Blanche DuBois Starts Hedge Fund

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Ping Jiang, the man who revolutionized trading at SAC Capital, has started his own hedge fund. Previous to branching out on his own, Jiang maximized returns at SAC by *allegedly* requiring those who worked under him to take female hormone pills and wear dresses, operating on the principle that traders were too aggressive, and that Steve Cohen could be made an even richer man if everyone's voice were a little higher pitched. Jiang was relived of his duties at the Stamford-based firm in March, not because of the push-up bras, but, according to those with their fingers on the pulse of cross dressing, the fact that he wasn't making any money. Jiang's new venture will be called Ping Capital Management. No pornification necessary.
Earlier: People Moves: Blanche DuBois Out At SAC
Ex-SAC Capital Trader Ping Jiang Starts Hedge Fund [Bloomberg]

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