"" The SEC Indictment and Conviction of Marc S. Dreier as it relates to Proskauer, comes from the connection to Patent Attorney Raymond A. Joao.
Joao initially introduced to Iviewit as a Proskauer partner by Wheeler, along with Rubenstein, when they were actually with Meltzer at that time.
Once investors in Iviewit learned Rubenstein and Joao were not with Proskauer as represented, Proskauer partner Christopher C. Wheeler (“Wheeler”) claimed they were transferring to Proskauer shortly.
Rubenstein then transferred almost overnight and Joao was to follow after he finished work at Meltzer but since he was actually writing the patent applications under Rubenstein’s direction for Iviewit, Iviewit had to take an additional retainer to Proskauer’s with Meltzer until Joao transferred.
However, Joao never transferred to Proskauer Rose and during his first year of work for Iviewit, it was discovered that Joao allegedly was not filing timely and correct patent applications and patenting inventions in his own name.
Joao now under ongoing investigation at the US Patent Office and FBI, ordered for by the First Dept and yet to be completed and more. Wheeler then claimed that Proskauer was beginning an investigation of Joao, ironically, and ignoring the conflicts this presented, as Joao was Proskauer, Wheeler and Rubenstein’s referral.
Christopher Wheeler then suggested his good friend William Dick (“Dick”) of Foley to replace Joao for filing the patents and reviewing Joao’s work, continuing under Rubenstein’s oversight, as described in the Wachovia Private Placement already exhibited herein.
What Christopher Wheeler failed to disclose to Iviewit is that Dick had been involved immediately prior to being retained by Iviewit, with both Wheeler and another Proskauer/Wheeler referral to Iviewit, Brian G. Utley, formerly employed by IBM and working with Dick, Utley then becoming President of Iviewit, in another allegedly failed Intellectual Property theft.
The prior attempted Intellectual Property heist was against another Florida businessperson, Philanthropist Monte Friedkin of Diamond Turf Equipment Co. and whereby all those addressed herein should take note of the Prior History of these alleged patent thieves, clearly indicating that this is an organized and repeated crime against inventors.
The SEC should note that Wheeler presented a falsified resume for his friend Utley to Iviewit that not only failed to disclose the attempted theft but also failed to disclose, and in fact materially falsified Utley’s resume concealing the facts by claiming Utley left the company Diamond Turf a success due to his innovations.
Factually, the attempted IP theft, according to Friedkin, led to the firing of Utley by Friedkin and Friedkin’s immediately closing the business and taking a multimillion-dollar loss directly due to the scheme perpetrated by Utley, Dick and Wheeler. Dick also failed to disclose this fact when joining Iviewit.
In both Utley and Wheeler’s depositions, already exhibited herein, both Utley and Wheeler contradict each other’s statements when confronted with the Friedkin information and Dick in his Virginia Bar Response to a complaint filed against him further contradicts both Wheeler and Utley regarding the Friedkin events. Supplementary evidence confirming these claims can be found on the Iviewit homepage at www.iviewit.tv .
When Dick replaced Joao, the press reported that Joao claimed he now had 90+ patents in his own name, many allegedly directly lifted from Iviewit.
Joao then joined the Marc S. Dreier law firm of Dreier & Baritz. This new information should be cause for the SEC to reanalyze the entire Dreier Ponzi Scheme in light of this new evidence, and in fact, the monies of the Dreier Ponzi allegedly directly relate to royalties from sales and licensing of Joao’s stolen Intellectual Properties.
The Dreier Ponzi is alleged to be another money-laundering scheme concocted by the Defendants in my Federal RICO and ANTITRUST lawsuit.
The SEC should also cease distribution of assets in the Dreier Ponzi, especially where the Trustee appears conflicted with Proskauer and again the court actions may be further attempts by these all too clever law firms to abscond with funds in further illegal legal actions and Fraud on the Court. ""
Where is the SEC and Mary Schapiro In All This ?
Click Here for Full SEC Complaint by Iviewit Technologies, Eliot I. Bernstein.
posted here by
investigative Blogger
Crystal L. Cox
Industry Whistleblower - Pattern and History, Time for a Federal RICO Lawsuit - Crystal@CrystalCox.com
Showing posts with label Mary Shapiro. Show all posts
Showing posts with label Mary Shapiro. Show all posts
Saturday, February 13, 2010
Eric Levine, Proskauer Rose Attorney, Is Eric Levine or Proskauer Rose in a Position to Affect SEC Actions or Stop SEC Complaints from being Investigated?
Possibly the SEC is Ignoring Shareholder Fraud because Mary Schapiro was a Known Risk?
Was that the Intention of her Appointment?
I cannot Figure out why the SEC and Mary Schapiro is Ignoring the Trillion Dollar Iviewit Stolen Patent Case unless maybe they are in on it. And it looks like from the Article Below that the Obama Administration KNEW that Mary Schapiro was a KNOWN risk... was that the Intention of Mary Schapiro for the JOB ?
Boy if I was a Billionaire Investor I WOULD have to Say
Something is VERY Wrong at the SEC and I better Get to
Reading the REAL news on Investigative Blogs.... and then
the Powers that Be need to SAY...
