Bleaf...your words...."and am convinced that Murphy is still on Goldman's payroll."

I have the same conviction..

Catherine Murph, BNN...

Experience

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The Article below is always in my mind....we know Mick has a lot more money in his war chest now, but, pay attention to the names...Goldman Sachs, Jp Morgan(originally hired by Noront), Deutsche Bank, X2...

http://www.cityam.com/article/1380588566/davis-returns-haunt-glencore-3bn-miner

ADVISERS X2 RESOURCES

BRETT OLSHER
GOLDMAN SACHS

GOLDMAN Sachs is advising X2 on the deal, with Brett Olsher, Christos Tomaras and Stephen Whitnell as key members of the team.

Olsher previously worked at Deutsche Bank, which was a regular adviser to Xstrata over the years. Olsher has worked on a large number of transactions across the mining, industrial and energy sectors, including the Glencore Xstrata merger itself, Xstrata’s £12.6bn acquisition of Ontario-based resources company Falconbridge and Mittal Steel’s £21bn takeover of European steel maker Arcelor in 2006.

A notable absence from the advisers panel is JP Morgan, who traditionally advised Mick Davis on deals during his tenure at Xstrata. Ian Hannam – dubbed the king of M&A resources during his stint at JP Morgan – used to lead the JP Morgan team on Davis deals before his resignation last year. He is currently appealing a £450,000 fine for market abuse from the City watchdog, and is now part of his own start-up, Strand Partners.

An industry source suggested that Davis is unlikely to sever contact completely with his old JP Morgan buddies, who know how a Davis venture works inside out: “Not everyone knows how to run a private equity fund, although everyone knows how to spend the money”.