Sunday, Mar 30, 2008
Have it!
Telegraph: Hedge Fund "Legends" hit by Financial Turmoil
Even when the markets turned last year, the hedge funds' high jinks continued. Stephen Partridge-Hicks, the former Citibank debt guru and head of Gordian Knot, one of the big credit hedge funds and so hit first, tackled the crisis by splurging thousands of pounds on a show-stopping party. In October, as his fund tanked, he chartered a plane to fly 150 mates to Morocco where he had hired Marrakech's upmarket Amanjena hotel for a James Bond-themed party. On top of the usual champagne and haute cuisine, Patridge-Hicks staged a James Bond scene - complete with actors, stunts, a real submarine and a fly-by from two Mig jets - starring himself as 007.
Posted by lvmreader @ 06:07 PM (664 views) Add Comment
4 Comments
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1. japanese uncle said...
Hearty congratulations on the extermiantion of another parasite!! Again I do hope they just disappear without a trace, meaning too much spluttering their toxic guts and bloods on the street as they should certainly stink badly. Keep it to an eclogically sound way, and just vaporize!
Soon all the newspapers will be full of this sort of pleasurable readings.
2. plato said...
What a repulsive story. Still This bit makes nice reading :
"Tisbury has gone from darling to disaster is a short space of time. Griffin is losing staff and probably won't get much for the sale. It's been amazing turn of fortunes."
Bad English though !
3. Icarus said...
'Survivors are big funds with diversified portfolios that are not over-leveraged'. Seems obvious. Otherwise financial hair-trigger mechanisms propel you from unmitigated success to unmitigated failure.
4. planning4acrash said...
What a To$$er