Thursday, July 5, 2007
A number of other former LTCM executives work at GlobeOp .. AND WE KNOW WHAT HAPPENED TO THAT !!!
The £52 million flotation in London of a private equity-backed financial services group was pulled last night after a collapsed American hedge fund took legal action, blaming the firm for its spectacular downfall. A number of other former LTCM executives also work at GlobeOp. Other key staff include Clay Brendish, co-founder of the UK insurance group Admiral, who is nonexecutive chairman, and David Gelber, a consultant to the bond trading group Icap.