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another named defendant is:
First Clearing, LCC (a subsidiary of Wachovia)
................................................
helping you reach your financial goals. We look forward to helping you for many years to come.
Facts at a Glance
Headquarters
Riverfront Plaza
901 East Byrd Street
Richmond, Virginia 23219
Broker/Dealers
Wachovia Securities, LLC
Wachovia Securities Financial Network, LLC
First Clearing, LLC
Revenue, 2004
$4.3 billion
Equity Capital, Pro Forma, 12/31/03
$2.35 billion
Employees
14,700
Financial Advisors
7,900
Licensed Financial Specialists
2,500
Active Retail Client Accounts
5.9 million
Online Accounts
1.5 million
Clearing Services
First Clearing, LLC
Market-Making
500 OTC stocks
Institutional Equity Sales Representatives
51
Industry Rank
Third-largest broker-dealer in U.S. by client assets
Asset-Management Accounts
$249 billion in assets, 1 million accounts
Exchange Memberships
New York Stock Exchange, Inc.
American Stock Exchange, Inc.
International Stock Exchange
Nasdaq
Boston Stock Exchange, Inc.
Philadelphia Stock Exchange, Inc.
Chicago Stock Exchange, Inc.
NYSE Arca, Inc.
Chicago Board Options Exchange
Chicago Mercantile Exchange
Chicago Board of Trade
Retail Client Assets
$689.1 billion
Nationwide Locations
2,700 in 49 states and Washington, D.C.
Correspondent Clearing Firms
127
its all good em
check this defendant out LMAO!!
Mission Securities Corp.
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Whale into Jonah?
Monday, Dec. 04, 1933 Article ToolsPrintEmailReprints Of all prodigious oilmen not the least is J. (for Jean) Paul Getty of Los Angeles. He was born in Minneapolis. His father George was of Scottish descent, a man who began life with little money and died in 1930 leaving an estate valued at $21.000,000. Jean Paul went to the University of California, later to Oxford whence he was graduated in 1914. In 1915 Jean Paul, interested in philosophy, an athlete, a pianist, a speaker of eight languages, was an oil lease broker in Tulsa, Okla.. with not a penny of his father's money behind him.
The first year he grossed $1,000. Then he bought and auctioned a lease in Stone-bluffs. Okla., netted $45,000, his first wealth. Just before the panic of 1921, he went to Europe. Six months later he returned to find himself $400,000 in debt. It took him three years to pay it back. By 1929 he was once more on his way, able to pay a seven-figured sum for a third interest in his father's oil properties.
He just ''took things easily," never tried hard, never let other people know what he was trying for. He married twice. He traveled. With his own hands he tinkered with his Ford coupe and battered old Duesenberg. In February 1932 by dickering with Blyth & Co. and J. & W. Seligman, he, aged 39, got control of 520,000 of the 1,000,000 shares of Pacific Western Oil Corp.
Since then Pacific Western (which owns the remainder of E. L. Doheny's former Pacific Coast properties, a 40% slice of the Elwood field, and a half interest in Kettleman Oil Corp.) has been Jean Paul's springboard. Pacific Western is a considerable producer but lacks outlets. In the spring of 1932 J. Paul Getty started collecting the stock of Tide Water Associated Oil Co. (which in 1926 acquired control of Associated Oil Co). Tide Water Associated has plenty of outlets but lacks production. It is also five times the size of Pacific Western. Last week it was announced that Pacific Western, Jean Paul Getty and friends, had acquired 1,100,000 of the 5,600,000 shares of Tide Water Associated, at an average price of $5 per share. Last week the market price was over $10.
The possibility of Jonah swallowing the whale was increased by the prospect of Jean Paul's getting another 1,000,000 shares of Tide Water Associated from Standard Oil of New Jersey. Standard Oil does not own the stock. It is held by Mission Securities Corp. which bought it in 1930 and still owes Standard $15 per share on the purchase. If Standard takes it back and makes a deal with Jean Paul, Jonah will have nearly 40% of his whale safely inside.
could have attorneys
calling us from far & wide depending on
what the judge says. For some reason I don't
see those hedge funds going long on our little
stock? just a gut feeling lol
two words...
hedge funds, imho. Man, depending on what the judge has
to say in his narrative (summation) some of those folks
will be hung out to try imo.
freaky stuff...
between cohen & the kuwait folks they manage over 10 billion
in assets? im not saying they've done anything illegal
at this point of course lol.
here's another defendant, terra nova trading llc
Terra Nova Institutional
Joshua Teuber
Managing Director
100 South Wacker Drive
Suite 1550
Chicago IL 60606 USA
888-846-5072
Specialty: Terra Nova Institutional, a division of Terra Nova Trading, L.L.C., offers real-time market data and order execution for hedge funds and the institutional trader. Our integrated platform allows users to make well-informed, timely decisions and route orders directly to the markets of choice. We also offer a fully staffed Agency Sales Trading Desk to assist in special order situations. Additional services like portfolio trading, VWAP routing, conditional orders and stop orders bring an enhanced dimension to the trading arena.
