Let peripheral bond investors shudder. The fate of the European bailout mechanism depends on unanimous approval by member states. The Finns have proven balky. Europe’s fate may rest in the hands of Finland’s political leadership. It’s good to see that the finance minister is so…transparent. This is not technically NSFW; but quite possibly not safe for your sanity. Continue reading »
fishnets
Reuters reports that Raj Rajaratnam’s gal-pal will plead guilty to her part in the Galleon insider trading case this afternoon, though it’s unclear exactly what counts she’ll be copping to, and if she’ll sell Raj down the river. Also hotly anticipated- what DC will wear to the appearance. When we first laid eyes on the analyst as she was being escorted by the cops out of her building over a year ago, Chiesi was sporting wet hair and an oversized sweater; some made comparisons to Bridget Nielsen’s look, circa the Flava Flav relationship. Then, months later, she showed up at a courthouse looking like this. Continue reading »
Bob Moffat Will Drown The Next Person Who Tries To Suggest His Relationship With Danielle Chiesi Was Just About Sex
By Bess Levin
SO. MUCH. CLARITY.
Drown them in his tears, that is. (For those of you keeping up at home the answer is yes, this is the second time on record the former IBM exec has cried in public re: Chiesi, the fishnet-wearing analyst he traded all kinds of tips with if you’re picking up what I’m throwing down and I think you are.)
In an interview with Fortune, Moffat came across as emotional, repentant, and chastened. He wept describing the embarrassment he’d brought upon IBM, his colleagues, and family. While he showed little self-pity, he rebuffed the notion that he hadn’t paid a price for his crimes, noting that by leaving IBM he was giving up an estimated $65 million in lost stock options and pension that he would have collected when he retired at 60. “The biggest thing I’ve lost,” he said, “is my reputation.” Moffat was not allowed by his lawyer to discuss his case or his relationship with Chiesi, but when told that Fortune intended to write about the affair, he said this: “Everyone wants to make this about sex. Danielle had an extensive network of business people. And she added clarity about what was going on in the business world…I know in my heart what this relationship was about: clarity in the business environment.”
Oh, god, and there’s also this: Continue reading »
You know who it sucks to be right now, just a little bit? Me, because our servers are momentarily fucked 6 (thousand) ways ’til Sunday, 1 out of every 789 attempts at publishing is successful (like this one, if you’re reading it!), and most people can’t get on the site anyway. You know who else has also seen better days? Mark and Andy Madoff, who recently signed agreements with Irving Picard, the trustee overseeing the liquidation of Bernie “Known In M&A’s Houses As ‘You’re Not Our Real Dad!’” Madoff’s estate. The agreements require the spawn of Berns to, among other things, have their personal assets frozen, not rack up debt of more than $1,000, and submit monthly expense reports wherein the fish fetishists will be copping to spending 5 large apiece on top of the line fishing vests that promise to make your dick look huge (“in the event you get the opportunity to drop trou out there“) and you don’t even want to know how much on bespoke restraints that’ll fit most bass. Other people singing It Sucks To Be Me today include John Paulson and Citi (nothing happened just, you know, in gen). So I’m going to mosey on out of here circa right now. Things will be better on Monday, and if they’re not, for a nominal fee I’ll come to your offices and perform my posts live, sock puppets included. Actually, I might do that regardless.
Update: Surely it’s no coincidence that somehow I’m able to get in to spread the word that Lloyd Blankfein will be taking a mere $9 million bonus (no cash) this year, and likely donating all the shares to a fund set up for curing feline AIDS.
Ever since Galleon Group founder Raj Rajaratnam went down for insider trading, and one of his biggest accomplices, Danielle Chiesi went down with him, we’ve been using the picture at left of the latter (one of the few available). And every single time we’ve done so, we’ve immediately received a flurry of emails imploring us to find a better one, not simply because the photo in question hurts some people on a deep level but because, according to the senders, Danielle Chiesi was once super hot. “Like insanely hot,” more than a few told us, begging that we find a replacement because they’d already told their co-workers how good looking she was, and credibility was on the line. Regrettably, despite putting in a few minutes of hard work Google Image searching, we were unable to find find any evidence that these guys could bring to the table in an effort to prove they did not have a thing for the Bridget Nielsen (Flavor Flav Years) of the finance industry. Today, they are saved. Bloomberg reports that Danielle Chiesi was named Miss Southern Tier Teenager in 1981. Unfortunately, Bloomberg did not include a photo of DC at the time but no matter– apparently one of her wearing a tiara exists and while we wait for someone to find it and send it here, let’s get to know the beauty queen a bit better. (For those of you looking to make a splash, consider taking a page from Chiesi’s playabook.)
Starting with the fishnets.
Chiesi wore short skirts and low-cut tops, according to people who saw her over the years. When she worked at New York brokerage Furman Selz LLC in the early 1990s, she would show up in a tight red suit with red fishnet stockings, says a person who worked there at the time.
Which some people seem to have had a problem with.
Chiesi used her sexuality to build sources at male-dominated tech companies, says Deborah Stapleton, president of Stapleton Communications Inc., an investor relations company in Palo Alto, California. “It amazes me that grown, wealthy, successful, hardworking men fell for that,” Stapleton says. Chiesi was proud of her network, too. “She bragged about her contacts in public,” Stapleton says. “She was like a teenager who wanted everyone to know she knew some rock star.”
The knockers with a heart of gold.
“Danielle was really social, gregarious and popular,” says Stacey Maggio, a sorority sister. “She was a knockout with a big heart.”
Horizontal dancing.
