Tuesday, 21 October 2014
Last updated 3 hours ago
Nov 22 2006 | 2:48pm ET
It sounds like the plot from a David Lynch movie, but it’s actually testimony from a courthouse in tony Westchester County, N.Y., and instead of an aspiring-actress-turned-prostitute on Mulholland Drive, it’s the story of an aspiring-hedge-fund-honcho-turned-dominatrix in Greenburgh. Hollywood isn’t the only place that wannabes resort to desperate measures when their dreams fail to materialize.
Testifying in the misconduct trial of Greenburgh Police Officer Erik Ward, Gina Pane says she agreed to satisfy Ward’s coprophilia (look it up if you want to know what it means) in exchange for his help in getting a marijuana possession charge dropped. The Journal News of White Plains reports that Ward claims he was simply trying to recruit Pane as an informant to catch drug dealers, and did not engage in any inappropriate sexual behavior in the rendezvous with Pane in a wooded area in hedge fund country, nearby Greenwich, Conn. The pair were caught on videotape in a parking lot prior to their trip to the woods.
Pane, who testified that she has a degree in economics from Manhattanville College, told the jury, “I 100% believed that if I did not do this, he would not help me with my case.”
Following her arrest on the drug charges and her filing a complaint against Ward in January, Pane said she quit the kinky dominatrix business, as the publicity and notoriety was hurting her chances of getting her dream job in the hedge fund industry. She currently works as a receptionist for a financial firm.
If Ward is convicted, he could be fired.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...