Mary Jo White was confirmed by the Senate this week, as the new Chairperson of the Securities and Exchange Commission ("SEC"). (See Reuters story [here]).
Prior to her nomination, Mary Jo White was a former prosecutor, turned white collar crime defense attorney (as most prosecutors do go that pathway). Mary Jo White is only confirmed until 2014 Senator Sherrod Brown is worried about Chairman White's Wall Street connections - and so am I!
As a victim of Wall Street, white collar, organized crimes by Goldman Sachs and Bain Capital, this pursuer of justice deemed it prudent to inform the new SEC Chairwoman White of a guagmire case she inherited (that has already tarnished the reputation of the SEC for a decade now). My letter requesting her official intervention into the matter was sent late yesterday (see link [here] and/or copy of letter below).
What has transpired is massive federal frauds and corruption of the eToys IPO and the Delaware Bankruptcy Court case of In re eToys (DE Bankr 01-706). It has been a rigged process from the beginning. In the New York Supreme Court case of eToys (ebc1) vs Goldman Sachs. in essence Goldman Sachs is suing itsellf. In a similar fashion Bain Capital fraudulently sold eToys to Bain Capital for practically nothing. Enigmatically, even though the SEC claimed to get its house in order, to make sure that no other decade long failure to address serious malfeasance would occur (such as in the Madoff affair) - the fact of the matter is, the eToys nefariousness is continous now for 12 years.
More on this massive fraud & corruption and the letter to Chairperson White below the fold.
Background of Goldman Sachs/Bain Capital Frauds in eToys
For those of you who have not followed the efforts in the past, my company (CLI) was appointed by the federal court over eToys. Goldman Sachs and Bain Capital (secretly) utilize the same law firm in Delaware (
www.MNAT.com). MNAT has confessed to lying under oath 15 times to hide its relationship to Goldman Sachs and continues to perpetrate fraud on the court to conceal its relationship with Bain Capital (Romney being CEO of Bain Capital at the very time in question).
In the New York Supreme Court case (#601805/2002) of eToys (renamed ebc1) v Goldman Sachs, MNAT, utilizing its firms act of Perjury to the fullest, asked for and received permission (because Traub did not object) to Destroy the eToys Books & Records (see actual request [here]). This effort is Obstruction of Justice via destruction of evidence. MNAT, in turn, thanked Paul Traub for helping in that scheme when MNAT handpicked the Traub Bonacquist & Fox ("TBF") firm to prosecute Goldman Sachs in the NY Supreme Court case. hus (in essence) Goldman Sachs is suing Goldman Sachs. Pictured is Paul Traub with glasses and his other partner (who also worked eToys with Traub) - convicted fraudster/attorney Marc Dreier. MNAT also colluded with Paul Traub (who also has an undisclosed relationship with Goldman Sachs and Bain Capital), to reduce the prices of eToys federal estate assets so that Bain Capital/Kay Bee could steal eToys cheaply. To make sure that scheme succeeded, Paul Traub and MNAT put in Traub's partner (and Bain Capital crony) - Barry Gold as President/ CEO of eToys. The Gold and Traub part of the eToys fraud case is confessed (after our Smoking Gun evidences compelled the admittances) and you can read more about that in the July 25, 2005 Wall Street Journal story "eToys investors claim conflicts at law firm".
Federal Corruption Assisting the Frauds
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Fortunately, Mitt Romney did not become POTUS and handpick that "friendly" United States Attorney General that Sheldon Adelson was paying $100 million for.
Why Mr. Adelson was willing to shell out such big bucks is the fact that he was guilty of violating the Foreign Corrupt Practices Act ("FCPA") in building his Asia Casino - by bribing foreign officials and he needed assurance that he could not be prosecuted. Romney could readily demonstrate that corruption of our Department of Justice works well. Though MNAT has confessed Goldman Sachs issues and Traub confessed lying under oath about Barry Gold, they were never prosecuted; because a MNAT partner (Colm Connolly) was arragned to become the Delaware United States Attorney on August 2, 2001 (see his resume at the DOJ OLP website [here]). For seven years, Colm Connolly refused to investigate and/or prosecute his former partner and their clients.
Of course, once the government makes a mistake, it always appears that it is much more easier to keep on making more mistakes, than it is to admit one has transpired and rectify the wrong.
There's nothing worse in America than tax paid public servants who swear an oath to protect the Constitution of the United States and U.S. citizens from enemies foreign and Domestic. Who then betray the public's trust for the sake of veiled agendas.
