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Tuesday, March 17, 2009

03/17/09 Prince Has Been Arrested

No, Not That Prince.....


Sam Kennedy — who is "also known as 'Prince,'" an official indictment states — is a 33-year-old Liberian citizen who was indicted for bank fraud, conspiracy and identity theft by a Bridgeport grand jury.

Kennedy, a.k.a. "Prince," is charged with obtaining ID information from at least four people and making phony forms of identification for those folks. He then used those fake IDs to open accounts at Citibank branches in Fairfield, Norwalk and Greenwich.

"Prince" wrote counterfeit checks to deposit in the accounts and planned to draw out cash (to blow on diamonds and pearls, we guess) and then leave town (going much 2 fast). The people whose identities he stole would get the wrap for the bad checks. (How could he just leave them standing — alone in a world so cold?)

"At all times relative to this Indictment, the defendant, Sam Kennedy, also known as 'Prince' was a resident of New York," reads the indictment.

We asked Tom Carson, spokesperson for the U.S. Attorney for Connecticut, why the alias Kennedy shares with his royal badness is referenced in the indictment. "It's not uncommon for a defendant's 'aka' to appear in a charging document," Carson says. "It may be a street name, or the name that a defendant is more commonly known as. However, I don't know to what extent he used or was called the name."

We do know that someone who wears ass-less pants probably has the same amount of common sense as someone who thinks there is any money to left to steal from Citibank.

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03/17/09 Greenwich Resident And Billionaire Paul Tudor Jones Says What Recession? .... I Am Following President Obama's Advice And Buying

Tudor Investment Takes New Positions in Financials, Among Others
Seeking Alpha

... "In 1980 he founded Tudor Investment Corporation which is today a leading asset management firm headquartered in Greenwich, Connecticut. The Tudor Group, which consists of Tudor Investment Corporation and its affiliates, is involved in active ...


......If you want to hear some insightful thoughts from Tudor Jones himself, head over to our post on Hedge Fund manager interviews or our post on quotes from PTJ. We should note that in the past, Tudor's equity portion of their portfolio has been run by James Pallotta in Tudor's Raptor fund. But, Pallotta recently left Tudor to start his own hedge fund. So, we've started to cover Pallotta's new Raptor Capital Management, and we will also continue to track Tudor. Pallotta was essentially responsible for the great track record at Tudor, so that's why we continue to track his 'spun-off/new' venture. We'll track Tudor simply because they have some of the greatest minds in the macro game. And, that's why we track macro funds in the first place: to monitor their sector exposure to pick up any possible macro themes they might be playing.


In terms of recent activity, Tudor has been pretty busy. They earlier filed numerous 13G's with the SEC, amending a bunch of their holdings. Additionally, we just learned that they will be starting a new Momentum Fund. They still of course have their main flagship BVI Global fund that finished 2008 -4.5% as noted in our 2008 hedge fund performance numbers....

HERE IS WHAT PAUL TUDOR JONES HAS BEEN BUYING:
Kraft (KFT)Genentech (DNA)Prudential (PRU)Harris (HRS)Amylin (AMLN)Monsanto (MON)Metlife (MET)Semiconductor Holdrs (SMH)State Street (STT)Berkshire Hathaway (BRK.A)CIT Group (CIT)Mastercard (MA)Blackrock (BLK)Teva (TEVA)Vertex Pharma (VRTX)Wendys (WEN)Cigna (CI)Citigroup (C)Devon Energy (DVN)Corning (GLW)SLM (SLM)Select Sector Industrial (XLI)Market Vectors Agribusiness (MOO)Sandisk (SNDK)Legg Mason (LM)Agilent (A)US Steel (X)Potash (POT)Och Ziff (OZM)Onyx Pharma (ONXX)



Paul Tudor Jones Has Increased His Positions In These Companies:
Select Sector Energy (XLE): Reduced by 165%Select Sector Healthcare (XLV): Reduced by 137%Dell (DELL): Reduced by 61%Select Sector Financial (XLF): Increased position by 57%Hartford Financial (HIG): Reduced by 31%
Paul Tudor Jones Has Reduced His Positions In These Companies:
Activision Blizzard (ATVI): Reduced by 95%Invesco (IVZ): Reduced by 92%Coach (COH): Reduced by 61%Wyeth (WYE): Reduced by 31%3Com (COMS): Reduced by 26%Ishares Emerging Markets (EEM): Reduced by 18.5%Select Sector Technology (XLK): Reduced by 13.6%
Paul Tudor Jones Complely Sold Off These Securities:
SPDR Gold Trust (GLD)Willis Group (WSH)NBTY (NTY)Select Sector Materials (XLB)Jamba (JMBA)Tenet (THC)Petroleo Brasileiro (PBR)Ico Global (ICOG)Viacom (VIA.B)JPMorgan Chase (JPM)Theravance (THRX)American Eagle Outfitters (AEO)RCN (RCNI) CallsAccenture (ACN)Pfizer (PFE)Select Sector Consumer Staples (XLP)Ishares China (FXI)Cisco (CSCO)Macrovision (MVSN)Terrestar (TSTR)Fomento Economico (FMX)Ishares S. Korea (EWY)Home Inns & Hotels (HMIN)Fibertower (FTWR)Fidelity Info (FIS)KBW Bank ETF (KBE)Heinz (HNZ)Anadarko Petroleum (APC)Ishares Japan (EWJ)Plains Exploration (PXP)
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03/17/08 Greenwich Time Editors Forced To Shut Down Another Message Board As Secret Greenwich Bigot Appears At Topix

After Reading Comments At The Latest Greenwich Time Article It Is Clear That Some Disgusting Greenwich Residents Are Still Living In Our Counties Hateful Past.

Courthouse chaos during arraignment - Greenwich Time

A courthouse melee broke out Monday during an arraignment for one of the five people arrested during a weekend gathering that turned violent at the Wilbur Peck public housing complex, officials said.......


If You Go To The "POST YOUR COMMENTS" Link At The End Of This Story You Will Find That This Is The Third Message Board That Hearst Newspapers Has Had To Shut Down Due To Inappropriate Remarks From Greenwich Citizens.

Wrote:

Are any of them related to Travis?

Rose Carey-Pierce
Greenwich, CT
Wrote:

Ronny C, to answer your question, hell no, not related to that jerk, and watch your daughters around him, he's a molester among other things!

Ronny C

I meant Travis the monkey. He at least could control himself in some situations. Can these idiots do that at all? Let's hope they stay behind bars where they belong.

m.o.n.k.e.y. is censored?

I'm a bigot for expecting people to: behave? Go to bed at a normal time and not disturb their neighbors? Disperse when police tell them to?

responded

you made a comment that sounded really racist for comparing 2 african american kids to travis the chimp you jerk.

Replied

Are they African American? I didn't know that. I'm comparing people who can't behave to chimps, it has nothing to do with their race.

But because you are the expert, can you please explain to me (for future reference) what types of people can/can't be compared to animals?

Can I say, for instance, Michael Phelps is like a fish?

nana62440
reported:

Flores and Cardenas-Rey are African American? The fact remains that these kids were acting in a manner that other residents of Wilbur Peck called the police, and then in a manner that caused them to be arrested. I think that unappropriate behaviour is the problem here, both at Wilbur Peck and certainly at the courthouse.

Responded:

ronny c your a dick it's good to know they are so many secret bigots in greenwich who only have the nerve to say that crap online hiding behind a screen like the b.i.t.c.h. they are

concerned resident
Greenwich, CT
wrote:

Let's stop the mean, racist language and be concerned about our neighbors living in all of Greenwich.

Addressed Other Racxist Commentators:

i know dan and chris wern't the nicest to other kids but that doesnt excuse the racist comment oh gosh wrote

Finally A Couple Of Former Greenwich Residents Took The Conversation In Another Direction:

Used to live in Riverside
Londonderry, NH
changed the subject:

Mickey Sherman representing the defendants. Pro Bono? He loves the limelight.

replied to Used To Live in Riverside

Mickey is a character for sure.

Retired GPD
Norwalk, CT
Now Felt Comfortable Enough To Add His Two Cents Worth
when he responded to former res

Good to see you back....our thoughts & prayers.
Soon After Retired GPD's Comments The Greenwich Time Pulled The Plug On The Entire Message Board.

It Is Interesting To Note That Retired Greenwich PD Did Not Choose To Set An Example In The Community And Join Other Greenwich Residents In Condemning The Racist Comments.

For More Information On Greenwich Police Department
Comments At The Greenwich Time Message Boards
That Had To Be Taken Down Please See:


Topix And Greenwich Time Logs Show That The Greenwich Police Department Server Is Often Logged On And Contributing To Message Boards That Have To Be Shut Down For Inappropriate Behaviour.

Ex-Managing Greenwich Time Managing Editor Jim Zebora And Current Greenwich Time Managing Editor Bruce Hunter Have Both Went Out Of The Way To Attack Bloggers Who Have Criticized Their Performance
Thin Skinned Greenwich Time Managing Editor Bruce Hunter Even Called The Hearst Corporate Law Department In A Failed Effort To Silence A Blogger Who Criticized His Job Performance

But Neither Hearst Newspaper Employee Had The Guts To Confront And Expose The Racists That Often Populate And Comment On Their Message Boards.
Zebora And Hunter Would Never Have The Guts To Report That Some Town Of Greenwich Computers Can't Access The Message Boards, Because Their IP Addresses Have Been Blocked

They Just Quietly Shut Down The Message Boards And Cover Up The Ugly Situation. This Is Standard Operating Procedure At The Greenwich Time.Don't Rock The Boat And Cover Up And Ignore The Under Belly Of Our Fair Town.

