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Comments (41)

  1. Posted by guest | January 27, 2009 at 3:00 PM

    Typical to try to hold on the the last of their empire even though the Lycan’s have clearly already gotten out of control and will soon be unstoppable

  2. Posted by guest | January 27, 2009 at 3:10 PM

    It’s just a “For the record” statement.

  3. Posted by guest | January 27, 2009 at 3:10 PM

    http://www.montiethco.com/blog/
    Montieth Illingworth was the “corporate communications”dude for Tremont. It maintains a blog, which is filled with pablum; but does have passing interest.

  4. Posted by guest | January 27, 2009 at 3:10 PM

    So if you work in AIG’s derivative group and you lose $34b you are entitled to 450mm in bonus pay. Do i apply for a spot through AIG HR or US Gov HR?

  5. Posted by guest | January 27, 2009 at 3:13 PM

    Yeah, well I had beans for lunch so if you have a “passing interest” stay tuned.

  6. Posted by guest | January 27, 2009 at 3:17 PM

    With great “challenges” come great “opportunities”.

  7. Posted by guest | January 27, 2009 at 3:17 PM

    With great “challenges” come great “opportunities”.

  8. Posted by guest | January 27, 2009 at 3:23 PM

    At Tremont, you can find challenging opportunities in an environment that recognizes and rewards exceptional performance. We seek experienced individuals capable of delivering a wide range of value-added services to our clients around the world, while helping them to confront today’s critical issues head on. Tremont is a strong international network of firms and takes a leadership role in globalizing businesses. You are competing in a marketplace with unlimited opportunities. To help you capitalize on these opportunities, we have implemented several programs to attract the best and the brightest people and are striving to make Tremont a place where you will want to stay and build your professional career. Tremont is always looking to recruit exceptional people in the fields of Marketing, Sales, Research and Administration into the firm. Feel free to send us your resume.
    Email Resume hr@tremont.com
    Or Mail to:
    Tremont Group Holdings, Inc.
    555 Theodore Fremd Avenue
    Rye, New York 10580
    Attention: Human Resources
    Telephone: (914) 925-1140
    Fax: (914) 925-4055

  9. Posted by guest | January 27, 2009 at 3:23 PM

    With a lot of “rising” comes many “Lycans”

  10. Posted by guest | January 27, 2009 at 3:27 PM

    rye, ny?
    not surprised anymore…

  11. Posted by guest | January 27, 2009 at 3:27 PM

    Burn, Tremont, Burn.

  12. Posted by guest | January 27, 2009 at 3:27 PM

    @9, It’s reminiscent of a classic Wall Street joke:
    on a slow day, a trader has decided to open bidding on a cage of Lycans. A bids $1, B buys it from him at $2, and after a series of trades, E buys it from D for $5. E takes his cage of Lycans and opens it, only to find the Lycans are docile. E goes back to D to try to get his money back. D rebuffs him, saying, “Those aren’t fighting Lycans, those are trading Lycans.”

  13. Posted by guest | January 27, 2009 at 3:28 PM

    Along that line, didn’t the Titanic restructure itself into a submarine?

  14. Posted by Clown Capital | January 27, 2009 at 3:28 PM

    @8
    “If you can pickpocket, stick people up at gunpoint or punch elderly citizens in the face and grab their billfolds or purses, Tremont wants YOU!”

  15. Posted by guest | January 27, 2009 at 3:31 PM

    Charlie with the scoop on the Cosmo / Gambino connection.
    What’s the deal with that Bess? Charlie’s got better connections with the mob? Can’t you dig up Meyer Lansky?

  16. Posted by guest | January 27, 2009 at 3:32 PM

    Tre retains a Full Executive Leadship Team. That’s so sweet.

  17. Posted by guest | January 27, 2009 at 3:35 PM

    too bronx, didn’t read

  18. Posted by guest | January 27, 2009 at 3:35 PM

    @15- um, who exactly would you expect to have better mob connections than Gasparino?

  19. Posted by american bandersnatch | January 27, 2009 at 3:36 PM

    “alleged Madoff fraud”. Admirable. In the words of Gen. Buck Turginson “Although I, uh, hate to judge before all the facts are in, it’s beginning to look like, uh, Madoff exceeded his trading authority.”

  20. Posted by guest | January 27, 2009 at 3:37 PM

    Is this the same Chief Investment Officer that put them in with Maddoff? And the same compliance group too?

