Rich People Are Awesome

hedges-large.jpgWe here at DealBreaker don’t usually take part in the Goldman-hate for Goldman-hate sake that seems to pervade the financial community and its outliers. We don’t have the testosterone fueled rage that makes us want to simultaneously kill someone and make out with them. And, of course, there's always JSC.

But this whole Jim Chanos of Kynikos versus Marc Spilker from Goldman Sachs, hedge fund/investment bank/hedgerow smackdown seems to have one clear villain, whose sense of entitlement is rivaled only by his ability to ignore legal documents.

After the jump, you'll find the 1982 resolution that seems to back-up Jim Chanos's extraordinary claim that his Goldman Sachs neighbor cannot just roll in with a team of landscapers and rip out his hedges to make way for a wider bath to the beach. Sometimes even managing directors can't get everything they want.

It's not just the residents of Further Lane who are edge about this. Yesterday it reached all the way into Englewood Cliffs, New Jersey. In a segment about the hedge row, CNBC's Charlie Gasparino snapped at Erin Burnett “I’m trying to do real work here." Gasparino just cannot abide landscaping gone wrong.

(More or less completely unrelated: Spilker’s Hamptons neighbor on the other side is Stevie Cohen, whose shrubs nobody has the balls to uproot.)

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Comments

Posted by really?, Jun 14, 2007 12:13PM

you never, ever want to kill someone and make out with them at same time?

Posted by hedgie, Jun 14, 2007 12:26PM

Uh, no. That doesn't make sense.

Posted by Zbignew, Jun 14, 2007 12:39PM

hedgie, you've obviously never dated a redhead.

Posted by Bulging Bracket, Jun 14, 2007 1:35PM

Sounds like my relationship with my ex. 1 year + of hate*&#^ing.

And bess babe, the 2 neighbours are fighting over which document is operative, the '55 deed of the '82 resolution.

Posted by anon, Jun 14, 2007 1:40PM

Where did the docs go? Did they get pulled by legal again?

Posted by John Carney, Jun 14, 2007 2:03PM

They are back!

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