Fees: Disgraced mobile phone tycoon appoint Osborne Clarke for expected FSA investigations
David Ross, Co-Founder of Carphone Warehouse this week has been caught in a vicious cycle of assets and debts. The fate of David Ross remained in the hands of JPMorgan’s private banking unit last night after it emerged that the mobile phone tycoon had pledged his plunging wealth to service huge loans from the investment bank. On Monday David appointed Osborne Clarke, the law firm, to help with the expected legal ramifications of a Financial Services Authority investigation into the …
David Ross, Co-Founder of Carphone Warehouse this week has been caught in a vicious cycle of assets and debts. The fate of David Ross remained in the hands of JPMorgan’s private banking unit last night after it emerged that the mobile phone tycoon had pledged his plunging wealth to service huge loans from the investment bank.
On Monday David appointed Osborne Clarke, the law firm, to help with the expected legal ramifications of a Financial Services Authority investigation into the whole affair.
With a rapidly weakening retail and mortgage markets, and flat macro economic climes, this should be suitably welcomed and high profile and extra billings for the top 50 firm
December 11, 2008
Why do guys like that take huge risks with their £ when they already have so much. As Warren Buffett once said who is going to remember if you died with £120m instead of £110m?
December 11, 2008
Money, money, money….
the route of all evils.
not.
December 11, 2008
what a muppet
getting busted