Anyone here work at 777?
Curious to hear what it's like right now and what they have said to expect.
They have made some interesting investments.
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In the age of Google, I cannot for the life of me understand how anyone trusted these guys with money. This is going to make a great HBO documentary soon.
Can you save us the google time and share some of your favorite highlights?
One of the founders nearly went to jail for cocaine trafficking
They’re going down the toilet
long story short, they invest [too much] highly regulated insurance capital in risky investments. big no-no and I can’t imagine NAIC is happy with ACAP (others should correct me if they have a more refined understanding of the situation)
ACAP like the insurance firm? What do they have to do with 777?
Just read it and that’s hell of a story. Really curious to know how substantiated the claims of Leadenhall, one of the investors which filed a lawsuit, are when it presents them as “operating a giant shell game at best, and an outright Ponzi scheme at worst."
"...but wait, there's more..."
lol
Imagine giving money to a firm called 777 LOL, I guess it's all a casino baby!
must be a melt down going on over there
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