Andrew Racz
Director of Research
300 East 54 Street, Suite 26C
New York, NY 10022
Phone: (212) 319-6949
Fax: (212) 753-1944

Your Money Is Not Yours - Enron & Martin Siegel, Esq

January 28, 2006


In September, 1998, at the age of sixty, I flew to Budapest with the idea of associating with a top-notch Hungarian brokerage firm both in Hungary and the United States, a job which is commonly called early retirement. After all, I worked from age of 14.

About a year later, in 1999, Tarsoly Csaba, the president of Quaestor, a large Hungarian brokerage firm and his closest colleagues, including Peter Ocsody, the Iowa board president of Quaestor-USA, flew to New York with the desire to raise money in New York to buy the tenth largest bank in Budapest. Mr. Tarsoly didn't come here as a refugee the way I came in 1964, but a successful businessman. He is, according to printed material, the fifteenth richest man in Hungary. Young, probably 37 years old today, with a brokerage firm of some 300 people, a group of faithful and talented lieutenants, he came here to America with full pockets--dollars--dollars he earned in ten years since Hungary had a change of government. He landed at Kennedy airport -- he came to do business in the country of immigrants, the country of unlimited opportunities.

Little did Mr. Tarsoly know that his trip, his money, his intentions, are going to set in motion an international financial scandal, about which the public knows nothing but the regulatory authorities in New York are more or less aware. I introduced Mr. Tarsoly to Time McNamara, former Deputy Secretary of the Treasury, who was credited with saving the world in 1998 from the Russian monetary meltdown. He was an old friend. Tim outlined Tarsoly's possibilities and directed us to Fox, Pitt and First Boston.

"Welcome to America," he said. He also encouraged me to call on Donald Regan, the former head of Merrill Lynch, and former Secretary of Treasury. Actually, I knew Mr. Regan well. "Welcome to New York."

They all turned down participation. The emerging markets were four years later in the year 2004-05. Quaestor came early.

Eventually through the good offices of Fox, Pitt, we met Securities Capital which undertook the challenge. We needed to raise money immediately. I took them to Securities Capital Trading, a small Madison Avenue brokerage firm, where the star attraction was Ray Dirks, a well-known character on Wall Street. Among others, Ray Dirks was known to be a small-scale underwriter, with some success and some failures behind him, but he was well known. I knew Ray Dirks for thirty years.

Dirks received the Hungarian delegation and myself at 520 Madison Avenue, 10th floor, which was divided up between two firms. One was Dirks & Co., owned by Jesse Dirks, Ray Dirks' wife, and the other was Securities Capital Trading, owned by Ron Heineman, where Ray Dirks was on paper an analyst but in practice the dealmaker. In any case, the conversation was strictly between the Hungarians, myself and Ray Dirks. Dirks offered the following deal. He needed $94,000 to prepare a letter of intent and the initial research, and then he would raise $35 million at a 10% commission. The proper papers were prepared on Securities Capital Trading stationery and eventually dispatched to Hungary.

Nobody noticed but the bank account which was given to the Quaestor team was a newly opened bank account opened by an individual named Tom Husick, whom I never met and never heard of, who was present at the meeting but hardly said a word. It was all conducted by Ray Dirks himself, which was business as usual. The money was wired and it has become what is called "wire transfer embezzlement".

Quaestor also wired another $200,000 to an Iowa-based brokerage account where Quaestor had an office, to Securities Capital Trading. Mrs. Dirks of Dirks & Co. was coming out with a very hot issue called Log-On America and they were given instructions to do nothing else but buy the new issue at $10. The Quaestor people, Peter Ocsody and Tarsoly, were experienced in the stock market and they knew what a hot issue means. The account was non-discretionary and later it was found out that Dirks did some 40 transactions. He placed 3,000 shares at the underwriting price of $10 to the Hungarians and put 7,000 shares of the Log-On America issue into their account at a price of $30. Within a month the account was down 60%.

An arbitration ensued against Securities Capital Trading and related parties. It was learned that the $94,000 went into Mr. Husick's account who signed all the papers on behalf of Securities Capital Trading. He prepared a menu on Securities Capital stationery, named himself and Dirks as directors. It was a fraud! They claimed it was for European distribution. This is a serious securities violation in America, but reminds me of Dr. Goebbels' propaganda to a Hungarian. Today, in Budapest, a lot of people are still sensitive.

During the arbitration was filed and several unusual issues came to the fore. First of all, Securities Capital was represented by Mr. Martin Siegel, Esq., and Dirks had privately an old friend, Joe Tandet, as his attorney. The preliminary hearings lasted for a year and didn't go particularly well for the Securities Capital group.

I was supposed to be the key witness. I received telephone calls one day from Ray Dirks and half an hour later from his attorney, Joe Tandet, threatening me with a most unusual person, a divorce lawyer called Eugene Wolkoff, Esq., 700 Camino del Monte Sol, Santa Fe, NM 87505, Tel: 505-982-2063, who destroyed my family life and took over half a million dollars in legal fees out of a small dispute of $25,000. Nevertheless, Mr. Wolkoff was a formidable threat because he twice tried to put me in jail. My oldest son Gregory Racz, who is now an attorney, came to court and asked for my imprisonment. Two years later, the Ethical Culture School in New York, a famous private school to whom I gave half a million dollars in tuition for my two children, couldn't wait for the last $17,000 and actually put me in the Bronx Federal Penitentiary.

