They also need a ruling on Lagrange versus Laplace. Read more »
names
Gorman
So you’ve started a hedge fund and have decided the best way to maximize returns for investors is by trading on material non-public information. With the government’s crackdown on insider trading, odds are you will ultimately get caught and, if you’ve suffered blunt trauma to the head, will decide to take your chances at a trial by jury rather than settle. If you’d like some level of assurance you’ll have better odds than Raj Rajaratnam, who was deemed guilty by Day 2 of deliberations (despite the jury taking 12 days to spit it out), consider these tips from one of the women, Leila Gonzalez Gorman, who helped sent him away. Read more »
As we have previously discussed, the renaming of the NYSE, post Deutsche Börse merger, is a delicate dance in which lots of people must be made happy. Though the Germans will own 60 percent of the company, many in New York are preemptively apoplectic over the notion of DB getting top billing. Chuck Schumer, for instance, has stated that he will handcuff himself to Maria Bartiromo’s desk in the event his town doesn’t come first (a threat NYSE chief exec Duncan Niederauer took seriously, by stating “DB NYSE” will not be an option). What to do? Hire a special task force and give everyone who wants it an opportunity to put in his/her two cents. Read more »
Senator Chuck Schumer just appeared on CNBC to discuss the Deutsche Boerse and NYSE Euronext deal. His thoughts? He likes it, assuming the New York name comes first, otherwise he’s going to handcuff himself to Maria Bartiromo’s desk until it happens. Read more »
Hedge Fund Industry Predicted To Double In Size–You’d Best Get Working On A Name For Yours NOW
By Bess LevinDon’t worry about the strategy- the name is the hardest part and we don’t have a lot of time. Read more »
Attorney Defending Mark and Andy Madoff Offers Interesting Theory For Why Suit Against Them Should Be Thrown Out
By Bess LevinHey remember Mark and Andy Madoff, the spawns of Bernie whose lives were shook to the core when their father and former boss admitted to not exactly playing by the “rules” when it came to investing? Many assumed they had to have been in on the crime, given that they were the number two and three employees at the firm (though our personal conclusion was that given the photographic evidence that M&A spent 90% of their time fishing and posing, and the the himbo-esque looks on their faces) and for a while there it seemed like they were probably going to go downtown themselves. On the contrary, however, they’ve managed to keep themselves out of prison. They are currently facing a $200 million lawsuit but that’ll be probably be thrown out given the flawless logic offered by their attorney for why the boys are innocent. Read more »
I don’t really have anything else to say about that, I just thought that you should know. (Although I will add that I’m surprised Carl Levin didn’t work this into last week’s routine: The email thread praising Raazi begins with Sparks writing to Montag and telling him “Cactus Raazi did a fantastic job for the desk.” Sparks added, “Please recognize Cactus when you get a chance.”) [Reuters]
Silda Wall Spitzer has started using her married name again, which she’d lopped off– while threatening to lop off some other things– after the prostie business came to light. Now Ness just has to get back in this guy’s good graces, which is going to take considerable more effort than I’m sorry flowers. Think jewels, Steamroller, and think big.
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