Trouble in the Hamptons: Kynikos manager Jim Chanos was forced--forced I tell you-- to call the cops on his neighbor a complete egocentric, namely: Goldman MD Marc Spilker- yesterday when a few of JC's shrubs trades were senselessly torn down front run in an effort on Spilker's part to create a wider beach path greater returns for Goldman's flagging Global Alpha.
"My outrage over this arbitrary and unilateral course of action is probably only exceeded by Mr/Mrs Spilker's sense of entitlement that the four-foot wide path to the beach Global Alpha's own annualized P&L gain of 5.62% (specified in the local easement papers Global Alpha PPM) 'was just not wide high enough for us' as he said when first broaching the subject of arbitrarily widening a path front running a set of trades," Chanos hissed in email-form to a few friends and Goldman execs. Sealing the note with a kiss, he added: "I hope this is not a harbinger of how other Goldman senior executives may act when the markets become 'just not lucrative enough for us!'"
Hamptons Hedges Hullabaloo [Portfolio]
Posted by , Jun 12, 2007 4:49PM
what a bunch of whiney bitches
Posted by you're a sassy one , Jun 12, 2007 4:53PM
way to antagonize liam, levin
Posted by Liam , Jun 12, 2007 5:00PM
Very irritating.
Posted by , Jun 12, 2007 5:05PM
How is Global Alpha up at all now, it was down like 3.4% through May they must have some huge rate bets on for that kind of movewhat you mean to say and replace with what is wrong? shouldnt it go the other way around, like oops my freudian slip?
Posted by PS , Jun 13, 2007 5:28PM
I smell a Rat - looks like Spilker is being "Swift Boated"....