FROZEN SPORK
- From: Vol 9, Issue 12 (December 2008)
- Category: Need to know
- Region: Europe
- Country: United Kingdom
- Related Companies: iGlobal Water and Sextant Capital
* Remember Otto Spork of Sextant Capital Management?
He came to GWI’s London conference to promote iGlobal Water, a Luxembourg-based company which had acquired a 90-year lease on three Icelandic glaciers with a view to selling the meltwater around the world. This investment has apparently delivered returns of more than 730% – far greater than anything Bernard Madoff dreamed up. Now, the Canadian securities regulator is accusing Spork ...
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