STEVE PIECZENIK TALKS

FBI,  SEC—Keep up the great work! Indict and Convict Stevie A. Cohen,  SAC Capital Advisors- Doppelganger of Mike Milken. 

Wow! It’s a hedge fund manager festival and just in time for the holidays.

Criminals are popping up everywhere like rats on a sinking ship.

And guess where they all live? 

 In what was once the most anti-semitic town I have ever done a Medical Internship in….Greenwich, Connecticut!

 I enjoyed my internship at Greenwich Hospital where I can assure you that Stevie Cohen could not have set foot in thirty, maybe even twenty years ago.

 So what is it with these goniffs? 

  Clearly as we have discussed in the past blogs, they all come from relatively intellectually impoverished background where their parents may have been honest workers or dishonest schmatte salesmen,  like Steve A. Cohen.

  You see he graduated from a very fine business school called Wharton at the University of Pennsylvania.   Coincidently,  that’s also where Mike Milken,  a convicted criminal who developed the technique of the ‘naked short’ and the LBO that ravaged companies.   In short,  he and Stevie were really the more crooked version of Mitt who really was not as ‘clever’ or devious as Mike and his evil twin “Stevie”,  not to mention Ivan Boesky,  another crook who also was indicted for illegal insider trading. 

As one can determine from my previous blogs, I am particularly incensed by jewish crooks,  really I am more ashamed of them.

  I am proud to be born Jewish to Russian –Polish parents who fled the Holocaust and built an honest medical career and raised two sons who did fairly well, thanks to the beneficence of this great country.

  The problem with these guys like “Bugsy” Adelson,  Mike Milken,  Ivan Boesky,  Carl Icahn,  Stevie Cohen and many others,  including those at Goldman Sachs —is that not one, think about this statement—not one ever offered to serve our military or our national security.  They made a conscious decision to go into a business where they created no assets,  helped no innocent citizens and in turn decided to make ‘globs’ of  money by doing nothing more than cheating,  lying, and betraying, distorting, and corrupting financial systems.   The extreme nature of their criminal activity makes them a national security threat and I would also maintain that these goniffs are domestics terrorists in that they destroy the very financial system that Americans rely on for their businesses and their retirement investments.   In addition,  they butcher corporations that Americans depend on for job security.   Not to mention they sell us drugs for $90K a treatment that are worthless, remember Dendreon?   

These goniffs are not just ‘crooks’ who should be in prison like Bernie Madoff ---one of their closest associates,  but they are literally exceedingly toxic to the United States of America.   They offer nothing to the development and growth of this country—least of all capital.  These "financial terrorists" need to be destroyed before they destroy the foundation of our country.  These are not "victimless" crimes- our citizens, you and me, we are the victims.  We are the ones who are "ripped off" by these guys through lost retirement savings,  job elimination,  tax bail outs,  sub standard educational institutions,  expensive & ineffective medical care etc…you get the picture.

Steve Cohen represents the worst of America, disguised in the gaudy accoutrements of respectability ---bloated houses,  private jets, and of course, the inevitable societal diversion---Art Collector!

  Give me a break !
  Here’s a simple question?

  How does one make $600 million dollars a year as a salary? 

  I am a serial entrepreneur, former MD , and have owned banks--- I am a true capitalist at heart and action –but, never, never in my professional life have I ever met anyone  who made hundreds of millions without having been corrupt, collusive, or an outright dictator or drug dealer or all of the above. 

  Even my favorite Panamanian Drug Lord General Antonio Noriega in his hey day never made anything close to what Stevie and Mikie made per year.
  Let’s forget the fact that these guys are not inherently brave or courageous.  They are really emotional dysfunctional,  misfits who have never really learned anything  that would benefit mankind and have no desire to do anything but ‘screw the system for all it’s worth’. 

Call it sociopathy. More disturbingly,  Hebraic Sociopathy!   A compensation for feeling persecuted or inferior. 

But it really does not matter what the diagnosis is or was. What matters is that the system that had to oversee them and file charges had failed and is trying to attempt to prosecute Stevie again. 

  But in the world  of “regime change”,  it would be a very quick ‘solution’  but that’s not the way we work domestically.

But fortunately for the Hebraic Tribe,  insider trading is an all-inclusive ‘gaming of the system’.  There are Muslims, Christians, Greek Orthodox, Hindus, Confucius, Mormons, Methodists, Fundamentalists, Baptists, etc. -- and the all around utilitarian atheists and agnostics.

  For example, the FBI and the SEC have tied the following people to the SAC insider scandal leading directly to Stevie:

• Matthew Martoma who received drug company insider tips from the famed neurologist, Dr Sidney Gilman  $276M illegal profits  

• Donald Longuiel who turned tips into 1.1 million dollars 

• John Horvath-insider tips from two tech companies

• Richard Choo-Beng Lee implicated Stevie in corrupt insider trading. 

