If Bernie Madoff and Enron Had a Baby

?awt_l=Dx3Vy&awt_m=gDWW9vAU2Qvde4A Good morning readers. This Sunday I bring you drama, I bring you Yeezys, and I bring you reconciliation. Bernie Madoff And with that name, I should have gotten your attention. Unfortunately for GE, that name has given financial fraud investigator and Madoff whistleblower, Harry Markopolos, lots of attention. In a 175-page report, Markopolos claims GE is hiding a massive accounting scandal— $40 billion kinda massive, to be exact. In his analysis titled ‘General Electric: A Bigger Fraud Than Enron,’ he not so subtly puts GE on blast, and thus their share price fell 15%. And now, the juicy stuff. Markopolos gave an unnamed hedge fund a sneak peak of the report, and in return, he would receive a percentage of the profits from the movement of GE’s shares. Obviously GE refuted all of the claims. In the end, GE is pissed, Markopolos is a little richer, and I have more questions. [Read more]( Gucci Taste on a Forever21 Budget There’s two major things I’ve learned about 2019 fashion this week. - Forever21 is out and Gucci is in - Most people don’t quite have Gucci money Luxury consignment retailer, The RealReal, said their annual sales report shows people are ditching fast fashion for secondhand luxury goods. Meanwhile, non-consignment luxury retailer, Farfetch, purchased New Guards Group, an Italian company that produces and distributes t-shirts that cost more than my couch, and their stock price plummeted 40%. The lesson? Just buy the secondhand Yeezys, everyones doing it. [Read more]( EMAIL}/redirect Make New Friends But Keep the Old After years of pity parties, CBS and Viacom are finally merging to form ViacomCBS— very creative new company name, I know. After the merger, CBS can throw Paramount Pictures, Comedy Central, Nickelodeon, BET, MTV, South Park Studios, and streaming service, Pluto TV, into their bag of tricks. It’s fine time the two media companies quit their squabbling over the crown of CEO and joined forces yet again, because competitors like Disney, Netflix, Amazon, AT&T and Comcast are out for blood. The merger deal may close by the end of this year, so the company can acquire their next weapon… I mean, company— possibly Lionsgate or Starz. [Read more]( - DW Editor EMAIL}/redirect GENERAL NOTICE AND DISCLAIMER - PLEASE READ CAREFULLY THE FOLLOWING NOTICE AND DISCLAIMER MUST BE READ AND UNDERSTOOD AND YOU MUST AGREE TO THE TERMS CONTAINED THEREIN BEFORE USING THIS WEBSITE OR SUBSCRIBING TO OUR NEWSLETTER. This is a PAID ADVERTISEMENT provided to customers/subscribers of DearWallStreet. Although we have sent you this email, DearWallStreet does NOT specifically endorse this product nor is it responsible for the content of this message. Furthermore, we make no guarantee or warranty about what is advertised above. DISCLAIMER: In accordance with Section 17(b) of the Securities Act of 1933, you are hereby advised that DearWallStreet. "DWS" is receiving a fee of over $1000.00 in cash, from an independent third party as compensation for the distribution of this message. DWS has not determined if the statements and opinions of the advertiser are accurate, correct or truthful. The purpose of this message, like any advertising, is to provide publicity for the advertising company, its products or services. You should not rely on the information presented; you should do independent research to form your own opinion and decision. Information contained in our disseminated emails does not constitute investment, legal or tax advice upon which you should rely. The purchase of high-risk securities may result in the loss of your entire investment. Advertisements received by you are not a solicitation or recommendation to buy securities of the advertised company. An offer to buy or sell securities can be made only by a disclosure document that complies with applicable securities laws and only in the States or other jurisdictions in which the security is eligible for sale. Advertisements distributed through disseminated emails are not disclosure documents. If you are considering purchasing any securities of an advertised company, you should call your State Securities Administrator to determine if the security may be sold in your State. Many companies have information filed with State securities regulators who may be able to supply you with additional information. You also should read and review, if and to the extent available, any information concerning an advertised company available at the web sites of the U.S. Securities and Exchange Commission (the "SEC") at []( and the Financial Industry Regulatory Authority (the "FINRA") at [](. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud at [( as well as related information published by the NASD on how to invest carefully. You are responsible for verifying all claims and conducting your own due diligence. You agree and acknowledge that any hyperlinks to the website of (1) an advertised company, (2) the party issuing or preparing the information for the advertised company, or (3) other information contained in our disseminated emails is provided only for your reference and convenience. We are not responsible for the accuracy or reliability of these external sites, nor are we responsible for the content, advertising, opinions, products or other materials on external sites or information sources. If you use, act upon or make decisions in reliance on information contained in any disseminated email or any hyperlink, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. You acknowledge that you are not relying on us, and we are not liable for, any actions taken by you based on any information contained in any disseminated email or hyperlink. You also acknowledge that we are not an investment advisory service, a broker-dealer or an investment adviser. You acknowledge that you will consult with your own advisers regarding any decisions as to any advertised company. Rua Frei Tomé de Jesus n. 18 1 dto. Lisboa Lisboa 1700-215 PORTUGAL [Unsubscribe]( | [Change Subscriber Options](