CT Hedge Fund Manager goes wacko

Discussion in 'Wall St. News' started by ChiBondKing, May 9, 2007.

  1. http://www.1010wins.com/pages/435797.php?contentType=4&contentId=482642

    Rehab for Hedge Fund Manager Accused of Stalking


    STAMFORD, Conn. -- A wealthy hedge fund manager accused of seeking someone to abduct and rape his former mistress was released Wednesday to a rehabilitation program in New York for treatment of bipolar disorder, officials said.

    Albert Hsu, 43, will spend at least 30 days in a therapy program in Brewster, N.Y., then must live with his parents in Bayside, N.Y., while the case against him is pending, state Superior Court Judge Robert Devlin ruled.

    Hsu, of New Canaan, was accused of stalking his former mistress for more than a year before he was arrested in March and charged with posting an Internet ad seeking someone to rape and abduct her, according to court documents.

    As a condition of his release, he is prohibited from contacting the 36-year-old alleged victim or entering New Canaan.

    Prosecutors said Hsu, a former New Canaan Cub Scout leader and manager of a $95 million hedge fund, pretended he was the victim and posted an ad on a bondage Web site seeking someone to abduct and rape her.

    Hsu has pleaded not guilty to first-degree attempted sexual assault, first-degree reckless endangerment, criminal impersonation, two counts of second-degree harassment and trafficking in personal identifying information.

    Officials at Anchor Point Capital LLC in Coral Gables, Fla., the hedge fund he co-founded in 2005, have said Hsu no longer works there.

    Hsu previously served as the U.S. investment officer for the Atlantic Philanthropies, where he managed funds for the $3.8 billion foundation. He also served as the director of investments for the Ludwig Institute for Cancer Research, a $1 billion foundation.
     
  2. what is going on?
    asians goin beserk.
    that's usually whtmen role.
     
  3. "Albert Hsu, 43, will spend at least 30 days in a therapy program in Brewster, N.Y., then must live with his parents in Bayside, N.Y., while the case against him is pending, state Superior Court Judge Robert Devlin ruled."

    (shudder) That's brutal. He'd better not mess with Judge Dredd.
     
  4. LOL. Is rather unusually cruel, isn't it. Think his Mom will rag him just a bit? How bout that phone call.

    "Mom, I'm a perv, and the Courts says I have to live with you."
     
  5. Mvic

    Mvic

    :D :D :D

    I imagine that his intended victim probably isn't thrilled with the arrangement either. He should be in some kind of intreatment facility until he starts his inevitable jail time. House arrest with ankle monitor and no computer access at the very least. His lawyers earned their fee that's for sure.
     
  6. It would be comforting to think that this guy is an anomoly amoung hedge fund managers, unfortunately, that's not the case.

    Maybe others don't make a practice of advertizing to solicit the rape and abduction of a former girlfriend, but the absence of those specific crimes, does not mean some of these guys aren't equally as sociopathic.

    This nutjob just wasn't saavy enough to have a powerful enough PR guy to cover his tracks.

    That said, I'll bet the crazy will eventually be too much to contain.