Guess who is under SEC investigation - Posted by heather

Re: Guess who is under SEC investigation - Posted by Edwin

Posted by Edwin on December 19, 2006 at 23:26:49:

How many tenants have you evicted in your career, Bill? Just curious.
For me, it’s been maybe 35 evictions over 18 years.

Put down the koolaid - Posted by Bill Bronchick

Posted by Bill Bronchick on December 20, 2006 at 20:12:44:

“He has been in so many shady deals the sun don’t shine on him” - Exactly what proof do you have of that? The SEC is investigating the company, not Whitney personally, and has filed no case against either the company or Whitney personally.

“All indications that I have seen, with very little exception, show Mr Whitney to be less than an honest or forthwright person”. What facts have you seen other than people talking trash on the Internet?

I don’t support Russ Whitney personally or criticize him personally because I don’t know him from a whole in the wall and neither do YOU. Put down the koolaid and think for yourself.

Have you personally met Russ Whitney? Have you personally witnessed him doing dishonest things? Have you read a jury verdict which found him guilty of dishonest acts? The fact is, the only person I see here acting dishonestly here is YOU!

What I do support is “innocent until proven guilty” in the United States. Stop embarrasing yourself by making unfounded accusations.

Re: Guess who is under SEC investigation - Posted by Bill Bronchick

Posted by Bill Bronchick on December 20, 2006 at 11:49:25:

Full blown kick their @ss out on the curb… probably 20 or less. Most of them take cash to go amicably, which is what I recommend to most investors.

Read his books. - Posted by GL(ON)

Posted by GL(ON) on December 21, 2006 at 10:04:48:

I have read his books and enjoyed them. But I must admit, he cuts corners. Like lying to lenders to get a better deal on a mortgage and doing anything else necessary to make money, legal or otherwise, provided he can get away with it.

We aren’t talking about robbing banks with a six gun but the common shadey stuff that a lot of people have gotten away with and a few have been arrested for.

John Reed dug up a lot more stuff that doesn not reflect well on his honesty.

Re: Put down the koolaid- - Posted by Pit Bull

Posted by Pit Bull on December 21, 2006 at 06:54:30:

Have I met him, yes several time. I have witnessed his pitches which were deemed to be dishonest by some Attorney Generals. I have read his pleadings of guilty. You talk about him like he is a saint, not a sinner. If any one is to be embarreased here, Bill I am afraid it has to be you. I hate to see someone with your excellent reputation, support some of these shady Gurus. If there is one thing above all others that the good Gurus of R.E. owe to investors new and old, it is not to support the bad ones, even in the name of innocent until proven guilty. Now we could list all the pleadings and convictions here, but that would be long and probably useless and besides I am sure they would be deleted. Don’t take it personal Bill, I don’t when you make accusuation of embarrasement

Just the company? - Posted by Drew

Posted by Drew on December 20, 2006 at 20:28:14:

The original poster said “Russ Whitney AND Company.” I assumed the SEC investigtion was for WIN, Inc. But maybe this is some sort of insider trading or options backdating investigation into Whitney personally.

Do you know what the investigation is about?

Re: Put down the koolaid- - Posted by Bill Bronchick

Posted by Bill Bronchick on December 21, 2006 at 11:48:49:

Russ Whitney has not personally done a public seminar pitch in years and years.

Maybe it was in “Oz” you met Whitney and saw his pitch. Tell Dorothy and Toto I miss them!

Re: Just the company? - Posted by Bill Bronchick

Posted by Bill Bronchick on December 21, 2006 at 11:45:26:

The post is misleading and dishonest, which is why I chimed in.

Read here:

Re: Put down the koolaid- and Your kiddy Coments - Posted by Pit Bull

Posted by Pit Bull on December 21, 2006 at 14:04:02:

You did not ask and I did not say how long ago it was, but I did meet him and heard his pitch. It is alright to make light of the situation, but it does not change Whitney. I still notice you have not commented on his antics on this site a few years ago. He has been sanctioned more than once by legal entities. I see other posts don’t think so much of him also.

