The discussion is extremely well-informed. CDOs, CDS, SIVs, ratings agencies and securitization are topics. A+ satire.
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If President Obama being from Kenya can say he was born in Hawaii and then became US President then why can’t I being a Mexican living in the US can say I am from the Outback and run for Aussie PM? I love Outback Steakhouse and shrimps on the barbie but with tortillas. He he he…
Said with tongue in cheek….
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The World’s Greatest Business Mind Announced After an exhaustive search spanning thousands of nominees from five continents, the International Collective Council of Excellence has announced this year’s World’s Greatest Business Mind to universal acclaim and fanfare. The decision was unanimous despite the fact the world-class shortlist comprised such well-known names as Steve Jobs, Warren Buffett, Bruce Wayne, George Soros, and that kid who invented facebook. http://www.ForexTradingBank.com
The campaign to ‘Save Dave’ Kiely is over. Mission accomplished.
The Macquarie client investment manager was sent home from work last week, after being seen live on TV opening semi-nude pics of Australian supermodel Miranda Kerr.
But our campaign to make sure Dave retained his job was ultimately successful, as Macquarie has now confirmed Dave won’t be fired over the incident.
And the good news about this ‘scandal’ is that everyone appears to have come out winners. Let’s look at the final tally sheet:
David Kiely got to keep his job
Macquarie Bank got loads of free publicity, and came out as ‘good guys’ in the end
Hits to model Miranda Kerr’s website apparently increased over 100-fold last week
GQ magazine’s pictures were seen all around the world
Here Is The City’s readership hit new highs
And the banking community showed that its members are human after all by rallying around to help save one of its own.
A big ‘thank you’ to everyone who took place in the campaign.
Macquarie Bank is said to have launched an investigation after a trader was seen on live TV opening up photos on his work PC monitor of a scantily-dressed Miranda Kerr, the Australian supermodel.
http://news.hereisthecity.com/news/business_news/9897.cntns
reposted here by Francisco Martinez www.roustech.com
Reposted here by Francisco Martinez www.RousTech.com
That’s what you could conclude, if you compare investment banking pay with compensation paid to sports stars. And respected Rochdale Securities bank analyst Richard Bove has done just that.
According to the New York Times DealBookcolumn, Bove’s recent note ‘Financial Execs Underpaid ?’ points out that golf superstar Tiger Woods bagged $128m last year, while Merrill CEO John Thain ‘only’ got $83m in 2007 (the last decent year for the industry). Bove also mentions that the average N.B.A basketball player makes around $5m-a-year, while the ‘average’ staffer at Goldman Sachs is thought likely to bag $800,000 this year. Having said that, golfers and basketball players don’t tend to do things that screw up the global economy!
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http://news.hereisthecity.com/news/business_news/9388.cntns
make your own here http://www.worldsgreatestbusinessmind.com/-Francisco-Martinez-create.html
