Will The Suffering Ever End?
Founder and general partner of United Capital Asset Management, John Devaney, whose fund booked a 30.4% loss for June, is not in a good place. After senselessly being forced to put his yacht, inaptly named “Positive Carry,” on the market, in addition to his ski lodge, further losses have made it necessary for the captain-no-longer to put his helicopter, a Sikorksy S76C, up for sale as well.
According to the brochure carrying the listing (asking price: $10.995 million), the reason for the sale is a “change [in] corporate travel requirements.” Possible buyers include Ben Bernanke and the Citadel commodities desk, which is categorically NOT blowing up, and can obviously afford it). Personally, we’re all pretty broken up about the news over here. Specifically, that there aren’t any available glamour shots of Devaney in front of the chopper. (Yet.)
Earlier: When Words Bite You In The Ass: John Devaney
He's Grounded [NYP]
Comments
"the reason for the sale is a “change [in] corporate travel requirements.” "
=
taking the bus from now on.
Posted by: Zbignew | August 17, 2007 12:56 PM
i think timmay is looking for a few more bitches for his stable
Posted by: alexei varner | August 17, 2007 01:00 PM
No, no, no!!! not the helicopter. How is this guy gonna be able to survive. This is horrible!! He might even have to stoop so low as to fly business class or.....gasp....drive his Rolls Royce to meetings.
Posted by: Bill | August 17, 2007 01:04 PM
Sikorsky!
Posted by: Anonymous | August 17, 2007 01:07 PM
i mean who wears a suit to go boating, man had it coming
Posted by: mini ballerette. | August 17, 2007 01:22 PM
Good Point. I think it showed that he did not have enough time to actually use it, he had to get back to the office and WORK.
Posted by: Bill | August 17, 2007 01:25 PM
Cue the divorce lawyers in 4...3...2..
Posted by: Gordon Gekko | August 17, 2007 02:11 PM
Happy to see my old Fordham bud Roddy Boyd is on this story!
Posted by: Anon | August 17, 2007 02:23 PM
Notice the hand signal in the photograph guys, the hand signal.
Posted by: Adam Weishaupt | August 17, 2007 02:59 PM