always with the three names

  • lucarelli

    News

    Investor Relations Exec Reading Statement At Sentencing For Insider Trading Or Insane Person At A Bar Telling His Life’s Story? You Make The Call

    Earlier today, a man was given a platform to make some brief remarks and ended up telling a rambling story that surprised onlookers with its non-sequiturs, bizarre details, and, at times, volume. Was he doing so during a hearing in federal court or at a bar in downtown Manhattan (let’s just call it The Patriot)? […]

    / Jan 21, 2015 at 4:14 PM
  • Just the tip of the iceberg re: what he could score you.

    News

    Schwab Broker Was One Stop Shop For (Stolen) Office Supplies, Oxycodone

    Time was, anyone in need of both prescription pain killers and a top of the line inkjet printer needn’t look any further than the 24-hour convenience store that was Jeffrey Brian Grove, of the Melbourne, Florida Charles Schwab office. JBG had everything you could possibly need and if he didn’t, he’d simply log into Schwab’s […]

    / Nov 19, 2014 at 4:24 PM
  • What makeover show in hell?

    News

    Banker Who Faked His Own Death Fielding Hedge Fund Jobs Offers Left And Right, Says Banker Who Faked His Own Death

    Remember Aubrey Lee Price? Georgian banker who screwed investors out of millions, faked his own death, was on the lam for about 18 months, during which time he set up a grow house in Florida and transformed his look from southern banker to the love child of James Lipton and Dave Navarro? Got caught when […]

    / Oct 29, 2014 at 2:35 PM
  • Frank Perkins Hixon Jr

    News

    Ex-Evercore Director Who Insider Traded On Baby Mama’s Behalf Reports To Prison

    Frank Perkins Hixon Jr, who violated securities laws in the name of love (or something), has begun his sentence.

    / Oct 7, 2014 at 12:18 PM
  • michael dupre lucarelli

    News

    Investor Relations Exec Charged With Insider Trading Opts For Business Extremely Casual At Court Appearance

    Allegations of securities fraud are apparently no reason to slip out of one’s tank top, according to Michael Dupre Lucarelli, seen at left leaving federal court yesterday.

    / Aug 27, 2014 at 2:58 PM
  • Frank Hixon Perkins Jr.

    News

    Ex-Banker Who Insider Traded On Baby Mama’s Behalf Gets 30 Months

    Remember Frank Perkins Hixon Jr? Former Evercore managing director charged with securities fraud (and lying to the FBI!) after he opened up brokerage accounts in his ex-mistress’s and father’s names and then did a little insider trading in them to the tune of $700,000 in ill-gotten gains? Told a judge that he did it in […]

    / Aug 4, 2014 at 11:21 AM
  • Screen Shot 2014-07-22 at 12.43.07 PM

    News

    Ex-Evercore Banker Has Airtight-ish Excuse For Insider Trading In Baby Mama’s Account

    In court today, where he pleaded guilty, Frank Perkins Hixon Jr. laid out his thinking: This wasn’t about avarice, it was about love All he was trying to do was set up a nest egg for the woman with whom he had a two year affair, and their love child But because his lady friend […]

    / Jul 21, 2014 at 5:35 PM
  • ceiling tile / hedge fund HQ

    News

    Indicted Hedge Fund Manager Wasn’t Going To Let A Little Wire Fraud, Money Laundering, Identity Theft Charges Keep Him From Doing What He Loves

    He just had to get a little creative is all. A lot of people say that trading is their passion but when push comes to shove they’d give it up in a second if A) they lost their Bloomberg terminal and B) a judge ordered them to do so. Neither of these things were going […]

    / Apr 14, 2014 at 2:16 PM
  • frankperkinshixonjr

    News

    Ex-Evercore Director Who Insider Traded In Accounts Set Up Under Baby Mama’s, Dad’s Names Make Get Opportunity To Think About What He’s Done

    Remember Frank Perkins Hixon Jr.? Made something of a name for himself when he became the first Evercore employee in history to be accused of insider trading, which he apparently did in part to raise funds to support the child he had with Destiny Wind Robinson? He may be going away for a while. Also, […]

    / Apr 3, 2014 at 9:30 AM
  • Barclays headquarters in Canary Wharf

    News

    Bonus Watch ’14: Barclays Senior Staff

    Dealbook reports that, like the rest of the firm, Barclays top executives did pretty well for themselves this bonus season, despite the bank doing not so well re: earnings. As previously mentioned, Chief Executive Antony Jenkins found himself between a rock and a bunch of employees who said they would quit if they weren’t made […]

    / Mar 18, 2014 at 4:17 PM
  • evercore

    News

    Executing Insider Trades In An Account Set Up Under Baby Mama’s Name Not The Fool-Proof Plan Ex-Evercore Director Thought It’d Be

