I have a lot of ideas who should receive the illustrious Asshat of the Year award. It could be Jon Corzine or Reed Hastings, HERMAN CAIN or any one at all. As a matter of fact, it could be you!
I declare that you must decide, despite your lack of cranial functions. Leave suggestions in the comments section and I will review them, whilst sipping on my overflowing mug of Earl Grey.
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Jens Weidmann
Mario Draghi
The whole of Europe
Europe is a good call
That owlish looking guy that Farange was abusing the schiess out of… he MUST be the Asshat of the Year!
_________
Does it even need to be said?
Corzine.
Seconded!
Combination of former Congressman and Governor plus Madoff-like thievery puts him over the top.
_____
Reed Hastings hands down. Managed to F_ck up a wonderful company which gave great customer service.
Sandusky.
he’s a fucking evil bastard. Let’s keep it focused on finance.
Congress for insider trading. Not a lot of people talking about it on main street. Gots to raise the awareness of the people.
Congress
US Senate
And Congress
Ultimate AA+sshats!
Congress continues its multi-year nomination streak, I see. Will they become the first back to back winner?
Let’s hear it for Congress.
Clearly corzine, but also whitney tilson. His call on nflx long and short is epic, and don’t forget short nflx long gmcr went like 35%I against him in one week or so
The American Public.
Or perhaps the creator of the device that taught them everything they know. John Logie Baird, creator of the television.
The CEO of NFLX has to be in the running. As far as market impact, whoever the fuck runs S&P should be in the top ten.
Not sure anyone should beat Corzine though. He’s an EPIC asshat.
…asshat and intentional media-created distraction… the insignificant little guy who serves as fodder to ensure the real perps never get touched.
If there are perps bigger than the ex-Chairman of Golden Slach, ex-Senator from New Jersey and ex-Governor of New Jersey, they must be 13-foot space alient mind manipulators from Alpha Centauri!
(oooh, what’s that sudden fugue in my mind? The smokey fog… what was I saying? Who am I?)
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On behalf of Nigel Farage…… Herman Van Rompuy
lol
Uncle Buccs — that’s the guy (see above).
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He was my first choice, but then I immediately began thinking about who put the unelected Van Rompuy in place as the EU’s “face”… and the visionaries who led to that… the people the news media never mentions. The REAL asshats, not the intentionally-created distraction asshats.
This year is extremely difficult,however, after much deliberation- Corzine.
imelt,cramer, all of cnbc, fuck even asshole herb greenberg douche bag
Merkozy,
Merkal & Sarkozy (joint award) for f*&%ing the world economy in order to try to get re-elected. When they had a clear remit to solve the Euro debt crisis.
A mess up with years worth of future pain for ALL nations.
Bank Stress Test commitees
John (MoFo) Corzine
Congress in general…so many reasons here.
How about CRAMER?
Seconded. From silver, banks to his retarded defcon to buy to defcon calls just so much material to work with.
Meredith Whitney, Dick Bove, John Paulson or the entire staff of CNBC are my votes.
Time magazine
Occupy Wall Street by far. The whole fucking lot of them were asshats.
How about George Soros, for helping to fund the first OWS protest in NY?
I will vote for the whole EU and their legion of useless burocrats. They all deserve the award.
Lloyd Blankfein. To me he’s the epitome of what greedy bankers are, physical appearance included.
OT, I know you drink tea, but every time I went to $TEA to have samples I never saw anyone BUYING. Not sure why your impression of it is so positive.
Jim Balsillie and Mike Lazaridis
Anyone with any power at Penn State
Brian Harrison- Solyndra’s Chief Douche
Netflix CEO Reed Hastings, or at the very least he deserving of an honorable mention
Hasting really does deserve the grand prize this year. I said someone else to things interesting, but this shmuck took the cake.
the bearded clam
Corzine
HP’s Board of Directors for their incredible ability to unconditionally reward executives.
Zerohedge and Tyler Durden
Moodys and S & P, are my nominees. The fact that these clowns retain any credibility is amazing. Corizne is a douche too!
I nominate Maurice Strong. He’s the unelected chief visionary behind the United Nations/central banking effort to construct regional and world communitarian government.
Amitai Etzioni, Saul Alinsky and Karl Marx take a close second.