Sorry.... Nothing Personall... Just Business
Mary Schapiro YOUR Fired !!!!
Securities and Exchange Commission - News Archives
"" [The Financial Meltdown]
President-elect Barack Obama's choice of Mary Schapiro as Chairman of the Securities and Exchange Commission may go down as his worst appointment.
Schapiro, in her capacity as President of NASD Regulation and later CEO of Financial Industry Regulatory Authority (FINRA), was directly responsible for ensuring that Bernie Madoff's firm, BLM Securities, obeyed federal securities laws.
Schapiro in her capacity as Commissioner and acting-Chairman of the Securities and Exchange Commission and later as President of NASD Regulation, has covered up more violations of federal securities law than Madoff has violated.
And yes, Bernie Madoff pulled off his scam when Schapiro was President of NASD Regulation and Chairperson of FINRA, which regulates NASD!
Schapiro never investigated Madoff, probably because Madoff was a powerful individual, a former Chairman of NASD.
I’m privy to this information because I was a trader on Wall Street many years ago. Beginning in 1991 I had written to Steven Lister, Senior Vice President of Compliance at the American Stock Exchange (AMEX).
I requested that, as a former member of the American Stock Exchange, I be granted access to my records.
The American Stock Exchange never replied.
Whenever I saw Lister, I asked him when he would grant me access to my records, Lister would simply state: "No."mary schapiro
Little background. Members of the board of AMEX had told other members that I had been evicted from AMEX for refusing to pass through a metal detector; in reality I had exposed the fact that another member of the Board had been apprehended with an unregistered pistol after he went through metal detectors at AMEX. I wanted to see whether the false information about me was in my AMEX files.
On July 26, 1993, I wrote to Mary Schapiro and requested that the Securities and Exchange Commission order the American Stock Exchange to permit me access to my files after Lister again refused to grant me access to my records. Of course this is a violation of federal securities laws, but that did not matter to Schapiro.
And SEC attorney, GayLa D. Sessoms, in a letter dated August 23, 1993 claimed "the Commission does not have the authority to compel the AMEX to produce records to you."
Schapiro knew that AMEX was a hotbed
of illegal activity by the Italian Mafia-but Schapiro
always looked to greener pastures.
I did not expect this lack of support from Schapiro. After all, I executed orders for Frost & Sullivan, a trading firm, on the floor of the AMEX.
When the inside trading scandal in Motel 6 was exposed –a foreign company was planning to bid on Motel 6, which was a nationwide chain of budget motels, but the information leaked and Frost and Sullivan traded illegally on it— I was investigated by the SEC.
I was the only individual who was connected to the three firms involved in this insider trading scandal that did not trade on Motel 6 insider information and thereby profit illegally. I was also the only individual who possessed knowledge of the extent of the insider trading in Motel 6 who was not subpoenaed by the SEC.
Why? Because according to Joseph Greenwald, a trader with another firm, who pleaded guilty to insider trading in Motel 6, James Breeden, at the time Chairman of the SEC, and Mary Schapiro, who was then an SEC Commissioner, had ordered the SEC to limit the scope of the investigation. The intent was to protect senior members of the AMEX and Bear Stearns who had knowledge of the Motel 6 insider information.
On September 13, 1993 I met with Assistant United States Attorney Frances Fragos (who later, as Frances Fragos-Townsend was to become George W. Bush’s Homeland Security adviser) at 1 Saint Andrew Plaza, in Manhattan, to discuss the Italian Mafia's penetration of the AMEX; the insider trading scandal in Motel 6; payoffs to AMEX Compliance Attorneys by the Italian Mafia; payoffs by the Italian Mafia to members of the Board of the American Stock Exchange; the theft of $500,000 by a vice president of the AMEX; the stock fraud at a company named PNF; involvement of members of the Board of the AMEX in the stock fraud at PNF; and, a host of other crimes.
I had first approached the FBI to expose these crimes and the agency then arranged for me to meet with Frances Fragos.
(When I showed Fragos the letter from Sessoms, she told me that Sessoms had lied and that in fact the SEC had the authority to order the AMEX to grant me access to my records.
I was convinced that the SEC and AMEX knew that once I obtained my records, I could have forced investigations that would have exposed other major crimes; yet I needed my records as a launching point).
Of course the SEC had powers over the AMEX.
For example, in 1977 the AMEX gave mild disciplinary sanctions against about 20 members for posting fictitious options trades.
The SEC overruled the AMEX disciplinary actions and suspended the 20 or so members of the AMEX involved in this fraud, including future members of the Board of the AMEX, such as William Silver, Louis Miceli, and Robert VanCaneghan..
In 1995 when Schapiro was a Commissioner of the Securities and Exchange Commission, a huge illegal trading scandal erupted at the AMEX.
Pat Schettino, a rogue trader and managing director of Spear Leeds and Kellogg, falsified trades; marked options positions; produced fictitious trading records; stole money from AMEX members; violated the net capital rule (the type of offense for which Ivan Boesky later went to prison); and, even entered trades at fictitious prices.
