1. An examination of corporate filings shows three of the six have not disclosed the full extent of their derivatives losses. 2. An examination of corporate filings shows only two of the six have disclosed the full extent of their derivatives losses. 3. A Securities and Exchange Commission investigation of Gibson Greetings concluded last year the company misrepresented its derivatives losses in SEC filings. 4. Customers that suffered big derivatives losses claimed Bankers Trust salesmen misled them about the risks they took, and the bank paid fines to Washington regulators. 5. Customers suffering derivatives losses have claimed Bankers Trust salesmen misled them about the risks they took, and the bank has paid fines to regulators. 6. Customers who suffered big derivatives losses claimed Bankers Trust salesmen misled them about the risks they took, and the bank paid fines to Washington regulators. 7. Investors earlier this week said they knew no reason to renegotiate the merger, even if the derivatives losses at UBS are bigger than has been disclosed. 8. It said Gibson misrepresented derivatives losses in SEC filings because of the way it accounted for them. 9. On Friday, NatWest said six executives resigned on the grounds that they shared responsibility for the derivatives loss. 10. The derivatives losses caused many investors and corporations to abandon the complicated derivatives that had become a Bankers Trust specialty. |
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