That's Why Greenwich Time Managing Editor Bruce Hunter Doesn't Have The Guts To Freedom Of Information Request The Wilbur Peck Surveillance Camera Video Or The Greenwich Police Cruiser Dash Board Video Cameras.

No Wonder Hearst Newspaper's Steven Swartz's "100 Days Of Change" Is Going To Miserably Fail In Greenwich, So Long As Bruce Hunter Is Managing Editor.
PLEASE SEE:
ROCKY HILL, Conn. -- High school yearbooks go to print this month across the state, and yearbook advisors are forced to play policemen, watching for students who push the envelope too far.

Just after the senior picture ranks the senior quote. Whether it's a touching song lyric or a persuasive plea for paint, the quote allows students to express themselves how they want -- but it has to be PG-13.....
.....A decade ago, five students at Greenwich High School got national attention for using parts of their senior quotes to spell out a racially threatening message.

But 10 years later, advisors said they're staying vigilant......
.....After all, a yearbook's not like facebook. Unlike the social site, the quotes in the yearbook will be there forever, for future students to laugh at, learn from or look to for guidance.....

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03/17/09 The Raw Greenwich News Feed: This Just In......

The Latest Greenwich News Briefs:

RBS employees expected to move into new headquarters this month
Stamford Advocate

The consolidation of RBS subsidiaries in Greenwich and New York City comes on the heels of news that the bank plans to scale back operations in Asia and ...

Talk focuses on Iraq
Greenwich Post
Sponsored by the Greenwich Forum on War and Peace as part of its series on the Middle East, the talk is free. For more information, call 637- 7723.

Greenwich High poised to win Class LL boys swimming title
Greenwich Time
By David Fierro The Greenwich High School boys swimming team won't only continue its long reign of supremacy if it wins the CIAC Class LL championship ...

Safe Place celebrates
Greenwich Post
This brings the number of Safe Place locations to a total of 62 area businesses, firehouses, libraries and other municipal sites throughout Greenwich, ...

For Simmons, Dodd's Perceived Vulnerability A Key Reason To Run
TheDay
Sam Caligiuri and Greenwich businessman Tom Foley, former ambassador to Ireland, are giving it serious consideration. CNBC host Larry Kudlow has also been ...

Weston stays home to find new coach
The Hour
An injury prevented her from playing in college, but shortly after graduating and landing a teaching job at Greenwich High School, she joined the coaching ...

Red Cross instructor training offered
Greenwich Post
Students must attend all classes, which are held at the Greenwich chapter training center, 99 Indian Field Road. The cost for training and materials is $160 ...

Thumbs up - Thumbs down
Greenwich Time
Thumbs up to two Greenwich High School students who won first prize in a national filmmaking competition. Greenwich High seniors Charles Greene and Eliza McNitt this month took top honors in C-SPAN's 2009 "StudentCam" video competition.


Students across the nation this year were challenged to produce a five-to-eight-minute documentary on the topic: "A message to the new president: What is the most urgent issue for the new president to address after taking office, and why?"


The pair won for their documentary about the food supply, "Requiem for the Honeybee," which can be viewed at

http://studentcam.viddler.com/videos/watch.php?id=145305a5 ....

.....Thumbs down to the prospect of Safe Rides being shut down due to a new state law designed to cut down on accidents involving young drivers. It would be tragically ironic if, due to the extermination of programs like Safe Rides, the law were to have the opposite effect......

Car wash scrubs way through recession
The Hour
Other area locations include Stamford, Greenwich and Milford. The environmental movement actually boosted business, too, as more people discovered that ...

Temple part of international Shabbat program
Greenwich Post
On Friday night, March 20, members of the greater Greenwich Jewish community will gather at Temple Sholom to observe a weekly day of rest, known as Shabbat ...

Tales for children Connecticut authors featured in three picture books
The Hour
Greenwich writer Jeanne McNaney is planning an entire series based on the animal kingdom which will spotlight ecological issues. ...
Connecticut's Gold Coast braces for Jerry Springer
MADISONet.com - ‎18 hours ago‎
The Jerry Springer show could shatter the Fairfield stereotype, said Frank Trotta, a lawyer who lives in Greenwich. "If anything, it will bring the ...
Colby has 36 on Winter All-Academic Team
Colby College Mules
senior women’s track athlete Devan FitzPatrick (Greenwich, Conn.), senior women’s indoor track athlete Abbie Frederick (North Attleboro, Mass. ...
Betting That the Wealthy Will Ditch FoF Model
Hedge Fund Net
Also, Abernathy said, alternative beta is not going to fall victim to a blowup, like Amaranth, or a fraud, like Fairfield Greenwich Group did with Bernard ...

