02/23/09 Greenwich Post Breaking News

Covering the news of Greenwich, Connecticut Breaking News The Superintendent’s Cabinet of the Greenwich Public Schools has agreed to forgo any salary increase for the 2009-10 school year, said a press release from the district distributed yesterday afternoon.

Please send your comments and news tips to GreenwichRoundup@gmail.com or click on the comments link at the end of this post.

02/23/09 This Just In.......

The Latest Greenwich News:

Two Greenwich High School wrestlers place at LLs Greenwich Time Greenwich High School sophomore Victor Cerio placed fourth at the CIAC Class LL wrestling championships over the weekend and qualified for the State Open in ..

Greenwich Post Camillo joins Bank of Greenwich team Greenwich Post The Bank of Greenwich is pleased to announce the appointment of Alfred Camillo Jr. as a loan officer of the bank. Mr. Camillo is a lifelong Greenwich ...

The Latest Greenwich Blog Posts:

Altegris Ramps Up Greenwich Office With New Hire By Jon Shazar Altegris Investments has expanded its institutional relationships team with the opening of its Greenwich, Conn., office, led Rob Rosenbaum and Altegris veteran Jason ZumBerge. Most recently, Rosenbaum built and headed the business ... FINalternatives - http://www.finalternatives.com/

Will NYC drag down Greenwich? « For What It's Worth By christopherfountain They got hit later than Greenwich did but Greenwich got hit after much of the rest of the country. Greenwich and New York have a ways to go still. If New Yorkers don't feel rich, they may not buy weekend homes here in Greenwich. ... For What It's Worth - http://christopherfountain.wordpress.com/

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02/23/09 Greenwich Roundup's Community Almanac: Library offering mix of films

Greenwich Library's Friends Friday Film Series, which offers a mix of new, classic, foreign and popular films and documentaries, continues at 8 p.m. every Friday through June in the library's Cole Auditorium, 101 W. Putnam Ave.

Films include "Juno;" "Vicky Cristina Barcelona;" and "Who Killed the Electric Car?"

Doors open at 7:40 p.m.

For more information, visit http://www.greenwichlibrary.org/ or call 622-7900.

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02/22/08 The Raw Greenwich News Feed - Google News

Local wish lists for money have wide scope
Norwalk Advocate
Westport and Greenwich submitted requests for work at their town golf courses. Westport wants to spend $200000 to replace the concession stand at Longshore, which was destroyed by a fire in 2003. Greenwich is seeking $1.3 million to build new offices ...

Camillo joins Bank of Greenwich team
Greenwich Post
The Bank of Greenwich is pleased to announce the appointment of Alfred Camillo Jr. as a loan officer of the bank. Mr. Camillo is a lifelong Greenwich resident and was elected as the state representative of the 151st district this past fall. ...

CIAC Wrestling Results
Hartford Courant
Victor Cerio, Greenwich, 11-1. 125: John Damici, Danbury dec. Robert Ferrante, Shelton, 4-2; 3. Dylan Rinker, South Windsor dec. Blake Summers, Glastonbury, 3-0. 130: Eliot Lopez, South Windsor dec. John Gouveia, Newtown, 9-5; 3. ...

Business people in the news
Lower Hudson Journal news, NY
FRED TANNE of Mount Kisco recently was named president of SFTT Foundation, a nonprofit educational foundation based in Greenwich, Conn. Tanne has been a partner of Kirkland & Ellis LLP since 1991. He has extensive experience in advising nonprofit and ...

Norwalk Aquarium seeking volunteers
Stamford Advocate
GREENWICH -- Rigoberto Lopez, professor of agriculture and resource economics at University of Connecticut Storrs, will speak about food security at 7 pm Monday in the Cole Auditorium at the Greenwich Library. The program is free, and refreshments will ...

Making the Art Seen: Sunday, Feb. 22
Greenwich Time
BUSH-HOLLEY HISTORIC SITE Carved with Rasps and Chisels: The Sculpture of Margaret Brassler Kane, 1909-2006 Kane's portrait busts, figure studies, animals and large-scale reliefs depicting ...

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02/22/09 The Raw Greenwich Blog And RSS Feed

The Latest From Claudette Rothman, AKA,Greenwich Diva

R.Allen Stanford cheated on his wife with with Louise Sage

The world’s second biggest crook and wannabe cricket tycoon R. Allen Stanford was allegedly cheating on his American wife Susan Stanford before they were s...

