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.
Neiman Marcus’ Geoffroy van Raemsdonck is feeling himself a little too hard.
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?
Maybe next time listen to those voices asking, “Is it a good idea to do business with a sex offender?”