(Original post by mayavara)
Someone PM'd me.
Interesting you didn't mention Equities in your little list there. Smile 'n' dial vanilla equity sales are you or something? As said in other post they're being hit - and where I am it's them a lot more stressed out than us, where only a handful of CDO-specific guys will be chopped/effectively doughnuted. I'm at a French bank, when America sneezes we don't catch a bad cold, relatively low exposure to US shiznit.
You can hate on any desk you you want - turns out equities are the most immune to the market now. Shock and horror indeed.
And what does being at a french bank have to do with anything? What part of 'global liquidity crunch' don't you understand? You don't think all banks have exposure to 'global happenings.' You're the one apparently shorting US homebuilders. No bank is immune - to think that is downright silly and shows a massive lack of understanding of the macroeconomic drivers in the marketplace.
We have the answer...