Greenwich Geek David S. Isenberg's musings at isen.blog
A biological systems approach to "fixing" the Internet


My former Bell Labs colleague, Fernando Perriera, writes, *. . . much of the discussion misses the fact that large assemblages of code, and so the net, th...

Greenwich Time: Local Sports - RSS Feed
UConn stays perfect, beats Notre Dame


HARTFORD -- Notre Dame gave it its best shot. No team had played the top-ranked UConn women's basketball team tighter all season than the 24th ranked Irish.

For What It's Worth By Riverside Blogger Chris Fountain
Remember those black helicopter nut cases and their rants about “a new world order”?


Even paranoids and stopped clocks are right occasionally. Europe wants the IMF to run the world’s financial system and we’re considering going along. Well ...

Jane Genova: Speechwriter - Ghostwriter
They really mean it: They want us to be imaginative


We old-timers in speechwriting and ghostwriting remember the bait-and-switch: "They" - e.g. the suits at the Fortune 100 - attracted talented folk like ourse...

EDDIE "Greenwich Native" ROSS
Picture Perfect


This weekend, Jaithan and I were back in the city, helping our good friend (and Team Ross superstar!) Jordan Perry do a little DIY decorating in her West Village...

Today's Greenwich Time Most Viewed Web Article - RSS Feed
New Canaan edges Greenwich


DARIEN -- A one-goal loss to arch rival New Canaan Saturday night didn't cause the Greenwich High School boys hockey team to hang their heads or do some so...

Greenwich Time: Life And Family - RSS Feed
Fairfield County Scene


Wine and beer enthusiasts packed the galleries at the Stepping Stones Museum for Children for the Fourth Annual Step Out fundraiser Jan.

Greenwich Blog : The Blog of Greenwich, Connecticut :: USA
Dinosaurs: The Art of Reconstruction


Dinosaurs: The Art of Reconstruction Bruce Museum One Museum Drive February 7,2009-June 14,2009 Examine the process of how artists reconstruct the world ...

Cos Cob Blogger Iggy Makarevich At High Strangeness
Local Weirdness Index Rising


Ah, strangeness has settled over the land of the Igular entity... with the accelerated impetus that this New Year began with losing velocity by the minute......

The Fox Trot By Nick "The Sly" Fox
Smackdown Results! for 2.20! Edge takes on the Extreme Enigma!


Edge opens SmackDown by cutting a promo about being a winner. Jeff Hardy interrupts him putting himself over and insulting Vickie Guerrero. Jeff then hit...

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02/22/09 GREENWICH PUBLIC SCHOOLS PRESS RELEASE: Western Middle School Students Honored by Veterans

CLICK ON LETTER TO VIEW FULL SIZE

You are invited to attend a special ceremony at Western Middle School on
Wednesday, Feb. 25. See attached release for details. The letter
referenced in the release is also attached.
Let me know if you will be able to attend the ceremony.
Thanks,
Kim

Kim Eves
Director of Communications
Greenwich Board of Education
290 Greenwich Avenue
Greenwich, CT 06830

http://www.greenwichschools.org/

Phone: 203-625-7415
e mail: kim_eves@greenwich.k12.ct.us
Fax: 203-869-8003

===============================================================

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02/22/29 LOOK OUT BELOW: Greenwich Real Estate Could Fall Even Further

Luxury Manhattan Real Estate Could Fall Another 50% - Barron's

Even Barron’s, which forecast in November a New York real estate decline, seems surprised by the velocity of NYC’s luxury market crash. Sales were down 40% while prices declined 20% in Q408. Look out, says Barron’s Leslie P. Norton: High end NYC apartments and townhouses could fall by another 30%-50% and recovery will be protracted.


Two years into a nationwide downturn, NY is just starting to feel housing pain. Yet feel it it is as the city faces a perfect storm of harder-to-get “super-jumbo” ($650K+) loans, higher down payment and credit score requirements, disappearing Wall St. jobs and a glut of condo conversions. Purported housing bubble inflators such as foreign buyers and hedge fund managers have retreated. Even the merely affluent are feeling stock market shock.



