Danny Pang: Our very own semi-local Ponzi Schemer!!

[davelj]

OK, he’s in Irvine. But looks like a doozy with “hundreds of millions” in purported pilfering, resume fabrication, and a former wife’s still-unsolved murder.

Good times!

Yes we CAN have our own quota of Ponzi Schemers, southern California!

http://www.sec.gov/news/press/2009/2009-89.htm

[afx114]

Damnit, I thought this was going to be about Darren Pang

[afx114]

Damnit, I thought this was going to be about Darren Pang

[afx114]

Damnit, I thought this was going to be about Darren Pang

[afx114]

Damnit, I thought this was going to be about Darren Pang

[afx114]

Damnit, I thought this was going to be about Darren Pang

[Allan from Fallbrook]

Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions!

[Allan from Fallbrook]

Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions!

[Allan from Fallbrook]

Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions!

[Allan from Fallbrook]

Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions!

[Allan from Fallbrook]

Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions!

[Coronita]

[quote=Allan from Fallbrook]Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions![/quote]

I think a higher profile school probably would have raised more alarm bells.

In asian, Morgan Stanley use to have a pretty big name (pre- Dean Witter acquisition. After the acquisition, I use to piss of my relatives by calling and asking “Can I apply for a Discover Card?”)

As far as Danny is concerned, most of his “investors” were taiwanese…. I’m not surprised something like this happened. Heck, even the ex-Taiwanese Prez Chen is full of corruption as well as the Gu family that controls a 1/4 of taiwan’s GDP (give or take a few percentage points).
At least Taiwan isn’t afraid of throwing a Prez in jail.

[Coronita]

[quote=Allan from Fallbrook]Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions![/quote]

I think a higher profile school probably would have raised more alarm bells.

In asian, Morgan Stanley use to have a pretty big name (pre- Dean Witter acquisition. After the acquisition, I use to piss of my relatives by calling and asking “Can I apply for a Discover Card?”)

As far as Danny is concerned, most of his “investors” were taiwanese…. I’m not surprised something like this happened. Heck, even the ex-Taiwanese Prez Chen is full of corruption as well as the Gu family that controls a 1/4 of taiwan’s GDP (give or take a few percentage points).
At least Taiwan isn’t afraid of throwing a Prez in jail.

[Coronita]

[quote=Allan from Fallbrook]Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions![/quote]

I think a higher profile school probably would have raised more alarm bells.

In asian, Morgan Stanley use to have a pretty big name (pre- Dean Witter acquisition. After the acquisition, I use to piss of my relatives by calling and asking “Can I apply for a Discover Card?”)

As far as Danny is concerned, most of his “investors” were taiwanese…. I’m not surprised something like this happened. Heck, even the ex-Taiwanese Prez Chen is full of corruption as well as the Gu family that controls a 1/4 of taiwan’s GDP (give or take a few percentage points).
At least Taiwan isn’t afraid of throwing a Prez in jail.

[Coronita]

[quote=Allan from Fallbrook]Dave: Not to bag on UC Irvine, but why wouldn’t you lay claim to an MBA from a more recognized name, like Stanford Graduate School of Business, or Marshall (USC) or even Graziado (Pepperdine)? Hell, if you’re going for the gusto, why not Harvard or Sloan (MIT)?

And Morgan Stanley? Sheesh. Goldman Sachs is where the cachet is these days, baby! Those boys are stealing billions![/quote]

I think a higher profile school probably would have raised more alarm bells.

In asian, Morgan Stanley use to have a pretty big name (pre- Dean Witter acquisition. After the acquisition, I use to piss of my relatives by calling and asking “Can I apply for a Discover Card?”)

As far as Danny is concerned, most of his “investors” were taiwanese…. I’m not surprised something like this happened. Heck, even the ex-Taiwanese Prez Chen is full of corruption as well as the Gu family that controls a 1/4 of taiwan’s GDP (give or take a few percentage points).
At least Taiwan isn’t afraid of throwing a Prez in jail.

[Author]

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