Email: Click here
Trading and Execution/US & North America
HEDGE FUNDS AGAIN! not that there's anything wrong with that lol.
here's a strange defendant of ours:
Dominion of Melchizedek..maybe the Feds have a lead on them now?>
The Shell game
Front companies still are the most popular means of shuffling money.
By Christopher Byron
http://www.redherring.com/
January 17, 2003
Offshore hedge funds are only the most recent arrangement by which money is moved in and out of the United States by way of the Crescent of Corruption. The oldest, and most popular, remain so-called offshore shell companies, which are nothing more than stock corporations in which a nominee lawyer in the tax haven country holds perhaps 1 percent of the stock, and the other 99 percent remains anonymous.
New York City's legendary district attorney, Robert Morgenthau, who led the coalition that brought down the Pakistani-controlled but essentially stateless Bank of Credit & Commerce International at the turn of the '90s, sees no justification whatsoever in offshore shell companies. "The IRS and the Treasury Department are working hard to stop what's out there, especially now, in the wake of 9/11," says Mr. Morgenthau. "But there won't be real change until these countries stop protecting the secrecy of criminal operations."
Such ask-no-questions setups are available in virtually every tax haven country in the Crescent. In extreme cases, the "country" itself is actually make-believe.
Consider the so-called Dominion of Melchizedek, which promotes itself as the world's first "post-modern state" and claims as its territory the entire land surface of the earth. In fact, Melchizedek is nothing more than a cyberspace invention of a convicted swindler named Mark Pedley.
In 1997, a jet-setting bunco artiste named Gilbert Allen Ziegler reportedly entered Grenada under a Melchizedek passport and set up the First International Bank of Grenada. The bank, exposed by investigative journalist David Marchant in his "Offshore Alert" newsletter, collapsed in 2001, taking with it some $200 million from U.S. and Canadian depositors. Mr. Ziegler fled Grenada, and now lives in Kampala, Uganda, under an alias.
Web site http://www.gtrade.com calls itself a "securities exchange forum." In reality, it's a shell company--located on a Web server in the British West Indies. The man reportedly behind the site is Joseph Andy Mann, a penny stock promoter. At the moment, he's a fugitive from U.S. justice, following his indictment in summer 2000 as one of more than 100 reputed mobsters, stock promoters, and Internet startup executives charged with strong-arming brokers and manipulating penny stocks.
[ RGM Short Selling
JHC Management? uh yep
Jonathan Cohen's JHC Capital's Actions at Odds with its Advice
After SCO's PIPE deal pushed the price up, the shareprice of SCOX began to fall. During that period, a JHC analyst is publically suggesting investment in SCOX while at the same time, JHC is selling their deflating SCOX shares.
Cohen's Analyst Recommends MOBI: Cohen's Funds Sell
Some interesting tidbits
15 March 2005
There is a regular poster to the Yahoo SCOX board whose nym is stats_for_all. Stats_for_all has continued to look into some of the players in the SCO story. In particular, he has occasionally shined his investigative skills on Jonathan Cohen. In particular, there was an interesting post from him today indicating that within a month and a few weeks of an MSNBC appearance touting MOBI as a good buy, the private and public funds run by Jonathan Cohen's management firm had sold over 120,000 shares of MOBI. This is in stark contrast to Cohen's actions toward SCO when an appearance by Cohen on CNBC during a critical time for SCO resulted in increased share price and continued holding by Cohen managed funds.
The detailed post by stats_for_all regarding the above is appended below, but I wanted to make a few quick pointers to some other interesting research regarding Cohen:
It seems that Michael Perica of the investment banking firm Brean Murray reported on 7 stocks, 6 of which were owned by Cohen funds.¹
Cohen manages Royce Technology Value Fund(RYTVX). It seems that on 16 August 2004, RYTVX sold out its position in CHNL (at a two year low price) and Cohen's private hedge fund picked up a significant portion of that position.
More detail on MOBI including articles by BusinessWeek columnist Gene G. Marcial who has featured other Cohen investments.
There are a number of other rather interesting posts regarding Jonathan Cohen that are currently unavailable from Yahoo! right now. I hope that when the SCO story is written by someone that this material gets a chapter or two.
