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Sunday, November 19, 2006 11:11:05 AM
David Blech. The name might not be familiar to any here. He is the driving force behind XKEM. In the late 90's he and his company drove 15 Billion....that is with a B....companies into the ground and made an incredible amount of money. In the process of screwing companies...8 people actually DIED as a result of his scamming a large university cancer research center there. It is all in the Seattle Times. Got busted by SEC, transfered much of his bucks off shore and to his then, girlfriend.....later his wife....and got fined 250K and probation. That's IT!!!! Then...when his probation ended he magically appears as the "arm length" funding source for XKEM. He and his wife and their friends OWN that company. THAT was my first major insight into how tight the SEC is with the major banks and major brokerage firms.
Good luck to you mate.
Invest in yourself first and the rest will follow. The universe is ultimate hedge fund.
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