Hedge Fund Manager Who Faked His Own Death Has A Few Theories About Other Famous Murders, Real And Imaginary

Remember Samuel Israel III? For those with short memories, SI3 is a former hedge fund manager who faked his own death in June 2008 with the help of his girlfriend, Debra Ryan, who later wrote an article explaining her actions by noting that she and Israel had "a blazing sex life" that was hard to walk away from (Ryan shared colorful anecdotes that included all the times Israel would "[jokingly] sneak up on her, once while wearing sunglasses on his penis"). For Israel's part, he had pretended to kill himself, incorporating a line from M*A*S*H into his fake suicide note, in an attempt to avoid the prison stay that was coming his way, on account of having taken Bayou Group investors for more than $450 million. At the time, he became something of a minor celebrity, whose business card, prominently featuring an egret, was auctioned off on eBay but since ultimately being sentenced to twenty years behind bars we'd heard nary a peep from the guy. Luckily, Andrew Ross Sorkin recently flew down to Butner, North Carolina for a little chat and it's a good thing he did because Israel had a lot he wanted to get off his chest. After offering ARS an "orange Life Saver," discussing his own version of a playoffs beard ("Mr. Israel...was wearing a tan prison uniform with his hair grown out, a mass of silver and brown curls sprouting from the sides of his bald head. 'I’m never going to cut it until I get out,' he exclaimed"), and talking Ponzi schemes, SI3 got down to the real matter at hand. About halfway through, the interview turned bizarre when Mr. Israel, on the verge of crying, announced: “I took a man’s life. I shot him twice.” I asked for more details. The story is recounted in “Octopus,” but the author, Mr. Lawson, doesn’t appear to believe it. In the supposed slaying, Mr. Israel describes himself defending a known con man, Robert Booth Nichols, who claimed to have once worked for the Central Intelligence Agency and has since died. Mr. Nichols was undertaking a secret trade at a German bank and was ambushed outside by a cockeyed “Middle Eastern guy.” Mr. Israel says he shot the ambusher in the hip and then in the head. He looked at me, shaking, and said, “I’ve seen someone with their head blown off maybe two feet back — as close as I am to you.” Mr. Israel recognized my skepticism. When I asked him what happened to the body, he said, “Bob made a couple of calls.” Again, I looked at him quizzically. “These people can do anything. They can get rid of a body,” he said. “Come on,” he added, looking at me as if I didn’t understand. “They can kill presidents.” I wasn’t sure what he was talking about. “The J.F.K. thing,” he said. He went on to tell me that he had videotapes of Kennedy’s assassination and that one was stolen by the F.B.I. “I know it makes me look like a crackpot,” he said. “But I know it’s real. Look into my eyes — I don’t care if people think I’m crazy.” Egrets. A Con Man Who Lives Between Truth And Fiction [Dealbook]
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Remember Samuel Israel III? For those with short memories, SI3 is a former hedge fund manager who faked his own death in June 2008 with the help of his girlfriend, Debra Ryan, who later wrote an article explaining her actions by noting that she and Israel had "a blazing sex life" that was hard to walk away from (Ryan shared colorful anecdotes that included all the times Israel would "[jokingly] sneak up on her, once while wearing sunglasses on his penis"). For Israel's part, he had pretended to kill himself, incorporating a line from M*A*S*H into his fake suicide note, in an attempt to avoid the prison stay that was coming his way, on account of having taken Bayou Group investors for more than $450 million. At the time, he became something of a minor celebrity, whose business card, prominently featuring an egret, was auctioned off on eBay but since ultimately being sentenced to twenty years behind bars we'd heard nary a peep from the guy. Luckily, Andrew Ross Sorkin recently flew down to Butner, North Carolina for a little chat and it's a good thing he did because Israel had a lot he wanted to get off his chest.

After offering ARS an "orange Life Saver," discussing his own version of a playoffs beard ("Mr. Israel...was wearing a tan prison uniform with his hair grown out, a mass of silver and brown curls sprouting from the sides of his bald head. 'I’m never going to cut it until I get out,' he exclaimed"), and talking Ponzi schemes, SI3 got down to the real matter at hand.

About halfway through, the interview turned bizarre when Mr. Israel, on the verge of crying, announced: “I took a man’s life. I shot him twice.” I asked for more details. The story is recounted in “Octopus,” but the author, Mr. Lawson, doesn’t appear to believe it. In the supposed slaying, Mr. Israel describes himself defending a known con man, Robert Booth Nichols, who claimed to have once worked for the Central Intelligence Agency and has since died. Mr. Nichols was undertaking a secret trade at a German bank and was ambushed outside by a cockeyed “Middle Eastern guy.” Mr. Israel says he shot the ambusher in the hip and then in the head. He looked at me, shaking, and said, “I’ve seen someone with their head blown off maybe two feet back — as close as I am to you.” Mr. Israel recognized my skepticism. When I asked him what happened to the body, he said, “Bob made a couple of calls.” Again, I looked at him quizzically. “These people can do anything. They can get rid of a body,” he said. “Come on,” he added, looking at me as if I didn’t understand. “They can kill presidents.”

I wasn’t sure what he was talking about. “The J.F.K. thing,” he said. He went on to tell me that he had videotapes of Kennedy’s assassination and that one was stolen by the F.B.I. “I know it makes me look like a crackpot,” he said. “But I know it’s real. Look into my eyes — I don’t care if people think I’m crazy.”

Egrets.

