Wall Street Wonderland

The good, the bad and the unspeakably ugly and everything in between, so help us!

Thursday, September 28, 2006

Spitzer Uncovers Market Timing Free-for-All

Who knew New York’s Governor-to-be still had time to earn his Attorney General pay?
The man is full of surprises and depending on who you talk to, say, Brian Zino, President of J&W Seligman, other less desirable things. Seligman, it seems had been green-lighting secret timing arrangements big time. .Suspected, Seligman claimed to have conducted a thoroughly investigation and found the trouble limited to four little cases, with damage amounting to about $2 million. The real damage closer to $80 million. If they gave a Nobel for crooks with the most initiative, Seligman would be on the short list. .

http://village.albourne.com/user/news.pcg?id=23581”>Spitzer's Lawsuit Uncovers Rampant Market Timing At Seligman [Village Albourne]

0 Comments:

Post a Comment

<< Home