FYI Barclay Bank kalau bangkrut bagaimana mungkin…. Katanya mau beli ABNAMRO ….?
_____ From: obrolan-bandar@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of laksono dwighty Sent: 31 Mei 2007 12:03 To: obrolan-bandar@yahoogroups.com Subject: Re: [obrolan-bandar] Re: RISET INCO FROM BK You mean barclays (with s ) pak not not barclay bank...gak ada di company code tuh... bangkrut.... waaa..... hehehehe....-the largest bank in U.K. bangkrut...? kalau iya sudah rontoklah sistem perbankan dunia ini... dibawah ada story mengenai barclays....-mudah2an bahasa inggrisnya gak terlalu sulit buat dipahami... salam †Barclays Asks Court To Dismiss Suit Stemming From SEC Probe † +Barclays+ PLC (BCS) says a former employee accusing the bank of turning a blind eye to the questionable trading practices of its distressed-investin-g desk wasn't entirely upfront about his own role in the affair, which has spurred a federal securities investigation. The U.K. bank is asking a U.S. district court in New York to throw out a lawsuit filed by Michael Econn, a former investment analyst who worked for +Barclays+ Capital's debt-trading desk. Econn claims he was punished for refusing to cover up the desk's trading of +bankrupt+-company debt while in possession of confidential information gained by sitting on bankruptcy creditor committees. Econn, who left +Barclays+ in 2004, said his compensation was cut and he was forced to cover his own legal fees after the bank found out he had revealed information about the desk's trading activities during a Securities and Exchange Commission investigation begun in 2004. +Barclays+, however, said it stopped paying Econn's legal fees during the SEC probe because he withheld from it crucial information about the debt-trading practices. "In April 2006, +Barclays+ learned that during the two years of the investigation Econn had concealed from +Barclays+ important information about efforts of his co-workers to obstruct internal and external investigations,-" the bank said. "Econn only revealed that information when compelled to testify pursuant to SEC subpoena." +Barclays+ called Econn's claim that he's entitled to unpaid bonuses and equity awards "frivolous." An attorney for Econn wasn't available to comment Friday afternoon. The bank said Econn himself failed to inform its legal department, compliance department or his supervisor on the distressed-trading desk that he had signed a form "specifically prohibiting" transactions in the debt of Galey & Lord after joining the creditors committee in the company's Chapter 11 bankruptcy case. "After the official creditors committee formation meeting, the desk continued to trade in Galey & Lord debt," +Barclays+ said. Econn said the distressed-trading desk, which held and traded the debt of companies in or approaching bankruptcy, began joining the committees that represent unsecured creditors in Chapter 11 cases in 2002. Members of creditors committees receive non-public information and are often barred from buying or selling a company's debt. Econn claims the +Barclays+ desk kept trading the debt even after getting a seat on such committees, explaining that the trades were allowed if the counterparty signed a "big boy" letter acknowledging that +Barclays+ might have access to non-public information. In the March lawsuit, Econn said he "made it clear that he would not participate in a cover-up." +Barclays+, in turn, "chose to impose penalties on Econn and eventually force him to leave, breaching its compensation obligations.-" The trading activity caught the eye of the SEC in April 2004, about a year after the Galey & Lord creditors committee sought the distressed desk's records on suspicion that the desk had traded the textile company's debt in violation of the agreement Econn signed. The SEC has expressed concern that investment firms, notably hedge funds, have misrepresented the extent of their holdings to get on a +bankrupt+ company's creditors committee and have allowed confidential information obtained by sitting on such a committee to pass on to its traders. The agency took notice when Blue River Capital LLC founder Van Greenfield was accused of lying to get on the creditors committee in WorldCom Inc.'s Chapter 11 case. Greenfield, who