    From 2010 to 2014, when he was working in Evercore’s mining and metals group, Frank Perkins Hixon Jr. occasionally found himself on the receiving end of material non-public information. Sometimes it was about forthcoming acquisitions. Sometimes it was about his own company’s earnings. In both cases, FPH Jr. knew he could sweeten things for himself […]

    / Feb 21, 2014 at 2:47 PM
  • aubreyleeprice

    News

    Banker Who Faked His Own Death Thought Of Nearly Everything

    Except: Looking up laws regarding tinted windows Coming up with a better disguise than James Lipton Meets Dave Navarro Straying a bit further than two hours from his house, or to a place where local cops wouldn’t be able to recognize him, even with the aforementioned disguise

    / Jan 2, 2014 at 1:01 PM
  • muffiepotteraston

    News

    Area Socialites Having None Of This Bill de Blasio Guy

    At a gathering on Monday night at 740 Park Avenue in Manhattan for Diana Taylor, the girlfriend of New York City Mayor Michael Bloomberg, some of New York’s wealthiest considered a future without the billionaire in charge. There was considerable alarm about Bill de Blasio’s lead in the polls, along with his plan to raise […]

    / Oct 9, 2013 at 3:28 PM
  • fredrick-d-scott

    Starbucks

    Noted White Shoe Law Firm Happy To Represent $3.7 Billion Hedge Fund, Less Interested In Defending Alleged Crook With Overdrawn Bank Account

    Yesterday afternoon, federal prosecutors charged Fredrick Douglas Scott, the self-described “youngest African-American hedge fund founder in history,” with engaging “in a wire fraud conspiracy to steal hundreds of thousands of dollars from investors1,” which he used to buy Caramel Macchiatos, stay in hotels with views of the Holland Tunnel, and bail his friends out of […]

    / Jun 5, 2013 at 4:12 PM
  • donatoanthonyminicozzi

    News

    Former Bears Stearns Employee Victim Of Harassment By Pizza

    If you were going to try and extort money Bear Stears alum, how would you do it? Would you call him at his new job and talk trash about his wife? Would you call his house and tell his wife he was running around on her with another woman? Would you call his mother-in-law in New Jersey and breathe heavily into the phone? Or would you bring out the big guns and start sending pizzas, sometimes 20 at a time, to his home in New Canaan, as a sign you really meant business? Donato Anthony Minicozzi chose all of the above.

    / Jan 31, 2013 at 4:55 PM
  • rhiannonnoellstefanick

    News

    Attention Connecticut Residents: Watch Out For Tire Irons To The Face

    Among the many reasons typically cited by hedge fund managers who choose to run their business out of Connecticut instead of New York are: 1. The room to stretch their shit out 2. Proximity to the Long Island Sound 3. Convenience for those already living in the area. Some probably also believe that the Fairfield County is slightly safer than New York City. That you’re not going to get jumped walking out of the office or beaten with a tire iron because you messed with someone’s man or woman. OR WILL YOU?

    / Jan 31, 2013 at 2:48 PM
  • nassimnicholastaleb

    News

    Nassim Nicholas Taleb Became The Chiseled Adonis You See Before You Through A Strict Regimen Of Picking Up Rocks And Lying In Bed For Two Years

    Have you ever gazed upon classical Greek philosopher Nassim Nicholas Taleb and thought to yourself, “That man has a body from the gods. I could never hope to match him in brains, but what about brawn? If only I could obtain the details of his diet and fitness regimen”? Well, friends, today is your lucky day. Despite still being on his second tour of self-imposed quiet time, Taleb granted several interviews to publications reviewing his new book, “Antifragile: Things That Gain From Disorder,” and, naturally, the topic of his physique came up, specifically the various ways he keeps it in such enviable shape. (He also touches on the exercises that led to him having a brain three times the size of the typical astrophysicist, though please note that these should be appreciated but not be attempted by average humans, who could hurt themselves quite badly.)

    / Nov 19, 2012 at 5:18 PM
  • News

    Guy Who Was Fired By Goldman Sachs For Amassing “Inappropriately Large” Position Welcomed With Open Arms At Morgan Stanley

    Back in December 2007, things weren’t going so well for Matthew Marshall Taylor. He’d just been fired from Goldman Sachs and not only was he out of a job, but his prospects for finding a new one didn’t look so hot, on account of the fact that Goldman planned to put a note in his file detailing the reason he’d been let go– “for building an ‘inappropriately large’ proprietary trading position”– and it seemed unlikely anyone at the firm would be open to serving as a reference for him moving forward.  Three months later, however, one bank told MMT that there was room for him at their inn. Morgan Stanley, apparently having decided the incident at Goldman was but an asterisk in what would be a long and fruitful career, told Taylor to come on down, employing him for over four years until he left in July of his own accord and not because of any legal issues relating to his work at Goldman Sachs.

