SAC Capital alums

  • 26 Nov 2012 at 8:11 PM

Mr. And Mrs. Mathew Martoma In Surprisingly Good Spirits Considering Someone’s Recent Workplace Drama

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Earlier today, former CR Intrinsic employee Mathew Martoma made an appearance in federal court re: the matter of his being charged with insider trading during his time with the SAC Capital unit. The hearing was merely to set the terms his bail– lenient enough that they allow him to travel throughout Massachusetts, New Jersey, Florida, and parts of New York, though not so generous so as to allow for visits with old friends in the Nutmeg State– with a follow up meeting with the Judge James Cott set for December 26th. Joining Mathew at the courthouse today was his wife, Rosemary, and while we expected brave faces and a united front from the couple, we didn’t expect smiles and jokes for the cheap seats. Read more »

  • 26 Nov 2012 at 1:57 PM
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Mathew Martoma Will Be Unable To Make The SAC Capital Holiday Party This Year

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Former SAC Capital Advisors LP portfolio manager Mathew Martoma, charged in what prosecutors called the biggest-ever insider trading case, appeared in federal court in New York…He was arrested at his Boca Raton, Florida, home Nov. 20 and freed on $5 million bond. He appeared today before U.S. Magistrate Judge James Cott in Manhattan. The defense and prosecution today agreed to a modified bail package under which the $5 million bond must be secured by $2 million in cash or property, as well as signatures from three instead of two financially responsible people. Martoma has surrendered his and his children’s travel documents. He’s limited to Florida, Massachusetts, New Jersey and parts of New York. [Bloomberg]

Dear Ping Capital Investors And Other Interested Parties

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January performance means a lotta salsa victory dancing going on at the office today. Read more »

  • 06 Jun 2011 at 1:44 PM

Ping Capital Up 7% YTD

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Despite a May Mr. Jiang would probably like to put behind him. Read more »