paid a $150,000 fine to settle the charges in November 2005, was also accused of allowing insider information he obtained from the committee to pass to his firm's traders. After the inquiry from the Galey & Lord committee, +Barclays+ tapped law firm Allen & Overy to conduct its own inquiry. The bank said it "actively encouraged" cooperation with the SEC investigation. James Arifin <[EMAIL PROTECTED]> wrote: udah dong uncle suruh bozz jual aja portfolionya daripada kena margin call. Saya lupa tuh ada FUND MANAGER yang pintar banget bikin Barclay Bank bangkrut more than the bank profit margin. Ingat FUND MANAGER juga manusia yang bisa buat salah. On 5/31/07, laksono dwighty <HYPERLINK "mailto:[EMAIL PROTECTED]"[EMAIL PROTECTED]> wrote: nggak jelas..... hehehehe.... ngomongnya bentley and ferrari...padahal cuma punya innova tapi lucu juga... never in this world that a fund manager would have their loss more than their profit margin territory...-. within a month...? 1850..? bisa aja sih...kalau semua fund manager buta... capek deh... James Arifin <[EMAIL PROTECTED] "http://gmail.com/"; \ngmail.com> wrote: hahahah ... emang bilang 1850 langsung terjun yah boss, perlu waktu dong sama seperti bilang ke 2600 juga perlu waktu. Selama itu yah trading dong masak melongo aja market naik turun. Terus apa saya bilang beli??? Ferrari paling disukai karena warnanya yang merah menantang ... Bentley biru memang menarik tapi merah lebih seksi dan kebut On 5/31/07, laksono dwighty <HYPERLINK "mailto:[EMAIL PROTECTED]" [EMAIL PROTECTED] > wrote: kok posisi beli...? bukannya indek mo ke 1850..? hasil kongkow2 kemaren..? James Arifin <[EMAIL PROTECTED] "http://gmail.com/"; \n gmail.com> wrote: gue nggak naked short aja turun, cuma gudang jadi kinclong ama lebih lega ... mau ganti ama Ferrari aja nggak tertarik ama Bentley. On 5/31/07, laksono dwighty <HYPERLINK "mailto:[EMAIL PROTECTED]" [EMAIL PROTECTED] > wrote: my biggest support for you pak..... biasanya yang ngomong negative dah gak punya barang and kalaupun ngeshort paling banter 2 lot atau 3 lot.... yang penting ngomongnya gede pak.... Vic <[EMAIL PROTECTED] "http://yahoo.com/"; \nyahoo.com> wrote: dah gw baca. ternyata tp naik dari 36500 jadi 44500. rating netral, rekomen buy buat short term. kalo pake skenario 1 tp 61721. pake skenario 2 tp 98179. ternyata di milis banyak plintiran heheheh. asik jg gw ngeliat banyak yg dah gak punya barang tapi rajin banget komen negatif. artinya masih ngarepin dapet barang murah kan heheh. masih banyak yg cinta mining euy. harap2 cemas hahahahah ayo donk jgn omdo. ngeshort donk. biar gw pungut di bawah neh. kalo emang bandar dibikin turun lagi donk. 45000 gicu. kalo cuma ritel kayak gw mending diem aja deh. gak epek soalnya. --- In HYPERLINK "mailto:obrolan-bandar%40yahoogroups.com"; [EMAIL PROTECTED] , "Andri Wijaya" <[EMAIL PROTECTED]> wrote: > > TARGET 44500 > selamat membaca > regards > _____ Looking for a deal? HYPERLINK "http://us.rd.yahoo.com/evt=47094/*http:/farechase.yahoo.com/;_ylc=X3oDMTFic DJoNDllBF9TAzk3NDA3NTg5BHBvcwMxMwRzZWMDZ3JvdXBzBHNsawNlbWFpbC1uY20-" \nFind great prices on flights and hotels with Yahoo! FareChase. _____ Park yourself in front of a world of choices in alternative vehicles. HYPERLINK "http://us.rd.yahoo.com/evt=48246/*http:/autos.yahoo.com/green_center/;_ylc= X3oDMTE5cDF2bXZzBF9TAzk3MTA3MDc2BHNlYwNtYWlsdGFncwRzbGsDZ3JlZW4tY2VudGVy" \nVisit the Yahoo! Auto Green Center. _____ Choose the right car based on your needs. Check out HYPERLINK "http://us.rd.yahoo.com/evt=48518/*http:/autos.yahoo.com/carfinder/;_ylc=X3o DMTE3NWsyMDd2BF9TAzk3MTA3MDc2BHNlYwNtYWlsdGFncwRzbGsDY2FyLWZpbmRlcg--+" \nYahoo! Autos new Car Finder tool. _____ Be a better Heartthrob. HYPERLINK "http://us.rd.yahoo.com/evt=48255/*http:/answers.yahoo.com/dir/_ylc=X3oDMTI5 MGx2aThyBF9TAzIxMTU1MDAzNTIEX3MDMzk2NTQ1MTAzBHNlYwNCQUJwaWxsYXJfTklfMzYwBHNs awNQcm9kdWN0X3F1ZXN0aW9uX3BhZ2U-?link=list&sid=396545433"Get better relationship answers from someone who knows. Yahoo! Answers - Check it out. No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.467 / Virus Database: 269.8.3/824 - Release Date: 29/05/2007 13:01 No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.467 / Virus Database: 269.8.3/824 - Release Date: 29/05/2007 13:01
