Andrew Abraham

andy-0101 My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following. Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.

Contact Details

If you are interested in contacting for speaking engagements. Please email me at Andrabr9@gmail.com or call 954 903 0638.

Books Worth Reading

Sponsored Listings

Risk Warning

Futures and commodity trading involve substantial risk. The evaluations of futures and commodities may fluctuate and as a result, clients may lose more than their original investment. In no event should the content of this website be construed as an express or an implied promise, guarantee or implication by, that you will profit, or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible, where projections of future conditions are attempted.

infolinks

Links

Trend Following CTA abraham investment management
Binary Options
Learn Forex Trading Online
Get a grip on forex trading with this free online course.
Tax Software

Misdirected wire fees motion by Trustee Giddens in the MF Global Bankruptcy

Are misdirected wire fees another misjustice by Trustee Giddens? With respect to misdirected wires, he “seeks authorization to charge a service fee for effectuating all returns, equal to one percent (1%) of the return amount up to a maximum surcharge of five thousand dollars ($5,000.00) per return.” You do the math, 50,000 accounts x $5,000! For what? Why is Trustee Giddens charging $890 a hour? Is this double dipping?

motionmisdirected0wires

See page 6 of his motion. Is Trustee Giddens justified by saying: “Due to the significant cost and time involved to investigate Misdirected Wires and to authorize returns, the Trustee has been authorized by the Bankruptcy Court to charge a service fee for effectuating returns, equal to one percent (1%) of the amount of any return up to a maximum charge of $5,000.00 per return.” See page 2 of Exhibit A. As I understand what is going on here is that he and his staff charges the estate by the hour $890 just for Trustee Giddens and, with respect to people that sent misdirected wires to MFG, he also wants to charge this service fee of 1% up to $5,000. Isn’t this a form of double dipping? What significant cost and time? Wires are well document events. You look on a computer and you can quickly and accurately determine when a wire came in, from whom and for how much. Plus why does his fee increase the greater the amount of the wire? It is the same process for him to research a $5.00 wire as it is for a $500,000 wire. Stated another way, it doesn’t take more to research a misdirected wire because the amount transferred has a few extra zeros on the end. Is this a prelude to what he will ask the court when he seeks to return segregated funds? Does Trustee Giddens not only want to sit on seg funds as long as possible does he also wants to bilk the estate for as much as he can?

Where are the Senators & Congressmen?

Andrew Abraham
Abraham Investment Management


Be Sociable, Share!
Add This! Blinkbits Blinklist Blogmarks BlogMemes BlueDot BlogLines co.mments Connotea del.icio.us de.lirio.us Digg Diigo DZone Facebook FeedMeLinks Folkd.com Fleck Furl Google Google Reader icio.de IndianPad Leonaut LinkaGoGo Linkarena Linkter Magnolia Mister Wong MyShare Ask.com MyStuff Ask.com Yahoo! MyWeb Netscape Netvouz Newsgator Newsvine Oneview.de RawSugar reddit Rojo Segnalo Shadows Simpy SlashDot Smarking Sphere Spurl Startaid StumbleUpon TailRank Technorati ThisNext yigg.de Webnews.de ReadMe.ru Dobavi.com Dao.bg Lubimi.com Ping.bg Pipe.bg Svejo.net Web-bg.com Plugin by Dichev.com

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>