Comments on: Mark Patterson’s publicity troubles A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: John Harding Wed, 20 May 2009 09:55:40 +0000 You are right that now is a good time to investigate not only end runs around bank ownership rules, but MatlinPatterson, itself. In my blog I cover one of MatlinPatterson’s directors, Lap Wai Chan who is a fugitive from Brazil. Lap Wai Chan had attempted to siphon off some Variglog funds into MatlinPatterson’s Swiss bank account. MatlinPatterson had purchased Variglog, Brazil’s airline. Brazil attempted to confiscate Lap Wai Chan’s passport. Seems he is Brazilian, Chinese and American – indeed a worthy recipient of TARP funds.