comebacks

  • Dov Charney

  • crumbscupcakechallenge

    News

    Purveyor Of Cake Sized Cupcakes Back For All Your Eating Challenge Wants And Needs

    Been itching to get back into the Food Eating Challenge game but unsuccessful in finding one that combines your love of competition and hyperglycemia? Today’s your lucky day. Crumbs Cupcakes is back and not only will it be offering its cupcake the size of 9 Costco-sized sheet cakes, but even more ticking time bombs of […]

    / Aug 26, 2014 at 5:28 PM
  • Steve-Cohen

    News

    Steve Cohen Betting On Steve Cohen

    Now, people close to Cohen say he has quietly and methodically launched a multi-pronged effort to eventually make his full return to the hedge fund business, even if many legal experts say the odds are low that he will prevail. “I would say Steven Cohen’s chances are about as good as Michael Milken’s would be” […]

    / Aug 21, 2014 at 3:58 PM
  • vikrampandit

    News

    You Haven’t Seen The Last Of Vikram Pandit

    Perhaps, you thought, that the day Vikram Pandit was abruptly and unceremoniously fired from Citigroup was the end. That we’d lost him for good. That he’d retreat to the his Upper West Side manse and spend his days beefing up his Odd Couple memorabilia collection, or work on that novel about a love that dare not speak its name between a bank CEO and the analyst who only acted like she hated him, or build that Zen garden he’d always wanted that the fucks at Citi never let him have. That he was finished with Wall Street. Well fret not. Uncle Vik wouldn’t never do that to you.

    / Feb 8, 2013 at 4:08 PM
  • ken-lewis

    News

    Ken Lewis Is A Movie Producer Now*

    If it feels like it’s been forever since we’ve heard from Ken Lewis it’s because it has. Following his retirement in 2009, the former Bank of America CEO went underground to do some soul-searching. To figure out what made Kenneth D. Lewis tick. Did he want to want to be a CEO of another company? Did he want to get involved in another industry entirely? Did he want to grow a beard again? Did he want to be a shepherd? These are the questions that needed answers and today, finally, we’ve got some. No word on the beard but it appears that for now, Lewis is staying away from Wall Street and pursuing another passion: the movie business.

    / Jan 23, 2013 at 5:24 PM
  • robertbenmoscheaig

    Take a bow

    Robert Benmosche: We Showed This World A Thing Or Two

    “Dear Colleagues,” Robert Benmosche wrote in a memo to AIG employees today. “We come together as a company to celebrate in good times and we draw together in times of shared crisis. Today warrants a celebration like no other in AIG’s history and places well in the past a crisis none of us will ever […]

    / Dec 11, 2012 at 11:06 AM
  • News

    Vikram Pandit To Get Back In The Hedge Fund Saddle Again, At Some Point

    Just a question of which hedge fund he’ll be riding– his own or his former Old Lane colleague’s.

    The buzz on Wall Street is that ousted Citigroup CEO Vikram Pandit will return to the hedge-fund world. UK hedge fund Portman Square Capital declined to comment on chatter that its founder, Sutesh Sharma, is eager to nab Pandit for his new firm. Sharma, a former money manager at Pandit’s now defunct Old Lane hedge fund, launched Portman this year with $500 million…Pandit is viewed by the hedge fund community as a rainmaker due to his ties to deep-pocketed investors. “I wouldn’t be surprised if he felt the timing was right to join an existing fund . . . or start his own fund,” said Robert Olman of hedge-fund search firm Alpha Search Advisory Partners.

    Thinking ahead, how much do we predict Citi will pay to acquire Portman Square (or Pandit Partners) in order to lure Big Vik back, which is kind their thing? Last time around it was $800 million so they’ll probably have to offer at least $2bn.

