Many continue to reflect on the complicated dynamics of the Federal corruption debacle that I have reported upon and ask that it be stated in simple/layman terms.

Succinctly - the www.MNAT.com Law firm represents Bain (a multi Billion company formed and managed by Mitt Romney), MNAT also represents Goldman Sachs. MNAT also handled the merger of Learning Co (an entity owned by Romney and his related companies) that then Merged with Mattel Toys.

MNAT did NOT disclose the fact that these relationships existed when it supplied affidavits to the DE Federal Bankruptcy Court seeking to be the eToys Debtors Court approved counsel.

It is now confessed by MNAT that it failed to disclose the Goldman Sachs issues. So it is also admitted that MNAT supplied over 14 False Affidavits to the DE Federal Bankruptcy Court.

When you/I/or any average American supply False Affidavits it is called Perjury.

MNAT has done so as an Officer of the Court (when you approved by the Court to work in the Court you become an Officer of the Court).

The US Supreme Ct has stated in the case of In re Hazel Atlas Glass
FindLaw | Cases and Codes

Fraud on the Court, vis-a-vis officers of the court - is so extensively heinous and egregious - that there are NO statute of limitations on the issues involved.

One of the very first orders MNAT sought was the Destruction of Books n Records - this is Collusion to Defraud the estate.

MNAT also helped in a Conspiracy of Paul Traub's to put in Barry Gold as President and CEO of eToys secretly.

This is also Collusion

MNAT & Traub kept it hidden for 4 years, that Barry Gold was a paid associate of Traub's firm and a partner with Paul Traub in company(s).

The Bankruptcy Code n Rules are written to assure that there are NO Conflict of Interests (a polite verbal way to make sure there is NO Collusion to Defraud an Estate)

How Congress drafted the Bankruptcy Code/Rules was with the intent to Make Sure that Creditors and Debtor are to remain Ethically and Legally diametrically opposed. For a bankruptcy case is a Public Estate - so much so there is even a Bankruptcy Rule that states that there can be rulings that there is NO attorney client privilege.

For a Bankruptcy estate is now a separate entity from the person or company that filed the bankruptcy petition - and all matters are to remain Open Book - the company cannot seek to be in bankruptcy protection and have any Secrets!

Putting Barry Gold in SECRETLY was a scheme to fool the court and all parties of interest.

What makes it even worse is that the US Trustee's office testified (parts 19 & 35 of this Motion http://petters-fraud.com/DisgorgeMot..._6_Million.pdf ) that the US Trustee FOREWARNED the parties NOT to replace any executives of the Debtor with anyone connected to the retained professionals of estate.


The Disgorge Motion concludes - while only addressing 3 of the NOW known 100 crimes - that Fraud on the Court transpired (see part 35 of http://petters-fraud.com/DisgorgeMot..._6_Million.pdf )

Stealing eToys assets

So what transpired is MNAT & TBF asked if they could - were told Not To and decided to secretly go ahead and commit the crimes anyway - despite the authoritative warning of the Dept of Justice United States Trustee's office.

Additional crimes include the fact that eToys is suing Goldman Sachs = because Goldman Sachs took eToys public in 1999 for over $78 per share (purportedly $8 billion in worth) but eToys only rec'd $16.50.

MNAT acting as if it was doing a solid good faith jesture - offered Traub and Barry Gold to handle the Goldman Sachs case (NY Supreme Court case 601805/2002)

Barry Gold the President/CEO of eToys and Paul Traub's firm also worked for Goldman Sachs in the NY Bankruptcy case of In re Cosmetics Plus.

And Barry Gold/Traub worked for Stage Stores Bankruptcy that is Co-Debtor with Liquidity Solutions and owned by Mitt Romney and other Bain personnel including Michael Glazer.

Michael Glazer was also CEO of Bain/KB Toys at that time.

Paul Traub confessed that he paid Barry Gold 4 payments of $30,000 each prior to putting him within eToys after Barry Gold left Stage Stores.
( see Transcript pages 60 thru 69 http://petters-fraud.com/TranscriptM...s_60thru69.pdf )

So what happened is MNAT, Traub and Barry Gold basically seized the assets of eToys for themselves. The most heinous crime there is in Bankruptcy.

