• 04 Feb 2009 at 3:05 PM

SAC TURNING IT AROUND

By Bess Levin

Picture 675.pngAttention SAC Capital employees working out of 72 Cummings Point Road today. Stop what you’re doing and go line up in single file order on the floor because you are moments away from a very special treat. That’s right– celebratory rides on the Zamboni, which was brought over from Greenwich just for you. What’s there to celebrate, you ask? Ping is back, baby! No, kidding. But it’s still pretty (though not as) good. After finishing the year down 18.7 percent, SAC Capital International returned a relatively stellar 3.70 percent in January. And it doesn’t stop there. The Big Guy is so proud that, provided this is the beginning of great things to come, he’s considering converting the whole building into a rink, and making this rides-for-performance thing a regular feature (the flip side being that the Z, which will double as the BG’s desk, will shoot out pucks at random at high speeds to keep everyone on their toes, and losing portfolios be forced to scrub it with clean after down months).

Comments (18)

  1. 1
    Posted by guest | February 4, 2009 at 3:13 PM

    There are some serious foot fetishes going on there!!

  2. 2
    Posted by guest | February 4, 2009 at 3:15 PM

    too cardinal, didn’t blue wave

  3. 3
    Posted by guest | February 4, 2009 at 3:16 PM

    Speaking of sacs
    http://www.faniq.com/blog/Joe-Torres-Book-Includes-Story-About-Roger-Clemens-And-His-Testicle-Rubdown-Blog-18521

  4. 4
    Posted by guest | February 4, 2009 at 3:16 PM

    3.8% I’d take it

  5. 5
    Posted by Lowly Assistant | February 4, 2009 at 3:16 PM

    “[...]the Z, which will double as the BG’s desk, will shoot out pucks at random at high speeds to keep everyone on their toes, and losing portfolios be forced to scrub it with clean after down months.”
    haha. Even “pucks at random” by itself. Lev’s, you keep me chuggin’ along.

  6. 6
    Posted by guest | February 4, 2009 at 3:18 PM

    I just saw Charlie Gasparino leaving the SCLA in Rockefeller

  7. 7
    Posted by guest | February 4, 2009 at 3:22 PM

    Last I checked, 3.8%/month is a 56% return for the year – pretty darn good

  8. 8
    Posted by Bess Levin | February 4, 2009 at 3:26 PM

    @7- who said it wasn’t?

  9. 9
    Posted by guest | February 4, 2009 at 3:42 PM

    Stevie should be made to increase the temperature of the SAC trade room by one degree for every percentage point he is down for the year.

  10. 10
    Posted by guest | February 4, 2009 at 3:43 PM

    not losing money is the new killing it

  11. 11
    Posted by guest | February 4, 2009 at 4:42 PM

    @2 – Classic. Any CT reference is welcome.

  12. 12
    Posted by guest | February 4, 2009 at 4:47 PM

    @11 I was wondering if anyone would get that.

  13. 13
    Posted by guest | February 4, 2009 at 5:07 PM

    darien blue wave…new milford green wave…

  14. 14
    Posted by guest | February 4, 2009 at 5:08 PM

    Better than Madoff, maybe SAC is a ponzi?

  15. 15
    Posted by guest | February 5, 2009 at 2:50 PM

    GO S|A|C!

  16. 16
    Posted by guest | February 5, 2009 at 4:19 PM

    forget the blue wave….go rams

  17. 17
    Posted by guest | February 6, 2009 at 5:28 PM

    When was the last time the rams won on thanksgiving?

  18. 18
    Posted by guest | February 9, 2009 at 5:03 PM

    hmmm…unless you are living under a rock, the rams beat the blue wave on thanksgiving this year…sorry you couldn’t attend

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