When you’re a big time hedge fund manager, it’s important to have outlets through which to blow off the stress of the markets. Some buy art. Some play golf. Others fuck hookers. A very small group write books, usually related to what they do all day. Crescendo Partners founder Eric Rosenfeld knew he wanted to add author to his list of occupations but he wasn’t much interested in talking about the money making game. He wanted to tell a richer, more meaningful story. A story about a woman with a huge ass, and a dirty little secret. Continue reading »
Archive for April 2010
If you said Washington you’re not wrong but that’s not the answer we were looking for. Yes, James is incredibly frustrated with the people in DC. Previously he’s tried to hold his tongue but no longer. He’s openly expressed concern about the various reform proposals and he recently told the President that the “administration’s anti-bank rhetoric ‘isn’t helpful,’ because it demoralizes businesses and employees.” But Washington, eh, whatever. It’s a source of annoyance but it’s not the thing that gets Jamie’s blood really boiling. Same goes for Syracuse University. He’s pissed at them, but they’re low on the list of things that make him go ape shit. What chaps James Dimon’s hide no other is when his name appears alongside certain people with whom he has essentially nothing in common. Continue reading »
A two-day hearing of The Financial Crisis Inquiry Commission just began and “The Maestro” is already getting grilled by Sen. Phil Angelides, who wants to know why the Fed didn’t do more to contain abusive lending.
“You could’ve, you should’ve and you didn’t,” Angelides said referring to the Fed’s “reluctance to regulate” even when faced with multiple warning signs about the pending mortgage crisis. “We did [regulate],” Greenspan shot back and then laid some the blame on Congress, which he said failed to pass abusive lending laws the Fed recommended they pass. Continue reading »
$$$ Adviser at center of Okla. hoops probe leaves Merrill, joins Raymond James [Investment News]
$$$ Yes, Larry Summers Is Leaving [The Atlantic]
$$$ AIG Resort Finds Buyer [WSJ]
$$$ Lombard Odier Targets Russian Billions With Moscow Office to Challenge UBS
She's after one of these bad boys.
Patricia Cohen is demanding “a substantial, if not controlling, interest” in SAC Capital. Continue reading »
WIN A CHANCE TO ATTEND THE 2010 CAESARS TENNIS CLASSIC!
Overnight Stay in a Centurion Tower Premium Room at Caesars Atlantic City on 4/10/10
Two tickets to the 2010 Caesars Tennis Classic APRIL 10, 2010, Atlantic City Boardwalk Hall – 7:30pm Continue reading »
These days, Judge Jed Rakoff’s name creates about as much agita inside the SEC as as Bernie Madoff. If Wall Street’s cops on the beat didn’t have enough to deal with already, now Judge Jed is up their ass about a seemingly meaningless legal settlement in the Galleon insider trading case. Continue reading »
The scene: you’re on a coffee break up in Stamford chatting it up with a couplea the guys you work with. The topic turns to the new hot chick in the office and one guy wonders aloud what kind of panties she wears. Bob says it’s gotta be thongs. Dave says he doesn’t understand why women wouldn’t just go commando, as thongs seem like they’d be wicked uncomfortable. It’s at this time that you say, “Actually, no, they’re not bad at all.” Everyone stares at you a second and then Dave asks slowly, “How would you know that?” Naturally you answer, “I know from personal experience of course. I wear women’s underwear.” Continue reading »
It’s just that its size helped prime your lady to get off. Continue reading »
Robert Benmosche has a vineyard in Croatia take care of and the finest bathroom fixtures money can buy. And it would be nice to tend to his grapes and enjoy some time on the can without having to worry about the company he’s been tasked with turning around, and the government breathing down his neck. He’s threatened to leave before and if he did now, people probably woudln’t give him too much shit, since it’s what every AIG CEO does anyway. Tradition and whatnot. But he’s promised his little workers that despite the fact that he honestly cannot take Ken Feinberg being such a god damn nag, and he’d be a lot happier just taking off, Daddy’s no deadbeat. Today he reaffirmed that commitment. Continue reading »
What’s Steve Cohen supposed to do now with a fresh $1.4 billion in his pocket and no Zamboni to ride around on: Throw some cash at tech companies.
Sources say Stevie’s henchmen are looking for a seasoned venture capitalist to invest about $100 million of the billionaire’s personal stash in tech startups. The headhunting is being overseen by Peter Berger and Frank Baker, both managing directors in SAC’s private equity unit who joined the firm a few years ago from Ripplewood. Continue reading »
