Investigation To Be Launched, Will The Sec Cooperate?

[French jurist]

Kicillof is asking for an investigation to be launched

http://www.lanacion.com.ar/1715196-kicillof-pide-investigar-la-compra-de-polizas

 

[citygirl]

Seriously? Wow, apparently they're going with the tactic of throwing mud everywhere and hoping some of it sticks long enough to distract the population.

 

[asador]

Of course not. This is ridiculous.

 

[French jurist]

Actually Singer is already being sued for another case of insider trading

http://www.bloomberg.com/news/2014-05-05/france-s-amf-says-elliott-used-nonpublic-information-correct-.html

Wouldn't be that surprising since he would do anything for $$$$

 

[French jurist]

The SEC in a case of insider trading involving CDS

http://www.securitiesdocket.com/wp-content/uploads/2009/05/sec-complaint-rorech-and-negrin.pdf

 

[French jurist]

That's indeed weird, to say the least, that the default was approved by Elliott (Singer) among others and that Griesa, who had ruled mistakenly on the Euro + Japanese bonds (as he admitted it) fixed the situation just a few hours after the CDS were activated.

 

[Hybrid Ambassador]

Sanger will do anything for profit? Well, after all..He is a wall street guy, he graduated from school of Michel Milken.
He once said, if you are not greedy, you are not cut out to be in the game.

==================================================================================

Former junk bond king Michael Milken has more leverage than ever. Three decades after mastering the art of raising money, the man whose indictment on securities violations brought down Drexel Burnham Lambert now trades more heavily in intellectual capital.
This year, Carlos Slim, the world’s richest man, and one-time British Prime Minister Tony Blair joined familiar faces from his Drexel days at his annual Beverly Hills jamboree. These growing introductions and networks in areas such as education and healthcare arguably make Milken even more powerful than when he was the hub of high-yield debt.
The Milken Institute Global Conference and its approximately 3,000 attendees may as well be a giant game of Six Degrees of Michael Milken. Though his own program biography understandably omits any reference to Drexel and his time in jail, the panels are populated by the defunct investment bank’s vast diaspora. Among them: Joshua Friedman, co-founder of Canyon Partners; Jonathan Sokoloff, managing partner of Leonard Green; Ted Virtue, chief of MidOcean Partners and; Andrew Whittaker, vice chairman of Jefferies.
Beyond that is a long list of former clients roaming the halls of the Beverly Hilton, including media mogul Rupert Murdoch, casino magnate Steve Wynn and oil tycoon T. Boone Pickens. Some connections aren’t as immediately apparent.
http://blogs.reuters.com/breakingviews/2013/05/01/former-junk-bond-king-has-more-leverage-than-ever/

 

[ARbound]

The Argentine government suffers from delusions of grandeur and an over inflated idea of
significance in world affairs. I don't know if they did anything wrong or not, but if our government
and European governments can't give Wall Street firms more than a slap on the wrist I really
struggle to see what else besides a distraction this is meant to be.

Someone give Xtina Darrell Isa's number so they can hold a joint session of the Itty Bitty Titty Conspiracy Committee.

I saw this and laughed, what a waste of government resources...

 

[Rich One]

Sanger will do anything for profit? Well, after all..He is a wall street guy, he graduated from school of Michel Milken.
He once said, if you are not greedy, you are not cut out to be in the game.

==================================================================================

Former junk bond king Michael Milken has more leverage than ever. Three decades after mastering the art of raising money, the man whose indictment on securities violations brought down Drexel Burnham Lambert now trades more heavily in intellectual capital.
This year, Carlos Slim, the world’s richest man, and one-time British Prime Minister Tony Blair joined familiar faces from his Drexel days at his annual Beverly Hills jamboree. These growing introductions and networks in areas such as education and healthcare arguably make Milken even more powerful than when he was the hub of high-yield debt.
The Milken Institute Global Conference and its approximately 3,000 attendees may as well be a giant game of Six Degrees of Michael Milken. Though his own program biography understandably omits any reference to Drexel and his time in jail, the panels are populated by the defunct investment bank’s vast diaspora. Among them: Joshua Friedman, co-founder of Canyon Partners; Jonathan Sokoloff, managing partner of Leonard Green; Ted Virtue, chief of MidOcean Partners and; Andrew Whittaker, vice chairman of Jefferies.
Beyond that is a long list of former clients roaming the halls of the Beverly Hilton, including media mogul Rupert Murdoch, casino magnate Steve Wynn and oil tycoon T. Boone Pickens. Some connections aren’t as immediately apparent.
http://blogs.reuters...rage-than-ever/

Vulture Funds defaulted Bonds trading are the international version of Miken's Trash bonds Trading circa 1985---!

 

[dennisr]

SEC is a joke, at the mercy of Congress for funding. No $$$, no enforcement. Waste of time thinking they shall do anything.