The 23rd Annual Screen Actors Guild Awards - Red Carpet

Louis Vuitton ambassador Michelle Williams arrived at the Shrine Auditorium for January 29 SAG Awards in a sequined gown by the French fashion house. The winner, Davis, has long been seen as a front-runner for the Oscar for Best Supporting Actress, and this SAG Award win, along with her Golden Globe for the role, could help boost her chances. She previously won best actress in a drama series for How to Get Away with Murder two years in a row, as well as best actress for The Help. (She also won as part of the ensemble for The Help.)

[January 24 AA nomination for Best Supporting Actress ]
Michelle Williams is AA nomination for outstanding performance in a supporting role while working within the film industry.for “Manchester by the Sea”

Role: Randi Chandler, former wife of the film’s blue-collar protagonist.

In her favor: It’s a small role with the impact of a Molotov cocktail. With co-star Casey Affleck, she does a three-minute autopsy on their marriage that demands Kleenex.

Then again: It’s a precisely cut gem of a performance, but like a petite diamond, it may not stand out large enough for everyone to see its radiance. Michelle nabbed her fourth nod for her turn. “Manchester by the Sea” is the first big success for a film distributed by Amazon. Unlike rival Netflix, Amazon gives films an extended, wide theatrical release before making them available to stream online. and was acquired by Amazon at Sundance in 2016, in a deal that saw Amazon Studios pay $10 million for the rights to the picture.

Viola Davis won Golden Globes Best Supporting Actress for her role in Fences. 

[December 26 AACTA International Award ]

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January 2017 Elle

AACTA International Award for Best Supporting Actress
 Viola Davis – FENCES
 Naomie Harris – MOONLIGHT
 Nicole Kidman – LION
 Teresa Palmer – HACKSAW RIDGE
 Michelle Williams – MANCHESTER BY THE SEA

[December 22  nomination SAG 2017 Outstanding Performance by a Female Actor in a Supporting Role ]

michelle-williams-sag-awards-2012-04

SAG 2012

Outstanding Performance by a Female Actor in a Supporting Role VIOLA DAVIS / Rose Maxson – “FENCES” (Paramount Pictures) NAOMIE HARRIS / Paula – “MOONLIGHT” (A24) NICOLE KIDMAN / Sue Brierley – “LION” (The Weinstein Company) OCTAVIA SPENCER / Dorothy Vaughan – “HIDDEN FIGURES” (20th Century Fox) MICHELLE WILLIAMS / Randi Chandler – “MANCHESTER BY THE SEA” (Amazon Studios and Roadside Attractions)

]December 12 2017 Golden Globes Nominee SUPPORTING ROLE
michelle_williams_091316_manchester_by_the_sea_4c

Golden Globe nomination for ‘Michelle Williams’

2017
Nominee
BEST PERFORMANCE BY AN ACTRESS IN A SUPPORTING ROLE IN ANY MOTION PICTURE
Manchester By The Sea

[January 17 2012 ” a mother first” Michelle Williams took Best Actress (Comedy or Musical) ]

Michelle Williams in a Wu

Michelle Williams in a Wu

“I consider myself a mother first and an actress second,
Michelle Williams took Best Actress (Comedy or Musical) for playing Marilyn Monroe in “My Week with Marilyn.” The 31-year-old thanked the HFPA “for putting in my hands the same award that Marilyn herself won over 50 years ago.” Michelle wore a black and navy dress by Jason Wu, with a high neckline and three-quarter length sleeves.

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Jill Kelley selling to TV?

30 January, 2017

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Friends in high places:Jill Kelley was at the inauguration January 20, and posted a photo of herself with billionaire Republican donor Sheldon Adelson

http://www.dailymail.co.uk/news/article-4147900/Sorkin-Clooney-want-rights-David-Petraeus-story.html

[March 19 2016 Lawyers dump Jill Kelley ]

Kelleys

Petreaus and Kelleys

Jill Kelley filed the Privacy Act lawsuit in 2013, charging that the FBI and Pentagon leaked personal information about her via Alan Raul of Chicago-based law firm Sidley Austin, Raul and other Sidley lawyers who  have asked U.S. District Court Judge Amy Berman Jackson to excuse them from the case.
The withdrawal request followed a proposal from the Kelleys’ side that the U.S. government pay $4.35 million to settle the suit reported arch 18. The feds apparently rejected the offer.

