Posts Tagged ‘

edward pastorini

Web gaffe grounds UAL

Momentarily. But not before skittish traders sent shares in United Airlines crashing from $12 — reportedly to one cent at one stage.

The Florida Sun-Sentinel was to blame after accidentally re-publishing a six year-old story from parent paper the Chicago Tribune, More…

Pastorini, denied a firing squad, vows not to pay $900,000 fine

Has the moment finally arrived when we can actually believe what hoax Gold Fields bidder Edward Pastorini (nee Theodore Roxford and/or Lawrence Niren) is saying? Most probably.

The chances of (Pastorini’s More…

Will the real Pastorini please stand up?

Our favourite US financier is back. Mainly it would seem because Bloomberg simply cannot stop flogging their long dead, and rotting, horse.

Felix Salmon has spotted that the long-promised profile of the mysterious Gold Fields bidder, More…

SEC on the trail of Pastorini, the $100bn prankster

With well over $100bn of fake bids under his belt — including tilts at Playboy Enterprises, Sony Corporation, Zapata Corporation, Edgetech Services, PeopleSupport and, most recently, Goldfields of South Africa — financial prankster Edward Pastorini tooks to be in danger of having his collar felt by the SEC. More…

Pastorini speaks! Part 2

Another email from the fantasy Gold Fields bidder, Edward Pastorini (see FT Alphaville passim):

To: tony.tassell@ft.com, alec.russell@ft.com

Subject: official documents that prove who I am

Ft Alphaville & FT: More…

Pastorini speaks! Part 1

Oh dear, oh dear – we have deeply upset and offended one Edward Pastorini. Last week, we had the temerity to suggest that the purported US financier’s plan to launch a bid for Gold Fields, as reported by Bloomberg, More…

Gold Fields fantasist: Pastorini’s offer letter, $15bn bid promised Tuesday morning

We just can’t resist this. A letter has arrived at FT Alphaville “from the desk of Edward Pastorini & Partners,” describing himself/themselves as having “offices offshore in Argentina, Brazil, Italy, United Kingdom.”    
This follows last week’s Bloomberg story, More…

The role of gold

As the elusive Edward Pastorini vanishes as quickly as he became a star in Wednesday’s fantastical bid for Gold Fields, one item in the alleged US financier’s pitch for taking over the iconic gold miner could provide a strand of reality amid the mirage. More…

Earth to Bloomberg: the Gold Fields bid story is a hoax

It happens all media organisations – the FT included. Whether it’s high market jinks or financial skulduggery, the fact is people make up stories and sometimes newswires and newspapers swallow them.

Earlier on Wednesday Bloomberg reported that a US financier by the name of Edward Pastorini was preparing to lead a $12.5bn bid for Gold Fields, More…

Er, who the hell is the Gold Fields bidder?

The Bloomberg story is unequivocal: a $12.5bn bid is on the way for Gold Fields, the iconic South African gold miner, from Edward Pastorini. The newswire has even seen documentation backing up the plan. More…