IBM

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    News

    Preet Bharara Does Not Need This Shit

    The four guys who got to retract their guilty pleas to the crime earlier this month? Yea, they won’t have to enter new pleas of any kind—unless the Second Circuit Court of Appeals sees the error of its ways, or the Supreme Court sees said error.

    / Jan 30, 2015 at 3:00 PM
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    News

    Warren Buffett Is Just Daring You To Drive Down The Price Of BRK/A

    Every year starting in around late December and continuing until around this time, I found myself at the end of each day hoping that the S&P had gone down. Rooting against GS, of course, made obvious sense, but I was also keenly aware that I was soon going to be buying a whole lot – […]

    / Feb 27, 2012 at 6:02 PM
  • News

    Bob Moffat Gets Half A Year To Become Hardened, Jaded, Vow To Never Open His Heart, Pants To An Analyst Again

    The former IBM exec, who had no idea Danielle Chiesi was just “playing” him when he passed her inside info during the course of a relationship that apparently meant a lot more to him than her, which he has twice cried in public over, has been sentenced to six months in prison.

    / Sep 13, 2010 at 2:30 PM
  • News

    Bob Moffat Finally Accepting The Fact That Danielle Chiesi Never Really Cared About Him

    For years and years before she was charged with insider trading in the Galleon case, people were aware of Danielle Chiesi’s schtick. Chieisi, often wearing some sort of get-up that involved fishnet stockings would show up to conferences, parties or other gatherings, seduce some well-informed men with her moves on the dance floor, maybe massage […]

    / Aug 18, 2010 at 12:45 PM
  • News

    Galleon Informant Sentenced to 27 Months in the Big House

    Mark Kurland, Danielle Chiesi’s partner at New Castle Funds who pleaded guilty to insider trading in Galleon Group case, just got slapped with a 27-month prison sentence and a $900,000 fine for participating in the alleged scheme.

    / May 21, 2010 at 4:36 PM
  • News

    Former IBM Exec Had Second Job In Venture Capital

    While nobody at IBM would dispute that its former head of M&A, David Johnson, was putting in some serious hours, they are taking issue with the fact that he spent a good deal of that time preparing to launch a technology focused VC firm, JSJ Capital Management. Johnson’s indiscretions ran a bit deeper than egregious […]

    / Jun 26, 2009 at 12:39 PM
  • News

    The Proposal To Bring Back Buy-And-Hold

    Former IBM CEO Lou Gerstner is not making any new friends on trading desks. Gerstner bemoans Wall St.’s focus on short term trading rewards but goes one step further and offers a modest proposal to solve the problem. In his utopia, day traders would pay an 80% tax on gains, individuals holding investments for 6 […]

    / Jun 25, 2009 at 9:40 AM
  • News

    Antitrust Is Back Home Early

    And you thought antitrust had no surprises left in it. Far from it. Even the threat of extended reviews (six to nine months in this case) is still enough to blow a chilly breeze over the swollen nether regions of about-to-merge firms. In fact, Mom’s sudden appearance at the door (“I thought you were going […]

    / Apr 16, 2009 at 2:56 PM
  • News

    IBM To Capture The Power Of The Sun?

    In case you missed it earlier today, not everyone is taking this recession thing laying down. International Business Machines Corp. and Sun Microsystems Inc. are negotiating a takeover that values Sun at $9 to $10 a share, people familiar with the matter said. Personally, we like the world better with an independent Sun. There’s no […]

    / Apr 2, 2009 at 3:55 PM

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