Dealbreaker

Dealbreaker http://dealbreaker.com Wall Street Insider – Financial News, Headlines, Commentary and Analysis - Hedge Funds, Private Equity, Banks Wed, 16 May 2012 23:46:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 40.72596-73.998345http://creativecommons.org/licenses/by-nc-nd/3.0/dealbreakerhttp://feedburner.google.comWrite-Offs: 05.16.12http://feedproxy.google.com/~r/dealbreaker/~3/_VLGzAHOTX4/ http://dealbreaker.com/2012/05/write-offs-05-16-12/#comments Wed, 16 May 2012 23:46:32 +0000 Dealbreaker http://dealbreaker.com/?p=76419 <p>$$$ How JPMorgan’s storm in a teapot grew [FT] $$$ And more on JPM’s likely tranche trades [FTAV] $$$ ECB stops operations with some Greek banks [Reuters] $$$ Greeks urged to run poll as euro vote [FT] $$$ Paulson Pitches AngloGold Ashanti and Caesar’s [DealBook] $$$ Martin Marietta Falls Most Since 2008 After Einhorn Criticism…</p><p><strong><a href="http://dealbreaker.com/2012/05/write-offs-05-16-12/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /> <p><a href="http://feedads.g.doubleclick.net/~a/SpCn530WDycN196J6PIm2HoCO_A/0/da"><img src="http://feedads.g.doubleclick.net/~a/SpCn530WDycN196J6PIm2HoCO_A/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/SpCn530WDycN196J6PIm2HoCO_A/1/da"><img src="http://feedads.g.doubleclick.net/~a/SpCn530WDycN196J6PIm2HoCO_A/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/_VLGzAHOTX4" height="1" width="1"/> http://dealbreaker.com/2012/05/write-offs-05-16-12/feed/ 0 http://dealbreaker.com/2012/05/write-offs-05-16-12/ Layoffs Watch ’12: JPMorganhttp://feedproxy.google.com/~r/dealbreaker/~3/uVhrtI1geis/ http://dealbreaker.com/2012/05/layoffs-watch-12-jpmorgan-4/#comments Wed, 16 May 2012 22:07:45 +0000 Bess Levin http://dealbreaker.com/?p=76499 <p>Some people are <a href="http://dealbreaker.com/2012/05/jpmorgan-isnt-ready-to-let-bruno-iksil-go/">keeping</a> their London-based gigs (for now) and some people are not.</p><blockquote><p>JPMorgan Chase, the biggest U.S. lender by assets, will eliminate 20 investment-banking jobs in London as market conditions weaken, according to a person with knowledge of the cuts. The staff cuts aren’t related to the $2 billion loss at the New York-based company’s chief investment office in London, said the person, who asked for anonymity because the investment bank reductions haven’t been made public.</p></blockquote><p>[<a href="http://www.bloomberg.com/news/2012-05-16/jpmorgan-said-to-eliminate-20-investment-banking-jobs-in-london.html">Bloomberg</a>]</p><p><strong><a href="http://dealbreaker.com/2012/05/layoffs-watch-12-jpmorgan-4/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/good-byes/">good-byes</a>, <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/layoffs/">Layoffs</a>, <a href="http://dealbreaker.com/tag/london/">London</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/aKojZ3aVeDBoNRDafrfJJE-Ou3g/0/da"><img src="http://feedads.g.doubleclick.net/~a/aKojZ3aVeDBoNRDafrfJJE-Ou3g/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/aKojZ3aVeDBoNRDafrfJJE-Ou3g/1/da"><img src="http://feedads.g.doubleclick.net/~a/aKojZ3aVeDBoNRDafrfJJE-Ou3g/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/uVhrtI1geis" height="1" width="1"/> http://dealbreaker.com/2012/05/layoffs-watch-12-jpmorgan-4/feed/ 4 http://dealbreaker.com/2012/05/layoffs-watch-12-jpmorgan-4/ European Banks Want To Make Rating Agencies Stupiderhttp://feedproxy.google.com/~r/dealbreaker/~3/NoFM36T0Vj4/ http://dealbreaker.com/2012/05/european-banks-want-to-make-rating-agencies-stupider/#comments Wed, 16 May 2012 21:53:58 +0000 Matt Levine http://dealbreaker.com/?p=76498 <p>It’s sort of easy these days to worry about banks. Banks do worrying things, etc. Bankers are only human and sometimes they get things wrong. Arguably those errors are systematically biased in favor of risk, what with the bankers being incentivized by asymmetric incentives and so forth. One thing that could help you sleep at…</p><p><strong><a href="http://dealbreaker.com/2012/05/european-banks-want-to-make-rating-agencies-stupider/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/banks/">Banks</a>, <a href="http://dealbreaker.com/tag/rating-agencies/">Rating agencies</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/LKTeQnyV2lBDnUK8hfE65SL5wNc/0/da"><img src="http://feedads.g.doubleclick.net/~a/LKTeQnyV2lBDnUK8hfE65SL5wNc/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/LKTeQnyV2lBDnUK8hfE65SL5wNc/1/da"><img src="http://feedads.g.doubleclick.net/~a/LKTeQnyV2lBDnUK8hfE65SL5wNc/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/NoFM36T0Vj4" height="1" width="1"/> http://dealbreaker.com/2012/05/european-banks-want-to-make-rating-agencies-stupider/feed/ 1 