MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Tuesday, June 21, 2005 Vilar Meets Bail Alberto Vilar, co-founder of Amerindo, was released on bail on Monday, reported the Wall Street Journal. Vilar was previously unable to meet a $10 million bail set by a federal court judge earlier last week. To meet the bail, Vilar only needed to round up $4 million in property and assets and find four friends to co-sign the bond, but according to the Journal, he only rounded up a friend's $1.8 million Southhampton property and art worth $1 to $2 million. Printed from: MFWire.com/story.asp?s=9931 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |