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Re: ElderWolf post# 67167

Tuesday, 03/04/2008 3:26:27 PM

Tuesday, March 04, 2008 3:26:27 PM

Post# of 78729
In my opinion Ray is a cold hearted swindler... and there is a reason the SEC exists (despite their lack of enforcement at the low end of the market). If the SEC had enough time and money to treat the low end of the market with the same care as the upper end it's my opinion that far fewer people would have been injured in this so called investment and a handful of people would be giving up much of their current networth and spending time in jail.

To say that investors are responsible and Ray didn't cause anyone to be ruined is like saying the young adult (of age) woman who is convinced to take a ride home from bar with a rapist (who happens be dressed nicely, who speaks eloquently, and drives a nice car) and is assaulted is her fault. Sure, she made the decision, but I don't think anyone is going to say it's not the rapist's who cause the harm. Bad judgement is not a crime... it's unfortunate.

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