• martoma


    Mathew Martoma Is In Miami

    Unfortunately, this is a business, not pleasure trip: yesterday marked Day 1 of 3,285 of his sentence for orchestrating the largest insider trading scheme ever.

    / Nov 21, 2014 at 3:12 PM
  • News

    Art World’s Reactions To Steve Cohen Woes Range From “I’m going to begging for change outside the Staples Center” To “NBD”

    Time was, Steve Cohen told the Feds where they could go. No matter how much heat they put on him, the Big Guy would not burn. If they wanted to relentlessly circle him in an attempt to find evidence of insider trading, that was fine by Steve. But he wasn’t going to act like he gave a rat’s ass and he certainly wasn’t going to wilt under the scrutiny or draw the blinds at Casa Cohen and curl up in a ball to cry. This time two years ago, despite SAC receiving a subpoena from the government, the FBI raiding the firms of several former SAC employees, and an analyst being asked to wear a wire while chatting him up, Cohen not only hopped on a private plane to attend Art Basel, but he did so with a smile on his face. (“Cohen,” the Journal reported, was in “jovial spirits and eager to chat about his fresh art acquisitions,” which included a “large-scale map of the world made from tin cans” that he bought in the first five minutes of the fair opening.)  And while one could argue that the heat on Steve has been cranked up quite a bit more since then, we assumed he was dealing with it in typical Steve fashion, and would make it to Miami like always. So it was particularly troubling to hear this:

    / Dec 6, 2012 at 4:33 PM
  • News

    Eddie Lampert Bids Greenwich Adieu

    Eddie Lampert is relocating ESL Investments to Miami, according to a regulatory filing today. The move follow his purchase earlier this year of a seven-bedroom mansion in Florida’s Biscayne Bay for almost $40 million. ESL President William Crowley will not make the move “for personal reasons,” according to a spokesman for ESL. [Bloomberg Brief]

    / Jun 12, 2012 at 12:48 PM
  • News

    Miami Bankers Battle Dorsal Fin And Win

    “I don’t have to watch Jaws anymore. I lived it.”

    / Jun 22, 2011 at 11:04 AM
  • News

    Steve Cohen Is Totally Unfazed By Feds

    Perhaps, you thought, after his hedge fund had received a subpoena from the feds, and the FBI had raided the firms of a bunch of his former employees, and an analyst was asked to wear a wire while having conversations with him, all as part of the government’s effort to behead him on live TV, […]

    / Dec 2, 2010 at 9:23 AM
  • News

    Does Morgan Stanley Have A Problem With Dwarves?

    In a seemingly positive article this morning about Wall Street having and spending shitloads of money again, a troubling firing story is relayed: A Morgan Stanley trader recently tried to hire a dwarf for a bachelor party in Miami, asking the dwarf to meet him at the airport in a “Men in Black” style suit, […]

    / Nov 24, 2010 at 12:12 PM

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