New York State Attorney General Andrew Cuomo is none too happy with $4 billion in recent Merrill Lynch bonuses!
Enjoy:
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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February 12th, 2009 at 3:48 pm
If your hedge fund has collapsed, the bank foreclosed on your mansion and the Bentley’s been repossessed, don’t worry, you can still toast the new year with caviar.
Well, fake caviar. Waitrose supermarket chain in Britain is selling something it calls Arenkha MSC with a similar texture and taste to the much-prized sturgeon roe but at a fraction of the price. It says it combines “smoked herring with squid ink, lemon juice and spices.
LOL
February 12th, 2009 at 3:48 pm
How soon before he launches his bid for governor?
February 12th, 2009 at 3:49 pm
I’ll care when I see holds put on their personal accounts. Until then, it’s all smoke and mirrors.
February 12th, 2009 at 3:52 pm
Kinda makes the “Quote of the day” ( and Keynes in particular ), look ridiculous.
February 12th, 2009 at 4:50 pm
Get it back, put them in jail and he should be governor.
February 12th, 2009 at 7:07 pm
Spitz can come back as AG, if he’s had enough candy….