Wall Street Financier: Notes from High Altitude©
He who makes a beast out of himself gets rid of the pain of being a man.
Bloomberg discusses a wealthy hedge fund manager’s pay, Jimmy Levin’s , 38, now CEO of Sculptor Capital Management in a Feb. 8, 2022 article “Set at 1.1%-1.5% in 2018, that figure was bumped to about 1.8% after Levin was promoted to CEO in April 2021. Eight months after he took …
There’s an Open Letter to Goldman CFO from Albert Meyer of Bastiat Capital and the reply received where the author criticizes stock options awards to employees and discusses the case of not only Goldman Sachs but Wells Fargo, BofA and others. The author argues against equity-based compensation for employees and …
