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Give Me Liberty Or Give Me PATH : 27 Manhattan-Based Fidelity Employees Refuse To Relocate To New Jersey, Quit

Tyler Durden's picture




 

It may be the worst possible job market for financial professionals in years but sometimes one has to draw the line. Like when moving across the Hudson river from Manhattan's One World Financial Center building to Jersey City - that may well be the only logical time when one is allowed to say: "I don't care about my bloated bonus or underserved compensation to buy the same stock that everyone else is buying. I quit." Not surprisingly 27 Fidelity employees have done just that. As the following notice from our favorite back-door website on New York's financial labor market shennanigans, the DOL's WARN site informs us, 27 Fidelity analysts have opted to to quit nobly, than to accept "relocation packages" which would involve the Geneva convention banned torture of having to reverse-PATH commute every day to Fidelity's new Jersey City office at newport Office Center Three. Oh well, it can't be such a bad job market after all. Incidentally for any and all unemployed ZH readers in Jersey City, this probably means that there are about 27 openings at the Fidelity office thereabouts. Just give Ms Maria Kulsick a buzz at (603) 791-3459.

From WARN:

Date of Notice:  1/25/2012 

 

Control Number: 2011-0242

 

Rapid Response Specialist: Linda Foehr

 

Reason Stated for Filing: Plant Closing        

 

Company:
Fidelity Investments
One World Financial Center, 200 Liberty Street
New York, NY  10281

 

County:  New York | WIB Name: NEW YORK CITY| Region: New York City

 

Contact:  Maria Kulsick, Vice President, Human Resources

 

Phone:  (603) 791-3459

 

Business Type:  Security Investment

 

Number Affected:  27- employees who have not accepted relocation packages

 

Total Employees:  -----     

 

Layoff Date:  12 employees will be terminated on 4/30/2012, 15 employees on 5/31/2012            

 

Closing Date:  5/31/2012

 

Reason for Dislocation:  Relocation of office to NJ location-expiration of lease at present location

 

ERNUM:  ----- 

 

Union:    -----

 

Classification:  Plant Closing

 

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Wed, 01/25/2012 - 22:14 | 2098488 RacerX
RacerX's picture

but they could've been hanging with snookie and the kardashians in jersey.

Wed, 01/25/2012 - 23:34 | 2098689 trav7777
trav7777's picture

PaTH doesn't suck and Chilltown/JC is on the upswing, baby. 

Wed, 01/25/2012 - 23:45 | 2098710 LetThemEatRand
LetThemEatRand's picture

Oh look, I see a bunch of cry baby John Galts heading for the exits while they still have 7 figures in savings.  Thank God the productive class is so classy.

Wed, 01/25/2012 - 23:52 | 2098724 AbruptlyKawaii
AbruptlyKawaii's picture

jawwwwb kreeeyterrz

shit you put these guys and tim thomas together and their bosses will be shakin in their lil booties.

 

Wed, 01/25/2012 - 23:58 | 2098737 JPM Hater001
JPM Hater001's picture

I love you zerhedge. You bring me the biggest smiles.

Thu, 01/26/2012 - 00:43 | 2098821 FEDbuster
FEDbuster's picture

They are analysts, can't they just work from home in their PJs?

Thu, 01/26/2012 - 00:55 | 2098852 WestVillageIdiot
WestVillageIdiot's picture

Maybe they can run over to Maiden Lane and get jobs at The Fed.  Their "analysts" are probably just as productive.  You surf porn all day, hit the Pound and Pence for free pool on Monday and then go to Stone Street for happy hour.  What a great fucking gig.  It's not like your "analyst" work means a whole lot.  The employees at China Chalet serve a more useful purpose than any of these fuckheads. 

Standing up for these "analysts" is like saying Marc Zandi should be our next Treasury Secretary because he is the "head economist" at some organization. 

Thu, 01/26/2012 - 00:10 | 2098760 LasVegasDave
LasVegasDave's picture

whose money is it, cocksucker?  Yours?

As long as they dont ask for public assistance, what business is it of yours?

Oh, right, they arent targets for the parasite army until they resurface

Thu, 01/26/2012 - 00:31 | 2098792 homersimpson
homersimpson's picture

"As long as they dont ask for public assistance" Obviously you were asleep when the Fed was bailing out Wall Street with taxpayer cash... so yes, it's our business.

Thu, 01/26/2012 - 01:38 | 2098903 Harbanger
Harbanger's picture

 Who Bailed Out Wall Street??? It was our democratically elected Government, Silly.  And our pusillanimous citizenry would gladly do it all over again.  Tell the truth...if Obama wasn't in Office you wouldn't be blaming the Fed.

Thu, 01/26/2012 - 06:27 | 2099037 Bobbyrib
Bobbyrib's picture

I was unaware that Fidelity received any TARP, or QE money. I thought those were the large investment banks.

Thu, 01/26/2012 - 09:13 | 2099196 dcb
dcb's picture

not really accurate because everyone received qe money who was in the market, esp if they were a financial related firm, or if their compensation was based on stock price, or trading profits.

but the sheep and savers got screwed so for them qe took money away.

Thu, 01/26/2012 - 00:32 | 2098794 WestVillageIdiot
WestVillageIdiot's picture

Hey, fuckface, Fidelity investments lives off a healthy lunch of everybody's 401k.  If that isn't a giant fucking welfare bonanza for these assholes then I don't know what is.  Now, why don't you go outside and play hide and go fuck yourself. 

Sorry, I haven't had my first beer yet.

Thu, 01/26/2012 - 00:35 | 2098800 LasVegasDave
LasVegasDave's picture

I was referring to the analysts, Mensa.

I hear OWS is hiring.  You should apply.

Thu, 01/26/2012 - 00:42 | 2098815 WestVillageIdiot
WestVillageIdiot's picture

The fact that you think Fidelity has "analysts" says a lot about you. 

Thu, 01/26/2012 - 00:45 | 2098825 LasVegasDave
LasVegasDave's picture

"27 Fidelity analysts have opted to to quit nobly, than to accept "relocation packages"

 

Did you read the article, shit for brains?

Man, ZH has gone downhill......

Thu, 01/26/2012 - 00:47 | 2098831 WestVillageIdiot
WestVillageIdiot's picture

I bet you could put their "analysis" in a thimble and still have room for 2 sunflower seeds.

I pass these fucking assholes every day, Dave.  Want a hug, Dave?  Or are you too busy trying to find an analyst to felch? 

Thu, 01/26/2012 - 00:55 | 2098853 LasVegasDave
LasVegasDave's picture

Ill leave the felching to you and your west village buds.

If you want to hug someone, try your pals Krugman and Rich.

 

Thu, 01/26/2012 - 00:58 | 2098863 WestVillageIdiot
WestVillageIdiot's picture

That was such a weak fucking attempt.  Just quit now while you just look like an asshole.  I beg you.  It is getting embarrassing. 

Thu, 01/26/2012 - 08:49 | 2099149 General Decline
General Decline's picture

You guys are cracking me up this morning. Thanks, I needed that. Thursday is scorecard day here at work.

Thu, 01/26/2012 - 00:57 | 2098858 WestVillageIdiot
WestVillageIdiot's picture

This article is my every day life.  I didn't have to read to the third instance of "27 blah blah blah" to get the gist.  I think these articles need more pictures for you. 

Thu, 01/26/2012 - 06:33 | 2099039 Bobbyrib
Bobbyrib's picture

Running companies 401K plans is welfare? 

People have a choice of whether they would like to participate in their companies' 401K plan, or they can opt out. I guess providing this service is wrong. Now if you had said Social Security and W had succeeded in privatising SS and mandated you had to invest in the stock market Ponzi scheme I would say you have a point.

Thu, 01/26/2012 - 09:44 | 2099259 Red Raspberry
Red Raspberry's picture

I hear that.  I won't get in another.  Don't care how many BlackRock funds are in it.

Thu, 01/26/2012 - 10:57 | 2099481 Pubsky
Pubsky's picture

Bullshit! - If you want a company match, you have to be in the 401k or walk away from money. Then the 401k gives you the option of 5-10 shitty investments loaded with fees that fatten the fidelity wallet. The entire legislation around 401k managed accounts is a big pile of government milk for the I-banks.  If it wasn't I could manage my own retirement money and employer match however I wanted.

Thu, 01/26/2012 - 10:58 | 2099485 Pubsky
Pubsky's picture

.

Thu, 01/26/2012 - 00:37 | 2098803 LetThemEatRand
LetThemEatRand's picture

LasVegasDave,

Fuck.  You.  Prick.  How is your free housing market treating you?  Epicenter of disaster capitalism.  Idiot idealogue.

Thu, 01/26/2012 - 00:43 | 2098818 LasVegasDave
LasVegasDave's picture

house owned free and clear.  business never better.

sucks to be you

Thu, 01/26/2012 - 00:48 | 2098832 WestVillageIdiot
WestVillageIdiot's picture

I bet your mouthwash expense is through the roof. 

Thu, 01/26/2012 - 00:49 | 2098835 LetThemEatRand
LetThemEatRand's picture

Ha. 

Thu, 01/26/2012 - 10:14 | 2099359 Milton William ...
Milton William Cooper's picture

anyone who owns their house free anc clear in this environment has lost a lot of $.......saying you put $0 down and locked in a fixed rate for 30 yrs would make it suck to be someone else

Thu, 01/26/2012 - 17:13 | 2100860 thomcat00
thomcat00's picture

Not every homeowner is/was a sucker to overbuy what they could not afford. I'm a homeowner, free and clear, and my house is assessed and Zillowed at more than 20% above my purchase price. I had a fixed 15yr mortgage, ponied up a 25% downpayment, and here we are 12 years later, it and my acreage are mine. Granted it is no palace, but short of eminent domain or revolution, no one can take it from me. I've had unsolicited offers for it at above my purchase price to boot.

Thu, 01/26/2012 - 02:04 | 2098927 A Nanny Moose
A Nanny Moose's picture

Really? What did they produce?

Thu, 01/26/2012 - 09:11 | 2099191 Inibo E. Exibo
Inibo E. Exibo's picture

I'd do it in a heartbeat and so would you if you could.

Thu, 01/26/2012 - 00:30 | 2098791 WestVillageIdiot
WestVillageIdiot's picture

Trav, Jersey City is still not Manhattan but they would be close to the Iron Monkey and their great selection of draft beers.  Perhaps these people just don't want to venture to Little Delhi (Newport).  It is amazing how many Indians are in the area and not a single good Indian restaurant.  But there are a bunch of bad ones.

And for those of you that don't know. the PATH ride from World Trade to Exchange Place takes approximately 4 minutes.  The walk from the train station would be less than 10.  Yet scumbags will travel from Greenwich and Stamford and Westchester to work in the belly of the beast, the Financial District. 

