2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.94

+0.2%

Nov 19 4:00 PM EST

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To: carranza2 who wrote (42834)	11/17/2008 6:10:50 AM
From: TobagoJack	Read Replies (2) of 217882

just in in-tray ... grim Have been hearing stories of some the the biggest tycoons here in Hong Kong getting absolutely pummelled. (my boss isn't up obviously, but doing much, much bettter than some of his peers). Top 8 guys at Goldman passed on their bonuses. I was told that most of the higher-up guys are likely to get 90% cuts in bonuses from last year. One word on someone visiting NYC last week = grim Cathay flight from HKG to NYC, usually fully booked, was only 25% occupied both ways. Fare cuts coming soon? NYC car service business down 50% Most IB firms are looking to raise brand new debt funds, as that is the obvious cheap place in capital markets... (as I've been writing about). Buy now and front run the new funds!! <g> Rumor that MS will cut 15% of staff by year end, and another 15% in Q1. Rumor that by the end of Q1, Citibank staff will have been cut by 35% from the top.

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