By: Jack Waymire | February 26, 2009 | Investor Information
Sent from an email friend, and very pertinent to understanding the world of finance in today’s crazy world!
CEO – Chief Embezzlement Officer
CFO – Corporate Fraud Officer
BULL MARKET – A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET – a 6 to 18 month period when the kids get no [...]
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By: Jack Waymire | February 17, 2009 | Illegal Schemes & Scams, Investor Information, Wall Street Ethics
Video from CNN coverage: Finally, someone calls out the SEC on their unbelievable failure to catch Bernie Madoff’s Ponzi scheme despite several attempts over 10 years by Harry Markopolos to lead the SEC directly to Madoff Securities. As Ackerman states, ‘You couldn’t find your backside with two hands and the lights on.”
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By: Jack Waymire | February 17, 2009 | Illegal Schemes & Scams, Investor Information, Wall Street Ethics
Sadly,?the ‘He Made Off With My Money’?Bernie Madoff?action figure?is stealing the show at a New York Toy Fair.?? For only $99 you can own a limited edition doll?that comes with?a poster and hammer designed for taking out some financial aggression and anxiety on the doll.? Since it is?fairly limited in number, this might be a [...]
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By: Jack Waymire | February 15, 2009 | Illegal Schemes & Scams, Investor Information, Report Fraud
A recent Paladin Registry (www.paladinregistry.com) study showed Ponzi investment scams have a common characteristic:? the people behind Ponzi?scams develop personal relationships with investors to create trust, gain control of assets, and generate referrals to other victims for their illegal products.
Jack Waymire, co-founder of Paladin Registry and author of ?Who?s Watching Your Money? The 17 Paladin [...]
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By: Jack Waymire | February 15, 2009 | Investor Information
I came across this high level explanation of how a Ponzi scheme works.
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By: Jack Waymire | February 15, 2009 | Investor Information
http://finance.yahoo.com/expert/article/stockblogs/141314
Seems a fitting first post for InvestorWatchdog.com, where we foresee a community of advisors, investors and authors working together to protect investors from bad financial advice, products and companies.? We aim to provide a forum?whereby investors and wealth management professionals can report about questionable financial practices including scams and schemes happening around the country as [...]
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