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PostPosted: Tue Jun 23, 2009 8:32 am 
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Pappy's Crappy wrote:
"Yeah, but what I really meant tuh say wuz dat I knowed him fer 17 years, EXCEPT fer dose 34 months he wuz in jail. Den I didn't know him. I didn't know nuttin' about none uh dat. When he got out, den I started knowin' him again."


That's probably about the truth of it though. He knew him 16 years ago and then knew him again when he showed up last year with lots of money, then they are old friends that go way back.

Everybody thinks North is a compulsive liar except for him saying that he's known this guy for 16 years. That's apparently the only thing he was truthful about in everybody's eyes. The truth is likely somewhere in between.

Acquaintance from years ago, shows up with lots of money right when North needs backers, and now they are old friends that go way back (until the shit hit the fans, then the truth of it came out).

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PostPosted: Tue Jun 23, 2009 8:38 am 
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All this because North was too cheap to pay attorneys and accountants to check into this deal for him. There is all kinds of due diligence (Im a CPA) that must be done with any new start up business, especially when you have outside partners and investors.

You would be surprised how much information you can find doing a simple credit check that costs all of $25 bucks or so.

Firms Ive worked at have uncovered all kinds of interesting scams and potential fraudulent schemes that were nipped in the bud due to due dilgience being performed. Hernandez read North like a cheap book. Con men love finding a patsy like this. Hell, North is lucky he came out of this relatively unscathed. Sounds like he was used for his name value and industry connections and he wasnt the one who put up the money for the deal as Hernandez already had raised over 10 plus million.


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PostPosted: Tue Jun 23, 2009 8:46 am 
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If North was doing charity things with DH at his bank, having him over at the house, doing mortgage deals with him, etc., you will never convince me that North didn't know about DH's past at the time he became his Sugar Daddy at Comcast and Webio. Now, whether that leaves Mike with any legal liability (either criminally or in terms of suits by the people he lured into this) is not for me to say; I am not well-versed in that field. I'm jut happy to see his past lies unraveling and him being exposed for the fool he is to a much broader audience out there.


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PostPosted: Tue Jun 23, 2009 8:50 am 
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BehnWilson wrote:
All this because North was too cheap to pay attorneys and accountants to check into this deal for him. There is all kinds of due diligence (Im a CPA) that must be done with any new start up business, especially when you have outside partners and investors.

You would be surprised how much information you can find doing a simple credit check that costs all of $25 bucks or so.

Firms Ive worked at have uncovered all kinds of interesting scams and potential fraudulent schemes that were nipped in the bud due to due dilgience being performed. Hernandez read North like a cheap book. Con men love finding a patsy like this. Hell, North is lucky he came out of this relatively unscathed. Sounds like he was used for his name value and industry connections and he wasnt the one who put up the money for the deal as Hernandez already had raised over 10 plus million.



I am just hoping there is no deal offered Hernandez by the Government and it goes to trial.
North and his wife will have to testify for the Feds.
Only their absolute stupidity, if this is a good week for them, will be exposed and they will be Village Idiots for awhile until they are knocked off the front page.

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PostPosted: Tue Jun 23, 2009 8:54 am 
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Pappy's Crappy wrote:
If North was doing charity things with DH at his bank, having him over at the house, doing mortgage deals with him, etc., you will never convince me that North didn't know about DH's past at the time he became his Sugar Daddy at Comcast and Webio. Now, whether that leaves Mike with any legal liability (either criminally or in terms of suits by the people he lured into this) is not for me to say; I am not well-versed in that field. I'm jut happy to see his past lies unraveling and him being exposed for the fool he is to a much broader audience out there.


You would be surprised how people can hide skeletons in their closets. This guy Hernandez was a pro at it. Dont underestimate how stupid North is. And how his big ego was used against him by a professional con man who knew how to work it to a tee. And recomending a mortgage broker is a nothing transaction. Sounds like he just passed a name to North, they werent doing deals together. I highly doubt North knew of this guys criminal background. He would not have brought his friends in if he did.

People are using Oliver Stone conspiracy level thinking here.


Last edited by BehnWilson on Tue Jun 23, 2009 9:14 am, edited 2 times in total.