It was nice to see Zuccotti Park empty tonight while 7 of New York's finest stood nearby to ensure that nobody dare express themselves.  And all in the shadow of "the Freedom Tower".  The corruption in Manhattan is epic. 

Oh, and "fuck you" to those 27 Fidelity employees that live off the fat of the chattle's 401k plans.  Fucking parasites. 

Thu, 01/26/2012 - 00:57 | 2098857 Harbanger
Harbanger's picture

Just curious...Who chose your name?

Thu, 01/26/2012 - 01:00 | 2098865 WestVillageIdiot
WestVillageIdiot's picture

It doesn't really apply anymore.  The idiot part might but.........

I see these financial assholes every day.  Any time I see anybody give them any credit I really get pissed off.  What a collection of human refuse they are.  And still they think they are great. 

Who chose your name?

Thu, 01/26/2012 - 01:12 | 2098885 Harbanger
Harbanger's picture

I'm not sure.  Probably some horny bstrd in europe.

Thu, 01/26/2012 - 09:18 | 2099205 dcb
dcb's picture

I'd say that was accurate, although downtown JC is great n9ow esp around grove street lots brownstones and corner bars, as a good brooklyn feel before some areas got too built up.

No idea why newport is the way it is, really ugly, is it from the indian area in JC "moving up". it's strange to ride the bike path from hoboken down there, the make up of the crowd changes in a heart beat.

Thu, 01/26/2012 - 10:10 | 2099346 trav7777
trav7777's picture

back when I lived up there, you did not dismount that bike.  We used to ride through warehouses out of a Detroit photoblog.

Chilltown is still fucked up but JC actually has been gentrified to an extent...like the Bronx.

It's amazing what happens when you remove one kind of people and put in another.  It's like civilization breaks out.

Thu, 01/26/2012 - 09:46 | 2099267 Red Raspberry
Red Raspberry's picture

Chicago is going to import head bangers for this summer.  I'm sure NY can spare a few.

Thu, 01/26/2012 - 08:05 | 2099084 Bicycle Repairman
Bicycle Repairman's picture

LOL.  Trav acts like he knows everything.  But he doesn't.  And he has a contrary opinion on absolutely everything.  Since he doesn't know everything, he is almost always wrong.

Zirconium, bitches!

Thu, 01/26/2012 - 02:48 | 2098949 IQ 101
IQ 101's picture

The Kardashians are in California, and any girl with an ass like that should be famous, but I divert from my intention, which is  to get my link read by ZH'ers to spread my contention that the coming revolution will not be a bloody coup, but an unstopable tsunami of small acts and public opinion, enabled by the internet.

What a nice place to live,

 http://finance.yahoo.com/news/era-big-boxes-day-little-guy-080317993.html

 

Thu, 01/26/2012 - 06:23 | 2099034 Gavrikon
Gavrikon's picture

"IQ 101."  Hmmm.  Are you referencing Obama, or Bush, perhaps?  The number fits, after all.  I have a hard time figuring out whose IQ is lower.  Your avatar could be depicting either one, though.  The resemblence is uncanny.

Thu, 01/26/2012 - 07:35 | 2099067 Freewheelin Franklin
Freewheelin Franklin's picture

Urban Enterprise Zone (UEZ) tax credits make businesses do things they wouldn't normally do....like hang out with Snookie?

Wed, 01/25/2012 - 22:14 | 2098491 SolidSnake961
SolidSnake961's picture

arrogant pricks

Wed, 01/25/2012 - 23:19 | 2098667 nonclaim
nonclaim's picture

They are free to decide to stay or go... wouldn't it be great if most people could do that, to decide on quality of live and not pure financial needs?

Wed, 01/25/2012 - 23:45 | 2098711 Harbanger
Harbanger's picture

The article says "that may well be the only logical time when one is allowed to say......."

ALLOWED???? WTF is this Country becoming. They QUIT because they wanted to.  Should we force them to work?

Wed, 01/25/2012 - 23:50 | 2098720 Al Gorerhythm
Al Gorerhythm's picture

Yes. Hard labor, chain gang.

Thu, 01/26/2012 - 00:35 | 2098799 WestVillageIdiot
WestVillageIdiot's picture

The moment Fidelity puts a decent fund into one of their 401k plans these fucking assholes can start acting like victims.  And not a fucking second before it.

Thu, 01/26/2012 - 00:55 | 2098850 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Seriously.  Fidelity works like a leech on the system.  401ks are the biggest joke ever.  And Fidelity sucks ass anyway.

Thu, 01/26/2012 - 01:01 | 2098866 WestVillageIdiot
WestVillageIdiot's picture

I will bet 10 Krugerrands that they spend more money on lobbying, and political campaigns, than they do research.  The under the table money has to also be counted. 

Thu, 01/26/2012 - 02:01 | 2098922 Harbanger
Harbanger's picture

"The under the table money has to also be counted."  Dam, you're worse than my ex wife.  How about I give you my pay check and you give me an allowance for cigarettes.  BTW- Krugerrands are only 22 karat.

Thu, 01/26/2012 - 10:17 | 2099367 Milton William ...
Milton William Cooper's picture

Just look at the Fidelity logo.......remind you of anything?

Thu, 01/26/2012 - 00:03 | 2098745 JPM Hater001
JPM Hater001's picture

For those minus's I have been a wholesaler in wirehouses like theirs and you need to understand...

Their book of business is theirs. The can move around 80% to another firm and for those who know the hands off Fidelity way believe me... The best clients care about who they work with..not the fucking company.

This is service over name...the way it's suppose to be.

