Continuing in our battle against those who are Too Big to Fail & Too Big to Jail; we now present to you the Traub Bonacquist & Fox ("TBF") law firm - and the United States Trustee's Motion to Disgorge TBF for $1.6 million (here). Paul Traub's firm began to get punished for lying under oath seventeen (17) times; but that all stopped when the Department of Justice Deputy Director over the Executive Office of United States Trustee's (Mr. Lawrence Friedman) - RESIGNED!
On March 7, 2001, our eToys.com entity filed for bankruptcy protection in the Wilmington, Delaware Bankruptcy Court ("DE BK Ct") (DE Bankr 01-706 (2001)). At that time several firms were hired to handle the case. Morris Nichols Arsht & Tunnel ("
MNAT") became the DE BK Ct approved law firm for eToys (the "Debtor"). Yours Truly had his Collateral Logistics, Inc., ("CLI") firm approved as the Liquidation Consultant. CLI was the sole authority over eToys tasked to "Maximize returns at minimum expense". At the same time Paul Traub's TBF law firm became the DE BK Ct approved law firm to represent the Official Unsecured Creditors Committee. What MNAT and Paul Traub are lying to the Delaware Bankruptcy Court, eToys shareholders, honest creditors and the Department of Justice about - are their conflicts of interest.
Though MNAT confessed Goldman Sachs and Traub's TBF admitted that Barry Gold (President/CEO of eToys) is Traub's secret partner. What those firms continue to commit Perjury about; and attempt to cover up. Is that MNAT, Paul Traub and Barry Gold all have secret relationships with Bain Capital. The reason this is germane is that MNAT & Traub's TBF swore by Affidavits that there are NO Conflicts of Interest. When they got "caught" on Goldman Sachs & Barry Gold issues they were Ordered to "come clean". They had to continue their lying; because if they confess they secretly work for Bain Capital and sold eToys to Bain/ Kay Bee for reduced prices - They are going to go to jail like John Gellene.
These frauds occurred while Romney was still CEO of Bain Capital in 2001!
Lawyers Go To Jail For Bankruptcy Fraud & Perjury
.
------------Unless They are Too Big to Jail Attorney - Mitt Romney
Mitt Romney was CEO of Bain Capital in 2001
.
By now, most are aware that Mitt Romney gave false testimony about when he left Bain Capital as CEO. MoveOn.org even sent an Official Letter to the United States Government seeking an "official" federal investigation on the matter.
When Romney got "caught" - his team claims he was "retroactively" retired.
Here's President Obama's campaign "Truth Team" with PROOF that Mitt Romney was still CEO of Bain Capital until August 2001. This date is extremely important as Mitt's team does now confess Romney was "technically" CEO of Bain Capital until August 2001; but that Mitt "retroactively" retired back to February 11, 1999.
It really is this simple. If MNAT and Paul Traub are connected to Romney and/or Bain Capital in any way; then a bankruptcy fraud occurred when MNAT & Traub sold eToys assets to Bain Capital (Mitt Romney CEO) that owned Kay Bee Toys (Michael Glazer CEO). This is why MNAT and Paul Traub continue to lie; and why Mitt Romney claims he was retroactively retired. Here's much proof Romney was CEO in 2001.
Cause Al Capone can simply "retroactively" retire from Organized Crimes - RIGHT!
There's NO statute of limitations on this crime; because it doesn't begin to run until after the bankruptcy case has closed. MNAT, Traub and Romney couldn't let the eToys & Kay Bee bankruptcy cases (yes, KB went belly up too) - close before now; otherwise yours truly could have sued them somewhere else. They had to stay where they were; because they were benefiting from federal corruption. The Statute of Limitations ("SOL") last for five (5) years; once the bankruptcy case closes.
Who wouldn't want to do a solid for POTUS wannabe Romney!
