Phil Groom writes:
Fox Business News presents the People’s Hero, Mark Brewer, Principal of Brewer and Pritchard PC, pursuing the SEC on behalf of 30,000 innocent investors. Why? Because, irony of ironies, Mark’s frozen assets at Stanford Financial include his retirement account: “I just had a retirement account there, the government grabbed it,” he says.
I’ve contacted Fox News and asked them to interview Mark about the former SPCK/SSG Booksellers’ missing pension contributions. I leave it to you to imagine the questions and answers…
For the record: if I believed that Mark Brewer was genuinely acting in the public interest and out of concern for the 30,000 or so investors who have lost out in the Stanford Financial scandal then I would gladly applaud. Unfortunately, I’ve seen the way he and his brother Philip W Brewer treat people and do business; and I think the only reward those 30,000 people will ever reap from Mark Brewer’s advocacy will be massive legal bills. If you, gentle reader, are one of those investors, beware: do not trust this man.
Health Warning: Don’t watch this if you’ve just eaten; or if you do, have a paper bag or other suitable receptacle handy: you’ll need it. Partial transcript below.
All we’re asking for is that the Fourth Amendment and the Fifth Amendment of the constitution be observed, and that the government not just make such a broad sweeping dragnet approach that takes all the investment, the innocent investment, account holders, takes their money and locks it up along with the alleged bad guys — look, I don’t know whether Mr. Stanford and his his people are as guilty as they say they are or not, but what I do know is that I just had a retirement account there, the government grabbed it, and even the receiver admits in his press release that it’s not proper for all of the accounts to be frozen. They’re all held by the way at Pershing, they’re not even held at Stanford.
And all we’re asking for from you, Mark, is that you make four or five amendments to your behaviour here in the UK:
- Pay your former employees
- Pay their pension contributions
- Pay your suppliers
- Withdraw your threats against the bloggers
- Stop shuffling the stock around the shops
- Shortcut to this post: tinyurl.com/brewer-fox-news