Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Posted: 5/2/2001 7:36:59 AM EST
My company:  Earthlink

http://www.latimes.com/business/cutting/20010502/t000036899.html

Lawsuits allege Reed E. Slatkin bilked friends out of $35 million. SEC is also conducting an investigation.


Investors are accusing Reed E. Slatkin, a co-founder of the giant Internet service provider EarthLink Inc., of operating a Ponzi scheme that may have resulted in the loss of least $35 million of their funds.
   
Link Posted: 5/2/2001 7:41:50 AM EST
[#1]
Don't you know if someone succeeds and does well, it had to be crooked somehow.  Look at the Clinton DOJ going after Bill Gates.

Also, investors think they should never lose money.  If they do, it must be someone else's fault because they never make a bad investment decision.  It is easy to point fingers at someone who is doing well.
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top