When I wrote numerous letters to the SEC and members of the Board of the AMEX about Schettino's illegal trading, he hired Eric Levine, an attorney at Proskauer Rose and sued me for defamation.
The SEC did nothing; even after I had written to the SEC, including Schapiro, about Schettino's massive illegal trading.
By taking no action, the SEC countenanced Schettino's actions against me. The AMEX delayed investigating Schettino for years. Two attorneys for the AMEX, Steven Lister and Phil Axelrod, who were supposed to be investigating Schettino even taunted me about Schettino's defamation lawsuit and told me that they hoped that I would lose.
In 1998 NASD purchased the American Stock Exchange. At the time Schapiro was President of NASD Regulation, which was technically overseeing AMEX regulation.
Then in 1999 when Schapiro was President of NASD Regulation, major violations of federal securities laws at the AMEX were exposed in a seminal article, "Scandal On Wall Street," on the front page of Business Week and it was noted that Schettino had not been disciplined four years after he had violated federal securities laws. Schettino subsequently dropped his lawsuit against me.
Schapiro did nothing, but covered up these crimes. And what has all this have to do with Bernard Madoff, the Ponzi King? Madoff, like Schettino, had also produced fictitious trading records; falsified trades; and. stolen money.
Where was Schapiro, the nominal overseer of Madoff?
Now she is to become Chairman of the Securities and Exchange Commission?
(Schapiro did not return a phone message seeking comment; her aide said she was meeting with President Elect Obama in Chicago). ""
Source of Post
http://blackstarnews.com/?c=135&a=5221
Question: Mary Schapiro KNOWS of the Iviewit Technologies Inc. and is very aware according to what I have read.. about the implications to Shareholders that will be Billions upon Billions per Company in my Opinion. So when the SEC and Mary Shapiro Says she did not have prior Knowledge on the iViewit Scandal and all the Major Law Firms and Tech Companies involved.. ...
You Savvy Internet Investigators
will KNOW that she most Certainly DID...
How Come our Great Country is paying no attention to what seems in the above article to be decades of indescretions leading to Billions upon Billions and the Shareholders, Investors Seem to be the Ones to Take the Heat.. and Not Only is Mary Schapiro NEVER held Accountable, She is Constantly put back into some authoritative position that allows for the Same Over Looking of Tips - Not Looking into Facts and Creating or Shall I say ALLOWING huges Liabilities to Innocent Investors and Shareholders... ???
posted By
Crystal L. Cox
Industry Whistleblower
.... Got a Tip .. Email me at Crystal@CrystalCox.com
Investigative Blogger
Question: Does Proskauer Rose have Connections SO Deep in the SEC, in possibly Mary Schapiro that they can get away with a Trillion Dollar Patent Theft?
Click Here for More on Mary Schapiro
mary shapiro
Was that the Intention of her Appointment?
I cannot Figure out why the SEC and Mary Schapiro is Ignoring the Trillion Dollar Iviewit Stolen Patent Case unless maybe they are in on it. And it looks like from the Article Below that the Obama Administration KNEW that Mary Schapiro was a KNOWN risk... was that the Intention of Mary Schapiro for the JOB ?
Boy if I was a Billionaire Investor I WOULD have to Say
Something is VERY Wrong at the SEC and I better Get to
Reading the REAL news on Investigative Blogs.... and then
the Powers that Be need to SAY...
Sorry.... Nothing Personall... Just Business
Mary Schapiro YOUR Fired !!!!
Securities and Exchange Commission - News Archives
"" [The Financial Meltdown]
President-elect Barack Obama's choice of Mary Schapiro as Chairman of the Securities and Exchange Commission may go down as his worst appointment.
Schapiro, in her capacity as President of NASD Regulation and later CEO of Financial Industry Regulatory Authority (FINRA), was directly responsible for ensuring that Bernie Madoff's firm, BLM Securities, obeyed federal securities laws.
Schapiro in her capacity as Commissioner and acting-Chairman of the Securities and Exchange Commission and later as President of NASD Regulation, has covered up more violations of federal securities law than Madoff has violated.
And yes, Bernie Madoff pulled off his scam when Schapiro was President of NASD Regulation and Chairperson of FINRA, which regulates NASD!
Schapiro never investigated Madoff, probably because Madoff was a powerful individual, a former Chairman of NASD.
I’m privy to this information because I was a trader on Wall Street many years ago. Beginning in 1991 I had written to Steven Lister, Senior Vice President of Compliance at the American Stock Exchange (AMEX).
I requested that, as a former member of the American Stock Exchange, I be granted access to my records.
The American Stock Exchange never replied.
Whenever I saw Lister, I asked him when he would grant me access to my records, Lister would simply state: "No."mary schapiro
Little background. Members of the board of AMEX had told other members that I had been evicted from AMEX for refusing to pass through a metal detector; in reality I had exposed the fact that another member of the Board had been apprehended with an unregistered pistol after he went through metal detectors at AMEX. I wanted to see whether the false information about me was in my AMEX files.
