• 17 Nov 2009 at 8:22 AM

Steve Cohen Spits In Ken Lewis’s Face

cards_Khearts.jpgWill the indignities heaped upon Bank of America never end?
It can’t find anybody who is willing to step into the considerable–if dirty–shoes of the inimitable Ken Lewis. Its former CFO just got canned for helping to run GMAC Financial Services into the ground. And now, hedge funds are running as fast as they can from the pride of the Queen City.
Word of Renaissance Technologies’ defection hurts, but it can be rationalized. What do computers know anyway? And did you know that the place is run (for another few weeks) by an old drunk who reeks of stale tobacco?


But this, this is damn nigh impossible to take. The big guy himself, the Sage of Stamford, Mr. Alexandra Cohen, has lost faith. SAC Capital has sold off more than 90% of its BofA stake, dumping 7 million shares during the third quarter. It still owns 600,000 shares, as well as some options, but that’s hardly consolation for the grieving Lewis.
Hasn’t the man suffered enough, Steve Cohen?
SAC Capital Reports 1,494 Positions Worth $10.1B At End Of 3Q [WSJ]

24 comments (hidden to protect delicate sensibilities)
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Comments (24)

  1. Posted by guest | November 17, 2009 at 8:40 AM

    5D Coke competitor (5)

  2. Posted by guest | November 17, 2009 at 8:51 AM

    Wow, the guy’s ears are huge. He’s like Dumbo!

  3. Posted by CoveredLong | November 17, 2009 at 8:58 AM

    @2 – Be careful what you say, he can probably hear you.

  4. Posted by guest | November 17, 2009 at 9:08 AM

    Great George Costanza jacket he is wearing.

  5. Posted by guest | November 17, 2009 at 9:08 AM

    The King has spoken!

  6. Posted by guest | November 17, 2009 at 9:10 AM

    @4 it’s a fleece you fucking idiot.

  7. Posted by guest | November 17, 2009 at 9:13 AM

    Can we get a gentlemen’s agreement to NOT use the same photo on dealbreaker for more than 5 articles. Come On! Earn your money and do a little research. More Brists too please!

  8. Posted by guest | November 17, 2009 at 9:16 AM

    @7 fuck off

  9. Posted by guest | November 17, 2009 at 9:17 AM

    @7 would be a lot easier if there were more than 5 pics in existence of SC.

  10. Posted by guest | November 17, 2009 at 9:26 AM

    6- it’s a fleece jacket. what’s your point? You work at EMS or something?
    Clearly you are not Patagucci material- couldn’t make it through St. Lawrence there tiger? Kicked off your NOLS trip?

  11. Posted by guest | November 17, 2009 at 9:44 AM

    @10 patagonia, not patagucci you FUCKING PLEBE.
    -6/sc

  12. Posted by guest | November 17, 2009 at 9:51 AM

    -6: there was a different picture up – fuck nut.

  13. Posted by guest | November 17, 2009 at 9:59 AM

    Doesn’t LeBeef wear Patagucci loafers?

  14. Posted by guest | November 17, 2009 at 10:04 AM

    @9 I just dropped a tab, hoping Bess gives us a new pic of Stevie this afternoon when I’m peaking.

  15. Posted by guest | November 17, 2009 at 10:05 AM

    NO ONE puts the king in the rough.

  16. Posted by guest | November 17, 2009 at 10:36 AM

    That picture never gets old.

  17. Posted by guest | November 17, 2009 at 10:51 AM

    6- it’s called patagucci cause it’s uneccessarily expensive ya dumb touron
    -Your friendly trustafarian ski patrol

  18. Posted by guest | November 17, 2009 at 11:24 AM

    Gads! Enough with the de Molina = BofA bull. More accurately, it’s de Molina=Cerberus. Check his CV for where his bread is buttered, he resigned as BAC CFO in 2006. Sheesh.
    Do I have to come up to NY to do your research for you? I know, I know, it’s just not as funny is it — him being of Team Cerebus, not BofA

  19. Posted by guest | November 17, 2009 at 11:35 AM

    Mr. Alexandra Cohen. hahahaha. It’s such a close call between that and Frog King as my favorite new nickname for Stevie.

  20. Posted by guest | November 17, 2009 at 12:53 PM

    @1, Pepsi

  21. Posted by guest | November 17, 2009 at 1:28 PM

    Posing for Burger King wopper commercial

  22. Posted by guest | November 17, 2009 at 2:48 PM

    @20 thanks, that’s it. I had “YUM” for 5A so I got stuck there.

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