The average Manhattan apartment still costs $1.6 million, while top apartments are going for as high as $65-80 million. Yet high-end inventory rose 65% in Q408 even as ultra luxe residential projects like the refurbished Plaza Hotel cut prices. Condo conversions city-wide are barely selling.


Manhattan 'burbs offered no shelter:

Greenwich, Conn. and Westchester, NY, for example, saw a 30%+ drop in sales......


....Nick Gogerty figures out that a reversion to the mean could cause Manhattan real estate prices to decline by 60% within 12-18 months.


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CONTRIBUTE:

If you have an informed opinion on a Greenwich that you want to share with the Greenwich Roundup community, we'd like to publish it.

To submit your article to GreenwichRoundup@gmail.com Our editors will review your submission, and if it meets our very well known quality standards, we will publish it.

Articles may be submitted anonymously.

02/22/09 PRESS RELEASE: Joe Machnik No. 1 - Soccer Camps

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02/22/09 This Just in.....

The Latest Greenwich News Reports....

Fairfield County Scene Stamford Advocate Contact Stephanie Dunn Ashley, Greenwich Hospital Development Department, at 863-3860. Snowball Gala Broadway-themed gala to benefit the Boys & Girls Club ...

GREENWICH EARNS TOP SEED Greenwich Time Greenwich High 2, Darien 1 -- Alex Bruno scored a game-tying goal late in the first period and she assisted Hannah Jeffrey on the game-winner 4:10 into the ...

Greenwich High boys hockey nipped by New Canaan Greenwich Time By David Fierro DARIEN -- A one-goal loss to arch rival New Canaan Saturday night didn't cause the Greenwich High School boys hockey team to hang their ...

Ex-ambassadors return to Greenwich as civilians Stamford Advocate By Neil Vigdor GREENWICH -- When Thomas Foley and Craig Stapleton drove into the parking lot of Charles Glazer's Glenville office last week, ...

Greenwich's Cerio fourth at Class LL wrestling Greenwich Time TRUMBULL -- Greenwich High School's 119-pound wrestler Victor Cerio stepped it up in a big way at Saturday's CIAC Class LL Wrestling Championships. ...

Greenwich RTM fixture dies at 85 Greenwich Time By Debra Friedman Hans Helbig, a lifelong Greenwich resident and longtime member of the Representative Town Committee known for wearing a blue baseball cap ...

Piano trio delights Greenwich children and parents Greenwich Time By Debra Friedman Five-year-old Wyatt Radzin was bopping along in her chair to the classical sounds of Beethoven on Saturday afternoon at Greenwich Library. ...

Greenwich zoning board reviews power plant park, bank Stamford Advocate By Colleen Flaherty GREENWICH -- After years of debate, the former Cos Cob Power Plant is one step closer to becoming a park. At its meeting Wednesday, ...

New York Times Julie Galluzzo and Jeffrey Karish New York Times Julie Ann Galluzzo and Jeffrey Roman Karish were married Saturday evening at the Hyatt Regency in Old Greenwich, Conn. Ann Isaacson, a Connecticut justice ...

The Lateest Greenwich Blog Post .....