    Pandit Packing For London Hedges [NYP via FINalternatives]

    / Oct 22, 2012 at 5:54 PM
  • News

    John Thain Is Ready For His Next Challenge

    After he was unceremoniously fired from his post at the newly formed Bank of America Merrill Lynch, for reasons that included paying out big bonuses to ML executives and decorating his office with $1,500 garbage cans, John Thain understood that he would have to recede from the limelight for a bit. Take a job at a smaller firm and keep his head down for a while. Spend more time with his honeybees. Get back to his fighting weight. Drink a raw egg for breakfast every day. Run up and down the stairs of the Met. Work in a hideously decorated space, no matter how much it hurt.  Win some awards. Get his confidence back. Let people miss him. Well, Thain did all that. And now? He’s ready for you to make him an offer.

    Thain, currently the CEO of a small lending outfit called CIT Group, has been quietly shopping the firm to a larger player with the goal of selling possibly to a big bank and emerging as a candidate to run the bigger company, according to investment bankers with direct knowledge of the matter. Bankers say Thain began putting out feelers to sell CIT after the firm failed in its bid to purchase ING Direct earlier in the year. “They’ve been shopping themselves off and on because they have virtually no deposit base and thus no low-cost source of funds to run their business,” said one banker at a major firm with knowledge of CIT’s activities. “Thain may also be putting out feelers, trying to get a drumbeat going. Who knows, but it’s certain he’s up to something.”

    Anyone want to give him a big boy bank (or something) to run?

    Read more: http://www.foxbusiness.com/business-leaders/2012/09/24/thain-shopping-cit-group-around/#ixzz27QKGqqhE

    Looking For A Comeback, John Thain Shops CIT [FBN]

    / Sep 24, 2012 at 5:11 PM
  • Hedge Funds

    Who Wants To Help Jon Corzine Launch A Hedge Fund?

    According to Dealbook, the big guy is merely “weighing” whether or not he wants to start one but it seems more than a little obvious this thing is happening. He’s got the office space, the passion, and the tattoo on his ass that reads “Each time a door closes, a bigger, more fucking awesome one […]

    / Aug 16, 2012 at 11:49 AM
  • News

    Perk Number One Of Scott Thompson’s New Gig Is Working For A Private Company Not Subject To Whims Of Activist Hedge Fund Managers

    The year 2012 has been an eventful and unpleasant one for Scott Thompson. In January he left his post as head of Ebay’s PayPal unit to become the new chief executive officer of Yahoo!. In May activist shareholders revealed that an entry on his résumé claiming that he had a bachelor’s degree in computer science […]

    / Jul 23, 2012 at 12:48 PM
  • News

    Jon Corzine Isn’t Finished Here

    Back in November, shortly after MF Global filed for bankruptcy, many suggested that even if he changed his name and underwent an appearance-altering makeover that included shaving the beard, it would be unlikely that Jon Corzine would ever work again, whether on Wall Street or as a traveling vacuum salesman going door to door to […]

    / Jan 9, 2012 at 10:47 AM
  • News

    Guy Accused Of Sending Employee Clips Featuring Him Getting Romantic With Himself Modeling New Company After Berkshire Hathaway

    Last May, we met Thomas Guerriero. At the time, the Guerreiro Wealth Holdings founder had just been accused by an underline of sending her videos of himself masturbating, texts about stuff he wanted to do to her (rife with grammatical errors), groping her, and leaving lewd Post-Its at her desk. Since then Guerreiro decided to […]

    / Jun 27, 2011 at 3:53 PM
  • News

    Let’s Take A Moment To Celebrate Ping Jiang

    If you’ve checked out Bloomberg‘s “richest hedge funds” story today, you may have noticed a sidebar of the “top emerging-market hedge funds.” Number one on that list? Mr. Ping Jiang, founder of Ping Capital Management. Dealbreaker readers will not be surprised; we’ve been exclusively tracking the performance of Jiang all year and the returns have […]

    / Jan 6, 2011 at 12:27 PM
  • News

    Comebacks: Rich Marin, Bear Stearns Asset Management

    Not all bad news out of Bear Stearns University! BusinessWeek‘s Matthew Goldstein reports that BSC alum Richard Marin’s got a new job. Marin, the former chairman of BS Asset Mangement, recently unleashed Pointwalk Solutions Network on the world.

    / Jul 2, 2008 at 9:21 AM

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