Today we have yet another case whereby the SEC has reinforced the precedent of securities fraud. This sickens me to the bone.
Read moreThe reported news of SEC actions to move towards a ban on flash trading pose nothing more than a smoke screen to fool investors into thinking the SEC is watching out for their best interests...
Read moreFresh off the press, Bank of America basically gets a "get out of jail" free card for securities fraud and criminal indictments by BAC and MER executives by sending a few million dollars to...
Read moreLast week, a federal judge dismissed an insider trading case made by the SEC against Mark Cuban. I discussed this case several weeks ago. "U.S. District Judge Sidney A. Fit...
Read morePerhaps you've heard about New Jersey's latest case of corruption. It involves three mayors, five Jewish Rabbis, money laundering, bribes and human organ sales; and not just in Jersey, This drama...
Read moreI don't know if you've heard about the state of California's issuance of numerous IOUs over the past several months as a desperate plea to stay afloat.
Read moreHave a look at Gross’ Total Return Fund’s top 10 holdings. Recall this is the world’s largest mutual fund.
Read moreIn 2006, Ron Insana’s “popularity” with the sheep viewers of CNBC led to his resignation in order to start a fund of hedge funds (FoF). I don’t know the details of this arrang...
Read moreThat’s what the envelope states in large bold faced print I recently received. I was naturally curious so I opened it. Perhaps I was a bit naïve but I thought it had to do with some offer t...
Read moreYou may recall a few previous articles I've posted on the vultures out there that prey on your desperation. Some of the most dangerous wolves of the pack are the investment newsletters, and there are...
Read moreThe SEC has formally charged Angelo Mozilo, former CEO of Countrywide Financial, with fraud related to the mortgage debacle.
Read moreBy now, surely everyone knows about the infamous Nigerian email scams. But were you aware that these scams have cleared hundreds of millions of dollars (if not more) in just a few years time? &nb...
Read moreYou might have heard about Dallas Mavericks owner, media owner, and dotcom lotto winner Mark Cuban's alleged case of insider trading by the SEC. If not, I made reference to in a recent pie...
Read moreIt’s a nice scare tactic to feed to Americans. How does Washington know they are too big to fail? How does Washington know their failure would be worse than the consequences of a governmen...
Read moreCan you imagine what would happen to the bank, Wall Street, real estate and mortgage executives if they were in China? They wouldn’t be around by now. But this is America, where CEOs commit acco...
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