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Re: Jake Bernstein vs. NFA . . . Comment



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I suspect that when Jake is done settling all the regulatory actions and all
the other litigation he'll be filing bankruptcy.
Character and ethics will always have a place in our industry and every
industry.

Rob wrote:

> I for one am proud of Jake Berstein!!!
>
> He had an idea to take futures trading to the masses. But that is not why I
> am proud.
> I am proud because in the last year he has made 10 times the money that
> anyone on RealTraders has made trading their own account.
>
> I mean, that he has made all that  money from selling his course and not
> trading.
>
> Please don't send me a nasty e-mail because I am not trying to make anyone
> mad, I just love living in America where even a really bad trader like Jake
> can make millions of dollars sell information.
>
> Viva USA
>
> Rob
>
> PS. The last time I checked, the US had a capitalistic society. I love
> America and the     chance that we can all make lots of money in what ever
> we chose to do.
>
> At 10:52 AM 5/12/98 -0500, you wrote:
> >I think Jake has done very good work in seasonals.  However, if you have
> >ever seen his tawdry Saturday morning infomercial, you might be lead to
> >believe that he needed to get slapped down some. . .
> >
> >Tim Proeber
> >
> >
> >
> >
> >
> >> -----Original Message-----
> >> From:        Brad D. [SMTP:btwj@xxxxxxxxx]
> >> Sent:        Tuesday, May 12, 1998 10:16 AM
> >> To:  RealTraders Discussion Group
> >> Subject:     FUT: Jake Bernstein vs. NFA
> >>
> >> It looks like Jake Bernstein has been expelled from the NFA and fined
> >> a fair chunk of change.  Something about misleading promotional
> >> material, downplaying risk ...
> >>
> >> The link to the news release is below.
> >>
> >> http://www.nfa.futures.org/nr051198.html
> >>
> >> Brad Dingee
> >>
> >>
> >> _________________________________________________________
> >> DO YOU YAHOO!?
> >> Get your free @yahoo.com address at http://mail.yahoo.com
> >