I have a copy of his book somewhere , he was a huge dolphins fan as a kid. But he turned into a real POS agent. Everything thats wrong with the buisness.

I don't need to read that to know that Rosenhouse is as scummy and shady as it gets

________________________________________________________
The beatings will continue until morale improves.

Berk- as a lawyer and someone with the duty of representing others, you should read it... unbleievable..
The development deal was a con. Anyone some what educated could see it or figure that out...
These athletes should all be in low risk deals with their money and in their position.. The reason so many go broke, is they wind up with scum bags around them that appeall to the players greed, and 90 percent of the time they wind up broke.
Number one rule in life, no body watches your money as you do.. paying these guys like RUbin to watch money, when they are really like a venture capitalist, getting paid to raise money on the other end for venture capital type of deals, is F*cked up. And the agent not having his clients back to protect them from these type of guys, let alone endorsing and co-recruiting players is even worse...
NFL players invested 40 million dollars into a bingo casino hotel development in Alabama, where it was completely illegal for them to operate.. Nobody thought that was risky for guys, football players with short term earning potential..

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche



Edited 1 time(s). Last edit at 09/13/2012 11:04AM by Crowder52.

Crowder, as a prosecutor I would try to figure out whether there is some basis for criminally prosecuting him for some form of grand theft.

When you in effect SWINDLE your own client out of funds knowing that this money is going to someone else who is going to kick back money to you, that is larcency by trick or device.

And we always condemn those athletes who blow all their money on luxuries and end up without a penny. We say they should have invested it.

Well, these athletes tried to do the right thing and they lost anyway. At least the other athletes lived the good life off their money.

This scum should be put UNDER THE JAIL!

I just dont understand how it isnt fraud on alot of levels. Your money manager is working for the development company he advises you to invest in? and getting ridiculous finders fees. skimming ten percent off the top.. If you dont disclosed all that with that type of money...you have problems... The players got taken advantage of pretty hard, and 26 of them were Rosenhaus players, who says he introduced them , endorsed and co-recruited with this guy Rubin.

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche

Like I said, larceny by trick or device. The agent is a co-conspirator.

ChyrenB Wrote:
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> Like I said, larceny by trick or device. The
> agent is a co-conspirator.


Whats the burden of proof as far as proving the agent was a co-conspirator?

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche

Like in all cases, both civil and criminal, the jury decides that question. If its a criminal case, you have to prove the conspiracy beyond a reasonable doubt because if you can't prove that, you can't convict on conspiracy. You have to have a co-conspirator because a person cannot conspire with himself alone.

Evidence that would go to prove that would be any evidence that the two have a joint financial interest in the business venture. This being true, when the agent directs the player to invest his money in the venture, any jury, civil or criminal, regardless of the standard of proof are going to find that there was a prearrangement or agreement between the agent and the other guy to steer his clients to invest in the investment.

Not going to be a big problem on that score.

The difficulty will be in establishing it is larceny given the fact of the investment.

I'd make the argument as a prosecutor that just because you trick people out of money for an investment, even though that investment would return money if successful, is still a trick and failing to disclose that the agent and the investment company are in it together is the means by which the trick is perpetrated.

You have to get pass the element of the possibility of the investment yielding returns as a defense. An oversimplified analogy is if someone stole from you and bet the money on the races, the fact that they could have won and returned your money is no defense that there was an unlawful taking in the first place. I would argue that taking money under these false pretenses was like theft.

Rosenhorse is just another name for Rothstein or Madoff or...

Same old $$ greedy scum over and over.

My opinion. Of course.

Arnold and Bernie.

BigNastyFish Wrote:
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> Rosenhorse is just another name for Rothstein or
> Madoff or...
>
> Same old $$ greedy scum over and over.
>
> My opinion. Of course.


I was going to say the exact same thing, what Rosenhouse is doing with players money, is probably mild compared to what's going on on Wall St. Ever hear of the "Occupy" movement?

dolphaholic Wrote:
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>
what
> Rosenhouse is doing with players money, is
> probably mild compared to what's going on on Wall
> St. Ever hear of the "Occupy" movement?



