Series of articles about a company on the dotcom bubble

[SirFozzie]

And the shenanigans it pulled.

http://seattletimes.nwsource.com/news/business/infospace/

[sabotai]

The best part at the end of one of the articles:

"About this time, Jain discovered a problem with the large, expansive windows in Diamanti that afforded him such spectacular views. Unknown to him, the windows had been leaking for some time, Jain claimed, and now parts of walls had rotted and needed to be replaced.

Jain was furious with the previous owners. He accused them of not fully disclosing the problems, information he felt entitled to know before sinking his money into the mansion.

They offered to settle, but he rejected it. He would see them in court.

After a three-week trial in December 2002, the jurors found against Naveen Jain. "

* - For those who didn't read the link, Jain is the asshole who lied to investors. :)

[Ksyrup]

Thanks for the link. Interesting article.

[Maple Leafs]

Interesting stuff.

I'm sure there's many more stories like this about that period.

[sterlingice]

Yeah, I'm about halfway through and this kindof scares me into wanting to take all my money and hide it under a mattress. And if you say "but you just graduated and are looking for a job so all your money can be hidden under a mattress", you're clearly missing the point ;)

Great articles and glad you linked them, Foz

SI

[SirFozzie]

I think the scary part in this one was that the SEC was DEFENDING this slimebag.

[sterlingice]

I think the scary part in this one was that the SEC was DEFENDING this slimebag.
I haven't gotten to that part, I just finished part 1.

SI

[SirFozzie]

Oops :)