So many of you have emailed us with questions about certain things that were posted on our website. So in an effort to be all helpful and answer questions in a timely matter, we are hosting a AMA with our CEO Jeff Morgan. We have some great questions and will give you a chance to ask Jeff directly.
It’s hard for us to respond to a specific question in a timely matter. But if you are a member of the community, you’ll have a chance to know and answer. We are always open to new questions, and we strive to answer all of them.
Please feel free to post your questions in the comments. We are always looking to answer questions, hopefully not only for members of the community, but for all of our readers.
A few months ago, Jeff Morgan was the subject of a major investigation in the United States. This was a result of the SEC having found that Morgan had used his wealth to bribe government regulators. Morgan has since pleaded guilty to those charges. The investigation has been ongoing since then, and the case is currently in its fourth month. Morgan’s lawyer has said that the case will be dropped because it will be too “difficult” to prove that Morgan didn’t break the law.
Just because he’s been investigated doesn’t mean he’s innocent. You won’t find out as much as you might suspect that he did.
The SEC is a serious and very powerful power that has been on the rise for decades in the U.S. and Europe. The SEC is a huge money and political machine. We have been fighting the SEC for years with zero results since it was a big money racket. It has been a huge power on its own, and now it’s having to fight it.
In addition to the SEC, Morgan has to deal with the banking regulator, and we know he has to deal with the U.S. Attorney, and we know he has to deal with the Treasury Secretary, and we know he has to deal with some other important people. This is not an easy task.
It’s also not about being smart. Just because Morgan and Goldman Sachs are the top dog in banking doesn’t mean they will win every case. Just because we’re the top dog in banking doesn’t mean we’re smart. This is an enormous task.
Morgan’s first challenge is to evade regulators. This is a huge task. We only have Morgan, no regulators, no other people, no other laws, and no other options. And it’s a tall order due to the fact that the SEC is going to keep a close eye on Morgan. So Morgan has to look to the SEC to see what they’re up to, but Morgan also has to look to the other people he needs to know to make sure he doesn’t get screwed.