Wall Street Folly

Jon Stewart’s / The Daily Show’s response to the flap over Gizmodo publishing details of the new Apple iPhone secret prototype that they bought for $5k after an Apple guy somehow managed to leave it behind in a bar (then Apple had the cops storm the Gizmodo guy’s apartment even after the phone was returned): They’re “Appholes”

Tags: Appholes, Apple, Gizmodo, iPhone, Jon Stewart, The Daily Show, Videos

We noted that he was mentioned in a 2006 Hamptons Magazine “Black Book” profile as one of their list of eligible Hamptons singles.  Today Josh Birnbaum, formerly of Goldman Sachs, testified before the Senate Subcommittee in their Goldman Sachs mortgage market meltdown probe.  Here’s his opening statement:

Tags: Dating, Goldman Sachs, Hamptons, Inquisitions, Politics, Singles

Tags: Bill Ackman, Hedge funds, Jim Chanos, Short sellers, Videos

Tags: Bill Ackman, Goldman Sachs, Hedge funds, Pershing Square, Videos

Tags: Billionaires, Palaces, Prince Alwaleed, Real Estate, Saudi Arabia, video, Wealth

Tags: Bailouts, Barack Obama, Expensive meals, Financial reform, Politics, SNL, Videos, Wall Street fat cats

• Obama to Castigate Wall Street
• Greek 2009 Deficit Was Wider Than Expected
• Greek bond yields hit in spite of debt talks
• UBS, Credit Suisse May Be Split in Crisis, Panel Says
• UBS, Credit Suisse Must Hold 30 Days of Liquid Assets
• Senators Closer to Bridging Partisan Divide on Finance Overhaul
• Senate Derivatives Bill Faces Battle on Bank Spinoff Provision
• U.S. Said To Weigh AIG Exit Through Two Years of Share Sales
• Quattrone Reunites With Credit Suisse Investment Banker Boutros
• Businessweek Wears New Mantle Read the rest of this entry »

Tags: AIG, Barack Obama, Bloomberg, Credit Suisse, Financial reform, Frank Quattrone, Greece, Politics, Sovereign debt; Switzerland, UBS

• Questions Raised About Evidence on Goldman
• SEC vs Goldman Sachs
• Goldman exec Cohn to attend Obama speech-source
• Blankfein attacks ‘political’ SEC case
• Tourre Expected Before Senate Panel
• Obama Says SEC, White House Didn’t Discuss Goldman
• Along with SEC, other investigators and suits may target Goldman Sachs
• Obama Doesn’t Intend to Give Back Goldman Campaign Donations Read the rest of this entry »

Tags: Barack Obama, Campaign contributions, CDO, fraud, Gary Cohn, Goldman Sachs, lawsuits, Lloyd Blankfein, Politics, SEC, Subprime mortgages

• Paulson & Co tells investors it was ‘open’
• Paulson & Co. Says Its Role in Goldman CDO Was ‘Appropriate’
• Suspecting politics in Goldman Sachs charges, Rep. Issa asks SEC for information
• It’s Lloyd’s of Washington next week
• Goldman takes aggressive line on fraud claims after bumper profits
• Goldman mounts defense on SEC charges, saying clients knew its products well
• Goldman Sachs Says SEC Case Hinges on Actions of One Employee
• Bank Says Losses Prove No Ill Intent
• Goldman Sachs Donations Loom Over Republicans, Democrats Alike Read the rest of this entry »

Tags: CDO, fraud, Goldman Sachs, John Paulson, Lawsuit, Lloyd Blankfein, Paulson & Co, Politics, SEC, Subprime mortgages, Witchhunts

• Goldman Tops Forecast, With $3.46 Billion in Earnings
• Goldman Employees Rally Around Blankfein
• What the Committee Knew
• Goldman’s London Units Face Formal U.K. FSA Probe
• Financial News: FSA Goldman Probe May Spark Intl Crackdown
• Goldman Sachs CDO Lawsuit Split SEC Commissioners in 3-2 Vote
• The SEC’s Impeccable Timing
• AIG eyes action on Goldman over CDOs
• Goldman ‘Shenanigans’ to Be Barred by Bill, Dodd Says
• Kirk to Return Goldman Donations in Illinois Campaign Read the rest of this entry »

Tags: AIG, CDO, fraud, FSA, Goldman Sachs, Hedge funds, John Paulson, Lloyd Blankfein, Paulson & Co, Politics, SEC, Subprime mortgages, Witchhunts