Write-Offs: 11.06.09

$$$ As previously mentioned, Choo Beng Lee has admitted to insider trading while at SAC. Now the WSJ has more today. [WSJ]

$$$ Want a bailout? There’s an app for that. [The Deal]

$$$ Stamford police seize $1 million in cash, 37 kilos of cocaine [TA]

$$$ Harvard Derivatives Whistleblower: Larry Summers Got Me Fired [BI]

$$$ The Reading Habits Of Wall Street CEOs [NYM]

$$$ Will an ex-Bear guy win the World Series of Poker? Will Jimmy Cayne be named “Most Improved” at bridge camp? Stay tuned.

Comments

1

Posted by guest , Nov 06, 2009 6:16PM

Pokerface!?!?...It damn near killed her!!

-that puchline line never gets old guy

2

Posted by CoveredLong , Nov 06, 2009 6:19PM

We all know they secretly read Twilight.

-Scans blogs and steals comments guy

3

Posted by guest , Nov 06, 2009 6:46PM

And just what bank accounts did Pancho and Eduardo access to pay for the "Porsche Cayenne and the 2010 Mercedes-Benz E-550" that they were driving when apprehended by police?

Make sure those two wetbacks are treated with all the respect and dignity extended to any visiting foreign dignitary.

Stamford Police...Check with the Latin-American Community Center and the ACLU for details on interrogation proceedures.

The Guy from Delaware

4

Posted by Anal_yst , Nov 06, 2009 7:34PM

@1

Your words are more true than you could possibly (er likely) know

http://thesuperficial.com/2009/11/lady_gagas_scrotum-do_killed_a.php

5

Posted by guest , Nov 06, 2009 7:37PM

That coke was meant for the Holiday Party. Bastards.
SAC

6

Posted by guest , Nov 07, 2009 12:25AM

TGFD,
I'm going to cut your coke with enzyte so that you have firmer, stronger, fuller-feeling nostrils. Your miniscule wiener however will remained flaccid and shrunken forever.

- The real "Not Jeff Macke but a fan" guy

7

Posted by guest , Nov 07, 2009 12:32AM

http://online.wsj.com/article/SB125756405277235519.html

8

Posted by guest , Nov 07, 2009 2:19AM

@7 all info that's been on DB in the last week. way to keep up with this case, WSJ.

9

Posted by Guest , Nov 07, 2009 9:40AM

Glad to see CNBC jumped on the bandwagon of this guest 2 days after Fox Business Happy Hour had him.

10

Posted by guest , Nov 07, 2009 9:56AM

@6 ha!
but really that's cruel stepping on some old dude's yayo like that, esse.

- the JM fan letting it rest for a while after a busy week

11

Posted by guest , Nov 07, 2009 10:00AM

Put on trades against a SAC liquidation. You heard it here first.

12

Posted by guest , Nov 07, 2009 10:30AM

JeffMackeGuy@#6...

Hmmm...Your post was at 12:25AM. How come that nightly "quite the rager" you've been attending lately was over so early this time?

Let TGFD guess. Pancho and Edwardo weren't able to make their usually reliable delivery yesterday, but they've promised to be back in operation next week.

In the meantime, try to control yourself, and supress the urge to take out your frustration on TGFD.

BTW, WTF is "enzyte"?

The Guy from Delaware

p.s. "miniscule, shrunken and flacid wiener"...HaHaHa. I spilled some of my morning coffee because of that one.

13

Posted by guest , Nov 07, 2009 11:38AM

Barney Frank "present" at pot bust
http://www.myfoxboston.com/dpp/news/local/barney-frank-present-during-marijuana-bust

Sources tell FOX25 that when Frank was questioned he told police that he did not live in the house and that he only smoked cigars.

Congressman Frank tells FOX25 that he was surprised and disappointed with what police found. He also tells us that he wouldn't recognize a marijuana plant if he saw one because he is, "not a great outdoorsman," and ,"wouldn't recognize most plants."

14

Posted by Not the man but a fan , Nov 07, 2009 1:45PM

TGFD,
I'm also going to spike your Geritol with Alli. Your greasy diet will not hurt you as much, but shitting yourself and the anal leakage will be mildly inconvenient.

- The real "Not JM but a fan guy"

P.S. A real "rager" doesn't get going until after 2:00 a.m. gramps. Way past your bedtime...

15

Posted by guest , Nov 07, 2009 1:47PM

I'm guessing Stevie is currently suffering from explosive diarrhea. He must have learnt that skill from raj-raj.

16

Posted by guest , Nov 07, 2009 2:15PM

Susan Pulliam (WSJ) still doesn't show a lot of journalistic ethics when she reports (a person familar with the matter) confirms it's SAC in the Feds Choo Bing Lee complaint. Like she has some great source when all she did is read Goldstein's story.
I think we should all try to comment on the WSJ site and remind them we've read that news two days ago at other publications.

17

Posted by guest , Nov 07, 2009 2:45PM

@16 agreed. I didn't learn a single new thing from the wsj story.

18

Posted by guest , Nov 07, 2009 2:50PM

Well, Balzac was right.

Behind every great fortune there is a great crime

19

Posted by guest , Nov 07, 2009 2:53PM

Hey, don't be so sure that we'll be seeing a perp walk soon. I heard Stevie took his tips while driving the Zamboni so the Feds couldn't make out all of the conversation...

20

Posted by Anal_yst , Nov 07, 2009 3:36PM

wsj piece is garbage; how many times do we need to be reminded that "sources familiar with the matter confirmed" or some variation?

21

Posted by guest , Nov 07, 2009 7:13PM

16,17 - I'm sure the WSJ gives a shit about your comments.
19 - Zamboni jokes are always funniest the 647th time around.
Bess - why the obsession with SAC - did you work there (serious question)?

22

Posted by guest , Nov 07, 2009 7:34PM

@21 bess linked to a story about SAC that was front page news. how is that indicative of an obsession? also, it's well known that DB is bess' first job since college. she never worked at SAC.

23

Posted by guest , Nov 07, 2009 7:35PM

@21 why the bitterness about zamboni jokes? are you an ex-driver (serious question)?

-19

24

Posted by GYSC , Nov 07, 2009 7:40PM

Bear Sterns Poker Final;
totally off topic, but it drives me nuts that they delay the WSOP final table until November. Any momentum one may have had in the summer will be cooled off by the winter. Also people can study your hand history for a while before the final table.
my 2cents.

25

Posted by Joe Mac , Nov 08, 2009 8:22AM

@24 Agreed

26

Posted by guest , Nov 08, 2009 8:57AM

Choo Beng Lee is a shitheel.

27

Posted by guest , Nov 08, 2009 7:09PM

"Choo Beng Lee?"

"No, mengh, choo?"

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