These guys are slow

Two weeks after the Madoff collapse Walter Noel’s firm just today remembered to yank the name of his niece off the Fairfield Greenwich Group website as its “man in Brazil”. Turns out she isn’t registered in that country to sell securities so her doing so would be, as Caroline Kennedy might put it,”like, illegal, you know?”  This gang really can’t shoot straight and they’d better hire damage control quickly – it shouldn’t take a call from a curious Wall Street Journal reporter to remind you to cover your tracks. Come on, Walt, Greenwich’s reputation is on the line here.

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