• 04 Mar 2011 at 4:43 PM

Write-Offs: 03.04.11

By Bess Levin

$$$ “On Friday, prosecutors also gave a preview of their case against Raj Rajaratnam, saying the first two witnesses will be a Federal Bureau of Investigation agent and Anil Kumar, a former McKinsey consultant and a cooperating witness in the case. Prosecutors indicated that they planned to play recorded telephone conversations between Mr. Rajaratnam and Mr. Kumar, as well as conversations between Mr. Rajaratnam and his employees and with his younger brother, Rengan Rajaratnam.” [WSJ]

$$$ Completely unimaginative UBS employee spends investor funds on “expensive cars, prostitutes and large gambling debts.” [WSJ]

$$$ “Our industry has a terrible, terrible reputation,” Anthony Scaramucci said as he accepted an award from the Hedge Funds Care charity Thursday night in front of 1,200 of his closest friends and expressed why he believes hedge fund managers should donate to charities. “I don’t care how many PR firms we hire. I don’t care how many lobbyists we hire. The only way we’re going to be able to change that is through our philanthropy,” he told the industry audience, at the annual gala at Cipriani 42nd Street in Manhattan. [Reuters]

$$$ Charlie Sheen Radio Station, Tiger Blood Radio, By Sirus XM [HP]

$$$ Rick Santelli: ‘Good’ Jobs Report Has Dark Side [CNBC]

$$$ Signs You’re About To Get Fired [USNEWS]

$$$ DJ Mr. Chachi, who spins regularly at the night club Tenjune and has worked for Hedge Funds Care free for the past four years, turns down the volume. Honoree Anthony Scaramucci, managing partner of Skybridge Capital LLC, is clinking his glass to quiet the crowd. “This is bigger than my bar mitzvah back in 1978,” he says. [Bloomberg]

Comments (13)

  1. 1
    Posted by Joe | March 4, 2011 at 9:57 PM

    Make billions on insider trading. Donate millions in philanthropy. All problems go away. D’oh, why didn’t I think of that.

    - Raj

  2. 2
    Posted by Freddie Uranus | March 4, 2011 at 11:20 PM

    Scaramucci, Scaramucci, can you do the fandango? You motherless cocksucker.

  3. 3
    Posted by Large Farva | March 5, 2011 at 12:03 AM

    ….and that was the second time I had scaramucci……

  4. 4
    Posted by CharlieShit | March 5, 2011 at 1:08 AM

    Goddess Bess,my sitcom will have a new name: Two Goddesses and a Half Man

  5. 5
    Posted by Sheeenit | March 5, 2011 at 1:38 AM

    Happy weekend all!!
    http://www.youtube.com/watch?v=i6HpGUqoGtg

  6. 6
    Posted by Sheeenit | March 5, 2011 at 1:41 AM

    Crap I posted the wrong one. Let’s try that again shall we.

    Happy weekend, WINNING!
    http://www.youtube.com/user/djsteveporter

  7. 7
    Posted by Ubssucks | March 5, 2011 at 2:46 AM

    UBS SUCKS… .I QUIT!!!!! THANK GOD!!!!!! WHAT A LONG TIME COMING, I FUCKING HATE THAT SHIT HOLE

  8. 8
    Posted by Biff | March 5, 2011 at 12:58 PM

    is black socks .com a real thing?

  9. 9
    Posted by Guest | March 5, 2011 at 1:06 PM

    so they’re hiring?

  10. 10
    Posted by Ctcb05 | March 5, 2011 at 1:12 PM

    Enjoyed the article. Thanks!

  11. 11
    Posted by Guest | March 5, 2011 at 8:03 PM

    Rajat Kumar Gupta (born December 2, 1948) is currently a special advisor on management reforms to the Secretary-General of the United Nations. Classic.

  12. 12
    Posted by Guest | March 6, 2011 at 12:07 AM

    …Not falling for that…..!

    -Guy Who Fell for WikiCleave

  13. 13
    Posted by Rich people pretending | March 6, 2011 at 8:57 PM

    I love that charity starts at Cipriani…

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