REMOVE BOBBY STURGELL FROM THE FAA: Connecticut, NJCAAN, AFSAP ... By John J. Tormey III, Esq ... Fred Camillo (R-Greenwich), Thomas Drew (D-Fairfield), Louis Esposito (D-West Haven), Livvy Floren (R-Greenwich), John Frey (R-Ridgefield), Gerald Fox (D-Stamford), Lyle Gibbons (R-Greenwich), Bob Godfrey (D-Danbury), Jack Hennessey ... REMOVE BOBBY STURGELL FROM THE FAA - http://removesturgell.blogspot.com/ Here Are A Few More Blogs, Not Blog Posts That John J. Tormey III, Esq Has Started Against Bobby Sturgell...... Pathetic "Bobby" Sturgell, Failed Administrator Bobby Sturgell The Loser Photo Of Failed FAA Administrator Bobby Sturgell The Incessant Failures Of The Sturgell FAA Give "Bobby" The FAA Clown A New Career Rid America Of An FAA Scam Artist Exposing Crooks Like FAA Bobby Sturgell Outing The Inept FAA "Administrator" Sturgell Tell Your Senator To Dump Bobby Sturgell Failed FAA Administrator Sturgell Bobby Sturgell, Discharge FAA Loser, Bobby Sturgell Today's Menu - California Roll, Or Rotting FAA? Making FAA Head Robert Allan Sturgell, Unemployed Trying To Forget Bobby Sturgell's Malfeasance Take Sturgell's Job Away From Him! The Dud That Is FAA Bobby Sturgell No One Invited Bobby Sturgell To This Party Rain On Criminal Bobby Sturgell's Parade Remove FAA Criminal Bobby Sturgell's Authority Collar Sturgell The Criminal FAA Head Sturgell's FAA Sucks Does A Slimy Eel Like Sturgell HAVE Fingerprints? Cutting Off FAA Bobby Sturgell's Support Network THE CASE FOR FAA HEAD STURGELL'S INDICTMENT HIT THE BOBBY STURGELL "EJECT" BUTTON Hectoring The Failed Corrupt FAA Head Sturgell Give FAA Bobby Sturgell A Permanent Vacation! Bobby Sturgell, Failure "Bobby" Sturgell, Flunkie Bobby Sturgell's FAA Pushes Defective Planes A Creep Named Bobby Sturgell, FAA FAA's "Bobby Sturgell", DelMarVa Swine ANYONE But FAA Bobby Sturgell! REMOVE BOBBY STURGELL FROM THE FAA The FAA Tool Named Sturgell Will Now Be Re-Tooled! Besting FAA Criminal Bobby Sturgell, Every Step "Quiet Rockland" Blog - Rockland County, New York Out-Of-A-Job Bobby Sturgell, FAA Joke "Dis"Appoint Bobby Sturgell, FAA Geek Arresting FAA Faker Bobby Sturgell "Quiet Rockland" Blog - Rockland County, New York Could Bobby Sturgell BE More Embarrassed? "Bobby" Sturgell, FAA Loser Bobby Sturgell, Disgrace Deny Bobby Sturgell A Job THE END OF SOUTHWEST AIRLINES Send Bobby Sturgell To The FAA Scrap-Heap FAA's Sturgell Is The Nation's Humiliation The Jerk Named "Bobby" Sturgell Of The FAA Smurphy's Cross Country Odyssey But Wait There Is More ..... Put Some Wasabi On That Sturg-Eel! Dishonorably Dismiss Sturgell From Service Bobby Sturgell Is A Bad Joke Just Say "No" To FAA's Bobby Sturgell Purging The Evil That Is FAA's Bobby Sturgell Cooked Fish Only - FAA EEL! Lamprey, Moray, Or Electric - Still Spells 'Fail' Losing FAA's "Bobby" Sturgell No Tears For FAA Bobby's Ejection! FAA Bobby Sturgell Has Neither Wing Nor Prayer Famous Patsy's - Cline, And Sturgell! Send FAA's Bobby Sturgell Home Slam The Door On Failure "Bobby" Sturgell Anyone Need A Failed Aviation "Consultant"??? Train The Camera On FAA Abomination Sturgell Throwing The Book At FAA Scum Sturgell Keep FAA Head Bobby Sturgell Away From Office Book Bobby Sturgell! Lawful Audiotaping Of FAA Incompetent Sturgell Recording The Movements Of The Sturg-EEL Does The Constitution Protect Eels? The Rejection Of FAA's Bobby Sturgell FAA Failure Sturgell Threatens America Neutralizing The Evil That Is FAA's Sturgell The FAA And Sturgell Are Ridiculous Do Not Let Bobby Sturgell Get Confirmed! Bobby Sturgell, Hapless Tool Of Aviation Bobby Sturgell, Clown Shipping Off Failed FAA Head Bobby Sturgell Rail Against An Unsafe FAA Head Endless Complaints About Bobby Sturgell's FAA Capturing Squirmy FAA Acting Head Sturgell Bobby FAA Sturgell, Amoral Flop Bobby Sturgell, Putz Disgusted With FAA Lies? Read THIS! Send FAA's Bobby Sturgell To Gitmo FAA's Biggest Failure Yet, Bobby Sturgell Put "Bobby" Sturgell In A Cell Blackball Failed FAA Chief Sturgell Bobby FAA Sturgell - Call The Whole Thing Off Terminating The FAA Head's Employment Bobby Sturgell, Parasitic FAA Lamprey FAA's Bobby Sturgell Disgraces The Office Mete Out Punishment For FAA Head Bob Sturgell Freezing Out The Dreck From DelMarVa Bobby Sturgell Is A Fraud FAA Bobby Sturgell Is A Liar Convict Bobby Sturgell Hit The Bricks, Bobby Sturgell! Rail Against An Unsafe FAA Doofus "Bobby" Sturgell Has Punched The Clock Long Enough Bobby Sturgell Of The FAA Lies Like A Rug! Put A "Hold" On Criminal Bobby Sturgell Dropkick Bobby Sturgell Out Of D.C. Bobby Sturgell, White-Trash Federal Agency Head The Villain Is FAA's "Bobby" Sturgell Bootless Bobby Sturgell! Bobby Sturgell, Schmuck "Bobby" Sturgell Is A Sham We're All Disgusted With The FAA And Sturgell! Taping Bobby Sturgell's Every Stupid Word Firing A Bum Named "Bobby" Sturgell Prison Is Not Good Enough For "Bobby" Sturgell Bobby Sturgell And His Tombstone Agency FAA What To Do When FAA Lies Hit Saturation Incarceration Is Too Good For FAA's Sturgell Refuse To Accept Bobby Sturgell's FAA! Stripping "Bobby" Sturgell Of His FAA Appointment Kicking FAA's Bobby Sturgell To The Curb

