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Follow on Google News | Shareholders Scammed by financialsYes, it is crazy times. I use to think that this kind of scam, where investors are cheated to the level of Fannie or WAMU only happens in developing countries or in communist countries. I was wrong, whole investor base is being scammed
By: media-ccf What happened to the liquidity of these banks. Investor relations were telling that they have enough liquidity and on one weekend, everything got sold to Citi Bank. Chase or bank of America. What happened to Wachovia, and WAMU is classic case where investor , common shareholders, are being treated in the worst manner possible. They got crushed and investor relations of these companies did a poor job. Robin Trehan, added what kind of game is this. The CEO and management took a hefty payout and kicked the common shareholder. Common Shareholders, are not speculators, they had their savings in the companies. They wanted to invest in the process and make some money for their career, education, retirement, for kids education. Robin Trehan, said, why to have a bailout now, are they going to bailout the homeowners, common stockholders, property owners, small businesses or this is for selective few? # # # Investment banking for mid market Mergers & Acquisition Specialists. Credit Capital Funding is an alternative asset management and advisory firm with a focus on equity investments in middle-market companies and real estate that hold significant opportunities to create value. End
Page Updated Last on: Sep 30, 2008
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