Mitt Romney's own BIO, his private attorney for his off shore tax havens (R Bradford Malt) and the book written about Pitten's all state that he was CEO of Bain Capital until (at least) 2001. As is detailed in Kranish's book "The Real Romney"; Mitt's biography said the following -
Full Name: Willard Mitt Romney Party: Republican Political Office: Governor of Massachusetts, 2003-2007 Business/Professional Experience: Pres., Salt Lake Organizing Committee (for the 2002 Olympic Winter Games), 1999-2002;
.
CEO, venture capital/leveraged buyout firm Bain Capital, 1984-2001
.
Date of Birth: March 12, 1947 Place of Birth: Detroit, MI Education: B.A., Brigham Young University, 1971; J.D., Harvard University, 1975; M.B.A., Harvard University, 1975 Spouse: married Ann Davies, 1969 Children: son Taggart, born 1970; son Matthew, b. 1971; son Joshua, b. 1975; son Benjamin, b. 1978; son Craig, b. 1981 Religion: Mormon Home: Belmont, Ma
As everyone is well aware, Romney had his paper trail/records of the Olympics destroyed. When he ended his time as Governor of Massachusetts, his team spent nearly $100,000.00 to buy up all the computer hard drives and have them crushed.
Because destroying evidence is what organized crime bosses do!
Unfortunately for Mitt, there's one database that yours truly knew Romney's team hadn't wiped clean yet; because it was not necessary to alert anyone about the federal archives of the Securities Exchange Commission's SEC Info websites.
As you can see the book "Real Romney" was published in 2007; thus it was written before that time. Until 2008, every organized criminal helping Mitt Romney believed Mitt was going to become POTUS. They also "believed" they had destroyed all the evidence tying Romney to the eToys/ Kay Bee crimes.
Assumption is the mother of all frug ups!
We also have Mitt Romney himself to thank. His hubris permitted him to brag much about the fact that millions of dollars each year has been paid to Mitt Romney from Bain Capital. Hence, if Bain Capital benefited from fraud - even if Romney has now successfully destroyed all emails and such providing proof he knew a fraud was transpiring - it is still a fact that Romney benefited from fraud.
Why Traub's TBF Faced a Motion to Disgorge for $1.6 million
.
When MNAT & Paul Traub's TBF firm tried to push forward the sale of eToys hundreds of millions of dollars in worth of bankruptcy estate assets to Bain/Kay Bee for only $5.4 million; CLI halted the auction process and forced the sales prices up to tens of millions of dollars.
Of course, at that time, yours truly, the creditors, the court (and purportedly the Dept. of Justice) had no idea that MNAT and Traub both had relationships to Mitt Romney and Bain Capital; because such is obvious (Real SERIOUS) bankruptcy fraud of major proportions.
One would think the attorneys in the eToys bankruptcy case would be super happy that my CLI firm was able to get back nearly $50 million into the eToys bankruptcy case cash accounts. Attorneys usually churn out 50% of the money in a broke company's case. Instead of 1/2 of $3 to $5.4 million; MNAT and Traub had tens of millions of dollars they could Bill at $500 per hour.
However, as evidence will show below, MNAT and Paul Traub were directly linked to Romney & Bain Capital. Whereas eToys is their client only once; Bain Capital can now remain a client for life (especially since you are helping them steal hundreds of millions of dollars at a time).
Though my CLI staff didn't fire Toby Lenk and other executives at eToys; yours truly was forced to fire everyone he could. This made many at eToys upset with Laser/CLI; because they were getting paid a double bonus during the bankruptcy. You won't believe it, but "here's the proof" that MNAT asked for (and received) permission to DOUBLE the salaries of eToys employees during a bankruptcy. This is why the New York Supreme Court case of eToys v Goldman Sachs is Under SEAL (see NY Times March 2013 article "Rigging the I.P.O. Game").
So the bad faith parties now had everyone at eToys upset about yours truly. But, MNAT & Paul Traub had a pesky Laser Haas and his CLI entity to deal with. They offered me a bribe of $850,000 and a chance to be a partner of the important Romney. Who gives a [c]hit. The inducement to sell out clients seemed natural to those who were Already Selling Out their Court Approved Clients. They got really pee'd off when the inducement was reported to the Department of Justice. They had connections there too (more on this below); but they needed yours truly out of the way.
