The bonus money is going to blow your mind.

Got it, a different stevejhx said that on September 22, 2008

Show me what you think I said - I told you what I said. I've never owned gold, never shorted gold, never owned the EEV, and don't know what it is. Since SE doesn't record the exact dates of posts, your memory is pretty fantastic. On or about September 22, 2008, I think I was worried about Lehman.

Got it, I have a fantastic memory, but I was fooled because a different stevejhx said all that.

You must've been.

> Civil conversation just cannot be kept in the presence of some.

By "some", I assume Steve means himself...

glad to see you've been freed swe. now, OCCUPY STREETEASY!!!

I think SE quickly figured out that the complainer was actually the one doing everything he was complaining about.

(and thanks)

swe, I'd like to think my rant against your being grayed out helped a little too :)

>swe, I'd like to think my rant against your being grayed out helped a little too :)

You guys are so sweet together.

http://dealbreaker.com/2011/12/bonus-watch-11-credit-suisse-2/

http://dealbreaker.com/2011/12/bonus-watch-11-jefferies/

I know these aren't GS or MS, but so far numbers are really low, if existing at all. And this is for those that have managed to keep their jobs.

Also I heard bonuses at biglaw are down from last year as well. (See abovethelaw.com)

no Sh!t..

"NYC10013
about 14 months ago

Oh, ericho, you will (hopefully) realize the folly of your ways in a couple years. LIC will be a pathetic bloodbath in 2-4 years. It's just a shame you can't see the train coming. But I still love that you're talking a big game when LIC is down 30-40% from the peak - takes cojones."

I'm still waiting for that bloodbath. Prices are creeping up. Why?
Where's that BONUS MONEY coming from?

Blow your mind my friends.

stop! this cant be real

ericho69 is real... what is so unbelievable about a bucket shop pump and dump stock borker eating his own shitty cooking by buying in the armpits of NYC RE? Even if it's got floor to ceiling windows... you're still having to deal with the body odor and hair...

Funny still, he thinks BONUSES are going up!!!! MFG that dude is funny... and his daughter should be 1st grader by now... NOW WHAT? LIC PUBLIC SCHOOL? DOH! nxt time use a condoms.. fk use multiple

Yo! 'ho

Have a nice bonus season

http://www.bloomberg.com/news/2011-12-18/rbs-hires-mckinsey-may-cut-half-of-its-investment-bank-telegraph-says.html
RBS Chief Executive Officer Stephen Hester, 51, has said the investment bank is unsustainable at its current size because of regulatory change proposed by the U.K. government-appointed Independent Commission on Banking and because of shifts in investor demand. The unit, which employs about 19,000 people in total, reported a 29 percent revenue drop in the third quarter compared with the year-earlier period.

“The investment bank, in common with many other investment banks, will have to shrink further in order to be sustainable,” Hester said on Nov. 4. “With income very hard to grow we do need to go back and take a very close look at the costs base. We are doing that, and unfortunately that will affect jobs.”

http://www.bloomberg.com/news/2011-12-18/credit-suisse-to-cut-bonus-pool-by-40-this-year-der-sonntag-reports.html
Credit Suisse Group AG (CSGN) will reduce bonuses for its employees by 40 percent this year, Der Sonntag reported, citing people familiar with the situation that it didn’t identify.

Bonuses will be cut to 3 billion Swiss francs ($3.2 billion) from 5.05 billion francs last year, the report said.

The newspaper said UBS AG (UBSN) might cut its bonuses this year as well, without citing anyone.

A Credit Suisse spokesman declined to comment.

With Goldman Sachs trading at all time lows GS $87.44 how much do you think their bonus pool will be.????

but Manhattan RE will go up... yea right

Credit Suisse to Cut Bonuses 40% This Year, Der Sonntag Reports

http://www.bloomberg.com/news/2011-12-18/credit-suisse-to-cut-bonus-pool-by-40-this-year-der-sonntag-reports.html#_=1324316028597&_version=2&count=horizontal&counturl=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2011-12-18%2Fcredit-suisse-to-cut-bonus-pool-by-40-this-year-der-sonntag-reports.html&enableNewSizing=false&id=twitter-widget-0&lang=en&original_referer=http%3A%2F%2Fwww.bloomberg.com%2Fnews%2F2011-12-18%2Fcredit-suisse-to-cut-bonus-pool-by-40-this-year-der-sonntag-reports.html&size=m&text=Credit%20Suisse%20to%20Cut%20Bonuses%2040%25%20This%20Year%2C%20Der%20Sonntag%20Reports%20-%20Bloomberg&url=http%3A%2F%2Fbloom.bg%2FuyBmBG&via=BloombergNews

All bullish. Wall Street money has zero to do with Manhattan.

