Results tagged “lawsuits” from Dealbreaker
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Hedge Fund Investor Relations Girl Sues Over Being Taken To Strip Clubs, Dumb Blonde Jokes
Nov 10, 2009, 8:45am
Posted by Bess Levin
And more! Oh yes, Jordan Wimmer has a whole host of grievances to air in the direction of her former boss, Nomos Capital founder Mark Lowe, and she's doing so in a lawsuit seeking £4 million. First off, Wimmer does...
Nomura Banker Not Amused By Being Told She Was Better Suited For Housework, Boss Referring To Her Rack As "Knockers"
Nov 04, 2009, 2:18pm
Posted by Bess Levin
Kidding, no one would ever use a term like that in the office. What the guy actually called them was "honkers." As previously discussed, Nomura's acquisition of Lehman's internal operations has not gone as smoothly as everyone had hoped. The...
Andy And Mark Madoff Sued On Grounds That They Are Complete Morons
Oct 02, 2009, 3:27pm
Posted by Bess Levin
Irving Picard promised Sunday that he would bankrupt Andy and Mark Madoff and he was not kidding! The spawn of Satan, along with their cousin Shana and uncle Peter, have been sued for $199 million. The good news is that...
Nobody Takes Dan Loeb For A Ride
Sep 30, 2009, 1:49pm
Posted by Bess Levin
Not the market, not Ken Griffin and not some sheisty moving company. One and two learned that the hard way and now the fools at Auer's Moving & Rigging are getting a crash course in what happens when you try...
Lessons In CMBS Semantics
Jun 24, 2009, 12:47pm
Posted by Greg Michaels
The CMBS lawyers involved with the Extended Stay bankruptcy must be having a field day with the tightrope walking real estate investor David Lichtenstein is doing to save his skin. Under a proposed bankruptcy restructuring plan, Extended Stay would see...
Structured Products Back In The Line Of Fire
Jun 16, 2009, 10:11am
Posted by Greg Michaels
It seems small retail investors are still a glutton for punishment. A number of retail investors learned a harsh lesson last year when the convertible feature of their reverse convertible bonds kicked in and their high yielding bonds morphed into...
Capt. Sully Probably Saved AIG Millions
Jun 12, 2009, 12:40pm
Posted by Greg Michaels
No stranger to bailouts themselves, AIG is not going to bail out people who suffered losses or minor injuries from the US Airways flight that went down in the Hudson River. For those who were looking for a nice payday...
Hedge Fund Investors Seek Money Bear Does Not Have
Apr 08, 2008, 2:03pm
Posted by Bess Levin
Remember that pair of hedge funds Bear had a movie reviewer running which, in retrospect, wasn’t the best idea and might’ve contributed to their collapse? Bunch of the people who lost their money when the two ridiculously named funds went...
Morgan Stanley Sued Over Auction Rate Securities
Posted in Auction Failure, Auction Rate Securities, Legal, Mar 25, 2008, 2:21pm
Posted by John Carney
More auction rate securities lawsuits are hitting the courts. A lawsuit was filed today in federal court in Manhattan alleging that Morgan Stanley “deceptively marketed” auction-rate securities as cash alternatives, Market Watch is reporting. "Instead of disclosing the true nature...
