Dealbreaker http://dealbreaker.com Wall Street Insider – Financial News, Headlines, Commentary and Analysis - Hedge Funds, Private Equity, Banks Fri, 24 May 2013 21:19:49 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Write-Offs: 05.24.13 http://dealbreaker.com/2013/05/write-offs-05-24-13/ http://dealbreaker.com/2013/05/write-offs-05-24-13/#comments Fri, 24 May 2013 21:19:03 +0000 Dealbreaker http://dealbreaker.com/?p=104058 $$$ Fifth Executive at SAC Capital Receives Subpoena [BusinessWeek / Sheelah Kolhatkar] $$$ Tudor’s Jones Apologizes for Remarks on Female Traders [Bloomberg] $$$ Goldman Sachs Links Bonuses to Protecting Firm Reputation [Bloomberg] $$$ Woman, 47, Faces Domestic Violence Rap For Clobbering Guy In Head With Garden Gnome [TSG] $$$ That’s it for us today. Enjoy…

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]]> http://dealbreaker.com/2013/05/write-offs-05-24-13/feed/ 0 Penguins Living In Palatial Digs Have Stepen Schwarzman To Thank http://dealbreaker.com/2013/05/penguins-living-in-palatial-digs-have-stepen-schwarzman-to-thank/ http://dealbreaker.com/2013/05/penguins-living-in-palatial-digs-have-stepen-schwarzman-to-thank/#comments Fri, 24 May 2013 21:16:37 +0000 Bess Levin http://dealbreaker.com/?p=104062 13_stephen_schwarzman_01

SeaWorld Entertainment’s Antarctica: Empire of the Penguin attraction, opening today at the company’s namesake theme park in Orlando, features 50-foot glaciers, 2,500 glass icicles and up-close encounters with 230 penguins, dusted daily with 6,000 pounds of snow. “It is the coolest attraction in the world,” President and Chief Executive Officer Jim Atchison said in an…

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Tags: Antarctica, Blackstone, Empire of the Penguin, SeaWorld, Stephen Schwarzman, Stephen Schwarzman: a friend to the penguins

]]> http://dealbreaker.com/2013/05/penguins-living-in-palatial-digs-have-stepen-schwarzman-to-thank/feed/ 0 The Final Days of Gary Gensler http://dealbreaker.com/2013/05/the-final-days-of-gary-gensler/ http://dealbreaker.com/2013/05/the-final-days-of-gary-gensler/#comments Fri, 24 May 2013 20:59:28 +0000 Jon Shazar http://dealbreaker.com/?p=103985 Gary Gensler is very close to getting his wish to not be CFTC chairman anymore. As for his wish for a better job than CFTC chairman, well, this certainly can’t have helped. Former top Senate aide Amanda Renteria is being vetted to succeed Gary Gensler as chairman of the Commodity Futures Trading Commission after the…

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Tags: Amanda Renteria, be careful what you wish for, CFTC, Gary Gensler

]]> http://dealbreaker.com/2013/05/the-final-days-of-gary-gensler/feed/ 2 Argentina Just Realized That One Of Its Default Holdouts Owns A Factory In Buenos Aires http://dealbreaker.com/2013/05/argentina-just-realized-that-one-of-its-default-holdouts-owns-a-factory-in-buenos-aires/ http://dealbreaker.com/2013/05/argentina-just-realized-that-one-of-its-default-holdouts-owns-a-factory-in-buenos-aires/#comments Fri, 24 May 2013 19:40:07 +0000 Jon Shazar http://dealbreaker.com/?p=104026 So they raided it, as part of a totally non-retaliatory tax investigation. So non-retaliatory, in fact, that the federal tax agency felt it could casually mention in its press release that Ken Dart is among the “vultures” using “judicial colonialism” to deprive Argentina of its sovereignty without raising any suspicions at all. Argentine authorities investigating…

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Tags: Argentina, Kenneth Dart, the Vladimir Putin playbook

]]> http://dealbreaker.com/2013/05/argentina-just-realized-that-one-of-its-default-holdouts-owns-a-factory-in-buenos-aires/feed/ 2 Citadel Would Like The Fees It Wrongly Paid Back http://dealbreaker.com/2013/05/citadel-would-like-the-fees-it-wrongly-paid-back/ http://dealbreaker.com/2013/05/citadel-would-like-the-fees-it-wrongly-paid-back/#comments Fri, 24 May 2013 19:25:49 +0000 Jon Shazar http://dealbreaker.com/?p=103987 We’re going to guess that the options exchanges being sued by Citadel and three other firms plan to dispute the following statement. “There is no dispute that the exchanges improperly charged fees to the market makers on millions of orders over an approximately 7-year period,” according to the complaint. “The dispute arises from the exchanges…

