter.panda, who claims to be the real Minsley Tortimer? Answer: The same troll. By means of obfuscation, he hopes you’ll think either his "Minsley Tortimer" or "glitter.panda" is the real Minsley Tortimer. He doesn’t care, as long as you’re fooled.
A message to the glitter.panda et alia: I really don’t give a shit, actually. I’m just outing you for the lulz.
@BaconCat: my fave movie as well. I have the 'surf nicaragua' and 'international order of gorillas' shirts. that was like the only time i ever bought anything online, swear to god!
For all of you who say this is good PR, this is SHIT PR.
They're still giving "bonuses" in the financial industry? Fuck em. Fuck em all. Why do they fucking deserve "bonuses"? For doing a good job? When regular people do well at their employment, they ask for a raise, then they get what they deserve.
Fucking bankers ask for raises, and then they wrinkle their snivelling little pompous noses when their "bonuses" aren't up to snuff. Well, time to buckle down cowboys. I think you deserve fuck all. And the only people who still think you deserve anything gratuitous are your mother and yourself.
@templesOfBaal: 1. technically you're right which is the best kind of right. However, back in reality, the two are equivalent since bankers' salaries are most often determined via bonus structure. 2.that DOES give them the right to do whateve they want in my eyes. we are still living in a capitalist society. 3.maybe no one cares, but they are, for the most part, Yellow Boot wearing stalkers.
Come on now, bonuses for bankers can't possibly be characterized as a raise. It's for work they already did (and usually makes up the majority of their yearly take home pay).
@Pope John Peeps II: So were we to apply Occum's (or anyone else's) razor to your rather emotional statement, your theory in essence is "we should provide no insentive for those who got us in this mess to help us clean up this mess."
I guess that's fair, but it makes me wonder who exactly it is with the proper understanding and ability to clean it up would be willing to do so for free?
@GrumpyMcGillicutty: You realize distributing these securities in lieu of cash base plus bonus would be far more lucrative for the bankers, right?
@nicethingsarefun: More lucrative for the bank's shareholders, maybe - the actual bankers themselves would be holding notes that have already been devalued, and will likely continue to be devalued. Forget bonuses - I say if you created or traded a CDO, and your base salary is $200,000, you should get 200,000 in CDO's this year in lieu of base pay, and no bonus. Book value, not 'market' value, too.
There's no mess to 'clean up', everybody's capital just needs to be sucked into this giant hole until it fills up. There's no incentives involved, or disincentives. Just let the market exercise its terrible justice on the entire industry, and all the poor fools who trusted bankers with their money. This is how a market economy works.
@GrumpyMcGillicutty: You do realize that your first paragraph would still make it so the bankers come out far, far ahead. In fact, you have it backward, your scenario makes it even more advantageous for them, not less so.
You don't realize that your second paragraph makes no sense for a cavalcade of reasons.
@nicethingsarefun: No, part of the dry rot in the financial industry is the idea of entitlement that pervades the whole thing like a chemical, leeching into everything. The making of money replaced actual obedience to the law, or to regluation, or to downright fucking common sense, and look where we are today.
It's not honest, it's not straightforward work. If you're going to look at it philosophically, Arendt would say it's neither labour - to produce transient necessities, work - to produce lasting items of craft, or action - which molds the world through the life of contemplation.
If you feel like you deserve more for your work, ask for more. If you feel like you're ENTITLED to EXTRA money because it's the reason you got into finance, you're kind of a heel.
@Pope John Peeps II: You know, I don't disagree with you, and I didn't in my first post either. Your last sentence on entitlement is, IMO, spot on.
Here's the rub: First of all, just to be clear on terms, it's the traders, not the bankers, that are at the core of the current meltdown. Most, if not all, of the senior traders have left the burning rubble of the level 2 assets *they* created, bot and sold and moved on to small boutiques, myself included.
My current base salary is $0.00 my balance sheet is $0.00, my bonus is $0.00 I make 40% commission on all trades which works out to anywhere from $100k-$400k a month. If I stayed at the bank I'd have made $250k for the year with no bonus. So the idea of "punishing those asshole bankers" by not giving them a bonus, while understandable, is misguided. If we can't make money trading, we won't snivel, we'll just go somewhere else.
