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eCounsel group

A boutique firm with unparalleled expertise in business and technology. We have good command of industrial ecology and legal practice, and have undertaken highly regarded cases. Because the small business scope, we pay more emphasis on effectiveness and efficiency, and choose clients with deliberation. The managing partner not only has extensive experiences in various legal issues more over than 20 years, but invests and manages several technology companies. In addition, he always checks each case rigorously. Clients’ business objectives are our primary focus. To achieve the same in the most cost-effective fashion trumps all seemingly sophisticated legal discussions.

Fat Cats under Global Turmoil: Investment Bankers

2016 - 10 - 23

There is a quote in American TV show Suits between a lawyer and an investment banker, it tells a lot why we call them the fat cat.
知名美劇影集訴訟雙雄(Suits)中有這麼一段商務律師和投資銀行家間的言詞交鋒,從以下這句台詞可以就可以理解,為什麼我們說這些投資銀行家是所謂「當代貴族」了。(影片連結)

“We’re not lawyers. We’re investment bankers. We call you for the paperwork. We didn’t go to Harvard. We went to Wharton, and we saw you coming a mile away. Spank. ”

提到當代貴族,大家聯想到什麼?
1. 在人群中,他們自視永遠高你我一等
2. 食不厭精,餐餐客單價美金百元起跳
3. 出差飛商務艙、標配就住麗思卡爾頓
4. 自己身家都上億、案子起跳得幾十億
5. 縱然落難仍是貴族,上頭一切得照舊

組合牛肉當高級牛排賣

我們看看這篇華爾街日報的文章:Deutsche Bank Settlement Could Strain Capital

德意志銀行近期因為發行不良房屋抵押貸款證券(MBS)而被美國監管局開罰140 億美元,造成財務危機,也引發其股票被拋售。但是,即便投資銀行變成慘業,也慘不到所有已晉身貴族的高管們。缺錢,一定能從外頭搬進去;萬一客戶或投資人不給,也可以用金融危機要脅政府紓困。德銀的人心裡穩得很,想說自己怎麼樣也不會變成Bear Stearns啊!

從最大咖的美國銀行在2014被罰了美金一百六十六億,到Goldman Sachs的五十億。這些投資銀行被罰的原因,這段寫得很清楚:

The banks have been accused of bundling poorly underwritten home loans and selling them as safer securities than they knew them to be, ultimately helping to fuel a bubble in rising home prices and exacerbating the consequences of the subsequent collapse.

最簡單的比方,就是這些投資銀行,明知自己賣的是「組合牛肉」,卻包裝成「高級牛排」。他們的組合牛肉無良到什麼程度?大量的過期肉品、混一些下等牛肉、再加上人工香精、色素、與化工黏著劑,嗯,可以大規模舖貨了。

他們海賺一狗票,消費者吃了全死掉。

So much for investment bankers.

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追訴法律責任?大家別傻了。 一案建商,遠比消費者、比政府更精於算計,要比奸比賤,我們是贏不了的。 曾有律師投書向媒體表示:「像這種法律責任事沒有時效消滅的問題,就算公司結束了還是可以追究負責人。」 我們不這麼樂觀。 建案完銷,股東把賺的錢分一分,公司就辦停業或解散,你覺得董事長或總經理還會把錢留在身上、把財產放自己名下,等著將來自己起的樓被發現是海砂屋、或輕輕一震房子就倒時,供屆時賠償之用? 也許讀者認為可以用刑事責任逼他們展現誠意? 可預見的狀況是:賠償金十億,而這些不良建商負責人被法院以業務過失致死判二年,最後關個一年半就假釋在外。 或是開公司期間,這些建商的董事長和總經理,根本是每個月領三萬元車馬費的人頭? 那要不要再出個殺手鐧,立法禁止任何一個建商在房子蓋好後到住戶同意非因瑕疵而拆屋重建(例如都更)前,全部售屋所得均不得以股利或任何其他模式處分掉、更不准解散清算?(能想得出這種橋段的人肯定不知道憲法上的平等權和財產權保障是什麼意思) 故此,這幾十年來台灣建築業生態上常見的現象該如何解套,請見下篇「民刑事責任,對掃蕩瑕疵建案毫無幫助」。

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