MNAT also represents Bain.

Without disclosing these conflicts of interest Barry Gold, MNAT and Traub sold eToys to Bain/KB for discounts in the tens of millions of dollars.

Including the fact that I had sold eToys.com to Bain/KB for $10 million and MNAT, Traub/Barry Gold reduced that to $3 million (and we do not know if even that smaller amount was paid)

This is Collusion to Defraud the Estate over and over and over again.

If you are going to break the Law and the Police refuse to arrest you - why not Steal Everything?

Collusion of Selling eToys assets to Bain/KB

No in 2004 I am supposed to get paid for my work and paying eToys expenses. When the DE Court approved of my company (CLI) becoming the liquidation consultant - eToys was going to sell everything to Bain/KB for only $5.4 million.

Instead I found $2 million in hidden cash overseas, sold eToys.com for $10 million, sold eToys boxed inventory and stuff for over $7.5 million and got many millions for furniture fixture and equipment (FF&E)

So eToys wound up with over $45 million in cash.

Instead of thanking me for a job well done - MNAT, Barry Gold, Traub and Ellen Gordon of Xroads LLC (Barry Gold's secretary Court approved financial consultant)

They all tried to destroy every single sales effort by dragging their feet, finding fault and worse.

Then in 2004 my own attorney (Henry Heiman) emailed me a threat from Susan Balaschak (Balaschak was an attorney with Paul Traub's firm)

She and Heiman (My own attorney) threatened me that if I did not Back Off - they would destroy my career, make sure the Court did not pay me and additional retaliations would transpire

And he actually felt so protected he emailed the Obstruction of Justice threat to me.

I reported it to the Justice Dept Trial Attorney Mark Kenney who was so mad that they were stupid enough to email me the threat - he made a lapse linquae (slip of the tongue) and said all Barry Gold / Paul Traub issues were handled in the case of In re Bonus Sales (DE Bankr 03-12284)

That is where I found the smoking gun of the vanity letter Affidavit that had Paul Traub and Barry Gold's name as Co principals of Asset Disposition Advisors (ADA).

Research of ADA provided proof that all 17 + Affidavits by Paul Traub and the on the stand testimony of Barry Gold that he was not connected to him - was totally false.

This Smoking Gun http://petters-fraud.com/Asset_Dispo...onus_Sales.pdf

Knock yourself out Laser.

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Bank Loan Crimes

There is a book out entitled "Eat What You Kill" the Fall of a Wall Street Attorney.
Milton C Regan, Jr.: Eat What You Kill, University of Michigan Press

It is the case of In re Bucyrus 94-20786
Where the law firm Milbank & Tweed attorney Gellene failed to review a preferential while submitting Rule 2014/2016 Affidavits stating there was NO conflict of interests.

Turns out a Goldman Sachs guy loaned $35 million and Gellene kept the relationship hidden from the Wisconsin Bankruptcy Court.

He got caught and went to jail, Milbank & Tweed had to disgorge $1.9 million in fees lost a $20 million dollar lawsuit.

Paul Traub and MNAT knew that eToys was filing bankruptcy in Oct 2000. The Bankruptcy was stymied because Johnson & Johnson wanted to acquire BabyCenter.com from eToys outside of the 90 day Rule window.

Meanwhile Traub arranged for Foothill Capital to Loan $40 million to eToys.

Foothill Loan transacted over $100 million and that $100 million went to Wells Fargo (who owns Foothill)

Traub, Barry Gold and Xroads (Ellen Gordon's company) all have an Undisclosed relationship with Wells Fargo.

Even gets worse (MUCH) - I had a deal lined up where eToys (internet retail) would merged with Playco retail stores. Traub refused to even discuss the deal- Turns out Traub was attorney in that case. Compounding the issues further Wells Fargo was the lender.

Now why would Traub not want the lender he loans money to from getting a higher bid????????