Eunuch - I said 2-4 years about 14 months ago - apparently your lack of judgment extends from RE to basic math.

The train is still coming - choo choo!!

Jasonretard, any reason your link was 8 lines long instead of just over 1 like this?: http://www.bloomberg.com/news/2011-12-18/credit-suisse-to-cut-bonus-pool-by-40-this-year-der-sonntag-reports.html

I guess we'll just have to see.

love this one

Well, they were right about using the term "blow"...

One picture says it all

http://www.businessweek.com/magazine/paychecks-shrink-at-the-big-banks-02022012-gfx.html?chan=magazine+finance+channel_news+-+markets+%26amp%3b+finance

Not all. UBS is supposedly 60% off.

Wake the hell up folks.
Green shoot is over. It's a freak'n rain forest out there!!!

Jobs now at 8%!
Manufacturing is EXPANDING!
Confidence is growing!
10 year highs on the Nasd 100
All time highs on the retail sector (RTH)
AAPL (consumer sensitive company) is now the biggest company in the world selling consumer products like HOT CAKES!
NYC housing started to creep up over the past 8 quarters!
Stock Market continues to consolidate after the big rally off of the Spring 2009 lows

It's up up up and BLOW YOUR MIND!!!

And Junk bond yields continues to hit 5-10 year highs.
Lower yield...lower borrowing for companies.

Oh THE HORROR of being a stoopid bear!

ericho..you understand the concept (i think) but you get all the language worng...if bond yields are hitting highs than that means rates are going up.

ericho, everything you say sounds fantastic for Grenville, NC, Detroit, and San Jose. My post was about NYC>

NYC housing started to creep up over the past 8 quarters!

huh? I could have sworn I read somewhere 4th qrt 2011 was down

love this old post

blowing my mind!!!!!

A mind is a terrible thing to blow.

Think his was blown long ago. ergo the retard helmet.

"...UBS AG (UBSN), Switzerland’s biggest bank, cut its 2012 bonus pool and introduced a form of deferred cash awards that will vest in the fifth year following the grant and can be written off if the bank’s capital falls below the minimum regulatory level...."

http://www.businessweek.com/news/2013-02-05/ubs-cuts-2012-bonus-pool-7-percent-after-annual-loss-on-reorganization

"...Overall bonus pay of $2.8 billion was down 7% from 2011 and 42% from 2010...In October, UBS announced a massive restructuring that included cutting 10,000 jobs at the bank worldwide..."

http://money.cnn.com/2013/02/05/news/companies/ubs-report-loss/

"RBS to cut bonuses to pay US Libor fine"

http://www.ft.com/intl/cms/s/0/a0dc728a-6d2f-11e2-889d-00144feab49a.html#axzz2JwqukIq6

"Barclays cuts bonuses to cover cost of mis-selling"

http://www.channel4.com/news/barclays-cuts-bonuses-to-cover-cost-of-mis-selling

"Citigroup Said to Cut Investment Bankers’ Bonuses by 20%"

http://www.bloomberg.com/news/2013-01-18/citigroup-said-to-cut-investment-bankers-bonuses-by-20-.html

Jason, why do you hate bonuses? Did you get the toy in the Cracker Jack box but you had been hoping for the tattoo or stickers?

jason, is this really "news" at this point? cmon, man catch up!

This person things bonuses are super awesome:

http://streeteasy.com/nyc/talk/discussion/33909-downtown-hot

and in other threads too.

Im bullish but I think its important for people to know that the golden goose has stopped laying eggs. belive me i wish it wasnt so, but it is. I think your going to see more "real" money professions driving the RE market...doctors , lawyers etc...finance will always be around but its not gonna be like it was.

at these prices 'doctors and lawyers and such' can't drive the RE market higher.

thats ok...Ill be haapy with a nice compression of the bottom moving up and the top moving down

so...your theory is that as the top goes down, the bottom will come up?

C0C0 always with the good questions. C0C0!

hfscomm1.

another dopey friend of yours.

good boy C0C0, good boy!

hfscomm1.

