Remember Andrey Hicks? To recap, he’s the guy who was arrested last year (trying to make a run for Switzerland) and had his assets frozen by the Securities and Exchange Commission, which took issue with the fact that, in addition to stealing a couple million from investors in his Locust Offshore Management fund, he’d fed them a “brazen web of lies” that included: the claim he received a Ph.D in Applied Mathematics from Harvard in two years (he neither earned his doctorate from Harvard nor his undergraduate degree and in fact only lasted three semesters in Cambridge, taking a single math course, in which he got a D-); the claim that while working at Barclays Capital, he increased his group’s assets under management to $16 billion, despite BarCap having no record of his employment; the claim that at Locust, he applied “quantitative strategies based on mathematical models he developed at Harvard”; the claim that Ernst & Young was the fund’s auditor, Credit Suisse its prime broker and custodian, even though the SEC report was the first either had heard of the guy. Anyway, he’s probably going to spend some time in jail. Read more »

Yesterday afternoon, the Securities and Exchange Commission announced that it had frozen the assets of “purported” Boston-based quant named Andrey C. Hicks. Purported because, was he actually a quant? Not so much! Other small inaccuracies in his story with which the regulator took issue, describing the total as Hicks’ “brazen web of lies”: Read more »

  • 30 Nov 2009 at 10:00 AM

God Not Pleased With House Lloyd Blankfein Built

1292184.jpgAnd here’s what he’s doing about it! If he’s told you fuckers once, he’s told you a thousand times– “do not cheap out on the new pussy palace.” And yet, here you are, going to Home Depot and just buying any old piece of easily shattered glass you can find, instead of the good stuff. How is this supposed to fly when there are asses to be backed up against it? This was a warning. Get it right. Or guess what? Maybe there won’t be any moving day for you. Maybe– if you don’t make this right– you’ll be bunking with Vikram in a Zen Garden-less cube.

Glass from window panes rained down from the upper floors of the trouble-plagued Goldman Sachs tower in lower Manhattan, snarling traffic for more than two hours yesterday afternoon, authorities said. Police closed West Street near Battery Park City after the glass from the 43-story skyscraper crashed onto the roadway. No injuries were reported.
The $2.4 billion office tower, slated for completion early in 2010, has been the site of a number of construction accidents over the past two years.