He said at first he really believed something good was going to happen in the stocks,
This whole thing blew up when Paul Applebaum, then at MH Meyerson, was caught on tape stating the PCBM float was 2 Billion and Surfit was screwing Everyone. Even called Ed by his message board alias.
That tape is why the Washington D.C. branch opened the PCBM investigation. The PCBM trade confirmation slips are what led to the quick halt. LoCastro tried to burn the share ledger the same day he received a S.E.C. subpoena for records. Literally same afternoon.
It was Lawrence Renbaum who introduced a couple of us to Leslie Hakala about 6 months before anyone knew her name.
Ed was balls deep in the pump and dump. He even once tried to call and threaten me...and my last words to him and Treffry were "Leslie Hakala is going to crush you two clowns".
Mr. Tough Guy had to change his tone once his home address was posted on Raging Bull...and someone posted a picture of him sitting outside a Santa Monica café.
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