Laser Haas
10-21-2005, 07:58 PM
I come before your enlightened participants this day with a Plea!
As Mr. Cramer stated so succinctly the other night.
Enron shareholders and creditors got the shaft!
Kmart shareholders got the shaft!
Now eToys shareholders are getting the shaft!
Everyone thinks the new bankruptcy code this Oct 2005 is about credit card companies making it harder on the little guy.
While I agree that the ethic of pushing fiscal responsibility is noble and jurisprudent.
The real danger behind this new law the average citizen cannot readily see!
You can research online by key words "etoys" "conflict" "traub" "non disclosure" and more.
Myself (Laser Haas) and shareholders have been barking all over the place.
The Judge handed down and Opinion and an Order that basically allowed the "good ole boys" (the upper classman of attorney's and professionals) to receive more than $10 million in billings and after the Court stated that "yes they did wrong" "but there was no one harmed" she find them around $750,000.
The shareholders, evidently, are NO ONE!
For I had the private company sold to 2 different entities.
When they terminated my contract, they never, ONCE called either buyer.
For a new buyer could terminate Barry Gold.
The creditors were open to discussion to leave a cash reserve in the company (in exchange of the new stock issue guarantees) of several million dollars.
Instead the shareholders as those in Kmart and Enron will now get Zilch.
While the laws change to prosecute more than 10,000 of the common man for $60 million in assets they neglected to disclose.
(that is $6,000 per case math wise)
A man can do 10 years and suffer fines of $250,000 for not declaring his great grandmothers ring that the Trustee says is worth $6,000 (while at auction it could not bring $500)
Where we have eToys professionals who have bilked the public company, through admitted, under Oath subterfuge (that they say was inadvertently a mistake) for more than $10 million.
Martha Stewart did not go to jail for making an insider trade deal.
No one ever does, they always settle.
She went to jail for lying to a Federal Officer.
Here we have a case where the attorney for the Creditors, the Attorney for the Estate, allowed an against the law placement of a person they admit they paid, before he entered eToys, 4 payments of $30,000 each.
After he entered eToys he received payments of $40,000 per month.
And of course the attorney's did not have to pay him anymore.
But it gets better.
he received $40,000 per month (plus all expenses) for only 2 days work every 2 weeks.
that is $1000 per hour.
As CEO of the Etoys Estate his fiduciary duty was to the shareholders.
His employer, the company!
Instead he signed a Declaration to the Court, "Under Penalty of Perjury" that he negotiated a deal (the PLAN) of eToys with "good faith" "arms length" negotiations between Debtor and Creditor.
that is "good faith" "arms length" between Barry Gold and Paul Traub (the one who paid him $30,000 per month.
Plus Barry Gold worked with Jack Bush at Stage Stores
Jack Bush is a Bain Co EXec at Ideaforest.
Bain owns KB.
So Barry Gold, that is tied to Paul Traub negotiated the sale of eToys assets to KB.
We received $10 million for the sale of the BabyCenter.com name to Johnson and Johnson.
Certainly the eToys.com name was more valuable.
It started at $10 million.
It stopped at $3 million.
the only reason we got $3 million is I sensed a rat and bluffed them.
The shareholders get Zilch!
The lawyers, etc get Rich!
and if we do not UNITE, this new law allows Investment Bankers to NOT disclose their relationships.
The bleeding of us will only get worse.
I pray, plea and beg that you that have lost money join the eToy shareholders and I
To stop the white collar Racketeering that is done by the power and influence of Hedge Fund, big money players.
for everyone says it is not their problem.
I have been to the US Attorney,, multiple state AG's,,,
Lawrence Friedman of the US Trustee in Washington DC has resigned.
RR Donnelley and Goldman Sachs divested themselves of one another.
I have gone to the OIG, OGE, OPR, DOJ, the FBI and the Chief Federal Justice in Wilmington DE.
Traub Bonacquist & Fox hired a former Federal Justice out of NY.
Which made a settlement of only $750,000 with the US Trustee!
They have committed over 50 separate acts of False Oaths, Perjury, False Declarations, MisPrison, Conspiracy, Circumvention of USC Rule 327 (a), 101(14), 2016 and 2014.
With the first slam dunk case for prosecution of 18 USC 155 Scheme To Fix Fee's that is part of the Janet Reno Reform Act of 1994.
That act was specifically designed to stop the carving up of Estates outside the preview of the Court by professionals.
That act also mandated that the US Trustee is the Public Watchdog to make sure that equity (shareholders) get a fair shake.
8O :lol: :o :D :cry:
We can only stop it if we shareholders band together collectively and make ourselves heard.
