From: Adam Back <aba@dcs.ex.ac.uk>
Date: Fri, 27 Jun 1997 07:04:52 +0800
To: vznuri@netcom.com
Subject: Re: LOSE MONEY FAST!!
In-Reply-To: <199706250451.VAA24476@netcom4.netcom.com>
Message-ID: <199706260922.KAA00427@server.test.net>
MIME-Version: 1.0
Content-Type: text/plain




Vladimir Nuri <vznuri@netcom.com> quotes some whistle blower:

> FRN directors are involved in a complex STOCK MANIPULATION SCHEME in
> which they are selling additional shares of the company beyond those
> in circulation, with only the hazy knowledge of the existing
> stockholders. This is being done IN COLLUSION WITH GOVERNMENT
> REGULATORS, who are receiving kickbacks from the operation! In other
> words, individual investors of FRN believe they own 1/n of the
> company, when in fact there are more shares in existence and they
> actually own far less than the fraction indicated on their
> certificates!

That scenario sounds familiar.  FRN wouldn't be FRB (Federal Reserve Board),
aka US government manipulation of the money supply to use inflation as an
invisible tax would it?  (Or any government, they all do it).

Adam
-- 
Have *you* exported RSA today? --> http://www.dcs.ex.ac.uk/~aba/rsa/

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