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These Are The Days Of Our (Deluded) Lives

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Despite, among other things:
- Putting Morgan Stanley on his resume (he was a "senior vice president and senior high-tech merger adviser") and then not taking the extra precaution to blackmail John Mack into corroborating the story.
- Stealing $3 million from an escrow account while working at a venture capital firm called Sky Capital Partners in the mid-90s, and, when confronted by his boss, shrugging and telling him, he "just needed the money."
- Being on the phone all day making bets with bookies
- Allowing "tough-looking men" to drop by the office during business hours "all the time"
- Entertaining prosties on the company dime
- Taking $15 million in investor funds and buying himself a Gulfstream IV
- Flying a bunch of girls from work to Vegas, and on the return flight, not sufficiently drugging up onlookers so that they wouldn't be able to give an eye-witness account that he: "had a briefcase stuffed with cash and...started throwing money to the girls, stacks of $10,000. I thought it wasn't right to treat the girls from the office that way, like we were pimps and gamblers." And taking pics!
- Directing employees to "create a phony documents" and then not taking the necessary steps to make sure they don't talk.
- In a moment of weakness, feeling the need to get something off his chest, inviting a partner into his office and going, "Nasar, I want you to know we are in a Ponzi scheme."

David Schindler, an attorney for Mr. Pang, said his client expects to be fully vindicated.


HSBC Chief Can't Believe The Unreasonably High "Standard" Banks Are Held To These Days

The CEO-- whose bank is in a lot of trouble for tax evasion-- is sick of always having to be so perfect, when other industries are allowed to do exactly as they please with zero accountability. And you want to know another thing? He's not going to promise the tax evasion stuff won't happen again.