That's when Barry Gold entered the picture. MNAT & Paul Traub convinced the Creditors and I that a new CEO is needed to handle the complexities of the SEC and the New York Supreme Court litigation. As it was, yours truly was getting 400 emails every day, 500 phone calls and hundreds of employees being let go each week. I was glad to get more professional help - that I could trust.
Unfortunately, Barry Gold also had secrets. He was the partner of Paul Traub. Thus he could only be approved to work eToys if he lied to the court (or so I thought). What happened was - Barry Gold NEVER applied to the Delaware Bankruptcy Court for approval - until after MNAT, Traub and Barry Gold locked yours truly & CLI out of eToys.
Now you wondering how that could happen - Right! This is simple to explain also. Mitt Romney and Bain Capital had other influences that yours truly wasn't aware of. In 1999 Romney & his associates owned a company named 'The Learning Company"
Chairman of the Creditors Committee in eToys was a man from Mattel. In 1999 - Romney's The Learning Company was merged with Mattel. It is listed in Wikipedia (here) - as the worst corporate acquisition in all corporate history; because Mattel investors lost $3 billion quickly. But Romney & his cohorts received 12 million shares of Mattel's stock. So it was easy to force the Chairman of the eToys Creditors Committee into early retirement. Then they got rid of yours truly with Barry Gold usurpation.
Conclusion of Romney Issues
.
We have proof that Mitt Romney was CEO of Bain Capital until (at least) August 2001. Our eToys entity filed bankruptcy on March 7, 2001. The assets of eToys were sold to Bain Capital/ Kay Bee Toys. With Mitt Romney as CEO of Bain Capital during that time and Michael Glazer as CEO of Kay Bee at the time. MNAT, Traub and Barry Gold made excuses to reduce prices to Bain Capital/ Kay Bee; while they were court approved to work for eToys and the Creditors.
In MNAT, Paul Traub and Barry Gold lied under oath to get their jobs; and then sold out their court approved clients - that would be Bankruptcy Fraud via PERJURY.
There's NO reasonable doubt that MNAT, Barry Gold and Paul Traub lied under oath. It is now CONFESSED. This is why we have the Disgorge Motion of Traub Bonacquist & Fox for $1.6 million. Because Paul Traub and Barry Gold are partners. Being that Traub is the Creditor and Barry Gold is the Debtor in eToys; that's not kosher. Creditor & Debtor are required by Bankruptcy Law (and also the BAR Professional Code of Conduct) to be 100% "arm's" length from each other. So that there can be 'good faith" negotiations.
Otherwise - we have a BANKRUPTCY RING of Organized Criminals!
It is a fact that the whole reason the Bankruptcy Law was changed, where attorneys had to ask the courts permission to be employed in a bankruptcy case; is due to the fact that Congress knew lawyers do sneaky crimes in federal estate cases. Congress coined the phrase for this as a "Bankruptcy Ring" of offenders. The 3rd Circuit (that has jurisdiction over eToys btw) - stated in the case of In re Arkansas - that;
“It is significant that Congress chose to place the requirement of court approval for the employment of an attorney, accountant, or other professional by the creditors committee directly in the Bankruptcy Code in 1978. 11 U.S.C. § 1103(a). The legislative history makes clear that the 1978 Code was designed to eliminate the abuses and detrimental practices that had been found to prevail. Among such practices was the cronyism of the “bankruptcy ring” and attorney control of bankruptcy cases. In fact, the House Report noted that “in practice . . . the bankruptcy system operates more for the benefit of attorneys than for the benefit of creditors.” H.R. No. 595, 95th Cong., 2d Sess. 92, reprinted in 1978 U.S. Code Cong. & Ad. News 5963, 6053”
To prove there's a
Bankruptcy Ring in eToys - we need see the LINKS that provide proof that MNAT, Traub and Barry Gold are lying (concealing/deceiving) everyone about their connection to Mitt Romney/ Bain Capital in 2001 (when Mitt was CEO).