Your Koolaid is leaking… - Posted by Bill Bronchick

Posted by Bill Bronchick on December 21, 2006 at 18:54:45:

My interest in discussing this is because I would CREOnline to be a place for accurate and fair information, not where people talk trash and mislead people. The more I press you for details about your opinionated generalizations, the more the truth comes out that you cannot support them. Such generalizations and distortions hurt the credibility of a great website I have been participating for over 10 years.

This whole argument is about personally attacking a Russ Whitney for something the company that bears his name did. I don’t know Russ Whitney personally and am not defending him. All I am saying is it is ignorant to lash attacks on him when in fact you have no idea of the truth of any statements you read on the Internet. And when you repeat things like that, you only sound foolish, like the people who believe the trash they read on Internet blogs about politicians. “Russ Whitney” is not under investigation by the SEC, the company is.

If you don’t like Whitney personally, that’s fine, it’s a free Country - but it is ignorant to make false or misleading statements about him, like “He has been in so many shady deals”. The fact is, you are stating opinion based on things you read on the Internet.

If you care to Google it, “Trump Hotels & Casinos” was investigated and fined by the SEC, but Trump personally was not. You may think he’s an arrogant jerk, but saying he is a crook and is being investigated is incorrect and libelous. Dell was investigated by the SEC regarding earnings - are you saying Michael Dell is a crook because your laptop is broken?

As for “antics” on this site I am sure you are referring to the fact that the Whitney Company made legal threats about what was being said here. If what was being said was libelous, they have a right to threaten legal action. A website has potential liability for what other people say that is untrue. If someone was saying untrue and libelous things about me or my business on the Internet, I might do the same. Again, I don’t know whether these statements are true or not, neither do you.

As for the Michael Warren thing, I did not “defend” him other than to say that the criminal case had nothing to do with his seminar business, but rather a result of some unhappy people who invested money in other businesses with him. He is innocent until proven guilty - that’s all I said. Once again, you dishonestly distorted the facts by saying that I “championed” him.

As for his “pleading guilty” - what facts do you have to support this? The last I heard it had not gone to trial. Do you have court documents to support this?

hotcelebrity - Posted by hotcelebrity

Posted by hotcelebrity on June 16, 2007 at 05:01:41:

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Re: Guru Culpability… - Posted by Pit Bull

Posted by Pit Bull on December 21, 2006 at 20:09:33:

Unfortunately Bill it would appear that you are the one uninformed here. Whitney himself, not his company was the one posting here. Ask the site managers. I assure you I am not ignorant and am not making any false or misleading statements. The facts are what they are. As for Warren it was his seminar business that led him into trouble. I think you will find the court documents to support his pleading will be available shortly. Will you concede then? I made no statements about Donald Trump, so you are the one misleading there.

Re: Your Koolaid is leaking… - Posted by Pit Bull

Posted by Pit Bull on December 21, 2006 at 20:06:45:

Unfortunately Bill it would appear that you are the one uninformed here. Whitney himself not his company was the one posting here. Ask the site managers. I assure you I am not ignorant and am not making any false or misleading statements. The facts are what they are. As for Warren it was his seminar business that led him into trouble. I think you will find the court documents to support will be available shortly. Will you concede then? I made no statements about Donald Trump, so you are the one misleading there.

Misleading statements, wrong villian - Posted by Bill Bronchick

Posted by Bill Bronchick on December 22, 2006 at 14:54:53:

Let me direct you to your misleading statements:

“If any one should be the subject of an investigation there is not a better candidate than him”.

“He has been sanctioned more than once by legal entities”.

“I have witnessed his pitches which were deemed to be dishonest by some Attorney Generals” (ridiculous statement, because attorney generals are not courts, they are government attorneys, often zealots, that potentially file suit to prove things to courts, just like any other plaintiff).

“His” and “Him” imply Russ Whitney personally. The SEC is not investigating Russ Whitney personally, they are investigating the Whitney Information Network, a public corporation. This is a false and misleading statement - the very kind of statement that someone like Whitney might tell his lawyers to file suit against YOU and this website. Similarly, Trump is threatening Rosey O’Donnel for saying he was bankrupt, when in fact Trump never filed personal bankrupcty, one of the corporations that bears his name did. It’s fine to say, “Trump is a egomanic @sshole with a bad comb-over”, but I wouldn’t say his business practices are suspect because the SEC or the AG was investigating one of his hotels.

