2 Bay Area men, running Pleasanton companies, charged with $80M Ponzi scheme State, National, International, posted by Editor, Pleasanton Weekly Online, on Jun 10, 2009 at 3:50 pm
The San Francisco bureau of the Securities and Exchange Commission has filed a complaint against the operators of two Pleasanton companies with an $80-million Ponzi scheme.
Read the full story here Web Link posted Tuesday, June 9, 2009, 3:37 PM
Posted by Dave, a resident of the Vineyard Hills neighborhood, on Jun 10, 2009 at 3:50 pm
California Republicans Anthony Vassallo and Kenneth Kenitzer, loved the freedom from financial regulation the Bush Regime afforded them that they donated generously to the RNC and NRCC and to their favorite candidate, Mitt Romney... all the while conducting a ponzi scheme much like Madoff's only smaller. They only ripped off $40 million dollars. I wonder if Romney will return the money they gave him.
Posted by Pleasanton resident, a resident of the Another Pleasanton neighborhood neighborhood, on Jun 11, 2009 at 11:44 am
Yes, only Republicans are greedy. Our local Democrats, namely our senators and congressional speaker don't make a dime off the trillions in pork we taxpayers have to foot the bill for. And we could spend all day on Fannie Mae and the hundreds of millions in bonuses to Democrats like Gorelick and Raines...and how much are the taxpayers footing the bill for that mess?
The ignorance of Dave and Forest are what happens in a society where the media and education system parrot the values and beliefs of the Democratic party. A healthy democracy (and republic, which is what we are) depends on an informed public to operate well, and judging from the current state of economic affairs, we obviously fail in this area.
Posted by Forest, a resident of the Foothill Farms neighborhood, on Jun 11, 2009 at 12:18 pm
Pleasanton resident,
Lay off all the Republican talking points. Lets not forget all this mess started during the Bush Era. The ignorance of "Pleasanton resident" is what happens when you listen to Fox News and AM Radio all day. Have fun in your little Rush Limbaugh World.