If it is true that MNAT, Paul Traub and Barry Gold are concealing their association with Mitt Romney/ Bain Capital; then they are also concealing their ties to Kay Bee Toys/ Michael Glazer (CEO of Kay Bee in 2001).
That Bankruptcy Fraud would make John Gellene look like child's play.
It would also be a fact that, if Mitt Romney was lying, concealing the issue that he was CEO of Bain Capital in 2001, that he knew about the schemes & artifices to defraud; then he could also go to jail for Obstruction of Justice - as well as being the CEO of an entity benefiting for Organized Crimes.
There's public docket record proof MNAT, Traub & Gold= Bain
Proof that MNAT, Paul Traub & Barry Gold are ALL directly Connected to Mitt Romney & Bain Capital
.
MNAT Links to Mitt Romney & Bain Capital
MNAT handled the sale of "The Learning Company" with Mattel. Where Mattel investors reportedly lost $3 billion in what Wikipedia remarks is the Worst Corporate Merger of All Time. Proof that Romney and his associates are part of the Learning Company (here) & (here) and (here).
Proof MNAT handled the Merger of The Learning Co with Mattel (here).
When their bribe offer of yours truly failed, they simply upped the ante in the Kay Bee Toys case. As is discussed by Matt Taibbi in his "Greed and Debt" story; Michael Glazer was the CEO of Kay Bee who paid himself $18 million and Bain Capital $83 million - before filing bankruptcy of Kay Bee Toys.
Proof MNAT represents Bain Capital in the $83 Million Fraud (here)
Now that is very important. Not only is MNAT linked to Bain Capital; the MNAT law firm (that is court approved to represent eToys - who sold its assets to Bain/KB) - is illegally working in both cases. Thus, MNAT's conflict of interest is plain to see.
Barry Gold's Link to Romney/ Michael Glazer / Kay Bee
In eToys, Barry Gold was brought on board to help get better returns for the eToys shareholders and eToys estate. He (originally) didn't file any applications to the Delaware Bankruptcy Court to be approved. The reason for that is - as is testified by the United States Trustee in the Disgorge Motion of TBF; the parties were FOREWARNED not to replace any executives at eToys with anyone connected to the retained professionals of eToys bankruptcy estate. (See Disgorge Motion parts 19 & 35 - HERE).
So, to escape Barry Gold from having to lie to the Federal Court, MNAT and Paul Traub came up with a master scheme. Barry Gold simply wouldn't apply. Yes, it is true, that doing such is against the law; but they were breaking the law from day one - may as well protect at least one guy from doing perjury.
Gold's Hiring Letter (here) unlawfully permits him to ignore the Law
It is the old trick of legal fine print. It says in the Hiring Letter that Barry Gold will seek the approval of the Delaware Bankruptcy Court. Then (surreptitiously) - the next few sentences give Barry Gold the (unlawful) choice - NOT to apply to the Delaware Bankruptcy Court. This is proof of premeditated criminality, when you combine it with the United States Trustee's Disgorge Motion testifying the parties were warned in advance not to pull this very stunt. That they did then plot to do in secret.
Proof Barry Gold is connected to Romney/ Bain/ KB case and Michael Glazer
1 - Romney owned Stage Stores (Taibbi "Greed and Debt")
2 - Michael Glazer was the Directors Assistant of Romney at Stage Stores (here)
3 - Stage Stores current CEO is Michael Glazer (here) after he left Kay Bee
4 - Barry Gold was the Director's Assistant Stage Stores (here)
Thus, we have proof that MNAT is equal to Romney/ Bain (and hence Bain/Kay Bee). We also have proof that Barry Gold worked for Stage Stores/ Romney/ Glazer immediately before all of them went to eToys and played -Merry Go Round and pretended to be opponents to one another.
But it gets better.
