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New York, 10:55 AM
Fri Nov 27
11 posts in the last 24 hours

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  • posts about #morganstanley more →

    Shocker: Bankers Greedy Even When Handing Out Bonus Cash

    Some Kid's Media Mash Note is Hottest Thing on Wall Street

    Brain-Damaged Footballer Now Professional Wealth Manager

    Morgan Stanley Prez: Please Don't Call Your Bonuses "Bonuses"

    The Worst Moments of the Panic of '08

    Apple stock drops on lowered ratings

    Times Retracts Sexy Quote

    I'm writing this post from 30,000 feet, and you're not

    Chinatown Stock Exchange

    One By One

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of BlinkyMcChuck BlinkyMcChuck
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    Next time let it all crash.
     Reply
    BlinkyMcChuck was starred BlinkyMcChuck was unstarred
    Image of ChillbearLatrigue ChillbearLatrigue
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    I'm not outraged. I really just want a Wall Street banker's bonus.

    Wasn't Goldman Sachs strong-armed by the government to take TARP money in the first place? Haven't they already paid it back with interest? As far as the bonuses go, if I were a shoe salesman and exceeded my quotas every month, shouldn't I gotten my bonuses even if the company itself is bleeding cash?
     Reply
    ChillbearLatrigue was starred ChillbearLatrigue was unstarred
    Image of resipsaloquacious resipsaloquacious
    07/31/09

    @ChillbearLatrigue:

    No, no. Goldman strong armed the Govt to pay AIG so AIG could funnel 13 bb directly to Goldman.
     Reply
    resipsaloquacious was starred resipsaloquacious was unstarred
    Image of charliebabbles charliebabbles
    07/31/09

    @ChillbearLatrigue: Technically yes, Goldman was "forced" to take TARP money, but that was very convenient for them. Had they not accepted it, they would have been in a very bad spot and would not have had the great earnings that they just reported. So, the government taking a hard line allowed them to act as if they didn't want it, when all along they knew they were gonna get it.
     Reply
    charliebabbles was starred charliebabbles was unstarred
    Image of Excited_Utterance Excited_Utterance
    07/31/09

    @ChillbearLatrigue:

    Matt Taibbi's dismantling of the GS mythos is worth a read over at True/Slant. But yeah, GS converts itself to a holding company so it can get free money even though no other financial firm was able to do so? Why, it's almost like your former boss would have to be Treasury Secretary for something so brazen to happen! So they get a big pile o' free money and they.... they turn a profit on it?

    Forgive me for not exactly marveling at the pluck of this little mom 'n' pop financial giant.

    Did they pay back the money? Yes, after they secured 20b for AIG so AIG could then give GS 13b, as resipsaloquacious says. This doesn't mean that GS didn't siphon billions of dollars directly off the public.
     Reply
    La Mareada promoted this comment Excited_Utterance was starred Excited_Utterance was unstarred
    Image of Astroblack Astroblack
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    Well, we do live in a meritocracy, so clearly they deserved every cent.
     Reply
    Edited by Astroblack at 07/31/09 8:19 AM Astroblack was starred Astroblack was unstarred
    Image of Gawkchalk Gawkchalk
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    My wife works there and I just "forked" her, but don't worry. It was made of Gold.
     Reply
    katekate is squared promoted this comment Gawkchalk was starred Gawkchalk was unstarred
    Image of Iwillnotauditionforastar Iwillnotauditionforastar
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    Pitchforks.

    Eh, that's a lot of walking and a lot of forking. I'm off to McDonald's.
     Reply
    Iwillnotauditionforastar was starred Iwillnotauditionforastar was unstarred
    Image of katekate is squared katekate is squared
    07/31/09

    In reply to Shocker: Bankers Greedy Even When Handing Out Bonus Cash
    Psssh, I already have a pitchfork. It's time for torches, or... flaming pitchfork-torches.
     Reply
    katekate is squared was starred katekate is squared was unstarred
    Image of Heneage Heneage
    07/31/09

    @katekate is squared: Can they shoot lasers too?
     Reply
    Heneage was starred Heneage was unstarred
    Image of katekate is squared katekate is squared
    07/31/09

    @Heneage: Sadly, only people who work at failing banks and get giant bonuses can afford the ones that shoot lasers.
     Reply
    katekate is squared was starred katekate is squared was unstarred
    Image of BadUncle BadUncle
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    why bother hiring a media service when anecdotal data is so much easier?
     Reply
    BadUncle was starred BadUncle was unstarred
    Image of HiredGoons HiredGoons
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    Those girls are reading a Sext Message, I just know it.
     Reply
    HiredGoons was starred HiredGoons was unstarred
    Image of BullfightsOnAcid BullfightsOnAcid
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    It's time to sell Zac Efron. His last movie did not perform well and the Tweens are beginning to look elsewhere. Hold on to the Jonas Brothers however up until the point where the oldest brother gets married. Once he is unavailable the fantasy will disappear for girls and they will look elsewhere. Robert Pattison continues to remain strong despite the bump in the road from his last movie. It's a good thing teen girls don't know who Salvador Dali is.
     Reply
    BullfightsOnAcid was starred BullfightsOnAcid was unstarred
    Image of HiredGoons HiredGoons
    07/13/09

    @BullfightsOnAcid: as a member of Geighs, I would like to buy your Zac Efron.



