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Casa Di Serge
And now for some evening real estate porn combined with a slow motion career trainwreck. Not that it matters to the Serge(y) Aleynikov estate all that much anymore, but some preliminary digging by NJREReport has uncovered pretty much most loose ends in the case of the Russian 007 that was never meant to be. First: here is the tax property detail
to the 38 year old's house. Not that exciting. What is more amusing is
the dramatic price decline as Serge(y) was trying to offload his 4 bedroom colonial,
which was first put on the market in August 2008 (oddly, the Chicago
firm, which everyone has identified by now, still has not indicated
just when it was that it first approach Serge... and under what guise
did it agree to raise his base pay to $1.2 million). Either way,
Serge(y) tried to sell first for $689,000, and after less than a year
is now "PRICE TO SELL AND PRICE BELOW NEW ASSESSED VALUE" at $550,000:
at least the man has a good sense of the true NJ real estate market:
those math Ph.D. and SS7 certifications come in handy on occasion.
(Alas that price does not cover the $750,000 bail set earlier for Mr.
Aleynikov, maybe they can throw in the Honda as part of the package).
Any interested buyers who want to "move right in" should contact Julie
Corbo at RE/MAX: if Serge(y)'s MO is any indication, the first to dig a
hole in the back yard may just uncover all the program trading secrets
that have ever existed.
Other circumstantial evidence: projection ping pong table with Dolby 7.1
surround sound, washed out beige leather sofa and futon, satin sheets,
and a corner jacuzzi. After further review, it is no wonder that
Serge(y) was willing to sell to the highest bidder.
hat tip James
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So, um, which Chicago trading firm was willing to pay this guy $1.2m?
Teza Technologies LLC
http://www.bloomberg.com/apps/news?pid=20601087&sid=aI1O.94J7bLY
That's a lotta bail. Hope he stays in jail, where he will be safe from the influence of GS et al.
Yes, what Chicago firm wanted to pay him $1.2? Would Ken Griffin want to buy access to this software for future evidence against GS?
The corner jacuzzi is somewhat heart-shaped; and GS <hearts> you, too, Serge.
If you look at your original post, the total for the top 15 firms is less than the total for all firms. So, there must have been a data error.
http://www.zerohedge.com/article/case-quant-trading-industrial-sabotage-...
This level of personal tear-down of the individual is completely unnecessary (among other things). Lets recap Tyler, everyone else did something wrong but holier than thou out of work bitter trader sits behind a movie character, right? At least the paparazzi show their faces.
Keep at it with the markets, leave his personal life personal.
I tend to agree -- I like ZH alot, but the personal attacks against are unfair and unwarranted. I hadn't thought of TD as an out of work bitter trader before, but maybe there is something there -- it sort of explains the venom being directed toward this guy.
But where are his sex toys? All Russians have sex toys. It's their ice cream.
Would Ken Griffith pick off a goldman guy? Hell yeah. Goldman has stolen there share of systems. where else would Seregy go? renaissance? who else would pay this much? who could fight the legal battle? this guy must have been an equities side guy, right? because citadels oil/commodities team is solid but the goldman people have the inside track for the equities side.
What is the purpose of this post TD. Iconoclastic just in case folks mistake you for a hero.?..Just a tad petty...
Love the blog, but a bit puzzled with the preoccupation with Serge and this case. It's an interesting IP case, and Eichenwald will probably turn it into a hell of a novel, but to suggest its bringing down GS, GS's SLP, other quant funds, or the market is crazy. And who cares about the sequential price declines another 4-bedroom colonial in NJ. We have enough data on that topic...
Also, I don't think the "Chicago firm" has any obligation to report "when it first approached Serge" and "under what guise" it set his salary....what is going on at ZH today???
#4957: exactly.
Interesting story but why pounding so hard on the guy ?!