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Tags: CBOE, Citadel, options exchanges

]]> http://dealbreaker.com/2013/05/citadel-would-like-the-fees-it-wrongly-paid-back/feed/ 0 How Well Do You Know Cliff Asness? Dealbreaker Trivia: Home Edition http://dealbreaker.com/2013/05/how-well-do-you-know-cliff-asness-dealbreaker-trivia-home-edition/ http://dealbreaker.com/2013/05/how-well-do-you-know-cliff-asness-dealbreaker-trivia-home-edition/#comments Fri, 24 May 2013 19:14:18 +0000 Bess Levin http://dealbreaker.com/?p=104023 asnessdesk

It’s a Friday, it’s a Friday before a holiday weekend, it’s a Friday before a holiday weekend and the day after Dealbreaker Trivia. If you were expecting much from us, our condolences! Still, we’re not totally without compassion for those of you who’ve got some time to kill before being unchained from your desks and…

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Tags: pop quizzes, trivia

]]> http://dealbreaker.com/2013/05/how-well-do-you-know-cliff-asness-dealbreaker-trivia-home-edition/feed/ 3 From Now On Goldman Will Only Sell A Product To Clients If Some Goldman Partners Understand It http://dealbreaker.com/2013/05/from-now-on-goldman-will-only-sell-a-product-to-clients-if-some-goldman-partners-understand-it/ http://dealbreaker.com/2013/05/from-now-on-goldman-will-only-sell-a-product-to-clients-if-some-goldman-partners-understand-it/#comments Fri, 24 May 2013 19:11:23 +0000 Matt Levine http://dealbreaker.com/?p=104003 OH THE STOP SIGN

I can’t find the quote but I recently read someone arguing that you should never worry about anything you see on the news. By definition, the argument goes, horrible things that make the news are newsworthy, and they are newsworthy because they are rare, and so the odds of you dying in a terrorist attack,…

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Tags: business standards, cdos, Derivatives, Goldman Sachs

]]> http://dealbreaker.com/2013/05/from-now-on-goldman-will-only-sell-a-product-to-clients-if-some-goldman-partners-understand-it/feed/ 0 Caption Contest Friday: Henry Kravis Well Aware That If You Want Something Done Right, You’ve Got To Do It Yourself http://dealbreaker.com/2013/05/henry-kravis-well-aware-that-if-you-want-something-done-right-youve-got-to-do-it-yourself/ http://dealbreaker.com/2013/05/henry-kravis-well-aware-that-if-you-want-something-done-right-youve-got-to-do-it-yourself/#comments Fri, 24 May 2013 17:51:37 +0000 Bess Levin http://dealbreaker.com/?p=104007 henrykravischipotle

Henry Kravis patiently waiting for some Chipotle in midtown this afternoon. It appears that someone has had it with assistants who apparently need “half black, half pinto” tattooed to their wrist.

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Tags: caption contests, Chipotle, everything about this is amazing, Henry Kravis, KKR

]]> http://dealbreaker.com/2013/05/henry-kravis-well-aware-that-if-you-want-something-done-right-youve-got-to-do-it-yourself/feed/ 57 Immortalizing Brian Hunter http://dealbreaker.com/2013/05/immortalizing-brian-hunter/ http://dealbreaker.com/2013/05/immortalizing-brian-hunter/#comments Fri, 24 May 2013 16:51:35 +0000 Jon Shazar http://dealbreaker.com/?p=104000 It’s been six-and-a-half long years since Brian Hunter single-handedly destroyed a happy little “multi-strategy” hedge fund called Amaranth Advisors. Or did he? Well, yea, with an assist from deregulation, the juvenile trading culture and some oversight that left a few things to be desired, according to the book we can now all turn to when…

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Tags: Amaranth Advisors, books, Brian Hunter, I'm going to want to destroy five guys

]]> http://dealbreaker.com/2013/05/immortalizing-brian-hunter/feed/ 4 5 Red Flags When Choosing a Financial Planner http://dealbreaker.com/2013/05/5-red-flags-when-choosing-a-financial-planner-2/ http://dealbreaker.com/2013/05/5-red-flags-when-choosing-a-financial-planner-2/#comments Fri, 24 May 2013 14:00:29 +0000 Winnie Liu http://dealbreaker.com/?p=103910 You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that…

