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NY Money Manager arrested for threatening to kill Regulators

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deminks Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-15-11 06:14 AM
Original message
NY Money Manager arrested for threatening to kill Regulators
http://www.huffingtonpost.com/2011/01/14/vincent-mccrudden-death-threats_n_809356.html

NEW YORK, Jan 14 (By Jonathan Stempel) - A New York money manager with a long history of legal battles with the government has been charged with threatening to kill 47 U.S. officials, including the nation's top securities and commodities regulators.

Vincent McCrudden, 49, last month allegedly posted online an "execution list" naming officials, including Securities and Exchange Commission Chairman Mary Schapiro and Commodity Futures Trading Commission Chairman Gary Gensler.

Federal prosecutors said the threat came shortly after the CFTC brought an enforcement action accusing the former commodities trader and two of his companies with operating unregistered investments.

McCrudden threatened officials at the SEC, CFTC, the Financial Industry Regulatory Authority and the National Futures Association, authorities said. "Go buy a gun, and lets get to work in taking back our country from these criminals," McCrudden allegedly wrote, in a statement calling for the four regulators to be abolished. "I will be the first one to lead by example." The arrest comes amid heightened concern for the safety of public officials after last Saturday's mass shooting of Congresswoman Gabrielle Giffords and others in Tucson, Arizona.

(end snip)

Wow, so can we expect a crack down on any other segments who have threatened to harm people for doing their duty, like, say, voting in Congress? Hmmm?
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denbot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-15-11 06:39 AM
Response to Original message
1. I am a former commodities broker, and the regulations are still full of holes.
Edited on Sat Jan-15-11 06:41 AM by denbot
If he could not "draw between the lines" with the current regulations, he's probably a crook.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-15-11 10:26 AM
Response to Original message
2. K & R !!!
:kick:
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tjwash Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-17-11 10:06 AM
Response to Original message
3. Must be those wacky crazed revolutionary leftists again...
/rush limbaugh mode
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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-17-11 10:12 AM
Response to Original message
4. sounds like a Tea Bagger
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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-17-11 10:55 AM
Response to Original message
5. Why are you messing with my GREEDY lifestyle, should be the title of the article.
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