But if it makes you feel better, if my mom were alive she'd probably think I was a scumbag too. Although, I doubt that would bother me either.
Oh, and I gave you my numbers only to illustrate a point. If I was out to impress someone on the internet I'd regale them with stories of how I had to quit cagefighting because my giant wiener got in the way of my roundhouse kicks.
@nicethingsarefun: Come out far ahead of what, cash compensation? Please explain to me how a bond that's already been marked down 35%, and will likely continue to drop in value would be more valuable than cash. I can't wait to hear this - hyperinflation?
My second paragraph only doesn't make sense if you think Henry the Bald flailing around is going to "fix" our gigantic housing bubble, and all the securities resting on it. Hey - let's keep dropping the federal funds rate, maybe that will "fix" it.
@GrumpyMcGillicutty: Listen, I've only spent 14 years structuring and trading CDOs, I clearly don't have the experience or acumen to keep up with a savvy financial genius like you, but if you really think hyperinflation would increase the value of a CDO, as opposed to say, tripping the turbo and rendering the lower tranches completely worthless ultimately collapsing it, than perhaps your time is better served reading a finance 101 book.
12/19/08
12/18/08
Follow these steps and learn how to identify trolls who impersonate Gawker commenters.
The user on this page going by the handle "Minsley Tortimer" is not the "real" or original Minsley Tortimer.
1. Go to the page where Minsley Tortimer was executed.
2. Click the link where it says Executed: Minsley Tortimer.
3. You will see that this users ability to comment is still not enabled.
4. Now, look at the URL of the real Minsley’s page. It should be this:
http://gawker.com/people/azoth/
Why azoth? Because that is evidently the user ID that the real Minsley Tortimer entered on registering several months ago. Now, click on the linked handle of the recent comments by the fake "Minsley Tortimer," and you’ll see that the URL of this user’s page is:
http://gawker.com/people/MinsleyTortimer/
Not the same URL = not the same user. The imposter stole the name and her avatar, but he cannot steal the username, and thus the URL is not the same. You can use this technique to ferret out trolls who impersonate other users on this or other Gawker websites. Simply find a comment that you know to be authentic, click the handle of that comment, and check the URL of the user’s page.
5. Question: Who is the user glitter.panda, who claims to be the real Minsley Tortimer? Answer: The same troll. By means of obfuscation, he hopes you’ll think either his "Minsley Tortimer" or "glitter.panda" is the real Minsley Tortimer. He doesn’t care, as long as you’re fooled.
A message to the glitter.panda et alia: I really don’t give a shit, actually. I’m just outing you for the lulz.
12/18/08
12/18/08
12/18/08
12/18/08
yes i decided to make my humble return through the back door entrance.
i may have been making too many comments the last time around. i plan to be much more circumspect in the future.
12/18/08
12/18/08
i already friended five people in the first five minutes including you of course. some habits die hard.
12/18/08
Follow these steps and learn how to identify trolls who impersonate Gawker commenters.
The user on this page going by the handle "Minsley Tortimer" is not the "real" or original Minsley Tortimer.
1. Go to the page where Minsley Tortimer was executed.
2. Click the link where it says Executed: Minsley Tortimer.
3. You will see that this users ability to comment is still not enabled.
4. Now, look at the URL of the real Minsley’s page. It should be this:
http://gawker.com/people/azoth/
Why azoth? Because that is evidently the user ID that the real Minsley Tortimer entered on registering several months ago. Now, click on the linked handle of the recent comments by the fake "Minsley Tortimer," and you’ll see that the URL of this user’s page is:
http://gawker.com/people/MinsleyTortimer/
Not the same URL = not the same user. The imposter stole the name and her avatar, but he cannot steal the username, and thus the URL is not the same. You can use this technique to ferret out trolls who impersonate other users on this or other Gawker websites. Simply find a comment that you know to be authentic, click the handle of that comment, and check the URL of the user’s page.
