Small potatoes but with a name like that, had to add it.SDNY COURTHOUSE, Feb 22 – When Francisco Partners Management LP bid $23.04 per share for Verifone in 2018, a 54% premium, trader Kevin A. Van De Grift (yes, that's his name) made out like a bandit.
Now he's been sued by the Securities and Exchange Commission.
The SEC lawsuit, filed on the evening of February 22 and found that even in the dockets of the U.S. District Court for the Southern District of New York which Inner City Press covers, says the information was passed by Gil Friedman, who worked at Francisco, a minute after he had a call with the Verifone Deal Partner.
Tales from the Golden Age of Grift
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- LawBeefaroni
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Re: Tales from the Golden Age of Grift
" Hey OP, listen to my advice alright." -Tha General
"No scientific discovery is named after its original discoverer." -Stigler's Law of Eponymy, discovered by Robert K. Merton
MYT
"No scientific discovery is named after its original discoverer." -Stigler's Law of Eponymy, discovered by Robert K. Merton
MYT
- Isgrimnur
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Re: Tales from the Golden Age of Grift
It's almost as if people are the problem.
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Re: Tales from the Golden Age of Grift
This thread is probably going to be busy.
Schlapp has turned CPAC into a global brand, with events last year in two states and six countries. With his lobbying income declining after Trump left office, Schlapp received a $150,000 payment in 2021 for “business services,” and he started receiving annual compensation of $600,000 in mid-2022, according to tax documents and people familiar with the organization’s finances. The organization’s chairman is traditionally an unpaid volunteer. Schlapp’s wife, former Trump White House aide Mercedes Schlapp, is also on the payroll and received $175,500 for “strategic communications” in 2021, tax records show.
- LordMortis
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Re: Tales from the Golden Age of Grift
Geatz and House Republican zeal for anti corruption will be right on it, I'm sure. He'll start by investigating Biden.
- El Guapo
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Re: Tales from the Golden Age of Grift
New bar set for weirdest and most grim grift.