Long Island

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    Former Morgan Stanley Risk Manager Does The Math, Still Agrees To Become Billy Joel’s Fourth Wife

    She knows what she’s doing, you haters of love.

    / Jul 6, 2015 at 10:54 AM
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    27 Year-Old “Death Spiral” Financier Doesn’t Feel The Need To Explain Himself To You

    Josh Sason, he of the Long Island Sasons, will not be opening up about his process.

    / Mar 13, 2015 at 4:39 PM
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    sliding doors

    Vin Diesel Could’ve Been King Of The Cold Call

    David Glass, 39, was still on probation for insider trading when he co-founded Yellowstone Capital […]

    / May 22, 2014 at 4:55 PM
  • stevecohenyoung


    A Portrait of the Artist As A Young Man

    Steve Cohen circa 1974, from the pages of a Great Neck North Senior High School […]

    / Sep 25, 2013 at 4:37 PM
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    Long Island Broker Receives Zero Points For Imagination, Creativity Re: Blowing Investor Money

    You’re going to have to try a lot harder than strippers, black jack, and a […]

    / Jul 3, 2013 at 12:09 PM
  • News

    Four Years After Shuttering Fund, Long Island Asset Manager/Hooters Franchise Owner/Frederick’s Of Hollywood Devotee Not Ready To Part With Investor Money Just Yet

    In 2008, Fursa Strategic Alternatives, an asset management firm run by Massapequa resident William F. Harley III, informed investors that it would be closing its doors and returning everyone’s money. As some money managers can likely attest though, making the decision to close up shop (and writing people to say as much), doesn’t mean you’re emotionally ready to do so. Harley, for example, couldn’t shake the feeling that he was put on this earth to be an investor and, god damn it, he was going to invest until the day he died. So he did what any rational human being in his position would, and decided to just, you know, hang on to his clients’ money for a while. Of course, the pesky little varmints kept calling, so he had to disconnect the phones and to avoid an awkward confrontation wherein they appeared at the firm’s building demanding their cash in person, he moved HQ into the basement of one of his other businesses, a Hooters restaurant. That got people off his tail for a while but, unfortunately, they popped up again and this time are taking legal action.

    The Claude Worthington Benedum Foundation filed the lawsuit last month in the Court of Common Pleas in Allegheny County, Pa. It has since been moved to federal court in the western district of Pennsylvania. The charity said in its lawsuit that William F. Harley III continued operating Fursa Strategic Alternatives from the basement of a Hooters restaurant on Long Island after saying in 2008 the fund would close and the charity’s money would be returned. Federal filings show Fursa in January was the largest investor in lingerie company Frederick’s of Hollywood Group. A spokesman for Harley said lawyers for the fund sought unsuccessfully to contact the charity last year. Harley could not be reached for comment at his home Wednesday…The lawsuit points to Fursa’s investment in Frederick’s of Hollywood as evidence the company continued operating instead of returning its money. Fursa Alternative Strategies owns 46 percent of Frederick’s, according to the company’s proxy statement.

    While a spokesman for Harley has not denied most of the allegations, he does take issue with claim that Fursa has any sort of legitimate set-up at any of his four Hooters, telling Newsday that he “occasionally has business meetings at them, but doesn’t run an office there.”

    Charity lawsuit accuses Massapequa man of mishandling $2M investment [Newsday]

    / Sep 27, 2012 at 2:18 PM
  • News

    What To Do (Or Not Do) Upon Waking Up In A Car “Driving Through A House,” Part II

    Back in May, we had a frank discussion about drinking with colleagues and/or clients after work. Specifically, how many drinks one should put away in order to have a good time but not cross any unfortunate lines. At the time, we used a young lady named Sophia Anderson as our guide and said that, assuming you have the tolerance of a 21 year-old female and considered being arrested post-Happy Hour for driving your through a stranger’s house one of those lines, no more than a dozen beverages should be consumed, with fourteen being the absolute max. Today we have just a quick update, to those for whom it bears mentioning, that if you’re going to ignore said guidelines and have that fifteenth cocktail shortly before accepting a ride home from an equally sloshed coworker who confuses someone’s front lawn/foyer/kitchen/backyard patio with the road, you should probably not agree to lie to the police and say you were the one driving. Not even if you’re secretly in love with him or her; not even if he or she promises to take take you on vacation after all of this blows over; not even if you were passed out the whole ride and a bit disoriented after “[waking] up as the incident occurred and the car drove through the house.”

