WaMu – the zombie bank that won’t die. One of the many, many class action lawsuits – a multibillion-dollar one – over the WaMu deal may be going to trial, and a Seattle-area newspaper has spent some time digging into both executive misconduct and whether or not Sheila Bair undermined attempts to sell WaMu for [...]
Entries from October 31st, 2009
Happy Halloween!
October 30th, 2009 · No Comments · links
I’m a day early with the bandit pumpkin, but for most of us I think the festivities are starting today/tonight anyhow. A few things scaring me this morning: – Ethics report leaked onto internets, reveals investigation of Maxine Waters, others. – Cash for clunkers’ real cost – $24k a car (h/t TakeAReport) – CEO trick-or-treat! [...]
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Jamie Dimon’s Package
October 28th, 2009 · 2 Comments · breaking news
Sexy can I wear tight pants in my high school yearbook? If you’re Jamie Dimon, sexy yes you can. Oh, when I said “package,” did you think I was talking about compensation? Gawker has a lot of shots of JPMorgan’s man on top, if you need some fun late-night/early-morning (depending on when you’re catching this [...]
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This Is How You End Up With Bandits
October 28th, 2009 · 1 Comment · all ur bankz, fail
What’s worse than having Ken Lewis as your CEO? Trying to find someone to replace Ken Lewis as your CEO. While the news of Lewis’ looming leave was met with cheers by everyone except his wife, when it comes to finding volunteers to take his office, the peanut gallery is surprisingly quiet. The board was [...]
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Alan Grayson: The Fed’s A Bitch And Bernanke’s Its Pimp
October 27th, 2009 · 2 Comments · breaking news
We like Fed critics around here, so we like Alan Grayson for the most part. However, we are also thinking of taking up a collection to purchase him a thesaurus after he referred to Fed adviser Linda Robertson as a “K Street whore”: The National Republican Congressional Committee is circulating YouTube audio of a U.S. [...]
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