The material listed below is copyright 2005 by Yahoo! poster stats_for_all
- This post #246134 from Yahoo! SCOXE had 25 recommendations when it was copied
When Actions != Words
by: stats_for_all 03/15/05 10:23 am
Msg: 246134 of 246242
On November 19, 2004 JHC Capital analyst Dana Serman appeared on the CNBC Stock Picks TV program. He gave buy recomendations for two stocks: DCLK and MOBI.
JHC Capital is the management firm owned by Jonathan H. Cohen. It manages the Royce Tech Value Fund (RYTVX). The mutual fund has $30MM assets and a parallel small private fund has $3MM assets.
As of Sept 2004, JHC owned 253,605 shares of MOBI divided between RYTVX (130K) and the private hedge that had 123,605. As of Dec. 31, 2004, JHC had sold 114,222 shares from its private hedge, and retained 9,383. JHC had sold 12,600 from RYTVX and retained 117,400. The liquidation may of produced $850K in working capital for the $3MM private hedge.
In short, JHC Capital was appearing on television on November 19 promoting investment in MOBI, but by Dec 31 had reduced its holdings in its private fund to minimal levels.
What provoked the JHC exit? Not reaching a price target, because MOBI was trading below October values. Not news, there are few SEC filings or headlines in the Nov-Dec period other than small planned sale Form 4's and a (proxy) Def14A issued Dec 28th. In fact, Y! reports no headlines between Nov. 8th and Jan 4th when MOBI lowered its 2nd Q outlook leading to a sell off.
There appears to be good circumstantial evidence that JHC may have already elected to sell MOBI when Serman appeared on TV promoting the stock. In this scenario, the public was given a misleading buy recommendation in order to build buy interest coordinate with the JHC sell off. The preceeding 10 trading days had seen volume averging 38K, so a >100K share sell off would of impacted the price in that anemic market.
Alternatively JHC could of had an abrupt change of heart between the 11/19/04 TV appearance and the end of year, provoking the exit. What would of catalysed that shift is unkown, since the missed earnings 8-K was not released until Jan 4, 2005. Perhaps JHC had prior knowledge of its contents?
The other stock promoted in the TV appearance, DCLK, was not in the Sept. 3Q 13F filing by JHC. By December 31, however, 126K shares worth $900MM had been accumulated, entirely held in the $3MM private hedge account. In other words, the private MOBI position had been neatly exchanged for the DCLK position virtually dollar for dollar.
The DCLK position was not funded by new hedge capital. Reported hedge holding were $3.8MM in September, falling to $3.0 MM in December. The erosion in hedge assets were partially offset by a profitable short-term position in CHNL. The JHC hedge had acquired 92K shares in CHNL from Royce Mutual funds in August at around $3 share, it sold in 4Q for perhaps $9 share, securing a possible $500K gain thanks to the very fortunate deal with its employer.
SCOXe watchers are interested in JHC because of the early, persistent and vocal position Jonathan Cohen took in support of the IP lawsuits. Dana Serman was credited by Cohen as the architect of the 2003 performance spike in RYTVX created primarily by the run-up in SCOXe values. Serman was Lazard-Freres tech analyst serving in the office of M$ acquisition VP (retired) Rich Emerson who is (presumed) mentioned in the Anderer Halloween memo as directing the M$ support deals.
To reiterate, JHC Capital made a public recommendation for MOBI which ran counter to its subsequently revealed actions.
Dana Serman interview reported at:
http://moneycentral.msn.com/content/CNBCTV/Articles/StockPicks/P101153.asp
¹ 04 April 2005 This post is particularly interesting because the referenced 17 Dec 2004 stats_for_all Yahoo! post said, in part:
Brean Murray researches the software firm CDSS, also in the top 10 RYTVX portfolio (2.4% on 11/30/04).
Today CDSS is down 43% ($1.84) on lowered guidance and a Brean downgrade, released today. Volume picked up yesterday, just before the close.
So, oddly one of the stocks that Michael Perica and Jonathan Cohen both seemed to like was down considerably. This was followed later that same day with another post from stats_for_all indicating that the closing price for RYTVX only made sense if Cohen had been lucky enough to sell CDSS before the downgrades had tanked the shareprice
Well, it turns out that by the end of December, they had liquidated a 220,000 share holding in CDSS. That Jonathan sure knows how to time his trades.
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This site Copyright (c) 2005 by Tim Rushing. Unless otherwise noted, the material may be distributed only subject to the terms and conditions set forth in the Open Publication License, v1.0 or later (the latest version is presently available at http://www.opencontent.org/openpub/). Distribution of substantively modified versions of this document is prohibited without the explicit permission of the copyright holder
I can be contacted at sco_ravings@threenorth.com.
looks that way to me folks.
night shift punched in i see. em
could be right. em
this whole process has been done
for the shorts to be made to cover. they might
know that and they might be short is all im saying.