    The sneaky punk who conned his drunk and coked-up girlfriend into taking the DWI rap for crashing through, and trashing, a Long Island home in his mom’s Mercedes convertible, was finally charged today with the May 28 crash and ordered held without bail. Suffolk DA Tom Spota said Dan Sajewski, 23, tricked Sophia Anderson, 21, into telling cops that she was behind the wheel when he crashed through the Huntington home of a 96-year-old woman – taking a 30-foot tree with him from the front to the back yard. Spota said the incredible demolition derby was the end result of a night of boozing and cocaine snorting at the $1.7 million mansion of Sajewski’s parents in exclusive Lloyd Harbor – when Sajewski and Anderson took a high speed joyride for more beer.

    “We know what really happened that day,’’ said Spota at a press conference after the court session. He said the couple, along with three pals, were doing shots of Jack Daniels and snorting coke at Sajewski’s doctor dad’s home until 4 a.m.
    The crash occurred during a trip for more Heineken beer, while Sajewski was driving, said Spota. He said Anderson was passed out in the passenger seat and “told us she wakes up as the incident is occurring and they were driving through the house.’’ Spota said Anderson “was in love with him’’ and agreed to take the rap, after he promised to pay her bail and legal bills – and take her on a vacation. He broke his word and she revealed it was all a lie. The DA said that when an x-ray technician at the hospital told her she could not have been the driver because of her injuries, Anderson told him “it’s a little too late for that.’’

    LI punk held without bail for May 28 crash that destroyed elderly woman’s home [NYP via DI]
    Earlier: Area Drunk Offers Handy How To Guide Re: Not Being Labeled “That Guy (Who Uses The Front Door Of A House As A Garage Door)” At The Office

    / Sep 19, 2012 at 4:04 PM
  • News

    Sleep Where Joe Gregory Hath Slept

    The former Lehman Brothers chief operating officer and close personal friend of Dick Fuld has […]

    / Jul 25, 2012 at 4:24 PM
  • News

    Exotic Dancer Turned Financial Services VP Wants Long Island To Pay $10 Million For Forcing Her To Have An Affair With Responsibility-Shirking Cop

    Remember Tara Obernauer? For a quick refresher, Obernauer is vice-president at Forbes Private Capital Group, whose resume also includes an MBA from Hofstra, five years as a compliance officer at Guggenheim Capital Markets, and dancing gig at a now-defunct gentlemen’s club called Stringfellows, where she earned “$1,000 a night or more.” Last July she started having an affair with Nassau County police officer Mike Tedesco,* which involved Tedesco literally and figuratively “parking his cruiser in Obernauer’s driveway” during his shift and “hanging out on the couch, watching TV, and taking naps” while letting younger cops, who Tedesco referred to “assist bitches,” respond to calls. The reason we know all this is that Mike’s bosses “compared reports by Obernauer’s neighbors with GPS records from his squad car, [which] showed at least 57 visits” at times he was supposed to be working, and then cross-referenced them with Obernauer, who had no intention of covering for Tedesco after she learned he was married with kids.**

    Anyway, in April Obernauer got an order of protection against the guy, fearing retaliation for not telling Internal Affairs that he was “just a friend who stops by once in a while,” as per his request,** and now she wants Nassau County to cough up a few million for unleashing this animal on her.

    The mistress of a married Nassau County cop — who enjoyed more than 100 nights with him while he was on duty — is threatening to sue the county for $10 million because it didn’t prevent the couple’s steamy romance. Sexy Wall Street exec Tara Obenauer, 42, has filed a notice of claim saying that she intends to sue Nassau County and the Police Department because officials were “negligent” for not keeping Officer Mike Tedesco from visiting her house while he was on duty. “As a result of the County and Tedesco’s negligent and intentional acts, Claimant has suffered and sustained severe and substantial emotional damages,” the notice of claim said.

    Here’s what Nassau County Attorney John Ciampoli had to say about that: “I just think it’s rather ironic that she’s filing a notice of claim against the county. Because, based on what has been reported in the press, she was receiving from the county Police Department a lot more than others were receiving.”

    *Who showed up to her house claiming he’d received a report of loud music, after a colleague who knew Obernauer piqued Tedesco’s interest by telling him “she was good-looking.”
    **To which she responded “They have your GPS records, you moron. I’m not perjuring myself for you. We’re over and I want my key back.”

