One story has dominated Wall Street this week — the sad divorce and custody battle between Jefferies global head of healthcare, Sage Kelly, and his ex-wife Christina.  In an incredibly detailed deposition, Christina alleged that she and her ex-husband used drugs and engaged in extramarital sex. What’s more, she said they routinely did so with […]

Ex-IMF head Dominique Strauss-Kahn’s new life in finance following his scandalous retreat from his bid for the French presidency isn’t working out so well. He left his role as chairman of Luxembourg-based Leyne Strauss-Kahn & Partners on October 20 for reasons that aren’t totally clear (officially “to dedicate himself to other activities”). Three days later, his business partner, Thierry […]

“Just by becoming mediocre, Citi stock can double in 4 years,”  CLSA analyst Mike Mayo told Business Insider. He reasoned that the stock should be able to make that gain no matter who’s running the company.  This, ladies and gentleman, is optimism. On Thursday, Citi revised down its Q3 earnings after a $ 600 million addition […]

Reuters Argentine President Cristina Fernandez de Kirchner. After a whipsaw summer that included the close of a decade-long lawsuit, a technical default, the most dramatic of political theatrics, and a contempt ruling from a US court — things have been relatively silent out of Argentina. But some rumblings out of Wall Street indicate that there […]

Jefferies Bloomberg News’ Stephanie Ruhle and Zeke Faux are reporting that Sage Kelly, the Jefferies investment banker embroiled in a messy divorce, has taken a leave of absence according to a memo from the Jefferies CEO Richard Handler.  Kelly is Jefferies Global Head of Healthcare Investment Banking at Jefferies. His estranged wife Christina Di Mauro […]