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Fairfax's Once-Sprawling Racketeering Suit Shrinks...


Parsad
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Article on Fairfax's suit, the hedge funds that have been dismissed, and the suits remaining against Exis Capital and Morgan Keegan.  You can say what you want about the evidence against SAC and Kynikos, but the evidence against Exis seems pretty significant.  And the fact that Morgan Keegan terminated Gwynn for front-running reports on Fairfax to certain hedge funds is pretty damning.  Cheers!

 

http://www.bloomberg.com/news/2012-03-01/fairfax-s-once-sprawling-racketeering-suit-shrinks-as-hedge-funds-drop-out.html?cmpid=yhoo

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Yes, our suit shrinks, but I'm still with this battle, even if it cost us a little. Even if we lost, the hedge funds and their puppets stopped to spread their vomit the day Fairfax filed the suit and we can now sell our toasters without being annoyed by these people.

 

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