For all of mankind I hope you just got 6 phone calls Bess....

As far as we know, caxton is not going to blow up.
That's it.

Are you still hearing rumors on Caxton? That one has been floating around for ages now!

Throw it on the wall and see what sticks, eh?

I for one hope that Bess just got 0 calls. That will make me feel good about my efforts to bail out of this entire "industry" for the time being.

Buddy of mine at Stark denied it. Take that for what you will.

No ill will towards the folks at Stark (I hope the rumors are unfounded), but what's a serious hedge fund doing in MILWAUKEE?

that shoulda been the first sign not to invest...

score! didnt know getting bess' email would be this easy

and by email i meant phone #

Caxton went to cash week+ ago. Down on the month of August 6-7% but not out of business by a long shot.

Tudor too smart and too fast/risk averse and too armageddon to go out of business in this environment.

JWH, possible, but if you are down to 500 mio of your own money, who cares.

Friends out with Citadel commodities last night, they in fine shape. Hiring.

Don't know Aspect.

Stark recently hired a double reject acquaintance. I had never heard of them. What do they do with their billions?
And Why Milliwaukeee?

wasn't there some news out last week the raptor fund was down ~9%ytd most coming from the past month?

Hi Y'all. Well, here's what happened. Me'n the wife was livin in a tralor park and we seen an ad to get a 500 thousand dollar home for $898/month. So we applied and got it on a "teaser" loan the feller called it an that was a year ago and then I got news today that the teezer was over per agreement and now I got to pay $5800.00 per month for the house and well y'all can just have it back. oh, I tried to sell it like them shows on Home and Garden TV show happenin all the time but when I went to do that the broker jist laffed at me.

Gotta go....wife says our video is on Yuvutu now!!

Yes, but in that position, Paul will hedge out his Raptor risk. Numbers will all be available tmrw, for reasons I cannot explain.

Raptor was down 9% in July.

thanks dealbreaker for making other journalists do the dirty work and chase all your piddly rumours

Is there any hope for my two friends just graduating college this coming year to get jobs in financial services? I'll presume no and will ask a follow-up... Outside of which subway station should they sit in order to fill up their cups the fastest with the highest value coins (maybe dollars if a stripper walks by thinking they're cute)? Thanks.

Not sure if this rumor is true, but word has it that BMW Wall St. is rebranding itself Hyundai Wall St.

You have to "love" East Coasters. A bunch of arrogant NYC ******** think that if you're based anywhere but the "financial capital of the world" you can't be any good. It may shock you to learn that with technology you can trade from anywhere, not just midtown NYC, Greenwich and the Hamptons.

"I've never heard of them." Maybe that's why they're in Milwaukee. So they can focus on investing, not catering to a bunch of dimbulb 27 year "analysts" asking inane questions.

All I can say is Brian Stark peeled out of the parking lot 30 mins ago..

Seriosuly though, which subway station do I need to sit in front of in May '08?

So many huge egos...God forbid you're not from NYC, you are automatically an idiot. Are you guys for real, or are you just simply in your last hurrah of arrogance before you're all laid off?

rumors are also added to well-founded apprehensions. Rumor doth double, like the voice and echo,
The numbers of the feared.
- William Shakespeare,

I'm not in NYC and I feel like an idiot. Rightly so, I think.

rumors are also added to well-founded apprehensions. Rumor doth double, like the voice and echo,..
- William Shakespeare,

Just practice "Do you want fries with that?" and "Would you like to Biggie Size that?"

also, Hyundai was not the company that took over BMW Wall Street, it's that new ChiCom company Cherry motors.

The real Warren Buffett lives/trades in Omaha....a far cry from Manhattan or that other state north of New York and he is the second wealthiest trader in America!

I am trying to imagine Timmy or Zach in Omaha. Of course, so are many others.

shijishang, shi zhongguo zai shijie zhongjian.

nanguai women guojia jiao "Middle Kingom"!!!

You don't HAVE to be in NYC. There are other perfectly acceptable places to run a hedge fund: London, Hong Kong, Chicago, San Francsico. Not to mention several relatively acceptable places: Los Angeles, Boston, Washington, even Texas. Milwaukee? Not on the list. Niether is Florida, in case you were wondering.

FivebyFive..... what's up with the hate towards NYC? Couldn't make it here?... aww shucks.... I'll send you a postcard from downtown Manhattan, not midtown Manhattan. Which is the only place you mentioned that actually is in NYC.

Michael Roth just yelled at all the traders on the Arb desk that he better not catch any of us on dealbreaker.com.... Thank god for the iPhone. The view of the lake isn't so nice today I wouldn't be surprised to see someone float by.

No way Bess gives up the digits that easy. It's probably Hahn's number.

Michael Roth just yelled at all the traders on the Arb desk that he better not catch any of us on dealbreaker.com.... Thank god for the iPhone. The view of the lake isn't so nice today I wouldn't be surprised to see someone float by.

"Warren Buffett lives/trades in Omaha"

Exactly ....

Wah wah wah, they're trash talking my city. I used to deal with a guy who worked out in Minnesota at some shit firm (as you knew already by it's location), and he was a NYC reject just like the rest of you. There are many respectable places, we're simply saying that Milwaukee isn't on the list

Hey... someone left out LEH. I am disappointed.... it's already 1:30pm and LEH is still down less than GS. What's the world coming to....

