Clusterstock has got hold of a letter said to have been sent by accused hedge fund insider trader Raj Rajaratnam, the founder of Galleon Group, to employees and clients. Rajaratnam has been charged with being part of an alleged $20m insider trading ring.
It's all over now. The signs are down - see pics to the right.
There has been a lot of noise recently about a January lunch between Bank of America CEO Ken Lewis, and former Merrill Lynch executives Dan Tully (ex-CEO), Launny Steffens (ex-head of private clients), and Winthrop Smith (the son of one of Merrill's founders).
Heard the one about:
A riveting indictment of those responsible for our current financial mess.
'If you're reading this, I must be dead. I'm not going to into all the morbid details, but suffice it to say that, after a two decade career in the markets, I am hopefully now in a better place.
'Was it only two years ago when the sky seemed to be the limit ? The deals were coming fast and furious, the bonus pot was building nicely, and expenses were a perk. My, how quickly things changed.
Here's the latest from our Highly-Placed Professional:
'I was in Jersey City in a Hudson street building near to the Goldman Sachs tower at a business conference.
The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group’s financial products unit, to Edward M. Liddy, the chief executive of A.I.G. It was also published as an Op-Ed in The New York Times.
Mark Karpeles, the CEO of embattled bitcoin exchange Mt.Gox, has tried to dampen speculation regarding the company, confirming that he has not left Japan - where the exchange is based - amid reports that regulators are investigating the exchange.
Insights from a prominent Bitcoin commentator that global powers are beginning to feel threatened by cryptocurrencies.
'We don't want to do this at all....Sadly because of the EU directive we've had to change'.