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PostPosted: Tue Jun 23, 2009 8:55 am 
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Pappy's Crappy wrote:
If North was doing charity things with DH at his bank, having him over at the house, doing mortgage deals with him, etc., you will never convince me that North didn't know about DH's past at the time he became his Sugar Daddy at Comcast and Webio. Now, whether that leaves Mike with any legal liability (either criminally or in terms of suits by the people he lured into this) is not for me to say; I am not well-versed in that field. I'm jut happy to see his past lies unraveling and him being exposed for the fool he is to a much broader audience out there.



My old man always told me as a kid that there is always somebody tougher than you and always always somebody smarter than you.

North should have received similar life lessons.

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PostPosted: Tue Jun 23, 2009 8:56 am 
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Aggravated Sox Fan Bob wrote:
If Hernandez doesn't cut a deal, Hot Dog guy is on the witness stand proclaiming to the World what a dumb ass he truly is to save his dumb ass.

Hernandez is the big fish here, not North. Not even close. I doubt that North will spend a moment in prison, because he either is exonerated of guilt—not of stupidity—or, if, on the hook at all, will flip on DH.

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PostPosted: Tue Jun 23, 2009 8:57 am 
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Pappy's Crappy wrote:
If North was doing charity things with DH at his bank, having him over at the house, doing mortgage deals with him, etc., you will never convince me that North didn't know about DH's past at the time he became his Sugar Daddy at Comcast and Webio. .


But it wasn't "his bank". Columbia had been around for a while and he was simply a loan officer. Banks are famous for having anyone higher than a teller being a vice president.

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PostPosted: Tue Jun 23, 2009 9:00 am 
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North might get out of this, but will need to legally defend charges and then only the real idiots will continue to sponsor him.

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PostPosted: Tue Jun 23, 2009 9:07 am 
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Poeple are using Oliver Stone conspiracy level thinking here.[/quote]

Which is a lot more fun than just writing North off as just the most gullible fish in the ocean!!!!!!

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PostPosted: Tue Jun 23, 2009 9:12 am 
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MyGuy wrote:
North might get out of this, but will need to legally defend charges and then only the real idiots will continue to sponsor him.


You would think sponsorship would dry up as a company does not want to be assocated with someone who was associated with a criminal, guilt by association. I wouldnt want my company's name linked to his, thats for sure.

But North seems to have a Svengali like effect on a lot of his sponsors (and listeners) which I could never quite understand. I think the psychological term is jock sniffers.

It will be interesting to see how things play out. You would think North would be toast as an on air personality in Chicago but he may be able to find some investors (likely along with some of his own funds this time)to rekindle the web radio thing albeit on a smaller and more fiscally responsible model with more reasonable salaries likely tied to the success or failure of the venture. It would not be a smart investment IMO but as WC Fields said, "There is a sucker born every minute".


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PostPosted: Tue Jun 23, 2009 9:13 am 
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Aggravated Sox Fan Bob wrote:
Poeple are using Oliver Stone conspiracy level thinking here.
Which is a lot more fun than just writing North off as just the most gullible fish in the ocean!!!!!!



I dont know, I find his complete and utter stupidity quite the source of amusement myself.


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PostPosted: Tue Jun 23, 2009 9:20 am 
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I'm not willing to say North is in the free and clear at this point. Once the feds say he is, and the state says he is, then I'll go along.


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PostPosted: Tue Jun 23, 2009 9:27 am 
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When Hernandez was sentenced in 1998, the story was in both Chicago papers. (Yes, I checked the Sun Times archives, too.) The Trib also ran a story the day he pled guilty. This wasn't a matter of Hernandez hiding or covering up something; it was in the papers. For all I know, it may have been on the 10:00 news, too.

By that time, the number of people with ties to Mike who would also have been introduced to Hernandez through these Score remotes, Score charity events, party at Mike's house, etc. that we're hearing Hernandez was at, would have been great enough that I just believe SOMEONE would have seen the story, and put two and two together and said, "Hey, that's that guy we met" and then someone tells someone and someone tells someone else. So far, Tom Shaer and now maybe Fred Huebner have said they knew something. As time goes on, I think more people may admit knowing something about this guy.

Personally, I think Mike knew. For all the fun I make of him, he does read the papers because he's always used material from them on his show--and not just the sports page. And I'm not talking about going back now, more than 10 years after the fact and searching archives like I did--I'm talking about reading it in the paper as it happened in 1998, when all these supposed meetings and encounters with DH were fresh in everyone's mind. And even if he didn't know on his own, Mike doesn't operate in a vacuum. He's got guys, friends, associates, and overlapping circles of people, at least a few of whom would have known where Mr. Hernandez disappeared to back then.

