Remember Andrew Oberwager and Karolina Stefansi? For those who need a refresher: they’re two highly educated kids who were once in love and are now suing each other in court. When they met, Oberwager was a PM at Columbus Circle Partners, who had earned the right to not only put the letters C, F, and A after his signature, but M and D as well, having graduated from Harvard Med school before getting into investing. Stefanski, left, was a former Playboy model from Germany, who had earned her journalism degree from Suffolk University (the $33,000 tuition for which Obes covered). Thing were good.
Then MDCFA might have started an affair with a chick from Texas he met online, a relationship Stefanski was not cool with even though it probably meant nothing to Oberwags (i.e. he didn’t put her through vet school), she moved back to Germany and cashed the blank, signed checks he had given her, including one for $80,000.
Apparently this set Andy off and in July, he sued Karolina, a) claiming those checks were “meant to pay for household expenses” and b) demanding the tuition funds be paid back, plus interest, arguing that the couple had “drawn up a contract on his personal computer” (which has since gone missing) because “she said she didn’t want charity…it was actually her idea to make it a loan.”
Anyway, Karolina has now come back to 1) let Andrew know he can go fuck himself and 2) tell the court that this man is a liar. Continue reading »
“If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas. Printing more money to play politics at this particular time in American history is almost treasonous in my opinion.” Continue reading »
On September 7, 2010, the home of a single mother named Judith French was sold in a foreclosure auction, despite the fact that her lawyer, Richard Roman, had obtained a temporary restraining order. She then incurred $5,000 in legal fees, which a judge ordered JPMorgan, French’s mortgage servicer to pay. The bank has yet to do so, leaving Roman with no choice but to roll up his sleeves and take matters into his own hands. Continue reading »
Update: We’ve spoken with several other conference participants who tell us the slide wasn’t meant to demonstrate how RBC sees President Obama but rather reflect sellers‘ current thoughts on the fear of the White House raising long term capital gains taxes.
RBC said in a statement: “This [slide] is not representative of RBC’s viewpoint. We do not condone this type of behavior; it is unacceptable and runs counter to our values and culture.”
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Said thoughts were apparently shared at the Energy Capital Conference yesterday, by RBC Capital Markets director Craig Lande, via an interesting slide included the firm’s presentation. It seems the Canadians (based in Houston) do not think much of our commander in chief. Participants may have gotten this impression due to the image of Obama depicted as the devil (I don’t know though, maybe it was something else). According to an attendee, “There were a couple hundred people in the room– everyone was shocked. It was really awkward.”
“Let me give you the short business answer. I bought the house in Houston. I have multiple mortgages. Some for me, some for other people. This house was my most expensive mortgage. I decided to let that house go, because the house ended up being worth nothing when the market went down and I decided to just let it go and give it back to the bank. It wasn’t a situation where they came and took it from me. I just didn’t feel like it was a good business investment, to keep paying that much mortgage on a house that I was never at. Don’t try to take this to a point where Chamillionaire has money problems. There was no financial negligence, none of that. I’m still a Chamillionaire. When I’m a Cha-thousandaire, then you’ll have a real story. ”
Chamillionaire: I Chose To Be Foreclosed On [TMZ via Daily Intel]
