Long Island

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 LLC, a New York-based brokerage and lender that originated $200 million in loans last year, including for OnDeck. He said he learned to sell in the 1990s at Sterling Foster & Co., a Long Island firm where he got his friend a job interview that inspired “Boiler Room,” a movie that portrayed a college dropout’s foray into high-pressure stock sales. Glass said he coached actor Vin Diesel on cold-calling for the film. “A natural,” Glass said. [Bloomberg]

  • 25 Sep 2013 at 4:37 PM

A Portrait of the Artist As A Young Man

Steve Cohen circa 1974, from the pages of a Great Neck North Senior High School yearbook, from the investigative geniuses at the Wall Street Journal. [WSJ]

You’re going to have to try a lot harder than strippers, black jack, and a leased Mercedes to impress us. You’re competing with people who’ve spent millions on Caramel Macchiatos and priceless Teddy Bear collections. Think outside the box for once in your life. Read more »

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 consider being arrested post-Happy Hour for driving your car 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, say you were the one driving, and have them breathalyze you with 370 ounces of alcohol (and some cocaine) in your body. Not even if you’re 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 car drove through the house.” Read more »

  • 25 Jul 2012 at 4:24 PM

Sleep Where Joe Gregory Hath Slept

The former Lehman Brothers chief operating officer and close personal friend of Dick Fuld has reportedly put his Lloyd Harbor. For $22 million you get a 15,000-square-foot main house, a 6,000-square-foot guest house, nine acres, 6 bedrooms, 8.5 baths, a 7 car garage, what appears to be a duplex apartment for shoes, and a little piece of history. Plus, you’d read be helping out the guy, who never collected his $230 million in deferred compensation. [Dealbook]

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. Read more »

In 1992, Tara Obenauer was a dancer at a now-defunct gentleman’s club called Stringfellows. 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 or 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 police officer who used to two-time his wife with Obenauer had taken a page from her playbook, maybe he would have been lieutenant or something by now. Unfortunately, none of Obenauer’s can-do work ethic rubbed off on Tedesco and this had to happen: Read more »