Thursday, July 5, 2007
A number of other former LTCM executives work at GlobeOp .. AND WE KNOW WHAT HAPPENED TO THAT !!!
Finance group scraps float after legal action by collapsed US hedge fund
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.
Posted by chris :-)) @ 05:43 AM (351 views)
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Orwell says:
And Archeus it seems are suing their administrators….
And lawyers and Accountants?
Oh dear oh dear … hope they have deep pockets…