Results tagged “Marc Dreier” from Dealbreaker
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Marc Dreier Got Into The Ponzi Biz To Fulfill His Destiny For Greatness, To Fill A Void, And To Buy A Beach House
Sep 29, 2009, 1:05pm
Posted by Bess Levin
Not a day goes by that I don't curse Bernie Madoff, for robbing Marc Dreier of the insane media attention he deserved for a scam maybe not as big as but exponentially more creative and ridiculous than what the...
Three Dreier Sheets To The Wind
May 21, 2009, 2:14pm
Posted by Equity Private
Even now Marc Dreier's assets are being fire-saled away. What an awful pity. Perhaps someone should have pointed out, however, that "Dreier's Escape" was sort of slow for a get-away craft. Marc Dreier's Fire Sale at Sea [Cityfile]...
Dreier Sheets
May 15, 2009, 4:03pm
Posted by Equity Private
Now that Bernie Watch is old news, we have to move on. Luckily for us, there's plenty more fast-food of the rich and indicted fodder available. For example: House arrest isn't too harsh for dirty lawyer Marc Dreier, who's out...
Dreier Sheets
May 01, 2009, 1:11pm
Posted by Equity Private
One of the great certainties of criminal and civil downfall watching is the joy of the forced asset sale. So as our favorite scruff-bearing impersonator of pension fund officials, Marc Dreier, descends into the oblivion of the criminal justice system,...
The Men In Tights Defense
Feb 11, 2009, 12:02pm
Posted by Equity Private
Say what you will about Marc Dreier, yes, ok, so he was into that whole "Yale thing," but he sure know how to pick victims. The list of his stingees has grown to include Amaranth Group Inc., Perella Weinberg Partners...
On Depthlessness In The Face Of Depth
Jan 30, 2009, 10:44am
Posted by Muffie Benson-Perella
Muffie Benson-Perella (muffie AT muffmarkets.com) was an Associate in the Investment Banking Division of a "Bulge Bracket" bank. She holds a B.A. in French and Art from Vassar College and an M.B.A. from Harvard Business School. She concentrated in Contemporary...
Dreier Touched Elliott Management In The Bad Place
Jan 26, 2009, 2:35pm
Posted by Equity Private
You have to hand it to this guy Dreier. He really managed to scam some sharp folks. Or perhaps we have a very over-inflated view of the collective sharpness of hedge funds with famous names and big AUMs. Elliott's losses...
Tuesday Is Fraud Day
Dec 16, 2008, 3:03pm
Posted by Equity Private
Dreier, LLC will be seeking bankruptcy protection and so, likely, will its founder Marc Dreier, this according to a receiver appointed to run the firm. I suppose in many ways Derier timed this wonderfully. Taking advantage of the Made-off scam...
Potential Dreier Entanglees
Dec 12, 2008, 3:49pm
Posted by Equity Private
Yes, it is easy to forget about the Dreier case when all this Make-off stuff is going on, but there are other frauds, dear friends. Looking through the Grand Jury Subpoena to Dreier LLP, we find the following request for...
Dreier Sheets
Dec 11, 2008, 12:33pm
Posted by Equity Private
And you thought he had only stolen about $100 million. Bollocks! The "Houdini of impersonation" (U.S. Attorneys have the most colorful nicknaming skills) has bilked unnamed funds out of $380 million. U.S. Attorneys also have great powers of suggestion. Tell...
Would You Give $50 Million To This Man?
Dec 08, 2008, 1:44pm
Posted by Equity Private
What do you do when maintaining the artifice of your series of fraudulent transactions is threatened by the credit crunch? Why, impersonate a pension fund lawyer and get $50 million from Fortress, of course. According to people familiar with the...
