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grahamite2 - Wed, 28 Dec 05 :

Another typical day on this board. nikesh looks to be talking sense about forming an alternative action group, starting by taking a cold, hard look at who can realistically be sued - and almost immediately destroys any credibility he might have by asking whether the SFO can be bought.

If TMWNN has genuinely lost a sum well into six figures, and still has some money left, he might be able to do something about it. Everyone else is just screwed. Buchler is a dead end (the idea that he could recover money under PI or D & O insurance, assisted by Pearson, is outstandingly weird; such a recovery would almost certainly need proceedings to be instituted against Pearson in the first instance). The SFO may, just possibly, put someone inside, but that won't help us.


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