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Message: Webmoney Post on Raging Bull

Webmoney, a poster on Raging Bull, posted the following link to a Press Release from the FBI in Miami, which IMO is very informative. True to from the bashers of CGNH posting on Raging Bull failed to read or if read understand that the charges filed by the FBI mimic IMO their posting activities on RB.

http://miami.fbi.gov/dojpressrel/pressrel11/mm032411.htm

Relevant excerpt follows,

"...Minkow was charged with making false and misleading statements alleging wide-spread improprieties in Lennar Corporation's financial reporting and business structure, and attacking the personal character of Lennar's management.

According to the information, Minkow was hired to put economic pressure on Lennar to pay money demanded by a business partner in a prior land deal. To this end, beginning in January 2009, Minkow used the Internet, press releases, e-mail communications, Youtube.com videos, and the U.S. mail to broadcast false and misleading statements about Lennar, with the intent of artificially depressing Lennar's stock price.

In addition, the Information alleges that Minkow abused his relationship with federal law enforcement agencies to report false allegations of criminal conduct purportedly committed by Lennar and its management. Once Minkow confirmed that his allegations had successfully induced law enforcement to open a criminal investigation, Minkow allegedly used that knowledge and information to trade Lennar securities for his own benefit."

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