Write-Offs: 09.03.10
$$$ “Things To Do For Your Career This Labor Day Weekend” include “start a blog” and “become a human.” [FINS]
$$$ Buy Jamie Dimon’s Chicago House For Just $6.95 Million (much less than the $13.5 million he originally wanted and just a smidge more than the $4.875 million he paid for it in 2004) [CBB]
$$$ How…
Goldman Sachs Winding Down Principal Strategies Unit
The bank plans to hold off on announcing the wind-down while the 65 to 70 members of the global unit seek new jobs, the people said. Some traders and support staff may get roles within the firm. Earlier plans for most members of the Principal Strategies group, led by Hong Kong-based Morgan Sze, to leave…
Class Is In Session, With Professor Bartiromo
Have you ever found yourself watching Closing Bell on CNBC and cursing the fact that it’s only two hours? Wishing you could get more of Maria Bartiomo’s market moving insight? If you’re a Stern student, now you can. The noted business is sharing her wisdom this semester, in a seminar called “Global Markets and Normative…
Tim Geithner Interrupts Tense Moments With (Involuntary?) Cursing, Giggles
“Tim was organized and low-key, although given to occasional bursts of profanity and odd fits of giggling,” claims Steve Rattner in his new autobiography, which he also writes that JPMorgan vice-Chairman Jimmy Lee is something of a “crybaby” and describes Sheila Bair as a “small, trim woman about my age with brown hair, brown eyes,…
Write-Offs: 09.02.10
$$$ Bernanke Defends Record On Lehman
[WSJ]
$$$ Obama’s Too Small Steps On The Economy [TDB]
$$$ Paolo Pelligrini: The US Continues To Dig Its Hole Deeper [BI]
$$$ Bedbugs Make Selves Home In Greenwich [GT]
$$$ Russian Girls Invade Hamptons In Hopes Of Becoming Trophy Wives [TDB]
Bonus Watch ‘10: Girding Of Loins At Morgan Stanley?
From the mail bag:
“People quitting all over the place here. Lots of guys leaving sales/trading/research, mostly for hedge funds, probably because none of us are getting paid this year. Management setting expectations very low.