Day: September 9, 2009
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BREAKING NEWS: Judge Denies ASD Pleadings En Masse
UPDATED 4:50 P.M. EDT (U.S.A.) A federal judge has issued an order denying 31 pro se filers standing in the ASD case. Judge Rosemary Collyer denied the filings in a four-page order. Three pages of the document included the names of the individual filers, and a specific order to each one denying their motions to…
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MUSINGS: It’s Possible ASD NEVER Operated Legally
EDITOR’S NOTE: Many observers hold the view that ASD broke the law the first time it paid an “old” member with funds from a “new” member in the classic Ponzi setup. It’s hard to argue with that point of view, given the failure of hundreds and hundreds of autosurfs, all of which used a Ponzi…