iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

A Letter to Mr. Lewis

Dear Mr. Lewis,

I require fancy things, because I am accustomed to such niceties. Prior to receiving my services, I request several things from your embattled firm, which are, as a point in fact, non-negotiable.

The interior of my office is to be laced with pearls and my desk must be of the antique variety, preferably colonial era zebrawood. My wife says I look good tanned next to zebrawood.

Once inside my office, I must feel captivated by the decadence of 17th century Persian rugs, which can be acquired from the Newport Restoration Foundation. And, let’s not forget, I must have several chrystal chandeliers, made from Strass, all within 14.5 feet of each other, in order to capture the perfect lighting and establish proper ambiance.

My chairs must be from Africa, made from 100% pure ivory elephant tusks; and my bathroom is to be constructed with the rarest black Moroccan marble available, preferably from the Pietra Naturale quarries.

Last but not least, because I am an awfully busy, busy man, of great importance and consequence, I must be in possession of a regal commode—as I am too busy to walk to the rest room during work hours. See, I am in the business of creating wealth for the world and find it extraordinarily cumbersome to gallivant to the local bathroom, which is 20 feet from my desk.

When I have to go, I must go.

Oh, one more thing, I will also need all of the crown moldings and lamp shades replaced, with something of a French, 16th century flavor.

Be sure to spend no less than $1,220,000 on these small, minor luxuries. Remember, your company is in great need of my expertise and services.

After these demands are met, I shall endeavor to increase the quoted share price of your beleaguered firm, in exchange for a small stipend of only 300 million dollars in stock and cash bonuses.

All agreements and conditions of my employment shall be agreed upon under strict contract, which shall be forwarded to you from our legal department, by the end of today’s trading. Failure to live up to such said demands shall lead to my automatic resignation, by which your firm will be obligated to offer severance of 550 million dollars.

Good Day,

Mr. J. Alexander Thain

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54 comments

  1. jaques Parizeou

    And to look real nice , he needs a Orlo Salon haircut. apprx $800.00

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  2. Topper Harley

    ROFLLLLLLLLLLL

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  3. Goldie

    Short XLF to 0.0001. Fuck these A-Holes. FAZ to 1,000!!

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  4. TraderCaddy

    Sure looks like Florida’s “Old Sparky” and used as the electric chair at the State Pen.
    Looks convenient too. When the prisoner craps when the current hits there is a pull out bowl for easy cleanup.

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  5. Ken Lewis

    Dear Mr. Thaine,

    Why pay $1,220,000? I know a decorator who can create the perfect office for not a penny lower than $3,000,000.

    In fact, if I haggle (which I will, in a vigorous fashion), I think I can get the price up to $4,000,000. I’m known to always get the best price in my deals.

    Sincerely,

    Ken

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  6. boca

    I could have gotten it for Thain wholesale.

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  7. MOOBER

    Bravo, Fly! One of your best yet.

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  8. Cuervos Laugh

    Epic post.

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  9. ElScorch

    fucking classic.

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  10. Angelo Mozillo

    Small timers.

    I spent $1.2M on a tanning appliance, cuff links, and tooth whitening.

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  11. boca

    excuse me Cuervos, one day could you explain in the PG, this whole Chi-score bizness in a way that a person with only elementary statistics knowledge from years ago, can understand?

    I’d like to follow along your 357MA trades and understand it better.

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  12. Cuervos Laugh

    Sure.

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  13. Gecco

    I wonder if he uses the cupholder for Budlight.

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  14. boca

    thanks Cuervos 🙂

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  15. Leonard The Monkey

    Somebody should put a bullet in that fuckers head.

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  16. Braveflaps

    Step away from the credenza, motherfucker!!

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  17. Skyb0x

    Classic line: Last but not least, because I am an awfully busy, busy man, of great importance and consequence, I must be in possession of a regal commode

    LOL!!!

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  18. Skyb0x

    This is probably the look on Lewis face when he was ousting Thain.

    http://cache.daylife.com/imageserve/09QC7YP4ieclq/610x.jpg

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  19. Skyb0x

    And, here’s the look on Thain’s face thinking of his regal commode.

    http://cache.daylife.com/imageserve/06P75KAehKgOB/340x.jpg

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  20. boca

    good pics Skyb0x

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  21. Cuervos Laugh

    @boca, it’s up. Hope it clears a few things.

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  22. jg

    classic.

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  23. john travista

    Today 10:00pm
    Microsoft Corp (US) Millions of computers have been infected by a software worm – NYT

    – The virus is seen as the worst since 2003.
    – The worm is called Conficker or Downadup and it exploits a vulnerability in Microsoft’s Windows.

