Friday, February 5, 2010
Friday, October 30, 2009
Monday, July 13, 2009
Ponzi Island
Tom Petters and Bernie Madoff, both former denizens of Ponzi Island, now guests at the Graybar Hotel... will there be others?
Dealbreaker.com speculates:
Tom Petters was arrested for money laundering by the FBI last October and the SEC said there were $3.5 billion in losses for fund of hedge funds in his Ponzi scheme. For now, court proceedings in the Petters criminal case have been sealed - leaving the victims and the public with few answers about who else conspired in this maze of financial crime and abuse of investor confidence. One such person is a reformed convict turned multimillionaire Frank Vennes....
Stay tuned...
Thursday, June 18, 2009
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