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02/22/09 Remember, people will judge and your blog by your updates, not your intentions. You may have a heart of gold -- but so does a hard-boiled egg

PUBLISH OR PERISH:

Many Greenwich Bloggers And RSS Feed Web Masters Who Are Having A Tough Time Keeping Up With The Real Citizen Journalists And Bloggers....

Saramerica By Sarah Darer Littman
Prayers for more than one reason - I was saddened to hear that Supreme Court Justice Ruth Bader Ginsburg is fighting a battle with pancreatic cancer. She is in my thoughts and prayers for a ...
2 weeks ago

The Harvest From Harvest Time Church On King Street
2009 Women's Retreat Afternoon Session - Ladies, use the top right hand button of the embedded document to view it in full screen mode, or click the iPaper button to print your own copy of the not...
3 weeks ago

Frank Trotta's Page At Our Greenwich
Who’s Watching Out for Our Kids? - Not much could shock me – or so I thought. I certainly was shocked as a student at the FBI Citizens Academy when in one of the optional exercises some of ...
3 weeks ago

Greenwich Guy
A New Day? - While out of one side of their mouths liberals say we all need to come together and sing Kumbaya, the other side mocks President Bush as he arrives on the ...
4 weeks ago

Sarah Darer Littman - Politics Above the Parapet At Our Greenwich
A new day - I woke up this morning to a snow covered landscape; the kind where everything seems new and fresh and even the ugly is temporarily made beautiful. And so i...
4 weeks ago

Joe Pisani's Our Greenwich Page
It’s a dog’s life - I still remember the day, a long time ago when I believed in the inherent goodness of the workplace, that my boss stood up at a staff meeting with a remark...
4 weeks ago

Publicani By Dr. Zak Maymin Of Greenwich
Publicani has been nominated for the Prometheus Award for Best Novel! -
2 months ago

Greenwich Time: Restaurants - RSS Feed
Restaurant review: Eos - When folks around here think of Greek food, they think of pizza. Or meatloaf at a diner. Now, if you are a newcomer to the area, you might think this a bit...
3 months ago

Joy Haenlein's Our Greenwich Page
Mr. Himes goes to Washington - In introducing our new congressman in South Norwalk last night, Stamford Mayor Dannel P. Malloy talked about the decision Jim Himes made two years ago to r...
3 months ago

Susie Costaregni's Our Greenwich Page
OUR JOE PISANI - Out there … The Toast and Roast Dinner to honor Joe Pisani, former editor of the Greenwich Time/Stamford Advocate, took place last week at the Greenwich Hy...
3 months ago

Ed's First Blog
Hey Film Buffs! Look What Turner Classic Movies Is Offering! - My colleague *Catherine Tynes* pointed out this terrific site offered by the cable station Turner Classic Movies . Basically, TCM has a collection of * down...
3 months ago

VivaPop Video Channel At You Tube
Greenwich CT Restaurants - Greenwich CT Restaurants vivapop tours Greenwich area restaurants, Baang, Barcelona and L'Escale with restaurant managers. From: VivaPopLive Views: 2385 ...
1 year ago

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02/22/09 Greenwich Roundup's Community Almanac: Online tools for job-seeking

Greenwich Library, 101 W. Putnam Ave., is offering a series of workshops in March, "Focus on Careers," to help job seekers in the recession.

