Forbes reports that “an unnamed hedge fund” is seeking to bring in a specialist who can come in and “make sure employees are not wearing wires,” in an effort to screw (or: finger) said fund. Who do we think it is?
How Dirty Are Hedge Funds? [Forbes via BI]







Posted by guest , Oct 20, 2009 4:55PM
gotta be tranny town.
Posted by american bandersnatch , Oct 20, 2009 4:59PM
@1 - I don't think so. This Galeon thing has already given the big guy a reason to ask every employee to strip down to his bra and panties.
Posted by guest , Oct 20, 2009 4:59PM
I strip search my employees but it has nothing to do with wires.
-biff bassness
Posted by guest , Oct 20, 2009 5:00PM
Make em all go to the sauna
-Soviet HF manager who knows he has no employees wearing wires.
Posted by guest , Oct 20, 2009 5:02PM
i dont know but sign me up!!!
-andrea tong
Posted by guest , Oct 20, 2009 5:03PM
Is this to finger colleagues?
Posted by guest , Oct 20, 2009 5:06PM
We can only hope its Handbridge Capital
Posted by Moose Fister , Oct 20, 2009 5:08PM
Fingering is so sensy.
Posted by guest , Oct 20, 2009 5:10PM
This is like shutting the barn doors after the cows have been hauled off to FPMITAP.
Posted by guest , Oct 20, 2009 5:11PM
We have strip-searches at D E Shaw all the time. It's no big deal.
Posted by guest , Oct 20, 2009 5:11PM
uh oh, does this mean they've replaced dancing girl?
Dear Friends,
I am pleased to announce that I have joined Luxor Capital Group as the Director of Investor Relations. Luxor is a hedge fund founded by Christian Leone in 2002 that invests opportunistically across the capital structure. Assets today are $1.8 billion. I am excited about the new role, and I look forward to speaking to all of you about Luxor in more detail.
My new contact information is below.
Kind Regards,
Jenny Wood
Jenny Wood
Luxor Capital Group
767 Fifth Avenue, 19th Floor
New York, NY 10153
(212) 763-8058
jwood@luxorcap.com
Posted by FBI , Oct 20, 2009 5:12PM
We're washing the dog! We are washing the dog!
Posted by Anal_yst , Oct 20, 2009 5:16PM
Will Wideclops be around to administer the stripsearches in her F-Me boots and a Whitney-esque S&M gear?
Posted by guest , Oct 20, 2009 5:17PM
Who is searching the skinfolds of Larry Summers for wires is a much more important questions.
Posted by guest , Oct 20, 2009 5:20PM
Just remember to check out that seemingly innocuous, oversized GAP tag stitched into the clothes-- I'm just sayin'....
http://news.softpedia.com/news/Wearing-a-Wire-Becomes-Obsolete-in-Real-Life-Will-Hollywood-Be-Next-55326.shtml
Posted by guest , Oct 20, 2009 5:23PM
"Is ... it ... safe?"
Posted by guest , Oct 20, 2009 5:28PM
http://www.brickhousesecurity.com/rf-bug-detector.html
Hey Jimmy, how about this for $250 instead of creating a class action civil rights suit? And it comes with a free, White Noise generator as well!
Posted by guest , Oct 20, 2009 5:31PM
"How 'Dirty' Are Hedge Funds?" FTW
Posted by guest , Oct 20, 2009 5:31PM
OIH AM NAWT A CAWP!
-Costigan
Posted by guest , Oct 20, 2009 5:34PM
@12
obscure reference... but genius.
Posted by guest , Oct 20, 2009 5:34PM
Gives a new meaning to "naked short" if they are all going to have to receive their inside information tips in the buff.
Posted by trojan , Oct 20, 2009 5:34PM
i thought Handbridge Capital was a finger-friendly workplace
Posted by guest , Oct 20, 2009 5:38PM
@ 12
I hear Raj has enlisted the services of Larry the surrogate...
Posted by guest , Oct 20, 2009 5:52PM
My sources tells me dat its Long Term Capital Management.
cg
Posted by guest , Oct 20, 2009 5:56PM
GDCM will only require this of certain groups. If I have to iterate to you who they are, then we want nothing further to do with you at Grand Dragon Capital Management.
Posted by polizeros , Oct 20, 2009 6:19PM
Right. Like that'll help. Just walk into bathroom and text the info (with or without clever code words.) Or wait until after work and meet them at a bar.
But I am cheered to hear of screaming hysterical panic among the former Masters of the Universe.
I'm guessing that honest hedge funds aren't doing this. Why? Because they don't need to. It seems to be a truism of business that weasels attract weasels (and honest firms attract honest people)
Posted by guest , Oct 20, 2009 7:01PM
Wires? GS has already implanted micro chips in all their heads.
ZH
Posted by guest , Oct 20, 2009 7:26PM
Workin'it Capital Management, LLC
Posted by guest , Oct 21, 2009 4:09PM
Begs the question: when one is found to be wearing a wire, whats the assumed course of action?