Tyler Durden

Frontrunning: October 15

  • Jobless claims "drop" as prior numbers get upwardly revised as always to maintain the downward trend (AP)
  • The fixed income and hedge fund monopolist known as Goldman Sachs beats by "less than expected," sets aside less than a trillion for bonuses (Reuters and NY Times)
  • European nations opt for dollar issues (FT, h/t Paul)
  • This is Jamie's land, this is your land (Reuters)
  • PIMCO is the latest on the anti-MBS bandwagon (Bloomberg)
  • New rivals pose threat to NYSE (NYT)
  • Building the labor force with forced labor (Delta Global)
  • Rumormania hits J Sainsbury (MarketWatch)
  • CIT said to be in talks to amend $29 billion debt swap (Bloomberg)
  • Bear fund managers lied repeatedly to clients, prosecutor says (Bloomberg)
  • Steven Golub named Lazard interimn CEO after Wasserstein death (Bloomberg)
  • Housing crisis worse on the high end (Atlantic)
  • Citi "profitable" after slowing rate of loss reserve building (Bloomberg)
  • Gasparino: Wall Street's bonus hypocrisy (Daily Beast)

 

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