The series will offer several programs on using online business networking resources, including LinkedIn and Indeed.com. Participants can also practice completing applications and interviewing as well as learn how to use the state Department of Labor as a resource.

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02/21/09 When It Comes To Walter Noel And Greenwich Fairfield: We Hate To Say We Told You So .......

The Fairfield Greenwich Group Deathwatch Continues:

FIRST GREENWICH ROUNDUP REPORTED.......

1/31/09 EXCLUSIVE: You Wont Read This In The Greenwich Time - End Maybe Near For Madoff "Victim" Fairfield Greenwich (Updated)

Local Greenwich Sources Tell Greenwich Roundup ....

Hedge fund firm Fairfield Greenwich, which lost more than half of its assets to scummier Bernard Madoff, is in the process of or preparing to winding down operations and could shutter its doors by summer.

The fund, which is headed by Greenwich Resident Walter Noel has been rumored to have cut its staff by 30 - 50% Greenwich Roundup has learned and people familiar with the situation have said that some remaining Fairfield Greenwich employees have been told that they may be let go by late July. Generous severance packages are being offered to keep key staff members on board and quite.

Walter "Feeder Fund" Noel lost a who headed the Fairield Sentry Fund "invested" a whopping $7.5 Billion with his chum Bernard Madoff. Fairfield Greenwich Investors have been lead to believe that there was an additional $6,5 Billion left to pay investors back. This might not be entirely accurate......

.....Walter Noel who long ago suspended investor redemption requests for non-family members and is now apparently working toward selling off the firms surviving assets held in offshore tax havens.

Also wounded by the Madoff scandal is hedge fund firm Tremont Group run by Mass Mutual . The Rye New York fund also lost more than half of its assets ($3.1 Billion) to Madoff. Press reports last week said that Tremont was in the process of shutting down operations.

THEN THE NEW YORK POST EXCLUSIVELY CONFIRMED THE SELL OFF JUST TEN DAYS LATER......

2/09/09 : FAIRFIELD GREENWICH GROUP: The Fire Sale Begins Fairfield Founders Begin Selling Assets At Soon To Be Closed Hedge Fund

MADOFF SELL-OFF:

Times are getting tough for Walter Noel and Jeffrey Tucker

Fairfield Greenwich Brass Recently Dumped A Shared Interest In A Cessna 560XL Private Jet

Greenwich Fairfield heads Walter Noel and Jeffrey Tucker have been selling off their fortune in anticipation of legal action

Melanie Tucker has had to cut back on her bridge habit

HEDGE-FUND HONCHOS BURNED IN SCAM START FIRE SALE

New York Post

The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a slew of lawsuits, sources told The Post.....

The pair recently dumped a shared interest in a Cessna 560XL private jet, according to a person close to the firm.

The duo purchased a one-sixteenth share in the jet in late 2006, giving them between 25 and 50 hours of use a year. Experts estimate the sale saves them a portion of the plane's $200,000 annual maintenance fees, plus $2,000 for each hour of use.

Meanwhile, Tucker - the lesser-known founder of the Madoff-scarred firm - is looking to sell his posh horse farm in Schuylerville, NY, near Saratoga Springs .....

NOW GREENWICH BLOGGER CHRIS FOUNTAIN FURTHER CONFIRMS THAT FAIRFIELD GREENWICH IS SHUTTING DOWN .......

Say goodnight, Walter « For What It’s Worth

A reader alerts me that Walter Noel’s Fairfield Greenwich Group has taken down its website - or at least its wonderful due diligence page in which it promised to investigate anyone they entrusted money to. Sadly, when I wrote on December 14, 2008 about FGG’s complete failure to conduct due diligence on Bernie Madoff I linked to their site, rather than make a copy of the page and post that. So the link’s now defunct. Oh well, I’m sure it will show up in court pretty soon.

