vacation

  • class is in session

  • resort

    News

    If There’s Some Reason Indicted JP Morgan Employee Should Cut Vacation Short, Fly To U.S., He Hasn’t Heard It

    As you may have heard, earlier this week two JP Morgan employees, Javier Martin-Artajo and Julien Grout, were charged by federal prosecutors with conspiracy, wire fraud, and false filings, for “engaging in a scheme to falsify securities filings between march and May of 2012.” Both men were based in JP Morgan’s London office (as was […]

    / Aug 15, 2013 at 3:56 PM
  • jessicamangchristinaweckwerth

    News

    Woman Who Insider Traded On (Two-Timing) Boyfriend’s Behalf Did So In The Hopes Of Taking Relationship To The Next Level

    In the summer of 2009, Jessica Mang, far left, met an investment banker named Thomas Ammann at a nightclub in London. Both liked what they saw and started seeing each other “at least once a week,” on days he wasn’t with his other girlfriend, Christina Weckwerth. Things were going well, but by November, Mang wanted more. So when Ammann said he was going to take her on a romantic getaway to Seychelles, and all she had to do first was use her own money to trade on material non-public information he’d obtained from his job at Mizuho International about Canon’s purchase of OCE NV, she jumped at the chance. Not only did he want to go away with her (huge!) but he was entrusting her with such an important project (huger!); Mang had read all the dating books and knew that when a guy asks you to violate securities laws, it meant things were getting serious.

    “He basically said that I show him that I trust him — I invest the money, he still hadn’t specified how — once that’s done, we’ll go on holiday in the Seychelles,” Mang said today at a London criminal court. “I thought that was a massive leap in commitment.” She said Ammann told her if she didn’t do it, “he didn’t want to be with me anymore.” “I thought, you know, this is a relationship that’s going to go somewhere, I definitely thought we were exclusive as well,” Mang said. “It wasn’t just sleeping together, in my mind we were definitely boyfriend-girlfriend from the start.” Ammann suggested that she should invest so they could build a future together, which she said she thought was a “very sweet and considerate thing he was doing.”

    Things that are unanswered at time but presumably be cleared up by the time the trial concludes:
    1) When Ammann asked Weckworth to insider trade on his behalf (in April 2009), did he dangle a vacation in her face, too? Did she agree to the deal because she also thought it was indication wedding bells weren’t far off, or was she just in it for the financial gain?
    2) UNDER WHAT CIRCUMSTANCES* COULD THIS MISUNDERSTANDING POSSIBLY OCCUR:

    Mang said she didn’t know what due diligence was and “thought it was just a cute nickname he had for me.”

    If you have any ideas, we’re all ears.

    Ex-Banker’s Girlfriend Says Trades on Tips Showed Trust [Bloomberg]
    Earlier: Girlfriend Insider Trading On Two-Timing Boyfriend’s Behalf Found Roommate’s Judgment A Little Uncalled For
    Related (re: breaking the law for your boyfriend because he promises to take you on vacation): What To Do (Or Not Do) Upon Waking Up In A Car “Driving Through A House,” Part II
    *Did overhear a phone conversation in which he told someone “I’m spending 80 hours a week doing due diligence,” and she assumed he meant her? Because otherwise we’ve got nothing.

    / Nov 5, 2012 at 11:55 AM
  • News

    John DiBiacco Will Never Forget The Day He Told Kweku Adoboli To Cut Risk To Zero, Hours Of Silent Treatment He Received Afterward

    In Southwark Crown Court in London, the boyish-looking Mr. DiBacco was cross-examined for more than three hours by Mr. Adoboli’s lawyer, Paul Garlick, whose questions appeared to be aimed at showing the Swiss bank was fully aware of his client’s activities and that his trading was in line with the risk-taking culture in London. Mr. […]

    / Sep 24, 2012 at 2:25 PM
  • News

    Vikram Pandit Urges Employees To Get A Little R&R

    From: VikramPandit Sent: Thursday, August 26, 2010 5:36 PM To: VikramPandit Subject: Let’s Keep Going! Dear Colleagues, In New York, summer can be a time of year when things slow down. But as I talk to our people and visit Citi locations around the world, it is very clear to me that we have been […]

    / Aug 26, 2010 at 5:45 PM
  • News

    Swine Flu Outbreak At UBS?

    Possibly, according to some of our favorite tax evaders in town, who were told not to come in for the day. Of course, they may be jumping to conclusions, and it could have nothing to do with a pig disease outbreak at all. It could very well be that UBS is shutting down. Or it […]

    / Sep 29, 2009 at 9:03 AM
  • News

    Expensive And Beautiful Silk Panty Garments- For Everyone!

    Some stories, you just have no idea how to improve on. The irony and satire is so implicit in the fact pattern that any commentary seems somewhat strained by comparison. One struggles to unify the themes, only to find them so intricately locked in a matrix that to move them is to detract from the […]

    / May 21, 2009 at 12:28 PM
  • News

    What Was Your Best Vacation Ever?

    / Aug 19, 2008 at 3:36 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •