The criminal complaint said Mr. Eberhard systematically defrauded clients by using his discretionary authority to make voluminous trades in mutual funds that carry high fees and are generally regarded as unsuitable securities for active trading.
Mr. Picard and Lazard must also sort through the trading unit's voluminous records, which are in disarray, according to a person with direct knowledge of the Madoff firm's operations.
And it encourages Darden to explore either selling its real estate and leasing it or to spin off its voluminous holdings into a publicly traded real estate investment trust.
Every year, the Office of the United States Trade Representative produces a voluminous report on foreign failures to protect intellectual property and another massive report on foreign trade barriers.
JPMorgan's trading activity was so voluminous that the bank was recklessly "employing a manipulative device" in the market for swaps, which are financial contracts that allowed the bank to bet on the health of companies like American Airlines.
The agency, using new authority under the Dodd-Frank Act of 2010, argues that the bank's trading was so large and voluminous that it violated a law preventing banks from recklessly using a "manipulative device" in the market for credit derivatives, financial contracts that let the bank bet on the health of companies like American Airlines.
The official, who insisted on anonymity because the case was diplomatically and legally delicate, added that the rare earth case could still be won because of voluminous files that point to abusive Chinese trade practices.
It is, of course, an insult to the intelligence of the public to claim that anyone who has concerns about the details of these voluminous legal contracts is therefore opposed to trade as a general principle.
It was only when they shifted their attention from how companies behave to how they think that they began to make sense of their voluminous material.Management is all about making difficult trade-offs in conditions that are always uncertain and often volatile.
This has resulted in $5.1 trillion in daily currency trading, endless hedging of currency risk, voluminous investment in wealth that already exists as a currency hedge, and yes, an explosion of hedge funds eager to profit from the equivalent of forcing chefs to work in kitchens with blindfolds on.