http://dealbreaker.com/2012/05/european-banks-want-to-make-rating-agencies-stupider/ David Einhorn Puts Martin Marietta Materials On Notice, Gives GJF.NO His Blessinghttp://feedproxy.google.com/~r/dealbreaker/~3/bLfZoYDo5IM/ http://dealbreaker.com/2012/05/david-einhorn-puts-martin-marietta-materials-on-notice-gives-gjf-no-his-blessing/#comments Wed, 16 May 2012 19:56:23 +0000 Bess Levin http://dealbreaker.com/?p=76494 <p>Einhorn says he has a lot of stocks to talk about, starts with Martin Marietta Materials, which he says has “lots of problems.” Einhorn calls MLM CEO a “degree in megalomania”…Einhorn just pulled out a magic wand and I’m pretty sure made a Harry Potter reference. And he’s onto talking global economies. He’s talking up…</p><p><strong><a href="http://dealbreaker.com/2012/05/david-einhorn-puts-martin-marietta-materials-on-notice-gives-gjf-no-his-blessing/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/david-einhorn/">David Einhorn</a>, <a href="http://dealbreaker.com/tag/gjf-no/">GJF.NO</a>, <a href="http://dealbreaker.com/tag/greenlight-capital/">Greenlight Capital</a>, <a href="http://dealbreaker.com/tag/harry-potter/">Harry Potter</a>, <a href="http://dealbreaker.com/tag/hedge-funds/">Hedge Funds</a>, <a href="http://dealbreaker.com/tag/ira-sohn-research-investment-conference/">Ira Sohn Research Investment Conference</a>, <a href="http://dealbreaker.com/tag/magic-wands/">magic wands</a>, <a href="http://dealbreaker.com/tag/martin-marietta/">Martin Marietta</a>, <a href="http://dealbreaker.com/tag/megalomaniacs/">megalomaniacs</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/B_m-EOMXDI-_RcounpAHFyiQ4n4/0/da"><img src="http://feedads.g.doubleclick.net/~a/B_m-EOMXDI-_RcounpAHFyiQ4n4/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/B_m-EOMXDI-_RcounpAHFyiQ4n4/1/da"><img src="http://feedads.g.doubleclick.net/~a/B_m-EOMXDI-_RcounpAHFyiQ4n4/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/bLfZoYDo5IM" height="1" width="1"/> http://dealbreaker.com/2012/05/david-einhorn-puts-martin-marietta-materials-on-notice-gives-gjf-no-his-blessing/feed/ 12 http://dealbreaker.com/2012/05/david-einhorn-puts-martin-marietta-materials-on-notice-gives-gjf-no-his-blessing/ JPMorgan Isn’t Ready To Let Bruno Iksil Gohttp://feedproxy.google.com/~r/dealbreaker/~3/O_lItUINlw0/ http://dealbreaker.com/2012/05/jpmorgan-isnt-ready-to-let-bruno-iksil-go/#comments Wed, 16 May 2012 19:01:08 +0000 Bess Levin http://dealbreaker.com/?p=76482 <p><a href="http://dealbreaker.com/?attachment_id=76483" rel="attachment wp-att-76483"><img class="alignright size-medium wp-image-76483" title="notyet" src="http://dealbreaker.com/uploads/2012/05/notyet-260x156.jpg" alt="" width="260" height="156" /></a>You can take your <a href="http://dealbook.nytimes.com/2012/05/16/london-whale-said-to-leave-jpmorgan/">said to be leavings</a> and stick them where the sun don’t shine for all Jamie Dimon cares!</p><blockquote><p>Bruno Iksil, the London-based JPMorgan Chase & Co trader known as the “whale” believed to have been involved in the company’s $2 billion loss in derivatives, is still employed by JPMorgan, a spokeswoman for the bank said on Wednesday. Kristin Lemkau responded to a report on the New York Times website saying that Iksil is leaving the company. “He is still employed,” Lemkau said.</p></blockquote><p><a href="http://www.reuters.com/article/2012/05/16/jpmorgan-bruno-idUSWEN523920120516">JPMorgan still employs “whale” trader</a> [Reuters]<br /> <a href="http://dealbook.nytimes.com/2012/05/16/london-whale-said-to-leave-jpmorgan/">‘London Whale’ Said to Be Leaving JPMorgan</a> [Dealbook]</p><p><strong><a href="http://dealbreaker.com/2012/05/jpmorgan-isnt-ready-to-let-bruno-iksil-go/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/until-his-trades-are-unwound-and-weve-decided-what-to-do-with-him/">"...until his trades are unwound and we've decided what to do with him"</a>, <a href="http://dealbreaker.com/tag/bruno-iksil/">Bruno Iksil</a>, <a href="http://dealbreaker.com/tag/good-for-him/">good for him</a>, <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/london-whale/">London Whale</a>, <a href="http://dealbreaker.com/tag/that-depends-on-what-the-definition-of-is-is/">that depends on what the definition of is is</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/2KQMQabEU6dRQwFJ_hIhSRSr9zs/0/da"><img src="http://feedads.g.doubleclick.net/~a/2KQMQabEU6dRQwFJ_hIhSRSr9zs/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/2KQMQabEU6dRQwFJ_hIhSRSr9zs/1/da"><img src="http://feedads.g.doubleclick.net/~a/2KQMQabEU6dRQwFJ_hIhSRSr9zs/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/O_lItUINlw0" height="1" width="1"/> http://dealbreaker.com/2012/05/jpmorgan-isnt-ready-to-let-bruno-iksil-go/feed/ 