"We’re starting to hear growing concerns that a government shutdown at the end of April may be a real possibility given the rise of the Freedom Caucus.... What’s currently playing out triggers flashbacks of the summer of 2011 when the US was downgraded by S&P as a polarized Congress wasn’t able to raise the debt ceiling quickly enough."
"In the movie he was portrayed as the moral compass. After hearing his praise for the awesome job Paulson did by saving the criminal Wall Street banks with taxpayer money, I think the justice and righteousness stuff is overdone. Earlier in his talk he said banks existed to “fuck you” – his exact words. Then later he says we had to save them or the world would have ended."
Former Hillary Aide: "Even if it’s a year or two or three from now, I still don’t think the timing would be right. I know that’s not fair to [Chelsea], but nothing feels right about it. It feels too forced."
Target CEO: "All across the retail industry, many of our competitors are aggressively rationalizing their assets. They are closing stores, exiting markets. They’re cutting costs just to keep their heads above water. We’ve not seen this number of distressed retailers since 2009 in the Great Recession.”
"If you took yesterday off, good for you. But look the fuck around you... there's a little girl in Sudan getting her parts hacked up because female genital mutilation is still in a thing around the world and I'm over here in the United States thinking wearing a red shirt makes a difference?"
"The idea that free speech has its limits somewhere around the point where it hurts somebody’s feelings is beyond idiotic and dangerous...Do you really want to live in a world where people sever business and personal relationships because a literal flash mob demands it? Where mobs get to pick and choose who you are allowed to associate with?"
New rules in Europe, known as Mifid II, will force banks to charge separately for their equity research rather than lumping the cost in with trading fees. But as one European fund noted, research analysts are likely to be the biggest loses since"there will be a lot of c**p that clients won’t pay for and that is when the big cuts [to the analyst workforce] at the global banks will come."