Archive for the ‘Sports’ Category

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  • Morgan Stanley reshuffles to take on Goldman
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  • Apollo Investment plans to sell 10 million shares
  • Barclays Says Lehman Brokerage Sale Gave It No ‘Secret’ Gain
  • AIG General Counsel Kelly May Depart After Protesting Pay Limit
  • Judge Approves CIT Group’s Restructuring Read the rest of this entry »
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After his speech was over, the last question for Bernanke:

Q: Do you think Alex Rodriguez still gets into the hall of fame? (crowd laughter)
Bernanke: "I love baseball"  (crowd laughter; Bernanke grins)

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Andrew Giuliani, son of Former mayor / former presidential candidate Rudy
Giuliani, was kicked off the Duke University golf team last February for reasons
that aren’t really clear, and he’s suing the school and the coach. 
Giuliani, a senior and an aspiring pro golfer, was illegally kicked off the team
in February without warning according to the law suit.  The
report was reported in the Duke newspaper
, The Chronicle.  According to
the suit, Giuliani could be reinstated to the team only with written letters of
support from each team member, and the coach was said to be threatening to cut
anyone who provided that support.  The younger Giuliani hasn’t asked his
dad for support.   He told Newsday: "I love my father very much," …"I just decided not to ask him to get involved in the situation." 
According to the NY Post’s account:

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Also of note in this week’s Page Six Magazine

Posted by WSF On July - 14 - 2008

In addition to telling us who needs to be schmoozed to get into the best New York coops, New York Magazine has more of interest in this week’s issue:

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Even though Bear Stearns, the company, collapsed and is no more, its lacrosse team lives on, at least for now.  And last night, they gave Lehman Brothers a flogging, beating them on the field by the score of 11-4. 

Peter LeSueur scored four of Bear Stearns’s
goals, leading the team to victory at Baker Field in Manhattan three months
after the firm collapsed and was forced to sell itself to JPMorgan Chase &
Co.

“It’s been something that we’ve been able to look forward to,” said LeSueur,
who played lacrosse for Johns Hopkins University from 2002 to 2005. “There were
a lot of question marks surrounding the firm in the last couple of months, and
just for fun we were able to keep our focus on this and know that we’d be able
to play together and maintain our friendships.”

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Video: Brawling soccer fans in Columbia

Posted by WSF On March - 9 - 2008

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Fox Business: Office pools are just plain wrong!

Posted by WSF On January - 31 - 2008

All we have to say about this guy is: Pffffffft

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Noto leaves team Goldman Sachs for the NFL

Posted by WSF On January - 17 - 2008


Merrill Lynch research analyst Anthony Noto is leaving team Goldman Sachs for the NFL where he’ll become their new CFO…..

Noto, who joined
Goldman in 1999, was the top-ranked analyst for research on the
Internet industry by Institutional Investor magazine from 2003 to 2007
and runs the communications, media and entertainment team. The NFL’s
CFO role has been vacant for five years, spokesman Greg Aiello said
today in an e-mail.

Noto, 39, a linebacker at the U.S. Military Academy, was an Army Ranger
and received a Master of Business Administration degree from the
University of Pennsylvania’s Wharton School. The former army captain,
who starts at the NFL in February to oversee finance and strategy,
joins three prominent Goldman bankers who took jobs in sports.

“If the NFL was interested in pursuing public equity or private
equity, he would be an interesting hire for them,” said Randy Befumo,
director of research at Baltimore-based Legg Mason Capital Management,
which manages $68 billion in assets. “I wouldn’t assume this is just a
punt job for him.”


NFL Hires Goldman Sachs Top-Ranked Analyst as CFO
– Bloomberg

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Here’s the video of another Wall Street Boxing Charity Championship featured fight that took place last week in NYC’s Hammerstein Ballroom. This one is between Rockefeller & Co’s Louis "El Guapo" Sobong and American Technology Research’s Brian "Too Sharp" Tack.  Brace yourself for the shrieking woman cheerleading and shouting out directions at the top of her lungs to Sobong, and be prepared to adjust the volume. Otherwise, you, like us, might feel urge to become violent by the end of the tape.

You can find another featured match of Bear Stearns’ Josh "The Matrix" Weintraub lay waste to Goldman Sachs’ Shane "Second Coming" Kinahan here.