I don't know what to think of
these brokers wanting to be so helpful
all of a sudden? Is this a strategy for them
to do everything they can for you/us and then say
"Oh well, we tried for you, those shares were ruled Nule &
Void"... Be wary of those wanting to help you after they didn't.
just thinkin out loud.
SMMWrocks, my response was signed for..
on 4-26 and nothing yet. i called (405-713-1705)
the lady who enters the info into the computer
and she stated that some had ended-up in another area
for some reason? lol Asked me to call her this afternoon
if I don't show up as responding on the website by 1:00P.
hope this helps.
i have a better idea of
whats going on here than
you, believe me.
and I find them ignored em
exactly right realwood em
its all good. em
standard templet & certified mail to
both court & Holbrook? guess i need to
dig around and see whats-up?
it pains me to read his name lol.
texbanker-what brokerage firm did
you use to purchase your bcit shares?
i used etrade and thus far have no problem
with the process we're going through.
my response was recieved by the court
on the 26th and im still not on the court
website under responses? anyone else? tia
legalegaltx...
there's a guy out here that has such
bad credit, people won't take is CASH! lol
have a great day all ; )
this judge will follow the
lead of the legislature imo. okc
is a small conservative town. and
yes this judge is in politics. just
look at his resume lol. imo etc..
when this trades, these thieves
will have to cover. the ftd is addressed
in this suit, the backdoor.
the naked shorting was possibly as high as what?
100 times the float? more? okc is going to make an example
out of these naked shorting thieves. the timing
couldn't be better for this judgement imo.
Arkait...
if individually i/we get a letter from BCIT and or the
Court asking that i/we give up our invalid shares
(im looking at 6 figures at .15) then that's where
i draw the line in the sand.
Do I trust Etrade to honor my now legally invalidated
shares? NO WAY!
If ALL of our shares bought through brokers were to
be invalidated? Now thats a different story. imo
etrade told me i had 205's
and we entered it as an exhibit on the
response. is it because i have a cash
account? remember those discussions on
cash accounts? i believe thats where i/we
got them over a barrel.
imo the next decision
for me/us will be obvious AFTER
the judge makes his decision.
at this point i don't have a problem
with the process.
if i could take etrade
to court in my little east texas county
they'd be yelling UNCLE.
i imagine everything would have
to go through okc or nyc jurisdiction.
my prediction is the okc judge narrative
will be enough to get this trading. okc
is the epicenter for legislative ftd
outrage. judicial to follow that lead. imo.
this pamela thompson
info ending up in the hands of the SEC
is priceless. the gang that couldn't
shoot straight. geez
thanks 500, its all good folks em
comic relief:
Posted by: karbin12
In reply to: RDG013 who wrote msg# 73167 Date:4/30/2007 11:07:31 PM
Post #of 73331
Megas owns that law firm....lol
He will sue the brokers for us....
after he finishes suing us...
..............
If your mechanic charges
more than your attorney,
you might be a redneck. lol have a good day all.
lmao that was funny man lol
well, the reason the insurance
companies try and mandate arbitration
in states is because they have a
hard time winning in the court rooms
of America.
Does this attorney arbitrate cases
for wallstreet? I'd bet a dollar to
a donut that he's ALL FOR ARBITRATION (duh)
as is wallstreet. Trials GOOD Arbitration BAD imho.
if your mechanic charges
more than your attorney
you might be a redneck : )
its a kind jester...
of Amnesty by the BCIT attorneys to
these that hold ILLEGAL shares
in certificate form OR were sent to their
brokerage account/s. These people know exactly
who they are (there's no guess work lol) and
so does the BCIT attorneys. imo etc..
am·nes·ty
–noun 1. a general pardon for offenses, esp. political offenses, against a government, often granted before any trial or conviction.
squealing like stuck pigs because..
they have to proove they own real shares? hmm
as a real shareholder i have to question
their motives here. imo etc..
nervous nellys, suck it up! geez em
TM is putting a thumpin on these shorts...
these institutional theives have their prostitutes
posting here 24/7 lol. If this shorting/cover-up
doesn't fall under the Rico Act statute wtf does?
Bet the brokers wished they had the DTC release
this for trading waaaay back in '05. VENGENCE IS
OURS! imo etc..
big week, the 10k (finally) and
most of the shareholders responses
recieved in OKC. alot clearer by fri. imo etc..