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George Costanza
 

Thanksgiving Weekend Stub-Bonus Bananas - November 23, 2012

TheKing's picture
O
 
Points)
 on 11/23/12 at 7:30am
Drake's Devil Dogs

Happy belated Thanksgiving, everyone. If you're suffering from a brutal food hangover like I am, then your Thanksgiving was assuredly a success.

I never quite understood why banks insisted on being open the day after Thanksgiving. This should ve a universal holiday, as far as I'm concerned. Besides, even if you're in the office today, you're going to be mailing it in. And you won't be alone in doing so.

So, I figured I'd deliver a small dose of Bonus Bananas to help those of you who have to work get through the day. For those not stuck in an office, you can enjoy them as well.

Ex-SAC Capital Manager Claims the Fund Trades on Inside Information

TheKing's picture
O
 
Points)
 on 10/2/12 at 3:30pm
Steven A. Cohen (Costanza?)

According to a Bloomberg News report, a former portfolio manager at SAC Capital told the FBI that it was understood that inside information was used in crafting trade ideas for Steven A. Cohen, SAC's founder and manager.

The portfolio manager in question is Noah Freeman, In February 2011, he pleaded guilty to securities fraud after speaking to FBI agents and Federal prosecutors in New York in a proffer session. Per Bloomberg:

At SAC Capital you were expected to provide your trading ideas to Cohen,” Freeman said, according to a Dec. 16, 2010, memo written by FBI Special Agent B.J. Kang. “Freeman and others at SAC Capital understood that providing Cohen with your best trading ideas involved providing Cohen with inside information.

Professional Sports Team Management

burnt tangerine's picture
(Baboon, 120
 
Points)
 on 5/13/12 at 4:28pm
2011.jpg

Does anybody here know the ins and outs of this industry? I know there are 2-3 people on the HBS public profiles that had their backgrounds in working for organizations like the Dodgers or other teams. What is the pay like? Would MBB be useful for breaking in? IBD?

Thanks.

*I am not talking about talent agents for individual players