Goldman Sachs Morgan Stanley Banker Prefers Dinner Over Sex With Blackstone Debutante Novelist


Remember that big party we got thrown out of? Apparently it devolved into something of a roast of Holly Peterson, the daughter of Blackstone Group co-founder Pete Peterson. At one point the "stone" himself joined in, saying his daughter is "the most egregious self-promoter in America."
But the rich really are different. As they say, they have sex less often. (The jury is still out on whether they do it with fewer clothes on.) Here's the New York Post's Liz Smith writing about Holly and her husband's intimacy issues.

Holly's handsome husband, Rick Kimball, thanked his wife for keeping her maiden name and not putting his on her novel. He has been trying to keep people where he works from finding out who he is married to.
He noted that Holly told him when slaving over the book: "From here on in, it's either dinner or sex, but not both!" Rick quipped that it was lonely to eat dinner by himself every night. Holly grabbed and kissed him in the middle of his remarks.

Last time we checked, Rick Kimball worked at Morgan StanleyGoldman Sachs.
New Party Starts For Paris [New York Post]


Guy Who Was Fired By Goldman Sachs For Amassing "Inappropriately Large" Position Welcomed With Open Arms At Morgan Stanley

Back in December 2007, things weren't going so well for Matthew Marshall Taylor. He'd just been fired from Goldman Sachs and not only was he out of a job, but his prospects for finding a new one didn't look so hot, on account of the fact that Goldman planned to put a note in his file detailing the reason he'd been let go-- "for building an 'inappropriately large' proprietary trading position"-- and it seemed unlikely anyone at the firm would be open to serving as a reference for him moving forward.  Three months later, however, one bank told MMT that there was room for him at their inn. Morgan Stanley, apparently having decided the incident at Goldman was but an asterisk in what would be a long and fruitful career, told Taylor to come on down, employing him for over four years until he left in July of his own accord and not because of any legal issues relating to his work at Goldman Sachs. Taylor was accused yesterday by the U.S. Commodity Futures Trading Commission of concealing an $8.3 billion position in 2007 that caused Goldman Sachs to lose $118 million. Goldman Sachs fired Taylor in December 2007 and cited “alleged conduct related to inappropriately large proprietary futures positions in a firm trading account,” in a so-called U-5 form, according to a Financial Industry Regulatory Authority document. Morgan Stanley, which had employed Taylor before he joined Goldman in 2005, re-hired him in March 2008, according to the records. Taylor, who handled client-related equity derivative trading at Morgan Stanley, left the firm in July, according to Mark Lake, a company spokesman in New York. His departure wasn’t related to the CFTC complaint filed against Taylor yesterday in federal court, according to a person familiar with the situation, who requested anonymity because the information is private. Taylor concealed the position by bypassing the firm’s internal system for routing trades to the Chicago Mercantile Exchange and manually entering fabricated futures trades in a different internal system, according to the complaint. Goldman Sachs, which wasn’t identified in the CFTC lawsuit, said Taylor allegedly made the trades while employed at the firm. Anyway, since MMT is a free agent at the moment, if any other banks would like to overlook the blip, please do get in touch directly. Citi, BofA? At least just think about it. He was good enough for Morgan Stanley, he should be good enough for you. Morgan Stanley Hired Goldman Trader Accused Of Hiding Position [Bloomberg] CFTC Charges Matthew Marshall Taylor with Fraud for Fabricating and Concealing Trades from His Employer and Obstructing Their Discovery [CFTC]