Dana Vachon's Kia Spread TK

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Note: This photo accompanies an article on hedge funds by Tom Wolfe, not about Tom Wolfe, but damn if this shot doesn’t say, "‘I eat hedge funds like you every day for breakfast, Stevie Cohen. Not so much you, Griffin. I’'m telling you, the older I get, the less I can take big meals after 5. Plus, I find that the standard “'Wait 15 mins before swimming' rule’ practically triples and low impact aerobics is really all I can do these days'."” What Portfolio fails to mention here is that Tom, like most people in his peer group, has had his license revoked for some time.


Gruntal And Co: Out Of This Cocoon A Beautiful Butterfly Spread His Wings

Those of you who haven't spent a good deal of time poring over the biographical details of Steve Cohen, as though you were preparing to write a dissertation on The Big Guy, may not be aware that he was not in fact born on the Stamford trading floor, wearing glasses and a zip-up fleece. In fact, there was life before SAC Capital and actually a time when Cohen did not work at a place where the office bore his initials in the lobby in 12-foot font. Cohen grew up on Long Island, the son of a dressmaker  and after college got his start at a company called Gruntal & Co, which a former employee who worked there at the same time as SC describes in tremendous detail today.