  But, my dear readers.  Unbeknownst to me and probably you as well,  is the fact that Stevie and the other goniffs created a new industry ---a growing, equal opportunity employment business of ‘expert network firms that connected traders with sources at publicly traded companies’. 

Now, that’s a business!…..I tell you a secret that no one else knows and I make money from that.  In the national security arena that would be called “TREASON”.  But in the domestic arena –the FBI and the SEC are having ‘trouble’ getting evidence on these ‘experts’.

 Are you kidding me? 

Just look at their ‘job title’ –‘spy-in-residence’.  Hey,  if they FBI can't figure this out they should look up an old colleague of mine –David Martin –Former Head of the Counter Intelligence Unit at the FBI. 

  He can turn around an ‘informant’ in ‘minutes’ . 

  However,  in all fairness to the FBI and the SEC,  they just ‘flipped’  Mr Lee and forced him to implicate Stevie in insider trading. 

  These are Mr Lee’s words, “SAC and  other hedge funds were cesspools of inside information,  specifically implicating the extensive expert network firms". 

  So how does a guy like Stevie become such a crook? 

He started to like playing poker in high school teaching himself ‘how to take risks’.   Now folks, if that is what he learned from poker than you have to see the movie "ROUNDERS" with Matt Damon and Edward Norton,  a brilliant study on the dynamics of addictive personalities who need to cheat and ‘game’ the system.
Next  Stevie goes to Wharton where like Mike Milken,  he learned the finer points of manipulating numbers, ratios and derivatives and ‘naked shorts’ and more importantly as MM once said, “No one ever defaulted on a Junk Bond”. 

  He is personally quite repulsive and was quite abusive to his cowering son.  The only reason I stayed at the meeting was to personally meet the ‘crook’ who brought down Drexel Burnham Lambert  (where I had turned down a job in private equities to work for much, much less in the Reagan Administration….)

So, my dear readers, you can see that I am not a novitiate in the world of crooks—

  And what we used to call at the infamous CIA Psychological  Profile Division –“Nuts and Sluts”. 

  Look back to  December 2009,  there was a ‘tip-off’ that Stevie was crooked as well his brother [just like MM and his brother] Donald T. Cohen when they were sued by Stevie’s ex-wife Patricia Cohen for ‘racketeering and insider trading’.   Unfortunately, on March 30, 2011, the US District Court in Lower Manhattan dismissed the case---who was paid off? Hmmm...

So I have some advice for Stevie A. Cohen who will,  I am certain,  be indicted and convicted for insider trading along with his "expert network". 

  Stevie –go the Psychiatric Department at Greenwich Hospital and ask for ‘a shrink’  and maybe ponder these words from someone whom I am certain you never read or could understand—a Jewish socialist philosopher,  Eric Fromm—who escaped the Holocaust and learned the following lessons:  “Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction”.  

 

Stevie—here’s another bon mot—“it’s not want,  but rather abundance that creates avarice”.  That was said because I know you did not have enough time to learn a foreign language or clearly any philosophy concerning morality.   The man’s name is Michel de Montaigne.   You see Stevie,  the de in French means he is NOBILITY—something you and your  friends  could never really understand nor attain with all your charitable donations.

Now Stevie –this saying is IMPORTANT—this one was said by one of our German kinsmen—Arthur Schopenhauer [1788-1860] :"Wealth is like a sea water ; the more we drink, the thirstier we become; and the same is true of fame (and greed- I added this part)".  

Not all is desperate Stevie.   I do have some very good news for you. 

In the military during the late 1960’s I ran a ward of killers,  sociopaths and just outright crooks like you and Milken and many of your brethren,  there were a few things I could do for them:

1.  I could lobotomize them –yes,  just like the movie "One Flew Over The Cookie’s Nest"

2.  I could convince them that they were criminals and had to go to prison and not to the ward of the criminally insane ---and that believe it or not—was quite a relief to them. 

3.  I could help you out by doing what I did extensively at Greenwich Hospital ----and that was to give you bilateral ECT treatment—gets you out of your mid-life crisis and you won't remember a thing!

I personally follow the SAGE WORDS of the revered Rabbi Hillel:  "He who refuses to learn deserves extinction!"  No truer words have been said .. and so let it be written for you and your goniff friends.   The best thing to do would be to admit your guilt and pay the price and move on.  Remember what the Corsican side of my family is fond of saying "big mouthfuls often choke"…it was also the Corsicans that coined the word Vendetta.

Have a Happy Hanukkah !  Remember, you have eight days to think about it.