Communitarian, defined:
http://en.wikipedia.org/wiki/Communitarian
“Some people have argued that communitarianism’s focus on social cohesion raises similarities with nationalistic communism, or various forms of authoritarianism…
If you have to define who the guy is I doubt he’s up for consideration.
corzine has to be the person come on dr. fly hey thanks for keeping my head above water this year. have a great christmas.
Jon Corzine’s evil beard. Runner up his hairdo. 2nd runner up his crooked fingers.
The entire fucking NBA who single handedly managed to kill small mom and pops who rely on the games for their income.
You can find a job as a parking attendant somewhere else.
At first blush, it’s Corzine, but he’s evil, not really my definition of an asshat.
I think Herman Cain gets the asshat award. His flame-out was epic.
The Fly should award Herman Cain a runner up prize on the next September 9, at 9 pm.
The entire non-honorable US Congress.
No one asshat could possibly have done as much damage as they have collectively done this year, though sins of commission and omission.
The gap-up, or gap-down
If it’s NOT Obama then there should be an investigation into the vote count.
corzine, most of the other nominees are still somewhat in business. he destroyed a long term company with reckless wrong oversized bets. you can be anyone of these and likely survive,…. but all three. with a
little fraud gravy.
Congress
How about the central bankers who purchased Congress for the ultimate purpose of getting rid of Congress and representation altogether?
Corzine – Gold Medalist
Dick Handler – a distant second place silver
Dick Bove – A close 3rd. Bronze medalist in Asshatery
Special Mention: EUROPE. I ould have given them the GOLD. If Time can say ‘Protesters’ I can say ‘EUROPe’ Those socialist cocksuckers fucked my year. They deserve a second bout of the Black Plague.Fuckers.
BARRY SOETORO
Need two divisions of Asshat of the Year, Domestic and Euro.
Euro division winner is—-the whole fucking continent.
Domestic, has to be Corzine.
This is correct. Need 2 divisions this year – Excellent point.
The Eurozone
Corzine
Dick “MF Global won’t go bankrupt” Bove
Yahoo’s board or Jerry Yang (its hard to blame one individual since Carol Bartz is gone) for allowing Jack Ma to steal Alipay from right underneath their noses.
The CEO’s of RIMM
The degenerate animals at OWS
Anthony Wiener
Surprised Rick Perry’s flame out was not noted however my vote is for Corzine
Sort of irrelevant compared to the Herminator’s PR blunders.
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Funny, this is one of the most responded to posts I’ve seen in a long time.
No shortage of nominees!
Gold Bulls for thinking they will get ahead holding paper or even in a bank vault
Western civilization politicians, both our own US douchebags and the clueless Euro beaurocrats!! Corzine only stole a few billion these jackasses are putting us all on the hook for many times more and maybe even trillions.
1. Mercozy – For throwing Euroland into the coming depression.
2. John Corzine – For being an embarrasment to the ladies and gentlemen of high finance.
After seeing today’s market flame out again, I’d like to vote for the entire effing STOCK MARKET.
Read this after I wrote the same thing below.
I second Yogi & Boo Boo’s choice.
-DT
I’ll vote for Corzine. Though having said that, I do kind of like the notion of Europe being categorized as a collective group of asshats.
Dom Chu from Bloomberg tv, just because he looks like Po from the Teletubies.
For your own sake I hope you have kids. Otherwise you know way too much about Teletubbies for an adult.
The tick infested Occupy Wall St Protestors?
Jon “da Cockaroach” Corzine.
I’m a little late to this conversation, but if I could add my 2cents, I’d vote for the
S&P credit agency as the Asshat of the year.
They absolutely caused the most consternation in the market heading into the August budget deadline, everyone fearing the imminent downgrades. They were the talk of the world markets. Late to the fuckery in the mortgage mess, antithetical to the ongoings of congress.
Throw in the late to the party downgrades of the PIIGS, and now the shock and outrage of failing European economies, and I do believe you have found your Asshat of the year.
Credit agencies, particularly the S&P has been rendered irrelevant. The President had to step aside, and the mud-sliniging at these assholes for the “leaks” should not go unnoticed. I can’t imagine a more suitable award.
While I abhor Corzine, it is still to early to decide his fate, as much as I am sure what it should/will be. Also Corzine and the MF debacle isn’t any worse at this stage than the fuckery in US banks.
