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Thursday, 20 August 2009

Trawling through the log

Looking back through the last few hundred entries in the logger for the site there is an impressive roster of financial institutions dropping by: JPMorgan Chase & Co., CIBC World Markets, Goldman Sachs, PricewaterhouseCoopers, Barclays Capital /Barclays Bank plc., Phibro/Citigroup, Morgan Stanley Group, Janus Capital, National Australia Bank, Allied Irish Bank, Deutsche Bank, London Scottish Bank, Alchemy Venture Partners, Wells Fargo Bank and Lehman Brothers.

Woah! What was that? Lehman Brothers? Sure enough there is an entry from 13:15 last Sunday recording a page access from a Lehman Brothers IP address in London. But you probably thought there was nothing left at Lehman. Well not quite. Barclays bought a lot of the US businesses, and Nomura took the Asian businesses and bought the European staff for $2, but passed on the assets and liabilities which are being run off by PricewaterhouseCoopers.

Among the remaining assets of Lehman Brothers is a stockpile of 450,000 lb of uranium "yellowcake", a solid form of unenriched uranium and a hangover from a commodities trading contract.

So what was the no doubt lonely administrator doing on a Sunday lunchtime in the Lehman offices? Answer: looking at the Google search results for "PCP capital partners Amanda Staveley".

Looking for yellow cake buyers in the Gulf? Forget it pal. From what little I know of export controls, that's one sale that's never going to complete.

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