24 http://dealbreaker.com/2012/05/jpmorgan-isnt-ready-to-let-bruno-iksil-go/ Caption Contest Wednesdayhttp://feedproxy.google.com/~r/dealbreaker/~3/SVaUjHOLvdU/ http://dealbreaker.com/2012/05/caption-contest-wednesday-20/#comments Wed, 16 May 2012 17:01:06 +0000 Bess Levin http://dealbreaker.com/?p=76475 <p>[via NJD]</p><p><strong><a href="http://dealbreaker.com/2012/05/caption-contest-wednesday-20/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/andrew-ross-sorkin/">Andrew Ross Sorkin</a>, <a href="http://dealbreaker.com/tag/caption-contests/">caption contests</a>, <a href="http://dealbreaker.com/tag/cnbc/">CNBC</a>, <a href="http://dealbreaker.com/tag/hockey/">hockey</a>, <a href="http://dealbreaker.com/tag/joe-kernen/">Joe Kernen</a>, <a href="http://dealbreaker.com/tag/mandy-drury/">Mandy Drury</a>, <a href="http://dealbreaker.com/tag/mascots/">mascots</a>, <a href="http://dealbreaker.com/tag/new-jersey-devils/">New Jersey Devils</a>, <a href="http://dealbreaker.com/tag/one-of-these-things-is-not-like-the-other/">one of these things is not like the other</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/dJgqzYr_02ueob8lOthV-ScWCSQ/0/da"><img src="http://feedads.g.doubleclick.net/~a/dJgqzYr_02ueob8lOthV-ScWCSQ/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/dJgqzYr_02ueob8lOthV-ScWCSQ/1/da"><img src="http://feedads.g.doubleclick.net/~a/dJgqzYr_02ueob8lOthV-ScWCSQ/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/SVaUjHOLvdU" height="1" width="1"/> http://dealbreaker.com/2012/05/caption-contest-wednesday-20/feed/ 53 http://dealbreaker.com/2012/05/caption-contest-wednesday-20/ Trading Against Your Clients Works Best When You Lose Moneyhttp://feedproxy.google.com/~r/dealbreaker/~3/48bHuj2zXu8/ http://dealbreaker.com/2012/05/trading-against-your-clients-works-best-when-you-lose-money/#comments Wed, 16 May 2012 16:32:19 +0000 Matt Levine http://dealbreaker.com/?p=76440 <p>This is sort of a strange footnote to the London Whale: one of the hedge funds that made money feasting off his carcass was run by JPMorgan*: Even as a trader for JPMorgan in London was selling piles of insurance on corporate debt, figuring that the economy was on the upswing, a mutual fund elsewhere…</p><p><strong><a href="http://dealbreaker.com/2012/05/trading-against-your-clients-works-best-when-you-lose-money/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/london-whale/">London Whale</a>, <a href="http://dealbreaker.com/tag/mutual-funds/">Mutual Funds</a>, <a href="http://dealbreaker.com/tag/whaledemort/">Whaledemort</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/eXwWSZmHZyec3LkUuP7mVaIMjvg/0/da"><img src="http://feedads.g.doubleclick.net/~a/eXwWSZmHZyec3LkUuP7mVaIMjvg/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/eXwWSZmHZyec3LkUuP7mVaIMjvg/1/da"><img src="http://feedads.g.doubleclick.net/~a/eXwWSZmHZyec3LkUuP7mVaIMjvg/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/48bHuj2zXu8" height="1" width="1"/> http://dealbreaker.com/2012/05/trading-against-your-clients-works-best-when-you-lose-money/feed/ 37 http://dealbreaker.com/2012/05/trading-against-your-clients-works-best-when-you-lose-money/ Ashley Dupré’s New Career Involves Encouraging Customers To Put Clothes Onhttp://feedproxy.google.com/~r/dealbreaker/~3/pZ9yfCvSHA8/ http://dealbreaker.com/2012/05/ashley-dupre-is-a-small-business-owner-now/#comments Wed, 16 May 2012 15:38:03 +0000 Bess Levin http://dealbreaker.com/?p=76438 <p><a href="http://dealbreaker.com/2012/05/ashley-dupre-is-a-small-business-owner-now/ashleydupreboat-2/" rel="attachment wp-att-76439"><img class="alignleft size-medium wp-image-76439" title="AshleyDupreboat" src="http://dealbreaker.com/uploads/2012/05/AshleyDupreboat-260x369.jpg" alt="" width="260" height="369" /></a><br /> If it feels like it’s been forever since we last heard from Eliot Spitzer’s former gal-pal Ashley Dupré it’s because it has. What’s she been up to since July 2010, when she told reporters she was focusing on getting her real estate license and writing a dating column which sadly did not continue past its debut? Becoming a small business owner and shedding her old skin, which she’d appreciate if you didn’t bring up in conversation. That (hooking) was then, this (being a New Jersey-based entrepreneur) is now. And while the new venture “represents a continuation of her evolution,” rest assured “special underthings” and swimsuits will always have a place in her life.