Skip to content

STANLEY KATZ, PH.D., PROVES THAT A DOCTORATE IN STATISTICS DOES NOT KNOW THE VALUE OF MONEY

October 8, 2012

Edward Manfredonia

STANLEY KATZ: HAVING A PH.D. IN STATISTICS DOES NOT MEAN YOU MAKE THE BEST CHOICES

In a previous post I have described how Stanley Katz, a member of the American Stock Exchange, boasted to me that he was organizing opposition against a plan by the American Stock Exchange to pay me $1 million to walk away from exposing crime at the American Stock Exchange.

At the time that Stanley Katz was organizing opposition to me, he owned two seats on the American Stock Exchange. The seat owners owned the Amex. His net worth was several million dollars.

Eventually Stanley’s interference cost Stanley $1.5 million.

I wrote to the Tokyo Stock Exchange. My letters and the article, “Scandal On Wall Street,” dissuaded the Tokyo Stock Exchange from purchasing the Amex for $1 billion. (I met an investment banker, who worked on the deal and he gave me information. Additional information on the failed merger came from Jonathan Frey.) Eventually the NYSE purchased the Amex for $280 million. That was a difference of $720 million. There were approximately 1,000 seats for a price differential of $720,000 for each seat. Plus Tokyo was asked to give other financial support, so the value to each seat was approximately $750,000.

Stanley had a Ph.D. in statistics. Yet Stanley could not do simple math. $750,000 x 2= $1,500,000.

Thus if the Amex had paid me $1 million, Stanley alone would have gained $1,500,000.

But Stanley Katz didn’t like the fact that I was exposing his good friend, Robert VanCaneghan, for raping his female employees. After all Katz had earned millions trading the options of Mesa Petroleum, in which the firm of Miceli-VanCaneghan was the specialist. So Katz felt that he should protect his rapist-friend VanCaneghan, who permitted Katz to make millions trading Mesa options.

So earning a Ph.D. does not guarantee a knowledge of simple mathematics. Nor does a Ph.D. guarantee rational thinking- Stanley Katz is proof of this.

Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: