Additionally, the firm is said to be fielding “massive redemption requests,” with Cornell University asking for its money back. The $4 billion Greenwich-based Level Global, which has not been charged with any wrongdoing was one of the first firms to be raided by the FBI, and was founded in 2003 by SAC alum David Ganek.

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Comments (69)

  1. Posted by GGGuest | December 16, 2010 at 8:05 PM

    I think everyone just turned their TVs to Fox Business News. Well played CG. Great quick heads up bess.

  2. Posted by Guest | December 16, 2010 at 8:17 PM

    ruh roh

  3. Posted by Guest | December 16, 2010 at 8:17 PM

    ruh roh

  4. Posted by CT | December 16, 2010 at 8:17 PM

    couldn’t have happened to a nicer guy.

    /heavy sarcasm, as ganek is a major fucking asshole

  5. Posted by CT | December 16, 2010 at 8:17 PM

    couldn’t have happened to a nicer guy.

    /heavy sarcasm, as ganek is a major fucking asshole

  6. Posted by Anonymous | December 16, 2010 at 8:21 PM

    To: CGasparino@FoxBN.com
    From: [Redacted Underling]@FoxBN.com

    Re: Re: SEC Investigation

    Chuck,
    I hope you liked my analysis about the mob-like sting, I checked that site “Dealbreaker” and they ate it up. BTW, thanks for lending me that movie “Fletch.” That Chevy Chase guy is pretty funny! Now I see where you get your investigative instincts. It was inspirational just like you said it would be, but do I really have to dress like a homeless guy and hang out by the Greenwich exit on 495 waiting for fed cars to arrive. It’s getting pretty cold out and it’s late. Would it be okay if I just went to the Starbucks in town? There is a pretty good view of the freeway exit and I would be able to quickly run out and find out which hedge fund office they hit next.

    Respectfully,
    [Redacted Underling]

  7. Posted by Anonymous | December 16, 2010 at 8:21 PM

    To: CGasparino@FoxBN.com
    From: [Redacted Underling]@FoxBN.com

    Re: Re: SEC Investigation

    Chuck,
    I hope you liked my analysis about the mob-like sting, I checked that site “Dealbreaker” and they ate it up. BTW, thanks for lending me that movie “Fletch.” That Chevy Chase guy is pretty funny! Now I see where you get your investigative instincts. It was inspirational just like you said it would be, but do I really have to dress like a homeless guy and hang out by the Greenwich exit on 495 waiting fed cars to arrive. It’s getting pretty cold out and it’s late. Would it be okay if I just went to the Starbucks in town? There is a pretty good view of the freeway exit and I would be able to quickly run out and find out which hedge fund office they hit next.

    Respectfully,
    [Redacted Underling]

  8. Posted by Anon | December 16, 2010 at 8:28 PM

    co-signed

  9. Posted by GGGuest | December 16, 2010 at 8:32 PM

    I like the ‘glasses = serious’ tag

  10. Posted by GGGuest | December 16, 2010 at 8:32 PM

    I like the ‘glasses = serious’ tag

  11. Posted by GGGuest | December 16, 2010 at 8:32 PM

    I like the ‘glasses = serious’ tag

  12. Posted by GGGuest | December 16, 2010 at 8:32 PM

    I like the ‘glasses = serious’ tag

  13. Posted by Danny McGrath | December 16, 2010 at 8:37 PM

    These days it’s all velvet ropes and posture… (not applicable to anything, just wanted to say that)

  14. Posted by Danny McGrath | December 16, 2010 at 8:37 PM

    These days it’s all velvet ropes and posture… (not applicable to anything, just wanted to say that)

  15. Posted by Danny McGrath | December 16, 2010 at 8:37 PM

    These days it’s all velvet ropes and posture… (not applicable to anything, just wanted to say that)

  16. Posted by GGGuest | December 16, 2010 at 8:37 PM

    P.S., 10% in redemptions do not = massive redemption requests. CG, meet me outside of Minettas and we can go over your math.

  17. Posted by GGGuest | December 16, 2010 at 8:37 PM

    P.S., 10% in redemptions do not = massive redemption requests. CG, meet me outside of Minettas and we can go over your math.

  18. Posted by GGGuest | December 16, 2010 at 8:37 PM

    P.S., 10% in redemptions do not = massive redemption requests. CG, meet me outside of Minettas and we can go over your math.

  19. Posted by guest | December 16, 2010 at 9:03 PM

    Let’s hope the sales assistant ladies at Moody’s cooperate as much as the mole is at Level… when I ask them if they are all virgins at the Moody’s holiday party.

    Marc Brammer
    Director Moody’s

  20. Posted by AGasp | December 16, 2010 at 11:29 PM

    “MOLE!! BLOODY MOLE!! We’re not supposed to talk about the bloody mole, but there’s a bloody mole WINKING ME IN THE FACE!!”

  21. Posted by PasteSpecialFormats | December 16, 2010 at 11:55 PM

    glasses = serious(ly), he said he always wanted a blowjob from a librarian

  22. Posted by Yarsan | December 17, 2010 at 1:49 AM

    Chazz’s gonna check it out tonight at San Pietro, see what the bus boys have to say. The situation is fluid, ya dig? There may (or may not) be some Breaking News out soon. Stay tuned.

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