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Author: InkJetLabel Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2611  
Subject: Re: Refund or Lose Headquarters! Date: 12/9/2002 1:14 PM
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Thanks for the link. That should do it for Wade Cook as an investment seminar Guru. Too bad he'll be allowed to squirm around until February. I sincerely doubt any of those looking for seminar refunds will ever see anything close to $6,000. I don't think they have any chance of collecting more than pennies on the dollar, unless WADE had some sort of liability insurance....and I think we know how like an underwriter would have been to touch them, given Cook's past.

However, if he claims he has no money (having moved it offshore, what recourse do the customers have?

Also,do you have any evidence that money has been moved offshore, as you state above? Quite frankly, I don't see him being sophisticated enough to pull that off. I think he could be brought up under RICO rules if anything was found out that he deliberately attempted to move money offshore.

On a completely separate note, Saddr, do you think you and I are the last two readers of this board? Or, is it just that Wade Cook has been proven to be such an incompetent investor and trader over such a long period of time that nobody here really cares any more?

If your link hasn't been posted over at Raging Bull I may post it up. That board is pretty dead, too, though.

IJL
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