Plainfield Asset Management is back in the news for their role in an alleged predatory lending scheme with a Colorado casino. I reported for Growth Capitalist this week investors in American Gaming Group sued the manager of Wildwood Casino for getting a sweet deal from hedge fund Plainfield to buy the millions in debt the […]
Continue19 Aug
Retail Broker John Carris Investments Accused of Massive Fraud by Regulators
A New York City based retail broker is accused of running his firm rampant with stock manipulation and fraud. I reported today for Growth Capitalist that FINRA wants to shut down and impose hefty fines on George Carris, founder of John Carris Investments, along with executives with in his broker-dealer for a bucket list of […]
Continue6 Aug
The Mess the WSJ Made: Famed trader Joe Lewis not Investing in Bitcoins
The Wall Street Journal had Bitcoin investors all excited Monday morning after it reported legendary currency trader turned investor Joe Lewis was spending a whopping $200 million on a Bitcoin miner company. Except it took only a few hours for CNBC reporter Scott Wapner to call his friends at Joe’s investing firm, Tavistock Group, and […]
Continue2 Aug
The Other Side of Stevie Cohen’s Market Manipulation
The DOJ showed us they want to turn the world’s most famous hedge fund, SAC Capital, into the most notorious hedge fund when it filed criminal charges against the 1,000 person firm last week. SAC, which stands for Steven A. Cohen its founder, is accused of creating a culture where inside trading was encouraged for […]
Continue31 Jul
Parents Host Teen Drinking Party, NCPD Makes No Arrest
Cars wrapped about half a mile down Brushy Ridge road last night as New Canaan teens threw a drinking party at 126 Brushy Ridge road. The noise was so loud from the top of the street I stopped to see if people were all right. I witnessed over half a dozen teens arriving at the […]
Continue15 Jul
Roll-Up King Jonathan Ledecky is Back
A 90’s investment manager who made a killing buying small independent companies in the same business line and stuffing them into a public company is back. Harvard alumni Jonathan Ledecky has just sealed a deal creating the first SPAC in the mobile advertising space. I interviewed the SPAC CEO for Growth Capitalist today who says […]
Continue1 Jul
Baker Capital’s Wine.com Investment Failed- URL Up For Sale
This story has been updated. One of the most expensive URL’s has been put up for sale by Venture Capital firm Baker Capital after nearly a decade of failed attempts to turn a decent profit selling wine nationally online. I reported today for finance trade publication Growth Capitalist that Baker signed an exclusive deal to […]
Continue17 Jun
NCPD Top Dog Krolikowski Wanted to Arrest Officer Pickering for Assault
A criminal incident report on New Canaan police officer Fred Pickering shows NCPD second in command, Leon Krolikowski, thought there was probable cause to arrest Officer Pickering for 3rd degree assault and 2nd degree Breach of Peace. Pickering was put on paid leave in late February after a young black man, Joel Anderson, filed a complaint […]
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