The Latest Greenwich Blog Posts:

Weston stays home to find new coach - Norwalk News - The Hour
By The Hour Staff
Despite the Trojans' struggles last season, Donigian is coming in with a winning attitude, something she no doubt inherited as a player at Newtown and as an assistant coach at Greenwich. "We're going to try to make it back to the ...
The Hour Headlines - http://www.thehour.com/
So what's selling? « For What It's Worth
By christopherfountain
Idle speculation on the most expensive property for sale in Greenwich · "Riot" at Wilbur Peck · Feds look to freeze Ruth Madoff's assets · Bernie's off to the big sleep, feds turn their attention to Ruth, Walt and the gang ...
For What It's Worth - http://christopherfountain.wordpress.com/



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03/17/09 The Raw Greenwich News Feed: Greenwich Time News Links (It Is Not A Very Happy St. Partick's Day At The Green Kitty Litter Liner Today)


There Is Not Much Local News At The Greenwich Time, Because Hearst Newspapers Has Once Again Cleaned House And Cut Back At The Daily Rag Once Again.

Greenwich Time Staffers Are Depressed And Demoralized Today
They Just Don't Have The Luck Of The Irish At The Green Kitty Litter Liner

PLEASE SEE:


Here Are Todays Greenwich Time News Links....
By Neil Vigdor
Staff Writer

A series of proposed rules governing everything from the size of boats moored at town-owned marinas to the practice of tying vessels together for social gatherings is encountering choppy seas......

Himes to question CEO of AIG
By Neil Vigdor
Staff Writer
Rep. Jim Himes, D-Conn., is a member of a congressional panel that is expected to grill the CEO of bailed out insurance and banking giant AIG on controversial executive bonuses Wednesday.
The recipient of a $173 billion life raft from the government, American International Group has become the target of fierce criticism for doling out $165 million in bonuses to its executives.

Edward Liddy, the company's chairman and CEO, is scheduled to testify on the thorny subject in front of the House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises.....
By Debra Friedman
STAFF WRITER
When Richard Fulton was a kid, he remembers starting the day at the top of Greenwich Avenue with $10 in hand, hitting all his favorite stores and still having change for lunch by the time he made his way to the bottom.
The charm of the Avenue led him to open a teen clothing and skateboarding shop called Chilly Bear there in 1989. However, after 20 years and numerous changes to the Avenue itself, Fulton is taking his business to Old Greenwich where, he says, rent is cheaper and foot traffic is growing. He will close the doors of his store at 401 Greenwich Ave. after the St. Patrick's Day Parade Sunday and move to 180 Sound Beach Ave.

"Greenwich Avenue used to be the soul of Greenwich," said Fulton, 41, who grew up in town. "In some ways it still is, but in a lot of ways it really isn't anymore."
That's All The Local News That
The Greenwich Time Staff Can Get
Online Right Now
The Greenwich Time Staffers Should Cheer Up ,
Because Things Could Be Worse:
Hearst just printed the final copy of Seattle Post-Intelligencer last night....
The unprecedented media downturn in the US has claimed yet another casualty – the venerable Seattle Post-Intelligencer, the city's oldest newspaper, has downed shutters on its print edition. From today, it will be the largest daily newspaper in the US to shift to an entirely digital news product only be available on the internet.
Hearst Corp, which owns the 146-year-old P-I, said yesterday that it had failed to find a buyer for the paper. The development was widely expected since 9 January, when Hearst executives said they would put the paper up for sale for 60 days. However, no buyer has emerged during this period. (See: Hearst looking for buyer for Seattle Post-Intelligencer newspaper)
"Tonight will be the final run, so let's do it right," publisher Roger Oglesby is reported to have told the newsroom. The front page of the final edition featured a headline saying 'You've meant the world to us' and a photo of the 30-foot neon globe atop the P-I's building, which has a slogan rotating around the equator saying, 'It's in the P-I'.
Steven R Swartz, president of Hearst Newspapers, said the online P-I would not just be "a newspaper online – ''It's an effort to craft a new type of digital business with a robust, community news and information Website at its core."
Hearst said the online edition will include some of the newspaper's well-known contributors. However, the vast majority of the P-I's 167 employees, almost all in the news department, are expected to lose their jobs. The online enterprise will have a significantly smaller news staff.
The P-I had 181 employees, but managing editor David McCumber told Reuters that the Website would only employ about 20 in the newsroom operations and another 20 to sell ads. He said he would not be working on the new site.....

Maybe There Will Be More Greenwich News
Put Up Later Today When The Lastest
Hearst Newspaper Shock Wears Off In
The Greenwich Time News Room

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