Barry Gold testified during his Deposition of February 9, 2005 that he gets jobs from Jack Bush. He did not know that yours truly would learn that Jack Bush is a Bain Capital employee - as executive in Jumbo Sports, IdeaForest and Stage Stores. (btw - Jack Bush lives in Dallas; but we don't know IF he is related).
Barry Gold hired Paul Traub for Romney's Stage Stores (here).
That's right! We couldn't believe our eyes either. Romney owns Stage Stores. Jack Bush and Michael Glazer are his executives; and Barry Gold was the executives assistant at Stage Stores - who HIRED Paul Traub's TBF law firm. You have to pan all the way to the VERY end of the PDF to see Barry Gold's signature (here).
And it get's better - Still....
Paul Traub got "caught" in Stage Stores, for his supplication of bogus Affidavits that FAILED to disclose his conflict of interest links with Jack Bush and Barry Gold. So TBF was compelled to supply a Supplemental Affidavit in Stage Stores (here). The only thing that matters to the parties of interest in Stage Stores - is IF Traub had ANY undisclosed relationships. As he details in his TBF Supplemental, he had several with Barry Gold (who became a full partner of Traub's before Gold was illegally inserted into eToys).
MNAT, Barry Gold and Paul Traub = Romney/Bain/ Kay Bee/ Glazer
.
Thus we have Paul Traub and Barry Gold working for Mitt Romney/ Michael Glazer at Stage Stores before and during eToys. We also have Paul Traub testifying that he paid Barry Gold four (4) payments of $30,000 each = from his TBF law firm - from January 2001 to May 2001. (See the Transcript of the Delaware Bankruptcy Court direct examination of Paul Traub on the stand March 1, 2005 (pages 60 through 69 -
HERE).
We also have the MNAT law firm working for Romney interests before eToys case (the Learning Company) and during eToys case where Bain Capital illegally received $83 million from Michael Glazer (who paid himself $18 million) - before Glazer filed Bankruptcy of Kay Bee.
MNAT Defends Bain and Paul Traub seeks to Prosecute Glazer/Bain
You have to realize that the racketeering crooks believed their Bankruptcy Ring had already gotten away with it all. So they steal as much as possible and refuse to share it with anyone else. They don't have to; because they've got another Mitt Romney "retroactive" secret of Federal Corruption (in a moment I'll give it to you). So, MNAT, Traub and Barry Gold are ALL IN on how much they can steal from eToys and Kay Bee. As we noted above, MNAT represents Bain in the $83 million that Michael Glazer paid Bain Capital, when he paid himself $18 million; before filing bankruptcy of Kay Bee (you can see the link again - HERE).
And Traub asked to be the one to Prosecute Glazer/Bain (here).
Now, what is even more ironic in all of this, is the fact that Paul Traub is committing another federal fraud and acts of Perjury in the Kay Bee Toys case; where he is asking to be the one to prosecute Glazer/Bain. But - OF Course - Traub is not informing the court that he works for Glazer/Romney/ Bain in the Stage Stores case. The arrogance appears to know NO bounds of remorse or relent.
Traub is doing Kay Bee Fraud -while being Punished for eToys fraud.
That's correct. In case you haven't noticed, the Motion to Disgorge Traub Bonacquist & Fox ("TBF") firm is dated February 15, 2005 (see - HERE). While Paul Traub's TBF firm is purportedly being punished, he is over there in the Kay Bee Toys case - helping out another $100 million in fraud. As that paper of Traub seeking to prosecute Glazer/Bain is dated February 11, 2005 (here).
All this is easy to do when you OWN the Federal Prosecutor!
Mitt Romney Owned a United States Attorney
.
It is undeniable that fraud and perjury transpired in eToys; as MNAT and Traub have already confessed. Then why weren't they punished. John Gellene went to jail for 2 false affidavits; Traub and MNAT have confessed to 34 false affidavits (and have in fact deceived at least 100 times in eToys, Kay Bee, FAO Schwartz - etc). The eToys frauds alone are tens of millions of dollars; plus the hundreds of millions of dollars by Goldman Sachs (that is MNAT's client). So why is there no punishment?
