Wednesday, October 26, 2011

Et tu, WSJ? « Don Surber
Richard Muller’s skepticism is a fraud. A hoax. A charade. A hot heaping pile of that word my mother won’t let me use.
'Death bonds', carbon credits, and landbanking: Warning as market woes spark boom in boiler-room scams
The Financial Services Authority was flooded by a ten-fold increase in calls relating to carbon credits – the biggest new threat to unwitting investors - between July and September.
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A proliferation of boiler-room outfits pushing fake carbon credits on naïve victims is a serious concern. The FSA says smooth-talking 'boiler room' criminals, who cold-call the vulnerable and elderly to sell worthless or non-existent investments, are ditching shares in favour of CO2 emission tokens that can be traded for money.

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