Earlier today, we discussed David Slaine, who the Journal claimed over the weekend is the key cooperating source in the Galleon insider trading case, having allegedly ratted out several of his friends and co-workers, including nightclub bouncer-cum-hedge fund employee, Craig Drimal. For our purposes, we were mostly interested in exploring what appears to be the the Slaine Approach to dealing with perceived slights, be it a faulty keyboard, someone not sharing his French Fries with the Slaine-meister, or suggesting that an improvement in performance was necessary. In each case the response from from Big D was to lose his shit and throw down fisticuffs. Or was it? A commenter using the name “Elyse” came along and left a thousand word rant decrying the lack of fact-checking by Wall Street Journal reporter Susan Pulliam, entitled “Junk In The Journal: Journalist Fails To Fact Check.” I don’t know who left it (it would be hard to believe “Elyse” is actually David’s ex-wife, Elyse Slaine, though some people aren’t so good with the internet), and can’t find it anywhere else online. But I think we should talk about it anyway. First off, according to “Elyse,” the bit with the keyboard being smashed in a rage? Was because the thing didn’t work, and Slaine apparently had no other choice but to destroy it (E conflates two separate stories in question– the smashing of a keyboard and a fight fight resulting from someone not sharing his fries– so I’ll assume the latter was true).
Pulliam wrote that Slaine had a history of violence, stating that he smashed his computer keyboard while at Morgan Stanley over not wanting to share French Fries. The fact was that Slaine pulled out his keyboard when the technology broke down for the fifth time that day, leaving Slaine to trade without knowing his trading positions.
Elyse then addresses the anecdote about Slaine supposedly punching his boss, Gary Rosenbach, in the face, while the two were in the steam room at Equinox, after Gary told Slaine he needed to improve his performance. Elyse claims that while yes, the tiff went down while the two were ass-naked taking a steam, no punches were thrown, and what she says happens instead makes it so much better (in this scenario bitch fight > fight fight).
Pullian [sic] wrote that shortly after joining Galleon, Slaine’s trading in healthcare stocks faltered. The fact is that while Slaine ran Healthcare for Galleon, the healthcare fund was up over 70%. The healthcare fund was Galleon’s most profitable fund in the firm when Slaine ran that department. Pullian [sic] went on to write that Rosenbach and Slaine argued while in a steam room over Slaine’s faulty trading, leading Slaine to punch Gary Rosenbach while Rosenbach was lying down, giving him a black eye. Slaine and Rosenbach argued in a steam room over Rosenbach trading on inside information. Rosenbach stuck his finger in Slaine’s face, and Slaine slapped him. Rosenbach never had a bruise.
Also, while Drimal was indeed a bouncer at the Roxy (…) before getting a job through Slaine as an assistant at Galleon, Elyse says contrary to Pulliam’s belief, the two did not meet at a club called Vertical, but at a gym by the same name, which is where they “quickly formed a friendship based on a shared passion for weight lifting and their mutual ability to bench-press 400 pounds” (I just wanted to throw that line out there again).
Update, from my inbox:
From: Elyse
To: Dealbreaker
Subject: Slaine
I am David’s ex-wife. I was also a journalist and bond trader. I do not rant. I merely gave the facts. You don’t have to discredit me with sarcastic comments.
No, the French fry story was not true. I just thought it was too absurd to comment on.
Gary Rosenbach was never David’s boss. They were both equal under Raj.
I was married to David for 19 years. I have never seen him get violent.
If you had any contacts on Wall Street, you would actually be hard pressed to find someone that did not want to hit Gary, including every trader that worked at Galleon.
How long will it take people to question why no charges have been brought against Gary Rosenbach to date?
I assume there will not be any front page stories in the WSJ apologizing for falsely identifying Slaine as CS-1 when the Galleon investigation is solved, and Slaine never appeared and was never called on as a witness.
First off, I don’t know if there will be a front page apology in the WSJ because I don’t work for the WSJ. Second– I’m not in disagreement with you, girlfriend (that’s why I did a whole post based on your comment)! And I’d especially like to know how the paper could screw up the part about Slaine and Drimal meeting at a “nightclub” when in fact it was not only a gym but the most awesome gym ever. In fairness, it sounds like a nightclub (“A warehouse-sized health club, complete with neon lights and blaring dance music, it was where the Big Apple’s social elite came to sweat, strain, moan, groan, and gyrate”) but really, Rupert. You’re better than this. Remember the rule patrons snorting coke off each others’ dicks in the men’s room does not (necessarily) a nightclub make.
He wishes he was Blaine. Then he could make this disappear.
Trust me on this one, brothers and sisters, every single Galleon trader destroyed tech and telecom equipment. It was part of the job description.
This is why you proletariat scum will never get into the R&T.
-Charles Festerbottom
Better than you by birth
I thought everyone knew that unless you were pumped up you couldn't be taken seriously as a trader. Who would trade with an average looking guy?? Who would hire some "weak" looking person???