    Taylor was accused yesterday by the U.S. Commodity Futures Trading Commission of concealing an $8.3 billion position in 2007 that caused Goldman Sachs to lose $118 million. Goldman Sachs fired Taylor in December 2007 and cited “alleged conduct related to inappropriately large proprietary futures positions in a firm trading account,” in a so-called U-5 form, according to a Financial Industry Regulatory Authority document. Morgan Stanley, which had employed Taylor before he joined Goldman in 2005, re-hired him in March 2008, according to the records.

    Taylor, who handled client-related equity derivative trading at Morgan Stanley, left the firm in July, according to Mark Lake, a company spokesman in New York. His departure wasn’t related to the CFTC complaint filed against Taylor yesterday in federal court, according to a person familiar with the situation, who requested anonymity because the information is private. Taylor concealed the position by bypassing the firm’s internal system for routing trades to the Chicago Mercantile Exchange and manually entering fabricated futures trades in a different internal system, according to the complaint. Goldman Sachs, which wasn’t identified in the CFTC lawsuit, said Taylor allegedly made the trades while employed at the firm.

    Anyway, since MMT is a free agent at the moment, if any other banks would like to overlook the blip, please do get in touch directly. Citi, BofA? At least just think about it. He was good enough for Morgan Stanley, he should be good enough for you.

    Morgan Stanley Hired Goldman Trader Accused Of Hiding Position [Bloomberg]
    CFTC Charges Matthew Marshall Taylor with Fraud for Fabricating and Concealing Trades from His Employer and Obstructing Their Discovery [CFTC]

    / Nov 9, 2012 at 3:22 PM
  • News

    UBS Broker May Have Taken Stress Of The Job Out On 70 Windows In Beverly Hills, Encino Using “Slingshot Projectiles”

    This is his story.

    The unlikely suspect in a string of window breakings in Beverly Hills — a 58-year-old Encino investment adviser — may be connected to 70 additional cases in the area, authorities said. Michael Steven Poret, a broker at UBS Financial Services, was arrested in Encino last week. Police say that Poret vandalized numerous businesses along Ventura Boulevard and several private homes in Beverly Hills. A witness account and private surveillance footage have depicted the vandal as a graying man in white gloves firing marbles at plate glass windows with a slingshot from the driver’s seat of his car, then driving away in no apparent hurry. Authorities believe that Poret could be connected to more than 20 vandalism incidents in Beverly Hills and more than 50 in Encino, as well as several other vandalism reports authorities have received in Van Nuys and Topanga Canyon.

    The vandal appears to target businesses indiscriminately, hitting coffee shops, an autism treatment center and a salon. Luie Velasquez, a detective with the West Valley division of the Los Angeles Police Department, said the police’s top theory is that the suspect sought excitement. “Your guess is as good as mine,” Velasquez said. “For whatever reason, these individuals get some sort of thrill from smashing windows.” Poret was first arrested July 3 after a Beverly Hills patrol officer spotted a slingshot in his vehicle during a traffic stop for a vehicle code violation. A search of his vehicle revealed brass knuckles, knives and slingshot projectiles. Poret was arrested again Thursday in an early morning raid on his Encino home, where police discovered firearms, bb guns, slingshots and marbles similar to those used in the window-breakings.

    A very understanding victim whose windows were hit three times and cost him $7,000 to repair had this to say: “I mean, I know that an investment bankers* are a little nuts. But you know, maybe the market is that bad. I don’t get that. He must be a very frustrated guy.”

    Alleged window-smashing broker may be suspect in 70 more cases [LATimes via TRB]

    *All together now: broker ≠ investment banker ≠ trader ≠ bank teller

    / Jul 18, 2012 at 2:13 PM
  • News

    Fake Stock-Picking Robot Threatens To Ruin Things For All The Legit Stock-Picking Robots Out There

    Imagine, if you will, that you are a stock-picking robot. You’ve put in the time, come up through the trenches, and have finally started to garner the respect you deserve. Investors are flocking to your fund, begging to put in as much money as you’ll let them. People were wary at first, not sure what to make of your style, but you’ve finally proved to them you’re the real deal. Life is good. Then some two-bit hacks come along and threaten to destroy everything you’ve worked for, sullying the reputation of legitimate stock-picking robots with the one they used as a front for their scam.

