The pandemic lockdown is at least partly to blame for that rather unfortunate instant message.
But at least he’s not going to jail for 18 months.
Dan Kamensky may go from predicting jailtime to getting it in less than a year.
Ten cents per share extra now seems a very small price to pay.
Because that judge will be the one fulfilling his prophecy about going to jail.
Jail? Probable. $60 million? Not quite.
Jail is not sufficient. $60 million and subordinated claims might be.
‘Cause he’s not gonna do the latter anymore.
I’m no lawyer but that just seems like a bad idea.
Did a hedge fund manager learn a little too much from his erstwhile enemies?