TED seldom fails to make me spit coffee all over my monitor, and today's excorciating review of the hiccups in financing the deal is no exception.
The Epicurean Dealmaker: Ch-ch-ch-ch-changes
Chief Financial Officers at the five banks were likewise incommunicado, as they were busy preparing massive reversals to the accrued bonus pools to cover expected loan losses and simultaneously polishing their resumes. Staff at all five banks' leveraged finance groups were put on suicide watch.
...
Members of the 85 Broad Street cell of Al Qaeda issued a communiqué declaring a cessation of hostilities against Goldman Sachs employees, stating that "the infidels have been punished enough."
Magnificent.
Wednesday, July 25, 2007
The Epicurean Dealmaker gets testy with the Cerberus/Chrysler buyout
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3 comments:
Uh, sorry, Lee. I'll try to be more careful in the future.
Do you think I should put a Monitor Protection Disclaimer on my blogsite?
TED
No, don't let my inability to keep down my Venti Mocha Frappalatoria El Grandioso in the face of biting snark and invective interfere with you doing what you do best!
Besides, LCD monitors are cheap these days. Cruel commentary is priceless.
Now did China really, REALLY block you? Or was it a bad body block aimed at a fan? Luv the logo for it.
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