There is a new blog on Wall Street- (hype alert)

The gold rush is on for Wall Street blogs.With the amount of advertising dollars at stake, new funded entrants are entering the field. There is a new hyped entrant- Dealbreaker

DealBreaker is an online business tabloid and Wall Street gossip blog. It seeks to cover the personalities and culture that shape the financial industry, offering original commentary, news and entertainment.

Here is what the celebrity editor has to say it is going to be about.

What? You were expecting flashing lights? Big ticker symbols scrolling across the middle of the page? Serious commentary? Stevie Cohen on a stick?

We don't really do that. But here's what you will find: posts about the precise size of the guitar collection on Paul Allen's yacht spaceship, posts about the disparity between what Aswath Damodaran thinks is the dark side of valuation and what we think is the dark side of valuation (hint: high-quality cocaine), banker body counts (thank you, John Mack), interviews with people about how much money they make and whether they sometimes buy things just so they can throw them away, sightings of Eliot Spitzer, pitchbook origami, fun with league tables, and so on. And occasionally we'll break news or do something that's otherwise useful. Which will be entirely an accident. We apologize in advance.

Update The funniest part on most blogs is in the comment section. In case you missed read this.

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