This is one of those bizarre stories that makes the New York Post worth subscribing to: A junior trader at Steven Cohen's legendary SAC Capital has alleged in a lawsuit that Ping Jiang, one of Cohen's top bosses, required some traders to swallow female hormone pills to curb their aggressiveness and make them better traders.
The trader claims that the hormones eventually induced him to start wearing women's clothing, avoid his wife, and begin a sexual relationship with his boss. According to The Post, "Details of the case, disclosed yesterday by Charlie Gasparino on CNBC, claimed that the boss bragged he had developed a successful trading method based on being effeminate and that other traders ought to start using it, too."
Seizing on the opportunity, Richard Simmons and Queer Eye for the Straight Guy's 'Fab Five' are reportedly teaming up to launch a managed futures fund.
But on a slightly more serious note, there is a growing body of research suggesting that excessive-testosterone has been responsible for some of business's great blunders. For more on that, check out Testosterone Inc.: Tales of CEO's Gone Wild.











Reader Comments (Page 1 of 1)
10-13-2007 @ 8:59PM
Tom Tom said...
AnyThing for a Profit. For all you account executives, Queer Eye for the Straight Guy, is because your straight not because you wear dresses. There's more action if you stay the way you are. Just one thing, you might want to wear boxers instead of briefs. A well endowed straight guy is your best selling point.!
10-13-2007 @ 10:23PM
Naveljack said...
I tried that once, but it just made me want to quit trading and start buying all the Mary Kay products I could get my hands on. My wife liked it for a while, but after we had to turn the bedroom into storage space, it lost its magic. Jack
10-14-2007 @ 6:49AM
mike said...
Nobody can make you take anything you don't want to or do anything you don't want to ; throw it out of court !
10-14-2007 @ 9:37AM
wildbill said...
Sounds more like this belongs in the entertainment field and a good headline for the grocery store checkout rags. If my boss ever suggested such an idea I would have went to the narc squad and reported it. It's illegal drug use anyway you cut it.