    Would you be interested in a slightly used Portia de Rossi as a trade-in?
     Reply
    HiredGoons was starred HiredGoons was unstarred
    Image of hilikusopus hilikusopus
    07/13/09

    @BullfightsOnAcid: Demand for teenage pregnancy is up this quarter; Pattinson's a good buy. Also, short sell Efron, then buy him back big time: when he's old enough to party with Lindsay Lohan, he'll be a cash cow.
     Reply
    hilikusopus was starred hilikusopus was unstarred
    Image of marin79 marin79
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    This story has been at top of the most read list on Bloomberg all morning. Understandable considering it was full of such insightful analysis. Who knew that kids didn't read newspapers & print media? Thank goodness that investment bankers now know not to invest in those companies.



    Also, I think I found my 14yr old cousin her next summer job.
     Reply
    marin79 was starred marin79 was unstarred
    Image of Housebroken(mostly) Housebroken(mostly)
    07/13/09


    @marin79: Everyone will be to busy investing in things meant, ya know, for kids
     Reply
    Housebroken(mostly) was starred Housebroken(mostly) was unstarred
    Image of Botswana Meat Commission FC Botswana Meat Commission FC
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    The kid's report is very nice and all but it's basically full of common sense shit like teens loving cell phones, and Wiis, and big TVs, and not wanting to pay for music,



    also Whistle Tips. The kids love the Whistle Tips.



    Whoo Whoo!
     Reply
    Botswana Meat Commission FC was starred Botswana Meat Commission FC was unstarred
    Image of Sandy Magic Jackson Sandy Magic Jackson
    07/13/09

    @Botswana Meat Commission FC: That's General Counsel Bubb-Rubb to you, good sir!
     Reply
    Sandy Magic Jackson was starred Sandy Magic Jackson was unstarred
    Image of Housebroken(mostly) Housebroken(mostly)
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    Saw this on the cover of FT today. My favorite part- Kids do not like Twitter. Why? Because no one is reading their posts so posting is pointless, idiot.
     Reply
    Housebroken(mostly) was starred Housebroken(mostly) was unstarred
    Image of Say that is cool Say that is cool
    07/13/09

    In reply to Some Kid's Media Mash Note is Hottest Thing on Wall Street
    Know what I liked as a 15 year old? Pussy and watermelon, in that order.



    Where's ma check?
     Reply
    Say that is cool was starred Say that is cool was unstarred
    Image of Wrapitup Wrapitup
    07/13/09

    @OhCandida!: Candy, I applaud how you were being honest with yourself regarding your sexual orientation at such a tender age. Perhaps not coincidentally, you have great taste in fruits.
     Reply
    Wrapitup was starred Wrapitup was unstarred
    Image of atlasspanked atlasspanked
    05/28/09

    In reply to Brain-Damaged Footballer Now Professional Wealth Manager
    News flash to hipsters: Not all athletes are stupid.


    Besides Mohammed Ali on crack could probably do as well as our current crop of financial titans. That's the magic of the marketplace.

     Reply
    atlasspanked was starred atlasspanked was unstarred
    Image of bytememehard bytememehard
    05/28/09

    @atlasspanked: Yeah, but add brain-damaged to the equation.
     Reply
    bytememehard was starred bytememehard was unstarred
    Image of Unsolicited Advice Unsolicited Advice
    05/28/09

    In reply to Brain-Damaged Footballer Now Professional Wealth Manager
    Financial advisory positions are not what you think they are. If you're a green FA, you're in sales. Your job is to sell financial products. Knowledge of finance is not necessarily a prerequisite unless you don't sound convincing when you regurgitate the pitchbook back to your clients.


    It's sort of like selling televisions at Best Buy or something, when you dutifully explain that the more expensive one is better because of the pixels. It takes a while before FA's have enough clients and cachet to make financial decisions beyond hitting sales targets and recommending prefabricated portfolio mixes.

     Reply
    Unsolicited Advice was starred Unsolicited Advice was unstarred
    Image of CaptainFantastic CaptainFantastic
    05/28/09

    @Unsolicited Advice: +1
     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
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