Don't miss what's happening in Kingwood
People on Kingwood.com are the first to know.
Go to top of page
Close
 
Close
Back
* CONTEST TODAY: 24 Hours Only - Win a $25 Gift Card to Panera Bread!  Ends in 15 hrs Read more »

you can always trust the wall street boys

you can always trust the wall street boys

« Back
This discussion has been locked.
Message Menu
by: ProblemAgain Active Indicator LED Icon 10 OP 
~ 9 years ago   Sep 18, '14 5:51pm  
How a Wall Street Felon Stayed in This Mansion
 



by WSJ Live

4:58 mins


 




 

Paul
Bilzerian, a Wall Street felon who owed the government $62 million,
lived for nearly two decades in his "Taj Mahal." WSJ's Jason Bellini
reports.https://screen.yahoo.com/videos-for-you/wall-street-felon-stayed-mansion-222204238.html?vp=1

4951
* Reactions disabled on political threads.
What are your thoughts? Log in or sign up to comment
Replies:
Message Menu
ProblemAgain Active Indicator LED Icon 10 OP 
~ 9 years ago   Sep 20, '14 2:34am  
too complicated? 4951
* Reactions disabled on political threads.
Message Menu
Retired_Engineer Active Indicator LED Icon 13
~ 9 years ago   Sep 20, '14 9:17pm  
@ProblemAgain:  This case shows how you can abuse the financial system as long as you have a partner you trust and one of you is willing to spend some light time in jail.  I can't understand why the government let their scam(s) go on so long!  I'm sure if you or I tried to pull something like this, we'd be tossed in jail and all our assets would be confiscated.....oh, that's right, he said he didn't have any assets and they BELIEVED him! 4951
* Reactions disabled on political threads.
Message Menu
Retired_Engineer Active Indicator LED Icon 13
~ 9 years ago   Sep 20, '14 9:30pm  
I recently read something where a financial auditor repeatedly warned the SEC about Bernie Madoff and his "investment" program YEARS before he was finally shut down.From my experience, almost all "auditors" or investigators that work for the government are doing so only so they can learn about regulations and how to work around them.  Then, they quit their government job and go to work in highly paid jobs for a company that they previously monitored.  The oil company I worked for hired several former EPA monitors so we could avoid fines and bad publicity.  The former EPA people also used their contacts from their previous job to "bend" a few regulations. 4951
* Reactions disabled on political threads.
This discussion has been locked.
« Back to Main Page
Views: 3
# Replies: 3

Prestige Cleaning Professionals




Zero Gravity Jump Zone Logo Challenge Soccer Club Logo T & K Electric Logo Equinox Outdoor Lighting Logo Ann's Teahouse Logo Kingwood Mortgage Guy Logo Handal's Roofing Logo Kingwood Spaces Logo Dogtopia Atascocita Logo Mammoth Cleaning Services Logo Texas Auctioneers & Estate Sales Logo Rowland Ballard  Logo CBD American Shaman Of Kingwood Logo Texas Water & Ice Logo Elite Hospital Kingwood Logo Massage Heights Body + Face Kingwood Logo Dale P. Guidry - State Farm Insurance Logo Kingwood Service Center Logo
Sponsor an ad Sponsor an Ad »