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Reza Satchu-ration

Possibly my last post on Reza Satchu. No promises, though.
4 min read

Make sure to start with Part 1 of the Reza Satchu here: Reza Satchu: Kevin O'Leary with hair and Part 2 That time I called Reza Satchu's mom and Part 3 That time Reza Satchu had a home in Nevada.

By the way, I always had a killer instinct for journalism. In high school, my English teacher made the class put together a newspaper. She taught us the 5 Ws and gave us the basic facts of a story. Then she asked the class: How would you open this story? I eagerly put my hand up and said: "With a pun".

When Reza graduated from McGill in 1991, he called a Canadian working for Merrill Lynch in New York to get a job. She wanted to meet and asked him where he was. Reza "fibbed" and said he was in New York because he "didn't want to introduce the notion of not having a work visa". Then he drove overnight to meet her the next day. He got the job and worked for a few years for Stan O'Neal in the High Yield Group. Stan would eventually become CEO of Merrill, presiding over its subprime debacle. I don't want to make a big deal of the fib, which he freely talks about, but by his own admission, Reza has a capacity for deception, in case you have any doubt.

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A blog about Bay Street, money managers, funds, moguls, who's killing it, who's getting killed. No stock picks, no macro.

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