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There Are Only 6,300 People Watching This, No Need To Run A Comb Through...

In this new ‘Happy Hour’ bit called ‘Backseat Broker,’ Cody Willard, completely disheveled and visibly drunk, rides around town trying to find someone who’ll get in a cab with him and “talk about...

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The CDX And The Whale

The OCC report on bank derivative activities is rarely what you would call a laugh riot but I enjoyed that the 2Q2012 one released today gives the London Whale a belated sad trombone: Commercial banks...

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Deutsche Bank Ignored Some “Losses” Until They Went Away

Oh man, what is going on in this FT article? Here is the bottom line: In a series of complaints to US regulators, two risk managers and one trader have told officials that Deutsche had in effect hidden...

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Senate Subcommittee Feasting On Whale Today

When I got the Senate Permanent Subcommittee on Investigations report on the London Whale last night, I did what any sensible human would do: I ctrl-F’ed for my name and the names of my friends and...

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