- Ross’s SJB Said to Raise $1.1 Billion From Einhorn, Elliott
- Gensler Turns Back on Wall Street to Push Derivatives Overhaul
- Kissel May Be Indicted for Murder Next Week, Prosecutor Says Read the rest of this entry »
Tags: Banks, CFTC, David Einhorn, Derivitaves, Elliot Associates, Gary Gensler, Greenlight Capital, Hedge funds, Murders, Paul Singer, Related Cos, Robert Kissel, Scandal, Stephen Ross

If you’re in the market for luxury putt putt, Bernie Madoff’s 90 foot “Bull” could be yours. It’s said to be finally coming on the market after months of being locked up at the port of Antibes. 
Will it be on Ruth’s summer reading list?: More tales of Bernie Madoff,
Poor Ruth: If Ruth Madoff wants to buy something that costs over $100, the world’s gonna know about it. That’s because she now has to document expenditures over that amount and submit them on a monthly basis to liquidation trustee Irving Picard. And if she buys something that Picard thinks is extravagant, he can take it up with the judge who might hit Ruth with a penalty.
Goldman Sex: Ouch. The Goldman Sachs name is being dragged through the mud from every angle these days as the root of all evil. And the latest: A lawyer with Goldman, Todd Genger, a 33 year old married father of three, was caught in a sting where he sex-chatted a supposed 15 year old (who was really an undercover cop) and then travelled to Westchester county to do the deed. If he’s convicted, he’s looking at 1 1/3 to 4 years in prison….
He’s *literally* not cool with them, and he wants to be moved. According to the NY Post: 



The indignity! Even when she goes underground, she can’t escape the prying lenses of the press: Ruth Madoff is photographed by the NY Post using a mode of transportation that she probably hasn’t taken in a forever: the SUBWAY! And the irony is that she’s captured sitting beneath a 99¢ sign. Too funny. 
Unbelievable. Someone put the SEC out of its misery. In a baffling move that only serves to make the them look even dumber, weaker and more pathetically useless than ever, the SEC bumblers let admitted Ponzi schemer Bernie Madoff settle civil charges against him without admitting any wrong doing. SAY WHAT??? No wrong doing? Are they f*cking kidding???? In their infinite wisdom the SEC did ban him from Wall Street, but then again, since he’ll likely be spending the rest of his life behind bars after his June 29 sentencing, BFD. Seems like we’re not the only ones amazed…. 


