Winifred Jiau

Winifred Jiau has been pretty clear about a number of things: She loves her dog, does not appear to understand that lobsters are living things, and her recipes require sugar. Lots of sugar, preferably in the form of Cheesecake Factory gift cards and the aforementioned lobsters.

Winnie has been clearest of all, however, about just how not guilty of selling confidential information to hedge funds she is, no matter what a jury and a whole host of judges have said, and said again, and then again. Given her obvious innocence, someone must be to blame for her predicament. That person is her former lawyer, Joanna Hendon, who spent the time she should have been investigating and striking plea agreements conspiring with prosecutors to send poor old Winnie to jail for four years. Read more »

At trial, Mr. Nguyen testified that Ms. Jiau repeatedly pestered him with phone calls on his cellular phone and at home before Nvidia was set to report earnings in August 2008, seeking details about the company’s financials. Mr. Nguyen said he finally broke down and shared information about Nvidia’s current and future revenue, gross margins and other financial data after she interrupted him while he was bathing his young son. He pleaded guilty to criminal charges and avoided jail time after he cooperated with prosecutors. [WSJ]

  • 22 Sep 2011 at 10:46 AM
  • Pets

Golden Retriever Latest Victim Of Insider Trading Crackdown

Back in June, the lawyer for Winifred Jiau, expert network empress and accused insider trader, made a simple plea: “Put an end to this misguided prosecution,” Joanna Hendon said. “Send Ms. Jiau back to California, and to her dog.”

While the request might’ve played well with golden retriever lovers, the presiding judge didn’t care. He dragged things out another month, finding Jiau guilty over the summer and later on denying a request for acquittal or a new trial. Was Winifred the person you wanted to work with if you held an elastic view of securities laws and most certainly guilty of insider trading? Unquestionably: yes. Was she an individual who commanded sympathy, leniency or to whom you’d want to throw a bone? Those who benefited from her tips would be the first to tell you hell no.

In fact, she was bossy, she would cancel meetings at the last second, she would demand $300 gift certificates to the Cheesecake factory in one breath and a dozen Thanksgiving lobsters in the next, she would meet you for a pass off of material non-public information and tell you the shellfish you sent were Maine lobsters and she’d specifically request South African lobsters (even though she hadn’t) and then spit in your face and walk away and yes, sometimes you’d sit at your desk after she’d reamed you out over the phone for not giving her “the sugar” and fantasize about various ways you could kill her and make it look like an accident but having said all that: there’s a dog waiting for this lady and judge? She knows people who can make certain that these will be the first words you hear when you wake up and the last one’s you hear before you go to bed, for the rest of your life: Read more »

Winifred Jiau, the Primary Global consultant who worked closing with, among others, ex-SAC portfolio manager Noah Freeman, was found guilty on insider trading charges this morning, after two days of jury deliberations. The 43 year-old Jiau now faces up to 20 years for securities fraud and an additional five years for conspiracy. For the math whizzes in the group, that means she’ll be a mere 68 years old when sprung free. If you’ve been keeping up, you know even those who Wini drove to fantasies of killing her and making it look like an accident (no names: Noah Freeman) couldn’t deny she was the best at providing material non-public information and since there’s no reason to believe she won’t keep her skills sharp while in the joint, anyone looking to hook up with her in 2036 would be wise to write the following down. Read more »

As we have learned from former SAC trader Noah Freeman’s extensive testimony in the government’s insider trading case du jour, expert network analyst Winifred Jiau had a tendency to act irrational, demanding and sometimes plain bitchy. Whether her behavior stemmed from a power trip associated with realizing she was the person anyone who was anyone in the insider trading space wanted to work or she was simply born that way is unclear but regardless, while it may have annoyed some clients, it didn’t stop anyone from buying what she was selling, i.e. inside information that was “precise to the decimal.” Freeman, for example, has go so far as to praise her tips as best in class while sharing that he fantasized about doing her bodily harm, such as when she would make what he felt to be absurd requests like two (2) iPhones, gift cards to clothing stores, the Cheesecake factory and a dozen Thanksgiving lobsters. Apparently, though, the stuff wasn’t for Jiau. She just needed it to land another member of her “club.” Read more »

Unless you’re also counting those that fell in the “gray area,” in which case, that’s really anyone’s guess. Read more »

Yes she could be bossy, yes she would cancel meetings at the last second, yes she could be a crazy bitch who’d demand $300 gift certificates to the Cheesecake factory in one breath and a dozen Thanksgiving lobsters in the next, yes sometimes you’d meet with her for a pass off of material non-public information and she’d tell you the shellfish you sent were Maine lobsters and she’d specifically request South African lobsters (even though she hadn’t) and then spit in your face and walk away and yes sometimes you’d sit at your desk after she’d reamed you out over the phone for not giving her “the sugar” and fantasize about various ways you could kill her and make it look like an accident but god damn it, this woman knew her shit and when this whole thing blows over you two are going to start working together again because you can’t imagine doing the trading thing without her and you know what? You don’t want to. Read more »