Mike Cavanagh - JPMorgan Chase - CFO:
Okay, I think we're going to take just one or two more, operator.
Unidentified Participant:
Hi, this is (inaudible). I'm an individual investor. I was just wondering how this valuation helps the Bear Stearns shareholders rather than go through a Chapter 11 and an orderly liquidation of the assets of the company?
Mike Cavanagh - JPMorgan Chase - CFO:
I'm afraid you have to ask that question to Bear Stearns.
Unidentified Participant:
Well, I vote not to approve the sale.
Mike Cavanagh - JPMorgan Chase - CFO:
Okay. Next question, operator?
and, close to the end:
Susan Katzke - Credit Suisse - Analyst:
Okay. And just to clarify, does Bear Stearns own its building?
Bear Stearns shares traded at $170 a year ago, now they're bought by JPM for $2 a share because of (mostly) mortgage write-downs, and analysts worry whether that price at least includes the building...
Showing posts with label Work. Show all posts
Showing posts with label Work. Show all posts
2007-01-23
London, cooking
Arrived in London Sunday morning at 5. Very nice flight (new BA business class). Very nice hotel. Adjusted to time difference (=slept). Today Monday first day at work in the London office. Great colleagues. Concentrated, productive, collaborative work. Interaction with sales/structuring/trading. About thrice a day somebody volunteers to get coffee/mocha/hot chocolate for everyone. Team lunch/dinner/bowling/go-carting all coming up. (Can write in full sentences with declension, but no want. Chinese influence.)
In the evening, I went to the Reebock gym (conveniently located between work and hotel). Great - haven't been to a good gym in ages (the Goldman gym was nice (nickname: "NASDAQ 5000 memorial gym"), but the Stanford gym sucks utterly). Then cooked: Chicken breast fillet with mango, sun-dried tomato, onion & garlic (lots), and Gouda cheese. By way of enormous will power, I could resist adding Pesto (it wasn't self-made anyway, more walnuts than pinenuts); I did, however, throw in some Applewood smoked ham. The result was better than it sounds - try it (it might help if you're hungry, though). Added a nice South African Pinotage (pleonasm), and a Campari Orange for dessert and good measure. Good night!
In the evening, I went to the Reebock gym (conveniently located between work and hotel). Great - haven't been to a good gym in ages (the Goldman gym was nice (nickname: "NASDAQ 5000 memorial gym"), but the Stanford gym sucks utterly). Then cooked: Chicken breast fillet with mango, sun-dried tomato, onion & garlic (lots), and Gouda cheese. By way of enormous will power, I could resist adding Pesto (it wasn't self-made anyway, more walnuts than pinenuts); I did, however, throw in some Applewood smoked ham. The result was better than it sounds - try it (it might help if you're hungry, though). Added a nice South African Pinotage (pleonasm), and a Campari Orange for dessert and good measure. Good night!
2002-04-27
Quitting Goldman
Today I handed in my resignation from Goldman, Sachs in London. Time to do some other fun stuff. I'll miss my great colleagues (though not necessarily GOB_MUSH_INSTREAM_IGNORE_COMPLETELY).
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