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Minkow Knows What He is Doing?

Thursday March 24, 2011

Barry Minkow's attorney states that Barry knows what he is doing.

Well one wonders. Minkow was hired by a builder apparently disgruntled with Lennar Homes. Barry put out a report accusing Lennar of various misdeeds. The stock tankes 30% as a result. Needless to say Lennar was not happy, claiming the report was bogus and made up. Oh did I mention Barry bought puts or shorted Lennar stock before the report came out?  Now the famous creator of the ZZZZ Best fiasco faces another 15-24 months in jail.

Good think he knows what he is doing… Frankly somehow jail just does not seem to be the right justice here, I am not sure what is right but ….

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One response to “Minkow Knows What He is Doing?”

  1. William Holisky Avatar
    William Holisky

    I find it very interesting how Barry Minkow pulled off the ZZZZ company. For him to do it so long and then finally get caught at such a young age. I would have thought Minkow would have learned his lesson the first time. Oh but wait when he got done serving his sentenced he opened a business that what trusted by the government to uncover fraud. I cannot believe our government would trust an unethical individual. He could not have been trusted the first time so why a second. Oh by the way he is back in the news for a second time. I think our government candidates should be better chosen because maybe they are unethical in their choices. Now I am not going to go political but someone should have played odds in Vegas that Minkow would have relapsed and would be back where he all started. Great story about unethical themes.

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