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Recent The Snickerers: Wall Street Gossip and Blogs



Write-Offs: 03.19.10

$$$ Chris Dodd Asks Department Of Justice To Probe Lehman Repo 105 And “Other” Accounting [ZH] $$$ AIG CDOs Sold to Federal Reserve Placed on Review for Downgrade by Moody’s [Bloomberg] $$$ Goldman Sachs Sued for Not Divulging Madoff Ban to Investor [Law.com] $$$ Fallen trader has... (original story)

Howard Marks Is Depressed

About the government. I’d Rather Be Wrong – 031710 United States - Counties - Government - President - Northern California (original story)

An Example Of What’ll Get You Fired From Lehman Brothers

It’s not just chinos and pieces on the side. Another thing that made the Gorilla table flippingly mad was uppity pipsqueaks who dared to mention concerns about the firm committing fraud. Via the WSJ, here’s the letter that got whistle-blower Matthew Lee fired. He won’t make that... (original story)

Opening Bell: 03.19.10

Alarm Was Raised On Lehman (FT) Former Merrill Lynch officials said they contacted regulators about the way Lehman measured its liquidity position for competitive reasons. The Merrill officials said they were coming under pressure from their trading partners and investors, who feared that Merrill wa... (original story)

Alan Greenspan Admits Some Balls Were Dropped During His Tenure At The Fed

Alan Greenspan has written a book report that he will present at the Brookings Institution tomorrow. Some are calling it his “most detailed examination of the causes of the financial crisis.” Does he lay out his patented 3-Step Guide For Being Fed Chair (1. Talk like you know your shit,... (original story)

Let It Be Known, Larry Summers Does NOT Appreciate Being Referred To As A ‘Little Punk’

Earlier today we mentioned that House Minority Leader John Boehner had some advice for any bankers headed to Washington hoping to fight financial reform. His advice was simply this: “Don’t let those little punk staffers take advantage of you and stand up for yourselves.” The reaction ... (original story)

Let’s Have A Serious Discussion (About Tiger’s Texts)

There’s nothing going on today but even if that weren’t the case, I’d still be asking you to gather ’round so we can have some Real Talk about Tiger’s supposedly scandalous texts to one of his 845 pieces on the side. Joslyn James (pictured) has released a bunch of mess... (original story)








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