What do you say?
As Mr. Cramer stated so succinctly the other night.
Enron shareholders and creditors got the shaft!
Kmart shareholders got the shaft!
Now eToys shareholders are getting the shaft!
Everyone thinks the new bankruptcy code this Oct 2005 is about credit card companies making it harder on the little guy.
While I agree that the ethic of pushing fiscal responsibility is noble and jurisprudent.
The real danger behind this new law the average citizen cannot readily see!
You can research online by key words "etoys" "conflict" "traub" "non disclosure" and more.
Myself (Laser Haas) and shareholders have been barking all over the place.
The Judge handed down and Opinion and an Order that basically allowed the "good ole boys" (the upper classman of attorney's and professionals) to receive more than $10 million in billings and after the Court stated that "yes they did wrong" "but there was no one harmed" she find them around $750,000.
The shareholders, evidently, are NO ONE!
For I had the private company sold to 2 different entities.
When they terminated my contract, they never, ONCE called either buyer.
For a new buyer could terminate Barry Gold.
The creditors were open to discussion to leave a cash reserve in the company (in exchange of the new stock issue guarantees) of several million dollars.
Instead the shareholders as those in Kmart and Enron will now get Zilch.
While the laws change to prosecute more than 10,000 of the common man for $60 million in assets they neglected to disclose.
(that is $6,000 per case math wise)
A man can do 10 years and suffer fines of $250,000 for not declaring his great grandmothers ring that the Trustee says is worth $6,000 (while at auction it could not bring $500)
Where we have eToys professionals who have bilked the public company, through admitted, under Oath subterfuge (that they say was inadvertently a mistake) for more than $10 million.
Martha Stewart did not go to jail for making an insider trade deal.
No one ever does, they always settle.
She went to jail for lying to a Federal Officer.
Here we have a case where the attorney for the Creditors, the Attorney for the Estate, allowed an against the law placement of a person they admit they paid, before he entered eToys, 4 payments of $30,000 each.
After he entered eToys he received payments of $40,000 per month.
And of course the attorney's did not have to pay him anymore.
But it gets better.
he received $40,000 per month (plus all expenses) for only 2 days work every 2 weeks.
that is $1000 per hour.
As CEO of the Etoys Estate his fiduciary duty was to the shareholders.
His employer, the company!
Instead he signed a Declaration to the Court, "Under Penalty of Perjury" that he negotiated a deal (the PLAN) of eToys with "good faith" "arms length" negotiations between Debtor and Creditor.
that is "good faith" "arms length" between Barry Gold and Paul Traub (the one who paid him $30,000 per month.
Plus Barry Gold worked with Jack Bush at Stage Stores
Jack Bush is a Bain Co EXec at Ideaforest.
Bain owns KB.
So Barry Gold, that is tied to Paul Traub negotiated the sale of eToys assets to KB.
We received $10 million for the sale of the BabyCenter.com name to Johnson and Johnson.
Certainly the eToys.com name was more valuable.
It started at $10 million.
It stopped at $3 million.
the only reason we got $3 million is I sensed a rat and bluffed them.
The shareholders get Zilch!
The lawyers, etc get Rich!
and if we do not UNITE, this new law allows Investment Bankers to NOT disclose their relationships.
The bleeding of us will only get worse.
I pray, plea and beg that you that have lost money join the eToy shareholders and I
To stop the white collar Racketeering that is done by the power and influence of Hedge Fund, big money players.
for everyone says it is not their problem.
I have been to the US Attorney,, multiple state AG's,,,
Lawrence Friedman of the US Trustee in Washington DC has resigned.
RR Donnelley and Goldman Sachs divested themselves of one another.
I have gone to the OIG, OGE, OPR, DOJ, the FBI and the Chief Federal Justice in Wilmington DE.
Traub Bonacquist & Fox hired a former Federal Justice out of NY.
Which made a settlement of only $750,000 with the US Trustee!
They have committed over 50 separate acts of False Oaths, Perjury, False Declarations, MisPrison, Conspiracy, Circumvention of USC Rule 327 (a), 101(14), 2016 and 2014.
With the first slam dunk case for prosecution of 18 USC 155 Scheme To Fix Fee's that is part of the Janet Reno Reform Act of 1994.
That act was specifically designed to stop the carving up of Estates outside the preview of the Court by professionals.
That act also mandated that the US Trustee is the Public Watchdog to make sure that equity (shareholders) get a fair shake.
8O :lol: :o :D :cry:
We can only stop it if we shareholders band together collectively and make ourselves heard.
What do you say?