• 11 Jun 2010 at 5:48 PM

Write-Offs: 06.11.10

$$$ Remember that hedge fund manager, Guy de Chimay who I wrote about a few times back in the day because he appeared on Wall Street Warriors and said stuff like “Wall Street takes the brightest people and smashes them into the pavement on a regular basis” and “Wall Street guys have really made the Hamptons what it is“? He paid for that Hamptons house with clients’ funds, which he also put towards his divorce, which apparently you just can’t do. [Daily Intel]

$$$ SEC’s regional offices present managerial problems, become an obstacle to reform [WaPo]

$$$ Goldman’s CDO Woes Mean Dollar Signs For Laywers [Reuters]

$$$ Klarman Tops Griffin as Hedge-Fund Investors Hunt for `Margin of Safety‘ [Bloomberg]

Comments (49)

  1. Posted by Anonymous | June 11, 2010 at 6:01 PM

    Kouwe? I feel not the slightest twinge of anything. Why is that?

  2. Posted by Chris Partlow | June 11, 2010 at 6:28 PM

    Kouwe got got.

  3. Posted by NakedShort | June 11, 2010 at 6:29 PM

    Tomorrow we shall see who reigns supreme fish and chips vs. chicken fingers with Carly fries and chili con Carly loser cleans up the Gulf

  4. Posted by Anonymous | June 11, 2010 at 6:45 PM

    Beth -
    You go through contributors quicker than shit through a goose. And they say I am difficult.
    Cliff

  5. Posted by Anonymous | June 11, 2010 at 7:08 PM

    Can you imagine Kouwe trying to explain his career trajectory in his next job interview? “Well I was a business reporter at the New York Times, but I got fired after getting caught plagiarizing dozens of articles verbatim. Real humiliating for them, you probably read about it. So this popular finance blog Dealbreaker for some reason decided to give me another shot. I wasn’t good at, and the readers hated me, but they let me keep at it. But they found out I was using the bosses phone to send threatening emails to readers. So they fired me. Oh, you read about that one too? So you’ll be in touch then?”

  6. Posted by guest | June 11, 2010 at 7:22 PM

    All this carly talk has got me harder than Chinese arithmetic.
    Edward Smith
    Yelm, WA
    USA

  7. Posted by Anonymous | June 11, 2010 at 7:25 PM

    All you fat fuckers better let up on Kouwe. He is keeping a list right now and probably wearing lipstick.

  8. Posted by Anonymous | June 11, 2010 at 7:26 PM

    @7/Debra is that you? Be careful or your implants might pop, fake tits.

  9. Posted by Anonymous | June 11, 2010 at 7:46 PM

    You tricked me, I thought the reuters article was about Lloyd. If I eyes are not deceiving me it says “CEO woes…”

  10. Posted by Anonymous | June 11, 2010 at 7:50 PM

    I write 7,000 words per week

    jk actually everyone else does it for me

  11. Posted by Anonymous | June 11, 2010 at 8:02 PM

    Kouwe has a career trajectory on par with the Titanic.
    Leo

  12. Posted by Anonymous | June 11, 2010 at 8:06 PM

    Stop calling me fat!

  13. Posted by Anonymous | June 11, 2010 at 8:19 PM

    hey guys how do you even pronounce kouwe? is it like bowe with a k? or is it like cow-e?

  14. Posted by Anonymous | June 11, 2010 at 8:24 PM

    Kounemployed

  15. Posted by Mr. Market | June 11, 2010 at 8:25 PM

    Coo whee. But we can forget about him, and focus on more important things, like sunshine, beer, CEOs and CDOs

  16. Posted by Anonymous | June 11, 2010 at 10:12 PM

    @15 — tits are important too. Just ask Debrahlee.

  17. Posted by guest | June 12, 2010 at 8:01 AM

    “Investor money also was fraudulently used to pay Chimay’s massive credit card bills,” according to the SEC complaint.

    I wonder what was on those bills. Does anybody know?

    -guest

  18. Posted by BBZK | June 12, 2010 at 9:38 AM

    Bring Back Zach Kouwe!

  19. Posted by Anonymous | June 12, 2010 at 1:57 PM

    This blog is so much easier to read when I don’t have to skip past all of “Kouwe’s” “posts”. Thanks Bess; keep it up!

  20. Posted by anon | June 12, 2010 at 3:16 PM
  21. Posted by guest | June 12, 2010 at 3:18 PM

    how much cock did Zach have to suck to get felix to write this steaming pile of bull shit?

    “Kouwe isn’t evil, but he clearly isn’t cut out to be a blogger, either. There can be a lot of pressures in the world of professional blogging — pressures to come up with stories, pressures from commenters — and when faced with those pressures, Kouwe seems to have a habit of buckling and doing something unethical. It’s a personal weakness, and it’s sad, because Kouwe is a genuinely well-liked guy. I wish him all the best, in some area outside blogging.”

  22. Posted by Anonymous | June 12, 2010 at 3:52 PM

    Kouwe? Who or what the fuck is Kouwe?

  23. Posted by ExtraordinaryPopularDelusions | June 12, 2010 at 4:28 PM

    Fuck my readers! I carried them for 7000 words per week, and now I’m going to be fucking collies for the rest of my life.

    -ZK

  24. Posted by Anonymous | June 12, 2010 at 4:59 PM

    @21 maybe Kouwe’s good ….

  25. Posted by Anonymous | June 12, 2010 at 5:01 PM

    the reuters/kouwe article is retarded. commenters pushed kouwe to this point? kouwe is fit for any other job besides blogging? hmmm, really? kouwe’s fit for journalism (the kind where you have to report/write your own stuff)? or any other profession that requires not being an unethical asshole? challenge.

  26. Posted by Anonymous | June 12, 2010 at 5:09 PM

    I wouldn’t want to mess with Kouwe. I hear he keeps a list, wears lipstick, and hates Adam Sandler.

  27. Posted by BBZK | June 12, 2010 at 5:59 PM

    Anyone feel bad that we may have ruined his life?
    If Dealbreaker didn’t exist, Kouwe couldn’t have plagiarised from it, wouldn’t have been outed, wouldn’t have taken the gig here and wouldn’t have been fired a second time.

    Hope the guy realises it’s time to try something different – financial journalism really just isn’t his thing, although I wish him well.

  28. Posted by anon | June 12, 2010 at 6:14 PM

    “Anyone feel bad that we may have ruined his life?”
    -No. Everything that’s happened to him he did to himself.

    “If Dealbreaker didn’t exist, Kouwe couldn’t have plagiarised from it, wouldn’t have been outed”
    - he plagiarized from multiple other outlets, including the WSJ, which was what ultimately got him canned from the Times.

    “I wish him well”
    -why? he threatened and harassed readers and is a generally unethical person who, even after getting caught, didn’t think he did anything wrong (see the interview he gave after getting fired from the Times– he claimed he had no idea he plagiarized from the WSJ, and as for DealBreaker, he said he didn’t know you had to give credit to blogs, that you could just steal their reporting and claim it for your own). why would you wish him well?

  29. Posted by Pilar | June 12, 2010 at 6:26 PM

    Whoever owns this company should (a) put Bess in charge, but keep her editing this site, (b) send Lat back to ATL and can whoever made that site intolerable and (c) shut down whatever other sites they have.

  30. Posted by anon | June 12, 2010 at 6:32 PM

    @29 David Lat still works at ATL, never left, not sure what you’re talking about.

  31. Posted by BBZK | June 12, 2010 at 6:38 PM

    @28

    By “I wish him well” I mean “I hope he doesn’t kill himself”.

  32. Posted by Anonymous | June 12, 2010 at 6:57 PM

    The guy is obviously a loser. Who has no talent, yet an incredible sense of entitlement. He has no sense of right or wrong, or when he has leapt across acceptable boundaries. He is a douche.
    Love,
    Zacharie’s Mom

  33. Posted by Pilar | June 12, 2010 at 7:42 PM

    @30 – but he turned the posting over to others and the site is unreadable now.

  34. Posted by Anonymous | June 12, 2010 at 10:04 PM

    Bring back Greggums!!!

  35. Posted by Anonymous | June 12, 2010 at 10:12 PM

    Greg,
    I’m going to buy you 20 lap dances at Scores, to make up for the 20 I got you at Avalon last year (unless you were only pretending to be uncomfortable – NTTAWWT).

    -Not Jeff Macke but a fan of his work

  36. Posted by Anonymous | June 13, 2010 at 12:47 PM

    cow-we!

  37. Posted by Anonymous | June 13, 2010 at 2:05 PM

    Lat killed ATL with the new system. Its a blogging miscarriage.

  38. Posted by Anonymous | June 13, 2010 at 4:29 PM

    damned germans

  39. Posted by FKA Lowly Assistant | June 13, 2010 at 4:56 PM

    In my professional opinion, I think Anal_yst or I should take over for Kouwe. Just sayin’ is all.

  40. Posted by Anal_yst | June 13, 2010 at 5:32 PM

    @28 pretty much sums up my thoughts, although I don’t have anything against Kouwe personally, although he clearly doesn’t care much for me, which I think is strange since @ the beginning I was one of the few who explicitly said I’d reserve judgment for a while despite all indicators pointing to the fact that his posts were, and remained, terrible.

    If only he’d listened to our suggestions to improve his posts instead of going off the fucking reservation this whole fiasco could have been avoided.

    @39

    We’ll see what happens later this summer…

  41. Posted by guest | June 13, 2010 at 6:09 PM

    “In my professional opinion, I think Anal_yst or I should take over for Kouwe. Just sayin’ is all.”

    hahahah. christ, I needed that laugh. would rather have the no-talent, no-ethics hack back than that.

  42. Posted by Anonymous | June 13, 2010 at 6:16 PM

    ” off the fucking reservation ”

    someone needs to examine his motives.

  43. Posted by FKA Lowly Assistant | June 13, 2010 at 6:32 PM

    42, tevs.

  44. Posted by guest | June 13, 2010 at 6:33 PM

    bring back jon shazar (really).

  45. Posted by Anonymous | June 13, 2010 at 8:31 PM

    Bring back Greg. It really is hard to suck that bad. The kid had talent. He was a train wreck – but you just had to look. Being that bad is an art form. He wrote the longest run on sentences in the history of the English language. You try and do that. Plus he was like Gumby. No matter how much we beat the snot out of him, he came back for more, trying to please us. But he always sucked. That douche.
    Fondly,
    Greg’s Mom

  46. Posted by Anonymous | June 13, 2010 at 8:39 PM

    getting fired is the new kouwing it

  47. Posted by Anonymous | June 13, 2010 at 8:40 PM

    I don’t care who it is, they will be torn a new one until the gods tell us to stop.

    Jimmy Dean’s Sausage

  48. Posted by HAM05 | June 13, 2010 at 11:05 PM

    gregs mom @45 for the new spot

    anal_yst writing for db will break commenting records. it will make for the most extraordinarily entertaining shits

  49. Posted by Anonymous | June 14, 2010 at 7:52 AM

    If anal_yst starts writing, he’ll get a hundred comments per post of “shut the fuck up anal_yst”. COW-WEE MARK TWO!

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