[March 4 2015 John Allen says the United States has not ruled out a no-fly zone or protected corridor in Syria ]

 a man with four stars on his collar leading U.S. forces in Afghanistan just one year ago

a man with four stars on his collar leading U.S. forces in Afghanistan just one year ago

The retired Marine general in charge of mobilizing an international coalition against the group that calls itself the Islamic State (IS) says that the United States has not ruled out a no-fly zone or protected corridor in Syria to safeguard the thousands of fighters it intends to train to help defeat the militant group.

“All those things are under consideration,” John Allen told an audience the evening of March 2 at the Atlantic Council, a Washington-based think tank. On 13 September 2014, The United States appointed General Allen as Special Presidential Envoy for the Global Coalition to Counter ISIL (Islamic State of Iraq and the Levant.
One would think a man with four stars on his collar leading U.S. forces in Afghanistan just one year ago would have no problem working with military leadership in the fight against militants of the so-called Islamic State at present.
One derides Allen as “a boy scout.” Another, noting his new role as a quasi-diplomat though he’s never been one, said “I don’t know how that’s going to work.”
For many of the military’s top leaders it seems, having a retired general like Allen outside of the military chain-of-command reporting to Obama is a sign of White House “micromanagement.” It also offers the possibility of conflicting messages between State and the Pentagon in the fight against ISIL. more below

[March 3]

 He also serves as a Visiting Professor of Public Policy at CUNY's Macaulay Honors College, and as a Judge Widney Professor at the Univ of Southern California

He also serves as a Visiting Professor of Public Policy at CUNY’s Macaulay Honors College, and as a Judge Widney Professor at the Univ of Southern California

“The criminal Information charges the defendant with one count of unauthorized removal and retention of classified material in violation of 18 U.S.C. § 1924,” Justice Department spokesman Marc Raimondi said in a statement. “The plea agreement and corresponding statement of facts, both signed by the defendant, indicate that he will plead guilty to the one-count criminal Information.” General David Petraeus is arguably the most consequential U.S. military leader since World War II.

[January 10 Feds recommend arresting David Petraeus, no final decision]
Holder said during an interview on NBC’s “Meet the Press.” “The determination has yet to be made. And we will just see how things play out before any final decision is made.”

Federal prosecutors are recommending felony charges against retired Gen. David Petraeus over classified information they say he provided to his biographer and mistress, Paula Broadwell

Author follows General through Afghanistan

55 Author follows General through Afghanistan

 

 

 

 He also serves as a Visiting Professor of Public Policy at CUNY's Macaulay Honors College, and as a Judge Widney Professor at the Univ of Southern California

He also serves as a Visiting Professor of Public Policy at CUNY’s Macaulay Honors College, and as a Judge Widney Professor at the Univ of Southern California

[September 26 2014 General David Petraeus advises on Iraq fight,  773 days until 2016 Presidential race, Iowa caucus  Feb.1,2016]

 

 

 

The U.S.-led fight against Islamic State will take years and will need ground forces to succeed, retired General David Petraeus said. Petraeus, 61, served as director of the Central Intelligence Agency from 2011 to 2012 and is now chairman of KKR Global Institute, an investment management firm. Under General (Ret.) David Petraeus as Chairman and Vance Serchuk as Executive Director, KGI integrates the macroeconomic analyses of KKR’s Global Macro and Asset Allocation Team led by Henry McVey and the Public Policy & Public Affairs, stakeholder engagement, and environmental, social, and governance work of KKR’s Global Public Affairs Team led by Ken Mehlman. KKR Co-Chairman and Co-CEO Henry Kravis, KKR Co-Chairman and Co-CEO George Roberts. In 1987, Jerome Kohlberg, Jr. resigned from KKR over differences in strategy, and Henry Kravis and George Roberts assumed full leadership of the firm.

