Brokers use names of Sept. 11 victims in wooing foreign investors

[seemslikeadream]

Knight Ridder - Monday, February 14, 2005

St. Louis Post-Dispatch

By Christopher Carey

ST. LOUIS _ Rogue brokers targeting foreign buyers of U.S. stocks have added a macabre twist: Their aliases are derived from victims of the Sept. 11, 2001, terrorist attacks.

Nearly all 22 executives and account managers listed on the Internet site for Bailey & Bennett Mergers and Acquisitions Inc. are actual or scrambled names of people who died in the World Trade Center, the Pentagon or on the four airliners the terrorists hijacked and crashed.

Representatives of Bailey & Bennett have been calling investors in the United Kingdom in recent weeks, offering to buy back worthless shares of obscure U.S. companies at big premiums. It uses a slick Web site to create the appearance of legitimacy.

The Web site lists the headquarters on the second floor of a New York City office building. But all the space on that floor is leased to the city.

The New York Division of Corporations has no record of Bailey & Bennett, nor does the U.S. Securities and Exchange Commission or the National Association of Securities Dealers.

http://www.menafn.com/qn_news_story.asp?StoryId=CqHaWueicqK9jtevsuK9ptvmTqLjps0vsuW

[PROGRESSIVE1]

1. .....

[merwin]

2. Is * trying to raise money again?

[AuntiBush]

3. Yeah! 9//1 Victimized to the Hilt,

and next in line is Social Security. So tired of asking myself, "How the hell do anyone of them get away with these schemes," and "WTF?"

:wtf:

[AlCzervik]

4. i just looked up this name that was in the story

said he is an officer of the company....Brian Penniger. that last name was the name of someone who died in the WTC only the first name was Robert.

[musette_sf]

5. they even had the nerve to use

Kristen Breitweiser's late husband's name. You know, Kristen from the Jersey Girls. I wonder how SHE would feel about it? It would sure make a big fat story in the Daily News and/or Newsday. Ellis Hennican, are you listening??

[Richard Steele]

6. Yer missing the forest for the trees here, folks!

The fake names are irrelevant; intended to DISTRACT, perhaps...

The REAL meat of this story is:

A: The company seems to NOT legally exist.

B: Their listed address is space leased by the city.

[Kolesar]

8. Is this another one of Bernard Kerik's loooove nests?

We need a smilie with the "Ooooh" face. You know, "Ooooh, Ooooh"

[ccarter84]

7. not to be skeptical...

but there were a lot of people who lost their lives that day,
hell-I just found my name on there(w/a diff middle name), they're probably right and i'm thinking too little, but yea

[sattahipdeep]

9. September 11th Families For A Peaceful Tomorrow

Today, as we commemorate September 11, 2004, we find that our worst
fears have been realized. The terrorism of September 11th has been
neither neutralized, nor ended, by the terrorism of war.