Thu, 01/26/2012 - 00:38 | 2098805 WestVillageIdiot
WestVillageIdiot's picture

I would love to agree with you but give me a fucking break.  These assholes are sheep.  Surely you have talked to some of them.  An original idea, if one ever hatched in their brains, would die of loneliness. 

I have yet to see a person in this city that works in the financial industry that I've been impressed with.  I won't even begin to discuss the fucking bullshit I heard out of the rising star at Moody's that I know.  It would make a baby blush. 

Thu, 01/26/2012 - 10:52 | 2099465 JPM Hater001
JPM Hater001's picture

In the valley of the blind the one eyed guy is the leader. Like it or not today it is the broker.

Wed, 01/25/2012 - 22:17 | 2098495 AbruptlyKawaii
AbruptlyKawaii's picture

 

 

pissed analysts walk

another day passes

trains run

happy day

Wed, 01/25/2012 - 23:47 | 2098712 LetThemEatRand
LetThemEatRand's picture

So did Atlas shrug yet?

Thu, 01/26/2012 - 00:39 | 2098809 WestVillageIdiot
WestVillageIdiot's picture

Atlas shouted, "fuck you, you 27 assholes". 

Thu, 01/26/2012 - 00:42 | 2098816 knukles
knukles's picture

My dog just look at it's tail and sniffed.  That count?

Thu, 01/26/2012 - 00:57 | 2098861 LetThemEatRand
LetThemEatRand's picture

It does indeed count.  
Ayn Rand's smell and your dog's ass.  Synchroniciti. 

Wed, 01/25/2012 - 22:20 | 2098501 alien-IQ
alien-IQ's picture

Give me a 212 area code or give me my golden parachute?

Thu, 01/26/2012 - 00:39 | 2098810 WestVillageIdiot
WestVillageIdiot's picture

Let them eat that (201) area code and shut the fuck up. 

Wed, 01/25/2012 - 22:21 | 2098503 Dingleberry
Dingleberry's picture

fuck jersey.....I read a story a few years back about a woman that killed herself just because she lived in Jersey. Cesspool.....I would rather live in Detroit.

Wed, 01/25/2012 - 23:03 | 2098628 dwdollar
dwdollar's picture

Are you sure about that? I'm sure there are safer areas in Somalia than Detroit.

Thu, 01/26/2012 - 00:21 | 2098773 Harbanger
Harbanger's picture

You make a good point. I don't expect Navy Seals to rescue me from Detroit.

Thu, 01/26/2012 - 00:52 | 2098843 knukles
knukles's picture

My next door neighbor's a sommelier.

Thu, 01/26/2012 - 01:56 | 2098920 jeff montanye
jeff montanye's picture

likes pouring that mogen dishu?

Thu, 01/26/2012 - 10:05 | 2099333 ProtectiveFather
ProtectiveFather's picture

Well done.

Wed, 01/25/2012 - 23:35 | 2098691 trav7777
trav7777's picture

No, you wouldn't.

Thu, 01/26/2012 - 00:40 | 2098812 WestVillageIdiot
WestVillageIdiot's picture

+1,000,000 Trav

Comparing Jersey City to Detroit, in this day and age, shows that this guy probably hasn't been to either. 

Thu, 01/26/2012 - 08:26 | 2099116 Bicycle Repairman
Bicycle Repairman's picture

There's no comparing JC with Detroit.  Detroit is affordable.

Thu, 01/26/2012 - 09:03 | 2099174 General Decline
General Decline's picture

Never been to Detroit. Is it anything like Johannasburg?

Thu, 01/26/2012 - 10:13 | 2099353 trav7777
trav7777's picture

except for the 2nd floor witch doctors, yeah, it actually is

Wed, 01/25/2012 - 22:21 | 2098504 dynomutt
dynomutt's picture

Hey, if they live in Lower Westchester or in CT, it could be... A BRIDGE TOO FAR!

Thu, 01/26/2012 - 00:43 | 2098823 WestVillageIdiot
WestVillageIdiot's picture

Fuck Bronxville. 

 

Thu, 01/26/2012 - 06:43 | 2099044 Bobbyrib
Bobbyrib's picture

Hipster douche.

Wed, 01/25/2012 - 22:22 | 2098507 Manthong
Manthong's picture

I cannot believe someone would not leap at the opportunity to embrace a workspace in the utopian flower of the Garden State.. Jersey City.

Wed, 01/25/2012 - 22:23 | 2098511 alien-IQ
alien-IQ's picture

New Jersey escort services do not have a AAA rating.

Wed, 01/25/2012 - 22:27 | 2098522 dannyboy
dannyboy's picture

Whos regulating the rating agencies that are giving the rating for the escort services!

Wed, 01/25/2012 - 22:33 | 2098544 alien-IQ
alien-IQ's picture

Dominique Strauss-Kahn

Wed, 01/25/2012 - 22:36 | 2098555 dannyboy
dannyboy's picture

LOL

Wed, 01/25/2012 - 22:38 | 2098565 Manthong
Manthong's picture

Doesn't that have something to do with what Bernanke calls "tail risk"?

Wed, 01/25/2012 - 23:20 | 2098668 Stack Trace
Stack Trace's picture

Shaped like bar-bells...all fat tails. ;-)

Wed, 01/25/2012 - 23:30 | 2098683 dannyboy
dannyboy's picture

Only for rare and unforseen consequences that will probably never happen.

Wed, 01/25/2012 - 23:51 | 2098721 hidingfromhelis
hidingfromhelis's picture

Tail risk can be reduced significantly by using condoms.  Better safe than sorry.

