Wednesday, September 2, 2009

Will Sarah Palin Punk the Living Borat out of the CLSA?

Hong Kong Broker Pulling A "Borat" On Sarah Palin

I am going to make this one thread short and sweet...

What I want to know is if Sarah Palin will punk the living Borat out of the CLSA for lousy investment practices....
HONG KONG (AP) — A former banker at one of Asia's top stock brokerages and an ex-fund manager have been jailed in Hong Kong for insider trading that reaped illegal profits of more than half a million dollars, regulators said. Allen Lam, former investment banking director at broker CLSA, was sentenced Monday to six months in prison and ordered to pay fines of $69,000 Hong Kong dollars ($9,000), the territory's Securities and Futures Commission said in a statement. His friend Ryan Fong, a former fund manager at HSZ (Hong Kong) Ltd., received a one-year jail term and was fined nearly ....
To be continued for sure...

- Tom

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