DO YOU SEE THE DIFFERENCE?

If you applaud the company being investigated and being fined because you don’t like the personality who is the CEO, you are saying you want the company to pay fines. This ultimately hurts public shareholders other than the CEO who you don’t like.

If continue saying, “Whitney is a bad guy and why do you support him?” you are as hopeless as a pitbull (pun intented) who latches on to someone’s arm and won’t let go, no matter how hard you beat him on the head!

Re: Your Koolaid is leaking… - Posted by Bill Bronchick

Posted by Bill Bronchick on December 22, 2006 at 09:11:10:

You’re proving my point. You have zero facts to support your assertions, yet you continue to make them.

Re: Nothing Misleading-right Villan - Posted by Pit Bull

Posted by Pit Bull on December 22, 2006 at 18:52:58:

“O”, None are so blind as those who will not see". Come on, the company IS the CEO. Again I point you to Enron. I understand Bill, that being a lawyer, you look at things from that perspective. But you are not ONLY a lawyer but also a Guru whether you like it or not, you need to take off one hat and put on the other. You cannot wear them both at the same time.

Your opinion of Attorneys’ general excepted, they( at least three) have censured Whitney at least three times, Pensylvania, Tennessee and Michigan and that’s a FACT. Now don’t give me and the rest of the people on this site any more B.S. by denying it. You know it too. That includes HIM and also his companies. His antics on this site in the past could only be described most likely, as nasty. The webmaster, I am sure would attest to this.

If you value this site as you say, so much( and I think you do and I DO so more than you), You should use it as a place to support the proven good Gurus like yourself and elimanate the bad. I am having a hard time figuring out why you do not?

Warren is also about to get his. By legal manuvering, by smart attorneys for which I am sure he is paying through the nose, he has been able to put it off for eight or more years. It is now comming to an end and if the Judge accepts, he will be a convicted felon. When that happens which is likely to be soon, I am sure there will be several posting here to that effect. I guess what bothers me most about this is that you seem to have no sense of responsibility for what may be morally right or wrong. O’ your going to say yes but that has nothing to do with any of his other busines practices. Give me and everyone else a break, the man is what he is. If he is convicted of Fraud and accepts it that is what he is. Why would anyone think they can do business with a convicted felon and have any degree of assurance that it will be good business?

I again understand, that most likely anything I say will not have any effect on you as a lawyer, but please, but please, put on your Good Guru hat and be a force for positive actions with new and old investors. What I have said, hopefully and I mean that in a good way, will some what change your attitude, but it may not. Either way, I wish you good fortune and hopefully a different outlook. Your obfuscation about Trump and O’Donnel is nothing but a red hearrig and you know it. Please do not give us, as investors a flip answer. Can you come clean and be with us?

Re: Your Koolaid is leaking… - Posted by steve

Posted by steve on December 26, 2006 at 09:16:58:

Bill, what FACTS do you have, or are you just acting as a defense attorney??? You should have been on OJ’s defense team.
Your opinion on this subject is not some of the usual decent advise you have given on this site.

WRONG AGAIN - Posted by Bill Bronchick

Posted by Bill Bronchick on December 24, 2006 at 18:40:23:

Pitbull, you really look foolish when you spew what you read on gossip websites. Ask yourself why JTR settled with Whitney. Maybe, just maybe, SOME of what he said on his website was wrong?

Make it a point in the new year to learn how to think for yourself.

Merry Christmas…

Re: Your Koolaid is leaking… - Posted by Bill Bronchick

Posted by Bill Bronchick on December 26, 2006 at 10:19:18:

Gee, I always thought that someone making allegations needed to prove facts. I am not defending Whitney, I am merely saying it’s idiotic to assume him guilty without facts, simply regurgitations of opionions from other people websites.

And, since your email address has the word, “attorney” in it, I figured you alrady knew that?

BILL GET REAL - Posted by steve

Posted by steve on December 26, 2006 at 09:08:26:

Russ Whitney himself owns and/or controls at least 80% of the company stock. So, I believe Pit Bull is much closer to correct than your view as a guru. And to suggest that JTR settled with Whitney…you can’t be serious!!!