Mary Wong of Omaha: Ponzi Scheme With NFL Investment

Mary Wong of Omaha has been charged by the federal government for orchestrating a ponzi scheme. Mary Wong of Omaha took prospective investors money and instead of investing in luxury assets, funneled the money to support her other companies and lavish lifestyle. Mary Wong...

Social Media Banned at College Stadiums: SEC Bans Twitter et al

The SEC, arguably the most powerful conference in NCAA football, is reportedly developing a new "media policy" designed to restricts how much audio, video and "blogs," reporters can dish out during live games. The policy not only covers accredited media, but fans in...

Government Capping Compensation?

As you shelter yourself in a cool closet from the hailstorm of healthcare promotion, Congress and the President are sliding into home plate with compensation controls in the senior offices of financial firms, … for starters. The new Corporate and Financial Institution...

Regulatory Capture: O-stock CEO, Ron Paul, Gold-Sachs Corruption

Regulatory capture. That is the term the Overstock CEO Patrick Byrne uses to describe the reality that Wall Street now controls the regulatory bodies set up over the last one hundred years to regulate Wall...

What Does Allen Stanford Have in Common with Anti-Chevron Group?

Just when I thought things couldn’t get any shadier, I’ve learned that the lobbyist now representing the Amazon Defense Coalition (via Kohn Swift & Graf, P.C.) in its $27 billion lawsuit against San Ramon,...

SEC charges brokers with Collateralized Mortgage Obligation fraud

" In a lawsuit filed yesterday in the US Southern District Court of Florida, the SEC alleges the brokers presented the CMOs as suitable products for retirees and conservative investors. In some cases, the CMOs were...

Loathe Jim Cramer or Love Him, You Now Subsidize His Salary

How does it feel to finance the looting of your own retirement money.  The parent company of CNBC, which hired Jim to do Mad Money, is General Electric (GE), a company which received 139 billion dollars under...

The Deal To Make With Madoff

The icon embodying our generation’s perception of the more extreme and baser elements pervasive on Wall Street will receive a sentence this summer that will extend far beyond his life expectancy. The devastated thousands of sources that rendered up the $65 billion Madoff...

Short, Naked, Crooked, & in Charge

"Anyway, I keep picturing all these little kids playing some game in this big field of rye and all. Thousands of little kids, and nobody's around - nobody big, I mean - except me. And I'm standing on the edge of...

There Oughta Be A Law

Just when you thought it was safe, once again our Government proves it is one big revolving bed. Once again "we the people" are just an annoyance to the power elite. Who cares what we think and need. They will do...

Stanford Financial Group $8 Billion 'Massive Fraud' Indictments

Three executives of the Texas based Stanford Financial Group, including bank head Robert Allen Stanford, have been handed a series of indictments by the Securities and Exchange Commission surrounding an $8 billion...

Madoff Whistleblower Points The Finger At The FDA Also

During Harry Markopolos' testimony this week, Congressman Alan Grayson, from the 8th District in Florida, uncovered a damning accusation made by Harry against the Food & Drug Administration. This was really no...

Wall Street Whistleblower Gets Head Bashed In With Brick

Can the message be any clearer. The United States Government wants us to fund our own retirement with 401K's, and then allows the Wall Street mobsters, who pay for their election campaigns, to steal our nesteggs. If we complain to the SEC they do NOTHING. Occasionally, if...

It's a Milken Madoff Mafia Markopolos World!

"It is the loose ends with which men hang themselves" - Zelda Fitzgerald  — Link "They were careless people, Tom and Daisy--they smashed up things and creatures and then retreated back into their money of their vast carelessness, or whatever it was that kept them...

Hell Hath No Fury Like a Woman Ponzied

I warn you, the rabbit hole runs steep and deep. If you have already poked your nose in, don't miss the latest intrigue in the incredible disappearing comments on Mother Jones, Transparency — "Sorry, no, I don't see". Articles, myspace pages, videos, comments, evaporated,...

closeSign in to NowPublic

is reporting from