</p><blockquote><p>Four years after her high-priced hotel romps with Eliot Spitzer dynamited his tenure as governor of New York and made her infamous, Ashley Dupré says she turned a page Monday with the opening of Femme by Ashley, a lingerie and swimwear boutique on the choicest block in downtown Red Bank. The shop, Dupré told redbankgreen in an exclusive interview, “is almost like the beginning of the rest of my life…Petite and wearing eyeglasses that made her appear somewhat more studious than she did in Girls Gone Wild videos made a decade ago, 27-year-old Dupré said she agreed to redbankgreen‘s request for a sit-down only at the urging of her boyfriend, TJ Earle, who thought it was important in establishing community roots. She said it would likely be her only interview on the topic. “I’m just done with it,” Dupré said of her scandal-based persona. “I’m very private. People don’t believe that, but I’m a very private person. I don’t want that life. I’m not looking to be in the press. I’m just looking to get on with my life.”</p><p>“I’m a girl, and I think every girl likes to shop and explore their tastes,” she said. “Getting into this business, I kind of explored all of these designers and fell in love with them.” The shop offers swimsuits in the $180 to $200 range as well as some “special” underthings, Dupré said.</p></blockquote><p>Pop in for a look-see today.</p><p>ASHLEY DUPRÉ SETS UP SHOP AND MOVES ON [RedBankGreen via <a href="http://nymag.com/daily/intel/2012/05/ashley-dupr-opens-lingerie-shop-in-new-jersey.html">Daily Intel</a>]</p><p><strong><a href="http://dealbreaker.com/2012/05/ashley-dupre-is-a-small-business-owner-now/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/ashley-dupre/">Ashley Dupre</a>, <a href="http://dealbreaker.com/tag/eliot-spitzer/">Eliot Spitzer</a>, <a href="http://dealbreaker.com/tag/explorations/">explorations</a>, <a href="http://dealbreaker.com/tag/femme-by-ashley/">Femme by Ashley</a>, <a href="http://dealbreaker.com/tag/its-like-being-born-again/">it's like being born again</a>, <a href="http://dealbreaker.com/tag/new-jersey/">New Jersey</a>, <a href="http://dealbreaker.com/tag/special-underthings/">special underthings</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/_wHl0_sb5L9lTD53AucqeT-6I38/0/da"><img src="http://feedads.g.doubleclick.net/~a/_wHl0_sb5L9lTD53AucqeT-6I38/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/_wHl0_sb5L9lTD53AucqeT-6I38/1/da"><img src="http://feedads.g.doubleclick.net/~a/_wHl0_sb5L9lTD53AucqeT-6I38/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/pZ9yfCvSHA8" height="1" width="1"/> http://dealbreaker.com/2012/05/ashley-dupre-is-a-small-business-owner-now/feed/ 23 http://dealbreaker.com/2012/05/ashley-dupre-is-a-small-business-owner-now/ Opening Bell: 05.16.12http://feedproxy.google.com/~r/dealbreaker/~3/3tErbBZgN-I/ http://dealbreaker.com/2012/05/opening-bell-05-16-12/#comments Wed, 16 May 2012 12:28:14 +0000 Dealbreaker http://dealbreaker.com/?p=76429 <p><a href="http://dealbreaker.com/?attachment_id=76430" rel="attachment wp-att-76430"><img src="http://dealbreaker.com/uploads/2012/05/angela-merkel-260x172.jpg" alt="" title="angela-merkel" width="260" height="172" class="alignleft size-medium wp-image-76430" /></a><a href="http://online.wsj.com/article/SB10001424052702304371504577405931025784516.html?mod=WSJ_hp_LEFTTopStories">Greece Teeters As Talks Fail</a> (WSJ)<br /> In a potent sign of Greeks’ rising anxiety, depositors withdrew €700 million ($898 million) from local banks on Monday alone, according to the country’s national bank—a significant escalation in capital flight from the country. Greek President Karolos Papoulias told party leaders that the situation facing Greece’s lenders was very difficult and that “the strength of banks is very weak right now,” according to a transcript released Tuesday.</p><p><a href="http://www.cnbc.com/id/47426919">Merkel: I Want Greece To Stay In The Euro</a> (CNBC)<br /> In an interview with CNBC’s “Worldwide Exchange,” Merkel said: “I want, just like Jean-Claude Juncker, that Greece stays in the euro. I think that would be good for Greece and for all of us. If Greece believes that we can find more stimulus in Europe in addition to the Memorandum (the deal stuck with the Troika), then we have to talk about that,” she said, but she underlined that Greece and its euro zone partners had to be able to trust each other.</p><p><a href="http://www.cnbc.com/id/47441185">What Happens When Greece’s Money Runs Out</a> (Reuters)<br /> “I’m really not sure Greece could survive for very long if external money was cut off,” said Darren Williams, economist at fund manager AllianceBernstein. “But what an experience of IOUs may do rather quickly is bring home to the average Greek citizen just how much more difficult a place it is outside the bailout program and outside the euro.”