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06-29-2017, 07:16 AM | |
Rabbi Goldmann
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Clinton Portis: wanted to murder financial manager
Ex-Redskins RB Clinton Portis was ready to commit murder until friend talked him out of it
Former Washington Redskins running back Clinton Portis contemplated killing one of his former financial managers after losing millions of dollars in various investments, helping to wipe out part of his NFL fortune. In a story published by Sports Illustrated, Portis recounted a night four years ago in which he sat in a car outside a building, holding a gun and awaiting one of the managers he felt had ruined him financially. Portis had made $43.1 million in his nine-year NFL career, but most of it had either been spent or lost through investments or, as one lawsuit asserted, bank withdrawals without his consent. An anonymous friend, a television producer who had been trained as a family therapist, talked him out of committing murder. But Portis said he went there, sitting in his car late at night outside a building in Washington, D.C., with one purpose. "It wasn't no beat up," Portis told Sports Illustrated. "It was kill." The story does not specify whom Portis was awaiting that night in 2013, saying he was looking for one of several managers who had handled his funds. But Portis told the publication that if he had seen the person before settling down: "We'd probably be doing this interview from prison." http://www.espn.com/nfl/story/_/id/1...r-fortune-lost |
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06-30-2017, 01:16 PM | #61 |
Mama Tried
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Boo ****n hoo
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06-30-2017, 02:04 PM | #62 | |
Constable of Untruths
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Quote:
Portia was a victim, but he was dumb as **** too. |
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06-30-2017, 02:09 PM | #63 |
Psycho Bag Of Squanch
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There are some smart mother ****ers that have been swindled by advisors. The very nature of a fiduciary position makes it possible. Most people know to hire a financial advisor but they aren't shown how to hire an auditing firm or attorney to regularly review them let alone sign their own checks.
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“Education is a weapon whose effect depends on who holds it in his hands and at whom it is aimed.” Joseph Stalin |
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06-30-2017, 02:26 PM | #64 |
Banned
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06-30-2017, 03:02 PM | #65 |
Veteran
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06-30-2017, 03:25 PM | #66 | |
NFL's #1 Ermines Fan
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Quote:
I do the online self-directed stock stuff, and I got a call from the brokerage. The dude said, "Hi, I'm xxxx and I'm your broker. I just wanted to call to see if you'd like to meet to get some investment counseling." I don't remember if he gave me an account number or something, but he said something that made me pretty sure that he was a legit employee of this brokerage. I had no interest in it and had never heard of this guy, who sounded like he was fresh out of college, so I said no. Then he said, "Well, I'm looking through your holdings, and you've got XXX stock and YYY stock, and I think I can get you in something better." At that point, I respond with "Who the f**k are you and why are you looking at my stock holdings?" I chased him off pretty quick, but it really bugged me. This was just some guy at this company, and he was poking around in my account and used the information to make a sales call. It made me wonder exactly who has access to what in my account. I can implicitly understand that someone there has access just for technical or regulatory reasons, but with an online brokerage account is there someone "assigned" to look at my account periodically or regularly?
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06-30-2017, 03:31 PM | #67 | |
Psycho Bag Of Squanch
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Quote:
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“Education is a weapon whose effect depends on who holds it in his hands and at whom it is aimed.” Joseph Stalin |
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06-30-2017, 03:42 PM | #68 |
Supporter
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06-30-2017, 04:19 PM | #69 | |
Rabbi Goldmann
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Quote:
People have advisor-directed accounts, esp rich people. Judging from your posts, I can be assured you ain't one. |
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06-30-2017, 04:30 PM | #70 |
Constable of Untruths
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Really? Anytime you want ant to compare bank accounts, I'm game. If Portis had millions of dollars in investments and he let his financial advisor move his money around in large amounts without his prior authorization and didn't have someone else auditing his funds on a scheduled basis, he's dumber than your posts on racial issues.
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06-30-2017, 04:30 PM | #71 | |
NFL's #1 Ermines Fan
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Quote:
We've gotten calls before from this or another brokerage offering services, and they're legitimate calls even if I don't really welcome them. Now that I think about it, they've said, "You have more than xxx assets, so you're eligible for this", so they're at least seeing my balance. But it really bugged me that someone I've never met or heard of was inside my account looking at my stocks.
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06-30-2017, 04:30 PM | #72 | |
Rabbi Goldmann
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Quote:
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06-30-2017, 04:34 PM | #73 |
Constable of Untruths
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06-30-2017, 04:38 PM | #74 | |
Rabbi Goldmann
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Quote:
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06-30-2017, 04:44 PM | #75 | |
Psycho Bag Of Squanch
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Quote:
Accumulating wealth be it on a small personal scale or a large scale is work. Successfully managing it is a separate, challenging kind of work.
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“Education is a weapon whose effect depends on who holds it in his hands and at whom it is aimed.” Joseph Stalin |
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