penny stock shit poster back again
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>FED -> In
Most of it's necessary functions are already performed by treasury. We do not need anything from it at this point. Bomb it into the stone-age
Look at:
treasury.gov and look at filings for last 1.5 years.
In name only at this point.
If you visit your bank in the future ask the manager who process most transactions now. It's not the FRB. Tellers would not know this.
"sculpture" I think
hive mind
Jefferies Sues Cantor For Stealing Dozens Of Employees
For years, "less than bulge bracket" bank Jefferies was best known for poaching (disgruntled) bankers from its competitors, and did so with gusto. It now turns out that the Dick Handler-headed bank is far less happy when it is on the receiving end.
Bloomberg reports that Jefferies Financial Group is suing Cantor Fitzgerald's global and Hong Kong units over the loss of dozens of bankers to the competing New York firm. In addition to suing the brokerage, Jefferies is also suing several employees who wound up leaving last year.
The lawsuit was filed in London last month against Cantor and three bankers from its power, energy and infrastructure unit. All told, Jefferies wound up losing 24 people from its energy coverage team to Cantor over the last year.
Banks suing over loss of staff is somewhat of a rarity - especially when one of the banks involved is chronic poacher Jefferies - despite the fact that brokerages have regularly turned to U.K. courts in an attempt to stave off this type of staff poaching. The bankers were said to be lured by Sage Kelly, a very prominent former healthcare banker at Jefferies , who now leads Cantor's investment bank.
Kelly famously resigned from the bank in 2014 after news of his divorce (and alleged cocaine abuse, alcohol abuse and orgies) spread like wildfire throughout Wall Street. Back in 2014, we reported that Kelly had left Jefferies. He then moved on to Cantor Fitzgerald in 2016, tasked with overseeing the bank's capital markets business. He was later joined by Anshu Jain, who was former co-CEO of Deutsche Bank. Jain's job, as described by Bloomberg, was literally to "steal share from larger banking rivals".
Cantor Fitzgeraldโs global and Hong Kong operations were named as defendants, alongside of employees like Carlos Candil, who is now a managing director at Cantor.
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Remember Howard Lutnick CEO who was 'delayed' on 9/11 because he was dropping his son off for school promised to pay the benefits for his employee's who were killed in the tower collapse.
from wikipedia
Because Cantor Fitzgerald lost two-thirds of its workforce, the company was in a vulnerable state, and many observers expected them to close.[12] Four days after the attacks, on September 15th, Lutnick announced amid much controversy, that he would have to stop the paychecks of nearly 700 employees who were missing or had died
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This is a sign that the institutions are starting to eat themselves.
https://www.zerohedge.com/news/2019-01-16/jefferies-sues-cantor-stealing-dozens-employees
Hero and Patriot.
will put some eyes on 'out west' soon. Dog is going to file for divorce if I don't take him out soon.
Baker do you want the screencaps from the earnings release's earlier this morning?
Nothing was put up.