Big Buttons Blog

My sarcasm about Bob is that of a somewhat experienced analyst, fiscal conservative, etc. etc. Apparently, I'm more analytical and conservative than the morons at Lehman Brothers, AIG, Citigroup, uh, duh, Goldman Sachs, (though they comically and sneakily bet against their own customers) Bear Stearns and the collective fools and nincompoops that are American Finance.

It's a common occurence to see the Big Shot Invest Bankers wearing weird large suspenders. Imagine that. The Ivy League B- School Nitwits have a crazy-assed sort of uniform. My buds at JP Morgan snicker that they have meetings with all types of Bankers and that you can measure the evil by the number and size of suspenders in the room. KKR, Brown and Brown...lots of suspenders.

These people are, of course, detached from the economy. They use other people's cash to buy
shit for themselves.
Old Story: Charles Merrill, Merrill Lynch founder, gave J.P. Morgan a tour of NY Yacht Club.
Merrill: "Business is good, look at all my brokers yachts!"
Morgan:"Where are all your customer's yachts?"
-That tale is pretty much the point.