jf is playing a great shell game going in and out of companies leaving behind a group of companies that are now in a mess. Being from another country he is able to basically jump ship and move on. I always knew this from the number of companies that he did start. The problem is the amount of debt that he leaves behind. He is very good at what he does or he would not be as rich as he is.
I'm new here but I've invested in a two other Fredriksen stocks in Oslo and I have to disagree. The dividends have been pretty good to me so far. I don't ever recall reading that Mr. Madoff paid any dividends to any of his investors, only payouts were made to the first folks in on his pyramid scheme. I think your comparison is shameful and without merit!!!!