Really? The occupy movement? That is what you are going with, the occupy movement...... lol... come on... Wall street are crooks but the occupy movement not much better for our country then the Wallstreet crooks.. Give me good honest hard working americans any day of the week and twice on sundays.... Life is what you make out of it... If the occupy movement put half as much time into finding a job , working hard and clmbing the ladder, as they did protesting, the country and themselves would be better off.. I hate Wall Street, but I still showed up to my workplace everyday and worked hard, trying to make something for myself and family.. Nobody but myself is responsible for me and my positions in life.. CHoose wisely... Dont just sit around and bitch when you choose poorly and subsequently things dont work out as planned... "We need to be lifted up by our desire to succeed not by our resentment of success"...

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche



Edited 1 time(s). Last edit at 09/14/2012 08:53AM by Crowder52.

yeah, occupy wall street is kind of lame. they camped out here near me in DC and are just a bunch of lame hippie wannabes. Get a freaking job (and take a bath).

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The beatings will continue until morale improves.

Out here a couple of radio shock jocks dubbed them "Occu-poo" for the amount of human feces they left on the grounds of LA City Hall when their tents were pulled away.

Wasn't there an ESPN special or something that dove into how dirty the agency business really is?

The focus was more on mid-level guys, but let's get real...it happens on all levels.

Being a high-profile agent equates to being a criminal. It's a cut-throat and dirty business.

Yeah, don't they realize that the Constitutional right to assembly and free speech don't exist anymore?

Chill hooligan. No matter what you do, you are always judged by HOW you do it.

I learned that at Berkeley in the late 1960's.

Dolphaholic touched on what the Occupy movement is about. They have a legitimate and very important message which is being obfuscated by a lack of porta potties. Most people are totally unaware that the Federal Reserve is a "FOR PROFIT" PRIVATE bank. No more federal than the Federal Express. The Constitution gives the power to create money to Congress but a consortium of private bankers "bought" the franchise at the beginning of the last century and have been enriching themselves ever since while engineering two great depressions and numerous recessions. Lately they have been using OUR tax dollars to bail out each other and their Wall Street golfing buddies while setting us up for the next great depression. They give your tax dollars to the banks FOR FREE who then loan that money back to you at interest. Everybody should be outraged and not attacking the few people who are trying to call attention to this crime.

Did you miss it when Crowder said "Wall Street are crooks" ??????

Go back and read that part.

No, I didn't miss that. My rant is about the Federal Reserve and the Oakland Raiders.
--GO PHINS--

You want to solve Wall Street, makes the people in charge of these companies personally legal liabel for the actions of the company.. So many crimes are being committed by big business and companies, they make the board and executives big money, while they escape personal culpability. That is the biggest problem IMO.. Government is no better, our local govt pension exposure has gone from 30 to 60 million in 5 years. So since they cant afford it, they now take out huge money bonds against the cities credit, if they make more money the pension gets the extra, if they lose the city takes the losses and goes bankrupt.... Same scam, same hustle as Wall Street, done by Politicians, trying to appease voters and enormous pension liabilities that are beyound what can ever be sustained...

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche



Edited 1 time(s). Last edit at 09/14/2012 04:01PM by Crowder52.

This is where I separate from my friend Crowder. I am a government pensioner. I joined the office in the 70's when Howard Jarvis and anti-tax sentiment were high in my state. In those days it was unthinkable to give govt. employees raises. The rest of the country was in agreement.

How did the government attract and maintain employees? By promising better pensions. At the same time, private industry salaries were at their height and going higher. We were told you may not make as much money but you have 1) job security and 2) guaranteed pensions.

Let's make it real. I, a Deputy Attorney General and a Harvard Law Grad, at the end of my 39 year service made only one-third of what a 2011 law school grad was paid in my area if he joined a top law firm even if he was hired by a private firm on the day I retired. But I had job security and my pension.

In the recent years, however, the economy has gone south and shock jocks turn around and look at government employees and say, "Hey, how come they get those great pensions?"

The answer is "We accepted those in exchange for being lowly paid all those years when the economy was booming and you guys were making the big bucks."

