of the SEC filing announcing the AMJC fraud. Presumably, the scheme was intended to make all AMJC shareholders very rich eventually.
So where is your yacht, fellow AMJC-shareholders? The perps had theirs then and probably still do now.
Based on actuarial assumptions that the shareholders were all adults with an average age of about 45, how many are either deceased or too old to even desire a yacht?
As for the rationale (National Economic Security?), subsequent events have shown conclusively that the scheme was nothing but a scurrilous swindle designed to bind sophisticated investors together in a plot that allowed crooked financial-institutions to deceive their own unsophisticated clients. Like Madoff, these market-manipulators were not competent wealth-managers but rather highly organized opportunists with talents and skills common to clever con-artists. Since they evidently persuaded the world's governments that their motives were high-minded, that their methods were justifiable, and that their measures were necessary, what should happen next?
Obviously, the older AMJC-shareholders cannot wait another 7 years to receive relief. Current conditions are especially favorable for AMJC to fulfill its original destiny to be a consolidator in the luxury-goods industry.