pride

While it would be a logical step for Cohen to focus on managing his own wealth, two people who know Cohen said his decision not to throw in the towel is in keeping with his personality. Cohen doesn’t want to let the government get the best of him and is seeking to defend a reputation as one of the most successful hedge-fund managers ever, said the people, who asked not to be named because the information is private. [Bloomberg, earlier]

The last six weeks have been a fairly stressful time for Anna Gristina/Scotland. On March 6, she was arrested for allegedly running a brothel out of an East 78th Street apartment, where she provided hookers to “wealthy, powerful men” (“politicians, top-law enforcement, influential lawyers, bankers, entertainment execs and Fortune 500 businessmen”), which meant her plans for global expansion (the details of which she’d been hammering out with a broker friend just that morning) had to be shelved. On April 3, her request for reduced bail (set at $2 million) was denied for a fourth time. On April 9, it became clear she was probably going to have to send her pet pigs to a farm “upstate.” Right now, as she sits in a jail cell on Riker’s Island, it would be fair to assume Gristina/Scotland’s spirits are pretty low. And while it may be little consolation, she should know that everyone back home, across the pond, is not only rooting for her but swelling with pride over her accomplishments, which they speak of in terms generally reserved for local athletes bringing home Olympic gold medals. Read more »