Thu, 01/26/2012 - 00:54 | 2098847 knukles
knukles's picture

All black swans

Wed, 01/25/2012 - 22:26 | 2098521 navy62802
navy62802's picture

Eh. What goes around comes around. These people will eventually get theirs. They can have their good times now, but they will eventually pay. That's the way nature works. Not even these bombastic ass holes can avoid it.

Thu, 01/26/2012 - 00:46 | 2098829 WestVillageIdiot
WestVillageIdiot's picture

I still remember the article in early 2009 about all of the poor "Lehman bankers" that had been making million dollar salaries and were now crying the blues.  I can guarantee you that every high-paid douche bag in the Financial District thinks it is their "genius" getting them that salary.  The moment something breaks they all turn into whining pussies that didn't save anything.

Wed, 01/25/2012 - 22:30 | 2098534 Dr. Engali
Dr. Engali's picture

I'm sure Corzine will hire them for his next firm.

Wed, 01/25/2012 - 22:31 | 2098540 Hulk
Hulk's picture

One day my girlfriend asks me to kiss her where it stinks.

So, I took her to Jersey...

Wed, 01/25/2012 - 22:37 | 2098562 Dr. Engali
Dr. Engali's picture

Maybe she should try cleaning that thing :->

Wed, 01/25/2012 - 22:40 | 2098570 Hulk
Hulk's picture

Its a superfund site...

Wed, 01/25/2012 - 22:43 | 2098575 Dr. Engali
Dr. Engali's picture

Like Jersy :->

Thu, 01/26/2012 - 00:52 | 2098840 WestVillageIdiot
WestVillageIdiot's picture

For his last birthday the Hulk's girlfriend gave him a new shirt and a piece of pussy.  They were both too big. 

Thu, 01/26/2012 - 10:57 | 2099064 NuYawkFrankie
NuYawkFrankie's picture

Stinks? Have you thought about taking her (I assume your "girlfriend" is wooly & four-legged) to the sheep-dip?

Wed, 01/25/2012 - 22:38 | 2098561 A Lunatic
A Lunatic's picture

I heard that Master Lock will be going on a huge hiring spree. They probably even have a GM powered company helicopter for these folks.

Wed, 01/25/2012 - 23:22 | 2098670 Stack Trace
Stack Trace's picture

The 1% are scared their toys are going to be stolen. Bullish Master Lock.

Wed, 01/25/2012 - 22:44 | 2098577 Seasmoke
Seasmoke's picture

smart move, Jersey City is dangerous

Thu, 01/26/2012 - 01:04 | 2098872 WestVillageIdiot
WestVillageIdiot's picture

The Newport area makes Disneyland look dangerous.  Unless you are allergic to curry. 

Wed, 01/25/2012 - 22:52 | 2098598 JW n FL
JW n FL's picture

 

 

New item in your series of interest:

Working Paper No. 12/30: Fiscal Rules and the Sovereign Default Premium Author/Editor: Hatchondo, Juan Carlos ; Martinez, Leonardo ; Roch, Francisco Summary: This paper finds optimal fiscal rule parameter values and measures the effects of imposing fiscal rules using a default model calibrated to an economy that in the absence of a fiscal rule pays a significant sovereign default premium. The paper also studies the case in which the government conducts a voluntary debt restructuring to capture the capital gains from the increase in its debt market value implied by a rule announcement. In addition, the paper shows how debt ceilings may reduce the procyclicality of fiscal policy and thus consumption volatility.

http://www.imf.org/external/pubs/cat/longres.aspx?sk=25677.0

Wed, 01/25/2012 - 22:56 | 2098610 JW n FL
Wed, 01/25/2012 - 22:58 | 2098618 Buck Johnson
Buck Johnson's picture

Interesting, I can't wait to read it all.

Wed, 01/25/2012 - 22:56 | 2098608 IQ 101
IQ 101's picture

A tight office? 27 people holding all the cards, without them, the company does not exist and will lose millions in contacts and contracts and know how, 27 people just unionised,27 people want $250G each or the whole building goes down.

Wed, 01/25/2012 - 23:11 | 2098648 Dr. Engali
Dr. Engali's picture

And at least one who reads Zero Hedge ?

Thu, 01/26/2012 - 04:22 | 2098991 IQ 101
IQ 101's picture

Yes,you, are you ready?

Wed, 01/25/2012 - 22:58 | 2098617 ISEEIT
ISEEIT's picture

Central planning at it's finest.

Facist love this shit.

FARCIST designed the program.

"This time will be different"

My ass.

F.O.A.D.

Wed, 01/25/2012 - 23:01 | 2098623 nostromo17
nostromo17's picture

They are so right not to go

To Jersey City -what a hole

the Path Train Stench mopped with dirty mops daily,

$75 tickets for Lite Rail tickets not stamped, boots for misparked cars, yes,

driving up River Road 'round senior's dinner time stones,

and those oh so proud Jersians who don't understand

its them and their state you loath...their driving pathetic, losers proud of it somehow;

the best part of Jersey is where it becomes Pennsylvania...yeah.

Jersey so sucks to work their shows the whore you are.

Wed, 01/25/2012 - 23:37 | 2098695 trav7777
trav7777's picture

this would be a lot easier to parse if you knew how to spell

Thu, 01/26/2012 - 01:08 | 2098876 WestVillageIdiot
WestVillageIdiot's picture

No shit.  How silly.  They would never come near the "bad" part of Jersey City.  That part of Jersey City has an awesome view of Manhattan.  They would not be driving.  They would just take the PATH from World Trade.  They would not need to take the light rail.  They could walk easily from PATH to their office.  It is that close. 

