NatWest 3

  • NatWest 3

    The NatWest 3 Guilty Plea: Risk Management

    We noted our disappointment yesterday with the decision by the three British bankers—called The NatWest 3 by British tabloids—to plead guilty to one count each of wire fraud. The rubber hose and brass knuckles style of regulating business through the criminal justice system scored another undeserved victory, and unfortunately this will no doubt vindicate the […]

    / Nov 30, 2007 at 3:45 PM
  • NatWest 3

    NatWest Three Plead Guilty

    We won’t pretend we’re a not at least a little disappointed by the guilty pleas offered in a federal court in Houston by three British bankers yesterday. The bankers—Giles Darby, David Bermingham and Gary Mulgrew—pled guilty to one charge of wire fraud each and are expected to be sentenced to 37-months in jail. Those who […]

    / Nov 29, 2007 at 9:01 AM
  • NatWest 3

    Opening Bell 9.25.06

    Report: Chrysler could sell cars made by China’s Chery in U.S. (AP) Would any red-blooded American drive around a Chery? Probably not; that’s why Daimler is in talks with the Chinese automaker to license one of its small, fuel-efficient models for sale in the US under the Chrysler name. Remember, Chery is the company that […]

    / Sep 25, 2006 at 8:26 AM
  • NatWest 3

    A Year in Texas

    A judge yesterday set the trial dates for the NatWest 3, the three British bankers charged with looting Enron. Although David Bermingham, Giles Darbyand and Gary Mulgrew have complained about rulings requiring them to stay in the US while they await trial, their attorneys rejected an earlier date, claiming they needed more time to prepare […]

    / Sep 7, 2006 at 9:32 AM
  • NatWest 3

    NatWest Three In The Land of Litigation

    As if getting extradited by your mother country wasn’t bad enough, the NatWest three were reportedly served with subpoenas in an Enron shareholder class action suit less than 24 hours after they arrived in the US. David Bermingham, who obviously hasn’t exactly adjusted to his new life in the land of litigators, told the Toronto […]

    / Aug 9, 2006 at 10:37 AM
  • Enron, NatWest 3, NatWest Three, White Collar Crime

    NatWest 3=Iraq=Texas

    Earlier this week, we pointed out that our British friends were talking about the indictment of the NatWest 3 as if it had something to do with the Iraq war. Psychologically, the two had become linked, demonstrating that America was out of control and that the UK had some how become subservient to our rampages. […]

    / Jul 28, 2006 at 9:03 AM

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