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New York, 5:08 PM
Fri Dec 11
55 posts in the last 24 hours

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  • posts about #marcdreier more →

    Once Rich, Swindler Marc Dreier Now Sells Piss Poor Excuses

    Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo

    A Wealth of Idiocy
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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of SeaBassTian SeaBassTian
    10/05/09

    In reply to Once Rich, Swindler Marc Dreier Now Sells Piss Poor Excuses
    For a financial analyst, he isn't good at math. Nobody is having a so-called midlife crisis at 52 unless they are planning to celebrate the big 1-0-4 (in lock-up). Flim flam man should have bought a fire engine red Jaguar instead.
     Reply
    SeaBassTian was starred SeaBassTian was unstarred
    Image of lionel-mandrake lionel-mandrake
    10/05/09

    In reply to Once Rich, Swindler Marc Dreier Now Sells Piss Poor Excuses
    If you saw the interview it's very clear that, like most lawyers, the man is a complete sociopath. It's really not that complicated.
     Reply
    lionel-mandrake approved this comment lionel-mandrake was starred lionel-mandrake was unstarred
    Image of nicepony nicepony
    10/04/09

    In reply to Once Rich, Swindler Marc Dreier Now Sells Piss Poor Excuses
    I like the fact his 19 year old son is suing his college roommate for defamation.

    Please find out more on this...could be great!
     Reply
    nicepony was starred nicepony was unstarred
    Image of OrneryBabe OrneryBabe
    10/04/09

    In reply to Once Rich, Swindler Marc Dreier Now Sells Piss Poor Excuses
    Damn, was he on 60 minutes tonight? Now that's an interview I'd have liked to see.

    So, how does he explain impersonating people to obtain signatures on promissory notes? Let me guess, he always wanted to be an actor, right?
     Reply
    mattchew03 promoted this comment OrneryBabe was starred OrneryBabe was unstarred
    Image of Matt Cherette Matt Cherette
    10/04/09

    @OrneryBabe: IIRC, the 60 Minutes piece he had a former client/friend impersonate a bigwig from Sheldon Solow's organization, and somehow successfully commandeered a conference room at Solow's office for a meeting with one of the hedge funds that was bankrolling him.
     Reply
    Matt Cherette was starred Matt Cherette was unstarred
    Image of OrneryBabe OrneryBabe
    10/05/09

    @mattchew03: That happened in Canada, right? I thought that was the meeting where Dreier commandeered a conference room and tricked someone into signing a promissory note for shit that he didn't even own. It's been a while since I read about this.

    Dreier is quite the character. The only explanation I can think of for his exploits is that he probably has a very small penis.
     Reply
    OrneryBabe was starred OrneryBabe was unstarred
    Image of Smitros Smitros
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    Free Leland Palmer!
     Reply
    Smitros was starred Smitros was unstarred
    Image of resipsaloquacious resipsaloquacious
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    Those eyebrows could scare the money out of anyone's wallet.
     Reply
    resipsaloquacious was starred resipsaloquacious was unstarred
    Image of depardoo depardoo
    05/12/09

    @resipsaloquacious:


    The eyes are pretty terrifying, too.

     Reply
    depardoo was starred depardoo was unstarred
    Image of misslinda misslinda
    05/12/09

    @resipsaloquacious: Really? I think he's kind of handsome.
     Reply
    misslinda was starred misslinda was unstarred
    Image of Uncle_Billy_Slumming Uncle_Billy_Slumming
    05/12/09

    @misslinda:


    In a Bill Murray meets Marcello Mastroianni kinda way...

     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of CaptainFantastic CaptainFantastic
    05/12/09

    @resipsaloquacious: Who needs a new avatar?
     Reply
    CaptainFantastic was starred CaptainFantastic was unstarred
    Image of kimsama kimsama
    05/12/09

    @resipsaloquacious: He looks like a crazy eagle.
     Reply
    kimsama was starred kimsama was unstarred
    Image of valet_of_the_dolls valet_of_the_dolls
    05/12/09

    @kimsama: Samuel Beckett.
     Reply
    valet_of_the_dolls was starred valet_of_the_dolls was unstarred
    Image of HenryLovesFonzie HenryLovesFonzie
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    This is unrelated, but I think Sprint's GPS system is broken. Those dudes keep walking in circles...
     Reply
    HenryLovesFonzie was starred HenryLovesFonzie was unstarred
    Image of Aaron Altman Aaron Altman
    05/12/09

    @HenryLovesFonzie: Hah!
     Reply
    Aaron Altman was starred Aaron Altman was unstarred
    Image of Uncle_Billy_Slumming Uncle_Billy_Slumming
    05/12/09

    @HenryLovesFonzie:


    I found it curious because I have a friend whose Ad Agencies website features a topdown view of digital people walking around a cityscape. (Sprint is most common ad here). Coincidentally, they went after a national Mini-BMW account recently (Mini is the 2nd most common ad here).

     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of depardoo depardoo
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    This story is really crazy. He went to Canada, walked into an office building, identified himself as an inhouse lawyer at the company there and commandeered a ocnference room to sell the fraudulent prom notes to unsuspecting investors. He operated a large law firm in which he was the sole equity partner. The firm collapsed immediately upon his arrest. There seems to be a common thread here with Madoff - one should be suspicious of a large operation run almost entirely by one person.
     Reply
    depardoo was starred depardoo was unstarred
    Image of resipsaloquacious resipsaloquacious
    05/12/09

    @depardoo:


    What I cannot understand is the hubris of Madoff and Dreier. If it were me, I'd like to think that I would come to the conclusion that -- you know what, I had a really good run. I stole hundreds of millions of dollars from very savvy investors, and I have not been caught yet. Now is the time to get get out of Dodge and to some banana republic with a no extradition law.


