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19 May

China Stock ZST Planned “Go Dark” Scheme to Cheat U.S. Investors

ZST Investor Peter Deutsch

A wealthy businessman from New Canaan,CT is single handedly taking on a China company, ZST Digital, that gutted U.S. investors who bought into its NASDAQ-exchange traded stock. Peter Duetsch, who owns a New York-based wine distribution company, has watched U.S. regulators stand by and do nothing to go after the China reverse-merger companies and the boiler-room American investment firms that promoted their now worthless stocks. So after he saw ZST simply stop filing financial statements in a … Continue

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16 May

Hedgie T.Boone Pickens Son Fights Back: Counter Suit Says Dad Stole Money From Him

Boone & Daughter Pam

This story has been updated with the results of the anti-SLAAP hearing. See bottom of Story. The Texas oilman who sued his son for invasion of privacy after he wrote a tell-all blog about T.Boone Pickens parenting problems is now facing a counterclaim suit for millions. Michael Pickens filed a lengthy and detailed list of claims against his famous millionaire Dad for allegedly taking control of assets and funds that Michael owned. Michael's attorney Collin Porterfield also filed an amended … Continue

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12 May

Thanks to Readers We Got an Upgrade

Truth Fighter

A few months back I asked readers to help fund an upgrade of this news publication so the stories could come to life in photos and text that was easier to read. Now thanks to your generous donations we have a new and improved place to see what I’m reporting on. The text and graphics [...]

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10 May

New Canaan Police finally Arrest A Parent for Hosting Underage Drinking Bash

drinking shots

Update 5-13-13 12:30pm: The New Canaan police have finally released the name of the parent charged with a felony for delivery of alcohol to minors. It is Nils Erik Berg, age 56, of 501 Spring Water Lane. Apparently when the two arresting officers brought Berg into the station for processing someone in the NCPD decided [...]

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3 May

Hedgie T.Boone Pickens Sues to Squash Son’s Tell-All Speech About Family Emotional Abuse

Boone Confused why his money can't get the courts to stop his Son's speech?

Texas oil millionaire T. Boone Pickens is trying to use the Dallas state courts to squash his son’s first amendment rights after Mike Pickens wrote a tell-all blog about the famed hedge fund manager’s troubling family dynamics. The blog titled 5 days in Connecticut posted ‘my story’ which centers on how 85-year old Boone’s emotional [...]

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30 Apr

Hearst CT Newspapers Making Side Deals After Class Action Suit Challenges How Arrest Are Reported

Two well-known Connecticut lawyers are spearheading a class action lawsuit against the dominate news publisher in Fairfield County in a move to get Hearst newspapers to take down online news reports of people who have been arrested but then have the charges waved or dropped. Bill Keller, New York Times columnist and the paper’s former [...]

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29 Apr

Does a Material Weakness in New Canaan Financials Mean Problems for Muni Bond Investors?

New Canaan Town Sign

New Canaan’s town council received an external audit management letter that warned of possible material miss-statements in the town’s financials. The management letter, sent to town council and obtained by this reporter, talks about police overtime booked as receivables instead of an expense, a finance director for the Board of Ed having unchecked spending on [...]

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23 Apr

Fannie Mae Keeps Asking for Billions of Mortgage Putbacks from Suntrust: SEC Silent on Investigation

Value Wipe Out

The SEC investigation into SunTrust Banks alleged gaming of Fannie Mae by the bank’s wholesale mortgage division is back in the news. Gretchen Morgenson, New York Times columnist and reporter, has picked up on my exclusive news reported in November for finance trade publication Growth Capitalist. Morgenson has a habit of journalism shoplifting by writing [...]

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