UPDATE 4pm: The NY Courts have now issued an official policy about their ‘One Judge’ for RMBS cases. Ironically on the same day I started asking questions about these private decision they are now public! Orignal Text Banks looking to judge shop in RMBS putback cases filed in New York State court are going to […]
ContinueChina Stock ZST Planned “Go Dark” Scheme to Cheat U.S. Investors
UPDATE 6-3-13: I reported for Growth Capitalist today that the firms who ZST went to for their ‘go dark’ plan in 2011 were Scorpion Capital and Global Hunter Securities. Original Text A wealthy businessman from New Canaan, CT is single handedly taking on a China company, ZST Digital, that gutted U.S. investors who bought into […]
ContinueHedgie T.Boone Pickens Son Fights Back: Counter Suit Says Dad Stole Money From Him
This story has been updated with the results of the anti-SLAAP hearing. See bottom of Story. The Texas oilman who sued his son for invasion of privacy after he wrote a tell-all blog about T.Boone Pickens parenting problems is now facing a counterclaim suit for millions. Michael Pickens filed a lengthy and detailed list of […]
ContinueThanks to Readers We Got an Upgrade
A few months back I asked readers to help fund an upgrade of this news publication so the stories could come to life in photos and text that was easier to read. Now thanks to your generous donations we have a new and improved place to see what I’m reporting on. The text and graphics […]
ContinueNew Canaan Police finally Arrest A Parent for Hosting Underage Drinking Bash
Update 5-13-13 12:30pm: The New Canaan police have finally released the name of the parent charged with a felony for delivery of alcohol to minors. It is Nils Erik Berg, age 56, of 501 Spring Water Lane. Apparently when the two arresting officers brought Berg into the station for processing someone in the NCPD decided […]
ContinueDoes a Material Weakness in New Canaan Financials Mean Problems for Muni Bond Investors?
New Canaan’s town council received an external audit management letter that warned of possible material miss-statements in the town’s financials. The management letter, sent to town council and obtained by this reporter, talks about police overtime booked as receivables instead of an expense, a finance director for the Board of Ed having unchecked spending on […]
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