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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Dave O. who wrote (90225)	1/27/2005 2:47:39 PM
From: olivier asser	Read Replies (1) \| Respond to of 122087

Let me get this straight. You call $25,000 a month in commissions for just one trader "reduced transaction costs"? (Multiply that by thousands of traders and you get the picture.) You call bribing dozens of internet sites giving investment advice to issue hundreds of recommendations every day to traders a contribution to "reduced transaction costs"? The public claim, completely false, that commission costs were lower was part of the deception. In fact, commission costs skyrocketed; and so did traders' losses. All a direct result of the kickback bribery pattern of racketeering activity planned and carried out by Berber. Berber earned his vast fortune by illegally skyrocketing transaction costs. In due course, we'll see how many traders affected by Berber benefited from his exploits, whether or not he "helped the public enormously." I can tell you the results right now, because I've spoken with many who were affected, but we'll save the specific details for Court. This has helped the public enormously in reduced transaction costs.

To: Dave O. who wrote (90225)	1/27/2005 3:00:03 PM
From: olivier asser	Respond to of 122087

Let's see here, Part II: a) Full-service broker charges $50 roundtrip commissions for active trading account and securities recommendations. This broker recommends 30 trades a month based on fundamental news. 30 trades are executed. Transaction costs = $1,500 monthly. now compare to: b) Never-licensed (not state, not NASD, not SEC) broker Berber charges "deep discount" $25 roundtrip commissions for trading account. Rea/Trading Places, "independent" investment advisers they claim, charge $500/month in fees for investment advice. Berber calls Rea and says how's about I pay you 35% of commissions generated by TP clients? Rea begins to recommend hundreds of trades per day to TP clients, based on various devices engineered to lead to high-volume trading only, for example scalping for fractions, double-dipping in momentum stocks, basket trading and lunchtime trading. TP client executes 1,000 trades a month. Transaction costs = $25,500 monthly. And you're telling us that Berber "helped the public enormously in reduced transaction costs"? OK, Dave. I hope Berber makes this argument in Court as well. By the way, part of Berber's business model was to constantly attack traditional brokerage firms for their conflicts-of-interest. Kind of like AP attacking NASDAQ MM's when he himself brought racketeering fraud to an entirely new level.

To: Dave O. who wrote (90225)	1/27/2005 3:25:39 PM
From: olivier asser	Respond to of 122087

You know what also "plays in a lot of outcomes"? Here ("you" means AP and/or Berber): 1. Defrauding the public on a vast scale while claiming your only goal is to help a public that suffers not knowing the "truth" you've now arrived on the scene to come and provide the ignorant; 2. Engaging in a pattern of extortion and/or bribery in order to affect legitimate interstate commerce so that you might be vastly enriched, you know, for that new Bentley and Hummer and/or the most expensive estate recently purchased in central Texas ($8.5 million) and other assorted toys; 3. Succeeding beyond your wildest dreams in defrauding the public, then boasting about it repeatedly on the Internet and/or CNBC, Fox News, the New York Times, the Wall Street Journal, then comparing yourself to Mother Teresa, also claiming in public that "I just have a new job now, an honored and privileged one...to redistribute some of God's wealth for the well-being and benefit of others" and "the Great Investment Banker in the Sky" is the reason why your fraud earned me $350 million; your wife then follows this up in public saying, the sale was achieved through "Divine guidance...there's really no other actual explanation"; then comparing yourself to Bono and U2, also Irish citizens 4. When finally caught red-handed, continue to claim your activities were a benefit and a United States Attorney is "dangerously obsessed" and the Court a "kangaroo" and/or a private citizen under RICO acting in the spirit of that Act as a "private attorney general" (why RICO provides the incentive of treble damages, to provide the public an incentive to help shut down racketeering activity, the government can't possibly do everything with its limited resources), a ruined trader is called "a menace to the judicial system," when Berber committed provable perjury in a California state court and filed repeated false materially statements in federal court, that this trader proceeding without counsel and limited funds is making Berber "miserable" by "harassing and vexing" him with some inconvenient facts he would rather put behind him. Why I've followed the AP case with such great interest is as I said: there are a great many similarities, and yes I am very happy that a jury just found AP guilty of racketeering and extortion beyond a reasonable doubt. It gives me great hope going forward that though justice may not be had overnight, in the end, it is there to be had, if you commit to it.