Because MNAT partner Colm Connolly was made a U.S. Attorney August 2, 2001
That's it in a nutshell. The whole reason Mitt Romney most likely lied on his Federal Election Forms and claimed he had NOTHING to do with Bain Capital in any way after February 11, 1999 - is that the Learning Company, Stage Stores, Kay Bee and eToys frauds all happened after then. So Romney claims he was "retroactively" retired from Bain Capital in August 2001; back to February 11, 1999.
Wouldn't Capone love the "retroactive" I wasn't there when crimes happened move?
Romney claims he wasn't at Bain Capital during the time of August 2001; back to February 1999. That just so happens to be the very same exact time that Romney/ Bain law firm MNAT had a partner - Colm Connolly - who left MNAT on August 2, 2001; in order to become the federal prosecutor to investigate/prosecute MNAT, Traub, Barry Gold, Michael Glazer, Mitt Romney, Goldman Sachs and Bain Capital frauds.
As a good U.S. Attorney - you Can't investigate your former partners & clients!
Right?
Goldman Sachs Law Firm Partner Was a U. S. Attorney For 7 Years
.
Now this is the REAL BIG story. It is Mitt Romney's ultimate "retroactive" secret. If Matt Taibbi would simply be allowed to point out this fact, by just asking the question of "How is it that Goldman Sachs and Bain Capital were not investigated by the Delaware United States Attorney Colm Connolly; who worked for the MNAT law firm that represents Goldman Sachs and Bain Capital"?
Then this whole case would be over!
Here's the proof from the
Department of Justice Office of Legal Policy permanent ARCHIVED website; it is the
resume of Colm Connolly that shows he was an Assistant United States Attorney until 1999. At that time he then became a partner of MNAT. Then in August 2001 Colm Connolly was promoted out of MNAT to the post of United States Attorney of Delaware.
Where Colm Connolly then refused to investigate his former partners & clients!
And that's not the rest of the story. When I reported this to the Public Corruption Task Force in Los Angeles on December 7, 2007, when the answer was due 12 weeks later, the Department of Justice Public Corruption Task Force was SHUT DOWN and career federal prosecutors were purportedly THREATENED to keep their mouths shut or ELSE!
See the L.A. Times story "Shake-up roils federal prosecutors"!
CONCLUSION - Paul Traub's TBF was just Slapped on the Wrist
.
Just yesterday, a comment party said that the $750,000 fine paid by Paul Traub's TBF was a major sanction. That I should agree. While it is true that most people don't even make $750,000 in a lifetime; it was not much money to Paul Traub. Additionally - if your remember - the Disgorge Motion was for $1.6 million. It was reduced from that amount to only $750,000 by Federal Corruption; which is easy to get away with when the Boss possesses his very own corrupt United States Attorney.
I DON"T agree that Traub was punished. It was a slap on the wrist!
In the eToys case, Traub, MNAT and Barry Gold are all lying under oath to be successful in their schemes & artifices to defraud a federal estate. That's Bankruptcy Fraud. They've also done bribery, conspiracy, federal corruption, mail fraud, wire fraud, Schemes to Fix Fees, intimidation of victim/witnesses and retaliation against yours truly. That's just a few of the vast felony violations. They did this and get away with tens of millions in bankruptcy fraud, plus they are assisting the Goldman Sachs fraud and Kay Bee Toys $100 million fraud.
The $750,000 fine by Paul Traub was a chump change slap on the wrist!
But, thus far, no one has been arrested, indicted, prosecuted and/or convicted; due to the fact of federal corruption. An issue that was compounded further by the fact the perjury & fraud benefited Goldman Sachs, Bain Capital and POTUS wannabe Mitt Romney.
But Romney Didn't Make it!
If one runs for President of the United States, in the hope of getting the "friendly" United States Attorney General that Sheldon Adelson claims he was putting out $100 million in funding to benefit from; should those people go to jai?
Or are they Too Big to Fail (in fraud schemes) and Too Big to Jail?