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  24. 308

    citi gets happy on MA & Visa tonight:

    Initiating Coverage of Visa and MasterCard.

    — Initiating coverage with a Sell rating on MasterCard (MA, target $110) and a Hold rating on Visa (V, $46).

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  25. The Fly's Accountant
    The Fly's Accountant

    Don’t kid yourself. The Fly was simply describing his own surroundings.

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  26. The Chart Addict

    I am trying really motherfucking hard to get pics of Thain’s office. Fucking Money shot. Cross your fingers.

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  27. Be Bullshi

    Now let’s not be too hard on the guy.

    Any CEO can go fuck a can of corn.

    But it takes a CEO with the talents of Lewis to fuck the can of corn and then eat it immediately thereafter.

    And it takes a CEO with the talents of Thain to not merely fuck the can of corn and eat it, but to leverage the fuckery by *fucking the very same can of corn the next morning*. And that’s why the $35,000 elevated toilet was a legitimate business expense. You can’t take a chance on automatic commodes that might flush your capital down the drain, especially when your entire business strategy is based on straining to leverage the company’s asses.

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  28. The Chart Addict

    too fucking late.

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  29. pn

    I didn’t know robots take shits.

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  30. TheArtist

    Fly that was great, and, a wonderful photo to go with, love the cup holder…….it that mother of pearl?

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  31. The Zombie

    Excellent post.

    The Fly is God.

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  32. Aris

    A+ posting.

    would read again.

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  33. Topper Harley

    Pfizer Inc. is in talks to acquire rival drug maker Wyeth in a deal that could be valued at more than $60 billion, said people familiar with the matter.

    http://online.wsj.com/article/SB123268511212809429.html

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  34. Chuck Bennet

    These fuckers are doomed.

    more to come.

    regards

    chuck

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  35. Lady Guenevere

    Classical, classy stuff Sr. Fly! You make me laugh and I dig you for that!
    .

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  36. rainman

    Great read. A man with such fine tastes is no one to trifle with. I will place all my families monies in such cultured hands.

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  37. Damon

    Did you hear about what really brought down the US Air flight into the Hudson?

    Did you really think they were just geese?

    Conspiracy abounds:

    http://www.ehowa.com/showpicture.shtml?image=whatbroughtdownusair.jpg

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  38. Oxy Moron

    Why would you rather short those other 4 reits than SPG? SPG’s financials look worse to my lazy eye, with more rapidly increasing debt.

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  39. Juice

    Gap’n go to the downside?

    I will now STFU, and go back to my hole.

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  40. j

    Asian markets closed like shit and the Europe is trading like shit. This feels like the end of the world again.

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  41. Gio

    ha! good stuff. i’m impressed with your high culture adjectives. they were never ending.

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  42. Atlas Bubble

    Feels like Devil Dog has been right on everything….except his gold price target.

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  43. j

    Gio

    Who are you talking to? If it’s me, then fuck off, nimbus.

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  44. j

    Sorry, Gio. On reflection it’s clear you were referring to the flyster’s post. sorry again.

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  45. fire john paxson

    Fly, are you going long again today? Why not just send me your money directly?

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  46. omfgitsjd

    Looks like the board of directors found their scapegoat. Puts all their problems in a nice neat little box so they can steal more loot from the federal reserve.

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  47. Fred Ziffle

    Atlas Bubble,

    I just calculated your IQ. Good news…you finally broke 55. Your score 57

    Keep up the good work.

    Oh and for the record…perma bears look like geniuses when the market moves down. They also look stupid when the market moves up. Please make a note of that for your next IQ test.

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  48. Moses

    Zombie, why do you blatantly offend God? Repent.

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  49. Atlas Bubble

    Ziffle,

    What made my score go up?

    Oh, and some advice to you. Relax.

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  50. sniper6

    Mr. Thain forgot to request a crappy, blue, plastic AM radio. Where, oh, where could he find one of those???

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  51. TheRealTraderCaddy
    TheRealTraderCaddy

    Fly- Have any PPT info on EZPW?
    I worked with one of the Board of Directors members for 15 years and I see the stock is up. Pawnshops doing okay.

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  52. defleming

    Funny….but really more sad since its basically a true representation of how some think

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  53. anjing bau

    TLT is into the gap from 11/28 12/01…look for support at 104.44 the high of 11/20……that price objective will finish off an 1:1 ABCD pattern.

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  54. anjing bau

    GLD up on monster volume possible rotation out of treasuries into goldilocks

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