Wanna come up to Crown Lane and go long Citi with me?
The FBI is back digging into Little Stevie Cohen’s trading company for insider trading. Nothing too surprising about that, but get this:
One of the SAC employees Kang interviewed during his investigation was former SAC analyst Andrew Tong, who accused his male supervisor, Ping Jiang, then a top SAC trader, of forcing him to have oral sex, dress in women’s clothes and take female hormones, Reuters said.
I read yesterday that SAC Capital has made 27% a year since inception. I’m amazed they have time to do that. As an aside, the fellow to the left looks a lot like a certain Riversider I knew who abruptly left Stevie’s employ a few years ago. You don’t suppose ….
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CF Don’t be so hard on him. This will finally be his chance to sell the Hirst shark in the soup and feed the needy. He’s probably given away hundreds by now.
Dude -
I like you. I don’t know why. You have no discernable skills, talent, or sense of humor.
So here is a tip. Don’t mess with Little Stevie. He won’t take it in good fun like I do.
So you noticed the consistent UNBELIEVABLE returns!!
Boy he must be smarter than everyone else. And the normal commission scale (you remember what a commission is, right Dude?) is 2/20. Little Stevie gets 5/50!!!!
Plus he trades more daily volume than anyone on the Street. But he pays full freight!!! Doesn’t ask for a volume discount?
Seems right to me.
But I do want a ride on the zambroni pony. So mum’s the word.
Your Pal,
Walt
Mike?
Nah, Mike hasn’t worn a mustache in years and rarely wears garters – that I know of.
Steve rules. Great trader.