Danielle Chiesi, colorful language in massive scandal
You gotta love hedge fund managers who know how to use the F-word. The shocking break-up of a massive insider trading ring featured the arrests of top executives from the likes of IBM, Intel and other places, and the head of a big-name hedge fund. But the most colorful character is a former portfolio manager at Bear Stearns, who ended up at New Castle Funds.
According to the transcripts, Danielle Chiesi wouldn't touch some stocks "with a f------ 10 foot pole." Other choice quotes: "I'm dead if this leaks. I really am ... and my career is over. I'll be like Martha f------ Stewart." And there's this gem: I'm meeting with an IBM executive "on f---ing Sunday at my mom's house." And: "If it leaks, I think I'm out of business. Because...who knows IBM? And who, who's in bed with AMD? Put Danielle's name on the f-----' ticket."
For more:
- here's a Fortune article
- here's the complaint against her
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