    Starting at the age of sixteen, the defendants, twin brothers Alexander John Hunter and Thomas Edward Hunter, developed an elaborate scheme to manipulate the prices of penny stocks at the expense of unwitting investors. The Hunters concocted and hyped the tale of a “stock picking robot” named “Marl” that they claimed could identify penny stocks that were poised to appreciate sharply in value. In their email newsletters and websites (doublingstocks.com and daytradingrobot.com), the defendants represented that the “robot” was a highly sophisticated computer trading program and the product of extensive research and development. The defendants’ story was persuasive. Approximately 75,000 investors, the vast majority of whom lived in the United States, paid at least $1,200,000 for annual subscriptions to the Doubling Stocks newsletter and copies of the robot software. In reality, the “stock picking robot” was a work of fiction.

    Did “Marl” come up with brilliant investment ideas based on painstaking research, meetings with management, and complex analysis? No, in fact he did not.

    Defendant Alexander John Hunter, in seeking bids to create the software in 2007, described the requirements for the software to freelance software coders as follows: Need a small software program which will appear to the user that once running it is analyzing thousands of penny stocks. Every so often, the software will find a stock, and a message will appear from the system tray, and on the program showing the ticker symbol. IMPORTANT: This software does not actually find stocks at all. It should connect to my database and simply request any new stocks I have put in. Basically this is almost a “fake” piece of software and needs to simply appear advanced to the user…

    To say nothing of the fact that his purported credentials were bold-faced lies.

    On their doublingstocks.com website, the defendants referred to the stock-picking robot as “Marl”, combining the first names of its purported inventors, Michael Cohen (“Cohen”) and Carl Williamson. On doublingstocks.com, the defendants claimed that Michael Cohen “developed the famous ‘Global Alpha’ computer stock trading model” as a contractor for the Goldman Sachs Group, Inc. (“Goldman Sachs”). The Global Alpha program, the defendants claimed, in “most years is responsible for $4,000,000,000+ Annual Trading Profit.” The defendants’ representations about “Michael Cohen” were false. No such employee or contractor worked in that capacity at Goldman Sachs.

    SEC Charges British Twin Brothers Touting “Stock Picking Robot” in Internet Pump-and-Dump Scheme [SEC]
    SEC v. Hunter Brothers [SEC]

    / Apr 20, 2012 at 1:19 PM
  • News

    Financial Services Employee Who Inserted His DNA Into A Colleague’s Water Bottle Ordered To Pay $13,500 Per Shot

    It probably wouldn’t be too out of bounds to say that at least a handful of you have considered jerking off in a coworker’s water bottle. Conservatively. As prudent risk managers however, you’ve held off until you could quantify how much non-reward you would be getting with each unit of risk. Finally, and not a […]

    / Aug 9, 2011 at 10:17 AM
  • News

    Financial Services Employee Who Inserted His DNA Into A Co-Workers Water Bottle Gets Jail Time

    If you’ve been wondering lately whether or not you’d actually go to jail for putting semen- your own or otherwise- into the water bottle of an unsuspecting coworker, but felt weird about asking and didn’t want to arouse suspicion, wonder no longer. Remember Michael Kevin Lallana? Name not ringing a bell? Okay try this: remember […]

    / Apr 26, 2011 at 10:28 AM
  • News

    Wachovia Employee Admits To Convincing Clients To Put $14.1 Million In Wealth Management Fund Bank Didn’t Actually Offer

    Like most people who do these sorts of things, Linda Speaks Tribby had a good excuse, which is that she needed the money to buy a helicopter and a motor home, two purchases that seem slightly at odds but the heart wants what it wants.

    / Mar 4, 2011 at 3:31 PM
  • News

    Financial Services Employee Explains Why He Inserted His DNA Into A Colleague’s Water Bottle

    Remember Michael Kevin Lallana? Name not ringing a bell? Okay try this: remember the Northwestern Mutual Investment Services employee who last January allegedly somehow got his jizz in a bottle, left it on a colleague’s desk where she drank it, got sick, and threw it out? And then a couple months later, allegedly released more […]

    / Feb 25, 2011 at 12:31 PM
  • News

    Financial Services Employee Who Didn’t Know There Were Rules Against Putting Your DNA In A Co-Worker’s Water Bottle Pleads Not Guilty

    Remember Michael Kevin Lallana? Name not ringing a bell? Okay try this: remember the Northwestern Mutual Investment Services employee who in January allegedly somehow got his jizz in a bottle, left it on a colleague’s desk where she drank it, got sick, and threw it out? And then a couple months later, allegedly released more […]

    / Sep 14, 2010 at 4:58 PM
  • MBAs, News

    Financial Services Rep Not Aware Putting His DNA In Co-Worker’s Water Was Something His Office Frowned Upon

    These days, if you work on Wall Street and want to let people know that underneath that button down shirt and black pants beats the heart of an absolute freak, you’ve got to step up your game. If you’re going to get your name out there, it’s not enough to simply sexually assault a female […]

    / Aug 18, 2010 at 9:30 AM

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