Morning Docket 3.26.09
* The receiver appointed to locate Dreier’s assets recovered more than $100 million, including $39 million in art, a 121-foot yacht, three properties in the Hamptons, and a sand dollar. [Bloomberg.com]
* A month before he was accused of helping R. Allen Stanford run an $8 billion ponzi scheme, he sent him a text: “I am praying for you.” Now his fellow church members are praying for him. [Bloomberg.com]
* An Illinois attorney was charged with stealing more than $100,000 from his firm from a scheme that lasted from 2001-2006. Prosecutors say they should be able to pay back the firm with loose change found in between couch cushions in Dreiers yacht and three houses. [The Chicago Tribune]
* Three families have filed suit against the District Attorney after he threatened to charge them with child sex abuse for “sexting” (sending semi-nude photos to people on their cell phone). [The New York Times]
* Was it the recession that killed WolfBlock? This reporter says it was “a past they couldn’t escape.” Sounds sinister, but it was just bad management. [The Philadelphia Inquirer]
* Some small investors with bad luck repeatedly sue companies with allegedly poor management in an attempt to hold corporate officers accountable for their losses. Is that good or bad? [The Wall Street Journal]
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Comments
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these pretzels are making me FIRST!
edamame!
YEAH!!!!
Who is this receiver Mark Pomerantz? What kind of shlubby day job does he have?
You are gonna wanna listen to this:
http://www.youtube.com/watch?v=UR9YSKDJJp0
"A month before he was accused of helping R. Allen Stanford run an $8 billion ponzi scheme, he sent him a text: "I am praying for you." Now his fellow church members are praying for him."
Please make sense of this statement. Who is "he?" Did Elie participate in preparing the morning docket??
DRIVEL. PURE DRIVEL.
ATL to layoffs; Eliza first to go!!!
Eliza-
It is okay to use an apostrophe when adding an 's' to make something possessive. For example, "the yacht belonging to Dreier" becomes "Dreier's yacht." I think you took the scolding everyone gave you last week regarding your use of the apostrophe-s to pluralize words too far.
NJ charges 14 year old girl for child pornography for posting photos of herself.
http://www.mycentraljersey.com/article/20090326/STATE/90326002
That seems like overreaching
It took this guy 6 years to steal $100k? He is going to jail for that? What an idiot. He would have made more money if he had just worked harder during the same hours he was scheming.
Pronouns ur doin it rong.
"Prosecutors say they should be able to pay back the firm with loose change found in between couch cushions in Dreiers yacht and three houses."
Okay...that made me laugh.