LOL @ Bear Stern

Robert · 03-14-2008, 02:23 PM

Analysts said the news from Bear, which came just one day after investors had been soothed by a Standard & Poor's report that subprime mortgage-related write-downs are likely more than halfway done, suggested that the full impact of the global credit crisis has yet to be felt.

What do they know.

Full article: http://www.cnbc.com/id/23634348

iatacs19 · 03-14-2008, 02:35 PM

oh my...

jlspeed29 · 03-14-2008, 04:27 PM

can someone get me a job there!

willha418 · 03-14-2008, 04:35 PM

Thank god I didn't accept their job offer there but went to Merrill instead

IBD FTW!

mrwma237 · 03-14-2008, 05:52 PM

Quote:

Originally Posted by willha418

Thank god I didn't accept their job offer there but went to Merrill instead

IBD FTW!

You speak as if ML didn't write down billions of dollars in CDOs.

What job offer was offered to you? I'm curious.

ska///235i · 03-14-2008, 07:02 PM

so does this mean that rate can be lower and property value still going down ?

better save money to buy some cheap homes

jaiman · 03-14-2008, 07:44 PM

Quote:

Originally Posted by mrwma237

You speak as if ML didn't write down billions of dollars in CDOs.

What job offer was offered to you? I'm curious.

IBD = Investment Banking Division
335i = Analyst or Associate

Robert · 03-14-2008, 09:50 PM

Quote:

Originally Posted by willha418

Thank god I didn't accept their job offer there but went to Merrill instead

IBD FTW!

Hey,

How do you like your job? Can you give me a little description, and the likes and dislikes? I just got into couple mba programs but I haven't decided on the specialization, and I am considering finance. I am currently a senior engineer/project lead. PM me if you wish.

willha418 · 03-14-2008, 11:38 PM

Offered the same position at Bear (Analyst) for their IBD as well. It was tongue in cheek when I said I'm glad I didn't accept the offer there

Likes or dislikes about my job?

Pros: The money is not bad. Networking is great. The people I work with are true professionals and make a great team. They are paying for my MBA. etc.

Cons: Of course the long hours. Sometimes the Associates and MD's can be real a-holes during deadlines. Not getting paid enough yet to get a Ferrari

Robert · 03-16-2008, 03:38 AM

CA state fund is hurting badly from the devaluation of housing. Thousands of teachers are losing their jobs and this all stemmed from taking advantage of the poor and poorly educated. Now, we all suffer while the people responsible already reaped the windfalls from yester-year, and will be taking a nice vacation after layoffs.

Quote:

Originally Posted by Laszlo

I was saying the same thing to my Dad today. That just yesterday the news was that write-downs were in sight... and then today... bailout by the Fed... It's so bad right now I'm surprised public buses are still running.

All lies... you'd have to be a fool to believe the news these days.

txusa03 · 03-17-2008, 07:29 AM

and this is funny to the OP?

iatacs19 · 03-17-2008, 07:36 AM

sold overnight to JP Morgan for $236 million

CalZ4M · 03-17-2008, 07:59 AM

This is just the beginning people....

nissan · 03-17-2008, 11:41 AM

lol http://dealbreaker.com/images/thumbs/burnsmall.JPG

txusa03 · 03-17-2008, 12:08 PM

Quote:

Originally Posted by txusa03

and this is funny to the OP?

Quote:

Originally Posted by nissan

lol http://dealbreaker.com/images/thumbs/burnsmall.JPG

ok, that is funny, I guess in times like this, we all need a good

Nothing we can do at the moment but take care of our own financial responsibility.

CalZ4M · 03-17-2008, 02:06 PM

Quote:

Originally Posted by Laszlo

I’ve always said that commodities were overblown, including oil, wheat, copper, etc. and just yesterday the insiders are saying it’s a buying orgy and it’s going to be the next big collapse.

I say good, because it’s all greed and for instance gas demand is it’s lowest in 16 years, inventories are maxed, but oil is still going up. Something wrong with this picture?

Yes… better get out now or you’re going to get screwed.

In the immortal words of Randolph Duke "get back in there and SELL, SELL..."

OC Guy · 03-18-2008, 04:34 PM

Quote:

Originally Posted by Laszlo

I’ve always said that commodities were overblown, including oil, wheat, copper, etc. and just yesterday the insiders are saying it’s a buying orgy and it’s going to be the next big collapse.

I say good, because it’s all greed and for instance gas demand is it’s lowest in 16 years, inventories are maxed, but oil is still going up. Something wrong with this picture?

