-
$1.5 Million Sent in Error to Money Manager (Both Are Missing)
In the board game Monopoly, when the bank makes an error in your favor, the player gets to keep the money. A hedge fund manager is acting as if he has drawn that lucky card for real, a lawsuit against him contends. Credit Suisse says it wired a total of $1.5 million in three transactions to the hedge fund’s bank account on one day in January. Two weeks later, according to its lawsuit, the bank realized it had made a mistake: At the time of the wire transfers, the hedge fund, Galbraith Capital Investment Management, was winding down operations and it had no cash left in its account with Credit Suisse. The bank asked ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 30, 2014 6:04am Oct 30, 2014 6:04am
- Guest
- | IP XXX.XX.172.86
- Comment #2
- Quote
- Oct 30, 2014 6:09am Oct 30, 2014 6:09am
- Guest
- | IP XXX.XXX.61.134
- Comment #3
- Quote
- Oct 30, 2014 6:21am Oct 30, 2014 6:21am
- venzen
- Joined Jul 2011 | Status: good | 456 Comments
cryptocurrency everytime
- Comment #4
- Quote
- Oct 30, 2014 7:26am Oct 30, 2014 7:26am
- Alone.
- | Joined Aug 2014 | Status: learning and growing | 3 Comments
- Comment #5
- Quote
- Oct 30, 2014 7:36am Oct 30, 2014 7:36am
- Guest
- | IP XX.XX.9.92
- Comment #6
- Quote
- Oct 30, 2014 12:35pm Oct 30, 2014 12:35pm
- thegmann
- | Joined Jun 2014 | Status: Member | 40 Comments
- Comment #7
- Quote
- Oct 30, 2014 12:52pm Oct 30, 2014 12:52pm
- nAVIN2007
- Joined Dec 2007 | Status: mac daddy junior :) | 389 Comments