Evidence of Naked Short Selling? Hardly.
The tinfoil hat-wearing crew over at Deep Capture thinks they’ve finally demonstrated an actual case of Naked Short Selling damaging a company. (They’ve been asked repeatedly to prove that naked short selling has ever severely damaged a company, and have yet to produce proof that any such thing has happened.)
What they’ve instead demonstrated is what [...]
MLM Scheme, Mannatech, Pays Millions to Victims for Making False Claims of Cures and Health Benefits
News from Pyramid Scheme Alert:
Mannatech, a long time MLM company, member of the Direct Selling Association and publicly traded on the New York Stock Exchange, has agreed to pay millions of dollars to consumers who were deceived by its false health claims about its products. The state of Texas, where the scheme is based, charged [...]
Why I hate Intuit and Quickbooks
I hate Intuit, the makers of Quickbooks and Quicken software. The reason is simple: Instead of relying on value to sell their products, they use trickery, deceit, and strongarm tactics.
Any accounting professional who uses Quickbooks in their work knows what I’m going to say without even saying it. Each year, Quickbooks comes out with a [...]
What’s wrong with the U.S. healthcare system?
The problem with healthcare is not the “uninsured” or that people aren’t getting the care that they need. On the contrary, people are getting care whether they’re insured or not. They are getting some of the best care in the world.
But our system has evolved in a way that hurts us all. It’s evolved in [...]
Distributor failure rates in Amway (Quixtar)
Former high level Amway distributor Eric Scheibeler, author of Merchants of Deception, offers this perspective on the Amway “business” and whether it can really be considered a good opportunity:
Amway Global: Fact, Fiction or Business Opportunity Fraud?
Perhaps you have seen the television commercials for Amway global promoting that Amway operates in “50 different countries and helps [...]
