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Barry Minkow and Lennar Corp.
Anonymous
Posted: Saturday, August 13, 2011

Posted: 11/10/2010 7:24:54 AM

By: David Marchant

That Barry Minkow has any ability to move a share price is remarkable, in my opinion.

Why on earth anyone would make an investment decision based on anything he says or does is a mystery to me.

Fraud conviction, cloaks himself in religion ... how many more red flags does the investing public need?


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 11/10/2010 6:30:01 AM

By: Hunter

Link to article on Barry Minkow and his dealings with Lennar Corp.

http://blogs.laweekly.com/informer/2010/11/barry_minkow_lennar_scam.php

According to article, Minkow was paid by a client for report trashing Lennar, called Lennar a "financial crime in progress", took short positions on stock, and later took a long position in the stock after investors fled stock.

I'm just wondering if he took a long position because a company that he thinks is a "financial crime in progress" has a lot of potential on Wall Street??

Funny behavior for a pastor if you ask me.


Anonymous
Posted: Saturday, August 13, 2011

Posted: 11/10/2010 11:23:06 AM

By: Manipulation is a crime

Other investors could and should sue also.


 

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