Interessant wird’s erst wenn der Name (Rosen )bei anderen Hf wärend der Befragung auch noch fallen würde.
|
observer4101:
"Can never compensate, or even mitigate, the failure of one person or of an entity's, "ethical wall."
The Chinese Wall for confidentiality was never intended to be a replica of the Great Wall of China. That is a "physical wall."
The bankruptcy Chinese Wall, the "ethical wall," is about a person's or an organizations "integrity ethics."
A failure in the integrity of an ethical wall can never be overcome or mitigated by a physical, but artificial, sound proof wall.
Individual and organizational ethics is not measured the number of sound proof rooms that they have; rather, the demonstrated ethical conduct of the individual and the organization."
lawrencemeany:
"that is just for pure Show, a sound proof room....why they get the band up to play music on their lunch hour???!!!..... I wish Parker would ask if they have a method of quarantine their employees that have the insider info and those that trade .... Such a small office of only 38 people (including admin assts)....
Does anyone think they don't get together after work hours at the local watering hole or on the weekends or even possible sleepovers???? No pilow talk???? hhhhhmmmmmm come on...!
You're right it's about ethical conduct ...and as the main street has learned..."ethical conduct" and WallSt..are just not synonomous...
good luck WaMuers...looking foward to tmrw resumption of Gasping Grouper...and then next HFs to come under fire....I wonder what their stories will be....??? after listening to Aurelius's bullchit testimony..."
messages.finance.yahoo.com/...p;mid=801465&tof=1&frt=2
WILMINGTON, Del. (AP) -- A hedge fund executive is denying allegations from Washington Mutual shareholders that his firm used confidential information gained in WaMu's bankruptcy case to trade in its securities.
Dan Gropper of Aurelius Capital Management testified Monday that Aurelius made sure its traders did not use nonpublic information he other officials learned of during bankruptcy negotiations. Gropper said Aurelius even spent $150,000 to soundproof his office so others could not hear his conversations.
Gropper will resume testifying Tuesday as a Delaware judge considers whether to approve Washington Mutual's reorganization plan, which is opposed by shareholders. The plan centers on the settlement of lawsuits pitting Washington Mutual, the Federal Deposit Insurance Corp. and JPMorgan Chase against one another after the FDIC seized WaMu's flagship bank in 2008 and sold its assets to JPMorgan.
http://finance.yahoo.com/news/...enies-inside-apf-2494154868.html?x=0
Gruß
Dude44
Hedge Fund Denies Insider Trading Claims In WaMu Ch. 11
Law360, Wilmington (July 18, 2011) -- Aurelius Capital Management LP — one of four hedge funds accused of insider trading by Washington Mutual Inc. shareholders — parried those allegations in Delaware bankruptcy court Monday, detailing painstaking procedures undertaken to keep confidential information away from its traders.
Aurelius Managing Director Dan Gropper took the stand as WaMu’s second try at confirming its Chapter 11 plan entered its main event with shareholders pressing that the hedge fund — along with Owl Creek Asset Management LP, Appaloosa Management LP and Centerbridge Partners LP — used...
http://www.law360.com/articles/258758/...trading-claims-in-wamu-ch-11
Gruß
Dude44
Jetzt werden die Weichen gestellt, vor allem ob wir noch mit im Boot sind, wenn es darum geht, JPM und FDIC ans Messer zu liefern.
Es könnte aber auch in etwa so ablaufen:
Aus Sargents Vita:
"With a team of Susman Godfrey attorneys led by Steve Susman, Mr. Sargent represented a consortium of eighty financial institutions in claims against a big-four accounting firm. Mr. Sargent's clients had loaned $2.1 billion to fund a merger and later learned that the borrower's financial statements had been inaccurate. The case settled the day before jury selection was to begin on terms favorable to Susman Godfrey's clients."
|
Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
60 | 67.443 | Coop SK Tippspiel (ehem. WMIH) | ranger100 | Terminator100 | 25.04.24 23:34 | |
46 | 13.495 | █ Der ESCROW - Thread █ | union | KeyKey | 25.04.24 18:31 | |
162 | 86.765 | COOP News (ehemals: Wamu /WMIH) | Pjöngjang | JusticeWillWin | 25.04.24 15:30 | |
8 | 1.310 | WMIH + Cooper Info | Orakel99 | lander | 24.04.24 16:54 | |
349 | 198.955 | Wamu WKN 893906 News ! | plusquamperfekt | union | 10.03.24 17:21 |