</p><p><a href="http://www.bloomberg.com/news/2012-05-16/moore-leads-hedge-funds-betting-on-jpmorgan-before-losses.html">Moore Leads Hedge Funds Betting on JPMorgan Before Losses</a> (Bloomberg)<br /> Hedge funds Moore Capital Management LLC and Blue Ridge Capital LLC boosted their stakes in JPMorgan Chase, while Kingdon Capital Management LLC divested, before the shares plunged because of a $2 billion trading loss. Moore, the $15 billion New York-based firm run by Louis Moore Bacon, bought 6 million shares of JPMorgan and its $297.3 million stake was its largest U.S. stock holding as of March 31, according to a filing yesterday with the Securities and Exchange Commission. John Griffin’s New York-based Blue Ridge purchased 1.85 million shares, raising its stake in the bank to 6.14 million.</p><p><a href="http://www.nypost.com/p/news/business/beaching_moby_iksil_oDczQscW3k4Mz1A0A0GTQI">The man who beached ‘Moby Iksil’</a> (NYP)<br /> Boaz Weinstein, a renowned CDS index arbitrageur who launched Saba in 2009, in early February recommended the index, which tracks a basket of US corporate bonds. “They are very attractive” and can be bought at a “very good discount,” said Weinstein, a former Deutsche Bank proprietary trader, speaking at the Harbor Investment Conference on Feb. 2. It appears the index was so cheap because Iksil was buying it to make a big short bet. Weinstein, whose Saba overseas $5.5 billion in assets, decided to go long and said he bought the index a few days before the conference at around 120 basis points. For a while, Weinstein’s genius trade wasn’t working out. The IG9 Index continued to sink under the weight of the Whale’s buys — hitting a low of 105 on March 21. But two weeks later, on April 3, reports surfaced about the Whale’s outsize positions and the tide started to turn. The price spiked to 130 as traders piled on. What JPMorgan CEO Jamie Dimon first termed a “tempest in a teapot” started to get serious. By last week, Dimon announced a $2.3 billion loss on the Whale’s trade, and word spread that Iksil’s head may roll. Meanwhile, Weinstein, who earned roughly $100 million last year, saw his position and the index continue to soar. The CDS index traded around 146 yesterday.</p><p><a href="http://www.bloomberg.com/news/2012-05-16/facebook-said-to-raise-size-of-ipo-to-421-million-shares.html">Facebook Said to Raise Size of IPO to 421 Million Shares</a> (Bloomberg)<br /> Facebook is boosting the number of shares for sale in its initial public offering to 421.2 million, allowing the world’s most popular social network to raise as much as $16 billion. Existing holders will offer 241.2 million shares, compared with the 157.4 million they originally planned to sell, according to a regulatory filing today. Menlo Park, California- based Facebook and its existing holders had earlier planned to offer 337.4 million shares.</p><p><a href="http://www.bloomberg.com/news/2012-05-16/soros-s-firm-buys-jpmorgan-suntrust-in-first-quarter.html">Soros’s Firm Buys JPMorgan, Suntrust in First Quarter</a> (Bloomberg)<br /> The $25 billion Soros Fund Management LLC, based in New York, increased the value of its stake in financials by 7 percent, including 606,000 shares of JPMorgan worth $28 million as of March 31, and 3.2 million shares of Atlanta-based Suntrust valued at $77 million, according to a filing yesterday with the U.S. Securities and Exchange Commission.</p><p><a href="http://www.cnbc.com/id/47438426">Paulson Holds to Gold ETFs in First Quarter, Profits as Prices Rise</a> (Reuters)<br /> So that’s nice.</p><p><a href="http://www.bloomberg.com/news/2012-05-16/housing-starts-probably-rebounded-from-a-five-month-low.html">Housing Starts Probably Rebounded From a Five-Month Low</a> (Bloomberg)<br /> “Homebuilding is inching up pretty much everywhere in the U.S.,” said Patrick Newport, an economist at IHS Global Insight in Lexington, Massachusetts. “The days when housing was a drag on the economy are behind us.” Even so, “housing activity is at depressed levels,” with foreclosures “still a problem for builders,” he said.</p><p><a href="http://www.dailymail.co.uk/news/article-2144873/Sara-Eisen-Reporter-caught-making-embarrassing-wardrobe-adjustment-camera.html?ITO=1490">Bloomberg Reporter Makes Wardrobe Adjustment On Camera</a> (DM, <a href="http://observer.com/2012/05/15/meet-sara-eisen-bloomberg-tvs-upskirted-employee-video/">NYO</a>)<br /> A microphone mishap led one television reporter from revealing a bit more than she expected.<br /> When it became clear that one reporter’s mic was not working, the cameraman swapped over quickly to Sara Eisen. Clearly thinking she was off-camera, the Bloomberg News reporter was adjusting her skirt and smoothing out her undergarments. Because the camera swapped over to her sooner than expected, the financial-savvy viewers caught a glimpse of Ms Eisen’s underwear…In spite of the hiccup, Ms Eisen was able to brush her skirt down and get back to business. She flashed a quick, knowing smile and then moved right into the news about Spain’s banking system debate.