comebacks

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 push his product. No, people said– he was finished. Forward his non-existent calls to the couch, where you’d be able to find him on any given morning, eating cereal out of a punch bowl and shouting “Oh shit! Paternity tests don’t lie!” along with the Maury audience before his pre-afternoon nap. How could he possibly find gainful employment again, after all that’d happened, people asked before answering that no, it was impossible. At the time, we cautioned not to underestimate the fire inside JSC, who has never let setbacks define him and who would likely soon demonstrate his conviction in the saying tattooed on his ass- “Each time a door closes, a bigger, more fucking awesome one opens.” Assuming he can cover the rent, that door has come. Continue reading »

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 abandon Wall Street (which he says is populated with “blood thirsty people who are looking to take your legs out from under you,”) selling his company and starting fresh with WMX Group, which has four companies and counting under its umbrella, one of which Tommy-boy describes as “the Berkshire Hathaway of professional sports.” Continue reading »

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 been consistently of the kick-ass variety. Still, it’s nice to see Jiang’s efforts recognized. Having said that, it’s not enough. That’s why today we want to present Ping with an award that reflects what he’s had to do to get to this place. Continue reading »