Does not matter - the very fact that Traub nixed the deal without revealing his connections is an additional crime

Crime of stealing money from eToys

Additionally Stage Stores (that Barry Gold and Paul Traub worked with before coming to eToys) was Co-Debtor with Liquidity Solutions

Speciously Liquidity Solutions began buying up the eToys claims right after Barry Gold was SECRETLY planted within eToys.

There remains only $4.6 million in cash - so every penny that Traub and Barry Gold paid out to a Liquidity Solutions claim is an additional crime of Collusion to Defraud an Estate.

Remember also that Bain, Romney and Romney's company Sankaty (from Bermuda) all owned Stage Stores
http://petters-fraud.com/Proof_Bain_...tageStores.doc

Here is proof that Barry Gold's friend (whom he confessed gets him jobs for years) is Bain/Stage Stores Mr Jack BUSH
http://petters-fraud.com/Proof_Bain_...tageStores.doc

Barry Gold and Paul Traub also got Caught in Stage Stores being Collusive by Credit Suisse.
So Traub put in this Supplemental Affidavit
http://petters-fraud.com/StageStores..._BarryGold.pdf

Now the Affidavit is obviously full of Bull as it states Over n Over - that Barry Gold did not help Traub get engaged. But in Stage Stores Barry Gold is the one who signed the letter to hire Paul TRaub.

and if you take that evidence to eToys - where eToys happened AFTER Stage Stores - you can now see how much perjury and schemes the parties are engaged in.

So every time Traub and Barry Gold paid eToys monies to Liquidity Solutions it was a scheme to Defraud the Estate.

The scheme is sooooo collusive that Traub, MNAT and Barry Gold actually petitioned and rec'd the DE Federal Court's permission that Barry Gold could pay any item under $1 million without seeking the Court's permission - the only permission required was the Creditors and the Creditors attorney is Traub.
http://petters-fraud.com/eToys_confi...lionissues.doc

And if you really want to laugh about something
The Court approved Confirm Plan of eToys states that the Plan Administrator (Barry Gold)
cannot have transactions with any related party
http://petters-fraud.com/eToys_Confi...ed_Persons.doc

But you have to remember - at that point in time - they believed that No one would ever discover their Schemes!

Crimes of the Dept of Justice in DE and National

So one would think that now that they are caught, the Police (the US Trustee) would stop the crimes and go after the bandits. Such was not what happened here.

The Deputy Director of the Dept of Justice in Washington DC as Director of the Executive Office of United States Trustees (EOUST) emailed me his personal assurance that the issues would be resolved.

He replaced the Region 3 Trustee (DeAngelis) with a press release timed the very day of our Emergency hearing (Dec 22, 2004)
U.S. Trustee Program/Dept. of Justice Press Release

Then the Asst US Trustee Frank Perch put in the Motion to Disgorge that is above

Now comes the strange part - the Disgorge Motion mentions only Traub and nothing about MNAT.

Then Mark Kenney, the DOJ Trial Attorney for the DE US Trustee's office put in a Stipulation to Settle that gave Paul Traub's firm illegal immunity
http://petters-fraud.com/US_Trustee_...F_immunity.pdf

The WHEREAS clause within states

"WHEREAS the United States Trustee shall not seek to compel TBF to make additional disclosures"

That is to say - the US Trustee, the Police who have the job (as it states on the US Trustee's website) to monitor professional fees and halt fraud
U.S. Trustee Program/Dept. of Justice

Bankruptcy FraudDetecting and combating Bankruptcy Fraud is a U.S. Trustee Program priority. For information on how to report suspected bankruptcy fraud, click here.


That same police/watchdog was giving Paul Traub's firm the permission to admit to one crime and keep silent about Wells Fargo, Liquidity Solutions, Bain, Goldman Sachs etc. etc.,

So we dug deeper as to what they were seeking to hide and found out that Kay Bee Toys was also a bankruptcy and Kay Bee had paid Bain/Michael Glazer $100 million prior to filing Bankruptcy.

Also Barry Gold, Paul Traub and MNAT were working in the Kay Bee Toys bankruptcy case.