Yes… better get out now or you’re going to get screwed.

Buy Low, Sell High.

mrwma237 · 03-18-2008, 05:03 PM

I don't see the price per barrel dipping anytime soon..

keep in mind.. 1USD/.64EUR , $ depreciating even vs yen, ..

grumpybear · 03-18-2008, 07:06 PM

Quote:

Originally Posted by CalZ4M

In the immortal words of Randolph Duke "get back in there and SELL, SELL..."

...classic

03-14-2008, 02:23 PM	#1
Robert Major General 427 Rep 6,968 Posts Drives: 135i -> is350 -> Tesla M3 perf Join Date: Aug 2005 Location: Socal iTrader: (1)	LOL @ Bear Stern Analysts said the news from Bear, which came just one day after investors had been soothed by a Standard & Poor's report that subprime mortgage-related write-downs are likely more than halfway done, suggested that the full impact of the global credit crisis has yet to be felt. What do they know. Full article: http://www.cnbc.com/id/23634348
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03-14-2008, 02:35 PM	#2
iatacs19 Major General 475 Rep 5,319 Posts Drives: 2016 SO M4 Join Date: Sep 2006 Location: Washington, DC iTrader: (8)	oh my... __________________ If only BMWCCA Referral: 385628
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03-14-2008, 04:27 PM	#3
jlspeed29 Major 500 Rep 1,389 Posts Drives: F80 SO ZCP CCB Join Date: Aug 2007 Location: Somewhere along PCH... iTrader: (0) Garage List 2008 335 coupe [8.00]	can someone get me a job there! __________________ A fisherman always sees another fisherman from afar
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03-14-2008, 04:35 PM	#4
willha418 Private First Class 5 Rep 169 Posts Drives: E92 335i Join Date: Oct 2007 Location: Huntington Beach, Ca iTrader: (0)	Thank god I didn't accept their job offer there but went to Merrill instead IBD FTW!
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03-14-2008, 07:02 PM	#6
ska///235i ***** noob 1402 Rep 10,477 Posts Drives: 325xi>M235i>428GCx Mspor Join Date: Sep 2005 Location: Boston iTrader: (34) Garage List 2006 325xi [0.00]	so does this mean that rate can be lower and property value still going down ? better save money to buy some cheap homes __________________ 2006 325xi (Sold) 2014 M235I (Current) 2015 428xi Gran Coupe (STB)
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03-14-2008, 11:38 PM	#9
willha418 Private First Class 5 Rep 169 Posts Drives: E92 335i Join Date: Oct 2007 Location: Huntington Beach, Ca iTrader: (0)	Offered the same position at Bear (Analyst) for their IBD as well. It was tongue in cheek when I said I'm glad I didn't accept the offer there Likes or dislikes about my job? Pros: The money is not bad. Networking is great. The people I work with are true professionals and make a great team. They are paying for my MBA. etc. Cons: Of course the long hours. Sometimes the Associates and MD's can be real a-holes during deadlines. Not getting paid enough yet to get a Ferrari
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03-17-2008, 07:29 AM	#11
txusa03 Major General 564 Rep 6,563 Posts Drives: TS330iPPSP6MT Join Date: Jul 2005 Location: Planet Earth iTrader: (3)	and this is funny to the OP? __________________ under construction!
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03-17-2008, 07:36 AM	#12
iatacs19 Major General 475 Rep 5,319 Posts Drives: 2016 SO M4 Join Date: Sep 2006 Location: Washington, DC iTrader: (8)	sold overnight to JP Morgan for $236 million __________________ If only BMWCCA Referral: 385628
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03-17-2008, 07:59 AM	#13
CalZ4M Private 0 Rep 65 Posts Drives: 2007 Z4M Coupe Join Date: Feb 2008 Location: New Jersey iTrader: (0)	This is just the beginning people....
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03-17-2008, 11:41 AM	#14
nissan Lieutenant 54 Rep 523 Posts Drives: 2015 M6 GC CP Join Date: Mar 2007 Location: DFW iTrader: (4)	lol http://dealbreaker.com/images/thumbs/burnsmall.JPG
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03-18-2008, 05:03 PM	#18
mrwma237 Polytech Trooper 49 Rep 190 Posts Drives: 2018 F36 440i Gran Coupe Join Date: Dec 2007 Location: 310/South Bay Beach Cities Los Angeles iTrader: (0)	I don't see the price per barrel dipping anytime soon.. keep in mind.. 1USD/.64EUR , $ depreciating even vs yen, .. __________________ Drive w/ Passion Bucket!
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