| First New York Securities - Kaput?A buddy of mine who works there says the place is going under. Apparently they were trying to move to a hedge fund model by soliciting outside investors, but they weren't able to get the cash infusion they needed. This, on top of 2 years of really bad trading.
I did a quick Google search and...|| 3 years 8 months|
| John AllanFeeling Mad Men-esque and thinking of joining. Anybody have any comments/thoughts? Club/stylist to recommend?|| 6 years 4 months|
| Market Crash-The market rally is built on shoddy fundamentals.
-25% of people on unemployment run out of benefits between Oct and Dec.
-Investors having growing concerns over short-term automated platforms (which account for a huge amount of volume).
-Savings rates are rising.
-Mid- to long-term...|| 6 years 5 months|
| Sexiest Business Reporter?http://www.businessinsider.com/the-sexiest-business-reporters-2009-8#david-faber-1
Time to re-start the eternal debate. Last time we discussed this, consensus was for Burnett. I'm partial to Glick.
Some of the people on this list are a joke, but there's plenty of good competition.|| 6 years 6 months|
| Women on Subways with I-PodsDoes anybody have a proven method of starting a conversation with a woman on the subway who's listening to her i-pod?|| 6 years 6 months|
| Market that Sonya Sotomayor's nomination is...Make me a market Obama's nominee for the Supreme Court getting turned down in the Senate due to an unveiling of a non-professional background incident.|| 6 years 8 months|
| Heretics of Finance - Andrew LoI anticipate picking it up soon|| 6 years 9 months|
| Chess vs. PokerI think poker is most often (and justifiably so) viewed as the choice game for traders for a lot of obvious issues: probability, good amount of subjectivity v. logic, betting, 'Liar's Poker', etc. I wouldn't say there're any addicts on my desk, but people enjoy a good game and talk about it a lot...|| 6 years 9 months|
| Liberal Financiers of the World - Unite!After having been the sole voice for the liberal agenda on several political threads, I thought I'd try to start a post where financial types who wax democratic can advocate for a pragmatic economic platform.
We are not pure socialists or entirely adverse to capitalism; rather, we acknowledge...|| 7 years 3 months|
| Goldman Fargo?consensus is that Goldman and Morgan will be merging with commercial banks.
Wells Fargo is the only AAA and Buffet loves it (Berkshire Hathaway has a huge stake). Does anyone think his $5bn stake in Goldman foreshadows a merger?
And what about MS? They tried with WaMu last week and it...|| 7 years 4 months|