Long Duck Dong aka LDD / Steve Thomas / Extreme Remarketing

[fund razor]

So, the guy kicked his own Mother out of the house for a few bucks?
Or am I reading this wrong?

The way that I read it, he got to keep his Mom's soul. Which is worse?

[phragle]

his mom wasn't living in the house, and he just went after half the house that was supposed to be his, his mom had really gone off the deep end of sanity also...

what precitpitated te whole thing was that I was renting the house, paying rent to his mom while he was gone out of town. he moved back, I moved out, he was renting a place when he first moved back, house was empty and remodeled because she was trying to rent it out for almost double what the rent should be. he thought hey, the house is half mine, why am I paying rent... oved into the house then a year later his mom out of the blued decided she wanted to kick him out of the house, he was in school full time and tried to talk to here, saying with beyond a full load, he couldnt afford to rent someplace, and suggested she buy out his half, so he had the money to live and finish school. she told him to go phuck himself the house wan't half his and never would be. the 6 years I lived there paying rent, he never saw a cent of it either before he was 18 or after. he didn't steal his mom's soul..he prevented her from stealing his

[Buoy]

The way that I read it, he got to keep his Mom's soul. Which is worse?

I remember when Bart sold his soul to Milhouse.
That's just plain scary to even consider.

[fund razor]

he didn't steal his mom's soul..he prevented her from stealing his

The judge gave him soul ownership, after all.

So anywho... am I reading this right that you shacked up with this woman and her adult son for six years?

ok, I'll stop now.

[Buoy]

How do I always get blamed for hijacking??
Did I do it, or did Fund do it??
A serious hijack going on here.
If I did it, I didn't mean it. Sorry.
LDD is still a turd.

[phragle]

nope.. his mom lived with her mom, under the guise of taking care of her, while milking her dry and I am solely responsible for my spelling errrors...but then again..maybe spelling is next semester :O

[phragle]

I will hijack and corrupt anythread without hesitation or justification

[fund razor]

I will hijack and corrupt anythread without hesitation or justification

We are now back on track.

[BlackJack58]

You know what's really fun? ...Watching his and his spouse's faces as he signs order after order nullifying asset-concealing transactions and piercing corporate veils....In my experience, they seem to take pleasure in taking guys like this to the woodshed, legally speaking. The best one? Watching as deputies tag all their life's possessions and inventory them for the Sheriff's sale. Watching the wife being handcuffed and escorted out by a baliff on a contempt charge is a close second.

Court can be expensive, but it can yield some satisfying moments. Especially if you're right.

Can't help but think of the Madoff case. They're still trying to claim he managed all the massive paperwork and planning to pull off this $50 billion scheme all by himself, and that his wife, brother and sons (all part of his co.) "knew nothing about it." I'm sure all the investors won't rest until they have his beachfront house, his NY penthouse and everything else they own. I wouldn't rest either. I was watching TV about one 90-year old guy who lost all his retirement income and now had to work at Wal-mart as a "greeter" to make ends meet.

If that dirtbag Madoff has a $1.50 left-over after all this to buy a cup of coffee, it's a $1.50 too much...

[Chris]

What really astonished me about the Madoff case is the blatant naivete of his investors. It's unimaginable that so may smart people- people with the wherewithall to accumulate huhe sums of money- actually believed madoff was able to deliver investment returns so far beyond everyone else. Madoff was the equivalent of a golfer that hit a hole in one on every hole... and they all fell for it.

[phragle]

it's easy not to see something when you don't want to see it...

[MarylandMark]

Madoff was the equivalent of a golfer that hit a hole in one on every hole... and they all fell for it.

Good analogy!

[Nordic95]

So Mr Random Boater whats the good word?????Ten days passed only 20 to go...

[MahopacMarine]

[Wrinkleface]

[Geronimo36]

What really astonished me about the Madoff case is the blatant naivete of his investors. It's unimaginable that so may smart people- people with the wherewithall to accumulate huhe sums of money- actually believed madoff was able to deliver investment returns so far beyond everyone else. Madoff was the equivalent of a golfer that hit a hole in one on every hole... and they all fell for it.

One word, GREED......

They all knew the ROI being represented was drastically higher than any other fund yet they continued to invest with Madoff and didn't ask questions. The market was tanking and he was still showing 12%... They just wanted to ride the wave and got the impression they were getting richer and richer... all the while he was just stealing ...

Here's an interesting quote from a blog I read;
"Madoff's hardest hit "investors", those who lost everything including the roofs over their heads, appear to be what I would call the naive rich - people living under the illusion that wealth can somehow be safely preserved without effort."

"These are naive people who trusted a man with their whole net worth based on herd instincts, without understanding what he does, without scrutinizing his investment strategy. Either put your eggs in many baskets, or, as Warren Buffett says: put them all in one basket, then watch it closely.

These people did neither. Wealth cannot be preserved this way. "
http://denisbider.blogspot.com/2009/...f-victims.html


So to get the thread back on track...... Is LDD like Madov and is PS the Naive investor???

[Ratickle]

One word, GREED......

They all knew the ROI being represented was drastically higher than any other fund yet they continued to invest with Madoff and didn't ask questions. The market was tanking and he was still showing 12%... They just wanted to ride the wave and got the impression they were getting richer and richer... all the while he was just stealing ...

Here's an interesting quote from a blog I read;
"Madoff's hardest hit "investors", those who lost everything including the roofs over their heads, appear to be what I would call the naive rich - people living under the illusion that wealth can somehow be safely preserved without effort."

"These are naive people who trusted a man with their whole net worth based on herd instincts, without understanding what he does, without scrutinizing his investment strategy. Either put your eggs in many baskets, or, as Warren Buffett says: put them all in one basket, then watch it closely.

These people did neither. Wealth cannot be preserved this way. "
http://denisbider.blogspot.com/2009/...f-victims.html


So to get the thread back on track...... Is LDD like Madov and is PS the Naive investor???

Interesting article, the government does have some responsibility though. They have documented warnings from ex SEC investigators warning about Madov and they did nothing.

[99fever27]

So Mr Random Boater whats the good word?????Ten days passed only 20 to go...

So whats the latest? I heard he closed shop and is now selling used cars from his computer at home..

[Laken]

So whats the latest? I heard he closed shop and is now selling used cars from his computer at home..

Yup check out his E-bay listings. All these pictures taken in his driveway....He just sold that Awesome cat for 16,100.00 last week and he told me he had over 32,000.00 into it.Sound like a great buisness move.But the boat is still sitting in his driveway also so lets see if there was a buyer or just him bidding against himeself to raise the price. Should get interesting...


http://myworld.ebay.com/ebaymotors/wesaleautoz/

[Nordic95]

Yup check out his E-bay listings. All these pictures taken in his driveway....He just sold that Awesome cat for 16,100.00 last week and he told me he had over 32,000.00 into it.Sound like a great buisness move.But the boat is still sitting in his driveway also so lets see if there was a buyer or just him bidding against himeself to raise the price. Should get interesting...


http://myworld.ebay.com/ebaymotors/wesaleautoz/

Thanks for the heads up LAKEN.... One phone call and he is shut down...OOOPPPSSSS did I say that....

ANTWAN