On July 26, 1993, I wrote to Mary Schapiro and requested that the Securities and Exchange Commission order the American Stock Exchange to permit me access to my files after Lister again refused to grant me access to my records. Of course this is a violation of federal securities laws, but that did not matter to Schapiro.
And SEC attorney, GayLa D. Sessoms, in a letter dated August 23, 1993 claimed "the Commission does not have the authority to compel the AMEX to produce records to you."
Schapiro knew that AMEX was a hotbed
of illegal activity by the Italian Mafia-but Schapiro
always looked to greener pastures.
I did not expect this lack of support from Schapiro. After all, I executed orders for Frost & Sullivan, a trading firm, on the floor of the AMEX.
When the inside trading scandal in Motel 6 was exposed –a foreign company was planning to bid on Motel 6, which was a nationwide chain of budget motels, but the information leaked and Frost and Sullivan traded illegally on it— I was investigated by the SEC.
I was the only individual who was connected to the three firms involved in this insider trading scandal that did not trade on Motel 6 insider information and thereby profit illegally. I was also the only individual who possessed knowledge of the extent of the insider trading in Motel 6 who was not subpoenaed by the SEC.
Why? Because according to Joseph Greenwald, a trader with another firm, who pleaded guilty to insider trading in Motel 6, James Breeden, at the time Chairman of the SEC, and Mary Schapiro, who was then an SEC Commissioner, had ordered the SEC to limit the scope of the investigation. The intent was to protect senior members of the AMEX and Bear Stearns who had knowledge of the Motel 6 insider information.
On September 13, 1993 I met with Assistant United States Attorney Frances Fragos (who later, as Frances Fragos-Townsend was to become George W. Bush’s Homeland Security adviser) at 1 Saint Andrew Plaza, in Manhattan, to discuss the Italian Mafia's penetration of the AMEX; the insider trading scandal in Motel 6; payoffs to AMEX Compliance Attorneys by the Italian Mafia; payoffs by the Italian Mafia to members of the Board of the American Stock Exchange; the theft of $500,000 by a vice president of the AMEX; the stock fraud at a company named PNF; involvement of members of the Board of the AMEX in the stock fraud at PNF; and, a host of other crimes.
I had first approached the FBI to expose these crimes and the agency then arranged for me to meet with Frances Fragos.
(When I showed Fragos the letter from Sessoms, she told me that Sessoms had lied and that in fact the SEC had the authority to order the AMEX to grant me access to my records.
I was convinced that the SEC and AMEX knew that once I obtained my records, I could have forced investigations that would have exposed other major crimes; yet I needed my records as a launching point).
Of course the SEC had powers over the AMEX.
For example, in 1977 the AMEX gave mild disciplinary sanctions against about 20 members for posting fictitious options trades.
The SEC overruled the AMEX disciplinary actions and suspended the 20 or so members of the AMEX involved in this fraud, including future members of the Board of the AMEX, such as William Silver, Louis Miceli, and Robert VanCaneghan..
In 1995 when Schapiro was a Commissioner of the Securities and Exchange Commission, a huge illegal trading scandal erupted at the AMEX.
Pat Schettino, a rogue trader and managing director of Spear Leeds and Kellogg, falsified trades; marked options positions; produced fictitious trading records; stole money from AMEX members; violated the net capital rule (the type of offense for which Ivan Boesky later went to prison); and, even entered trades at fictitious prices.
When I wrote numerous letters to the SEC and members of the Board of the AMEX about Schettino's illegal trading, he hired Eric Levine, an attorney at Proskauer Rose and sued me for defamation.
The SEC did nothing; even after I had written to the SEC, including Schapiro, about Schettino's massive illegal trading.
By taking no action, the SEC countenanced Schettino's actions against me. The AMEX delayed investigating Schettino for years. Two attorneys for the AMEX, Steven Lister and Phil Axelrod, who were supposed to be investigating Schettino even taunted me about Schettino's defamation lawsuit and told me that they hoped that I would lose.
In 1998 NASD purchased the American Stock Exchange. At the time Schapiro was President of NASD Regulation, which was technically overseeing AMEX regulation.
Then in 1999 when Schapiro was President of NASD Regulation, major violations of federal securities laws at the AMEX were exposed in a seminal article, "Scandal On Wall Street," on the front page of Business Week and it was noted that Schettino had not been disciplined four years after he had violated federal securities laws. Schettino subsequently dropped his lawsuit against me.
Schapiro did nothing, but covered up these crimes. And what has all this have to do with Bernard Madoff, the Ponzi King? Madoff, like Schettino, had also produced fictitious trading records; falsified trades; and. stolen money.
Where was Schapiro, the nominal overseer of Madoff?
Now she is to become Chairman of the Securities and Exchange Commission?
(Schapiro did not return a phone message seeking comment; her aide said she was meeting with President Elect Obama in Chicago). ""
Source of Post
http://blackstarnews.com/?c=135&a=5221
Question: Mary Schapiro KNOWS of the Iviewit Technologies Inc. and is very aware according to what I have read.. about the implications to Shareholders that will be Billions upon Billions per Company in my Opinion. So when the SEC and Mary Shapiro Says she did not have prior Knowledge on the iViewit Scandal and all the Major Law Firms and Tech Companies involved.. ...
