Tim Mahoney,vFin,Venus,Florida Methodist Church,Sayed Mustafa and Islamic Usary (tags)
Mr.Mustafa seems to have a way of bending his own supposed religious rules.However in my humble opinion,by involvement in penny stock scams with his fellow right wing Christian or other business partners he is committing usary or worse.Perhaps Tim Mahoney or Leonard Sokolow at vFIN can explain to Sayed Mustafa how penny stock scheisters take a suckers money first and give worthless penny stock shares and then charge them steep interest on their own money as the worthless shares they were conned to purchase are dumped by insiders till all psychological value of the truly worthless shares is also lost.
The SEC,Adnan Khashoggi,GenesisIntermedia and me (tags)
Where could Mr.Adnan Khashoggi be ? Why can't the SEC contact Adnan Khashoggi or any other person who opens a public company using U.S. and or Nevada,(Khashoggi used Delaware incorporation I believe,perhaps to give his GenesisIntermedia scam a little more 'class' I guess), incorporation to do so ? And even more so for a Saudi national who wielded so much power as arms dealer and financier during the Iran-Contra era of the Reagan-Bush 1980's. Didn't Adnan Khashoggi have some 'business' in Armenia as recently as 2004 ? And why has the DOJ or FBI not stepped in to aid the SEC in its persuit ?
Charles Schwab:Joseph Grundfest,Stanford University Law,defends SEC's McCarthy Tactics (tags)
While subpoenaing journalists directly was a "big mistake," says Stanford law professor Joseph Grundfest, "it shouldn't be surprising and it shouldn't disappoint anybody" that the agency is going after market participants' communications with journalists. "It would be a very strange world if people could be held liable for every lie they told except for the biggest lies they told to reporters," he(Joseph Grundfest,ex-SEC Commissioner and Stanford University law professor) adds.” Joseph Grundfest,Stanford University Law,defends SEC's Business Journalist McCarthyism & stock fraud