Thursday, January 21. 2010Wow. Just.. Wow.Three and a half years ago, I posted a quick little rant about some pump 'n' dump website operator named Nicholas A. Czuczko. Today, this supergenius emails me a DMCA pre-takedown: To whom this will concern: Removal Request - Copyright & Trademark Infringement Take-Down Request Wow. Just.. Wow. Nicholas, although this was a friendly rant, I am advising you that I will mock your full SEC complaint [PDF] and that even a toothless Bush-era commission ordered you to disgorge $1,552,463 in ill-gotten gains, probably if I find the time, but especially if you file an actual 'take-down notice' in something like a timely manner. Thank you for being such a lackwit. Your email buffoonery just made my day. If you'd like a beer some time, give me a call. But you're buying. Oh, and speaking of copyright: photo by Alaskan Dude under Creative Commons license. Update: looks like our intrepid idiot has been peppering the interwebs with this bogus boilerplate. I do not know if that would be the case here if Czuczko were to issue a DMCA takedown notice, but anyone who has considered issuing a DMCA takedown notice should consider whether this might apply to them. I suggest that the interested reader see the decision in Online Policy Group v. Diebold, Inc. [PDF], 337 F.Supp.2d 1195 (N.D. Cal. 2004). An open letter to Nicholas Czuczko Mr. Goode not only provides links to the SEC complaint, but also to the unopposed summary judgment against him [PDF, cf also this link to same]. Is Czuczko trying to raise the Google rank of pages pointing to his misdeeds, or is he just stupid? But I repeat myself. Friday, November 6. 2009Stephen Colbert's viewStephen Colbert's view, Matteo Pericoli 2008 Stephen Colbert’s bleak view made me laugh. And he taps into many a city-dweller’s paranoia: “Because my studio is directly across from a windowless telecommunications skyscraper whose peak bristles with microwave transmitters, when I think of my view mostly I think about cancer, so I try not to think about it at all.” Paul Goldberger, Slide Show: A Room With a View Friday, October 30. 2009Total Rental and Homeowner Vacancy Rate![]() Rental and Homeowner Vacancy Rates for the United States, 1965-2009 Friday, October 2. 2009More ugliness![]() Civilian Employment-Population Ratio, Monthly, Percent, Seasonally Adjusted, 1970-2009 The civilian labor force participation rate declined by 0.3 percentage point in September to 65.2 percent. The employment-population ratio, at 58.8 percent, also declined over the month and has decreased by 3.9 percentage points since the recession began in December 2007. Employment Situation News Release I'll update the pure ugliness chart later today if I can stomach it. Thursday, August 13. 2009I don't think it ever wasn't fraudThe SEC alleges that DiPascali, who resides in Bridgewater, N.J., sustained Madoff's unprecedented fraud from at least the 1980s until the scheme's collapse, causing billions of dollars in investor losses. A specific computer was used to simulate phantom trading in advisory accounts, and to generate phony books and records reflecting that trading. This fake set of books and records was kept separate and distinct from the books and records for the market-making and proprietary trading operation at Bernard L. Madoff Investment Securities LLC (BMIS). When investors sent in funds to BMIS for investment, the funds were deposited or wired into a bank account at JPMorgan Chase that was not in any way reflected on the books and records (including the ledger) of the BMIS broker-dealer operation. SEC Charges Key Madoff Lieutenant For Operating And Concealing Fraud Through Bogus Trades And Documents Or as I mooted a little while back, Me, I don't think it ever wasn't fraud. Bernie may even have fooled himself for a while, but the more I hear, the more through-the-looking-glass I feel. I think he got killed because he set up a Ponzi scheme. Bernie's histogram #1.1.1.1 It's not like our intrepid college dropout didn't have a nice run while it lasted, though. The SEC further alleges that DiPascali misappropriated investor funds for personal gain, setting up an account at BMIS for himself in 2002 that he named after his fishing yacht, Dorothy Jo. DiPascali withdrew more than $5 million from the account between 2002 and 2008 to fund personal expenses, including the purchase of a new boat. DiPascali's withdrawals were funded directly from money deposited by investors with BMIS. Investor money being used to fund the overall operations of BMIS also contributed to the more than $2 million in salary and bonus that DiPascali received each year. SEC Charges Key Madoff Lieutenant For Operating And Concealing Fraud Through Bogus Trades And Documents Whew. Punk rock.
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