You Savvy Internet Investigators
will KNOW that she most Certainly DID...
How Come our Great Country is paying no attention to what seems in the above article to be decades of indescretions leading to Billions upon Billions and the Shareholders, Investors Seem to be the Ones to Take the Heat.. and Not Only is Mary Schapiro NEVER held Accountable, She is Constantly put back into some authoritative position that allows for the Same Over Looking of Tips - Not Looking into Facts and Creating or Shall I say ALLOWING huges Liabilities to Innocent Investors and Shareholders... ???
posted By
Crystal L. Cox
Industry Whistleblower
.... Got a Tip .. Email me at Crystal@CrystalCox.com
Investigative Blogger
Question: Does Proskauer Rose have Connections SO Deep in the SEC, in possibly Mary Schapiro that they can get away with a Trillion Dollar Patent Theft?
Click Here for More on Mary Schapiro
mary shapiro
Wednesday, February 10, 2010
Was Mary Shapiro, Mary Schapiro - SEC Chairman a KNOWN Risk to You Investors and Shareholders out THERE? Does anyone Care?
Securities and Exchange Commission - News Archives
"" [The Financial Meltdown]
President-elect Barack Obama's choice of Mary Schapiro as Chairman of the Securities and Exchange Commission may go down as his worst appointment.
Schapiro, in her capacity as President of NASD Regulation and later CEO of Financial Industry Regulatory Authority (FINRA), was directly responsible for ensuring that Bernie Madoff's firm, BLM Securities, obeyed federal securities laws.
Schapiro in her capacity as Commissioner and acting-Chairman of the Securities and Exchange Commission and later as President of NASD Regulation, has covered up more violations of federal securities law than Madoff has violated.
And yes, Bernie Madoff pulled off his scam when Schapiro was President of NASD Regulation and Chairperson of FINRA, which regulates NASD!
Schapiro never investigated Madoff, probably because Madoff was a powerful individual, a former Chairman of NASD.
I’m privy to this information because I was a trader on Wall Street many years ago. Beginning in 1991 I had written to Steven Lister, Senior Vice President of Compliance at the American Stock Exchange (AMEX).
I requested that, as a former member of the American Stock Exchange, I be granted access to my records.
The American Stock Exchange never replied.
Whenever I saw Lister, I asked him when he would grant me access to my records, Lister would simply state: "No."
Little background. Members of the board of AMEX had told other members that I had been evicted from AMEX for refusing to pass through a metal detector; in reality I had exposed the fact that another member of the Board had been apprehended with an unregistered pistol after he went through metal detectors at AMEX. I wanted to see whether the false information about me was in my AMEX files.
On July 26, 1993, I wrote to Mary Schapiro and requested that the Securities and Exchange Commission order the American Stock Exchange to permit me access to my files after Lister again refused to grant me access to my records. Of course this is a violation of federal securities laws, but that did not matter to Schapiro.
And SEC attorney, GayLa D. Sessoms, in a letter dated August 23, 1993 claimed "the Commission does not have the authority to compel the AMEX to produce records to you."
Schapiro knew that AMEX was a hotbed of illegal activity by the Italian Mafia-but Schapiro always looked to greener pastures.
I did not expect this lack of support from Schapiro. After all, I executed orders for Frost & Sullivan, a trading firm, on the floor of the AMEX.
When the inside trading scandal in Motel 6 was exposed –a foreign company was planning to bid on Motel 6, which was a nationwide chain of budget motels, but the information leaked and Frost & Sullivan traded illegally on it— I was investigated by the SEC.
I was the only individual who was connected to the three firms involved in this insider trading scandal that did not trade on Motel 6 insider information and thereby profit illegally. I was also the only individual who possessed knowledge of the extent of the insider trading in Motel 6 who was not subpoenaed by the SEC.
Why? Because according to Joseph Greenwald, a trader with another firm, who pleaded guilty to insider trading in Motel 6, James Breeden, at the time Chairman of the SEC, and Mary Schapiro, who was then an SEC Commissioner, had ordered the SEC to limit the scope of the investigation. The intent was to protect senior members of the AMEX and Bear Stearns who had knowledge of the Motel 6 insider information.
On September 13, 1993 I met with Assistant United States Attorney Frances Fragos (who later, as Frances Fragos-Townsend was to become George W. Bush’s Homeland Security adviser) at 1 Saint Andrew Plaza, in Manhattan, to discuss the Italian Mafia's penetration of the AMEX; the insider trading scandal in Motel 6; payoffs to AMEX Compliance Attorneys by the Italian Mafia; payoffs by the Italian Mafia to members of the Board of the American Stock Exchange; the theft of $500,000 by a vice president of the AMEX; the stock fraud at a company named PNF; involvement of members of the Board of the AMEX in the stock fraud at PNF; and, a host of other crimes.
I had first approached the FBI to expose these crimes and the agency then arranged for me to meet with Frances Fragos.
