EZ, i dont know that "friends" is the way i'd describe munk and fung...and "working together" may not fit either... fung was a partner at gordon and gordon did try to "work with barrick"..

here's a snippet from the gordon financial story (i cant repost the whole thing because it makes me want throw up a little). i sure would like to know WHO specifically mixed up the pitches in this story..it could explain a lot.

The RBC offering merely emboldened Gordon. Once, in an attempt to drum up business, the firm sent a proposal to Barrick Gold, outlining why it should mount a hostile takeover of rival miner Placer Dome. Then someone figured it would be best to hedge the firm’s bets: Why not send a proposal to Placer, warning it could be a takeover target and encouraging it to make its own bid for Barrick? That way, if either took the bait, Gordon would be assured a nice advisory fee.

Alas, in their enthusiasm, the bankers mixed up the pitches: Barrick chief Peter Munk found himself staring at a proposed takeover of his company masterminded by Gordon. According to some partners, Munk never spoke with them again.