Results tagged “Steve Cohen” from Dealbreaker

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Steve On Steve: The Most Magical Night Of ALL TIME

A few weeks ago I told you to mark your calendars for the social event of the year. At the time I said it was the SAC Capital Giant Balloon Inflation Party. I lied. The balloon blowing is still going...

Steve Cohen Spits In Ken Lewis's Face

Will the indignities heaped upon Bank of America never end? It can't find anybody who is willing to step into the considerable--if dirty--shoes of the inimitable Ken Lewis. Its former CFO just got canned for helping to run GMAC Financial...

An Additional Message From Steve Cohen (Demo Included)

For most of this week, our singular mission has been to defend the most majestic hedge fund in all the land, vis-à-vis the hideous suggestion they may have been tainted by the insider trading scandal du jour. Our message has...

A Follow Up Message From Steve Cohen's Magic Kingdom

Yesterday, together as a joint effort, we and SAC cleared the most majestic hedge fund in all the land of any possible wrongdoing vis-à-vis the insider trading case du jour. First, the firm conducted its own thorough investigation of the...

A Reminder From Steve Cohen

The events of last week, wherein the most majestic hedge fund in all the land was implicated in the insider trading scandal du jour, were deeply distressing to us all. While SAC was reviewing the trades in question, and, thankfully,...

Allen Stanford Suffers Another Blow, George Soros Not So Much

This one didn't come at the hands of a fellow inmate but everyone on the inside would be wise to stay out of Sir Stan's way to today, as odds are he is in a mood. One word-- and I...

Fat, Idle Fingers Are The Devil's Workshop

With SAC gone mostly to cash and no idiotic traders to berate 15 hours a day, our favorite Steve has had to find other environments to dominate, other minions to tower over (around) and belittle. The Greenwich Planning and Zoning...

'Vanity Fair' Can't Keep Its Middle-Aged Jews Named Steve Cohen Straight

Earlier this morning an absolutely flummoxed Dealbreaker wondered aloud how SAC Capital founder Steve Cohen could have possibly been placed in the completely demeaning slot of 99 (out of 100) on Vanity Fair's annual ranking of the most 'Influential' people...

Hirst Still Playing Elaborate Joke On Hedge Fund Community

Hey there aspiring Little Steves-- nows your chance to sidle up to the big guy and remark, "Looks like we have the same taste in art, though mine clearly veers a little more towards the Renaissance Fair-inspired, gay works."...

Victory At SAC: EEOC Says, 'Hormones Do Not Sexual Harassment Make'

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...

Why Isn't American Apparel Beset By Activists?

In July of 2005, "Endeavor Acquisition Corporation (A Development Stage Enterprise) was formed in Delaware. Just before Christmas 2005, the company raised around $130 million in a "blank check" IPO, as a "Special Purpose Acquisition Company," effectively a promise to...

The Most Awesome DealBreaker Contest Ever Today

As you know, JPMorgan is extending the welcome wagon to a very, very select group of Bear Stearns employees, which may include Alan Schwartz and will most definitely exclude the disabled. New “hires” are said to be receiving gift baskets...