No matter how many times embarrassing Wall Street emails or conversations get made public, it never seems to stop.
Just this week, we had a British bank exec's allegedly profane outburst against Americans made public in a complaint from a New York state regulator. We also had an aspiring trader's hilariously unprofessional rainbow cover letter email go viral.
So we've decided to compile a rundown of Wall Street's most embarrassing words they probably wish were never made public.
Enjoy!
'The BRos always wins!!'
Back in 2007, then-CEO of Lehman Brother's Dick Fuld sent an email response to the bank's now former chief strategy officer David Goldfarb back in September 2007 where he sounded like a total frat boy.
Fuld, "I agree we need some help-but the BRos always wins!!"
Of course, we all know what happened to 'the BRos.'
'Let’s hope we are all wealthy and retired by the time this house of card falters.'
This was an email sent by a Standard & Poors employee prior to the financial crisis.
"Rating agencies continue to create an even bigger monster — the CDO market."
"Let’s hope we are all wealthy and retired by the time this house of card falters."
'It could be structured by cows and we would rate it.'
Here's an instant message from an employee at S&P before the housing market crashed.
"We rate every deal. It could be structured by cows and we would rate it."
See the rest of the story at Business Insider
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