Work at large bank. Bonuses were low. Finance industry contracting due to DF, Basel 3 etc.

jason, a breakfast tidbit:

http://www.bloomberg.com/news/2013-02-06/barclays-said-to-dismiss-traders-amid-275-job-cuts-in-manhattan.html

those cited are not exactly clerical staff

"UBS cuts bonuses to recoup Libor fine...

...In a move designed to appease regulators and investors, UBS has cut into its investment bankers’ bonuses to recoup a large part of its $1.5bn Libor fine..."

http://www.ft.com/intl/cms/s/0/525164f2-6f5c-11e2-b906-00144feab49a.html#axzz2JwqukIq6

Bonuses suck this year, and they are much less cash than they have ever been.

Mine is ALL stock, sucks.

Forgot the best part of the above: "As a result, the bonus pool for the investment bankers for 2012 was cut b a third."

How long does the RE market have to go in the opposite direction of granted Wall St. bonuses before you start thinking about decoupling it in your mind?

Must be other things - other industries, foreign money, and past deferred comp vesting (which appreciated a lot from grant levels).

where's spunky?

>Mine is ALL stock, sucks.

How much

Im not predicting that the top will come down and the bottom will go up...im just saying id be happy with that.

kind of like eating as much as you want and losing weight.

columbiacounty
12 minutes ago
Posts: 11342
Member since: Jan 2009
stop ignoring this person
report abuse
>kind of like eating as much as you want and losing weight.

http://streeteasy.com/nyc/talk/discussion/23611

hfscomm1.

They certainly did "blow".

This thread doesn't look very good for ericho...

How so?

Prices are rocking everywhere with new record highs in many buildings across NYC.
Manhattan, Dumbo, Williamsburg, LIC

Stock Markets NEW ALL TIME HIGHS across the board.
Bond yields are at RECORD LOWS across the board.

Yes, this money is 'BLOWING' up all assets.

Median Manhattan 19% down.
Bonuses down.... certainly blowing.
Ericho 100% wrong on those.

Stocks, which I said were where to be... all time highs. Ericho trying to take credit for that one... funny.

You can thank me now.

Ya ya ya..

Some areas of at records highs already.
Only a moron can't see it despite the hard numbers.

Big effing deal with stocks and SSO trade. Go back to the 2009 threads and i've been calling for this stock rebounds before many. You were nothing but a chicken bull. One lousy post and never came on here to defend your call. While 'some' actually stood up in regards to the 'green shoot', you hide your a@@ like an idiot under a rock.

Again, big effin deal.

Why don't you explain the 1,200 psf in WB?
Explain the 1000+ psf in LIC?

yada yada yada..
blah blah blah...

And of course, AFTER THE BIG MARKET MOVE..

YOU COME ON HERE and POUND your tiny chest about your great call.
Nothing but a chicken chit.

somewhereelse keeps ignoring reality and continues muttering to himself that NYC real estate is down 19%, like that somehow will make it true. The man needs to take a statistics class and stop embarrassing himself with ridiculous assertions.

>The man needs to take a statistics class

Seems like pricing is just a matter of simple arithmetic. Abacus or 10-key type work.

Just like Brooks2. It's all going to $500 pst in prime Manhattan. Another professional idiot. Seems like he disappeared from the streeteasy boards. Wonder why?

Look, matson, Brooks2, like some of the other smarter posters around here, realized long ago that being my supporter is better than not. So, you know, I'm not saying that I know for a fact, but there are some "new" posters around here who have been supporting me recently somewhat blindly. If I were you, you can keep your Brooks2 issue, but I'd fall in line otherwise and wise up, young man.

SE, why?

"Only a moron can't see it despite the hard numbers."

Yes, takes a real brilliance to completely miss the actual numbers. Sorry, toots.

"Big effing deal with stocks and SSO trade."

Yes, an double down call at the total bottom. Big effing deal... meanwhile, here you are trying to BRAG about crumbs. Hypocrisy, much?

"Go back to the 2009 threads and i've been calling for this stock rebounds before many."

Uh, calling it too early is a pretty lousy mistake, too. Calling it at the bottom... magic.

"You were nothing but a chicken bull. One lousy post"

WRONG. Try again.

"and never came on here to defend your call."

WRONG again.

Man, you are really digging yourself into a hole here.

And, LICC, you've been a joke for years. Back to the kiddie table for you.

"Seems like pricing is just a matter of simple arithmetic"

Yeah, LICC doesn't have that down, now does he?