Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Reload this Page Big Brown Owner Fined by NASD
Register FAQ Members List Calendar Today's Posts

Reply
Page 1 of 2 1 2 >
 
Thread Tools Display Modes
  #1  
Old 05-28-2008, 02:56 PM
Rupert Pupkin Rupert Pupkin is offline
Del Mar
  
Join Date: Jun 2006
Posts: 5,102
Default Big Brown Owner Fined by NASD
Big Brown Owner, Fined by NASD, Plans $100 Million Hedge Fund
2008-05-28 14:15 (New York)

By David Evans

http://www.bloomberg.com/apps/news?p...IJ0&refer=home

May 28 (Bloomberg) -- Michael Iavarone, owner of Triple
Crown contender Big Brown, was fined, censured and suspended by
securities regulators for unauthorized trades in 1999.


PROVIDE LINKS.. NO FULL REPRINT OF COPYRIGHT MATERIALS PLEASE..
Last edited by Kasept : 05-28-2008 at 03:32 PM.
Reply With Quote
  #2  
Old 05-28-2008, 03:02 PM
Coach Pants
 
Posts: n/a
Default
Reply With Quote
  #3  
Old 05-28-2008, 03:05 PM
Sightseek's Avatar
Sightseek Sightseek is offline
Flemington
  
Join Date: Aug 2006
Posts: 11,024
Default
Quote:
Originally Posted by Coach Pants
Hossy had no part of this.
__________________
Tod Marks Photo - Daybreak over Oklahoma
Reply With Quote
  #4  
Old 05-28-2008, 03:08 PM
The Indomitable DrugS's Avatar
The Indomitable DrugS The Indomitable DrugS is offline
Flemington
  
Join Date: Dec 2006
Posts: 11,007
Default
Hossy rolls with LIEAH?
Reply With Quote
  #5  
Old 05-28-2008, 03:19 PM
slotdirt's Avatar
slotdirt slotdirt is offline
Atlantic City Race Course
  
Join Date: May 2006
Posts: 4,894
Default
http://www.bloomberg.com/apps/news?p...IJ0&refer=home
__________________
The world's foremost expert on virtually everything on the Redskins 2010 season: "Im going to go out on a limb here. I say they make the playoffs."
Reply With Quote
  #6  
Old 05-28-2008, 03:24 PM
Quiet Chris's Avatar
Quiet Chris Quiet Chris is offline
Tropical Park
  
Join Date: May 2008
Posts: 263
Default
Here is the link. This stuff is hilarious. He is basically a guy like the guys in the movie boiler room. He cons people out of their retirement money.

My favorite line was

Iavarone said an imposter was responsible. ``There was no bad check ever written,'' he said. ``Somebody took out a marker in my name, illegally.''

http://www.bloomberg.com/apps/news?p...IJ0&refer=home
Reply With Quote
  #7  
Old 05-28-2008, 03:24 PM
philcski's Avatar
philcski philcski is offline
Goodwood
  
Join Date: Jun 2006
Location: Mission Viejo, CA
Posts: 8,872
Default
Didn't I write about this yesterday???

http://www.derbytrail.com/forums/sho...1&postcount=27
__________________
please use generalizations and non-truths when arguing your side, thank you
Reply With Quote
  #8  
Old 05-28-2008, 03:34 PM
Quiet Chris's Avatar
Quiet Chris Quiet Chris is offline
Tropical Park
  
Join Date: May 2008
Posts: 263
Default
Quote:
Originally Posted by philcski
Didn't I write about this yesterday???

http://www.derbytrail.com/forums/sho...1&postcount=27

This guy is a real winner. I don't like the owner, trainer, or jockey. But the horse is still an incredible animal.

If this horse loses I will believe in the racing gods. If he wins it would be hard for me to believe the racing gods game a TC winner to this group.
Reply With Quote
  #9  
Old 05-28-2008, 03:39 PM
jms62's Avatar
jms62 jms62 is offline
Saratoga
  
Join Date: Mar 2007
Posts: 19,762
Default
He is as likable as Curlins owners...
Reply With Quote
  #10  
Old 05-28-2008, 03:44 PM
slotdirt's Avatar
slotdirt slotdirt is offline
Atlantic City Race Course
  
