Apr
11
2007
Citi is considering to buy a hedge fund, while everyone else on the street has had at least one already. The house that Sandy built sure does look like a slow stodgy follower. People often think the bigger is better, actually it is not true. Look at Goldman Sachs and Lehman, they are small but nimble and have been doing [...]
Apr
11
2007
It’s a rare night that few players showed up for work (badminton), lol. By 9pm, there were only four of us and we ended up playing 4 sets. Simon and I won 3:1. I complained about my knee, leg, arm … they all feel hurt one time or the other, lol… Simon said, take glocosamine, … [...]
Apr
11
2007
The headline screamed on FT … and Citi also began laying off 15-20k employees, out of 327,000 workforce. Thomson was sacked partly for his close relationship with the money honey Bartiromo.
Apr
11
2007
Woodie’s CCI club has many local chapters for the traders to meet. Local might not be appropriated since many are in other continents. But oddly enough, New York doesn’t have one, nor Chicago! Too sophisticated? I’ve floated the idea few times in the room, but the response was only lukewarm (I’m flattering myself here), actually was rather cold. [...]