• Phil Falcone


    Christmas Comes Early At Casa De Falcone

    Phil knew that this was more than just a threat. In all the years they’d been living together, he’d never seen her so mad, not even after she’d discovered he’d been hawking her vintage Hermes scarves for cash last summer. No, she’d really had it with him this time. It’d been more than three years […]

    / Nov 25, 2014 at 1:59 PM
  • medievaltimesknight


    Knight Capital CEO Is Going To Take Off Now

    “Over the course of the last eleven years, I have been fortunate to be the CEO of Knight Capital Group. Together we achieved a wide variety of the business goals we had established. With the transaction with GETCO completed, and after careful consideration, I have decided that now is the right time for me to […]

    / Jul 3, 2013 at 11:03 AM
  • vatican


    Resignation Watch ’13: Vatican Bank

    Two of Christ’s little worker-bees are now looking for new gigs in the financial services industry, if you’ve heard of any openings. References available upon request.

    / Jul 2, 2013 at 12:58 PM
  • jimhagedorn


    Scotts Miracle-Gro Directors Too Good For Use Of “Sh*t Pots” As Unit Of Measure

    Scotts said Monday its board had unanimously reprimanded Mr. Hagedorn for his use of “inappropriate language,” and that three independent directors had resigned following the move…In a statement Monday evening, the 57-year old chief executive said he has “a tendency to use colorful language,” and apologized for what he said were “inappropriate” comments. He said […]

    / Jun 4, 2013 at 5:00 PM
  • dick-bove


    Nobody Puts Dick Bové In A Corner

    Noted bank analyst Dick Bove is planning to submit his resignation from Rochdale Securities LLC on Monday, according to a person familiar with his plans. Mr. Bove has remained at Stamford, Conn.-based Rochdale as it has searched for a rescue since Oct. 25, when a trade in shares of Apple left it in what President […]

    / Dec 14, 2012 at 2:36 PM
  • News

    Moore Capital Co-CIO Retiring Because Trading Just Doesn’t Get Him Jacked Up Like It Used To

    Make millions, lose millions, who cares, what’s the point of it all?

    Greg Coffey, co-chief investment officer of Moore Capital Management LLC’s European business, is leaving the hedge-fund industry after a 20-year trading career, according to a letter sent to investors…Assets in Coffey’s macro fund have slumped to about $100 million from as much as $1.6 billion in 2010. The fund had fallen about 10 percent this year through August before rebounding almost 9 percent last month, according to people with knowledge of the matter, who asked not to be named because the information is private. The fund lost 5 percent last year. Coffey realized that after he had recovered most of this year’s losses in one week in September, he wasn’t as excited about his gains as he might have been in the past, two people who know him said. Coffey then decided it was time to end his 20-year career trading, the people said.

    Moore Capital’s Coffey to Retire From Hedge-Fund Industry [Bloomberg]

    / Oct 17, 2012 at 6:01 PM
  • News

    If He Could, Jack Welch Would Go Back In Time And Acquire Time Inc Just To Fire The Entire Fortune Staff The Next Day

    Jack Welch said he will no longer contribute to Fortune following critical coverage of the former CEO of General Electric, saying he would get better “traction” elsewhere. On Friday, Welch suggested that the Obama administration, calling them “these Chicago guys,” had manipulated the monthly jobs report in order to make the economy look better than […]

    / Oct 9, 2012 at 2:06 PM
  • News

    MF Global’s Board Is Gonna Take Off Now

    The remaining directors of MF Global Holdings turned in their resignations Friday, following the appointment of a trustee to oversee liquidation of the futures brokerage. Former FBI director Louis Freeh was installed as trustee in the MF Global bankruptcy case on Monday. [CNBC]

    / Dec 2, 2011 at 4:46 PM
  • Banks

    Two UBS Executives Resign Over…You Know

    “UBS said Francois Gouws and Yassine Bouhara resigned as co-heads of Global Equities following the recent unauthorized trading incident. Mike Stewart will become sole global head of Equities, it said.” [Bloomberg]

    / Oct 5, 2011 at 1:13 PM
  • News

    Simmons And Company Employee Firm Told Investors To Ignore Now Retiring

    On Friday we noted that Simmons and Company had upgraded BP to a buy, making the fact that its namesake, Matt Simmons, had been going around talking about nukes and BP not lasting through the summer slightly awkward. Also a tad uncomfortable was the fact that the company wrote its investors telling them to “disavow” […]

    / Jun 16, 2010 at 3:08 PM

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