~J. Conseco
Tiny Nuts, CA
@5 let it it out, craig
Yeah and I heard it wasn't french fries but a plate of nachos supreme. We pay to get info like that when Dealbreaker is free and factual? Rupert, examine your motives.
I hate you, Anal_yst!
-David Blaine
did he take mayo with these fries? If yes, how Euro-trash…
i hope the "french fries worth fighting for" tag gets a lot of play.
-fattie in fairfield county
I haven't been this hot since the Sugarman thing.
–a man who gets off on gym fights
10 they are only worth fighting for if they are well done, finished, and come from swanky franks dammit
I'd lik eto point out that Mr. Slaine does have little testes
@11 you go girl!
I just ate lunch but that pic makes me so tungry all of a sudden.
You don't slap a man. Even when that shit was fashionable, you know like French dudes sayin' 'I challenthe you to a doooel', they would have a gunfight after that. Someone had to go.
I think "mutual ability to press 400 lbs" means that they were lying on the bench together, in that gym, before they retired to the steam room.
@16 what about slapping a man with a glove and challenging him to a duel?
"Rosenbach stuck his finger in Slaine’s face, and Slaine slapped him."
fags.
-ping j
Is slapping the bass in front of your boss cool?
Telling: http://mrbellersneighborhood.com/2005/09/mop-her-…
Finger in the face? Respond with a slap? These guys are the "Three Stooges"! Priceless…
this whole steam room / bench pressing thing is so sensy
@21 from that link about Vertical:
Which face that launched a thousand romance novels was something of a joke to the gym staff with his endless sexual bragging and his chest-revealing outfits? His description of the opposite sex was anything but romantic. He told us ad nauseam, "Women, I spit on them." He extrapolated: "I fuck them for hours and do not break a sweat. They cannot keep up with me."
***************
PLEASE let that be Slaine.
@Lowly
So the girls @ VC looked like they coulda been in the "Call on Me" video? WTF, that is a trend that NEEDS to be brought back into vogue (at least for girls that can pull it off).
"What Studio 54 was to 1970s New York, the Vertical Club (VC) was to 1980s New York. A warehouse-sized health club, complete with neon lights and blaring dance music, it was where the Big Apple's social elite came to sweat, strain, moan, groan, and gyrate. Occasionally, they even worked out (sorry, I couldn't resist)."
http://mrbellersneighborhood.com/2005/09/mop-her-…
Anal,
Concur. Although, (not even in the same league, but for argument sake) Crunch on 4th and 12th has the hipster version, with leotards from American Apparel.
NYU rats. Not really a win. Just something to offer this discussion.
Also:
"Which muscle-bound business/financial reporter (who was much more famous before BSC ate shit), when faced with a female fan in her forties who insisted on following him around the gym in the hope of feeling his muscles, offered to 'work her out'? Yep, with more than a few nudges and winks to the gym staff, he put this woman through a training routine that would floor a horse. All the while, he playfully slapped her butt and told her that she has to 'tighten up.' The woman did her best, but soon gave up, panting as our boy told us to 'mop her up.'"
I jest, Charlie. I jest.
@24
Or Fabio, but whatever.
@ Lowly
Bro's don't f*ck hipsters, besides, hipsters don't work out, they eat free-trade brussle sprouts and blow lines, in one of the great hypocritical acts of our time…
okay thanks to @21 we know that the WSJ was wrong about at least one thing (Vertical = gym, not nightclub), meaning maybe Elyse is telling the truth about the slapfest.
Jesus, they are "Freedon Fries" not french fries. Get it straight.
~Dick Cheney
Sheddingskin, WY
Slain-us?
13 = Tax Chick
How come Gary Rosenbach has not been charged or indicted as yet?
As Raj-Raj's right hand man for a long time, he is likely to have been engaged in insider trading as well.
Any takers why he has not been charged?
@33 steam room blow jobs.
@34 your comment proves that you are incapable of any sensible or remotely intelligent thought
wsj thinking 'the vertical club' was a nightclub = EPIC FAIL RUPERT.
Slaine and Elyse have been divorced for years
scores chicks used to get into vertical free, intimidated all the civilian chicks the fuck out of there eventually
@24, Slaine would be funnier but Ana_lyst is correct. It was Fabio. Was a member of the VC while in college @ Columbia. Like the dude says, the women really did work out with make-up and the outfits were epic.
I was engaged in insider trading in Las vegas until that stupid tree of my neighbor turned my world upside down.
Tiger
Tiger aren't you in south beach still? TH
@35 Get a sense of humor, or GTFO!
-not 34
Wake up America insider trading is a way-of-life for a good many. Information is traded every day that most of us are not privy to. The enforcement arm of the SEC is understaffed and the people who get caught are just the tip of the iceberg!
so where and when will Rosenbach come out of hiding and comment???