Jon Shazar

Posts by Jon Shazar

  • 22 Sep 2014 at 5:55 PM

Fitch, Moody’s Still More Patriotic Than S&P

Neither are going to make that double-A-plus mistake that a certain ratings agency made, and while they’re at it, they have some kisses to blow in Washington’s direction. Read more »

Blackstone Is Taking A Break From Russia

Well, not so much a break as a permanent hiatus from repeatedly banging its head against an increasingly hard wall. Read more »

Cory Frugé is a pilot and an Alibaba enthusiast—an enthusiasm that stems from his being a pilot and his love of the cheap lighting solutions the Chinese company provided him for his backyard runway. Unfortunately for Capt. Frugé, he had planned a vacation to the Florida Panhandle the very day of Alibaba’s IPO. This was distressing to Capt. Frugé, and so he did the reasonable thing: He told his investment adviser to buy him shares when they became available.

He then also did the unreasonable thing: Sat around waiting for Alibaba shares to begin trading, delaying his flight to do so, even though he had put in place the aforementioned arrangement. Then, he got impatient and took off just in time to be 10 minutes late for the big moment. Which, again, didn’t matter, because he had already placed his order. Read more »

Steve Cohen Is Looking For A New Right Hand

The incredibly-named Chandler Bocklage, last seen shilling for Steve at that Martoma guy’s trial, has moved on. As have six other Point72ers. Read more »

WestEnd Capital Management’s Sean Cooper allegedly took a few hundred thousand dollars more than he was entitled to. Guess where half of it went? Read more »

The former chief counsel of the U.S. Treasury Office of Foreign Control Assets is leaving his lucrative white-shoe law-firm job for the (presumably even more lucrative) job leading BNP’s shiny new U.S.-based compliance operation. Read more »

Argentine President Cristina Kirchner and Pope Francis were once neighbors, but the two have had their differences. Like the time she said his opposition to adoption by gay people made him sound like someone out of “medieval times and the Inquisition.” Or when her late husband and predecessor called the former Jorge Cardinal Bergoglio “the true representative of the opposition.”

Still, she’s hoping His Holiness will help his native land out of its little “we-don’t-want-to-pay-our-bills” jam. He’s a champion of the poor, Argentina is a self-proclaimed (and self-impoverished?) poor country. Maybe he’d make a few calls? Exercise his newfound influence with Washington? Put in a good word with the big guy? Read more »

Most especially how it will not fuck it up, just like it did not fuck up the Twitter IPO. Read more »