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Re: JLS post# 42417

Wednesday, 05/04/2016 11:16:16 AM

Wednesday, May 04, 2016 11:16:16 AM

Post# of 42458
Trading Baloney Sausage: "Dennis managed pools of capital for others in the markets for a while, but withdrew from such management in the spring of 1988 after his clients suffered heavy losses. In the Black Monday stock market crash of 1987, he reportedly lost $10 million,[8] with a total of $50 million reportedly lost in 1987–1988.[2] In 1990 his firm settled investor complaints of his failure to follow his own rules, for over $2.5 million, without admitting or denying any wrongdoing.[9] He also managed funds for some time in the mid and late 1990s, closing these operations after losses in the summer of 2000."

https://en.wikipedia.org/wiki/Richard_Dennis

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