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ibanktoo's picture

Lehman analyst and CNN.com

This guy better hope that no one finds out who he is:

http://money.cnn.com/2008/09/12/news/companies/lehworkers_kimes/index.ht...

And you wonder why they don't let analysts talk to the media!!

My favorites are:

1.) One investment-banking analyst spoke with confidence about his job security.

"In banking, we're pretty sure we're going to get bought - and if it's by Bank of America, they're going to value bankers highly," he said. "They've got C level bankers, and Lehman has A bankers."

2.) The investment-banking analyst insisted that employees remain loyal to Fuld.

"Sure, we wish he had done what Jamie Dimon did," he said, and steered the firm away from exposure to subprime mortgages. "But he's in the office, working just like everyone else."

3.) The analyst added that he'll be laboring into the night, hoping to impress his future bosses, whoever they are.

But many of his co-workers, he said, will be otherwise occupied: "Everyone's out drinking right now."

I can't even make this stuff up...

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indian-banker's picture

hahaha. The bit about BOA

hahaha. The bit about BOA having C level bankers and BOA having A level bankers is hilarious. What's even more hilarious is that this arrogant bastard is soon going to be a no-banker. I guess the ones that are arrogant always get what they deserve.

Juwanna Mann's picture

Sounds familiar

I think I went to college with this guy.

the show's picture

I'm convinced that there is no firm with a more overinflated....

sense of self worth than Lehman Brothers.

coverthis's picture

I guess a bunch of A level

I guess a bunch of A level bankers can't figure out how to stay in business? Dumb asses. haha

johnjacobjingle's picture

im curious--would bofa

im curious--would any suitor really fire their own for lehman people?

sol's picture

..

yes. it is strictly business.

Devils Advocate's picture

Clearly a douchebag 1st

Clearly a douchebag 1st year...funny thing is...once you strip away the unbridled arrogance, there is much truth to what he says in terms of LB bankers replacing BofA bankers...

KillerMike's picture

How's anyone know for sure?

How's anyone know for sure? Thought the Bear Stearns firings definitely outweighed for JPM people let go

Also, at this point looks like it's going to be a liquidation anyways