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LJM (Lea Jeffrey Michael) : ウィキペディア英語版 | LJM (Lea Jeffrey Michael)
LJM, which stands for Lea, Jeffrey, Matthew, the names of Andrew Fastow's wife and children, was a company created in 1999 by Enron's CFO, Andrew Fastow, to buy Enron's poorly performing stocks and stakes and bolster Enron's financial statements. ==LJM1== In 1999, the early days of the Dot-com boom, Enron invested in a Broadband Internet start-up, Rhythms NetConnections. In a desire to hedge this substantial investment (they owned at one point 50% of Rhythms' stock) and several others, Fastow met with Kenneth Lay and Jeffrey Skilling on June 18 to discuss the establishment of an SPE called LJM Cayman L.P. (LJM1) that would perform specific hedging transactions with Enron. At a board meeting on June 28, Fastow announced that he would serve as the general partner and would invest $1 million. Also at this meeting, Fastow introduced the structure of LJM, stated he would collect certain "management fees", and got Lay to approve the partnership pursuant to Enron's Code of Conduct (Fastow's participation as the managing partner of LJM1 was not judged to "adversely affect the interests of Enron"). Later, Fastow raised $15 million and started LJM1 on its ''raison d'être'', the Rhythms "hedge" (see below).
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「LJM (Lea Jeffrey Michael)」の詳細全文を読む
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