[Earlier buzz] Roger Ailes suggested that Petraeus run for President. .. General David Petraeus was seen as a real future presidential candidate until he was hidden at the CIA until the day after the election when it was leaked he was having an affair and unceremoniously fired.
below

[September 16 Jill Kelley can go to trial against FBI and Defense Department]

Gen. John R. Allen, who commanded U.S. forces in Afghanistan, was in line to become supreme allied commander in Europe

Gen. John R. Allen, who commanded U.S. forces in Afghanistan, was in line to become supreme allied commander in Europe

U..S. District Judge Amy Berman Jackson denied the Motion to Dismiss and Kelley can press her claim that the FBI and Defense Department violated her privacy when officials allegedly leaked information about her to the news media.According to court filings by Kelley’s attorneys, the government falsely told one news outlet the emails between Allen and Kelley were the equivalent of phone sex. The lawyers argued that given the prurient nature of the investigation and the “other woman” narrative propounded by the leakers, it was likely that Kelley’s treatment was motivated by sexual discrimination. The Pentagon’s inspector general exonerated Allen, who subsequently retired.

[January 6 Jill Kelley’s suit gains support]

Kelleys

Mrs. Petraeus and Kelleys

Kelley was banned from the Tampa Air Force base and stripped of her honorary title as consul to South Korea.

“Just because you’re stalked by a mistress doesn’t mean you are one,” Kelley told the New York Times. “It’s not contagious.”

Kelley and her attorneys said the lawsuit touched on an array of issues: what the government can access, how it disseminates information about private citizens, whether it protects people who report crimes, what constitutes leaking and the laws governing public records.

“Here, the government did not adhere to its own standards for avoiding electronic intrusion into innocent citizens’ lives,” said Alan Charles Raul, an attorney for the Kelleys. “Instead, they turned around and blamed the victim.”

In a lawsuit that is half legal document and half news release, Kelley seeks damages and a formal apology from the government for revealing her identity after she reported to the FBI what she assumed was a crime: threatening emails sent by a woman with whom Petraeus, then director of the CIA, was having an affair. The suit, filed in U.S. District Court for the District of Columbia, is also an attempt by Kelley to tell her side of a story she says was distorted, leaving her family as collateral damage.

A spokesman for the FBI, Michael P. Kortan, declined to comment on specifics of the case, citing the continuing litigation. But the government has asked the court to toss the suit.

[September 25]
WASHINGTON — The Obama administration September 24 sought dismissal of a privacy lawsuit by Tampa socialite Jill Kelley, whose complaint to the FBI unwittingly led to Gen. David Petraeus’ ouster as CIA director.

If a federal judge eventually allows Kelley’s lawsuit to proceed, the case could delve into the roles played in the scandal by the FBI, the Pentagon and other parts of the administration.

Kelley had hosted military officials from MacDill Air Force Base — including Petraeus while he led Central Command — at her Bayshore Boulevard mansion.

The Justice Department said that Kelley has failed to present any facts suggesting that the FBI and the Pentagon flagrantly disregarded her privacy rights.

“A bare allegation” that information was retrieved from government files is insufficient, the Justice Department saidThe FBI and the Pentagon have exempted several of their record systems from the Privacy Act. Kelley and her husband, Scott, also a plaintiff in the case, fail to say whether the leaked information was in a system subject to the Privacy Act, the government said.

TAMPA — Attorneys had gathered in a conference room to question the Tampa socialite who had unwittingly triggered the scandal that ended the career of CIA director David Petraeus.

Jill Kelley’s house is in foreclosure, and Kelley appeared at a June 26 deposition in the case.

But Kelley refused to be sworn in, a Regions Bank attorney said. Then she refused to testify, departing with her attorney.

“They’re actually leaving the room now and not even listening to me on the record,” said Regions attorney Peter Hargitai at the deposition, according to a transcript.

Kelley and her husband, Dr. Scott Kelley, have refused to testify in the foreclosure case on their posh Bayshore Boulevard home. The couple say a Regions lawyer is threatening to question them about the Petraeus scandal and then release a transcript to the media.

Jill Kelley said in court papers that Hargitai told her, “This deposition is going to be all over the news.” The lawyer denied making any threats.

“Plaintiff appears determined to try this matter in the media,” a motion by the Kelleys’ attorney said.

The couple have demanded that opposing counsel agree to keep any transcript of their testimony sealed, providing no copies to the media or any third party.

