Sat, Sep 20, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Shashank Tripathi, hedge fund analyst, becomes 'Sandy's biggest villain'

Wednesday, October 31, 2012

Bailey McCann, Opalesque New York: Shashank Tripathi is a hedge fund analyst, previously a blogger for Stone Street Advisors, a hedge fund consultancy in New York, and more recently worked as a consultant for Christopher R. Wight, this year’s Republican candidate for the U.S. House from New York’s 12th Congressional District. On Twitter, however, Tripathi maintained an anonymous identity as @ComfortablySmug, a purported Romney bundler, who regularly boasted about is media and personal connections on the social media site. Early today, following a series of purposefully false tweets aimed at inciting chaos during the height of superstorm Sandy, the website Buzzfeed outed his identity and his false tweets. Since then, a New York City Councilman has called for charges against him, he's resigned from Wright's campaign and made a public apology - providing an object lesson in the self-correcting and shaming power of social media.

Under his pseudonym, Tripathi gathered a large following of other tweeters interested in his take on a variety of topics, primarily the upcoming election peppered with some dark wall street based humor. However, as Buzzfeed recounts, he began to tweet news items related to hurricane Sandy, but at a certain point in the evening those tweets turned false. At one point he tweeted that ConEdison, New York City's primary e......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali