Re:The Secret Money Behind ‘The Wolf of Wall Street’
by chollida1 on Friday April 01, 2016 @09:41PM
(#11409827)
If you haven't done any reading on the fund behind all of this (1MBD) then you should, its all stuff that sounds like an onion article.
It has
- ties to the highest level of wall street, with a few very high up people at GS loosing their jobs over this,
- the prime minister of a small country,
- Cayman islands shell companies
- a few hedge funds who have had to be wound down because of this
- and now a holly wood connection
There are investigations in over 10 countries now due to the activities of this fund. I'm guessing there will be more jail time handed out from this than over the 2008 financial crisis.
It has
- ties to the highest level of wall street, with a few very high up people at GS loosing their jobs over this,
- the prime minister of a small country,
- Cayman islands shell companies
- a few hedge funds who have had to be wound down because of this
- and now a holly wood connection
There are investigations in over 10 countries now due to the activities of this fund. I'm guessing there will be more jail time handed out from this than over the 2008 financial crisis.
http://graphics.wsj.com/1mdb-decoded/
https://en.wikipedia.org/wiki/1Malaysia_Development_Berhad_s...