Re: Guess who is under SEC investigation - Posted by Bill Bronchick
Posted by Bill Bronchick on December 19, 2006 at 17:20:44:
What’s amazing to me is that you talk of Whitney as a person, when in fact it is a publicly traded corporation with Russ Whitney’s face on it. He does infomercials, no different than John Elway putting his face on an Autonation car dealership.
“Sculldugery” (good word) is “unfair and dishonest practices carried out in a secretive way in order to trick other people”. Despite what you may think, Russ Whitney and the people who work for his company do not sit up late at night and thinks of ways to trick people. It is an $80M/year corporation that sells real estate and stock seminars and training to millions of people worldwide. You may not like the product or the way they sell it at hotel ballrooms every week, but that’s your opinion. They are a legitimate operation and I know many people who are very happy with what they paid for. I also know many people who aren’t and felt like it was a ripoff. Such is life - you can dig up thousands of people who feel good and bad things about Ebay, car dealerships, check-cashing stores, equity lenders, etc, and all of the big companies have been involved in AG cases in several states. Are you saying Bill Gates is a scumbag and should be out of the software business because Microsoft was sued multiple times by the Justice Department?
John T. Reed dug up dirt and said bad things about Russ Whitney and his company. They sued him. It was settled. Who cares? People say sh*t about each other’s businesses and sue each other all day long.
I bet if you intervied all the tenants I evicted, they’d said the same about me!