UPDATE 2-SEC alleges insider trading in Global Industries
The U.S. Securities and Exchange Commission filed an insider trading lawsuit in connection with the recent purchase of U.S. underwater oil services company Global Industries Ltd
Join the discussion below, or Read more at Reuters.
#1 Sep 20, 2011
UPDATE 4-SEC alleges insider trading in Global Industries
Mon Sep 19, 2011 6:12pm EDT
By Dwight Baker
The SEC said the purchases were made through an account in the name of Austria's Raiffeisen Bank International AG (RBIV.VI) held at broker-dealer Brown Brothers Harriman & Co.
FOLLOW THE NAME TRAIL
In 1924, Bush became vice-president of A. Harriman & Co. His father-in-law, George Herbert Walker also worked with the company, as did E. Roland Harriman and Knight Woolley, Bush's Yale classmates and fellow Bonesmen. In 1931, Bush became a partner of Brown Brothers Harriman & Co., which was created through the 1931 merger of A. Harriman & Co with Brown Bros. & Co.(a merchant bank founded in Philadelphia, Pennsylvania, in 1818) and with Harriman Brothers & Co.(established in New York City in 1927).
In the names are clues about who what and how businesses were grown. And while our nation sits drowning in debt UNDERWATER caused by GW BUSH and his collection of fall back warmongering thugs know as NEOCONS is it any wonder with a in-breed training as he got things turned out to be all wrong for us?
NOW who is at the bottom of the barrel that has dirty sticky money hungry fingers? I hope the SEC makes a case and follows up with charges and convictions that include jail time.
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