Football Muppets


From Investment News:

A Florida broker was barred from the securities business for recommending to 31 National Football League players that they invest in a casino project that led to losses of more than $40 million, industry regulators said today.

The Financial Industry Regulatory Authority Inc. said broker Jeffrey Rubin of Fort Lauderdale, Fla., recommended the unsuitable investment and failed to get approval from his firms to be involved in the securities deal for the now-bankrupt Alabama casino.

In case in needed to be said, football player: please don’t buy into a casino development project with your stockbroker.


Broker barred after casino tip allegedly cost 31 NFL players $43 million (Investment News)

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