Archive - Story

January 14th

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Wait Is Over - Nortel Files for Bankruptcy





Despite our assumption that this would be a Southern New York Case, and in fact was a Delaware filing, the overall parameters turned out right.

 

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Schrenker Captured!





WSJ, and CNN report that Schrenker is in the custody of the Gadsden County Sheriff's Office. Lt. Jim Corder says Marcus is alive and well. Schrenker managed to traverse a distance of 275 miles, from the house he showed up at on Sunday night in Childersburg, Ala, to his current location at Tallahassee Memorial Hosptial as apparently he had slit his wrists shortly before being captured.

 

Tyler Durden's picture

Schrenker Captured!





WSJ, and CNN report that Schrenker is in the custody of the Gadsden County Sheriff's Office. Lt. Jim Corder says Marcus is alive and well. Schrenker managed to traverse a distance of 275 miles, from the house he showed up at on Sunday night in Childersburg, Ala, to his current location at Tallahassee Memorial Hosptial as apparently he had slit his wrists shortly before being captured.

 

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Have You Seen This Man?





And the list is growing... First Schrenker and now Raoul Weil, Former Chairman and CEO of Global Wealth Management at UBS. In the order attached below, Judge James Cohn of the Southern District of Florida announced that Raoul is now a fugitive. The UBS bigman, had been previously charged with tax fraud conspiracy.
 

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Have You Seen This Man?





And the list is growing... First Schrenker and now Raoul Weil, Former Chairman and CEO of Global Wealth Management at UBS. In the order attached below, Judge James Cohn of the Southern District of Florida announced that Raoul is now a fugitive. The UBS bigman, had been previously charged with tax fraud conspiracy.
 

January 13th

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Schrenker Gimmicks Put Bernie the Ponzasaur to Shame





As the media whirlwind over the latest Ponzmaster becomes more and more acute, the disclosures about his past keep mounting to a point where what Madoff has done in comparison will likely soon seem tame.

 

Tyler Durden's picture

Schrenker Gimmicks Put Bernie the Ponzasaur to Shame





As the media whirlwind over the latest Ponzmaster becomes more and more acute, the disclosures about his past keep mounting to a point where what Madoff has done in comparison will likely soon seem tame.

 

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GM: If Our Cars Keep Sucking, Suckers Keep Paying





According to GM COO Fritz Henderson, if the worst case scenario that the company has put together which calls for 10.5 million annual car sales (which is higher than recent market data shows for an annualized run-rate around 10 million), then the company will simply have to

 

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GM: If Our Cars Keep Sucking, Suckers Keep Paying





According to GM COO Fritz Henderson, if the worst case scenario that the company has put together which calls for 10.5 million annual car sales (which is higher than recent market data shows for an annualized run-rate around 10 million), then the company will simply have to

 

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Breaking News: This is Your New Morgan Stanley Smith Barney Broker Calling





Summary as disclosed in C press release:

  • More than 20,000 high-quality financial advisors;
  • $1.7 trillion in client assets;
  • $14.9 billion in pro-forma combined revenues;
  • $2.8 billion in pro-forma combined pre-tax profit;
  • 6.8 million client households globally – with a strong presence in the critically important
  • high-net-worth client segment; and,
  • A footprint of more than 1,000 offices around the globe.

Lead -> Gold

 

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Nortel Upping The Suspense To Fever Pitch





Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not co

 

Tyler Durden's picture

Nortel Upping The Suspense To Fever Pitch





Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not

 

Tyler Durden's picture

HeidelbergCement Trying to Avoid The Cement Shoes





HeidelbergCement, the world leader in aggregate production which over the past year has lost over 60% of its equity value, and one of the main holdings of recently deceased Adolf Merckle who got caught shorting Volkswagen (for a brief period of time the wo

 

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HeidelbergCement Trying to Avoid The Cement Shoes





HeidelbergCement, the world leader in aggregate production which over the past year has lost over 60% of its equity value, and one of the main holdings of recently deceased Adolf Merckle who got caught shorting Volkswagen (for a brief period of time the w

 

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Breaking News: WSJ Reports Citi on Way to Dismantle Itself





Whoa, busy day for breaking news

 
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