</p><p><strong><a href="http://dealbreaker.com/2012/05/opening-bell-05-16-12/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /> <p><a href="http://feedads.g.doubleclick.net/~a/8V8KRCht1qGWuafIWZI_bchkNuE/0/da"><img src="http://feedads.g.doubleclick.net/~a/8V8KRCht1qGWuafIWZI_bchkNuE/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/8V8KRCht1qGWuafIWZI_bchkNuE/1/da"><img src="http://feedads.g.doubleclick.net/~a/8V8KRCht1qGWuafIWZI_bchkNuE/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/3tErbBZgN-I" height="1" width="1"/> http://dealbreaker.com/2012/05/opening-bell-05-16-12/feed/ 35 http://dealbreaker.com/2012/05/opening-bell-05-16-12/ Write-Offs: 05.15.12http://feedproxy.google.com/~r/dealbreaker/~3/eeQoJJuLEgo/ http://dealbreaker.com/2012/05/write-offs-05-15-12/#comments Tue, 15 May 2012 23:50:23 +0000 Dealbreaker http://dealbreaker.com/?p=76410 <p>$$$ Greece fails to form unity government [FT] $$$ Greek Depositors Withdrew $898 Million From Banks Monday [WSJ] $$$ “The plane carrying newly sworn-in French President François Hollande was hit by lightning Tuesday afternoon, forcing him to delay a trip to Berlin, where he is due to meet German Chancellor Angela Merkel.” [WSJ] $$$ Happy…</p><p><strong><a href="http://dealbreaker.com/2012/05/write-offs-05-15-12/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /> <p><a href="http://feedads.g.doubleclick.net/~a/Npw2YgclMtAzIWt191s6tOOMih8/0/da"><img src="http://feedads.g.doubleclick.net/~a/Npw2YgclMtAzIWt191s6tOOMih8/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/Npw2YgclMtAzIWt191s6tOOMih8/1/da"><img src="http://feedads.g.doubleclick.net/~a/Npw2YgclMtAzIWt191s6tOOMih8/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/eeQoJJuLEgo" height="1" width="1"/> http://dealbreaker.com/2012/05/write-offs-05-15-12/feed/ 7 http://dealbreaker.com/2012/05/write-offs-05-15-12/ Layoffs Watch ’12: Credit Suissehttp://feedproxy.google.com/~r/dealbreaker/~3/CFX39fanpQI/ http://dealbreaker.com/2012/05/layoffs-watch-12-credit-suisse-4/#comments Tue, 15 May 2012 23:18:32 +0000 Bess Levin http://dealbreaker.com/?p=76411 <p><a href="http://dealbreaker.com/?attachment_id=76413" rel="attachment wp-att-76413"><img src="http://dealbreaker.com/uploads/2012/05/bradydougancreditsuisse.jpg" alt="" title="bradydougancreditsuisse" width="217" height="232" class="alignleft size-full wp-image-76413" /></a>The Swiss bank is not done with <a href="http://dealbreaker.com/2012/04/layoffs-watch-12-credit-suisse-3/">its firings</a>.</p><blockquote><p>Credit Suisse, the second- biggest Swiss bank, told New York state regulators it will eliminate 126 jobs in Manhattan over the coming months. The dismissals affect offices at 1 Madison Ave. and 11 Madison Ave. and will extend through Aug. 6, the bank wrote in a Department of Labor filing. The firm decided last year to scale down its investment bank and said it would cut 3,500 jobs.</p></blockquote><p>[<a href="http://www.bloomberg.com/news/2012-05-15/credit-suisse-plans-to-dismiss-126-workers-at-new-york-site-1-.html">Bloomberg</a>]</p><p><strong><a href="http://dealbreaker.com/2012/05/layoffs-watch-12-credit-suisse-4/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/bummers/">bummers</a>, <a href="http://dealbreaker.com/tag/credit-suisse/">Credit Suisse</a>, <a href="http://dealbreaker.com/tag/layoffs/">Layoffs</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/gULvMEU_TZfTcxCmqTeQUyWCkNU/0/da"><img src="http://feedads.g.doubleclick.net/~a/gULvMEU_TZfTcxCmqTeQUyWCkNU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/gULvMEU_TZfTcxCmqTeQUyWCkNU/1/da"><img src="http://feedads.g.doubleclick.net/~a/gULvMEU_TZfTcxCmqTeQUyWCkNU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/CFX39fanpQI" height="1" width="1"/> http://dealbreaker.com/2012/05/layoffs-watch-12-credit-suisse-4/feed/ 8 http://dealbreaker.com/2012/05/layoffs-watch-12-credit-suisse-4/ Facebook Attracting Children, Retirees, Not Advertisershttp://feedproxy.google.com/~r/dealbreaker/~3/kzHBnlWpyCE/ http://dealbreaker.com/2012/05/facebook-attracting-children-retirees-not-advertisers/#comments Tue, 15 May 2012 21:26:36 +0000 Matt Levine http://dealbreaker.com/?p=76362 <p>A wonderful thing about the Facebook IPO is that there is a proliferation of imaginary markets in which to … well, not trade it exactly, but say what you would be doing if you could trade it, which is almost as good. Here is the Wall Street Journal’s imaginary market, with a “Current Price