Today at 1pm in Hartford, Conn. federal court executives of Ridgefield-based hedge fund New Stream Capital were indicted on 19 counts of conspiracy, securities fraud and wire fraud. Tom Carson, DOJ pressman, confirmed the arrest of David A. Bryson and his co-founder Bart Gutekunst along with his CFO Richard Pereira last week. The case has […]
Continue24 Feb
Reuters is Writing Stories to Help JP Morgan Defend Itself from the NYAG Now
J.P. Morgan’s outside counsel at Sullivan & Cromwell are showing signs of desperation in their mortgage securities fraud lawsuits. You know the ones that the bank says in SEC fillings are now $140 billion of litigation. Last week the banks lawyers got a Reuters reporter to write a hit piece on the New York Attorney […]
Continue17 Feb
New Canaan’s The Tuscan: Cash Crunch & Sex Den Rumors Led to Rich Chef Failure
UPDATE 1-14-14: Marc is apparently still having money troubles. This time he was arrested for credit card fraud. The Darien Times is reporting he gave the local cops a digital road map to find who was responsible for withdrawing cash from a women’s account when she left her card transaction unfinished at the Darien Stop […]
Continue10 Feb
About That Twitter Thing I Did That Has Tons of Techies Mad at Me
I have a small group of bloggers really really mad at me for asking them to remove a copyright photo I own from online stories they’ve been writing about how I think twitter can be used. I’ve been ridiculed, sent hate mail, and had attack post written on nearly everything I have or might have […]
Continue5 Feb
First RMBS Putback Suit Win Says Bank Has to Pay it All Back
Tonight a New York federal judge, Rakoff, gave monoline Assured Guaranty a huge win. His trial award was near 100 percent of the toxic loans Assured claimed Flagstar Bank had to pay them back. I have been reporting on resi mortgage security putback suits for three years now and this is the first civil suit […]
Continue5 Feb
Hedgie Harassed by Pizzas also Managed Toxic CDO in DOJ’s S&P Lawsuit
Yesterday I reported on a New Canaan hedge fund manager who had a guy arrested for calling him multiple times saying he was a crook for working at Bear Stearns. The headlines were about some kind of harassment going on where the guy was obsessed with Higgins wife – who he use to date. I […]
Continue4 Feb
Hedgie James Higgins Threaten by Wife’s Ex-Lover
A New Canaan hedge fund manager was subject of a news event last week after reporting he and his wife were being harassed on the phone by a man who allegedly wanted to break them up and then force the hedgie to eat pizza. The initial news report said the man was giving the hedgie […]
Continue3 Feb
Ruth Jones Empire Keeps Crumbling
UPDATE 8-26-13: Ruth Jones was arrested for three counts of larceny felony charges in a real estate scam this week that involved her allegedly renting out the home of NBC senior producer Jennifer Hilton, and keeping the rent money, after she was hired as a listing agent to sell the home. Ruth’s son, Adam Jones, […]
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