Author: InvestAdvocate

Madoff Trustee Picard Sues J.P. Morgan Chase for $6 Billion

December 02, 2010 by CHAD BRAY The trustee seeking money for victims of Bernard Madoff’s Ponzi scheme sued J.P. Morgan Chase & Co. for more than $6 billion, claiming the bank enabled his multibillion-dollar fraud.   The lawsuit is the latest salvo by Irving Picard, who has filed a flurry […]

Union Trustees Mixed Fund proposes 5 Kobo dividend for year 2010

  -Holds AGM Dec’03       By Patrick ONOJA investadvocate Dec 02 2010 16.00 GMT   Lagos (INVESTADVOCATE) – Union Trustees Mixed Fund, a subsidiary of Union Bank of Nigeria Plc (UBN) has proposed to offer Unit Holders a 5 Kobo dividend payout for the year ended April 30 2010.   […]

The JSE Role in the NSE CEO Recruitment

December 01, 2010; 1420 hrs, Sofitel, Ikoyi, Lagos, Nigeria  “The best way to destroy an enemy is to make him a friend.”   When Max Lerner, in the book – Actions and Passions (1949) said “Do not confuse your vested interests with ethics”; could he have envisaged a scenario like […]