conference calls

  • Write-Offs

    Write-Offs: 11.29.12

    $$$ Boehner Urges Obama to ‘Get Serious’ About Cliff Talks [Bloomberg] $$$ SAC’s assets increased despite indictment [AR] $$$ SAC Capital holds call with employees, says essentially the same thing it said to investors yesterday [CNBC, earlier] $$$ Savers’ lament: The complex effects of low interest rates on consumption and investment [Economist] $$$ Record Corporate […]

    / Nov 29, 2012 at 6:57 PM
  • saccapitalfleece


    Things Could Be A LOT Better At SAC Capital Right Now

    Back in October, we detailed a list of things that, if you are the hedge fund manager who goes by the name Steven A. Cohen, you really don’t want to hear first thing in the morning. They included: “The fleeces are on back order”; “Your ex-wife is in the lobby”; “There’s a photographer here who said he’s been authorized to shoot you wearing a king’s robe and crown for a set of playing cards”; “You’ve been outmaneuvered for the Toledo Mud Hens. But I hear the Binghamton Mets may be available.” Today we must update that list to include another thing, perhaps THE thing,* that people delivering news to Cohen don’t want to relay. Paraphrasing but any variants on: “Mr. Cohen, we’ve received a Wells notice and by the way, they’re considering naming you personally.”

    / Nov 28, 2012 at 11:49 AM
  • saccapitalfleece


    SAC Capital Invites Investors To Gather ‘Round For A Chat

    SAC Capital Advisors LP, the $14 billion hedge fund run by Steven A. Cohen, plans to hold a conference call with clients tomorrow, according to an investor who asked not to be named because the information is private. SAC executives have reached out to the firm’s largest investors to calm concern about Cohen’s trading in […]

    / Nov 27, 2012 at 12:22 PM
  • News

    Listen To Steve Eisman Tell Genworth Financial He’s Gonna Bring The Thunder

    Earlier today we mentioned that FrontPoint Partners’ Steve Eisman has just about had it with Genworth Financial and told them as much on a conference call this morning in which he threatened to wage a proxy battle on their asses and throw management “out of here.” A clip has now been posted and the audio […]

    / Oct 29, 2010 at 3:51 PM

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