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To: long-gone who wrote (53212)5/24/2000 9:48:00 AM
From: LLCF  Read Replies (1) | Respond to of 116764
 
<It allegedly sold investment products to help Japanese corporate clients suffering capital losses on bond holdings, and failed on other occasions to submit transaction reports on completed futures trading deals.>

I think this is the third derivative house... CSFP last year, and someone else just a couple of weeks ago. Not unlike the situation described in 'liars poker' where nice neat tidy contracts are pakaged to make the old portfolio 'look' better. In this country since it wasn't against 'the letter of the law" it never became such a big deal.

DAK