That alone is a Conflict of Interest with the eToys case =
but wait - it gets better (or worse depending on your point of reference)

For MNAT has a smoking gun there - they are representing Bain in the $100 million dollar preferential and Paul Traub actually had the unmitigated gall to petition the Kay Bee Toys Judge for the right to be the one to prosecute the Bain/Michael Glazer $100 million dollar fraud.

Sort of like Frank Nitti asking to be the Judge at Capone's trial.

Now for the real sweet thing.

The DE Dept of Justice Mark Kenney - instead of saying your right Your Honor - this stuff has gone Way Too Far and needs to stop now.

Nope - instead of halting the crimes - Mark Kenney Obstructs Justice and petitions that Court to Strike n Expunge the Evidence
http://petters-fraud.com/KenneyKB_Obstruction_2228.pdf

When we report this stuff to the Deputy Director Friedman who promised remedy
He Resigns
U.S. Trustee Program/Dept. of Justice Press Release

We also find out that the Replaced Region 3 Trustee - Roberta DeAngelis was quietly and speciously promoted to General Counsel of the EOUST.

This is significant because the FBI, SEC, Public Integrity Section, OSC, OPR, OGE, OIG and President Bush Corp Fraud Task Force told us to contact the General Counsel of the EOUST.

Where DeAngelis was Secretly in charge of investigating her own cases.

And then we find out that the DE US Attorney Colm Connolly who was refusing to investigate or prosecute MNAT - was a partner with MNAT in 2001
The Very year the Fraud n Perjury began in eToys
For all we know he actually worked on the case or for Bain/Goldman Sachs

The Dept of Justice Office of Legal Policy has made Colm Connolly's resume vanish

But we found another copy here
USDOJ: United States Department of Justice Archive - Office of Legal Policy

We also documented to the DE DOJ how Abramoff's partner Johann Hamerski threatened eToys shareholders.
Everyone said we were nuts - that Abramoff had nothing to do with DE Bankruptcy courts - but you can see that is bull here
http://petters-fraud.com/Congress_Co...STpg12of50.pdf

The powers that be tried to make that evidence vanish as well
http://oversight.house.gov/abramoff/...01.pdf#page=12

We report all of this to the US Attorney in central CA where the DOJ Public Corruption Unit is (and eToys is physically located in CA)
http://petters-fraud.com/Clocked_18_USC_3057_A.pdf
That US Attorney responds by shutting down the Public Corruption Unit and actually THREATENING career Asst US Attorneys to keep their mouths shut or Else!
Shake-up roils federal prosecutors - Los Angeles Times

Additional Material Adverse harm since 2005

When people say it is no big deal, they are only stealing from Laser Haas - who gives a dam - right!

Not so - there is still the NY Sup Ct case of eToys v Goldman Sachs (actually ebc1 v Goldman Sachs because they sold the eToys name to Bain)

Knowing that we caught them by faux pas in the public docket record - nearly 1/2 of the entire NY Supreme Court record is Under SEAL

Additionally Paul Traub then became associate with Adelphia - and the Rigas brothers there got 15 years.
Paul Traub also worked for Okun 1031 Tax Group and OKUN got 100 years in Prison
(and Michael Fox (Traub's former partner at Traub Bonacquist & Fox worked for the Creditors/Trustee in 1031 TaxGroup Bankruptcy (same BS again)).

Traub also became partner with Marc Dreier who is now doing 20 years in prison

and Traub was partners with Tom Petters - the Billionaire who is now on trial (at jury this week) for $3 billion in fraud.

And in MN seeing that Traub could get away with anything Petters is using Doug Kelley to fleece those creditors a 2nd time.

No one really cares because this is not their problem.

But it IS

It is everyone's Dept of Justice utilizing Tax payer dollars to assist Organized Crime

It is a Dammmmm shame that No one - not even the Press has the guts to care about That!

Duh - look above - I already have!

No one cares about your schizophrenic posts here.

Incorrect - others from here email me directly.

You are on a campaign to thwart our efforts to tell the truth here;

WHY??????

The URL is Delaware Talk Online