Fraud Archives - Democracy Alert

November 1, 2015 by Ted Leave a Comment

Venezuelan hedge fund manager gets 13 years for fraud scheme

Venezuelan hedge fund manager gets 13 years for fraud scheme
Over time, the fraud ballooned exponentially as Illarramendi used his Stamford-based hedge funds to try to cover up losses exceeding a half billion dollars. In 2011, he pleaded guilty to several counts of fraud and conspiracy to obstruct justice ...
Read more on Yahoo News UK

Supreme Court Denies Request to Hear Newman Case
... Todd Newman and Anthony Chiasson were convicted of securities fraud and sentenced to prison after their trades in certain stocks, allegedly based on a chain of material non-public information, resulted in over $ 70 million in gains for their hedge ...
Read more on HedgeCo.net (blog)

Having Surged In The Past Week, Are Casino Stocks A Good Buy Now?
In fact, the 15 most popular small-cap stocks among hedge funds have returned 118% since the end of August 2012 and beaten the S&P 500 Index by some 60 percentage points (see more details here). Macau gaming revenues have been atrocious for some time ...
Read more on Insider Monkey (blog)

Controversial pharma CEO Martin Shkreli bails on Valeant bet
NEW YORK (Reuters) - The one-time hedge fund executive now running a biotech firm at the center of a drug-pricing controversy on Monday said he has bailed from a losing bet he made on another contentious drug maker: Valeant Pharmaceuticals ...
Read more on GlobalPost

May 3, 2015 by Ted 50 Comments

BILL MOYERS JOURNAL | William K. Black on Fraud | PBS

As President Obama makes the case for strong financial reform, Bill Moyers sits down with veteran regulator William K. Black, who says Wall Street is already been breaking current rules.
Aired April 23, 2010 on PBS. http://www.pbs.org/moyers/journal/04232010/profile.html
Video Rating: 5 / 5

Richard Wolff's smart, blunt talk about the crisis of capitalism on his first Moyers & Company appearance was so compelling and provocative, we asked him to return. This time, the economics expert dives further into income inequality, analyzing the widening gap between a booming stock market and a population that increasingly lives in poverty. Wolff also takes questions sent in from around the world by our viewers.

Wolff taught economics for 35 years at the University of Massachusetts and is now visiting professor at The New School University in New York City. His books include Democracy at Work: A Cure for Capitalism and Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It.
Video Rating: 4 / 5

Americans Are Just Beginning To Unleash Their Superpower!

March 2, 2025 By Ted Leave a Comment

American Consumer Spending Makes Up 70% of the GDP. This is an American Superpower that has been largely untapped until now. Consumer boycotts are springing up all over the country, targeting companies, corporations, and organizations whose values are opposed to the wishes and votes of the American Voter. Trump did not get a mandate, and […]

The Real Destroyer of Democracy is the Republican Party – And Here’s How to Stop Them

February 21, 2025 By Ted Leave a Comment

The Real Destroyer of Democracy is the Republican Party and here’s how to STOP them. I love this country and Democracy but what Trump and Doge are doing is Anti-Democratic. They don’t want to help Americans – they want to steal from Americans. After all of their rummaging and pillaging of the Government payment system, […]

Democracy Needs Your Help

February 17, 2025 By Ted Leave a Comment

I use to believe that democracy needed two parties since the exchange of ideas made our Democracy stronger. The Republican party is no longer the party of Lincoln. It’s a cult whose fealty is to Trump, a dangerous and some say, sociopathic narcissist, who seems bent on concentrating all power in himself, stealing money through […]

Simple, Inexpensive Solution to Open the Country, Increase Vaccination Rates, Overcome Vaccine Hesitancy and Get Back to Normal Faster

April 27, 2021 By Ted Leave a Comment

We are all anxious to get over the Covid pandemic as soon as possible and get our lives back to normal as quickly as possible. I have a simple, inexpensive solution that will open the country faster, Increase vaccination rates, overcome vaccine hesitancy and eliminate confusion about the effectiveness of the vaccines and exactly how […]

Trump’s Treason

January 4, 2021 By Ted Leave a Comment

Trump must be impeached immediately. His attempted coup has failed. We have heard him float suggestions will declare martial law. We must make sure that we short circuit Trump’s attempts to destroy democracy. Unlike Trump’s unfounded claims of voter fraud which were not supported by any evidence evidence of Trump’s muyoltiple crimes are in plain […]

Security Chief in White House Loses Leg to “Hoax” Virus Flouts Mask Requirement

December 18, 2020 By D Alert Leave a Comment

https://youtu.be/OawHa1w0-P4 Trump and Pence have been criscrossing the country holding mass rallies of largely maskless people. This disregard for other people continued as more than 600 holiday parties were scheduled by Pompao and other. Trump continued to say that covid would disappear. Or don’t be afraid of it. (Trump got cutting edge medical treatment that […]

Trump’s Supreme Court Gets It Wrong – Many Americans Will Die!

December 1, 2020 By D Alert Leave a Comment

The Conservative Trump Supreme court gets it wrong and many Americans will die. The conservative Trump court voted against New York’s 10 and 25 person capacity limits. None of the Justices has a background in epidemiology or pandemic responses yet they chose to overrule the health experts recommendations to the states. They also chose to override […]