"Senator" Joe Biden Halted Colm Connolly's Corrupt Career
This is why Barack Obama picked Senator Joe Biden as his Vice President; because Joe Biden has always been a man of the people. He does not have mansions throughout like John McCain and billions in holdings like Mitt Romney. Joe Biden is the quintessential Senator extraordinaire.
When the powers that be tried to reward Colm Connolly with a promotion to become the Delaware Federal District Court Justice, then "Senator" Joe Biden simply refused to sign the requisite Senate slip to advance Colm Connolly's nomination to a vote. As you can see by the Main Justice article (here) - Colm Connolly actually tries to retaliate as Colm has the audacity to remark about elected officials halting his nomination - by stating that;
“The process is broken - It is one more example of
how out of touch our elected officials are in Washington.”
Romney's Hubris Provides New Chance for Justice in eToys
As can be expected, Romney's racketeering via Bain Capital and the 800 Clear Channel Communications stations, along with partnerships with other main stream media (like NBC and Bain co-owning The Weather Channel), will make it arduous at best, to get mass awareness of the skullduggery in the eToys and other case. Especially given the fact that it also involves the Above the Law entity of Goldman Sachs. (If you are going to have a partner in crime, you may as well have the most protected one). . To my delight and Romney's Gang chagrin, his thinking he could steal the POTUS election gave U.S. vast amounts of publicity about Bain Capital issues. Matt Taibbi's Rolling Stone September 2012 cover story "Greed and Debt" details the $100 million Kay Bee fraud (also involves MNAT and Traub) and issues of Stage Stores. Then PoliticusUSA.com's activist reporter Rmuse goes straight for the jugular and helps this pursuer of justice with his considerate story "Meet the Man Battling Romney for 12 Years". As is exhibited by this chart to the right, Romney's RICO Gang is incestuous and systemic. So much so one does not know where to begin. Paul Traub was partners with fraudster Marc Dreier (as pictured above and here again). Immediately below the picture of Traub with Dreier, is the other criminal partner of Traub's - Mr. Tom Petters. Dreier is doing 20 years and Petters 50 years - Traub got Polaroid (bought by Petters Ponzi monies) - for FREE! (See the Star Tribune article [here] and the Conneticut Law Tribune article [here]). Thanks to Romney and his Gang's haughtier, there are more and more articles coming out about our eToys case, even though the election is now over and Romney's political career is toast.
New York Times Story on eToys "Rigging the I.P.O. Game"
Just a few weeks ago this activist was floored to see that the New York Times was picking up on the old eToys case. In Joe Nocera's Op/Ed item "Rigging the I.P.O. Game" - he discusses the fact that Goldman Sachs took eToys public (in 1999) and the stocked soared above $78; but eToys only received less than $20. This, in spite of the fact that Goldman Sachs was the lead IPO agent for eToys and its team leader (Lawton Fitt) was actually making bets that the stock would go above $80 (which it did do). As Taibbi has done, so has Joe Nocera. There are many key issues germane to those stories. Such as the fact that Stage Stores, Kay Bee and eToys involves the same players pretending to be opponents, so that their conspiracies to defraud public companies and federal estates can succeed. Additionally, Kay Bee and eToys were in bankruptcy multiple times, with Bain and wound up BACK with Bain Capital (under the Toys R Us brand name).
Toys R Us just cancelled its long ago scheduled IPO (link [here])
Another item that the parties missed, is the aforementioned fact above - that MNAT, while benefiting from Perjury, did seek and receive permission to Destroy eToys Books & Records. This helped to make sure that the New York Supreme Court case of eToys (renamed ebc1 when the eToys.com name was stolen by Bain/Kay Bee) versus Goldman Sachs - was guaranteed to fail.
However, various parties who are good faith public servants have Re-Opened the N.Y. Supreme Court case as of September 7, 2012 (see Law360.com story [here]).
Thus there's New Hope that Justice may come in the eToys saga!
