Replies to post #162859 on Conversion Solutions Holdings (fka CSHD)

[mretgnol]

Thanks for posting that...that is a great synopsis from someone with a level head.

This is funny and comical TeamPlayer. Anyone who understands finance and working with bonds can tell you Rufus is full of crap. As for the EUROCLEAR bond looking like a cut and paste, that's very possible.

Real bankers require that all banking securities are confirmed by the sending bank with a MT-999 SWIFT. That's basically a free text email between banks during banking hours. This is one of the easiest ways to prove authenticity.

You have to be pretty dumb to claim your company "owns" a European Medium Term Note which was a bond owned by multiple investors. That's how clueless Rufus was.

You cannot claim ownership of a banking security without legally having that security blocked in your favor. Some sham piece of paper claiming a transfer of ownership does not count.

Some of the claims Rufus made are laughable. I can see why Alana and William find some of this stuff funny.

Look at the most recent claim by Griff. Trying to claim an index fund is money owned by Rufus. A simple phone call to DWS Investments Compliance Office, Robert Kloby, kills that fruitcake claim.

[janice shell]

The court proceedings were nothing more than the SEC attorneys standing around talking about the case to one another.

That's what happens when the defendants don't show up.