Last Call

I would have to submit that Vince McCrudden is probably not the guy I would trust to have the judgment necessary for running my hedge fund.

Vincent McCrudden, a mad-as-hell hedge fund manager from Long Island, was arrested last night for threatening to kill 47 officials from the Securities and Exchange Commission, Financial Industry Regulatory Authority, and Commodity Futures Trading Commission.

McCrudden runs a very small hedge fund called Alnbri Management, based in Melville, N.Y. He's got something of a beef with the federal government, it would seem: He filed a $1 billion lawsuit against the SEC and other regulatory agencies last year—yeah, that's $1 billion—claiming harassment. And then last month, according to government prosecutors, he started sending violent and threatening e-mails to a host of SEC, Finra, and CFTC officials with messages like, "You f****g corrupt piece of s**t! [Y]ou my friend are not getting away with this."

Can't manage your anger, can't manage a fund, ya see.   Also...bad timing on the whole "threatening government officials" thing, Vince.

Meanwhile, looks like I get to retire my Michael Steele tag for a bit.

Michael Steele just dropped out of his race for a second term as RNC chairman and threw his support to Maria Cino, who came in second place after the fourth ballot here at the GOP's winter meeting in National Harbor, MD.

"I will step aside because I think the party is ready for something different," Steele said.

I gotta say, I'm going to miss the guy.  He was comedy gold.

To a standing ovation of RNC members, Steele mournfully told the crowd, "and now I exit stage right." 

He ended his term as RNC chair as he began it:



As a cartoon character.

On the other hand, I get to break in a new tag for his replacement.

On the seventh round of balloting, the Republican National Committee elected Reince Priebus to be its next chairman.

Reince Priebus, huh.




New Tag:  Drive The All-New Reince Priebus!