It feels like it’s been forever (real time: two years) since the SAC Capital female hormone case, doesn’t it? For those of you who shamefully forget, back in the fall of 2007, a former employee of the hedge fund, Andrew Tong, alleged that his boss, portfolio manager Ping Jiang, had forced him to take female hormone pills as part of a slightly unorthodox philosophy of Jiang’s that male traders needed to be more like women (not as aggressive, etc) in order to maximize returns. Tong also alleged that he was instructed by Jiang to wear dresses, and as a result of the pills, could not perform sexually with his wife, with whom he was trying to have a baby. Unfortunately, at the time, those were all the details we got. The court filings were sealed, and in early 2008, Jiang was fired (but not because of the tranny stuff! Because he didn’t make as much money as the year before, natch). Today, by way of a story by the always awesome reporter Matt Goldstein, we find out a bit more. Goldstein’s article is about the “most feared man on Wall Street,” if you do stuff like insider trade. He’s the guy leading the Galleon investigation for the FBI, and obviously his name is BJ Kang, because how could it not be?
According to Goldstein, court documents and sources indicate that BJ may be “focusing” on SAC next (as previously mentioned, one of the cooperating witnesses in the Galleon case, Choo Beng Lee, worked at the fund for a couple of years). And this isn’t the first time The Beej and SAC have crossed paths. In 2006, BJ was part of the team looking into alleged accounting irregularities at Fairfax Financial, and in 2007, BJ was tasked with looking into “a previously undisclosed investigation involving alleged trading irregularities” at SAC, opened by federal prosecutors in Brooklyn (which was later closed). One person BJ interviewed while checking things out? The lovely Andrew Tong. And speaking of the lady of the hour– litigation on TrannyGate ended last year, and the previously sealed court documents have been opened. Shall we take a peek inside? If we’re up to get down with some slightly disturbing shit, yes! For instance, thongs:
And pet-names:
And the obligatory sodomy sessions, golden showers:
“You’ll have to give me a blow job if you want to make that trade.”
