Feds charge hedge-fund managers with $1B embezzlement


#1

Originally published at: http://boingboing.net/2016/12/20/feds-charge-hedge-fund-manager.html


#2

Should have left sooner. Stopping to gather your books will get you into trouble every time.


#3

I wouldn’t expect much in the way of forward planning from a bunch of greedheads who thought they’d succeed where Meyer Lansky failed.


#4

The next cabinet members? Head of the SEC maybe?


#5

yes, too bad Trump missed a chance to appoint them.


#6

Obviously their taxes are too high, so crime and fraud are their only recourse. Oh the huge manatee!
Thanks Obama.


#7

The article is hidden behind the WSJ Google wall. Let me google that for you.

EDIT: They block that link too? Try this one: Authorities Allege $1 Billion Fraud at Platinum Partners


#8

Presidential pardon, then sign 'em up in the new admin.

[head-desk.gif]


#9

Why is this news? Isn’t this how hedge funds are supposed to work?


#10

600 investors netted them $1 billion? I just don’t have it in me to give a crap about someone scamming people with that kind of money. The Feds should focus on the banksters fleecing the other 99% of us.


#11

You have to understand.

They were stealing from Rich People.


#12

Right! I mean, this wasn’t pensions or something wristslappable. Gotta send a message!


#13

Don’t let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner.


#14

Time to warm up the ol wrist-slapper!

On the bright side, at least it’s nothing as serious as a broken taillight, so none of them will be shot dead by police before reaching custody.


#15

This is serious stuff!

We’re not talking about poisoning cities or giving away classified information to your fuckbuddy, this needs to be punished!!!


#16

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