Comments on: Unsettled Trades: Jobs Destroyed, Firms Ruined, Pensions Looted

By: Oilwellian

Oilwellian — Sat, 14 Mar 2009 05:01:53 +0000

I did a video on Force Protection Inc. and posted on YouTube crediting your website for the information. I wrote last week and never heard back so hope it’s ok I did this. I plan to post it on Daily Kos tomorrow so you may see an increase in your site activity. Here’s the link:http://www.youtube.com/watch?v=t5put3e8MQo

If you have problems with the link, I’m Oilwellian on YouTube and it’s my latest video. It’s called “The Financial Terrorists of Wall Street.”

Best regards,
Kathryn

By: anonymous

anonymous — Fri, 09 Jan 2009 11:25:24 +0000

Patrick,

Besides the trading in FRPT, there have been multiple shareholder suits brought against the company

The complaints allege that the company did not have accounting controls and reported profit when they weren’t profitable and that they knew that they were not meeting gov’t standards for bidding. http://securities.stanford.edu/1039/FRPT_01/2008116_r01c_0800845.pdf

By: An Overview of Deep Capture | Deep Capture

An Overview of Deep Capture | Deep Capture — Thu, 25 Dec 2008 00:19:29 +0000

[...] Chapter 6 – Ruined Firms & Looted Pensions Another side effect of this crime is that many companies (often innovative tech and biotech companies) have been damaged or destroyed, while the Americans who invested in them were robbed, generally with no awareness on their part beyond the loss of their savings in the stockmarket. [...]