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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (62244)4/18/2005 6:32:39 PM
From: Moominoid  Read Replies (2) | Respond to of 74559
 
What happened to Ray Williams and Rodney Adler in Oz?

Also what happened to DROOY? Everyone on SI seemed to used to be saying what a fantastic investment that was!

Oh yeah, what is this about "feather duster"? "H5N1"?



To: Maurice Winn who wrote (62244)4/18/2005 10:03:27 PM
From: Raymond Duray  Respond to of 74559
 
Re: It surprises me how many people in the USA continue to be caught with their hands in the till or conducting various frauds despite the many going to prison.

I could not agree less. For the most part, the fraudsters, skimmers, frontrunners, Level 3 anglers, and assorted perps all get away scot-free decade after decade.

What surprises me is how naive the American public remains about the fiction of fair markets.

Richard Ney, a critic of Wall Street about 3 decades ago wrote the following:

"The story is told that after he had been deported to Italy, Lucky Luciano granted an interview in which he described a visit to the floor of the New York Stock Exchange. When the operations of floor specialists had been explained to him, he said, 'A terrible thing happened. I realized I'd joined the wrong mob'"

w3.trib.com

Today, the fraud has simply gotten more complicated..... the smoke and mirrors more layered....

We call this progress.