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Archive for January 2013

Sleazy Private Jet Charter Brokers, Revisited

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So, WordPress provides a year end summary of activity on your blogs.  This includes facts about how many posts you made (only 1 in my case), how many visitors you had, and how they found you.  For this blog, almost everyone came in via a search engine and, interestingly, WordPress also records what search terms brought them here.  Based on the search terms people are typing into Google and Bing, there are more than a few people interested in the backgrounds of some of these bad boys of charter brokerage.  To wit, here are some of the searches that people are typing in:

apollo jets ceo (number 3 overall)

al palagonia jail (this is number 5 overall)

al palagonia apollo jets

richard sitomer jail  (almost twice as many searches as “richard sitomer” alone

christian matteis arrested

al palagonia prison

millenium securities todd rome

palagonia and jail

al palagonia boiler room

al palagonia arrested

todd rome fraud

unbelievable things (I’m not sure what this is related to, but it’s an intriguing subject.  Unfortunately, I can’t see what post those searches lead to)

al palagonia wikipedia (this is just interesting because this blog is obviously not wikipedia — which should be easy to find without a search engine)

richard sitomer incarcerated

al palagonia arrest

todd rome jail

universal jet g-iv crash

richard sitomer arrested

is bluestarjets legit

who is al palagonia

al palagonia sentenced

blue star jets fraud

what prison did al palagonia go to ?

“apollo jets” fraud

“alfred palagonia”

toilet phenom 100 (unrelated to charter brokers, but I’ve seen them overflow into the cabin when flushed… not cool)

al palagonia jail time

how to be a private jet broker

todd rome first data

blue star charter jet ceo arrested

infamous stock brokers al palagonia

millenium sec todd rome

al palagonia dh blair scandal

christian matteis jail

manni scarso sec



Written by mojofinance

January 5, 2013 at 12:36 am

David Sokol goes fire and brimstone on Warren Buffett

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David Sokol tells Warren Buffett to die and go to hell

David Sokol tells Warren Buffett to die and go to hell

“I will never understand why Mr. Buffett chose to hurt my family in such a way, but given that he is rapidly approaching his judgement [sic] day I will leave his verdict to a higher power,” Mr. Sokol wrote in an emailed response to The Wall Street Journal.

That’s about as close to “die and go to hell” that you will see someone saying on record to the Journal.  Also, the fact that he blames the hurt that has befallen his family on Buffett only reinforces the image of a sociopathic narcissist that committing such a blatant lapse of judgment and ethics has already created.

WSJ: Ex-Protege Criticizes Buffett Over Exit

Written by mojofinance

January 4, 2013 at 11:25 pm

NetJets ex-CEO “paragon of rectitude” says his lawyer

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“Paragon of rectitude,” NetJets ex-ceo David Sokol.

First of all, I hope that no one ever calls me a “paragon of rectitude.”  Even when meant as a compliment, it just doesn’t sound that great.

Moving on… The SEC told David Sokol’s attorney today that it will not pursue insider trading charges against the former NetJets CEO and one-time odds on favorite for Warren Buffett’s replacement as the head of Berkshire Hathaway.  I’ll leave it as an exercise for the reader to look up the actual meaning of the words “paragon” and “rectitude” and then see how that matches up to the Berkshire Hathaway board’s report on the Sokol Lubrizol insider trading  incident.  While I’m sure most people won’t have to look it up, it’s entertaining nevertheless, as the actual meanings are even farther from reality than you might guess.  Even for a lawyer who is part of a legal defense team earning $200k per month for defending Sokol (the bill for which goes to the Berkshire shareholders), the language is, to say the least, a bit rich.

It’s clear Sokol got caught with his hand in the cookie jar — it’s just that the SEC didn’t think it was a winnable case.  The most interesting thing to me about the whole affair is how could Warren Buffett, the Oracle of Omaha, have placed so much faith and trust into such a slimy nitwit.  I’m definitely not part of the Oracle’s cult, but I did have a lot of respect for him.  The fact that he had considered Sokol as a potential successor really makes me question his judgment.

Also, the inability of the SEC to bring any charges in this case further cements their reputation as  a bunch of incompetent porn-watching boobs.  Kudos to them.

WSJ: Case Ends Against Buffett’s Ex-Aide

NYT: S.E.C. Ends Scrutiny of Former Top Aide to Buffett

Written by mojofinance

January 4, 2013 at 1:32 am