Just my opinion.


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PostPosted: Tue Jun 23, 2009 9:28 am 
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C_Howitt_Fealz wrote:
I'm not willing to say North is in the free and clear at this point. Once the feds say he is, and the state says he is, then I'll go along.



This is not going to be resolved quickly. Feds have a lot of homework to do following and trying to recover as much of the money as they possibly can. It will likely go on for years.
There are likely offshore accounts galore here.


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PostPosted: Tue Jun 23, 2009 9:52 am 
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BehnWilson wrote:
And recomending a mortgage broker is a nothing transaction. Sounds like he just passed a name to North, they werent doing deals together. I highly doubt North knew of this guys criminal background. He would not have brought his friends in if he did.

People are using Oliver Stone conspiracy level thinking here.


I think you're wrong here. First, he was the officer on North's loan as reported previously...he didn't just recommend a broker. Second, given his long familiarity with the guy and Fred's statement about being vaguely aware of his troubles the greater likelihood is that North did know of his criminal past. He likely thought he was straight now because of Next Step and "da mahogany furniture" or he was willing to take the risk because he was desparate for the financing...either is very plausible with this idiot. Given the unbelievable turn of events over the last week or two I'd say Oliver Stone conspiracy thinking is not beyond the pale with this crew.

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PostPosted: Tue Jun 23, 2009 9:58 am 
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The only thing I truly want Mike North to be found guilty of in the court of public opinion and in the eyes of his fellow media professionals is being a lying, ignorant, fool. While I think most people here on this site figured Mike out years ago, those mentioned above have continued to kiss his ass in spite of his screw ups. This Hernandez fiasco must, once and for all, clearly identify to EVERYONE that Mike North is as deserving at another bite at the radio apple as Blago is at becoming governor again. North simply needs to be exposed and sent on his way with suitcase full of teen-ager's shirts in one hand and a jar of Marconi's giardiniera in the other. Only when he has been proven to not be the "street smart", wily businessman he claims to be, and forced into some semblance of humility will I be satisfied.

Of course, if he is found to have acted criminally during this investigation, I hope they throw the book at him. But I honestly don't believe this mental midget had the IQ to knowingly pull off any part of Hernandez's scheme.


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PostPosted: Tue Jun 23, 2009 10:05 am 
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StreetDoc67 wrote:
The only thing I truly want Mike North to be found guilty of in the court of public opinion and in the eyes of his fellow media professionals is being a lying, ignorant, fool. While I think most people here on this site figured Mike out years ago, those mentioned above have continued to kiss his ass in spite of his screw ups. This Hernandez fiasco must, once and for all, clearly identify to EVERYONE that Mike North is as deserving at another bite at the radio apple as Blago is at becoming governor again. North simply needs to be exposed and sent on his way with suitcase full of teen-ager's shirts in one hand and a jar of Marconi's giardiniera in the other. Only when he has been proven to not be the "street smart", wily businessman he claims to be, and forced into some semblance of humility will I be satisfied.

Of course, if he is found to have acted criminally during this investigation, I hope they throw the book at him. But I honestly don't believe this mental midget had the IQ to knowingly pull off any part of Hernandez's scheme.


Well said. I would agree that it is unlikely he knowingly took part in criminal activity but, again, anything is possible. Also, I don't think it is beyond the possible that he would knowingly have gone into business with someone who had a criminal past. That is beyond just stupid but admittedly likely short of criminal wrongdoing.

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PostPosted: Tue Jun 23, 2009 10:16 am 
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To all you lawyers out there: Could Mike North be sued by a Jesse Rogers (just to use his name as an example) because, in presenting the webio job offer to Jesse, Mike didn't disclose facts he knew (assuming it could be shown he knew) about the criminal past of his partner? What if Jesse never asked the right questions? What if Jesse DID ask, point blank, "Is this Hernandez guy legit? Do you know anything about him?" Does that make a difference? How much, if anything, is one required to disclose about one's company and its owners to a prospective employee? How truthful, or complete, must one's answer be if asked?


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PostPosted: Tue Jun 23, 2009 10:29 am 
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Beef Rockmore wrote:
When all is said and done, Mike North will be found guilty by the court system of nothing, and be found guilty by the public of one thing: Ignorance.


