The last, frantic days of Perot family hedge fund
Monday, April 27, 2009 : Permalink
Dallas Morning News – To bank employees monitoring the hedge fund’s collapse, the e-mailed instructions were emphatic. "No securities, or cash, FOR ANY REASON are allowed to be sent out from JP Morgan." At issue that morning last November were the accounts of Parkcentral Global Hub Ltd., a Bermuda-chartered fund run from Plano and Dallas by the Perot family, one of the richest families in the world. J.P. Morgan Chase & Co. was the fund’s banker and a trading partner.
Tags:
amp, collapse, dallas morning news, global hub, hub ltd, j p morgan chase, j-p-morgan, jp-morgan, last-november
