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If Stalking Their Son's High School Basketball Coach For Lack Of Playing Time Is Wrong, Investment Manager And His Wife Don't Wanna Be Right

Some people take high school basketball more seriously than others...
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The Kushners!

In the grand tradition of Sports Parents reacting to things that don't go their way on the field/court/ice, there is perhaps no situation more complicated than that of their kid not getting what they believe to be adequate playing time. If an opposing player does something seemingly untoward, the reaction is fairly straightforward: get into a fistfight with said opposing player's parent. If their own kid isn't playing to the standard they've deemed acceptable, it's merely a matter of berating them on the car ride home and/or making them run drills in the backyard 'til the early hours of the morning. But when a coach decides to put some little sh*t in the game while their kid languishes on the bench? It's a little more tricky. Typically, though, there are a few ways to go.

You've got the type of parent who waits for the coach in the parking lot, and decks the guy on the way to his car. You've got the type who looks the coach in the eye and says, "I'm going to have you fired." And you've got the type that tries to curry favor with the coach, inviting him over for dinner and offering him expensive scotch and so on and so forth. Paradigm Capital Group chief David Kushner and his wife are none of these types. They're the kind that instead, allegedly, wage a sustained two year campaign of cyber stalking and harassment to get their kid in the game.

The wealthy New Jersey parents of a high-school basketball bench warmer have been charged with unleashing a two-year barrage of anonymous, negative e-mails in a bid to get the kid’s coach to quit or be fired. David Kushner, 49, founder of a New York investment firm and president of the swanky Alpine Country Club, and his wife, Nanci, also 49, were charged with stalking after allegedly sending the harassing e-mails and letters to Cresskill HS basketball coach and health teacher Michael Doto and to school administrators, according to the North Jersey Record. The wealthy couple have allegedly sent four e-mails to school officials since February 2013 under fake names and anonymous e-mail addresses, hoping to get Doto dismissed from his job, according to the criminal complaint. They are also accused of making up the e-mail account in order to message him directly “with the purpose to annoy and create emotional distress,” the complaint said. Their most recent alleged electronic heckling came in March, when Doto received four harassing letters at his home...Both Kushners pleaded not guilty to the top charge, fourth-degree stalking, during a hearing in Cresskill Municipal Court on Thursday.

Will the couple double down and start offering a night course out of their house before next season called "How to Influence Coaching Decisions And Win Playing Time For Your Kids 101"? We'll just have to wait and see.

Parents ‘stalked’ coach who put their kid on the bench [NYP]
Hedge fund boss and wife charged with stalking and harassing high school basketball coach because 'he benched their teen son' [NYDN]


Connection To A Company Called "Yeah Baby" Not Even The Best Part Of "High School Buddies" Insider Trading Scam

Over the past several years, much has been made about the supposed incompetence of the Securities and Exchange Commission. The regulator failed to realize Bernie Madoff had been running an illegitimate Ponzi scheme, despite more or less being told by Bernie Madoff himself, "I am running an illegitimate Ponzi scheme." It went after David Einhorn, when it should have been going after Allied Capital, the company the hedge fund manager told them was committing fraud. Its proposal for stepping up investigators' games was to start a Fraud College.* Until recently, it employed individuals in the office responsible for "ensuring exchanges follow guidelines audits, security, and capacity" who had "little or no experience with exchange technical matters." At this point, there have been so many stories about the SEC getting things wrong that the default is to assume it fucked up, even when that is not actually the case. What's more, even when Team Schapiro is on top of its game, resources are so strained that many scams that should be caught fall through the cracks. So you can maybe understand why a group of "high school buddies," along with a few other guys they picked up along the way, who were engaging in securities fraud, weren't too worried about getting caught.