Sunday, 12 December 2010

Meet Morgan Stanley's Alexis Roderick, Billy Joel's New Girlfriend


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Friday, December 10, 2010
alexis-roderick Meet Morgan Stanley's Alexis Roderick, Billy Joel's New Girlfriend

Twenty-nine year old Alexis Roderick, a Morgan Stanley Senior Risk Officer, is dating Billy Joel.

The singer decided to go public about his relationship with Roderick Wednesday, although we've been speculating about it for awhile.
Read »
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You're Fired Merrill Lynch Will Fire Aging Advisors Who Don't Bring In More Than $250,000 Per Year

Beginning at the end of next year, Merrill Lynch advisors with ten or more years experience, who fail to produce at least $250,000 in annual client commissions and fees, will be demoted, Financial Advisor reported. Those who don't make the cut will either be told to leave entirely, or ousted to a lower-ranking position such as a client associate.  Read »
jc davies "I Got The Fever": Ex-Goldman Sachs Analyst Authors Book On Cougar Sex And Interracial Dating

JC Davies was an equity research analyst at Goldman Sachs and then at RIM Securities before she lost her job in finance in the fall of 2008. Quite the fire-cracker, 40-something year old Davies, instead of scrounging around for another Wall Street gig, decided to write a self-help book. On sex.  Read »
prince william trade Prince William Breaks The Record For The Biggest ForEx Trade Ever

Prince William broke the record for the biggest FX trade with a voice-brokered, forward transaction, the Telegraph reported. William brokered a ~$22 billion FX trade between Barclays and Credit Suisse on the phone at the ICAP London office on Wednesday. And he had SO much fun doing it.  Read »
Andy Hall's Trading Unit Comes Back And Is Up 2% This Year

Andy Hall's trading team at Occidental appears to have turned things around since July, when Occidental's CEO, Ray Irani, told investors that Phibro accounted for the bulk of its missed earnings.  Read »
Billionaire Hedge Fund Manager Tom Steyer On Al Gore's Ethanol Flip-Flop: DUH!

For years, Al Gore has been criticized for the pop-green environmentalism he espoused in the epic documentary, The Inconvenient Truth. Here's an example of the many reasons why.  Read »
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Joel Greenblatt Is Selling Out, Starting Two Mutual Funds

Joel Greenblatt, the former hedge fund manager of Gotham Capital, is launching two mutual funds. Apparently there's been a lot of demand for Greenblatt to launch a mutual fund ever since he wrote the book, "The Little Book That Beats The Market."  Read »

Morgan Stanley Is Cutting Bonuses By 10% to 25%

Morgan Stanley told its executives to prepare to budget between 10% to 25% less for bonuses this year, the Wall Street Journal reported. The cuts will likely affect traders, back-office staff and other bank employees, but strong performers in the i-banking division and in equity capital markets might be exempt.  Read »

John Kinnucan: SAC Capital's Michael Steinberg Was NOT Who I Was Asked To Record

SAC Capital's Michael Steinberg is not the individual the FBI asked expert consultant John Kinnucan to record, says Kinnucan, contradicting a December 7th report in the Wall Street Journal. The huge insider investigation underway has named (marred) only a few individuals at some of the 12 firms subpoenaed by the FBI.  Read »

Outrage In Ireland: As Bailed Out AIB Hands Out $50+ Million In Bonuses

AIB Bankers will be paid €40m in salary bonuses this year – exactly six months after Brian Lenihan said: "We can't go back to those mad bonuses." The news that AIB is to hand out the massive Christmas bonus – averaging around €16,700 to each of 2,400 'key' staff – has been greeted with derision in the week that €6bn of cuts and taxes were announced in Budget 2011.  Read »


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