Those were the days.

Pali Capital said good night last month after former Bear Stearns finance chief Samuel Molinaro terminated talks to buy the place. Today Reuters has a piece on co-founder and chief executive, Bradley Reifler, who former employees and clients blame for the company’s demise, claiming his “penchant for litigation helped destroy the bank he spent so many years building” (over the last ten years Reifler has apparently launched “dozens” of lawsuits against people and other companies). Those who used to work for the guy also seem to believe the fact that he could be a dick played a part in the firm’s downfall (“He could make your life miserable,” another former employee said. “He appointed himself head of everything, including compliance, and everyone reported to him,” he said, adding, “If you crossed him, you didn’t get a bonus”). And it is true that a hundred or so employees who left in the last year, which was cited as a “major reason” why Molinaro backed out of the deal. Many also believed Reifler spent too much money, and that the office and the firm in general “reeked of excess.” It’s all very sad! Reifler has apparently announced (on Twitter…) that he’ll be “launching a new firm with ‘non-criminal’ partners” but things will never be the same. Pali Poker Nights, which featured dancers from the Rockettes and the Knicks? Those are done and while everyone’s probably too angry to appreciate how good they had it, let us take two to remind you. Via some phenomenal pictures of PPNs past.


Richard Anthony, the Pali partner who made Pali Poker nights possible.

Pali Poker III [SheaSullivan]
Pali Poker IV [SheaSullivan]

Comments (27)

  1. Posted by Doode | March 10, 2010 at 2:36 PM

    Every firm I worked for that had poker nights with strippers went out of business. Never worked for these doodes thou

  2. Posted by Anonymous | March 10, 2010 at 2:41 PM

    Remember that time when Greg’s Mom bought all of those hookers for him in hopes that he was not really gay?

  3. Posted by Anonymous | March 10, 2010 at 2:42 PM

    second to last pic = my new wallpaper.

  4. Posted by Anonymous | March 10, 2010 at 2:43 PM

    I love how serious his expression is in the second pic.

  5. Posted by CoveredLong | March 10, 2010 at 2:51 PM

    @4 – WHY SO SERIOUS?

    -Death Ledger

  6. Posted by Tax Chick | March 10, 2010 at 2:51 PM

    @4 – I believe that is his attempt at a “I will be f@cking you tonight” look.

  7. Posted by Anonymous | March 10, 2010 at 2:52 PM

    With the exception of Miller Tabak (although they are not considered a real firm), Pali is considered the WORST place to work by ex-employees. Reifler is one of the biggest jerkoffs ever!

  8. Posted by Boratavich | March 10, 2010 at 2:52 PM

    Wowwaweewa! I Like!

  9. Posted by PermaGuest | March 10, 2010 at 2:53 PM

    Thought that was a still from “Der Untergang” at first… wow.

  10. Posted by Anonymous | March 10, 2010 at 2:59 PM

    it was so much fun watching the implosion. now what to do?

  11. Posted by Meredith Whitney | March 10, 2010 at 3:01 PM

    Meredith Whitney initiates Visa with a BUY

  12. Posted by Anonymous | March 10, 2010 at 3:03 PM

    Having been to a couple, those pics make pali poker look classy

  13. Posted by Louis Winthorpe III | March 10, 2010 at 3:08 PM

    Re: picture 4– She said LEFT arm, RIGHT leg out front on the 1-count, Bradley. Quit effing it up.

  14. Posted by Anonymous | March 10, 2010 at 3:11 PM

    #13, that’s Richard

  15. Posted by guest | March 10, 2010 at 3:11 PM

    Fuck it. If I can’t dance, I’ll change to the drama department.
    -Bradley Reifler

  16. Posted by Anonymous | March 10, 2010 at 3:13 PM

    Tags?

  17. Posted by guest | March 10, 2010 at 3:14 PM

    @14 he looks like GOB. -not 13

  18. Posted by ncvbanker | March 10, 2010 at 3:32 PM

    my whole day has been thrown off because of the lack of opening bell stories. how am i supposed to know its March10th?

  19. Posted by Anonymous | March 10, 2010 at 3:33 PM

    If Bess was a NY Knicks dancer I would fuck her sideways.

  20. Posted by Anonymous | March 10, 2010 at 3:53 PM

    Beth -
    Don’t let those IT guys trick you again. I think you still have some issues.
    Cliff A.

  21. Posted by Investorcluzo | March 10, 2010 at 4:16 PM

    Those pics will never get old…

    @tax chicky knows what’s up, have you seen that look too?

  22. Posted by anonymous | March 10, 2010 at 4:18 PM

    Is that Berger with the red hair and gloves?

  23. Posted by puerto azul | March 10, 2010 at 4:20 PM

    The worst kept secret ever was reifler using pali as his own ATM.

    also read that he had all sorts of side deals that paid him cash.

  24. Posted by Crazy Finance bIOTCH | March 11, 2010 at 9:46 AM

    RICHARD F**KING ROCKS, YOU ALL WISH YOU WERE HIM. JUMP THE F**K OFF!!!!!!!!!!

  25. Posted by Anonymous | March 11, 2010 at 12:52 PM

    @12 I thought the dwarf harem girls at Pali Poker II were a nice touch

  26. Posted by Chimps | March 11, 2010 at 1:06 PM

    Chimp city

  27. Posted by G5 | March 12, 2010 at 2:29 AM

    @6 No. You are mistaken. The look is ‘ I wonder how i’d look in that bikini and top!’

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