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Old 05-28-2008, 01:56 PM
Rupert Pupkin Rupert Pupkin is offline
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Default Big Brown Owner Fined by NASD
Big Brown Owner, Fined by NASD, Plans $100 Million Hedge Fund
2008-05-28 14:15 (New York)

By David Evans

http://www.bloomberg.com/apps/news?p...IJ0&refer=home

May 28 (Bloomberg) -- Michael Iavarone, owner of Triple
Crown contender Big Brown, was fined, censured and suspended by
securities regulators for unauthorized trades in 1999.


PROVIDE LINKS.. NO FULL REPRINT OF COPYRIGHT MATERIALS PLEASE..
Last edited by Kasept : 05-28-2008 at 02:32 PM.
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  #2  
Old 05-28-2008, 02:02 PM
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  #3  
Old 05-28-2008, 02:05 PM
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Sightseek Sightseek is offline
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Quote:
Originally Posted by Coach Pants
Hossy had no part of this.
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Old 05-28-2008, 02:08 PM
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The Indomitable DrugS The Indomitable DrugS is offline
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Hossy rolls with LIEAH?
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Old 05-28-2008, 02:19 PM
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http://www.bloomberg.com/apps/news?p...IJ0&refer=home
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Old 05-28-2008, 02:24 PM
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Quiet Chris Quiet Chris is offline
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Here is the link. This stuff is hilarious. He is basically a guy like the guys in the movie boiler room. He cons people out of their retirement money.

My favorite line was

Iavarone said an imposter was responsible. ``There was no bad check ever written,'' he said. ``Somebody took out a marker in my name, illegally.''

http://www.bloomberg.com/apps/news?p...IJ0&refer=home
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Old 05-28-2008, 02:24 PM
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philcski philcski is offline
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Didn't I write about this yesterday???

http://www.derbytrail.com/forums/sho...1&postcount=27
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Old 05-28-2008, 02:34 PM
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Originally Posted by philcski
Didn't I write about this yesterday???

http://www.derbytrail.com/forums/sho...1&postcount=27

This guy is a real winner. I don't like the owner, trainer, or jockey. But the horse is still an incredible animal.

If this horse loses I will believe in the racing gods. If he wins it would be hard for me to believe the racing gods game a TC winner to this group.
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Old 05-28-2008, 02:39 PM
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He is as likable as Curlins owners...
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Old 05-28-2008, 02:44 PM
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Quote:
Originally Posted by jms62
He is as likable as Curlins owners...
Current or former?
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Old 05-28-2008, 02:45 PM
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Originally Posted by slotdirt
Current or former?
Probably the ones in jail.
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Old 05-28-2008, 02:47 PM
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Yes, I should have stipulated that.. The Phen Phen gang...
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Old 05-28-2008, 05:16 PM
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Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!
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Old 05-28-2008, 05:17 PM
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Quote:
Originally Posted by jwkniska
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!

Every single one?

Got any facts to back up this silliness?
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Old 05-28-2008, 05:50 PM
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LOL @ Pants. Bensonhurst every weekend.
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  #16  
Old 05-28-2008, 05:58 PM
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Quote:
Originally Posted by jwkniska
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!
This is pretty ridiculous ... are you in the industry?
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Old 05-28-2008, 06:00 PM
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Quote:
Originally Posted by blackthroatedwind
Every single one?

Got any facts to back up this silliness?
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
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Old 05-28-2008, 06:10 PM
freddymo freddymo is offline
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Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
This post is absolutely nuts.. Most hedge funds are run by brilliantly successful people who make their investors a very satisfactory return. Trust me if racing horses was 1/10 as straightforward and successful as MOST hedgefunds racing would be flourishing. The reason why Hedge fund investing is growing in popularity is because most (probably 75 to 80%) earn a profit each year.
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Old 05-28-2008, 06:16 PM
stonegossard stonegossard is offline
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Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.

You are an idiot.

It's kinda like saying all Irish are drunks ? A ridiculous assumption/generalization.


Name some of the funds you looked into?
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  #20  
Old 05-28-2008, 06:20 PM
-BT- -BT- is offline
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the more and more i read about this guy the less and less i like him
also, never been a fan of private sales either
but that horse can run
That photo reminds me of this (around the 2 minute mark)
http://www.youtube.com/watch?v=QRO3RJ9cYSo

-bt-
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