"Grim news for Merrill Lynch in the FT today: Executives have been informed that there will be no more private-jet travel, unless they really, really need to do it. That's right! No more attentive service and wet bar and those delicious crunchy things that Marquis serves every time they go anywhere. Turns out writing down $9 billion has a terrible price." - Dan Hsiao
This part is my favorite: "At Goldman, staff have to contribute to repairs to their BlackBerrys if the damage is deemed to be their own fault." - Ana
If a stock goes down and they smash their BlackBerry in anger, that's not their fault, right? - Casey Muller
