2008-12-01 — finalternatives.com
The bank accused the Plano, Texas-based firm, which primarily manages money for the family of former U.S. presidential candidate H. Ross Perot, of defaulting on a Nov. 20 demand that it provide $125 million in eligible credit support as collateral on derivative contracts. It says it is owed as much as $753 million in collateral based on an early-termination agreement.
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