This is not torture.  This is just more arrogance from the fucking entitled class that is our financial sector.  They are the biggest welfare queens going. 

Thu, 01/26/2012 - 08:23 | 2099111 Bicycle Repairman
Bicycle Repairman's picture

Awesome view of Manhattan.  LOL.  I'll just put it on my screensaver.

Thu, 01/26/2012 - 10:15 | 2099361 trav7777
trav7777's picture

you've never been to newport, huh?

Thu, 01/26/2012 - 10:37 | 2099416 Bicycle Repairman
Bicycle Repairman's picture

Yeah.  I have.  BFD.

Thu, 01/26/2012 - 10:04 | 2099321 nostromo17
nostromo17's picture

spel?

Wed, 01/25/2012 - 23:11 | 2098652 NoVolumeMeltup
NoVolumeMeltup's picture

Veritably, Fsck those self-entitled bastards in the goat-ass.

Wed, 01/25/2012 - 23:12 | 2098655 William.M.Tweed
William.M.Tweed's picture

This is the train to Hoboken, making stops at Exchange Place, Newport and Hoboken

Wed, 01/25/2012 - 23:18 | 2098660 ThisIsBob
ThisIsBob's picture

Leaving New York and moving to Jersey City?  Now there's some out of the envelope thinking for you.

 

Thu, 01/26/2012 - 01:09 | 2098879 WestVillageIdiot
WestVillageIdiot's picture

Why would they have to move to Jersey City?  They can go right back into Manhattan, like thousands of people do, at the end of the day. 

Thu, 01/26/2012 - 08:21 | 2099109 Bicycle Repairman
Bicycle Repairman's picture

Jersey City is a shithole.  Life outside of work?  Let's see Manhattan or Jersey City?  LOL.

Wed, 01/25/2012 - 23:24 | 2098675 citrine
citrine's picture

I wonder if anyone agreed....

Wed, 01/25/2012 - 23:37 | 2098696 Cursive
Cursive's picture

At least employment in financial sector in Manhatten brings a high probability of working on the upper floors of a high rise building.  All the better to jump from when TSHTF.

Thu, 01/26/2012 - 01:10 | 2098881 WestVillageIdiot
WestVillageIdiot's picture

The Goldman Sachs building in Jersey City is the tallest building in New Jersey. 

Wed, 01/25/2012 - 23:40 | 2098703 non_anon
non_anon's picture

Hudson Bay

Wed, 01/25/2012 - 23:53 | 2098726 Cabreado
Cabreado's picture

The signs and symptoms are everywhere, coming slowly but surely to a head...

The pathology of Entitlement is destroying us.

Good and decent and talented and Humble persons everywhere:  stay your ground.

Thu, 01/26/2012 - 00:49 | 2098727 infinity8
infinity8's picture

27? wow, mind-boggling. People had to start relocating to maintain a decent job back in the '80's. Anyone else remember? And, no, you don't have a "pension" anymore.

Am I supposed to be feeling bad for or proud of someone? It's just now coming to the "investment" sector?

Thu, 01/26/2012 - 01:11 | 2098882 WestVillageIdiot
WestVillageIdiot's picture

It seemed like the entire Midwest was moving to Texas back in the early 80s.

Thu, 01/26/2012 - 00:04 | 2098748 blankfeinsmom
blankfeinsmom's picture

Lived in Jersey City for years, even worked out at the Newport Center Gym. It's a great place, ~3 minute PATH ride to World Financial Center, used to be inexpensive, heard it ain't so much anymore since the squid built their tower there. Kinda miss the place, it's not the chit-hole people who haven't been there think it is.

Thu, 01/26/2012 - 01:12 | 2098883 WestVillageIdiot
WestVillageIdiot's picture

$1.50

Thu, 01/26/2012 - 08:19 | 2099103 Bicycle Repairman
Bicycle Repairman's picture

The center itself is modern, sterile island set in a sea of excrement.

Thu, 01/26/2012 - 00:23 | 2098779 devo
devo's picture

My home town, and yeah, I can't blame them.

 

Thu, 01/26/2012 - 00:27 | 2098783 Mister Minsk
Mister Minsk's picture

Nueva Jersey baby!

Thu, 01/26/2012 - 00:24 | 2098784 Joe Sixpack
Joe Sixpack's picture

Obama to Sec of State in Georgia:

http://gold-silver.us/forum/showthread.php?58336-Ga.-judge-orders-presid...

 

January 25, 2012 Hon. Brian P. Kemp
Georgia Secretary of State
214 State Capitol
Atlanta, Georgia 30334
via email to Vincent R. Russo Jr., Esq.
(vrusso@sos.ga.gov)
Re: Georgia Presidential Preference Primary Hearings

Dear Secretary Kemp:

This is to advise you of serious problems that have developed in the conduct of the hearings pending before the Office of State Administrative Hearings. At issue in these hearings are challenges that allege that President Obama is not eligible to hold or run for re-election to his office, on the now wholly discredited theory that he does not meet the citizenship requirements. As you know, such allegations have been the subject of numerous judicial proceedings around the country, all of which have concluded that they were baseless and, in some instances – including in the State of Georgia - that those bringing the challenges have engaged in sanctionable abuse of our legal process.
Nonetheless, the Administrative Law Judge has exercised no control whatsoever over this proceeding, and it threatens to degenerate into a pure forum for political posturing to the detriment of the reputation of the State and your Office. Rather than bring this matter to a rapid conclusion, the ALJ has insisted on agreeing to a day of hearings, and on the full participation of the President in his capacity as a candidate. Only last week, he denied a Motion to Quash a subpoena he approved on the request of plaintiff’s counsel for the personal appearance of the President at the hearing, now scheduled for January 26.
For these reasons, and as discussed briefly below, you should bring an end to this baseless, costly and unproductive hearing by withdrawing the original hearing request as improvidently issued.
It is well established that there is no legitimate issue here—a conclusion validated time and again by courts around the country. The State of Hawaii produced official records documenting birth there; the President made documents available to the general public by placing them on his website. “Under the United States Constitution, a public record of a state is required to be given ‘full faith and credit’ by all other states in the country. Even if a state were to require its election officials for the first time ever to receive a ‘birth certificate’ as a requirement for a federal candidate’s ballot placement, a document certified by another state, such as a ‘short form’ birth certificate, or the certified long form, would be required to be accepted by all states under the ‘full faith and credit’ clause of the United States Constitution.” Maskell, “Qualifications for President and the “Natural Born” Citizenship Eligibility Requirement,” Congressional Research Service (November 14, 2011), p.41.
Nonetheless, the ALJ has decided, for whatever reason, to lend assistance through his office—and by extension, yours—to the political and legally groundless tactics of the plaintiffs. One of the attorneys for the plaintiffs has downloaded form subpoenas which she tried to serve around the country. Plaintiff’s attorney sent subpoenas seeking to force attendance by an office machine salesman in Seattle; seeking to force the United States Attorney to bring an unnamed “Custodian of Records Department of Homeland Security” to attend the hearing with immunization records; and asking the same U.S. Attorney to bring the same records allegedly possessed by “Custodian of Records of U.S. Citizenship and Immigration Services.” She served subpoenas attempting to compel the production of documents and the attendance of Susan Daniels and John Daniels, both apparently out of state witnesses, regarding Social Security records. She is seeking to compel the Director of Health for the State of Hawaii to bring to Atlanta the “original typewritten 1961 birth certificate #10641 for Barack Obama, II, issued 08.08.1961 by Dr. David Sinclair…,” even though Hawaii courts had dismissed with prejudice the last attempt to force release of confidential records on November 9, 2011. Taitz v. Fuddy, CA No. 11-1-1731-08 RAN.
In Rhodes v. McDonald, 670 F. Supp. 2d 1363, 1365 (USDC MD GA, 2009), Judge Clay Land wrote this of plaintiff’s attorney:
When a lawyer files complaints and motions without a reasonable basis for believing that they are supported by existing law or a modification or extension of existing law, that lawyer abuses her privilege to practice law. When a lawyer uses the courts as a platform for political agenda disconnected from any legitimate legal cause of action, that lawyer abuses her privilege to practice law….
As a national leader in the so-called ‘birther movement,’ Plaintiff’s counsel has attempted to use litigation to provide the ‘legal foundation’ for her political agenda. She seeks to use the Court’s power to compel discovery in her efforts force the President to produce a ‘birth certificate’ that is satisfactory to herself and her followers.” 670 F. Supp. 2d at 1366.
All issues were presented to your hearing officer—the clear-cut decision to be on the merits, and the flagrantly unethical and unprofessional conduct of counsel—and he has allowed the plaintiffs’ counsel to run amok. He has not even addressed these issues—choosing to ignore them. Perhaps he is aware that there is no credible response; perhaps he appreciates that the very demand made of his office—that it address constitutional issues—is by law not within its authority. See, for example, Flint River Mills v. Henry, 234 Ga. 385, 216 S.E.2d 895 (1975); Ga. Comp. R. & Regs. r. 616-1-2-.22(3).
The Secretary of State should withdraw the hearing request as being improvidently issued. A referring agency may withdraw the request at any time. Ga. Comp. R. & Regs. r. 616-1-2-.17(1). Indeed, regardless of the collapse of proceedings before the ALJ, the original hearing request was defective as a matter of law. Terry v. Handel, 08cv158774S (Superior Court Fulton County, 200, appeal dismissed, No. S09D0284 (Ga. Supreme Court), reconsideration denied, No. S09A1373. (“The Secretary of State of Georgia is not given any authority that is discretionary nor any that is mandatory to refuse to allow someone to be listed as a candidate for President by a political party because she believes that the candidate might not be qualified.”) Similarly, no law gives the Secretary of State authority to determine the qualifications of someone named by a political party to be on the Presidential Preference Primary ballot. Your duty is determined by the statutory requirement that the Executive Committee of a political party name presidential preference primary candidates. O.C.G.A. § 21-2-193. Consequently, the attempt to hold hearings on qualifications which you may not enforce is ultra vires.
We await your taking the requested action, and as we do so, we will, of course, suspend further participation in these proceedings, including the hearing scheduled for January 26.

Very truly yours,
MICHAEL JABLONSKI
Georgia State Bar Number 385850
Attorney for President Barack Obama
cc: Hon. Michael Malihi (c/o Kim Beal (kbeal@osah.ga.gov))
Van Irion, Esq. (van@libertylegalfoundation.org)
Orly Taitz, Esq. (orly.taitz@gmail.com)
Mark Hatfield, Esq. (mhatfield@wayxcable.com)
Vincent R. Russo Jr., Esq. (vrusso@sos.ga.gov)
Stefan Ritter, Esq. (sritter@law.ga.gov)
Ann Brumbaugh, Esq. (abrumbaugh@law.ga.gov)
Darcy Coty, Esq. (darcy.coty@usdoj.gov)
Andrew B. Flake, Esq. (andrew.flake@agg.com)

 

Sec of State in Georgia to Obama:

http://gold-silver.us/forum/showthread.php?58336-Ga.-judge-orders-presid...