Laser's Letter to SEC Chairman Mary Jo White
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It is time to strike while the iron is hot. For the 1st time in 12 years, we are finally speaking with the Chief Investigator for the Department of Justice over this issue. But, as that person did iterate to me, the final vote is not his to make. As we all know, Goldman Sachs is a miracle worker when it comes to handling the U.S. Gov. As the picture to the right reflects, Blankfein did appear to commit Perjury to Senator Levin and nothing happened (
except that the Senator is now retiring). This pursuer of justice is absolutely exhuberant over the fact that a federal investigator, who is sincere, is looking at the case. Be that as it may, it does seem prudent to get the SEC to assist. Therefore I sent this letter to the new SEC Chairman (link [
here]) and verbatim;
Laser Haas April 13, 2013
Collateral Logistics, Inc.,
Los Angeles, CA 91767
laser.haas@yahoo.com
Honorable Mary Jo White
Chairman Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
RE: Goldman Sachs and Bain Capital Conspiracy to Defraud eToys.com Public Company
Dear Chairman;
Congratulations upon your new appointment as Chairman. Unfortunately, to resolve an outstanding SEC issue and help assure your tenure is not marred by vermin in the closet, it is prudent to call your personal attention to our troubling matter. To put it succinctly, Goldman Sachs and Bain Capital are continuously, without remorse or relent, perpetrating a massive fraud against the eToys public company and the eToys federal estate.
Collateral Logistics, Inc., (“CLI”) is owned 100% by me. CLI was the Delaware Bankruptcy Court appointed fiduciary over the eToys bankruptcy case (DE Bankr 01-706). As Liquidation Consultant, CLI was “maximizing returns at a minimum of expense”. Upon inception, CLI learned of hidden cash deposits, preferential sales, grand larceny and the possibility that the eToys public company may not have actually been insolvent.
Goldman Sachs law firm of Morris Nichols Arsht & Tunnell (“MNAT”), has confessed (2005) that the firm lied under oath over a dozen times to hide MNAT's connections to Goldman Sachs. Additionally, MNAT continues to hide the issue that it also represents Bain Capital. Most of eToys assets were sold to Bain/ Kay Bee for tens of millions of dollars; which has been sabotaged to much smaller amounts by MNAT and their cohorts. The firm also conspired with the eToys Creditors Counsel (Paul Traub) to plant a Bain Capital crony and partner of Paul Traub (Barry Gold) unlawfully inside as eToys President/CEO. This assured Goldman Sachs IPO schemes success and that Bain Capital would acquire eToys as cheap as possible. Traub and Gold confessed lying under oath about their partnerships to each other. MNAT and Gold nominated Traub's law firm to prosecute the New York Supreme Court case of eToys (ebc1) v Goldman Sachs and continuously perpetrate a fraud on the court in that case too.
Over 100 State, Federal and SEC crimes are documented by public records - to have transpired!
Enigmatically, no investigation and/or prosecution of the eToys debacle has occurred, due to the fact that MNAT corrupted the Delaware U.S. Attorney's office by arranging for an MNAT law partner (Colm F Connolly) to become the United States Attorney on August 2, 2001. At that time the Bain Capital CEO (Mitt Romney) resigned and the despot Colm Connolly stymied any/all subsequent investigations/prosecutions for many years.
As reported upon by the recent New York Times story “Rigging the I.P.O. Game”, when eToys went public, the stock soared above $78; but eToys received less than $20 and the entire New York Supreme Court case (601805/2002) is under seal to help cover up the nefariousness. The case is rigged also!
Please help put an end to this debacle and serve the interests of justice appropriately?
Sincerely
s Steven (Laser) Haas
Sole Owner CLI
What is amazing, is the fact that this victim had dinner with Barry Gold in 2002. At that time he agreed to pay my CLI what it was worth and owed. He had a shit eating grin on his face when he said it and the truth is, Barry Gold is charming. But I said to him at that time, when my CLI was owed an estimate $3.7 million in fees & expenses that;
"Don't mess with me, if you think it ends hear, I'm telling you IT Begins Here"!
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MNAT had secretly submitted a Haas Affidavit forgery to the DE Bankruptcy Court stipulating that Laser Haas simply "waived" his rights for CLI to be compensated. (It's alright, you can laugh - I would too - if it didn't hurt so much). Then Barry Gold sent my attorney a check for $37,000.
Traub Bonacquist & Fox Law firm closed
Dreier LLP Law firm closed (Dreier doing 20 years)
Traub/Petters Ponzi scheme investigated and prosecuted (Petters 50 years)
Deputy Director of U.S. Trustees (Lawrence Friedman) - Resigned (and may go to jail)
Colm Connolly's bid for DE District Court bench failed
Romney's POTUS Bid - FAILED
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And it's not over yet (much more things happening and to come)
I wonder how much, if any, they are laughing now?
Justice is Due Diligence!