Join Date: May 2006
Posts: 4,894
Default
Quote:
Originally Posted by jms62
He is as likable as Curlins owners...
Current or former?
__________________
The world's foremost expert on virtually everything on the Redskins 2010 season: "Im going to go out on a limb here. I say they make the playoffs."
Reply With Quote
  #11  
Old 05-28-2008, 03:45 PM
Quiet Chris's Avatar
Quiet Chris Quiet Chris is offline
Tropical Park
  
Join Date: May 2008
Posts: 263
Default
Quote:
Originally Posted by slotdirt
Current or former?
Probably the ones in jail.
Reply With Quote
  #12  
Old 05-28-2008, 03:47 PM
jms62's Avatar
jms62 jms62 is offline
Saratoga
  
Join Date: Mar 2007
Posts: 19,762
Default
Yes, I should have stipulated that.. The Phen Phen gang...
Reply With Quote
  #13  
Old 05-28-2008, 06:16 PM
jwkniska's Avatar
jwkniska jwkniska is offline
Fairgrounds
  
Join Date: Jun 2007
Location: Mt. Prospect, IL (AP)
Posts: 1,578
Default
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!
Reply With Quote
  #14  
Old 05-28-2008, 06:17 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
  
Join Date: Jun 2006
Posts: 9,935
Default
Quote:
Originally Posted by jwkniska
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!

Every single one?

Got any facts to back up this silliness?
__________________
Just more nebulous nonsense from BBB
Reply With Quote
  #15  
Old 05-28-2008, 06:50 PM
ateamstupid's Avatar
ateamstupid ateamstupid is offline
Super Mod.. and Super Fly
  
Join Date: Jun 2006
Location: Brooklyn, NY
Posts: 13,036
Default
LOL @ Pants. Bensonhurst every weekend.
Reply With Quote
  #16  
Old 05-28-2008, 06:58 PM
Cajungator26's Avatar
Cajungator26 Cajungator26 is offline
Keeneland
  
Join Date: May 2006
Location: Hossy's Mom's basement.
Posts: 10,217
Default
Quote:
Originally Posted by jwkniska
Every single one of those hedge funds are as crooked as a three dollar bill. They're unregulated and totally crooked.... but that hoss is outstanding!!
This is pretty ridiculous ... are you in the industry?
Reply With Quote
  #17  
Old 05-28-2008, 07:00 PM
jwkniska's Avatar
jwkniska jwkniska is offline
Fairgrounds
  
Join Date: Jun 2007
Location: Mt. Prospect, IL (AP)
Posts: 1,578
Default
Quote:
Originally Posted by blackthroatedwind
Every single one?

Got any facts to back up this silliness?
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
Reply With Quote
  #18  
Old 05-28-2008, 07:10 PM
freddymo freddymo is offline
Belmont Park
  
Join Date: Sep 2007
Posts: 7,091
Default
Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.
This post is absolutely nuts.. Most hedge funds are run by brilliantly successful people who make their investors a very satisfactory return. Trust me if racing horses was 1/10 as straightforward and successful as MOST hedgefunds racing would be flourishing. The reason why Hedge fund investing is growing in popularity is because most (probably 75 to 80%) earn a profit each year.
Reply With Quote
  #19  
Old 05-28-2008, 07:16 PM
stonegossard stonegossard is offline
Sheepshead Bay
  
Join Date: Nov 2006
Posts: 1,115
Default
Quote:
Originally Posted by jwkniska
every one that I've looked into... which is a ton of them (been investor for years and have many relatives in the industry).

If you know one on the up-and-up... I'll gladly tip my hat to them.... never seen one though.

You are an idiot.

It's kinda like saying all Irish are drunks ? A ridiculous assumption/generalization.


Name some of the funds you looked into?
Reply With Quote
  #20  
Old 05-28-2008, 07:20 PM
-BT- -BT- is offline
The Curragh
  
Join Date: Mar 2007
Location: 60613
Posts: 2,622
Default
the more and more i read about this guy the less and less i like him
also, never been a fan of private sales either
but that horse can run
That photo reminds me of this (around the 2 minute mark)
http://www.youtube.com/watch?v=QRO3RJ9cYSo

-bt-
Reply With Quote
Reply
Page 1 of 2 1 2 >

« Previous Thread | Next Thread »


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 12:43 AM.

Contact Us - Derby Trail Steve Byk Steve’s Notes DT Stables DT Shoppe Gallery Contact Links Archive - Top

Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.