Michael Jablonski
260 Brighton Road, NE
Atlanta, Georgia 30309
michael.jablonski@comcast.com

RE: Georgia Presidential Preference Primary Hearings

Dear Mr. Jablonski:

I received your letter expressing your concerns with the manner in which the Office of State Administrative Hearings ("OSAH") has handled the candidate challenges involving your client and advising me that you and your client will "suspend" participation in the administrative proceeding. While I regret that you do not feel that the proceedings are appropriate, my referral of this matter to an administrative law judge at OSAH was in keeping with Georgia law, and specifically O.C.G.A. § 21-2-5.

As you are aware, OSAH Rule 616-1-2-.17 cited in your letter only applies to parties to a hearing. As the referring agency, the Secretary of State's Office is not a party to the candidate challenge hearings scheduled for tomorrow. To the extent a request to withdraw the case referral is procedurally available, I do not believe such a request would be judicious given the hearing is set for tomorrow morning.

In following the procedures set forth in the Georgia Election Code, I expect the administrative law judge to report his findings to me after his full consideration of the evidence and law. Upon receipt of the report, I will fully and fairly review the entire record and initial decision of the administrative law judge. Anything you and your client place in the record in response to the challenge will be beneficial to my review of the initial decision; however, if you and your client choose to suspend your participation in the OSAH proceedings, please understand that you do so at your own peril.

I certainly appreciate you contacting me about your concerns, and thank you for your attention to this
matter.

Sincerely,
Brian P. Kemp
Georgia Secretary of State

 

Thu, 01/26/2012 - 00:38 | 2098808 ebworthen
ebworthen's picture

Economies of Scale.

Those douchebags have no idea how many people smarter than them would work for $200K and commute.

But...that is what makes a market.

Thu, 01/26/2012 - 00:40 | 2098811 Agent P
Agent P's picture

Fidelity: the quality of being faithful or loyal.

Gotta love the irony!

Thu, 01/26/2012 - 01:13 | 2098886 WestVillageIdiot
WestVillageIdiot's picture

You could have some fun with the "Investments" part as well. 

Thu, 01/26/2012 - 01:19 | 2098891 rosethorn
rosethorn's picture

After all, if you don't have a Manhattan business address, you are a nobody.

:snark:

Thu, 01/26/2012 - 01:52 | 2098916 FranSix
FranSix's picture

You simply have to be able to sit right beside the hum of the HFT servers directly connected to the optical cable and watch the blinking lights to really feel that you're a part of things.

Or, you could be a... PLUMBER!!

Thu, 01/26/2012 - 03:31 | 2098966 MsCreant
MsCreant's picture

Plumbers provide a useful service. 

Thu, 01/26/2012 - 04:47 | 2098999 IQ 101
IQ 101's picture

where would you be without plumbers? shitting in buckets as apro to your kind, you no value, not needed fuck,

 

 

Thu, 01/26/2012 - 08:17 | 2099099 Bicycle Repairman
Bicycle Repairman's picture

It took me all of a day to learn how to plumb my house.  Whenever I need a plumber or HVAC guy to do something special, I watch, I ask questions, I learn and next time the job is mine.

Thu, 01/26/2012 - 03:07 | 2098959 Bear
Bear's picture

27 Leave Fidelity ... 2,700 line up fo their jobs in Jersey City ... It's not Newark you know

Thu, 01/26/2012 - 05:30 | 2099014 Bokkenrijder
Bokkenrijder's picture

Like any form of gambling: quit when you're ahead!

Thu, 01/26/2012 - 07:27 | 2099062 Freewheelin Franklin
Freewheelin Franklin's picture

Maybe they would prefer working for Prudential in Newark?

Thu, 01/26/2012 - 07:33 | 2099066 itstippy
itstippy's picture

"Number Affected:  27- employees who have not accepted relocation packages"

There are several reasons one might opt out of a relocation package.  Perhaps relocation triggers golden parachute clauses for the lucky 27?  Take the $, move to Palm Springs, play golf and drink. 

Thu, 01/26/2012 - 08:15 | 2099096 Bicycle Repairman
Bicycle Repairman's picture

That's right.

Thu, 01/26/2012 - 07:46 | 2099070 silvertrain
silvertrain's picture

Can you carry a piece in NJ? I know they cant in NY..

Thu, 01/26/2012 - 08:00 | 2099080 Papasmurf
Papasmurf's picture

I wouldn't live  in nue joisie either.

Thu, 01/26/2012 - 08:16 | 2099097 Raskolnikoff
Raskolnikoff's picture

Jersey is a beautiful place, that is if you have soprano money to be able to live there. South Orange is very scenic, but like night and day it is right next to Newark, a pit from hell. The area northwest of Paterson is serene and heavenly. Jersey gets no respect. There are quaint little communities that line the Delaware River too, it's just too bad that Camdem happens to be there too.The real problem with Jersey is it is in between New York and Philadelphia

Thu, 01/26/2012 - 08:04 | 2099085 whoopsing
whoopsing's picture

I find it hard to believe that a company couldnt re-sign a lease at very favorable terms downtown in todays market.

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