V BAND Wins Madoff Upgrade (With Help From J.P. Morgan)
MANAGEMENT AND STRATEGY
Bernard L. Madoff Investment Securities of New York has purchased 46 positions of V Band Corp.'s so-called Power Deck trading room digital telephone turret system. The Power Deck turrets replace the firm's incumbent analog turret system -- V Band's older-generation model VK 6000.
At Madoff, however, the arrival of new digital turrets does not coincide with the arrival of a new digital data distribution platform. According to an official at Madoff, the firm -- which currently relies on a
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