Corzine. Epic Asshattery, topped by epic ignorance, and served on a dish of epic arrogance.
Barack Obama, and the vote should not even be close. Go read this article:
http://spectator.org/archives/2011/12/14/our-marxist-wizard-of-oz
Barney Frank.
Excellent choice sir. Excellent.
William,
That article is ridiculous. It’s amazing how you clowns gravitate to the same tired, rehashed BS. Find some new material.
The idea that “affordable housing policies” were the primary cause of the financial crisis has been dis-proven again and again.
The stock market is the asshat of the year.
-DT
The tsunami in Japan was a real asshat…
-DT
eric jackson for his sum of the parts analysis on yahoo
85 comments and I thought Geithner’s name would have appeared by now. He’s not a gold medal winner (at least this year), but thought his name should appear. Also, can we nominate the Dodd/Frank bill? That thing has been an absolute nightmare. Yes, it was passed in 2010, but this is the year when businesses and companies got some understanding of it and implemented the policies. Asshats…
Incompetence in macroeconomics: I still can’t decide whether to award it to Congress – for being more interested in whether the gang from (D)elta or (R)ho gets to be next to rape the passed-out sorority chick in 2012, than about whether to call 911 or just hope she sobers up on her own. DeMint? Boehner? McConnell? Reid? Asshats, all of them, who need to collectively STFU, because nobody at Goldman gave any of them permission to speak.
Or do I give it to the Eurotards, for engaging in the same behavior on the scale of a contienent. For the political crowd, it’s all about ideological purity, not about following the orders that the markets have been trying to give them all. fucking. year.
If we’re talking actual financial harm, with malice aforethought: Corzine.
If we’re talking damage to a company and/or a brand arising out of incompetence: Reed Hastings of NFLX. It’s not really his fault that the studios wanted to put him out of business, but his flip-flopping on policy alienated his customer base and destroyed the company in the space of a quarter.
“Asshat”, to me, implies incompetence more than malice. I’m going to go with Draghi, Merkel, and/or Sarkozy. The US shrugged off its downgrade. Europe didn’t.
But Jesus H. Christ, it’s a tough year for Asshat of the Year. There have been so many worthy contenders.
“Asshat”, to me, implies incompetence more than malice.
And with that I hereby nominate the upper management team at ATPG.
Exhibit 1: Mid year their president has the audacity to claim the stock is worth $70. About a week later the company issues more preferred shares while the common is trading at $15.
Exhibit 2: At an industry investment conference the CEO claims everything is just fine with the current well they are drilling. Less than 48 hours later ATPG files a permit for bypass with BOEMRE. It’s another 2+ months before the well is brought online.
Exhibit 3: Said well mentioned in Exhibit 2 comes on line. Press release espouses a flow rate of >7k BOEPD and an overall company production rate of 31k BOEPD. One month later in the quarterly conference call the company states average production is down to 24k BOEPD. The new well is only producing 3.5K BOEPD.
Exhibit 4: Despite high oil prices throughout the year, shareholder equity has dwindled from $252 mln to just $126 mln.
Exhibit 5: Despite receiving permits at the end of March, company wide production went from 2,286 Mboepd in 4Q 2010 to 2,225 Mboepd in 3Q 2011. At the same time CAPEX was roughly $300 mln.
Exhibit 6: Management uses new “opportunities” in Israel as a smoke screen to cover up other operational inadequacies. Project in Israel will destroy any chance for a takeover by a larger more competent O&G company due to political risk.
Exhibit 7: Cheviot field in the North Sea was originally planned to start production as early as 2012. That has been pushed back to 2014 and there is no reason to believe it won’t be pushed back even further. Octobuoy facility under construction in China has been at “80% completed” status for a year.
Exhibit 8: Just recently company announces a $26 mln gain by selling deep drilling rights at their Telemark field. No mention of who bought these rights, nor the overall price paid is ever made.
In all I wish these guys would die in a plane crash.
President Obama for single-handedly presiding over the destruction of the constitution and bill of rights.
Rep Eric Cantor for blocking the passage of the law prohibiting insider trading by the assclowns in Congress.
http://www.fool.com/investing/general/2011/12/15/take-action-lets-hold-house-majority-leader-eric-c.aspx?source=ihpsitth0000001
Obama ..no contest