Forbes magazine has reported that Louisiana State Attorney General Charles Foti filed a motion in state court last month to compel UBS to hand over 'vast quantities' of information on its trading, stock lending and other activities in respect of software firm Sedona. The documents are said to include 'trading records, monthly stock inventories, stock loan documentation, information regarding commission payments, customer account records and research done in house related to Sedona.
Bank of America (BofA) has called time on its private equity business in India. The unit, which was established to provide development capital in high-growth sectors such as technology, is said by BofA to be 'a very small operation and was not strategic to our goals in that area of the private equity business'.
Interesting that the Law Society came out last week and said that law firms need to do more to 'ensure a climate of acceptance and inclusivity' for gay employees.
Here's an item sent in about the Lucy Gao saga by one of our readers.
A store that sells husbands has recently opened in New York.
Here's a chance for you to use your imagination, and come up with a decent caption for this picture.
Fortune reports that Dan Schulman, CEO of Virgin Mobile, claims that one in five will interrupt s.x to answer their cell.
Reuters reports that, according to research firm Dealogic, 'Goldman Sachs Group and Lehman Brothers suffered the biggest declines in equities underwriting and announced M&A activity during the fiscal third quarter'.
Here's the spoof e-mail posted by a wag on Aussie website theage.com . With apologies to Lucy Goa - we wish you nothing but success in your future career.
We hadn't planned to run anymore stuff on the subject of Citigroup intern Lucy Gao, as the silly season has come to an end, and there's more serious stuff to cover. However, it is Friday, and website wallstreetfolly drew our attention to the following item which was posted on the entertainment blog of Aussie website The Age.