(When I showed Fragos the letter from Sessoms, she told me that Sessoms had lied and that in fact the SEC had the authority to order the AMEX to grant me access to my records.
I was convinced that the SEC and AMEX knew that once I obtained my records, I could have forced investigations that would have exposed other major crimes; yet I needed my records as a launching point).
Of course the SEC had powers over the AMEX.
For example, in 1977 the AMEX gave mild disciplinary sanctions against about 20 members for posting fictitious options trades.
The SEC overruled the AMEX disciplinary actions and suspended the 20 or so members of the AMEX involved in this fraud, including future members of the Board of the AMEX, such as William Silver, Louis Miceli, and Robert VanCaneghan..
In 1995 when Schapiro was a Commissioner of the Securities and Exchange Commission, a huge illegal trading scandal erupted at the AMEX.
Pat Schettino, a rogue trader and managing director of Spear Leeds and Kellogg, falsified trades; marked options positions; produced fictitious trading records; stole money from AMEX members; violated the net capital rule (the type of offense for which Ivan Boesky later went to prison); and, even entered trades at fictitious prices.
When I wrote numerous letters to the SEC and members of the Board of the AMEX about Schettino's illegal trading, he hired Eric Levine, an attorney at Proskauer Rose and sued me for defamation.
The SEC did nothing; even after I had written to the SEC, including Schapiro, about Schettino's massive illegal trading.
By taking no action, the SEC countenanced Schettino's actions against me. The AMEX delayed investigating Schettino for years. Two attorneys for the AMEX, Steven Lister and Phil Axelrod, who were supposed to be investigating Schettino even taunted me about Schettino's defamation lawsuit and told me that they hoped that I would lose.
In 1998 NASD purchased the American Stock Exchange. At the time Schapiro was President of NASD Regulation, which was technically overseeing AMEX regulation.
Then in 1999 when Schapiro was President of NASD Regulation, major violations of federal securities laws at the AMEX were exposed in a seminal article, "Scandal On Wall Street," on the front page of Business Week and it was noted that Schettino had not been disciplined four years after he had violated federal securities laws. Schettino subsequently dropped his lawsuit against me.
Schapiro did nothing, but covered up these crimes. And what has all this have to do with Bernard Madoff, the Ponzi King? Madoff, like Schettino, had also produced fictitious trading records; falsified trades; and. stolen money.
Where was Schapiro, the nominal overseer of Madoff?
Now she is to become Chairman of the Securities and Exchange Commission?
(Schapiro did not return a phone message seeking comment; her aide said she was meeting with President Elect Obama in Chicago). ""
Source of Post
http://blackstarnews.com/?c=135&a=5221
Question: Mary Shapiro KNOWS of the Iviewit Technologies Inc. and is very aware according to what I have read.. about the implications to Shareholders that will be Billions upon Billions per Company in my Opinion. So when the SEC and Mary Shapiro Says she did not have prior Knowledge on the iViewit Scandal and all the Major Law Firms and Tech Companies involved.. ...
You Savvy Internet Investigators
will KNOW that she most Certainly DID...
How Come our Great Country is paying no attention to what seems in the above article to be decades of indescretions leading to Billions upon Billions and the Shareholders, Investors Seem to be the Ones to Take the Heat.. and Not Only is Mary Schapiro NEVER held Accountable, She is Constantly put back into some authoritative position that allows for the Same Over Looking of Tips - Not Looking into Facts and Creating or Shall I say ALLOWING huges Liabilities to Innocent Investors and Shareholders... ???
posted By
Crystal L. Cox
Industry Whistleblower
.... Got a Tip .. Email me at Crystal@CrystalCox.com
Investigative Blogger
Question: Does Proskauer Rose have Connections SO Deep in the SEC, in possibly Mary Schapiro that they can get away with a Trillion Dollar Patent Theft?
"" [The Financial Meltdown]
President-elect Barack Obama's choice of Mary Schapiro as Chairman of the Securities and Exchange Commission may go down as his worst appointment.
Schapiro, in her capacity as President of NASD Regulation and later CEO of Financial Industry Regulatory Authority (FINRA), was directly responsible for ensuring that Bernie Madoff's firm, BLM Securities, obeyed federal securities laws.
Schapiro in her capacity as Commissioner and acting-Chairman of the Securities and Exchange Commission and later as President of NASD Regulation, has covered up more violations of federal securities law than Madoff has violated.
And yes, Bernie Madoff pulled off his scam when Schapiro was President of NASD Regulation and Chairperson of FINRA, which regulates NASD!
Schapiro never investigated Madoff, probably because Madoff was a powerful individual, a former Chairman of NASD.
I’m privy to this information because I was a trader on Wall Street many years ago. Beginning in 1991 I had written to Steven Lister, Senior Vice President of Compliance at the American Stock Exchange (AMEX).
I requested that, as a former member of the American Stock Exchange, I be granted access to my records.
The American Stock Exchange never replied.
Whenever I saw Lister, I asked him when he would grant me access to my records, Lister would simply state: "No."