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Tags: LearnVest, this is an ad

]]> http://dealbreaker.com/2013/05/5-red-flags-when-choosing-a-financial-planner-2/feed/ 0 Opening Bell: 05.24.13 http://dealbreaker.com/2013/05/opening-bell-05-24-13/ http://dealbreaker.com/2013/05/opening-bell-05-24-13/#comments Fri, 24 May 2013 12:11:29 +0000 Dealbreaker http://dealbreaker.com/?p=103991 tgifridays

In Bid for Clarity, Fed Delivers Opacity (WSJ) As the Fed has tried to explain its thinking, investors have sometimes been caught scratching their heads. Wednesday’s stock-market moves put that dynamic into sharp relief. Stock prices soared in the morning when Mr. Bernanke initially sounded reluctant to start reducing the size of the monthly bond…

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]]> http://dealbreaker.com/2013/05/opening-bell-05-24-13/feed/ 51 Write-Offs: 05.23.13 http://dealbreaker.com/2013/05/write-offs-05-23-13/ http://dealbreaker.com/2013/05/write-offs-05-23-13/#comments Thu, 23 May 2013 21:46:31 +0000 Dealbreaker http://dealbreaker.com/?p=103982 $$$ Three SAC Executives Received Subpoenas in Probe [WSJ] $$$ Sequester Means $1 Billion More Of Cocaine Floods Into US: Coast Guard [Breaking Defense] $$$ Icahn seeks up to $7 billion for Dell bid [Reuters] $$$ Before Dom Starsia talks about national titles, he unfolds a two-foot-wide spreadsheet that gives University of Virginia recruits a…

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]]> http://dealbreaker.com/2013/05/write-offs-05-23-13/feed/ 1 Bob Diamond Eases Back Into Things http://dealbreaker.com/2013/05/bob-diamond-eases-back-into-things/ http://dealbreaker.com/2013/05/bob-diamond-eases-back-into-things/#comments Thu, 23 May 2013 20:49:44 +0000 Jon Shazar http://dealbreaker.com/?p=103962 With all the money he’s saving on London hotel rooms and taxi fares and donations to his alma mater, Bob Diamond is going back into business with some old friends. Robert Diamond, who stepped down as head of Barclays Plc last year amid a rate-rigging scandal, is considering backing a firm started by former executives…

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Tags: Barclays, Barclays Global Investors, Bob Diamond, Incapture, last refuge of scoundrels, people who left Barclays before the shit hit the fan

]]> http://dealbreaker.com/2013/05/bob-diamond-eases-back-into-things/feed/ 5 Paul Tudor Jones Has Theory On Women Traders, Strangely Graphic Description Of Breastfeeding To Share http://dealbreaker.com/2013/05/paul-tudor-jones-has-theory-on-women-traders-strangely-graphic-description-of-breastfeeding-to-share/ http://dealbreaker.com/2013/05/paul-tudor-jones-has-theory-on-women-traders-strangely-graphic-description-of-breastfeeding-to-share/#comments Thu, 23 May 2013 20:11:11 +0000 Bess Levin http://dealbreaker.com/?p=103976 ptj_2

“You will never see as many great women investors or traders as men. Period. End of story. And the reason why is not because they’re not capable. They’re very capable. Like, one of my No. 1 rules as an investor is as soon as my manager, if I find out that manager is going through…

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Tags: bosoms, lady traders, Paul Tudor Jones, so that's something, Tudor Investment Corp

]]> http://dealbreaker.com/2013/05/paul-tudor-jones-has-theory-on-women-traders-strangely-graphic-description-of-breastfeeding-to-share/feed/ 23 Anshu Jain’s Rosetta Stone Tapes Are PAYING OFF http://dealbreaker.com/2013/05/anshu-jains-rosetta-stone-tapes-are-paying-off/ http://dealbreaker.com/2013/05/anshu-jains-rosetta-stone-tapes-are-paying-off/#comments Thu, 23 May 2013 18:13:07 +0000 Bess Levin http://dealbreaker.com/?p=103969 anshujainstory

“Sehr geehrte Damen und Herren, liebe Aktionäre” [Ladies and gentlemen, dear shareholders]. “Herzlich willkommen zur Hauptversammlung der Deutschen Bank” [A warm welcome to Deutsche Bank's annual general meeting]. Deutsche Bank’s co-chief executive, Anshu Jain, Thursday awed shareholders by giving a two-page introductory speech at the bank’s annual shareholders meeting in…German. It was the moment some…

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Tags: Anshu Jain, Deutsche Bank, Germans

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