Hargitai has refused, though he told the court he has no intention of giving it to the media. But if the deposition is filed in court, it would become available to anyone who wants a copy.

“A deposition is a public record,” Hargitai told the Tampa Bay Times in a brief interview.

The attorney said a Hillsborough Circuit Court judge is soon expected to file an order compelling the Kelleys to sit down for a deposition by Sept. 15. Neither the Kelleys nor their attorney, Benjamin Hillard, returned messages seeking comment.

An order has not yet been issued, according to the online docket of the case. The next court hearing is scheduled for Wednesday.

Kelley inadvertently ended Petraeus’ career as CIA director.

A $2.1 million foreclosure case involving an office building formerly owned by Tampa socialite Jill Kelley and her husband, Scott, was settled Monday, according to the judge overseeing it.

The case had been scheduled to go to trial Aug. 12 before Hillsborough Circuit Judge Christopher Sabella. Settlement terms were not disclosed, which is typical in civil cases, and attorneys for the parties could not be reached for comment.

A pretrial hearing had been scheduled Monday, but the Kelleys and attorneys did not appear as settlement talks concluded.

The Kelleys bought the property using their corporation, Kelley Land Holdings. Jill Kelley is currently listed as the corporation’s managing partner.

The bank said the fair market value of the property is about $1.4 million. Once that is applied to the loan, the Kelleys owed the bank more than $700,000 with interest adding $109 per day, according to a September 2011 court filing. The balance due currently was not immediately clear Monday.

That figure also did not include attorney fees.

[September 12]

Retired Army Gen. David H. Petraeus, former CIA director under President Barack Obama, called strongly Saturday for Congress to back the White House on Syria, declaring that military action against the regime is “necessary” to deter “Iran, North Korea and other would-be aggressors.”

Jill Kelley Complaint v. FBI et al

Jill Kelley, the Tampa socialite entangled in the scandal that toppled former CIA director David Petraeus.

The Justice Department has asked for a 30-day extension, until Sept. 4, to respond to her lawsuit against the government for violating her family’s privacy, rifling through her e-mails and leaking confidential information about her.

And Kelley is fine with the extension, says her lawyer, Alan Raul.

[May 20]

Petraeus will serve in a consultant's role

Petraeus will serve in a consultant’s role

Retired army general David Petraeus will take a new job with investment firm Kohlberg Kravis Roberts & Co. KKR did not detail terms of its agreement with Petraeus, but a spokeswoman said he will serve in a consultant’s role
[November 27 2012]

Former Prime Minister of South Korea Han Duk Soo

Former Prime Minister of South Korea Han Duk Soo

The state Department of Motor Vehicles has been informed by the U.S. Department of State that Jill Kelley no longer qualifies for an honorary consul license plate, according to a spokesman.

“We received word from the U.S. Department of State that her status” as an honorary consul for South Korea “has been terminated,”

The South Korean official who made it possible for Jill Kelley to be appointed honorary consul was Han Duk-soo, currently head of the Korea International Trade Association (KITA) and South Korean ambassador to the United States until February.

The official categorically denied that there was any inappropriate relationship between Han, a former Prime Minister and Jill Kelley. He said Kelley showed Han in their meetings a strong willingness to work for the improvement of U.S.-South Korean economic relations. He didn’t elaborate.
Han Duk-Soo was the Prime Minister of the Republic of Korea (South Korea) from 2007 until February 2008. He is currently serving as Chairman of the Korea International Trade Association.
Just before leaving the United States, he asked the South Korean consulate office in Atlanta to consider appointing Kelley honorary consul, citing her active role in organizing public events promoting an ambitious, hard-fought free trade agreement between Seoul and Washington and in arranging meetings between the ambassador and influential politicians and businessmen in Tampa.
[November 21]

[Nov 17]

Jill Kelley, “honorary ambassador” to the coalition in Tampa Florida

Talya Khawam and host

Talya Khawam and host

In emails with her ex-husband, Khawam wrote that Senator Kerry asked about the son and whether he would be coming to Martha’s Vineyard in the summer of 2012.

She also wrote that Senator Sheldon Whitehouse of Rhode Island invited the son to a summer clambake in the state, and that the son “would greatly appreciate attending this family clambake.”

Included in the court file is what appears to be a handwritten note from Whitehouse, writing, “I am excited to hear that you, Natalie and (the son) may be coming to the family clambake. That would be terrific!”

The Whitehouse note was addressed to Gerald Harrington.

Harrington served as national vice chairman of finance for Kerry’s 2004 presidential campaign, according to a biography posted on the website of Harrington’s lobbying firm, Capitol City Group.

A spokeswoman for Kerry said Kerry was introduced to Khawam by Harrington, whom the spokeswoman described as Khawam’s boyfriend.

A spokesman for Whitehouse also said Whitehouse knew Khawam through her relationship with Harrington, whom Whitehouse has known since college. “Ms. Khawam attended the Senator’s clambake fundraiser this summer as Mr. Harrington’s guest, and he was glad to see them there,” the spokesman said.

[November 16]

Jill Kelly offered to broker a deal with the South Korean government for
Adam Victor, president and CEO of TransGas Development Systems, “that they were essentially doing a favor for General Petraeus, and that she had access solely because of her relationship with General Petraeus.”
Victor said he thought it made sense that Petraeus would want to put a trusted aide in charge of promoting free trade. When Kelley named her fee for brokering the deal, however, Victor balked. The coal gasification plants under discussion were worth $4 billion, said Victor — and Kelley wanted a two percent cut. “That’s an $80 million fee,” he said. “And I mean that is problematic . . . No broker gets $80 million. I mean that’s two whole orders of magnitude higher than what they would get.”

Victor said he “terminated the relationship” after Kelley asked for $80 million
[November 15]

it turns out the FBI agent who started the investigation sent topless photos of himself to Jill Kelley, the alleged other woman. The agent in question was apparently a friend of Kelley’s.
General John Allen has been in Afghanistan as the top American commander since July 2011, although before that he lived in Tampa as the deputy commander for Central Command, which oversees American military operations in the Middle East.

The defense official said that the Pentagon had received the 20,000 to 30,000 pages of documents from the F.B.I. and was currently reviewing them. Some of the e-mails may have prompted suspicions among FBI investigators because Allen sometimes used words such as “sweetheart” to refer to her, the senior official said.

An official said the coalition countries represented aty Central Command gave Kelley an appreciation certificate on which she was referred to as an “honorary ambassador” to the coalition, but she has no official status and is not employed by the U.S. government. Kelley, 37, hails from a Lebanese family that emigrated to Philadelphia in the mid-1970s.
Her parents, John and Marcelle Khawam, had businesses in the area, including a restaurant in Voorhees. The couple still live in Washington Crossing, Bucks County, according to public records, and Kelley’s older brother, David, is a lawyer in South Jersey. His office also lists lawyer Jill M Tribulas, in practice 11 years
Jill Khawam and her twin sister, Natalie, were the youngest of four children. Born in Lebanon, Jill is of Maronite Christian descent and speaks Arabic. Maronite Christians were allies of Israel in the Lebanese Civil War/Lebanon invasion.)
About a decade ago, both women moved to Tampa, where Jill’s husband, Scott Kelley, works as a surgeon.
Natalie Khawam, a lawyer and single mother, lives with them, according to a bankruptcy petition she filed earlier this year.
Just three months after they posed with David and Holly Petraeus, strands of Gasparilla beads hanging from their necks, the Kelleys were hit with a foreclosure lawsuit.
The suit, brought by Central Bank against Maronite Christians were allies of Israel in the Lebanese Civil War/Lebanon invasion.) Kelleys and Kelly Land Holdings, centered on a three-story office building at 300 E Madison St. in downtown Tampa. Court records show they owed the bank nearly $2.2 million, including attorney fees
Since the Kelleys have been in Tampa, records show, one or both have been subjects of lawsuits nine times — including an $11,000 judgment against them that originated in Pennsylvania.
Ongoing cases, the court records show, include an indebtedness case from Chase Bank; a foreclosure case from Regions Bank; and a credit card case from FIA Card Services.
The Kelleys have hired Abbe Lowell, a Washington lawyer who has represented clients such as former presidential candidate John Edwards and lobbyist Jack Abramoff. And the couple are employing crisis PR person Judy Smith, who has represented big names like Monica Lewinsky, Michael Vick and Kobe Bryant.

