DOL OSHA asked that Peter Sivere provide an affidavit to them after they "heard" that the SEC said Peter Sivere requested payment for documents and information.
Click Here for Peter Siver Affidavit
""... On September 30th 2004, the Wall Street Journal.. published an article entitled Trading Class Action Suit Widens. The WSJ articl state, in part, that: Mr. Stern (of Canary Capital) asked a J.P. Morgan Banker who had been working with Mr. Stern's family for a loan to finance his hedge funds trading in the PBHG funds.
The Suit contends that Mr. Stern explained his trading systme "in detail" to the executive.
According to the lawsuit, J.P. Morgan Securities made loans to business entities tied to Canary totalling as much as $105 Million. These Loans were made to finance trades that would make Canary money when the price of PBHG funds declined.
This Subject of the WSJ article appears to be consistent with the information in the Kelleher Email.
... After the September 30th, 2004 WSJ article was published, I continued to do strategic surveillance together with my interim monitoring duties.
.. On or about October 5, 2004, I located an October 4, 2004 email in which a JPM executive referring to the September 30, 2004 WSJ article, inquires about JMP's relationship with Canary.
The Email indicates that Mr. Palmer and Davis Polk and Wardell had previously indicated that JPM had no knowledge of improper trading practices. In a response to the E-mail Mr. Palmer acknowledged that JPM assisted Canary by providing a line of credit to finance Canary's mutual fund trading.
On October 6, 2004, I located an E-mail in which JPM's President and Chief Operating Officer asked JPM's Co-General Counsel about JPM's Relationship with Canary.
On October 7, 2004, I was Terminated for Alleged inappropriate use of the firms E-mail and for not cooperating with an internal fraud investigation. The Emails referred to above were on my desk at JPM at the time I was terminated. I was not permitted to return to my desk after I was terminated... ""
Read this Full Document Click HERE
Showing posts with label Davis Polk. Show all posts
Showing posts with label Davis Polk. Show all posts
Tuesday, March 16, 2010
Peter Z. Sivere v. JP Morgan Chase - Department of Labor - OSHA - SEC - Canary Capital - Davis Polk - JPM Chase
August 2005 Archives
Inside the JP Morgan, Peter Sivere Whistleblower Case
"Civil Action to Protect Against Retaliation in Fraud Cases"
Lisa M. Wells - JPM Chase
Sarbanes - Oxley
Jamie Dimon
Davis Polk Investigations
When Loans were made and What We did about it...
JP Morgan provided a $150 Milloin Line of Credit to a Canary Entity Structured for Canary a series of short equity basket swaps that allowed Canary to hedge its long position in third party mutual funds.
Plaintiffs allege that JPM has liability as financier of some Canary Market timeing and late trading. ... Davis Polk seems to have claimed, in their investigation that JPM had no knowledge of late trading or improper timing...
Heritage Bank One ..
What are the Conflicts of Interest, Attorneys Protecting Each Other.. Isn't Davis Polk connected to Proskauer Rose Somehow??
Canary Capital Litigation
Investment Banking Exposure
TS&S / Investment Management Exposure
Click Here for Full Document
Inside the JP Morgan, Peter Sivere Whistleblower Case
"Civil Action to Protect Against Retaliation in Fraud Cases"
Lisa M. Wells - JPM Chase
Sarbanes - Oxley
Jamie Dimon
Davis Polk Investigations
When Loans were made and What We did about it...
JP Morgan provided a $150 Milloin Line of Credit to a Canary Entity Structured for Canary a series of short equity basket swaps that allowed Canary to hedge its long position in third party mutual funds.
Plaintiffs allege that JPM has liability as financier of some Canary Market timeing and late trading. ... Davis Polk seems to have claimed, in their investigation that JPM had no knowledge of late trading or improper timing...
Heritage Bank One ..
What are the Conflicts of Interest, Attorneys Protecting Each Other.. Isn't Davis Polk connected to Proskauer Rose Somehow??
Canary Capital Litigation
Investment Banking Exposure
TS&S / Investment Management Exposure
Click Here for Full Document
J. Huntley Palmer Lead In House Attorney JP Morgan - Whistleblower Peter Sivere
J. Huntley Palmer was the lead in house attorney at JPM, JP Morgan when J. Huntley Palmer removed 8 people from Whistleblower Peter Sivere's team and replaced them with Davis Polk Team. Looks like he is on the short list for US Attorney in Philadelphia. Sources say his name was one of several submitted to the White House for consideration.
"" Posted on Thu, Jan. 7, 2010
Specter blamed for delay in Obama's naming U.S. att'y
By MICHAEL HINKELMAN
Philadelphia Daily News
hinkelm@phillynews.com
215-854-2656
By this date eight years ago, the then-new U.S. attorney in Philadelphia, Patrick Meehan, had been on the job almost four months, after being confirmed by the U.S. Senate in September 2001.
Now, almost a year into President Obama's term, there is not even a nominee for the post. And the appointment of a new U.S. attorney, which is considered a plum assignment, is not believed to be imminent, sources familiar with the process say.
Some blame the ambling pace on unusual political circumstances.
Traditionally, the state's senior senator of the president's party, in this case Sen. Bob Casey, makes a recommendation to the White House. However, when longtime Republican Sen. Arlen Specter switched parties last April and became a Democrat, that complicated the selection process, sources said.
Sources said that Casey and Specter could not agree on a single candidate to recommend to Obama, who makes the formal nomination.
An initial screening process last summer produced a list of 20 names for U.S. attorney here.
With Casey and Specter unable to settle on one, several names were jointly submitted to the White House last month, sources said.
A source with knowledge of the matter declined to say how many names were submitted or to identify them.
