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Tuesday, 03/24/2009 4:41:36 AM

Tuesday, March 24, 2009 4:41:36 AM

Post# of 34412
Have to read!!! SO who is Stephen Lumb?


City revellers may have noticed this flashy South African president of St James Capital Holdings, who cruises round London in sports cars, has a penchant for West End clubs and is often surrounded by bodyguards. But somehow Lumb doesn't quite fit the rich playboy image.
http://www.timesonline.co.uk/article/0,,2095-1838206,00.html...

I hear that TD Waterhouse, the broker, has been looking for Lumb for a while, and last week used Prufrock's information to track him down at the Bentley hotel. He was served papers for £11,000 of debt.
http://www.timesonline.co.uk/article/0,,2095-1848961,00.html...

STEPHEN LUMB was livid about Prufrock's reports questioning the authenticity of his rich playboy image — but it hasn't stopped allegations that the flashy chairman of St James Capital Holdings is not great with his finances. Last week I was told Allied Irish Banks (AIB) and Knight Frank had had problems with him too. Lumb, who told me he was “controversial and difficult, but charming too”, was keen to clarify.
http://www.timesonline.co.uk/article/0,,2095-1859068,00.html...


The name also appears in connenction with Hanover Group, whose shares are currently suspended. The Nomad (Grant Thornton) announced their resignation on the same day that Mr Lumb was appointed to the board:

http://www.companyannouncements.net/cgi-bin/articles/2003040...

Presumably just a coincidence?