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Frank

In the film's tomorrow, Soylent Green is people and the oceans are dying. In our today, indeed, things aren't much better. Bravo Eliane! Well said!

Elaine Meinel Supkis

Aren't the names of these guys a hoot? They make it so much easier for me to find some humor in all this.

Frank

Would that Pirate Jenny were waiting offshore to greet the Queen's hell hounds!

Lisa

From Google Cache 2 Sentinel pages:

http://209.85.135.104/search?q=cache:h9V_NBia2B4J:www.sentgroup.com/cont.html+&hl=de&ct=clnk&cd=1&gl=de

http://209.85.135.104/search?q=cache:xvDt-hLZXzEJ:www.sentgroup.com/disclaimer.html+&hl=de&ct=clnk&cd=2&gl=de

"Its senior management team alone represents more than 200 years of combined experience in the financial services industry." Great.

Bokonon

I am kicking myself. Since Elaine had previously featured Sentinel, I googled Sentinel just to see what the fuss was (Friday Australian time). I should have saved the web pages that Sentinel had left to file. (The main one had gone).

I am sure that Sentinel had made some claim that it had not lost any money for its clients since it started in 1979.

Dutch renter

One small detail: Rabo in Rabobank is derived from the first to letters of the original 19th century founder, Raiffeisen, and al later partner after an merger, de Boeren leenbank (meaning farmer's bank in dutch). I don't think there was any pun intended here.

Brgrds,
Dutch renter

Lisa

"Why should you choose Sentinel?"

http://209.85.129.104/search?q=cache:im0YBNpTOFQJ:www.sentgroup.com/why.html+Sentinel+Management+Group&hl=ca&ct=clnk&cd=2&gl=es

Elaine Meinel Supkis

Thanks for the history, Dutch Renter! Of course, I figured the name had a different genesis. But it is still very amusing that it sounds like Rob a bank. I call this 'harmonic happenstance' and it fits, too.

And yes, Sentinel is trying to cover its tracks. After all, the USS SEC is now in hot pursuit!

Cato

Elaine, apart from your informative pages readers can also learn about mortgage finance company failures at ML Implodometer and hedge fund diasters at HF Implodometer. It's about time someone tracked the human fallout with a pulsating counter as the blame game heats up. Can we subscribe to email alerts too?

While "Kenny Boy" gets founder status and the lifetime achievement award in my opinion, Jeff Wells over at Rigorous Intuition may have identified the next inductee:

"Tony Blair's friend, millionaire banker Nicholas Lethbridge has had a great fall. Formerly of the Saudi International Bank, the World Bank and the investment firm Babcock and Brown, Lethbridge died last week from injuries sustained at his 11th century estate in the south of France. "It is believed he fell after getting up early to make himself a cup of coffee...tragically crashing through the balustrade and down a stairwell." Well, these things happen. And with some frequency within the circles of a certain kind of money."

Elaine Meinel Supkis

Wow. Some strong cup of coffee! I can't put the meters on my blog easily, alas. But thanks for telling me about them.

Hedge Funds

The diversification and the institutionalization of a Hedge Fund like Citadel are becoming more prevalent. And it's fair to say that going public is the direction that Ken [Griffin] wants to go.

Elaine Supkis

Going public is all about fleecing more sheep. Just like we are seeing the heads of Citigroup and Morgan Stanley and Merrill Lynch dash off with many millions while the public who invested in them are taking a bath, indeed.

A fool and his money are soon parted but partners in crime all run away, rich, if the cops don't catch them before they flee to foriegn nations [one of which starts with an 'I'].

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