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Leverage & Extortion

Autor MR Vincent McCrudden
en Limba Engleză Paperback
Vincent McCrudden was born and raised on Long Island, New York. Most of his adult career was spent on Wall Street. During 20 plus years, McCrudden either executed or traded hundreds of billions of dollars of sophisticated financial instruments for the top financial institutions in the world. During some of his time on Wall Street, he worked in the World Trade Center and survived both attacks in 1993 and 2001. On 9/11 he lost 23 friends. In 1995 McCrudden started a small hedge fund but unfortunately was the victim of fraud in the copper markets that resulted in some of the biggest fines in futures history against Sumitomo Bank, JP Morgan, Merrill Lynch and others. McCrudden became a lead plaintiff against these large financial institutions.Unknown to him at the time, McCrudden became a target of these big financial institutions and the US Financial Regulators that do their bidding. Ultimately, McCrudden would be denied licenses that he had worked so hard to get, and would shockingly be charged with mail fraud in 2000. In 2003, eight years after the Sumitomo, JP Morgan, Merrill Lynch fraud, McCrudden was acquitted in federal court after a 2.5 week trial in less than an hour of deliberations. He faced over six years in jail even though his fund was the actual victim of fraud and the investors suffered no economic loss. McCrudden would endure nineteen years and counting of harassment and abuse of authority at the highest levels in Government. In 2008 and 2009 when the world was embroiled in the financial crisis, McCrudden ran a small hedge fund that produced a 138% net audited return. In 2008 with a return of 99.6% return, McCrudden
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Specificații

ISBN-13: 9781494948603
ISBN-10: 1494948605
Pagini: 258
Dimensiuni: 152 x 229 x 15 mm
Greutate: 0.52 kg
Editura: CreateSpace Independent Publishing Platform