I think if you dk'd all trades with FL, Milliwaukee, and MN firms you might have a risk management system right there.

AXA Money Market Fund that went down hard early in this crisis.....run out of Mpls.

Old Milwaukee beer and Stark, Milwaukee.

John Henry, Florida.

Bridge that Collapsed, Minnesota.

Jeff Larson, Cargill, Minnesota.

Bratwurst, Milwaukee.

See????

CFA results are out

"Michael Roth just yelled at all the traders on the Arb desk that he better not catch any of us on dealbreaker.com.... Thank god for the iPhone. The view of the lake isn't so nice today I wouldn't be surprised to see someone float by."

It's official. Stark has blown up and its employees are drowning themselves in a nearby lake.

Why would you want to live in frigid bumf&ck milwaukee when you could live in NYC? Ok so its 12x more affordable blah blah but who gives a rats ass. There is no comparison.

Oh, and since when is Warren Buffett a trader?

Exploding steampipe- New York
Subway that doesn't work when it rains-New York
Quant funds- mostly New York
Bear Stearns- New York

I have to give you Old Milwaukee. There's no defending that.

is stark leveraged on it's arb desk?

take this pro/con NYC arguement to The Levereged Sellout where it belongs...

yea bring it bitches

at least milwaukee's not funny of trannies and fags

at least milwaukee's not full of trannies and fags

I just called my arb desk at Ziplip and threatened to fire anyone caught viewing dealbreaker and while texting that message I rear-ended the MP fo Soap-On-A-Rope Capital Partners and while exchanging insurance data I discovered he had been doing the same thing and it turns out we both have yachts at the same club and we'r talking about taking his G-7 to Monaco to get away from it all since they have such good security there you know and we both don't want to take calls today.

Atticus Capital.

That is all.

bitches

Yeah Atticus is knee deep in FCX.

Any of you experts know ....no guess...KNOW anything about Wisom Tree? They went belly up once before under the name Individual Investor Grp...Now with the added help of his wife Maria Bartiromo on CNBC Jonathan Steinberg....doing better?....or goin down? A Little help here.

I don't know about Wisdom Tree, but Maria's definitely going down.

fed announcement in 15 min

Milwaukee, are you kidding me. You might as well be based out of Camden.

"I don't know about Wisdom Tree, but Maria's definitely going down."

WELL played, sir!

Milwaukee is a toilet-bowl for sure, but the girls (young hot riches) have never been soo plentiful.. You drive anything decent and you get some night 1.. Think about what your up against hicks and packer fans.. Like shotting fish in a barrel.

Dam.... body looked like the risk manager just floated by!

Who is puking out all these arb names???? Anyone with any liquidity is going to have a banner year next year.

What is your concern with Wisdomtree ETFs?

DB is loving all the internet traffic they're receiving now

what is p&l at stark, stark insider?

check out the line throughs, two people called!

I think I just saw Stark and Roth outside throwing calculators at each other.

cmon now, nothing could be as bad as living or working in jersey

"Bridge that Collapsed, Minnesota."

How is that funny? That's like me saying "9/11, downtown Manhattan". Must be all the Vinny's.

Just saw a huge whale clients from River Hills pull up and launch his cig out the window of his Bmw 7 series.

Stark and Roth are MIA now, but no dealbreak.com or you will be swimming in Lake Michigan which is a stone throw away from the trading desks.

oh, i don't know. putting 100 tons of material on a bridge and it collapsing is a little different than 9/11.

I don't know why you guys are talking funds losing money, I thought I told you, Subprime is contained!!!

Poole didn't say sub prime was contained. He said the dumb asses to lent to sub-prime customers deserve what they get.

Jersey is actually really nice, once you go ~10+ mile radius away from nyc. Fortunately or unfortunately all most of you know is the newark/elizebeth/camdeb sharty areas which is fine, leaves more room for the rest of us to enjoy.

Jersey girls however are another story, straight up trashy (which is again, also good, butt i digress)

Hey, what's the deal, you're striking out names, are IR people actually calling from these funds? (...or maybe their attorneys?!)

strikeout means the manager has confirmed they're not blowing up.

...or the manager is pulling a Solengo on DB, and slapping a cease & desist on them?

We're striking out names based on reliable information from reliable sources. We can't say who or what, of course, because we're getting the information off the record.

So you'll have to trust us on this. The names aren't being crossed off for nothing.

John, Roth put a Glock-17 to my head when I made that call to tell you everything is fine. I am under my desk now and Roth just lit up his Bloomberg terminal.

SOS.... Help!

that number and 4 for bess's beautiful voice

4:21 - Carney?

We're gonna do it!
We're... gonna make it after all!!!!

FT.com seems to have an updated performance for GAMut investments, a fund that is supposedly run by Caxton for them and is the same as the flagship fund. Would this be a correct understanding?

Stark isn't even run out of Milwaukee proper. If it were, you could at least live in Chicago and commute. Instead, it's a suburb of Milwaukee.

So the options are:
1) Train from Chicago, then cab 15-20 minutes back south. Repeat in the evening -- plus waiting for the cab. (2 hours each way)
2) Drive. (2 hours each way)
3) Live in Milwaukee.

All of these options suck. But I'm sure that's had no effect on their ability to get quality people.