Embedded Files
The reports this past week (ending 22 Feb 2014) from Michael West have shocked all of those that follow the LM story. The reports have drawn responses from Peter Drake. Those may make the public domain soon. There appears to be a bitter personal battle playing out before us. Amidst an onslaught of material from Michael West, Peter Drake is protesting his innocence. To those not so close to this story it might even sound mildly plausible.
The LMIVC would like to reassert the facts of the matter. Peter Charles Drake held trustee responsibility as MD / CEO of LMIM. His organisation lost the monies. Well over US$600m. It didn't just not perform well. IT LOST THE MONIES. The behaviour that led to that at best was reckless and extensively abused the fiduciary responsibility of a trustee. To this day that man walks free. Michael West performs honorably by keeping this in the public eye where it must remain until justice is done.
Page updated
Google Sites
Report abuse