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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (4195)	2/6/2003 12:30:31 AM
From: mmmary	Respond to of 12465

RE: Znetix, kareem Abdul, Shaquille O'Neal Kareen lost a lot of money in bad investments. He also invested in the sports club LA here. They had to reorganize. He lost money there also as a main investor. He's just not a very bright business man. Shaquille works out there also besides two other celebrities mentioned. They probably just felt honored to be asked to be on the boards. I doubt they really knew of any hanky panky. They have business people handle all the business issues. I would think they had D&O insurance, directors and officers insurance. I think Kareem even had to go bk before because of taking bad investment advice. I think the scammy ceo and promoters used them and they didn't realize it.