[November 10]

Author follows General through Afghanistan

Author follows General through Afghanistan

General David Petraeus is arguably the most consequential U.S. military leader since World War II. Broadwell’s excellent biography portrays him as a modern exemplar of the soldier-scholar-statesman and one who has exerted a profound influence on the American military establishment
Petraeus emerges from Broadwell’s book as an educated, committed, competitive, driven, and inspiring figure.
Foreign Affairs

“This is the best book yet on General David Petraeus, written by a remarkable former Army officer who spent months on the ground in Afghanistan herself. Paula Broadwell captures his basic tenets of counterinsurgency and basic approach to leadership-as well as Petraeus’s personal qualities and character-in a highly readable and pithy fashion. No one gives a truer picture of the war, or of the finest general of this era and one of the greatest in modern American history.”
(-Michael O’Hanlon, Senior Fellow, the Brookings Institution )

“All In vividly demonstrates the influence General David Petraeus has had on a whole generation of military officers-showing by the force of his personal example what it means to be tough, loyal, committed, and smart. Paula Broadwell takes readers into the briefing rooms and onto the battlefields to better understand the lessons and sacrifices of America’s wars.”
(-Nathaniel Fick, New York Times bestselling author of One Bullet Away )

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Elizabeth Olsen in “Ingrid Goes West”

Ingrid Thorburn (Aubrey Plaza) a mentally disturbed young woman, becomes obsessed with Taylor Sloane (Elizabeth Olsen)..

[January 3 2012 “Red Lights,” Premieres, 6:30 pm Jan. 24.  at 2012 Sundance ]

Elizabeth Olsen in Red Lights

Elizabeth Olsen in Red Lights

“Red Lights,” Premieres, 6:30 pm Jan. 24.
[December 7 2011]Sundance Institute announced today the films selected to screen in the out-of-competition Premieres and Documentary Premieres sections of the 2012 Sundance Film Festival.
Red Lights / U.S.A., Spain (Director and screenwriter: Rodrigo Cortés) — Psychologist Margaret Matheson and her assistant study paranormal activity, which leads them to investigate a world-renowned psychic. Cast: Cillian Murphy, Sigourney Weaver, Robert De Niro, Elizabeth Olsen, Toby Jones.

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Ellen Barkin at Reynolds-Fisher Memorial

[January 23 2014 Ellen Barkin onstage at the  Julianne Moore honors ]

Ellen Barkin speaks onstage at the Museum of The Moving Image honors Julianne Moore at 583 Park Avenue on January 20, 2015 in New York City.

Ellen Barkin speaks onstage at the Museum of The Moving Image honors Julianne Moore at 583 Park Avenue on January 20, 2015 in New York City.

[April 16 2014 Actress Ellen Barkin is 60 on April 16, 2014]

 

 

 

 

 

 

 

 

 
Jack Byrne (son of Ellen Barkin and Gabriel Byrne)and Malcolm Ford (son of Harrison Ford) with their blues rock band, The Dough Rollers!

 

[April 11 2013]

MF Global  former Assistant Treasurer Edith O'Brien.

MF Global former Assistant Treasurer Edith O’Brien.

 MF Global Chief Executive Jon Corzine

MF Global Chief Executive Jon Corzine

Mr. Corzine has agreed to pay the $5 million penalty out of his own pocket.   .MF Global employee in Chicago, Edith O’Brien agreed to settle, striking a deal that imposes a $500,000 penalty and an 18-month prohibition on her associating with a futures broker like MF Global. In 2013, the Commodity Futures Trading Commission sued Mr. Corzine for failing to “diligently supervise” the firm as it jeopardized the clients’ accounts.

The agency did not directly link Mr. Corzine, 70, to the missing money, but it did accuse a lower-level employee in Chicago,Edith O’Brien , of “aiding and abetting” the misuse of customer money, saying she allowed it to be used to plug holes in MF Global’s own accounts.

December 24 2014 MF Global Holdings Ltd to pay $1.2 billion in restitution and a $100 million penalty ]

federal court in New York has ordered MF Global Holdings Ltd to pay $1.2 billion in restitution and a $100 million penalty over charges it misused customers funds and committed related supervisory violations, the U.S. Commodity Futures Trading Commission said on December 24.

