Thursday, May 30, 2013

Sleaze Street: Former hedge fund titan bares all in titillating Wall Street memoir

According to the NY Post Turney Duff went from an innocent 7-year-old in his first New York trip (right) to a hot-shot trader (right bottom in 2000) under crooked Galleon Group founder Raj Rajaratnam (middle) and a life of money, sex and drugs, as chronicled in his memoir.

“…The trading desk is surrounded by glass. I work in a fish bowl. I’m in the middle of a newly renovated office on Park Avenue . . . As the opening bell rings, every muscle in my body clenches. I sit upright and try to focus on the eight computer screens in front of me. There are 25 orders on my desk, each from five to 10 million dollars and involving some sort of investment decision. My head throbs...

If I can just make it to lunch, I tell myself. A cheeseburger with a fried egg will help. I try to see how many minutes I can go without looking at the clock — 16 is the record for the day. I can’t keep my eyes open. I just need to make it to the closing bell.. .

"...Forty-five minutes later: There’s an ounce of cocaine piled in the microwave. An additional few thousand dollars’ worth of blow sits on a single plate in the kitchen. The place is littered with Grey Goose bottles, ice, cups, and straws for snorting. We call this East Side apartment the White House for obvious reasons, but it’s more like a Wall Street crack house. Randy and James [two sell side traders] live here. Everything is provided and paid for, compliments of the sell side ... They like to please their clients. Tonight they were kind enough to order in: Chinese and Mexican escorts…

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