Little background. Members of the board of AMEX had told other members that I had been evicted from AMEX for refusing to pass through a metal detector; in reality I had exposed the fact that another member of the Board had been apprehended with an unregistered pistol after he went through metal detectors at AMEX. I wanted to see whether the false information about me was in my AMEX files.
On July 26, 1993, I wrote to Mary Schapiro and requested that the Securities and Exchange Commission order the American Stock Exchange to permit me access to my files after Lister again refused to grant me access to my records. Of course this is a violation of federal securities laws, but that did not matter to Schapiro.
And SEC attorney, GayLa D. Sessoms, in a letter dated August 23, 1993 claimed "the Commission does not have the authority to compel the AMEX to produce records to you."
Schapiro knew that AMEX was a hotbed of illegal activity by the Italian Mafia-but Schapiro always looked to greener pastures.
I did not expect this lack of support from Schapiro. After all, I executed orders for Frost & Sullivan, a trading firm, on the floor of the AMEX.
When the inside trading scandal in Motel 6 was exposed –a foreign company was planning to bid on Motel 6, which was a nationwide chain of budget motels, but the information leaked and Frost & Sullivan traded illegally on it— I was investigated by the SEC.
I was the only individual who was connected to the three firms involved in this insider trading scandal that did not trade on Motel 6 insider information and thereby profit illegally. I was also the only individual who possessed knowledge of the extent of the insider trading in Motel 6 who was not subpoenaed by the SEC.
Why? Because according to Joseph Greenwald, a trader with another firm, who pleaded guilty to insider trading in Motel 6, James Breeden, at the time Chairman of the SEC, and Mary Schapiro, who was then an SEC Commissioner, had ordered the SEC to limit the scope of the investigation. The intent was to protect senior members of the AMEX and Bear Stearns who had knowledge of the Motel 6 insider information.
On September 13, 1993 I met with Assistant United States Attorney Frances Fragos (who later, as Frances Fragos-Townsend was to become George W. Bush’s Homeland Security adviser) at 1 Saint Andrew Plaza, in Manhattan, to discuss the Italian Mafia's penetration of the AMEX; the insider trading scandal in Motel 6; payoffs to AMEX Compliance Attorneys by the Italian Mafia; payoffs by the Italian Mafia to members of the Board of the American Stock Exchange; the theft of $500,000 by a vice president of the AMEX; the stock fraud at a company named PNF; involvement of members of the Board of the AMEX in the stock fraud at PNF; and, a host of other crimes.
I had first approached the FBI to expose these crimes and the agency then arranged for me to meet with Frances Fragos.
(When I showed Fragos the letter from Sessoms, she told me that Sessoms had lied and that in fact the SEC had the authority to order the AMEX to grant me access to my records.
I was convinced that the SEC and AMEX knew that once I obtained my records, I could have forced investigations that would have exposed other major crimes; yet I needed my records as a launching point).
Of course the SEC had powers over the AMEX.
For example, in 1977 the AMEX gave mild disciplinary sanctions against about 20 members for posting fictitious options trades.
The SEC overruled the AMEX disciplinary actions and suspended the 20 or so members of the AMEX involved in this fraud, including future members of the Board of the AMEX, such as William Silver, Louis Miceli, and Robert VanCaneghan..
In 1995 when Schapiro was a Commissioner of the Securities and Exchange Commission, a huge illegal trading scandal erupted at the AMEX.
Pat Schettino, a rogue trader and managing director of Spear Leeds and Kellogg, falsified trades; marked options positions; produced fictitious trading records; stole money from AMEX members; violated the net capital rule (the type of offense for which Ivan Boesky later went to prison); and, even entered trades at fictitious prices.
When I wrote numerous letters to the SEC and members of the Board of the AMEX about Schettino's illegal trading, he hired Eric Levine, an attorney at Proskauer Rose and sued me for defamation.
The SEC did nothing; even after I had written to the SEC, including Schapiro, about Schettino's massive illegal trading.
By taking no action, the SEC countenanced Schettino's actions against me. The AMEX delayed investigating Schettino for years. Two attorneys for the AMEX, Steven Lister and Phil Axelrod, who were supposed to be investigating Schettino even taunted me about Schettino's defamation lawsuit and told me that they hoped that I would lose.
In 1998 NASD purchased the American Stock Exchange. At the time Schapiro was President of NASD Regulation, which was technically overseeing AMEX regulation.
Then in 1999 when Schapiro was President of NASD Regulation, major violations of federal securities laws at the AMEX were exposed in a seminal article, "Scandal On Wall Street," on the front page of Business Week and it was noted that Schettino had not been disciplined four years after he had violated federal securities laws. Schettino subsequently dropped his lawsuit against me.
Schapiro did nothing, but covered up these crimes. And what has all this have to do with Bernard Madoff, the Ponzi King? Madoff, like Schettino, had also produced fictitious trading records; falsified trades; and. stolen money.
Where was Schapiro, the nominal overseer of Madoff?
Now she is to become Chairman of the Securities and Exchange Commission?
