Posted on 07/11/2007 9:43:09 PM PDT by neverdem
Couldn’t happen to a nicer guy.
I remember reading a while back that U.S. Attorney General Alberto Gonzalez has never exchanged e-mails in his current capacity -- perhaps in his life.
Irony is a bitch, isn’t it??
SERIOUSLY THOUGH, you are seeing this more and more...
I fear in the end that the Internet will be killed in America, using legal liabilities as the excuse...
My attorney abandoned computers a decade ago, when he realized that while the privileged info on the hard Drive couldn’t be subpeopned, the computer (with the hard drive in it) could...
Your political class, hard at work, covering their tracks!
Law school 101; never commit anything to paper (or in todays world email), that you wouldnt want the world to see.
Makes sense. I recall reading that Clinton never communicated via email when he was president. He had sent only one email, when the account was set up.
When William McDonough, president of the New York Fed, convened all the investment bankers, literally worldwide, to bail LTCM out, Corzine's partners (remember, GS was a private company at the time) didn't want to play. Corzine GOT them to play, in one of the most unethical financial activities in history, by having one of his computer boffins download ALL of LTCM's positions and then having his traders trade against LTCM...all of this, mind, while he and GS were nominally supporting the bailout group.
We may rail against Soros and one or another corrupt big money guy, but Corzine is, on his own behaviour, the single greatest financial scumbag of the last 100 years (at minimum!).
And, no, I do not live in NJ, nor ever have.
Never write when you can talk; never talk when you can nod; never nod when you can wink.
New Jersey was better off when the Sapranos ran things.
"Gov. Jon Corzine now admits he gave union leader Carla Katz even more money than he led us to believe during the 2005 campaign. But he won’t say how much more."
"Katz, a divorced mother of two earning about $100,000 a year."
"Katz recently bought a luxury condominium in Hoboken for $1.1 million cash, in the same building where Corzine lives."
"She has two children in a private school in Pennsylvania where tuition is $22,000 a year."
"She has a full scholarship at Seton Hall University Law School, which she was awarded one year after Corzine gave the university’s school of international affairs a gift of $1million. Corzine wrote the personal recommendation in her application, his office confirmed yesterday."
"But we do know the governor was misleading about this during the campaign. After public records revealed that he gave Katz the gift of $470,000 by forgiving a mortgage he had provided, he pretended that was the end of it."
Thanks for the info. Get hard copies from the Star Ledger. They killed the link.
No, LTCM cleared through Bear Stearns. GS was a frequent financier of LTCM’s trades, and many times also a counterparty.
GS of course knew their own dealings w/LTCM. However, as you also probably know, LTCM was mostly an arb house. They were in the habit of putting on one side of an arb with one counterparty and putting on the other side, quite deliberately, with a different counterparty.
The net result of this, of couse, is that, until the crunch came, absolutely noone outside of LTCM knew who was exposed to what, and for how much.
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