A Con Man Who Lives Between Truth And Fiction [Dealbook]

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Woman Who Helped Sam Israel III Fake His Own Death Still Has Only Nice Things To Say About His Passion In The Sack, Department Stores

Remember Debra Ryan? For those who need a refresher, she was the woman behind the man that was Sam Israel III, the hedge fund manager who, with the help of DR, faked his own death in 2008 to avoid the prison time that was coming his way as a result of scamming investors in the Bayou Group out of $450 million. Several months after Israel was caught, Ryan penned an article for Marie Claire, explaining that she'd gone to great, illegal lengths to help him stay out of the big house because of all the "blazing sex life" they had, which see wasn't ready to give up. Though she was clearly not ready to move on ("I should just see it at face value and say he [screwed] me," she noted. "But I can’t let go") one would have thought that time and the three years probation Ryan was sentenced to would have helped her get over the guy who used to sneak up on her "while wearing glasses on his penis."  Apparently, though, such is not the case, as evidenced by Debra's contribution to a new book about Israel by Guy Lawson called Octopus, in which we learn that she is still carrying a torch for the guy the burns nearly as the fire in both their loins. "The next morning was Debra's birthday. She and Sam woke and made love-passionate, frantic, intense love. But as soon as they joined up with the Nicholses the atmosphere turned claustrophobic once again. Debra wanted alone time with Sam. But the Nicholses wouldn't leave them be for even a moment. Left with no choice, the two couples went for a stroll through the historic section of Zurich...wandering the old city was pleasant and exciting for Ryan. "I was starting to have a nice time," Ryan recalled. "Sam always wanted to spend money on me but I wouldn't let him. but this time he took me to a nice clothing store and bought me a bunch of new clothes. He was a great shopper- he could pick out clothes from the rack and they'd fit me perfectly. As we walked in one store, Sam turned me around and grabbed my face and kissed me with so much passion. We started to make out in the store, on the spur of the moment. I had never done that before, and I have never done it since. It was the best kiss ever." Octopus: Sam Israel, the Secret Market, and Wall Street's Wildest Con [Amazon] Related: Claim: Sam Israel’s Investors Gave Him Money Because They Liked Animal-Loving Cokeheads Who Looked Good In Women’s Underwear And Cowboy Boots Related: Hedge Fund Manager Who Faked His Own Death Has A Few Theories About Other Famous Murders, Real And Imaginary

German Hedge Fund Manager Who Fled To South America And Lived Under An Assumed Name For 5 Years To "Find Meaning" In His Life Has Learned A Few Things

The bits of wisdom Florian Homm picked up during his stay in Colombia, where he was getting some "me time" and not trying to distance himself from angry investors whose money he'd lost, can be found in the book he wrote about living underground (“Kopf Geld Jagd"), which he hopes will be a "hard-core wake-up call" readers who are "trying to get a second Mercedes and a bigger boat." For those who can't wait for the English version, from an interview with the Times we learn:

Area Hedge Fund Manager Takes President's Breath Away

From the front lines: From: Whitney Tilson Sent: Wednesday, April 11, 2012 11:20 AM Subject: My column: "A millionaire for higher taxes" In DC, just chatted with Obama and stood behind him at his press conference re the Buffett rule. Just published the column below on the Washington Post web site. As I shook his hand beforehand, I said, "Hi Mr. President, I'm Whitney Tilson of Democrats for Education Reform. We were early supporters of yours and I just wanted to thank you and Arne Duncan for the incredible work you're doing." His eyes lit up and he said, "I remember your early support. We're making progress but we still have a lot of work to do." I said, "We'll keep fighting for you" as he was hustled out of the room to start the press conference.

Woman Whose Ex-Hedge Fund Husband Demanded A Cut Of Her Shoes Just Rubbing It In His Face At This Point

Back in June, hedge fund manager Daniel Shak sued his ex-wife, Beth, over assets he claimed she'd hid during the couple's divorce. Said assets were Beth's shoes, which Daniel alleged were kept in a "secret room" and were worth approximately $1 million, 35 percent of which he wanted. It was a bit unclear as to why he was going after the footwear collection three years after the two split (though using the proceeds to relaunch his fund was a possibility) but the heart wants what the heart wants. Anyway, today brings just a couple follow-ups on the Shaks, both of which are slightly more exciting for Beth than Dan. 1. He won't see a single pair of Loubs. A civil suit brought by poker professional Dan Shak against his ex-wife, fellow poker pro Beth Shak, regarding her extensive shoe collection was dismissed in a court in New York after Mr. Shak advised his attorneys that he didn’t want to pursue the issue any further...the opening arguments apparently doomed the case in the eyes of the male Shak. Ms. Shak testified to Judge Daniele that her shoe fetish grew as a response to repeated denials of emotional attention from Mr. Shak. “I would not call these shoes a collection, I would call them a sickness at a particular point in my life,” Beth Shak testified to Judge Daniele as she recounted how Dan Shak would refuse her attempts at romantic encounters, according to the Post. “I tried to get him to go to therapy with me, but it just didn’t work,” the Post quotes Ms. Shak as testifying. “I was so unhappy with my marriage that all I did was shop. There was nothing to our relationship…he and I had nothing.” Further into her testimony to the court, Ms. Shak stated that not only did Mr. Shak know about the shoes but even signed off on all the bills as they came before him. After a break following Ms. Shak’s testimony, Mr. Shak apparently had a change of heart regarding the lawsuit. His attorneys informed Judge Daniele that their client wanted to withdraw the case, which Judge Daniele quickly granted. Looking square at Mr. Shak as she dismissed the case, Judge Daniele is quoted by the Post as stating, “Well, thanks for wasting everybody’s time.” 2. She's going into the shoe business! Now that that the suit is over, Shak, who has an image of a pair of Louboutons tattooed just below her waist, is concentrating one what's next — the launch her own line of shoes. Dan Shak Drops Lawsuit Against Beth Shak Following Opening Arguments [PND] Sexy Singles 2012: Beth Shak [Philly]