    What were they thinking, that they are so much smarter than everyone else?

     Reply
    resipsaloquacious was starred resipsaloquacious was unstarred
    Image of misslinda misslinda
    05/12/09

    @depardoo: So he's kind of an ambitious George Castanza.
     Reply
    misslinda was starred misslinda was unstarred
    Image of depardoo depardoo
    05/12/09

    @resipsaloquacious:


    I think the answer is that they are both sociopaths.

     Reply
    depardoo was starred depardoo was unstarred
    Image of Uncle_Billy_Slumming Uncle_Billy_Slumming
    05/12/09

    @misslinda:


    This is the mystery man behind VanDelay Industries!

     Reply
    Uncle_Billy_Slumming was starred Uncle_Billy_Slumming was unstarred
    Image of htotheomo htotheomo
    05/12/09

    @depardoo: Dingdingding!
     Reply
    htotheomo was starred htotheomo was unstarred
    Image of Smitros Smitros
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    As with Madoff, Stanford et al., his life sentence should involve eight hours a day of visits from those whose futures he has ruined, with repeat visits permitted if not encouraged.
     Reply
    Smitros was starred Smitros was unstarred
    Image of Zanzibar Buck-Buck McFate Zanzibar Buck-Buck McFate
    05/12/09

    In reply to Rich Guy Who Stole Millions Told to Go Wait in Luxury Condo
    I guess he's just too good to go dig his own shallow grave in the woods.
     Reply
    Zanzibar Buck-Buck McFate was starred Zanzibar Buck-Buck McFate was unstarred
    Image of Weegee's bored Weegee's bored
    12/26/08

    In reply to A Wealth of Idiocy
    I've dedicated my incredibly dumb and desperact acts to the quest for remaining poor, just so I don't get accused of being a rich white man. So far I've succeeded beyond my wildest dreams.
     Reply
    Weegee's bored was starred Weegee's bored was unstarred
    Image of bigleggedwoman bigleggedwoman
    12/26/08

    @Weegee's bored: We are just a couple of over-achievers, aren't we?
     Reply
    bigleggedwoman was starred bigleggedwoman was unstarred
    Image of Kid Twist Kid Twist
    12/26/08

    In reply to A Wealth of Idiocy
    It's easy to make a small fortune in times like these. Just start with a large fortune.
     Reply
    Kid Twist was starred Kid Twist was unstarred
    Image of SeaBassTian SeaBassTian
    12/26/08

    In reply to A Wealth of Idiocy
    I know that desperate people do desperate things. But it is easy to live life off the grid without the trappings of wealth. Once you get to a certain level, you will do anything to perpetuate the illusion. And your maniacal mind congratulates you for being smarter than everybody else. Even when you are doing the walk of shame out of you house, you can't help but feel smug.
     Reply
    SeaBassTian was starred SeaBassTian was unstarred
    Image of dado dado
    12/26/08

    In reply to A Wealth of Idiocy
    Becoming rich is one thing, but becoming rich while being fully aware that you have no discernable talent whatsoever is what drives all insecurity, need for validation, and ultimately a spectacular crash.
     Reply
    dado was starred dado was unstarred
    Image of SarahHeartburn SarahHeartburn
    12/26/08

    @dado: I think you've just defined Hollywood and Wall Street.
     Reply
    SarahHeartburn was starred SarahHeartburn was unstarred
    Image of MincnglyWhrdL'mer MincnglyWhrdL'mer
    12/26/08

    In reply to A Wealth of Idiocy
    "How did they ever think they'd get away with it?"


    um, could it be that these are just more extreme variations of the same sort of personality type which got them to that point in the first place? one possible answer.

     Reply
    MincnglyWhrdL'mer was starred MincnglyWhrdL'mer was unstarred
    Image of SarahHeartburn SarahHeartburn
    12/26/08

    @Monsignor Xtravagante D'ouchestache: I agree. I (purportedly)teach ESL to executives, but half my clases are psychotherapy to help them deal with sociopathic bosses. We read a lot of articles and studies on personality types in managment(when we're supposed to be doing grammar)and I hear a lot of stories about the bulldozing, bull-shitting, risk-taking, clueless behavior of the sucessful-until-they-aren't. Granted, these psycho-leaders are the minority (my punk soul hates to admit it, but there are a lot of geniunely nice, responsible and competent folk in business) but that 5% of dickhead management drags us all down to hell with them.
     Reply
    SarahHeartburn was starred SarahHeartburn was unstarred
    Image of MincnglyWhrdL'mer MincnglyWhrdL'mer
    12/26/08

    @SarahHeartburn: I'm no analyst, but these all smack of case studies, esp. the 2nd one.


    who's a psychologist? there have to be half a dozen on this service - thoughts?

     Reply
    MincnglyWhrdL'mer was starred MincnglyWhrdL'mer was unstarred
    Image of bigleggedwoman bigleggedwoman
    12/26/08

    @Monsignor Xtravagante D'ouchestache: Yes, and I'd like to think that my lack of this pathology is the reason I am not 'successful'.
     Reply
    bigleggedwoman was starred bigleggedwoman was unstarred
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