5. Question: Who is the user glitter.panda, who claims to be the real Minsley Tortimer? Answer: The same troll. By means of obfuscation, he hopes you’ll think either his "Minsley Tortimer" or "glitter.panda" is the real Minsley Tortimer. He doesn’t care, as long as you’re fooled.
A message to the glitter.panda et alia: I really don’t give a shit, actually. I’m just outing you for the lulz.
12/18/08
12/18/08
12/18/08
12/18/08
I am afraid I grew up to be Kent Torokvei.
12/18/08
They're still giving "bonuses" in the financial industry? Fuck em. Fuck em all. Why do they fucking deserve "bonuses"? For doing a good job? When regular people do well at their employment, they ask for a raise, then they get what they deserve.
Fucking bankers ask for raises, and then they wrinkle their snivelling little pompous noses when their "bonuses" aren't up to snuff. Well, time to buckle down cowboys. I think you deserve fuck all. And the only people who still think you deserve anything gratuitous are your mother and yourself.
12/18/08
1. a bonus is not a raise.
2. CS didn't need govt money.
3. i'm sure no one there gives a shit about your opinion or rant.
12/18/08
12/18/08
1. technically you're right which is the best kind of right. However, back in reality, the two are equivalent since bankers' salaries are most often determined via bonus structure.
2.that DOES give them the right to do whateve they want in my eyes. we are still living in a capitalist society.
3.maybe no one cares, but they are, for the most part, Yellow Boot wearing stalkers.
12/18/08
Come on now, bonuses for bankers can't possibly be characterized as a raise. It's for work they already did (and usually makes up the majority of their yearly take home pay).
12/18/08
12/18/08
I guess that's fair, but it makes me wonder who exactly it is with the proper understanding and ability to clean it up would be willing to do so for free?
@GrumpyMcGillicutty: You realize distributing these securities in lieu of cash base plus bonus would be far more lucrative for the bankers, right?
12/18/08
12/18/08
12/18/08
There's no mess to 'clean up', everybody's capital just needs to be sucked into this giant hole until it fills up. There's no incentives involved, or disincentives. Just let the market exercise its terrible justice on the entire industry, and all the poor fools who trusted bankers with their money. This is how a market economy works.
12/18/08
You don't realize that your second paragraph makes no sense for a cavalcade of reasons.
12/18/08
12/18/08
It's not honest, it's not straightforward work. If you're going to look at it philosophically, Arendt would say it's neither labour - to produce transient necessities, work - to produce lasting items of craft, or action - which molds the world through the life of contemplation.
If you feel like you deserve more for your work, ask for more. If you feel like you're ENTITLED to EXTRA money because it's the reason you got into finance, you're kind of a heel.
12/18/08
Here's the rub:
First of all, just to be clear on terms, it's the traders, not the bankers, that are at the core of the current meltdown. Most, if not all, of the senior traders have left the burning rubble of the level 2 assets *they* created, bot and sold and moved on to small boutiques, myself included.
My current base salary is $0.00 my balance sheet is $0.00, my bonus is $0.00 I make 40% commission on all trades which works out to anywhere from $100k-$400k a month. If I stayed at the bank I'd have made $250k for the year with no bonus. So the idea of "punishing those asshole bankers" by not giving them a bonus, while understandable, is misguided. If we can't make money trading, we won't snivel, we'll just go somewhere else.
But if it makes you feel better, if my mom were alive she'd probably think I was a scumbag too. Although, I doubt that would bother me either.
Oh, and I gave you my numbers only to illustrate a point. If I was out to impress someone on the internet I'd regale them with stories of how I had to quit cagefighting because my giant wiener got in the way of my roundhouse kicks.
12/19/08
My second paragraph only doesn't make sense if you think Henry the Bald flailing around is going to "fix" our gigantic housing bubble, and all the securities resting on it. Hey - let's keep dropping the federal funds rate, maybe that will "fix" it.
12/19/08
Frank Fabozzi writes some really good ones.
12/18/08
12/18/08
Bravo, Credit Suisse.
12/18/08
12/18/08
12/18/08
12/18/08