Jim Rogers and Paige Parker: Re: Re: Getting our money back

» DrAziz - Re: Re: Getting our money back

Dear Lessismore:

I don't know...I heard about the two investors who are suing Rogers and Beeland, but I don't know if that's going to go anywhere. It may even empower Refco and give them ammunition to drag this thing on. Obviously I don't know all the facts, but I don't know if Rogers or Beeland can really be blamed for this one. I could be wrong, of course, but I just don't think that more lawsuits are going to do any good. I think all we can do is wait it out.

I suppose I do have a sneaking suspicion that the dorks at Beeland exercised amateurish oversight over the fund's assets, but the whole thing seems more like awesomely bad luck. I mean, Refco was the world's largest commodity broker before it went belly up. I guess I'm just mad at the system in general, and the fact that people who are obvious crooks can drag these things out for so long.

-- posted by DrAziz