Prediction”…</p><p><strong><a href="http://dealbreaker.com/2012/05/facebook-attracting-children-retirees-not-advertisers/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/facebook/">FaceBook</a>, <a href="http://dealbreaker.com/tag/ipos/">IPOs</a>, <a href="http://dealbreaker.com/tag/mark-zuckerberg/">Mark Zuckerberg</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/IZCewM5XHu3rLPEK3c9VgptRDtM/0/da"><img src="http://feedads.g.doubleclick.net/~a/IZCewM5XHu3rLPEK3c9VgptRDtM/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/IZCewM5XHu3rLPEK3c9VgptRDtM/1/da"><img src="http://feedads.g.doubleclick.net/~a/IZCewM5XHu3rLPEK3c9VgptRDtM/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/kzHBnlWpyCE" height="1" width="1"/> http://dealbreaker.com/2012/05/facebook-attracting-children-retirees-not-advertisers/feed/ 15 http://dealbreaker.com/2012/05/facebook-attracting-children-retirees-not-advertisers/ Jamie Dimon: JPMorgan’s Balance Sheet Still Fortress-Esquehttp://feedproxy.google.com/~r/dealbreaker/~3/v-GQx4u1bTc/ http://dealbreaker.com/2012/05/jamie-dimon-jpmorgans-balance-sheet-still-fortress-esque/#comments Tue, 15 May 2012 20:23:06 +0000 Bess Levin http://dealbreaker.com/?p=76373 <p>“We maintain a fortress balance sheet to manage surprises and setbacks like this,” Dimon said today. “I’m confident when we’re done here we’ll be a stronger company.” [Bloomberg, earlier]</p><p><strong><a href="http://dealbreaker.com/2012/05/jamie-dimon-jpmorgans-balance-sheet-still-fortress-esque/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/fortress-balance-sheets/">Fortress balance sheets</a>, <a href="http://dealbreaker.com/tag/fyis/">FYIs</a>, <a href="http://dealbreaker.com/tag/jamie-dimon/">Jamie Dimon</a>, <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/surprises/">surprises</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/USkIj6aO_SvrczgWalmH2RdxaiM/0/da"><img src="http://feedads.g.doubleclick.net/~a/USkIj6aO_SvrczgWalmH2RdxaiM/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/USkIj6aO_SvrczgWalmH2RdxaiM/1/da"><img src="http://feedads.g.doubleclick.net/~a/USkIj6aO_SvrczgWalmH2RdxaiM/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/v-GQx4u1bTc" height="1" width="1"/> http://dealbreaker.com/2012/05/jamie-dimon-jpmorgans-balance-sheet-still-fortress-esque/feed/ 18 http://dealbreaker.com/2012/05/jamie-dimon-jpmorgans-balance-sheet-still-fortress-esque/ Lloyd Blankfein Finally Gets To Be The Prettiest Girl At The Ballhttp://feedproxy.google.com/~r/dealbreaker/~3/LSn6QkPvlLc/ http://dealbreaker.com/2012/05/lloyd-blankfein-finally-gets-to-be-the-prettiest-girl-at-the-ball/#comments Tue, 15 May 2012 20:16:09 +0000 Bess Levin http://dealbreaker.com/?p=76364 <p><a href="http://dealbreaker.com/2012/05/lloyd-blankfein-finally-gets-to-be-the-prettiest-girl-at-the-ball/lloydblankfeinrobinhood/" rel="attachment wp-att-76365"><img src="http://dealbreaker.com/uploads/2012/05/lloydblankfeinrobinhood-260x172.jpg" alt="" title="lloydblankfeinrobinhood" width="260" height="172" class="alignleft size-medium wp-image-76365" /></a>Time was, Jamie Dimon was the most popular CEO on Wall Street and America’s “<a href="http://www.nytimes.com/2010/12/05/magazine/05Dimon-t.html?pagewanted=all">Least Hated Banker</a>,” for reasons that included the fact that the man has soulful blue eyes, charisma out the ass, and was in charge of one of the banks that a) didn’t go out of business during the financial crisis, like Lehman and Bear and b) supposedly didn’t actually need the bailout money the government made it take (as JD has said previously), like Bank of America and Citigroup. The man, in the hearts of many and especially the adoring press, could do no wrong. Which is why it probably stung a lot that Lloyd Blankfein, a Wall Street CEO who <i>also</i> possesses more charm than a person would know what do do with, who was <i>also</i> in charge of a bank that neither went out of business during the financial crisis nor required the bailout money it was forced to take (according to GS), and who is <i>also</i> the owner of a pair of baby blues, though in his case ones that <i>sparkle</i>, could only do wrong. And while LB is not one to gloat at another’s misfortune, <a href="http://dealbreaker.com/2009/07/lloyd-blankfein-and-jamie-dimon-save-cit-over-lovely-italian-meal-update/">especially that of a friend</a>, he’s obviously feeling pretty good about being living proof of the old saying, “only one Wall Street CEO’s balls can be in a vise at a time,” and right now it’s JD’s turn.