Links London takes a hit

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  • links strategy gone wrong

    talk about dressing up a fiasco! I think everyone would agree that Cheyne has done the right thing in this dispute, but the mistake was months ago when the failed US strategy was "litigation" a few years ago they admitted the office was a failure.

    Then they started hiring derivatives and capital markets lawyers... that didn't go anywhere fast so the next direction was litigation to fulfill the gap left by the white shoe?

    There is a reason that the white shoe doesn't sue banks and the few million they get this year on one law suit is not going to replace the 4% of global annual revenue they just lost in a bad year.

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