Wall Street Folly

2200 page Lehman Examiner’s report: Lots of blame to go around including top execs, Were they insolvent weeks before filing?; EU defends its position on hedge fund rules after Geithner criticism; Obama said to want Yellen for Fed Vice Chairman; AIG still trying to get ex-employees to pony up at least part of those already paid bonuses; Tiger Woods reportedly to make comeback at Masters

Posted by WSF On March - 12 - 2010
  • Report Details How Lehman Hid Its Woes as It Collapsed
  • British law firm cleared way for Lehman cover-up
  • Lehman report lays wide blame for failure
  • EU rebuff for Geithner over rules on hedge funds
  • Obama Plans to Tap Yellen for Fed Vice Chairman
  • AIG Said to Query Bonus Holdouts on Pay in Push for Concessions
  • Reports: Tiger Woods likely to return from hiatus at Masters Read the rest of this entry »

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WSF

Those new pay limits: AIG may see an exodus. Ya think?; UBS came off most damaged in credit crisis according to survey; Father of Citigroup, Sandy Weill’s Op Ed on how to stimulate the economy; ING selling assets; Peltz gets a Legg up; Twittering and other social networking sites costing businesses a bundle; Go Yankees!; MJ’s ‘This Is It’ set to bank

Posted by WSF On October - 26 - 2009
  • AIG May Face More Defections as Feinberg Limits Executive Pay
  • UBS came off worst in crisis
  • Sandy Weill Op Ed: Six Steps to Revitalize the Financial System
  • U.S. Stocks 40% Too High, Set to Fall, Smithers Says
  • ING to Raise $11.3 Billion, Sell Insurance Units
  • Peltz Grabs Stake in Mutual Fund Firm Legg Mason Read the rest of this entry »

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AIG, WSF

Blow the dust off your resumes! Morgan Stanley saud to be hiring!; Depleted FDIC looks for bank buyers; Fed assets increase 2.3%; The rich get richer? Not anymore; Biovail lawsuit against SAC Capital finally thrown out; AIG throws water on Madoff lawsuit; Switzerland sells UBS stake for tidy profit; Under water mortgages hit record high; Chicago Cubs definitive sale agreement near

Posted by WSF On August - 21 - 2009
  • Morgan Stanley In Hiring Push To Jump-Start Trading
  • F.D.I.C. Seeks to Attract More Buyers of Banks
  • Fed Assets Increase 2.3% on Buying of MBS, Treasuries
  • Rise of the Super-Rich Hits a Sobering Wall
  • Biovail Suit Against SAC Capital Thrown Out by Judge
  • AIG Says Madoff Suit Without Merit
  • Switzerland Sells Stake in UBS for a Profit Read the rest of this entry »

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WSF

More must see TV: Jon Stewart lampoons the rise and fall of Lenny “Nails” Dykstra on The Daily Show. And he ties it neatly into another a Jim Cramer mockfest

Posted by WSF On July - 15 - 2009

This is WAY too funny.  Jon Stewart gets two lampoons in for the price of one on last night’s ‘The Daily Show’.  He looks at Lenny Dykstra’s rise and fall, from his days as a brainless foul mouthed jock (what the hell was he chewing?….classy!) to financial guru living the high life in his multi-million dollar estate to bankrupt delusional.  And then Stewart ties it up with a big bow mocking his old buddy Jim Cramer who’s shown ridiculously and earnestly praising Dykstra on his show as “A guy who is applying the same skills to money that he applied to sports.  It’s brilliant!”….”Not only is he sophisticated but he is one of the great ones in this business”.

Don’t miss this one.  It’s pretty hilarious.

Yesterday’s Daily Show ‘must see tv’

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Bankruptcy, Jim Cramer, Videos, WSF

Bankruptcy schadenfreude: Lenny Dykstra files chapter 11 and TMZ gloats a bit

Posted by WSF On July - 9 - 2009

The Ex-Met star turned entrepreneur filed Chapter 11, listing assets less than a paltry $50K and liabilities of between $10 – $50 million. Read the rest of this entry »

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Bankruptcy, WSF

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