Now that the economy is in the sh_t can and people are being laid off, they look at government employees as if we are thieves.

They don't think back about all those years they made triple in salary that we did.

Sorry but you guys should have saved those big bucks you were making while you laughed at our pitiful salaries.

You can't have it both ways Crowder. You can't pay government employees nothing and then expect them not to have pension security either.

And remember government employees are prosecutors like me, policemen who save your lives like TreasureCoast, teachers who teach your kids, firemen who save your homes, paramedics who save your life and the list goes on.



Edited 1 time(s). Last edit at 09/14/2012 04:51PM by ChyrenB.

And why are pensions underfunded? It is probably what happened in Calif. Here, we had to take a certain amount from each paycheck each month going to our pensions while the state was obligated to pay a certain share.

However, it turns out that during the dot com boom when the pension money invested was returning enormous amounts of money, the government decided that it did not need to put in its matching funds because they thought the bubble would never burst. Well, when the economy went in the tank and those investments started losing, it would have been no problem had the government kept up its contributions but since they hadn't, they now find themselves in the hole and obligated to make up for contributions they foolishly figured they did not have to make when the investments were making excess profits.

Now people like you, Crowder, who don't know the whole story blame the government employees themselves. Blame the politicians but not us.

Please don't get it twisted, i'm not a fan of the Occupy Movement, but it's basic concept was born from the exact same type of thing that the article is accusing Rosenhorse of doing, no? I just used the Occupy Movement as an example of the real life corruption that exists outside of the sports world.

It's the mis-investment, the failure to pour the profits made from the investments in good times back into the fund so that there is no shortfall in the bad times, etc. Yes the fault is government employees but not the ones who apply for their jobs. It is the fault of the ones ELECTED to their jobs.

But when you say Fort Lauderdale is a small city, you are talking to someone born and raised in Lawton, Oklahoma. It's the third largest city in the state after OKC and Tulsa but that aint saying much.

Chyren first off your postion of SA is not remotely the problem in our pension problems, in fact they are underpaid... Fn the pension bonds the city invested in workout, the pension funds get all of the profit, not the city and taxpayers who footed the bill to buy them. If the investments fail, the taxpayers pays the price.. The only way to get that money at the local level is through property taxes. ie:Home and small business ownership.......If it doesnt work out the property owners in the city are going to get crushed further devestating the real estate and business markets. If the investments roll of the dice works out, the tax payers get nothing, the pensions get it. In the mean time the politicians that voted for it, get more votes to secure their office or move on to the state level with the support of the firefighters and police. And by the time it fails, they have moved on, either from term limits or new opportunities.. All at the risk of the tax payers, while the unions and politicians benefit, at least until it all collapses as Stockton did...

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche

Chyren- How long should the politicians keep giving raises to the govt unions employees for votes at the expense of the tax payers? The city cant afford it, and not because of anything but the fact the liabilites have almost doubled in 5 years, nothing else. To the point they have been borrowing half the money of the liabilities each year, they dont have to pay for it currently. Now they have borrowed 340 million to invest in Wall Street so they can keep the abundance of income flowing in their directions by promising they can make money of the taxpayers money at the expense of the taxpayers for their gain.. Even if the city cant afford it, they put the city on the spot fpr 1/3 of a billion dollars to try and be business men and make a profit.. How about being logical and say the city cant afford to keep up and something has to change with their expenditures and liabilites... No that would be to logical, lets just screw the tax payers as long as we can to get money for the unions and votes for the politicians, when all common sense, says to pull back cost and exposures... hence the problems in our country,,,, make someone else pay the price, the taxpayers, your gandkids, whatever works to keep the cash flowing... No different then Wall Street Crooks.... Big Business, Big Government and Big Unions are not the friend of the avg American... I am not knocking you for the investment you made into the american judicial system, it is commendable and highly respect it, dont get me wrong. I am talking about the system that is bring america down, and everyone has culpability to it... But too many have blindfolds on IMO.
The american dream use to be about making life better for your kids, grandkids or the next generations, now it is about making life better for yourself at the expense of the next generations.

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche



Edited 3 time(s). Last edit at 09/15/2012 01:51PM by Crowder52.