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Wanna Hang Out With Shia LaBeouf?
Oct 02, 2009, 10:15am
Posted by Bess Levin
Perhaps misguidedly, that's the carrot the casting team for Money Never Sleeps is dangling in order to get extras but whatever. The point is, the thespians among us should give this some serious consideration (we're told you don't actually have...
Stand By Your Man
Feb 18, 2009, 1:22pm
Posted by Bess Levin
Darren Rovell would like to know if it is "awkward" that golfer Vijay Singh, who signed a sponsorship deal with Stanford Financial last month, will continue endorse the company, now that it's been accused of perpetrating massive fraud. The answer...
Steel Partners Gives Ping Jiang A Run For His Money
Jan 20, 2009, 1:47pm
Posted by Bess Levin
Brass-balled letters to investors from managers informing investors, unapologetically, that (circle one or more) (a) great news: you're getting 3 cents back for every dollar you invested in our fund (b) requests for money to be returned have been DE-NIED...
When I Say "Dance, Puppets," You Dance
Jan 09, 2009, 9:50am
Posted by Bess Levin
When I tell you guys to bust out the Ouija board and summon Isaac Le Maire, do you think it's because I have insider information that you're all necrophiliacs? When I tell you to make space in your living rooms...
We Can Be Bought
Aug 06, 2008, 10:30am
Posted by Bess Levin
As mentioned yesterday in Write-Offs, activist investor Carl Icahn has hired Reuters reporter Dane Hamilton to write for his blog, The Icahn Report. Hamilton was at the newswire for seven years, primarily writing about alternative investments and no doubt made...
Blanche DuBois Starts Hedge Fund
Posted in SAC Capital, Jun 12, 2008, 1:33pm
Posted by Bess Levin
Ping Jiang, the man who revolutionized trading at SAC Capital, has started his own hedge fund. Previous to branching out on his own, Jiang maximized returns at SAC by *allegedly* requiring those who worked under him to take female hormone...
Victory At SAC: EEOC Says, 'Hormones Do Not Sexual Harassment Make'
Posted in SAC Capital, Apr 30, 2008, 4:00pm
Posted by Bess Levin
CNBC’s Senior Testes-cum-Ovaries Correspondent Charlie Gasparino reports that the Federal Equal Employment Opportunity Commission has closed its investigation of allegations made by a former SAC Capital employee that his superior forced him to take female hormone pills. Junior trader Andrew...
People Moves: Blanche DuBois Out At SAC
Apr 09, 2008, 11:53am
Posted by Bess Levin
Here’s some mildly upsetting news: Ping Jiang, the man who revolutionized trading at SAC Capital, is no longer with the firm. For those who need a quick refresher, Jiang was the pioneer who maximized returns by requiring those who worked...
What The Hell?
Posted in SAC Capital, Jan 07, 2008, 5:58pm
Posted by Bess Levin
CNBC’s Senior Testes and Estrogen Correspondent Charlie Gasparino, who just can’t get enough of this stuff, reports that SAC trader Ping Jiang probably lost 200 million last year. At one point, Ping was Stevie-boy Cohen’s second highest earner. Where did...
According To Charlie Gasparino: Stan O'Neal Is Getting Fired For 5 Reasons
Posted in Merrill Lynch, Oct 26, 2007, 7:10am
Posted by Bess Levin
1. The whole firm hates him. 2. He took risks. 3. That strategy turned out to be a bad one. 4. He left the office early to go return some videotapes. 5. Posing for that picture. Charlie also added...
Finally, Allegations Stevie Cohen Can Get Behind: Hormone Investigation ‘Reveals’ Possible Sexism SAC
Posted in SAC Capital, Oct 17, 2007, 2:45pm
Posted by Bess Levin
CNBC reports that the federal Equal Employment Opportunity Commission has taken the unusual step of performing “on-site” interviews at SAC Capital, on account of the fact that the accusations levied by a former junior trader, Andrew Tong, that his boss,...
The Absence of a SAC?
Posted in SAC Capital, Oct 15, 2007, 2:00pm
Posted by Bess Levin
Andrew Tong, the former SAC trader who has accused his old boss Ping Jiang of forcing him to take female hormones, etc, has now allegedly produced “scientific evidence to corroborate the traumatic events that form the basis of his claims,”...
Feds Get In On The SACtion
Posted in SAC Capital, Stevie Cohen, Oct 12, 2007, 10:43am
Posted by Bess Levin
Great headline, right? There’s more where that came from. Anyway, according to papers files yesterday, the federal Equal Employment Opportunity Commission is now investigating allegations that a SAC trader was required to take female hormones as part of a senior...
The Secret To SAC's Success?
Posted in SAC Capital, Stevie Cohen, Oct 10, 2007, 4:32pm
Posted by Bess Levin
In May, we told you about the allegations of sartorial behavior modification at SAC Capital Management. Former SAC employee Andrew Z. Tong had accused current SAC employee (and top trader, and Yoko Ono neighbor) Ping Jiang of sexual harassment that...
Sartorial Behavior Modification at S.A.C.?
Posted in Hedge Funds, SAC Capital, Stevie Cohen, Jun 15, 2007, 9:47am
Posted by Bess Levin
It’s no secret that Stevie Cohen and S.A.C. Capital Management like to keep secrets. Cohen owns the media rights to publish his photographs, makes traders in his group swear on their lives that they won’t disclose any information, never shares...
Morgan Stanley Gives Coffee/Copy-Making Intern Reason To Believe He Has Something To Live For
Posted in Morgan Stanley, Dec 18, 2006, 11:16am
Posted by Bess Levin
Morgan Stanley, the world's second- biggest securities firm, promoted 228 employees to managing director, a day after awarding Chief Executive Officer John Mack a record $40 million bonus. ``Everybody who joins Morgan Stanley right out of business school as an...
