Eugene David
...The One-Minute Pundit

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    • THE NEWS HACK'S CREED:
    I know more than you.
    I make lots more money than you.
    I'm smarter than you.
    I'm sexier than you.
    I appear on TV all the time.
    I work ten minutes a day.
    I rule the universe.
    I'm going to live forever.
    You are an idiot.

    THE NEWS HACK'S CREED, No. 2:
    A lie isn't a lie when it tells THE TRUTH.

    THE NEWS HACK'S CREED, No. 3:
    I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
    --JOHN "OMERTA" CARROLL.

    THE NEWS HACK'S CREED, No. 4:
    News isn't news when we don't report it.

    PERMALINKS:

    THE NEWS HACKS' DICTIONARY

    THE EUGENE DAVID GLOSSARY

    AMERICA'S MOST UNINTENTIONALLY FUNNY WEB SITE!

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    Tuesday, March 13, 2007

    Posted 5:04 PM by Gene

    Having shaved a few points from its averages in recent weeks, the Street decides to celebrate:

    Word on Street: Wanted
    Fresh off rich bonus round, demand is high for bankers and traders in leveraged debt.     [Home-page hed]

    ...Most of the major banks continue to do the bulk of their hiring through campus recruiting of top MBAs, and that effort has ramped up as springtime nears. Unlike in years past, many banks are expanding their screening process to include candidates who can crunch the complicated numbers involved in structured debt.

    "You need 10 more points of IQ than you did in the old days," Johnson said.

    At Merrill Lynch & Co. and Credit Suisse, the emphasis has shifted to Ph. D. and master's-degree recipients with quantitative backgrounds, particularly in capital markets. Computer and math graduates are in high demand....

    You mean it now takes genius to create bankruptcies?

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