But I can see him having to address charges like obstruction of justice, unless he's been telling the truth to the feds all along and his "public" story (I don't know Hernandez) has just been a story. Wire fraud and/or conspiracy to defraud, who was it that got all of the talent to come to this phony entity?

Behn Wilson wrote:
This is not going to be resolved quickly. Feds have a lot of homework to do following and trying to recover as much of the money as they possibly can. It will likely go on for years.
There are likely offshore accounts galore here


Then, as you well know Behn, will come the IRS to get the taxes owed on the untaxed money that was received with the fancy titles and partnership arrangements. Between recovery and taxes, and no income, he's going to get squeezed.


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PostPosted: Tue Jun 23, 2009 10:41 am 
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From today's Trib article:

Quote:
In the Webio case, Hernandez is accused of diverting millions of dollars raised from investors for a payday-loan business for personal expenses and for starting the site. He had promised rates of return as high as 16 percent per month.


16% per month? At that rate, an initial investment of $100K would be worth nearly $600K by the end of 12 months.


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PostPosted: Tue Jun 23, 2009 10:49 am 
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Spinnin' Bucket wrote:
From today's Trib article:

Quote:
In the Webio case, Hernandez is accused of diverting millions of dollars raised from investors for a payday-loan business for personal expenses and for starting the site. He had promised rates of return as high as 16 percent per month.


16% per month? At that rate, an initial investment of $100K would be worth nearly $600K by the end of 12 months.


And that's when anyone considering to give this guy money should have walked away.

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PostPosted: Tue Jun 23, 2009 10:56 am 
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Pappy's Crappy wrote:
To all you lawyers out there: Could Mike North be sued by a Jesse Rogers (just to use his name as an example) because, in presenting the webio job offer to Jesse, Mike didn't disclose facts he knew (assuming it could be shown he knew) about the criminal past of his partner? What if Jesse never asked the right questions? What if Jesse DID ask, point blank, "Is this Hernandez guy legit? Do you know anything about him?" Does that make a difference? How much, if anything, is one required to disclose about one's company and its owners to a prospective employee? How truthful, or complete, must one's answer be if asked?

I don't know but my guess is Jesse will have no recourse. Then again, he seemed comfortable pocketing Hernandez's dirty money even after it was revealed to be dirty. So why push the issue? He has every reason to be pissed at Pappy but I wouldn't be surprised if he works with North again.

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PostPosted: Tue Jun 23, 2009 11:39 am 
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Spinnin' Bucket wrote:
From today's Trib article:

Quote:
In the Webio case, Hernandez is accused of diverting millions of dollars raised from investors for a payday-loan business for personal expenses and for starting the site. He had promised rates of return as high as 16 percent per month.


16% per month? At that rate, an initial investment of $100K would be worth nearly $600K by the end of 12 months.


that sounds reasonable in this economy. :shock: :lol: :lol:

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PostPosted: Tue Jun 23, 2009 11:41 am 
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This is where being a bullshit artist comes back to bite North in the ass.


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PostPosted: Tue Jun 23, 2009 12:36 pm 
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BehnWilson wrote:
North was taken for a fool, plain and simple.


If there weren't fools in this world, there would be no one trying to sucker them.

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PostPosted: Tue Jun 23, 2009 1:10 pm 
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Pookie_Chang wrote:
In Mike' defense, he thought Don Stevens the mayor of Rosemont was an upstanding guy.
He also said the same thing about Joey "The Clown" Lombardo and Fast Eddie V :roll:

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Last edited by Zippy-The-Pinhead on Tue Jun 23, 2009 7:28 pm, edited 5 times in total.

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PostPosted: Tue Jun 23, 2009 1:14 pm 
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Looks like Bernstein is going to be on this today.... especially, that North approached Hernandez.

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PostPosted: Tue Jun 23, 2009 1:16 pm 
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Zippy-The-Pinhead wrote:
Pookie_Chang wrote:
In Mike' defense, he thought Don Stevens the mayor of Rosemont was an upstanding guy.
He also said the same thing about Joey "The Clown" Lombardo and Fast Eddie V:roll:


You beat me to it Zip...He said Joey the Clown wasn't a bad guy and blamed "dem rats".

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PostPosted: Tue Jun 23, 2009 1:19 pm 
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I did a lot of digging this week and I have come to the conclusion that David Hernanadez was this sights very own "Keeping Score".


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