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Gold/Mining/Energy : Position Trading in Canada

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To: Vitalsigns who wrote (1913)1/8/2000 3:56:00 PM
From: StockPro  Read Replies (2) of 2259
 
It appears that a rogue trader has lost TRP a bundle. How long has management known about this little incident?

*** Selected quotes from the news release at StockWatch ...

"North America's largest pipeline company, alleges the losses were caused ... beginning in 1996 and continuing the following year."

"The speculative trading was discovered in January of 1998, according to a statement of claim filed in a Calgary court."
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