Who was the big winner in the compensation game at Bank of America for 2009? Apparently it was Heidi Montag, who received nearly $30 million in cash, stock and plastic surgery. Oh, wait, sorry. I mean it was Thomas Montag, their president of global banking and markets who came over in the Merrill deal. I [...]
Entries from February 27th, 2010
$BAC Salary Roundup: Montag $30 Mil, Kennay “More Than You”
February 27th, 2010 · 2 Comments · all ur bankz
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California $*$ Bans Swearing!
February 25th, 2010 · 11 Comments · fail
For ^#$#% real, Cali? A law against “cuss words”? The state Assembly passed a resolution today making the first week of March “Cuss Free Week.” If approved by the state Senate, it will take effect immediately. While lawmakers acknowledge that there is no actual enforcement in the resolution, they say this will promote “greater harmony [...]
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From Bad To Hella(s)-Bad
February 25th, 2010 · 1 Comment · Uncategorized
Haha, so Greece, right? Bad enough that the country might or might not default, or that certain Wall Street banks (who shall remain anonymous) brokered deals to help the country mask how horribly it was doing; now it’s come to light that those same banks helped set up an index whose sole purpose was to [...]
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No More Hummers
February 24th, 2010 · 2 Comments · fail
It looks like GM has failed to sell off yet another of its well-recognized brands, as Chinese regulators leave the Hummer deal dead in the water: Hummer, the off-road vehicle that once symbolized America’s love for hulking SUVs, has hit a dead end after its sale to a Chinese heavy equipment maker collapsed late Wednesday. [...]
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Quick Headline Edit – Lending Falls
February 24th, 2010 · 3 Comments · all ur bankz
Lending, ur doin it rong? Banks aren’t lending, and the loans that are still out there are starting to look a) ugly and b) like their mother dresses them funny: Besides registering their biggest full-year decline in total loans outstanding in 67 years, U.S. banks set a number of grim milestones. According to the FDIC, [...]
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