Silva Deleuran

Last month a big story that made the rounds within the financial media was Jim Cramers (of the Street.com) statement that some hedge-fund managers spread false rumors about an organization to the media and large trading companies to drive-a stock price lower. He said this practice is illegal, but easy to do 'since the SEC [Securities Exchange Commission, the U.S. regulatory body] does not understand it.' More over, the exceptionally wealthy former hedge fund manager boasted, Whats impor-tant when you're in hedge fund setting, says Cramer, would be to not do any such thing remotely honest, as the truth is indeed against your view.

For those of you that remain skeptical concerning the deceitful methods of firms and investment professionals, maybe a partners entrance will finally persuade you. This offensive the infographic portfolio has uncountable offensive aids for the reason for this activity. Is beyond me why these stories even make big statements. As a former industry insider myself, Ive been saying for decades that the investment industry is high in investment specialists, everyone else from financial consultants to private money managers to professional money managers, hard at work weaving the emperors new clothes. However, only once a big mouth like Cramer speaks of the dishonesty that netted him great success does it attract attention.

For those of you not familiar with the fable The Emperors New Clothes let me summarize it for you. Long ago in a fabled kingdom, there lived an emperor whose vanity was popular. Two swindlers, Luigi Farabutto and Guido, knew they can capitalize on this emperors character flaw to produce a big profit. They acknowledged the emperor and told him that they'd sew him the best suits of a very costly special fabric that would be invisible to anybody that was stupid or of low character. The emperor, fearing he wouldn't manage to see the garments, sent two of his men to go see the suits. For other ways to look at it, please consider taking a view at: linkempereor. The men came ultimately back, and afraid to tell the emperor they couldn't start to see the clothes, told the emperor the suits were one of the most beautiful suits they had ever seen.

Once the emperor went to s