--- In FairfieldLife@yahoogroups.com, Rick Archer <[EMAIL PROTECTED]> wrote: > > on 8/7/06 7:57 AM, Peter at [EMAIL PROTECTED] wrote: > > > --Rick Archer <[EMAIL PROTECTED] <mailto:groups%40searchsummit.com> > > > wrote: > > > >> > on 8/6/06 6:15 PM, markmeredith2002 at > >> > [EMAIL PROTECTED] <mailto:markmeredith%40lisco.com> wrote: > >>> > > > >>> > > I feel the need to point out the cowhig, dector > >> > and wilson raised and > >>> > > lost millions and millions of $$ from gullible > >> > sidhas for their > >>> > > "governors" business. Really poor ethics from > >> > what I saw. > >> > > >> > I know one guy who ³invested² his whole inheritance > >> > over $300K. Now he¹s > >> > broke. > > > > In defense of these guys, they had to comply with US > > law and disclose the extreme risk of their venture > > capital venture, yes? It wasn't like they conned > > people or anything. If I remember correctly they had > > some sort of a oil from shale proposal. If Ru > > investors weren't so naive and believed in "support of > > nature" regardless of the soundness of the business > > plan maybe they wouldn't have lost their money. Now, > > if the partners touted the > > "I'm-a-ru-and-in-tune-with-natural-law-and-can't-make-a-mistake" > > angle then that would be pretty bad. > > > They were pretty aggressive in raising venture capital. If they had been > really ethical, shouldn¹t they have asked that fellow about his overall > financial situation before allowing him to invest his entire inheritance in > the venture? Other investment guys do that, and some require that people > verify their net worth before investing. >
Times have changed then. MY investment broker never asked what I could afford to invest when he approached me. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