    / Jul 13, 2012 at 12:10 PM
  • News

    Exotic Dancer Turned Financial Services VP Teaches Long Island Cop A Thing Or Two About Hard Work

    In 1992, Tara Obenauer was a dancer at the now-defunct gentleman’s club Strinfellows. The Long Island native had graduated from Adelphi University the year prior and was set to attend law school but, she told the New York Times for an article titled “Topless Bars For A Crowd In Pin Stripes,” “The money here is just so good. I can make $1,000 a night ore more, if I really work at it.” Obenauer worked hard for the money a few years longer and following a brief interlude as a stay-at-home mom, received her MBA from Hofstra and got a job at Guggenheim Capital Markets, where she spent five years as a compliance officer before joining Forbes Private Capital Group as a Vice-President. If Mike Tedesco, the Long Island cop who used to two-time his wife with Obenauer had taken a page from her playbook, maybe he would have been lieutenant by now. Unfortunately, none of Obenauer’s can-do work ethic rubbed off on Tedesco and this had to happen:

    “He would be at my house for hours during his shift, hanging out in his uniform on the couch, watching TV with my kids, taking a nap,” said Obenauer, who is single. Her children are from a previous relationship; the officer is married with two kids. “He was stealing time from the county for six months. He [would ask his pals to] take his calls.’’
    Obenauer, 42, of Massapequa, said Tedesco, 43, got defensive when she confronted him about his no-show work habits. “I did ask him why he wasn’t out working.” Obenauer said. “We argued about it, but I’m not his mother and I’m not his supervisor.
    “I’ve been doing this for 22 years,” Tedesco bragged, according to Obenauer, a vice president of a global financial firm. “Let the f–king newbies chase these kids from their parties and go to house alarm calls.’’ She said he called the other cops his “assist bitches.”

    The under-cover operation came to a screeching halt when a suspicious neighbor blew the whistle. Tedesco, 43, was suspended after cops compared the neighbor reports with GPS records from his squad car. They showed at least 57 visits, sources said. Obenauer said that when Internal Affairs detectives showed up at her home Feb. 9, she at first though Tedesco had been shot. But the news they delivered was nearly as bad. They said her boyfriend “was a fully married man” with no intention of divorcing his wife. “I was devastated,’’ Obenauer said. “It had been years since I had let a man into our lives. This was an extreme level of betrayal. It was all lies.’’ Tedesco later called her to ask what she told Internal Affairs, she said. “He screamed at me, ‘You f–king tell them that I’m just a friend who stops by once in a while,’ ” Obenauer said. “I told him, ‘They have your GPS records, you moron. I’m not perjuring myself for you. We’re over, and I want my key.’ ”

    Mistress says Nassau cop spent overnight shifts shacking up at her place and other cops covered for him [NYP]
    Related: “I can make $1,000 a night or more, if I really work at it,” said Tara Obenauer, 21, of Massapequa, L.I., who dances at Stringfellows.

    / Apr 30, 2012 at 2:56 PM
  • News

    This Post Brought To You By Occupy Wall StreetTM

    You know how it is.

    / Oct 7, 2011 at 3:11 PM
  • News

    Tiger Woods’ Whore Liaison Can Appreciate What 9/11 Did For Her Ass

    Tiger Woods’ alpha mistress, Rachel Uchitel, said the 9/11 death of her former fiance, investment […]

    / Sep 6, 2011 at 1:13 PM
  • News

    The New York State Department of Labor Would Like A Word With Jim Simons

    A refrain typically heard when discussing Jim Simons’ Renaissance Technologies is that it “must” be […]

    / Jan 24, 2011 at 11:43 AM
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    Morgan Stanley, And Not Goldman Sachs, Lucky Recipient Of Billy Joel’s Loving

    Back in August, the Daily News ran this photo of Billy Joel on a bike […]

    / Dec 9, 2010 at 10:45 AM
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    See If You Can Guess The Tattoo That Appears On Cliff Asness’s Right Forearm

    These are your hints: 1) Asness is currently a Marvel comic book collector, in addition […]

    / Oct 6, 2010 at 5:19 PM
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    E*Trade Still Saying Whore Baby Commercial Not Based On Life Of Lindsay Lohan

    Back in March, Lindsay Lohan filed a suit against E*Trade, claiming that the baby in […]

    / May 10, 2010 at 12:04 PM
  • News

    Want To Have Your Mortgage Wiped Out And Feel Like You’re In A Seinfeld Episode?

    Then get thyself to Judge Jeffrey Spinner‘s court. East Patchogue couple Diane Yano-Horoski and Greg […]

    / Nov 25, 2009 at 1:57 PM