Inner City Press

In Other Media-eg New Statesman, AJE, FP, Georgia, NYTAzerbaijan, CSM Click here to contact us     .

These reports are usually available through Google News and on Lexis-Nexis

Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis


(FP Twitterati 100, 2013)

ICP on YouTube

More: InnerCityPro
Sept 24, 2013

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

In SDNY Hedge Funder Kamensky Bailed For $250000 While Bronxite Remanded to MCC With Claustrophobia

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Sept 3 –    At 1:22 pm on September 3 SDNY prosecutors announced

"that DANIEL KAMENSKY, the founder and manager of New York-based hedge fund Marble Ridge Capital (“Marble Ridge”), was charged in a Complaint in Manhattan federal court with securities fraud, wire fraud, extortion, and obstruction of justice.  KAMENSKY’s alleged criminal acts occurred  in connection with his scheme to pressure a rival bidder to abandon its higher bid for assets in connection with Neiman Marcus’s bankruptcy proceedings so that Marble Ridge could obtain those assets for a lower price.  KAMENSKY then attempted to persuade the rival bidder to cover up the scheme.  KAMENSKY was arrested today and is expected to be presented before Magistrate Judge James L. Cott this afternoon."

    Inner City Press live tweeted the presentment, about two hours later, below. The prosecutors agreed that Kamensky could be released the same day on $250,000 bond.   

But while Inner City Press and at least three others waited from the time of presentment until 7 pm for Kamensky to come out of the SDNY courthouse, covering both the Pearl Street and Worth Street doors, he apparently did not appear.

Meanwhile in the same Magistrates Court, a man charged with shooting a gun in The Bronx, and with claustrophobia, was ordered detained.

 Inner City Press could not live tweet that one, being in a collective stake out - but will write a story later despite the prosecutors not publicizing the case and the docket number not being give. Here's from the Kamensky's proceeding:

AUSA: Surrender all travel documents, restricted to SDNY, EDNY, NDNY and South Florida with pre-approval. No contact with witnesses outside of Marble Ridge except in presence of counsel, and with those inside, nothing about this case

AUSA: Kamensky to be released today, with co-signers to be interviewed by Sept 10. $250,000 bond (half of that required yesterday for UN rapist Elkorany).

 Judge Cott: Preliminary hearing?

 Retained counsel: Waive to 30th day.

The case is US v. Kamensky, 20-mj-9381 (Cott).


Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.

Feedback: Editorial [at]
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2020 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at]