Nexium

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Another Dimension60
Posts: 291
Joined: Sun Jun 15, 2008 7:28 pm

Nexium

Unread post by Another Dimension60 »

just saw this on Rick Ross's website....

The fantasic financial failures of Keith Raniere

The Albany Times-Union front-page story this Sunday featured the fantastic financial failures of Keith Raniere, leader of a purported "cult" near Albany, New York known as NXIVM (pronounced Nexium like the purple antacid pill).

It seems some of Raniere's devotees became the bank for his business schemes, which culminated in fantastic losses.

Perhaps those investors may prefer the antacid pill now to further financial advice from NXIVM, also known as "Executive Success Programs."

Raniere, a former multi-level marketing guru that saw his previous business Consumer Buyline go bust, has reportedly blown through about $100 million dollars of other people's money.

That is, funds primarily provided by two heirs to the Bronfman/Seagram fortune, Sara and Clare Bronfman.

According to the Times-Union report Raniere lost "$65 million" through commodities speculation, "26 million" in failed California real estate deals and spent millions more in legal fees.

But Mr. Raniere, known as ?Vanguard? to his faithful followers, apparently attempts to deflect any meaningful personal responsibility by blaming his failures on former business associates, the ?negative thoughts? of others and ?outside forces.?
More at Cult News.com
Another Dimension60
Posts: 291
Joined: Sun Jun 15, 2008 7:28 pm

Unread post by Another Dimension60 »

Rick Ross's webpage - http://www.cultnews.com

Also found some interesting posts on that message board re Buckminster Fuller in particular and the misuse of his "philosophy" by Burstyn group; and how these manipulative groups in general use other 'famous' people's material, and twist it around for their own purposes. .... much better articulated by others:
http://forum.rickross.com/read.php?4,5931,page=2
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