While convicted Ponzi schemer Tom Petters asks that taxpayers shell out for his latest legal expenses, a court-appointed receiver is trying to sell off assets related to the fraud to help make Petters' victims whole. Yesterday, the receiver filed papers saying that a buyer had been found fo ... More >>
The Ponzi schemer also had a foul mouth.
Petters said he was too grief-stricken to be fully in charge of the business, but he also boasted about his deal-making with big merchandisers and his business trips all over the world.
Deanna Coleman said she couldn't take the lying anymore. She said she "couldn't stomach it."
"The Star Tribune was going to do a story about what a great entrepreneur Tom Petters was.... I went to my car chuckling."
Tom Petters told Bob White to Google "Marc Rich", the fugitive financier who was pardoned by President Bill Clinton.
A connection to Michele Bachmann? More graphic testimony.
It's hard to argue with a man on a mission