(Schapiro did not return a phone message seeking comment; her aide said she was meeting with President Elect Obama in Chicago). ""
Source of Post
http://blackstarnews.com/?c=135&a=5221
Question: Mary Shapiro KNOWS of the Iviewit Technologies Inc. and is very aware according to what I have read.. about the implications to Shareholders that will be Billions upon Billions per Company in my Opinion. So when the SEC and Mary Shapiro Says she did not have prior Knowledge on the iViewit Scandal and all the Major Law Firms and Tech Companies involved.. ...
You Savvy Internet Investigators
will KNOW that she most Certainly DID...
How Come our Great Country is paying no attention to what seems in the above article to be decades of indescretions leading to Billions upon Billions and the Shareholders, Investors Seem to be the Ones to Take the Heat.. and Not Only is Mary Schapiro NEVER held Accountable, She is Constantly put back into some authoritative position that allows for the Same Over Looking of Tips - Not Looking into Facts and Creating or Shall I say ALLOWING huges Liabilities to Innocent Investors and Shareholders... ???
posted By
Crystal L. Cox
Industry Whistleblower
.... Got a Tip .. Email me at Crystal@CrystalCox.com
Investigative Blogger
Question: Does Proskauer Rose have Connections SO Deep in the SEC, in possibly Mary Schapiro that they can get away with a Trillion Dollar Patent Theft?
Tuesday, February 9, 2010
Does Mary Shapiro SEC Boss, Know about the Iviewit Stolen Patent Case and Its HUGE Implications to Shareholders?
YOU Bet She Does...
How Will She Explain what She has Let Happen
in a Trillion Dollar Liability to Shareholders...???
It seems from Many documents at www.Iviewit.TV That Mary Shapiro of the SEC had knowledgle long ago about what Proskauer Rose was up to and yet .. what ?? the Standford affair is some NEW Shocker of a Story, yet Mary Shapiro had been given notice by Eliot Bernstein and the Iviewit Company years before the Billion Dollar Scandal hit the Main Stream Media.
Does Mary Shapiro or the SEC have ANY Liability to the Shareholders when they had advance knowledge of the Players and did nothing to prevent the Standford Affair?
$65 Billion in the Bernie Madoff Scheme is NOT all that Mary Shapiro and the SEC missed... What about the Standford Affair - Billions and Connected to Proskauer Rose. What About Enron and Proskauer Connections - and what about all the Players, Shareholder Fraud, and Liability that the Eliot Bernstein of the Iviewit Technologies Company has brought to Mary Shapiro and the SEC's Attention ?
What do they say, I just did not know or see this coming? So Sorry you Lost Billions - I had no Way of Knowing... well Crystal L. Cox, Investigative Blogger says.. "BULL, Mary Shapiro and the SEC knew" and they IGNORED leads, had no one seemingly watching websites, reading documents, scouring blogs or even looking into leads that led to BILLIONS of Innocent Investors losing their Money.
The SEC has no purpose that is really beneficial and in my Opinion is just as susceptible as being Bought Off as anyone other Corrupt Government Agent, Attorney, CEO or Judge" .
Won't it be Amusing when Warner Brothers, Intel Corp., Sony, AOL, and all those Billion Dollar Tech Companies go Belly up and take the Shareholders to Bankruptcy because of the Contracts they signed and did not fulfill with the Iviewit Technologies Company that puts them in Connection and at least in part Liable for a Trillion Dollar Liability that they SEEM to have overlooked on their Books with all their bragging of Profits this quarter... blah .. blah.. blah.. and what Does Mary Shapiro Say? Is she even Acknowledging any of it?
Won't it be Hysterically when the SEC, when Mary Shapiro says to the Warner Brothers, AOL, Intel Corp, Sony ... Shareholders that Gee I just didn't see that Trillion Dollar HIT Coming.. We had no warning.. other then the years of complaints filed from the Iviewit Technologies Company in Which I IGNORED.. gee Sorry..
It is not Personal, it is Business,
Mary Schapiro - YOUR FIRED !!!..
posted By Investigative Blogger
Crystal L. Cox...
Crystal Cox
More on the Obvious, Blatant Shareholder Fraud among tons of Major Tech Companies.. and the Iviewit Stolen Patent Story at www.DeniedPatent.com and at www.Iviewit.TV over a thousand documents of Proof So Far.
Mary Shapiro
Research Links on Mary Shapiro and her Knowledge of possible Shareholder Fraud in which, to me it looks like she did nothing, and well Billions upon Billions are lost by innocent Investors. And the Potention of Trillions More...
http://iviewit.tv/CompanyDocs/United%20States%20District%20Court%20Southern%20District%20NY/20090325%20SEC%20FAX%20Cover%20Page.pdf
http://www.trialbyblog.com/2010/01/eliot-i-bernstein-intel-corporation-sec.html
http://www.free-press-release.com/news-iviewit-trillion-fed-suit-defendant-proskauer-rose-sued-in-global-class-action-re-stanford-ponzi-1252249099.html
http://seekingalpha.com/user/478415/comments/highest-rated
http://www.stolenpatent.com/2010_01_01_archive.html
Gee Sorry ... NO One Brought it to My Attention: I just Did not See ANY sign of this COMING... What a Crock that Will BE..
Crystal Cox Blogger
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