A surprising turn of events last friday. According to Paul Schaink, one of the joint liquidators of the firm, there’s a deal with the insurance company AIG. It will cover most of the estimated EUR 126 million claim against former board members. Details of the settlement will follow in a few weeks. Judge decided in 2013Read more
Frank Vogel's GSFS has been trolling the DNB (De Nederlandsche Bank – The Dutch Bank) to the max. His firm GSFS, once closely tied to Van der Moolen, is a specialist in international dividend tax arbitrage. Taking advantage of loopholes in international tax laws, the firm has always been controversial and hated by the allRead more
Interesting story in Quote magazine this month on the dividend double dipping cowboy Frank Vogel. A macher with a lot of bravoure. Made a fortune for Fortis Global Securities Lending and Arbitrage (GSLA) at the turn of the century and pocketed millions of bonus as well. Was shown the door as the bank felt his kingdomRead more