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"Don’t fuck with the Bear!!!" yelled Weintraub after claiming victory over his Goldman Sachs nemesis in less than one round at the Extell Wall Street Boxing Charity
Championship
.   Here’s the blow by blow action as it went down on the evening of November 1:

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Wall Street pros will step out of the trading ring and into the boxing ring tonight for charity.  Sixteen of Wall Street’s finest, all men, will duke it out at the Hammerstein Ballroom in NYC.  Judges for the brawls include former heavyweight champions Larry Holmes and Lennox Lewis……

When Josh “The Matrix” Weintraub
[pictured at left] of Bear Stearns Cos. steps into the boxing ring tonight, he
will have 130 supporters in his corner as he fights Goldman Sachs Group Inc.’s
Shane “Second Coming” Kinahan in a charity match.

Weintraub and Kinahan are two of the 16
Wall Street professionals — all men — who have trained since August to beat
each other up in a series of three-round bouts. Almost 800 friends, family,
colleagues and guests paid as much as $800 apiece to watch and dine on beef
tenderloin and Guinness ice cream.

The first Extell Wall Street Boxing Charity
Championship will raise money for organizations including the Prostate Cancer
Foundation and Hedge Funds Care, a New York-based group that combats child
abuse. Tuesday’s Children, which helps families of Sept. 11 victims, and Say Yes
to Education, which aids inner- city school kids, also will benefit from
tonight’s black-tie gala at the Hammerstein Ballroom in Manhattan.

“It seemed a great way to contribute my
time and energy to help the community and at the same time do something I like
to do,” said Weintraub, 37. The mortgage bond trader, who sold tickets to
friends and colleagues, is raising money for the Valerie Fund, an organization
that aids children with cancer. “The night will be full out.”

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Hedge fund honcho’s son helps the Red Sox to victory

Posted by WSF On October - 6 - 2007

The 17 year old son of a well known hedge fund guru caught a pop foul ball that helped keep the Red Sox’s American League Division Series hopes alive.  Ultimately they won the game.  Turns out the kid was Danny Vinik, son of former hotshot Fidelity Magellan manager turned hedge fund manager turned semi-retired personal investor Jeff Vinik.  Vinik is also a limited partner of the Red Sox:

One important fan was on the Red Sox side
and outfought Los Angeles catcher Jeff Mathis for a foul pop by Ramirez in the
fifth. Ramirez ended up walking and Mike Lowell hit a sacrifice fly that tied
the game 3-3. Had Mathis made the catch, that fly would have been the third out.

"That was awesome. I saw it from third base" said Dustin Pedroia, who
reached there on a double and groundout. "That guy’s great. I heard it was
one of the owner’s sons."

"Everybody was giving me high-fives," Vinik said. Among the
well-wishers was mystery writer Stephen King, a devoted Red Sox fan sitting
behind him and one seat over.

Since Vinik didn’t reach over the low fence, his catch wasn’t interference.

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LingerieLeague-002

San Francisco investment banker Bill Hambrecht (founder of Hambrecht & Quist) and his partner, Google senior exec Tim Armstrong are each ponying up $2 million to start a new football league to rival the NFL.  It’ll be called the United Football League.  It’s first owner:  billionaire and Dallas Mavericks’ Mark Cuban.:

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Bicyclistbusinessman004jpggifScrew the long hours.  This is one six year investment banking veteran who’s not letting anything get in the way of his passion for cycling:

6 years in, at the Vice President level, I can say that the transformation has been somewhat fulfilled. Now I am an investment banker; investment banking has permeated all aspects of my life. I’m relatively impatient at reaching conclusions, I scowl upon ineptitude, I process most of what life presents me through a fairly analytical set of processes, and my cash burn rate has steadily increased. These are just a few of the numerous implications, but the one I’ll elaborate on is a greater appreciation for "time is money". The opposite of which is "money is time". So if I want to buy myself more recreation time, I spend a few dollars to open up times for recreation which I didn’t possibly consider.

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New Segway scooter for you golfers

Posted by WSF On November - 10 - 2006

Segwayx2golfedition002

Gizmodo tells us that the folks at Segway have introduced a golf version of their scooter.   Pricing isn’t yet available.   We sure hope this version of the Segway scooter has fewer problems than the consumer version that was recalled in September (all 23,500 of them!)

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Robertreynoldsfidelity001Robert Reynolds, vice chairman and chief operating officer at Fidelity Investments has been chosen as one of the five finalists being considered for the NFL commissioner gig….

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