Among those thought to be on a short list, sources said, are Cheryl A. Krause, a partner at Dechert LLP; James J. Eisenhower, a partner at Schnader Harrison Segal and Lewis LLP; and J. Huntley Palmer of JP Morgan Chase & Co. All were once federal prosecutors here.
Krause, Eisenhower and Palmer declined to comment for this story.
Justice Department spokeswoman Melissa Schwartz would neither confirm nor deny whether the Justice Department had received any names from the White House or begun vetting any candidates.
Larry Smar, a spokesman for Casey, said, "As of right now, I don't have a sense of when a nomination will be made."
A spokeswoman for Specter declined to comment.
The U.S. attorney here - one of 93 in the country - brings criminal and civil actions on behalf of the federal government in the nine-county area of southeastern Pennsylvania.
The office has prosecuted a number of high-profile public-corruption cases in recent years, including that of former state Sen. Vince Fumo and former City Councilman Rick Mariano.
Former U.S. Attorney Meehan resigned his post in July 2008. The current U.S. attorney, Michael L. Levy, was named by the Justice Department on an interim basis last May to serve as U.S. attorney until Obama nominated a successor.
When the White House receives a senatorial recommendation, it is sent to the Justice Department for vetting.
Schwartz said the vetting process - which includes background checks and interviews by political and career officials - can typically take up to three months.
Once a finalist is determined, that person is interviewed by Attorney General Eric Holder, who makes a recommendation to Obama.
After Obama makes the formal nomination, it is sent to the Senate for confirmation.
And there's no certainty that a nominee - given the current partisan rancor in the Senate - will win timely confirmation.
Case in point: New Jersey's new U.S. attorney, Paul Fishman, was recommended to Obama last February and was nominated by the White House in May, but not confirmed by the Senate until Oct. 7.
According to the Web site Main Justice, an independent news organization that covers the Justice Department, 31 new U.S. attorneys have been confirmed by the Senate, 12 more have been nominated by Obama and another 23 names have been recommended by senators to Obama for U.S. attorney posts throughout the country.
None of those confirmed or nominated to date are holdovers from the Bush administration, although two Bush holdovers have been recommended to Oba-ma. ""
Source
http://www.philly.com/philly/hp/news_update/80882337.html?cmpid=15585797
"" Posted on Thu, Jan. 7, 2010
Specter blamed for delay in Obama's naming U.S. att'y
By MICHAEL HINKELMAN
Philadelphia Daily News
hinkelm@phillynews.com
215-854-2656
By this date eight years ago, the then-new U.S. attorney in Philadelphia, Patrick Meehan, had been on the job almost four months, after being confirmed by the U.S. Senate in September 2001.
Now, almost a year into President Obama's term, there is not even a nominee for the post. And the appointment of a new U.S. attorney, which is considered a plum assignment, is not believed to be imminent, sources familiar with the process say.
Some blame the ambling pace on unusual political circumstances.
Traditionally, the state's senior senator of the president's party, in this case Sen. Bob Casey, makes a recommendation to the White House. However, when longtime Republican Sen. Arlen Specter switched parties last April and became a Democrat, that complicated the selection process, sources said.
Sources said that Casey and Specter could not agree on a single candidate to recommend to Obama, who makes the formal nomination.
An initial screening process last summer produced a list of 20 names for U.S. attorney here.
With Casey and Specter unable to settle on one, several names were jointly submitted to the White House last month, sources said.
A source with knowledge of the matter declined to say how many names were submitted or to identify them.
Among those thought to be on a short list, sources said, are Cheryl A. Krause, a partner at Dechert LLP; James J. Eisenhower, a partner at Schnader Harrison Segal and Lewis LLP; and J. Huntley Palmer of JP Morgan Chase & Co. All were once federal prosecutors here.
Krause, Eisenhower and Palmer declined to comment for this story.
Justice Department spokeswoman Melissa Schwartz would neither confirm nor deny whether the Justice Department had received any names from the White House or begun vetting any candidates.
Larry Smar, a spokesman for Casey, said, "As of right now, I don't have a sense of when a nomination will be made."
A spokeswoman for Specter declined to comment.
The U.S. attorney here - one of 93 in the country - brings criminal and civil actions on behalf of the federal government in the nine-county area of southeastern Pennsylvania.
The office has prosecuted a number of high-profile public-corruption cases in recent years, including that of former state Sen. Vince Fumo and former City Councilman Rick Mariano.
Former U.S. Attorney Meehan resigned his post in July 2008. The current U.S. attorney, Michael L. Levy, was named by the Justice Department on an interim basis last May to serve as U.S. attorney until Obama nominated a successor.
When the White House receives a senatorial recommendation, it is sent to the Justice Department for vetting.
Schwartz said the vetting process - which includes background checks and interviews by political and career officials - can typically take up to three months.
Once a finalist is determined, that person is interviewed by Attorney General Eric Holder, who makes a recommendation to Obama.
After Obama makes the formal nomination, it is sent to the Senate for confirmation.
And there's no certainty that a nominee - given the current partisan rancor in the Senate - will win timely confirmation.
Case in point: New Jersey's new U.S. attorney, Paul Fishman, was recommended to Obama last February and was nominated by the White House in May, but not confirmed by the Senate until Oct. 7.
According to the Web site Main Justice, an independent news organization that covers the Justice Department, 31 new U.S. attorneys have been confirmed by the Senate, 12 more have been nominated by Obama and another 23 names have been recommended by senators to Obama for U.S. attorney posts throughout the country.
None of those confirmed or nominated to date are holdovers from the Bush administration, although two Bush holdovers have been recommended to Oba-ma. ""
Source
http://www.philly.com/philly/hp/news_update/80882337.html?cmpid=15585797
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