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Good News: You Probably Won’t Have To Swim To Work Tomorrow (Or Pretend To...
…or possibly even Wednesday, according to Reuters, which reports “The U.S. stock market is expected to be closed on Tuesday” and while “every effort is being made to reopen markets” the following day,...
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Caption Contest Monday: Goldman Sachs Will Protect This House
[Stephen Foley via Felix Salmon] Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: 200 West, Goldman Sachs, Hurricane Sandy, rain, sandbags, this is it don't get scared...
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Layoffs Watch ’12: UBS Tells Employees Not To Bother Themselves With Figuring...
Earlier this week, before a natural disaster struck the East Coast, UBS announced that it would essentially be getting out of the investment banking business and focusing its energy on wealth...
View ArticleKnight Capital Having Difficulty Catching A Break
Knight Capital is experiencing “power issues” and told clients to trade equities elsewhere, according to a memo from the company. No new orders are being accepted, said the Jersey City, New...
View ArticleGuy Who Shares The Same Name As “Hedge Fund Analyst” Spreading Lies About...
For those of you who do not keep up with the drama in the Twitter universe, many, many people are very angry with a user who goes by the name @comfortablysmug, for spreading false information during...
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Hurricane Sandy Destroys Trillions Of Dollars Of Securities But That’s No Big...
I’m a little obsessed with the Depository Trust & Clearing Corp. One way to think of the financial industry is that it is basically a machine for abstracting real human activity: you buy a house...
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Former Mayor Still Has His Finger On the Pulse Of New York, And If It Were Up...
As you may have heard, things are not going so well for New York City* of late. Lower Manhattan and parts of Brooklyn have been without power for days. A hundred or so houses that once stood in Queens...
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Leon Cooperman Has Nothing To Say About You-Know-Who
“I have extreme problems with my office due to the hurricane and that is where I am focused,” Cooperman wrote in response to a request for comment by Absolute Return about the reelection of Barack...
View ArticleArea Nonpartisan Hedge Fund Manager Still Working Out How People Could Cast...
“For years I kept these memos away from anything related to politics. But more recently I began to discuss issues facing the United States, and this has required some mention of policy and thus of...
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Economy Not Nearly Good Enough To Take Credit For Everyone Getting Knocked Up...
Only your raw sexual magnetism/the lack of cable/light/food can do that. Late last October, Hurricane Sandy pumped six feet of water into the lobby of a residential building in downtown Jersey City,...
View ArticleLocal Man Won’t Be Impressed By Inclement Weather Until His House Is Seaborne
Fermat Capital Management’s John Seo lives in Westport, Conn., and so the faux-pas narrowly averted by New York’s next mayor and not-New-York’s-next-mayor does not concern him. Nor, it must be said,...
View ArticleHedge Fund Manager Throws Up Hands, Professes Ignorance About Meaning Of...
In case you missed it, the British graffiti artist Banksy has been in town for a few weeks, infuriating local vandals and certain aesthetically-sensitive officeholders alike, inspiring entrepreneurs,...
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