Back in 2009, Thomas Ammann found out through his investment banking job that Canon Inc would be acquiring a Netherlands-based company called Océ N.V. Being in a bit of a tight spot with his finances and seeing an opportunity to score some cash but wanting to avoid the prison time that could come with, he decided to be smart about things and put some distance between the tips and his profits, by employing a couple middlemen. In this case, those middlemen were his two girlfriends, Christina Weckwerth and Jessica Mang, who 1) put up the cash and 2) traded on the material non-public information. And while they probably would have taken issue with Ammann dating and tipping both of them, and would have perhaps been branded a lowlife by their friends and families, Tommy-boy made sure to keep the women a secret from one another, therefore only incurring the wrath of Mang’s roommate on account of the insider trading business. Which, to be honest, Mang thought she was kind of being an uptight bitch about.

Mang bought OCE shares and then sold them five days later for almost twice what she invested, Pinto said. She wrote in her personal diary that Ammann advised her to invest, according to the prosecutor. Mang had been living in central London with a friend who worked in hedge-fund sales for Goldman Sachs, Pinto said. When told about Mang’s plans to invest in OCE, her friend “expressed her disapproval and kept calling it insider dealing.” In her diary, Mang wrote of her annoyance that her roommate insisted the trades were insider dealing. “Really?” Mang wrote, according to court documents. “Is that necessary? Increasingly prissy.”

Ex-Banker Girlfriends Double Money On Insider Trading [Bloomberg]
Investment banker ‘helped two lovers (who had no idea the other existed) make £2million by leaking confidential information during takeover bid’ [DM]

27 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (27)

  1. Posted by Disappointed Guest | October 16, 2012 at 1:33 PM

    The black panties on the scroll down were the most attractive thing about this.

  2. Posted by AIGInterractialQuant | October 16, 2012 at 1:38 PM

    I'd give him extra points for variety:
    http://www.dailymail.co.uk/news/article-2218583/I

  3. Posted by reftr | October 16, 2012 at 1:48 PM

    Man, that guy needs to apply himself. He has to be able to do better than those two mullions.

  4. Posted by AIGInterractialQuant | October 16, 2012 at 1:38 PM

    I'd give him extra points for variety:
    http://www.dailymail.co.uk/news/article-2218583/I

  5. Posted by Dr_Rosenrose | October 16, 2012 at 1:52 PM

    Hey Mang, I was expecting you to be Hispanic.

  6. Posted by Guest | October 16, 2012 at 1:55 PM

    Dear Diary,

    I'm an idiot.

    -Mang

  7. Posted by guest | October 16, 2012 at 1:58 PM

    If he can't do better than Mizuho, then I would say he has trouble applying himself.

  8. Posted by Guesticle | October 16, 2012 at 2:03 PM

    Disagree. No extra points for those two. I don't even think Tiger would do the one on the left with a Naked Gun full body condom with the lights off and a bag on her head.

  9. Posted by yellofevah | October 16, 2012 at 2:12 PM

    Just a little story about Ugly people F*cking!!!

  10. Posted by reftr | October 16, 2012 at 2:12 PM

    Good Point, but those two are more suited to a strip mall Edward Jones trainee in St Paul.

  11. Posted by Guesteeculos | October 16, 2012 at 2:19 PM

    Bath salts… hell of a drug.

    Also, who was the original buyer of Roy Orbison in drag?

  12. Posted by investorcluzo | October 16, 2012 at 2:21 PM

    she had a diary…which she kept next to the crocheting kit on the night stand. guy should have known better. clearly he lacks attention to detail – wait, is he related to the guy that bought the cheddar cheese salad?

  13. Posted by Al C | October 16, 2012 at 2:23 PM

    Hey Mang, don't tell 'em your Jewish, alright?

  14. Posted by broseph | October 16, 2012 at 2:38 PM

    I've never seen an Asian woman bloated like that before

  15. Posted by Guest | October 16, 2012 at 2:49 PM

    She moves pretty well for a big man.

  16. Posted by Momentus | October 16, 2012 at 3:00 PM

    Mangstein?

  17. Posted by me2 | October 16, 2012 at 3:01 PM
  18. Posted by oki | October 16, 2012 at 3:03 PM

    You must not be around a lot of finance or law asians. once they go through that first 2-3 years they all acquire that torso.

  19. Posted by Rick Miller | October 16, 2012 at 3:23 PM

    Thing 1 and Thing 2.

  20. Posted by Guest | October 17, 2012 at 12:01 AM

    People still keep diaries?

  21. Posted by Ta Da! | October 17, 2012 at 6:46 AM

    I didn't know asian women under 40 came in this model — Chunky Monkey.

  22. Posted by Guest | October 17, 2012 at 1:32 PM

    Hope that latte is skim.

  23. Posted by ROR | October 17, 2012 at 1:39 PM

    She ruv you wide time!

  24. Posted by Guest | October 17, 2012 at 2:47 PM

    Typical of the type of woman a common share trader would associate himself with. Naked open calls the NKI

  25. Posted by USA-USA-USA! | October 17, 2012 at 4:24 PM

    Why is every girl in London so fugly?

  26. Posted by Brudda | October 18, 2012 at 8:30 AM

    Why is everyone in the States so fat?

    -RBS Stereotype Quant

  27. Posted by Controller | November 5, 2012 at 6:58 PM

    She could never pass the CFA exam.

    - Guy who hasn't passed the CFA exam