</p><blockquote><p>Dimon did not attend the annual Robin Hood Foundation party [last night], but Blankfein was there, enjoying a rare night out of the spotlight. He shook hands, introduced his wife and, grinning broadly, posed for pictures. For months, Goldman Sachs has been portrayed as the callous Wall Street behemoth whose executives collected giant bonuses while America’s housing crisis worsened and unemployment rose. But Monday night was different. “No one cares about Lloyd tonight. It is Jamie against the world, and that’s got to feel good for Lloyd,” another hedge fund manager said.</p></blockquote><p>And this is just the beginning. First, they stop calling you Satan and claiming you poisoned their food, next glowing profiles and cover stories devoting major column inches to your rippling biceps and the throngs of women you beat off with a stick.</p><p><a href="http://www.reuters.com/article/2012/05/15/us-hedgefunds-robinhood-idUSBRE84E0XU20120515">Dimon Pushes Blankfein Off Hot Seat At Charity Gala [Reuters]<br /> </a><a href="http://www.bloomberg.com/news/2012-05-15/scene-last-night-blankfein-soros-neil-young-rihanna.html">Robin Hood Scene: Blankfein, Soros, Rihanna</a> [Bloomberg/Photo]</p><p><strong><a href="http://dealbreaker.com/2012/05/lloyd-blankfein-finally-gets-to-be-the-prettiest-girl-at-the-ball/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/balls/">balls</a>, <a href="http://dealbreaker.com/tag/goldman-sachs/">Goldman Sachs</a>, <a href="http://dealbreaker.com/tag/jamie-dimon/">Jamie Dimon</a>, <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/lloyd-blankfein/">Lloyd Blankfein</a>, <a href="http://dealbreaker.com/tag/look-how-relaxed-he-looks-like-he-just-came-back-from-a-week-at-the-spa/">look how relaxed he looks- like he just came back from a week at the spa</a>, <a href="http://dealbreaker.com/tag/robin-hood/">Robin Hood</a>, <a href="http://dealbreaker.com/tag/we-just-wish-lvp-were-around-to-see-this/">we just wish LVP were around to see this</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/gtxA4G1v6Ev0m9jWPd4xQg0j3Lo/0/da"><img src="http://feedads.g.doubleclick.net/~a/gtxA4G1v6Ev0m9jWPd4xQg0j3Lo/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/gtxA4G1v6Ev0m9jWPd4xQg0j3Lo/1/da"><img src="http://feedads.g.doubleclick.net/~a/gtxA4G1v6Ev0m9jWPd4xQg0j3Lo/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/LSn6QkPvlLc" height="1" width="1"/> http://dealbreaker.com/2012/05/lloyd-blankfein-finally-gets-to-be-the-prettiest-girl-at-the-ball/feed/ 37 http://dealbreaker.com/2012/05/lloyd-blankfein-finally-gets-to-be-the-prettiest-girl-at-the-ball/ Jamie Dimon Might Clawback Whale Team’s Bonuses Or He Might Nothttp://feedproxy.google.com/~r/dealbreaker/~3/290mGQYSgMs/ http://dealbreaker.com/2012/05/jamie-dimon-might-clawback-whale-teams-bonuses-or-he-might-not/#comments Tue, 15 May 2012 16:26:59 +0000 Bess Levin http://dealbreaker.com/?p=76357 <p>Dimon was approached by reporters after the [shareholder] meeting and was asked about whether executive pay would be taken back under the bank’s clawback provisions. “We will do the right thing…And that may well include clawbacks,” Dimon said. “The buck always stops with me.” [WSJ, earlier]</p><p><strong><a href="http://dealbreaker.com/2012/05/jamie-dimon-might-clawback-whale-teams-bonuses-or-he-might-not/">Continue reading »</a></strong></p><br /><hr style="clear:both" /><h3 style="text-align: center"><em>Follow Dealbreaker on <a href="http://twitter.com/dealbreaker">Twitter</a> or become a fan on <a href="http://www.facebook.com/DealbreakerBlog">Facebook</a>.</em></h3><hr /><p><strong>Tags:</strong> <a href="http://dealbreaker.com/tag/bruno-iksil/">Bruno Iksil</a>, <a href="http://dealbreaker.com/tag/clawbacks/">clawbacks</a>, <a href="http://dealbreaker.com/tag/if-he-has-to-reach-inside-the-blowhole-himself-to-get-it-back-he-will/">if he has to reach inside the blowhole himself to get it back he will</a>, <a href="http://dealbreaker.com/tag/ina-drew/">Ina Drew</a>, <a href="http://dealbreaker.com/tag/jamie-dimon/">Jamie Dimon</a>, <a href="http://dealbreaker.com/tag/jpmorgan/">JPMorgan</a>, <a href="http://dealbreaker.com/tag/the-buck-stops-here/">the buck stops here</a>, <a href="http://dealbreaker.com/tag/whales/">whales</a></p> <p><a href="http://feedads.g.doubleclick.net/~a/YvYMd9ODxeQ6MoDQn0pwJD0yUr8/0/da"><img src="http://feedads.g.doubleclick.net/~a/YvYMd9ODxeQ6MoDQn0pwJD0yUr8/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~a/YvYMd9ODxeQ6MoDQn0pwJD0yUr8/1/da"><img src="http://feedads.g.doubleclick.net/~a/YvYMd9ODxeQ6MoDQn0pwJD0yUr8/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds.feedburner.com/~r/dealbreaker/~4/290mGQYSgMs" height="1" width="1"/> http://dealbreaker.com/2012/05/jamie-dimon-might-clawback-whale-teams-bonuses-or-he-might-not/feed/ 53 http://dealbreaker.com/2012/05/jamie-dimon-might-clawback-whale-teams-bonuses-or-he-might-not/