In case you’ve been hiding under a rock or they've cut off the current to your double-wide, JP Morgan recently
announced that it had lost around $2 billion on some bad credit trades. Reports surfaced that one of the players on
the other side of those trades was legendary credit trader Boaz Weinstein.
The New York Times Azam Ahmed offers a lot of details on
Weinstein's personal life and professional career. Some of which we knew; some
we didn't.
He grew up in Manhattan's Upper West Side.
He earned the title of chess master when he was 16. At a recent auction, he paid $10,500 to play
chess with legend Garry Kasparov. He
plays online games with Silicon Valley venture capitalist Peter Thiel.
He won a stock-picking competition as a student in New
York's prestigious Stuyvesant High School.
When he was 18, he failed to land a job at Goldman
Sachs. But then he was able to get more
interviews after playing chess with a senior partner, whom he ran into at a
bathroom…
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