TriBeCa Whole Foods Officially Too Expensive For Area Investment Bankers

Jordan Lupu's allegedly sticky fingers have us wondering about how things are going at BMO.
Author:
Updated:
Original:

We've all heard about the price surge in avocados lately, but this seems a bit rash...

i-Bankers.WholeFoods

An executive at a billion-dollar investment bank was busted at the Tribeca Whole Foods for shoplifting $210 in goods — which he allegedly tried to sneak out in his children’s stroller, court records revealed.
Jordan Lupu, 42, was spotted by store security and busted by cops Feb. 5 as he was leaving the high-end supermarket on Greenwich Street, just a few blocks from his $3 million home.

And before you just assume that Lupu is a mid-level guy at Deutsche Bank who turned desperate after seeing his annual kale budget wiped out by that empty bonus check envelope, think again:

Lupu, the co-head of global prime brokerage at BMO Capital Markets, has a swanky pad in the same building as Breitling President Thierry Prissert, property records show.

Well, don't say we haven't been warning youabout prime brokers lately.

Judging from the details of this whole affair, it seems more than possible that Lupu was using his kids' stroller as a shopping cart and that we might be looking at one big misunderstanding. Either that, or Lupu had a momentary moment of psychosis during which he came to believe that he worked at Barclays.

But if not, we might be all looking at a very useful indicator that things are about to get so bad for asset managers that prime brokers are looking to get the five-fingered discount on $80 jars of organic honey.

So basically: co-head of global prime brokerage at major bank might have been shoplifting from America's most comically over-priced grocery store?...Buy gold!

Bank exec busted shoplifting from Whole Foods using baby stroller [NY Post]

Related

challenger-deutsche

Even Deutsche Bank's Vaunted Prime Brokerage Business Has Turned Into Schieße

You can't have nice things, Christian Sewing, that's how The Curse of Cryan works.

Epstein Deutsche

Deutsche Bank Did Thing, Will Obviously Get Fined For It

Maybe next time listen to those voices asking, “Is it a good idea to do business with a sex offender?”

Daily Fantasy Sports Sites Officially Too Sketchy For Nevada

This is what happens when East Coast tech startups don't pay attention to Joe Pesci voiceovers.

Bezos.Inferno

Jeff Bezos Captures Entire Rich Yuppie Food Supply Chain For Low Low Price Of $13.7 Billion

It's weird to think that Amazon and Whole Foods weren't always together.

Photo: Getty Images.

Intern Licking Credit Suisse I-Banker No Longer A Credit Suisse I-Banker

Paul Dexter is going to have to find new ways to enjoy the summer.