UPDATE: Here it is, thanks to Google’s cache system. Just to make it doesn’t get lost again, Walt, ‘m posting it on my site - fewer accidental erasures, don’t you know.

This is Google’s cache of https://www.fggus.com/guest/due_diligence.html. It is a snapshot of the page as it appeared on Feb 15, 2009 05:10:40 GMT.

The current page could have changed in the meantime. Learn more

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02/21/09 National Futures Association Suspends Greenwich Traders Paul Greenwood and Stephen Walsh -

You Wont Read About This In The Greenwich Time......

Do We Have A Mini-Bernie Madoff Ponzie Scheme Right Here In Greenwich?

THE HEADLINES:

YOU THOUGHT FAIRFIELD GREENWICH GROUP WAS BAD:
What About WG Trading?

Paul Greenwood And Stephen Walsh Make Greenwich Resident Walter "Feeder Fund" Noel Look Like A Boy Scout

University of Pittsburgh and Carnegie Mellon University files Federal lawsuit against Greenwich Traders Paul Greenwood and Stephen Walsh

Pitt and CMU have also notified the Securities and Exchange Commission and the Commodities Futures Trading Commission About Greenwood And Walsh

THE QUOTE:

"We don't want to talk with you. Why would we want to talk to a reporter," said a woman at Paul Greenwood's Westchester, N.Y., home who identified herself as his wife.

THE SOURCE:

Pitt, Carnegie Mellon suing investment manager
Pittsburgh Post-Gazette

THE REPORTERS:

By Len Boselovic and Jonathan D. Silver

THE STORY:

The University of Pittsburgh and Carnegie Mellon University yesterday filed suit against Westridge Capital Management and its operators, seeking the immediate return of more than $114 million they invested. They also asked a federal judge to appoint a receiver to oversee the investment manager.

The lawsuit, filed in U.S. District Court, comes after the two universities said they were unable to collect the money from Westridge or get documentation regarding the status of their money from Westridge's principal partners, Paul Greenwood and Stephen Walsh.

Mr. Greenwood and Mr. Walsh were suspended last week by the National Futures Association, an industry regulatory agency, after they failed to cooperate with an audit the association launched on Feb. 5....

... They became concerned after the Chicago-based National Futures Association took action against Mr. Greenwood and Mr. Walsh for not answering questions about more than $500 million in loans made by two Westridge investment funds to WG Trading Investors, a Greenwich, Conn., firm whose managing general partners are Mr. Greenwood and Mr. Walsh

Late yesterday, U.S. District Court Judge Terrence F. McVerry issued a temporary restraining order against Mr. Greenwood, Mr. Walsh, Westridge, WG Trading Investors and two commodities funds.

The order freezes their accounts, allowing the companies to pay normal business expenses, including payroll, but prohibiting paychecks to Mr. Greenwood or Mr. Walsh.

It also prohibits Mr. Greenwood and Mr. Walsh from "concealing, transferring, gifting, encumbering, selling, liquidating or conveying" assets, including money in bank accounts.
They and their four affiliates are also prohibited from destroying, concealing or disposing records.....

.....According to the lawsuit, $324 million from the enhanced index funds was loaned to WG Trading Investors, an entity controlled by Mr. Greenwood and Mr. Walsh.

A second commodities fund, WG Trading Co., also managed by Mr. Greenwood and Mr. Walsh, loaned $194.5 million to WG Trading Investors, the complaint stated.

Mr. Greenwood and Mr. Walsh "have converted investor funds for their own use," the lawsuit said.......

.....According to the lawsuit, Mr. Kennedy flew to New York on Monday and called on Westridge offices in Greenwich and Jersey City, N.J. Attorneys at both offices declined to turn over documents.

When Mr. Kennedy asked at the Connecticut office who was in charge, an attorney there said "that the answer was 'tricky,' " according to the lawsuit.

CMU notified the Commodity Futures Trading Commission the following day and in a Wednesday phone call urged the agency to investigate.

The lawsuit indicates CMU also contacted the SEC, which is in the midst of several high-profile investigations, including the alleged $50 billion Ponzi scheme operated by New York investment manager Bernie Madoff......

.....When Mr. Lawrence inquired about Pitt's investment, they told him they believed the "money was there."

