Skip to main content

Will The Suffering Ever End?

  • Author:
  • Updated:

Founder and general partner of United Capital Asset Management, John Devaney, whose fund booked a 30.4% loss for June, is not in a good place. After senselessly being forced to put his yacht, inaptly named “Positive Carry,” on the market, in addition to his ski lodge, further losses have made it necessary for the captain-no-longer to put his helicopter, a Sikorksy S76C, up for sale as well.
According to the brochure carrying the listing (asking price: $10.995 million), the reason for the sale is a “change [in] corporate travel requirements.” Possible buyers include Ben Bernanke and the Citadel commodities desk, which is categorically NOT blowing up, and can obviously afford it). Personally, we’re all pretty broken up about the news over here. Specifically, that there aren’t any available glamour shots of Devaney in front of the chopper. (Yet.)
Earlier: When Words Bite You In The Ass: John Devaney
He's Grounded [NYP]