  21. Posted by Investorcluzo | January 27, 2009 at 3:40 PM

    @20 – I’m the general counsel, what is the “compliance group”?

  22. Posted by guest | January 27, 2009 at 3:47 PM

    @16, shit rolls downhill. Watch out, fucktards!

  23. Posted by american bandersnatch | January 27, 2009 at 3:51 PM

    @20 – As General Turginson also said ” I, uh, don’t think it’s quite fair to condemn a whole program because of a single slip-up”

  24. Posted by guest | January 27, 2009 at 3:59 PM

    Any word on who is getting let go there?

  25. Posted by guest | January 27, 2009 at 3:59 PM

    Interviewed there few years back with a real hot shot in research…couldn’t have happened to nicer people.

  26. Posted by guest | January 27, 2009 at 4:02 PM

    Well played @21….well played.

  27. Posted by guest | January 27, 2009 at 4:02 PM

    Here’s a good story on Tremont.
    They came in and raked our hedge fund over the coals (about a half-billion fund). Brought in a big team, and asked questions from Sharpe ratios to kertosis and tried their darndest to lord it over us lowly scuts working doing such dopey things as corporate analysis.
    They basically told us their due diligence process took a really long time, that it would be years (plural) before we could get on their approved list, etc.
    And look – they basically handed half their assets to someone who couldn’t even explain his strategy.
    Assholes overanalyzed the honest people and underanalyzed the dishonest. Go Tremont. Assholes.

  28. Posted by guest | January 27, 2009 at 4:03 PM
  29. Posted by guest | January 27, 2009 at 4:04 PM

    So basically, all the leaders of this Firm that drove the ship into the iceberg, they are going to stick around to hopefully salvage what’s left. All those who joined the Firm with the hope of building a career and learning something from some “supposed” industry leaders, Fuck you and don’t let the door hit your ass on the way out.

  30. Posted by guest | January 27, 2009 at 4:04 PM

    So basically, all the leaders of this Firm that drove the ship into the iceberg, they are going to stick around to hopefully salvage what’s left. All those who joined the Firm with the hope of building a career and learning something from some “supposed” industry leaders, Fuck you and don’t let the door hit your ass on the way out.

  31. Posted by guest | January 27, 2009 at 4:09 PM

    @27.. probably because your HF’s boss didn’t belong to the right Palm Beach Country.

  32. Posted by guest | January 27, 2009 at 4:12 PM

    ^^ Country Club

  33. Posted by guest | January 27, 2009 at 4:22 PM

    @31/32: AND to top it off, we also got interviewed by Sandra Manzke, she had just started up MAXAM, all for women and minority-owned hedge fund managers, and again – coal-raking, want to find the “best of the best” in women and minority managers, blah blah —
    and she was 100% with Madoff! and where were the women and minorities! Unless you count Ruth, of course.
    Still steaming mad about it, and they were completely, totally, lying and playing their clients for fools.

  34. Posted by guest | January 27, 2009 at 4:23 PM

    ^^ You mean Temple, right

  35. Posted by guest | January 27, 2009 at 4:35 PM

    THIS COMMUNICATIONS IS INTENDED SOLELY FOR THE INDIVIDUALS AND/OR INSTITUTIONS WE FUCKED (the “FUCKEE”) AND ANY OTHER WACKWAD SAID FUCKEE TRANSMITS IT TO IN REVENGE (the “COMES-BACK-TO-FUCK-YA”).

  36. Posted by guest | January 27, 2009 at 4:38 PM

    @23, Mr. President, I’m not saying we wouldn’t get our hair mussed. But I do say no more than ten to twenty million killed, tops. Uh, depending on the breaks

  37. Posted by guest | January 27, 2009 at 4:54 PM

    as effective as giving an enema to a corpse

  38. Posted by guest | January 27, 2009 at 8:24 PM

    I interviewed there last summer! Thank God I didn’t go forward with the next rounds!

  39. Posted by guest | January 27, 2009 at 9:12 PM

    Tremont is owned by Oppenheimer Funds which is owned by MassMutual. Can’t wait to watch that roll downhill.

  40. Posted by guest | January 28, 2009 at 9:30 AM

    looks like Tremont is gonna go after dealmaker for posting this. read the disclaimor

  41. Posted by guest | January 28, 2009 at 9:30 AM

    looks like Tremont is gonna go after dealmaker for posting this. read the disclaimor

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