But they also said they could not be certain because they had not spoken with Mr. Greenwood or Mr. Walsh.

Later that day, Pitt treasurer Amy March asked Mr. Carder why the futures association said the enhanced index funds managed $1.3 billion in assets when Mr. Greenwood had told Mr. Lawrence on Jan. 21 that the figure was $2.8 billion. Mr. Carder responded that the $2.8 billion figure was actually $1.8 billion.

The lawsuit said that Mr. Carder told CMU officials on Sunday that his career was over and he expressed shock over the conduct of his "partners of more than 20 years."

In their joint statement, the schools said there is "insufficient information available" to determine how many entities or accounts Mr. Greenwood and Mr. Walsh control, the account balances, the financial condition of each entity, or when investors will get their money.

PLEASE SEE:

2/13/09 PRESS RELEASE: Emergency Action Taken Against Greenwich Traders Paul Greenwood & Stephen Walsh- Questions About "Hundreds Of Millions Dollars"

.....The MRA suspends Greenwood and Walsh from NFA membership indefinitely. The MRA also prohibits Greenwood and Walsh or anyone acting on their behalf from soliciting or accepting any customer or pool participant funds and they are prohibited from placing trades for any pools that they operate or control except to liquidate existing positions. Additionally, the MRA prohibits them from disbursing or transferring any funds from any accounts which either of them own, control or which are held in either of their names without prior approval from NFA......

THE GREENWICH TIME IS

BEHIND THE TIMES:

Futures group suspends 2 Greenwich investors

Greenwich Time, CT - Feb 18, 2009

By Michael C. Juliano

STAFF WRITER
Posted: 02/18/2009 10:16:19 PM EST

Two Greenwich investors have been suspended by the National Futures Association for not disclosing their financial records and failing to answer questions involving hundreds of millions of dollars......

...."We're just trying to track where this money is going, and they're not being helpful," said association spokesman Larry Dyekman.

According to documents from the National Futures Association, the Chicago-based group began auditing Greenwood and Walsh on Feb. 5. They have been registered as commodity pool operators since 1997.

.....The association took the appropriate action in suspending their memberships, which are required for them to conduct business, said Patricia McCoy, a professor of financial services law at the University of Connecticut School of Law.

"There is serious concern that they may have something to hide," she said. "Maybe they don't, but it smells really bad."

HERE IS A LITTLE HELP FOR HEARST NEWSPAPER REPORTER MICHAEL JULIANO IF HE DECIDES TO COVER

THIS BREAKING NEWS STORY:

HOPEFULLY, THIS TIME IT WONT TAKE REPORTER MICHAEL JULIANO A WEEK TO GET THE STORY OUT.

Paul Greenwood at WG Trading Company Greenwich Connecticut ...
Paul Greenwood at WG Trading Company in Greenwich, Connecticut. Contact: Paul Greenwood, Phone: 203-629-7628

CARNEGIE MELLON UNIVERSITY et al v. WESTRIDGE CAPITAL MANAGEMENT, INC. et al

Plaintiffs: CARNEGIE MELLON UNIVERSITY and UNIVERSITY OF PITTSBURGH

Defendants:WESTRIDGE CAPITAL MANAGEMENT, INC., WG TRADING COMPANY LIMITED PARTNERSHIP, WESTRIDGE CAPITAL MANAGEMENT ENHANCEMENT FUNDS, INC., WG TRADING INVESTORS, LP, PAUL GREENWOOD, STEPHEN WALSH, JACK ELDRED REYNOLDS, JAMES CARDER and DEBORAH DUFFY

Case Number: 2:2009cv00215

Filed: February 20, 2009

Court: Pennsylvania Western District Court

Office: Pittsburgh Office

County: Allegheny

Presiding Judge: Terrence F. McVerry

Nature of Suit: Other Statutes - Securities/Commodities/Exchanges

Cause: 28:1337 Sherman-Clayton Act

Jurisdiction: Federal

Let's All Wish Greenwich Time Reporter Michael Juliano Good Luck In Catching Up With The Almost Amazing And Semi-Incredible Greenwich Roundup.

The Truth Is Greenwich Roundup Could Beat Greenwich Time Reporter Michael Juliano In His Sleep.

That Is Is If Greenwich Roundup Did Sleep

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