Statement by Christopher Whalen before the Committee on Banking, Housing and Urb (Press Releases)
Following is the statement by Christopher Whalen before the Committee on Banking, Housing and Urban Affairs Subcommittee on Securities, Insurance, and Investment United States Senate June 22, 2009
Sir Allen Stanford, the Texan billionaire accused by US regulators of perpetrating an $8bn fraud, was yesterday arrested in Richmond, Virginia by federal law enforcement officials.
Vincent Tchenguiz has overthrown the board of Bramdean Alternatives, the listed hedge fund and private equity fund of funds, in what is expected to be the precursor to a liquidation of its assets.