Comments on: Fool Him Twice: Jerome Fisher http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm We dividend our ad money to you. Thu, 11 Mar 2010 05:51:52 -0800 http://wordpress.org/?v=2.9.1 hourly 1 By: palm beach lady http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-134804 palm beach lady Sat, 31 Jan 2009 13:54:51 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-134804 Did it EVER occur to you that Mr. Fisher has been preoccupied with worry over his only daugher suffering from terminal leukemia? Get over yourself, Johnny Debacle. Did it EVER occur to you that Mr. Fisher has been preoccupied with worry over his only daugher suffering from terminal leukemia? Get over yourself, Johnny Debacle.

]]> By: Anal_yst http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-128024 Anal_yst Wed, 24 Dec 2008 03:31:58 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-128024 Wait, wait wait. Those f*ckers from KL managed to get away with lets conservatively say $150m and blew it all?!?!? Wtf man, you gotta at least throw like $10m into a Cayman trust with maximum annual withdrawal limits or something just in case, ya know, your degenerate tendencies get the best of you (as they are wont to do). Wait, wait wait. Those f*ckers from KL managed to get away with lets conservatively say $150m and blew it all?!?!?

Wtf man, you gotta at least throw like $10m into a Cayman trust with maximum annual withdrawal limits or something just in case, ya know, your degenerate tendencies get the best of you (as they are wont to do).

]]> By: To The Hilt http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127977 To The Hilt Tue, 23 Dec 2008 21:20:54 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127977 "A fool and his money are lucky enough to get together in the first place." -Gordon Gekko “A fool and his money are lucky enough to get together in the first place.”

-Gordon Gekko

]]> By: Straight Cash Homie http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127957 Straight Cash Homie Tue, 23 Dec 2008 18:15:12 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127957 Actually, many of the people who got out of Bayou in advance of the fraud news actually had to give back interest and a large chunk of principle. link: http://www.reuters.com/article/newsOne/idUSTRE4BG0DT20081217 There were no profits. It was just other people's money," said Brad Alford, who runs investment adviser Alpha Capital Management LLC in Atlanta. Alford is well versed in fraudulent conveyance after one of his clients withdrew money from a $450 million scheme by Connecticut hedge-fund company Bayou Group LLC a year before it collapsed in scandal. "We ended up settling with the estate, giving back all the profits and half of our principal." Actually, many of the people who got out of Bayou in advance of the fraud news actually had to give back interest and a large chunk of principle.

link: http://www.reuters.com/article/newsOne/idUSTRE4BG0DT20081217
There were no profits. It was just other people’s money,” said Brad Alford, who runs investment adviser Alpha Capital Management LLC in Atlanta.

Alford is well versed in fraudulent conveyance after one of his clients withdrew money from a $450 million scheme by Connecticut hedge-fund company Bayou Group LLC a year before it collapsed in scandal. “We ended up settling with the estate, giving back all the profits and half of our principal.”

]]> By: Pleb http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127946 Pleb Tue, 23 Dec 2008 15:55:24 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127946 <i>Tein said the trio lost about $20 million to $30 million of investors’ money through bad investments. . .</i> What a bunch of pikers. Only $20 - $30 million? You need to lose several tens of billions *minimum* if you want people to think you're qualified to run a serious investment bank. Losing a couple tens of millions, and stealing another hundred or so? Why are we even talking about these mini-ballers again? Oh yeah, that's right. The Chevy Chase lookin' character in the picture. Tein said the trio lost about $20 million to $30 million of investors’ money through bad investments. . .

What a bunch of pikers. Only $20 – $30 million? You need to lose several tens of billions *minimum* if you want people to think you’re qualified to run a serious investment bank. Losing a couple tens of millions, and stealing another hundred or so?

Why are we even talking about these mini-ballers again? Oh yeah, that’s right. The Chevy Chase lookin’ character in the picture.

]]> By: HF http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127894 HF Tue, 23 Dec 2008 09:42:50 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127894 “A fool and his money are soon parted.” Thomas Tusser English Farmer and Writer 1524-1580 “A fool and his money are soon parted.”
Thomas Tusser
English Farmer and Writer 1524-1580

]]> By: RichL http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127834 RichL Tue, 23 Dec 2008 03:21:55 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127834 His investments are merely a self-liquidating management problem. In bear markets the money goes to where it belongs. His investments are merely a self-liquidating management problem. In bear markets the money goes to where it belongs.

]]> By: Mr Juggles http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127788 Mr Juggles Mon, 22 Dec 2008 21:50:50 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127788 Wilpon got out of Bayou and didn't lose any money, right? No harm, no foul. Wilpon got out of Bayou and didn’t lose any money, right? No harm, no foul.

]]> By: john haskell http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm/comment-page-1#comment-127787 john haskell Mon, 22 Dec 2008 21:42:16 +0000 http://longorshortcapital.com/fool-him-twice-jerome-fisher.htm#comment-127787 Fred Wilpon gave money to both Bayou and Madoff, I think he should at least get an honorable mention here. Fred Wilpon gave money to both Bayou and Madoff, I think he should at least get an honorable mention here.

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