Author Archive

BNP Paribas knows what we’re talking about.

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Greg Palm doesn’t have time for them, nor does the NY Fed for employees trying perform the job they were hired for, alleges a lawsuit filed today.

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…which would explain why they recorded the incident and then uploaded the whole thing to the internet.

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New Yorkers of Middle Eastern descent post-9/11. The homeless in Manhattan during the Giuliani regime. Black and Hispanic people under the Stop ‘n Frisk era. All groups that have suffered intense discrimination one would not wish on their worst enemy. And yet, while many an advocacy group has stood up for the aforementioned, nary a whisper in defense has been made on behalf of a class of people who’ve arguably been the most harshly prejudged. The most victimized. The most misunderstood and abused. And since no one has cared to look beyond their exquisite breasts, toned asses, multi-million dollar wardrobe allowances, and engagement rings the size of many people’s apartments, to see past the veneer, sisters have had to do it for themselves, today, in the pages of the Post. They are the self-described Trophy Wives 2.0 and they’re here to “redefine” the term “trophy wife” as it currently appears in the Oxford English dictionary.

Let’s start with Stephanie Adams, and a story that, if you’ve got any ounce of a soul at all, will rock you to the core and have you dialing up the NYCLU faster than one can say, through tears, “My shopping trip was ruined. Ruined!”

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The House of Moynihan has had to cut ties with some of its own.

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Whether you’re on Amtrack, Metro-North, NJ Transit, Chicago’s Metra, or the lawless LIRR, the rules of the quiet car stand: thou shalt not blast music so loud that people can hear it through your headphones, carry on an indoor conversation in an outdoor voice, and, most importantly, never, ever call someone on your cell phone and proceed to give them and, by extension, the rest of the car, the rundown of your entire day, including a detailed account of how you “marched into the boss’s office and told him, ‘I’ll get you the damned TPS report when I’m good and ready!’”

And yet, day in and day out people violate these rules we hold so dear in flagrante. For example, this guy.

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If you took a random poll of family, friends, colleagues, and strangers on the street, asking them how they’d feel about going to prison, the majority if not all of them would probably say, “Not good.” For most people, prison is a place to steer clear of, for all the reasons you can think of (living in a cell, isolation from the outside world, bad food, low paying jobs, daily risk of sodomy) and probably some you can’t.

Not too long ago, hedge fund manager Raj Rajaratnam counted himself among those who for whom jail time was something to avoid (if not by being an upstanding, law-abiding citizen than by hiring a high-priced attorney to try and get him off after being charged with 14 counts of conspiracy and securities fraud). But now? After having served 21 months of his eleven-year sentence? Raj can honestly say that this prison is great.

And not because hard time forced him to take a serious look at his life or to think about what he’d done or change himself for the better or any of that metamorphosis type crap, but because minus the not being allowed to leave the grounds rules? Raj’s life in prison is arguably better than his life on the outside, which did not include servants or a 34 inch waist.

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Yesterday the computer at Goldman Sachs responsible for trading options whose symbols start with the letters H through L traded a bunch of options at the wrong prices and put Goldman out by a hundred million dollars or so. Today various exchanges are sitting down and pondering whether to give Goldman that money back. This strikes some people as unfair because, y’know, hahaha Goldman you screwed up, but also because someone was on the other side of those trades, made a profit, hedged it out, and will now be sad and possibly screwed when it is unwound.1

Which all seems pretty justified, and the image of a bunch of exchange operators getting together and being all “better cancel these trades, it’s Goldman, don’t want to make them mad” is in fact disturbing. However! That is not apparently what is happening. From Bloomberg:

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Michael Penn has vowed to stay put until someone makes him an offer.

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Get a jump on packing up your belongings, because according to Whitney, 100,000 of you are done here.

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