The CFTC said its litigation will continue against former MF Global Chief Executive Jon Corzine and former Assistant Treasurer Edith O’Brien.

[March 28 Caymans: higher fees to launder criminal proceeds than to assist them in tax evasion]

Joshua Vandyk, a U.S. citizen, and Eric St-Cyr and Patrick Poulin, Canadian citizens, were indicted for conspiracy to launder monetary instruments on March 24. U.S. citizen Joshua Vandyk and Canadian Eric St-Cyr lived in the Cayman Islands and worked for an investment firm called t,Clover Asset Management which St-Cyr founded. Canadian lawyer Patrick Poulin was a partner at Bishops, a firm based in the Turks and Caicos.
Poulin, an attorney, at a law firm based in the Turks and Caicos, worked and resided in Canada and in the Turks and Caicos. His clientele also included numerous US citizens. Vandyk and St-Cyr lived in the Cayman Islands and worked for an investment firm based in the Cayman Islands. St-Cyr was the founder and head of the investment firm, whose clientele included numerous US citizens. Vandyk and St-Cyr directed the undercover agents posing as US clients to create offshore foundations with the assistance of Poulin and others because they and the investment firm did not want to appear to be dealing with US clients. Poulin established an offshore foundation for the undercover agents posing as U.S. clients and served as a nominal board member in lieu of the clients. Poulin transferred wire payments from the offshore foundations to the Cayman Islands, where Vandyk and St-Cyr invested those funds outside the United States in the name of the offshore foundation. The investment firm represented that it would neither disclose the investments or any investment gains to the U.S. government, nor would it provide monthly statements or other investment statements to the clients. Clients were able to monitor their investments online through the use of anonymous, numeric passcodes. Upon request from the U.S. client, Vandyk and St-Cyr would liquidate investments and transfer money, through Poulin, back to the United States. According to Vandyk and St-Cyr, the investment firm would charge clients higher fees to launder criminal proceeds than to assist them in tax evasion.

[April 5 2013]

Context Partners Fund LP v. Corzine (S.D.N.Y.)

Context Partners Fund LP v. Corzine (S.D.N.Y.)

MF Global on April 5 won court approval of a plan to liquidate its assets, pay back creditors and end the $40 billion bankruptcy that rocked the financial world in 2011.
[April 23]
No MF Global executives have been held accountable for their actions, more than six months after the firm’s collapse and billions of dollars of other people’s money have been lost. Come to think of it, no one else on Wall Street has been held accountable for blowing up our economy, either. How can this still be the case?

On July 28 and again on Aug. 3, MF Global raised $325 million by selling bonds — the first a 3.375 percent convertible-note offering, due 2018; the other a 6.25 percent senior note offering, due 2016. Thanks to the company’s collapse and subsequent bankruptcy filing on Oct. 31, these two bond offerings now trade at around 35 cents on the dollar. What in August 2011 was worth $650 million is now valued at about $227 million, a staggering loss of around $423 million in a matter of months.
Context Partners Fund LP v. Corzine (S.D.N.Y.)
This class action lawsuit was filed against certain senior executives of MF Global Holdings Ltd. (OTC: MFGLQ; formerly NYSE: MF) (“MF Global” or the “Company”) based upon their allegedly false and misleading statements and omissions in connection with the Company’s July 28, 2011 offering of 3.375% Convertible Senior Notes due 2018 (CUSIP: 55277JAB4) and August 3, 2011 offering of 6.250% Senior Unsecured Notes due 2016 (CUSIP: 55277JAC2) (respectively, the “Offerings” and the “Notes”). The lawsuit was brought on behalf of all persons and entities, except Defendants and their affiliates, who purchased or otherwise acquired the Notes in or traceable to the Offerings, and were damaged thereby.

The action arises out of the Company’s financial implosion, which was allegedly caused by the Defendants’ wholesale disregard for its purported risk management and internal controls, as they sought to transform the Company from a broker-dealer into a full service investment bank at all costs.

In this regard, the complaint alleges the Defendants made numerous material misrepresentations and omissions of material facts in the Offering materials and documents incorporated by reference therein, concerning, among other things, the adequacy of the Company’s risk management, its liquidity and internal controls.
Complaint