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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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From: ravenseye10/29/2007 11:14:05 AM
   of 5673
 
National Post
Diane Francis
A journalist's take on business, news and people in Canada and the U.S.
Fairfax Financial Wins over S.A.C. Capital Management et al
S.A.C. Capital got the equivalent of a "yellow" card, or official wrist slap, in court recently when an American judge refused to dismiss a US$6-billion lawsuit by Toronto’s Fairfax Financial Holdings Ltd. against S.A.C. and 22 other defendants.
Fairfax is suing S.A.C. and others for financial damages which resulted from the creation of a short-selling, disinformation conspiracy designed to drive down Fairfax stock....
communities.canada.com
...Short-selling is a legitimate strategy, but the whispering campaign against Fairfax spread false information which, if proven, would be illegal. Judge Wilson remarked on Fairfax’s resilience....
...the next step is for examinations for discovery to be conducted under commercial libel, interference in contracts and under organized criminal activity, or RICO, statutes.


Published Monday, October 22, 2007 1:03 PM by Diane Francis
Filed under: Greed, Litigation
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