On Thu, 12 Feb 2009 09:44:17 -0500, Joseph Gwinn
wrote:
Goldbugs unite!
http://online.wsj.com/article/SB123440593696275773.html
The Wall Street Journal, 11 February 2009.
Joe Gwinn
----------------
Looks like someone took your advice to heart.
==========
Agents seize contents of Phoenix bank box connected to huge
mortgage-fraud case
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By Denny Walsh
Published: Friday, Feb. 13, 2009
Acting U.S. Attorney Larry Brown said Friday federal agents
seized gold coins estimated to be worth $413,000 from a Phoenix
safe deposit box belonging to former fugitive Christopher J.
Warren of Sacramento, who fled the country in the face of a major
fraud investigation.
snip
Days before he absconded from Las Vegas on a private jet to
Ireland and then on to Lebanon, Warren rented the box under the
name Mark A. Seagrave, the same alias he was traveling under when
arrested, Brown said.
Warren is accused by federal authorities of being a key player in
one of the nation's largest mortgage and investment scams, with
$100 million in losses to lenders and investors calculated thus
far. He is charged in a criminal complaint in Sacramento federal
court with conducting a continuing financial-crimes enterprise
based at Loomis Wealth Solutions in Roseville.
snip
Warren told the crew of the private jet that he was carrying $5
million in gold and showed them some gold. He had arranged to be
met in Beirut by armed escorts. The gold has not been recovered.
When he was picked up in Buffalo, Warren had $70,000 in cash
stashed in a shoe he was wearing and four ounces of platinum
worth nearly $6,000.
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http://www.sacbee.com/latest/story/1624786.html
Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).