Ray Dirks basically threatened that if I didn't close the arbitration for $5,000, my wife's house in Southampton, which is worth about $1.5 million, would be taken away. Again, he was a formidable person because in 1999 he actually grabbed my apartment at 444 East 86th Street, a building where Rudolph Giuliani lived, and he grabbed it for $100,000. The current price today would be over $600,000.

Martin Siegel -- and this is where the story begins -- fought tooth and nail for the arbitration to have Mr. Wolkoff as a chief witness with his papers. He claimed four reasons why he could not carry the arbitration without Mr. Wolkoff. The so-called $94,000 wire transfer embezzlement was shown to the FBI and they said they would take up the matter but it was 2002, a year after 9/11. The Hungarians would have to come over to testify. Mr. Siegel subpoenaed and cross examined Mr. Husick, who bluntly said that he paid personal debts because he was just trying to come out of bankruptcy. Actually, we still do not know who Husik was. He took $22,000 out in cash and $22,000 went to an old partner of Ray Dirks, a fellow called John Sullivan. Dirks and Sullivan were partners in John Muir & Co., that went bankrupt. But what happened to the $200,000?

The non-discretionary account, registered in Iowa, turned out to be according to Mr. Dirks, an account on which he was a broker of record, which violated I think state rules, and under cross-examination the following conversation took place.

Q: Mr. Dirks, did you trade these accounts?
A: Yes.

Q: How many transactions did you make?
A: Forty.

Q: Did you discuss the transactions with anybody?
A: Yes, with Mr. Tarsoly or Mr. Zsolt in Hungary.

Q: Did you know that neither Mr. Zsolt nor Mr. Tarsoly do not speak a word of English?
A: Andrew Racz was there.

I categorically deny under oath that I ever knew about this transaction and never participated in them. In any case, to make 40 connections with Hungary requires at least a hundred telephone calls because of the time difference and the non-availability of Mr. Tarsoly. So far no record has been shown Mr. Dirks had permission to make 40 transactions.

It has to be said clearly that the cross-examination of Mr. Dirks was also conducted on the defense side by Martin Siegel, Esq. Mr. Tandet claims some eye problems and Mr. Siegel was present when the conversation took place. Neither during nor after, nor before the arbitration, did Securities Capital where Ray Dirks worked make a special report to the NASD of all the violations of Ray Dirks.

Martin Siegel was active in the arbitration. He subpoenaed records from Hungary and discovered that actually Mr. Tarsoly did not buy the bank and Mr. Siegel used it as an excuse for not returning the $94,000 for which Quaestor received no service whatsoever. In fact, he repeated that since there was no purpose for the research work, the money stays. Mr. Siegel also stated that his wife was Hungarian, but when it comes to the Quaestor money, whether it's wire transfer embezzlement or unauthorized illegal trading, the message is clear to Hungary: Let them eat cake.

We in America know that for a much smaller securities dislocation, Martha Stewart went to jail for five months and her personal and business life was almost torn to pieces. I had my first question about the 40 transactions: Why is Ray Dirks above the law? In thinking through that basically, and successfully, Martin Siegel, Esq. defended Securities Capital, defended Ray Dirks, defended Mr. Husick, he defended the president of Securities Capital. Ronald Heineman. Why is Martin Siegel not instructing his clients to report the irregularities? Why is Martin Siegel above the law?

Actually, I had another encounter, an earlier encounter with Mr. Siegel. I had an $800,000 claim against First Boston for a finder's fee. I never met Martin Siegel but he became the lawyer. He placed his own client, Bishop Rosen, as claimant, and I got, frankly, a message: Let Racz eat cake. Subsequently, when I was angry and at least I have shown sufficient anger, he demanded that I give a release to his law firm and himself. Otherwise, he basically stated I would never be able to work on Wall Street again.

This whole issue bothers me. When I came to America as a penniless immigrant, I had two old suitcases and $700 in my pocket. I had a job arranged with Fahnstock & Co. I knew nobody in the U.S. but I was welcomed. In fact, there is a scene I will never forget. The first day after I settled at the YMCA and the first day after work I went to the Young Democratic Party. It was a political meeting and I must have asked some intelligent questions because the chairman personally not only stood up from his desk, but came forward and gave a very vivid explanation of whatever I asked. Then in a puzzled but polite way, he said "I never saw you here before." To which I answered something which I will never forget, which was one of the proudest remarks of my life. I said, "You couldn't have seen me. You couldn't remember me, because it was only yesterday that I immigrated to the United States of America. Ich bin ein American."

I received an ovation and reception like President Kennedy probably received in Berlin. Many years have passed and America has changed. In 1964, the events I'm relating couldn't have happened.

I have seen in the newspapers and through the Internet that Martin Siegel defended Ken and Linda Lay, saying they should keep the $100 million that they took out from an exchange of stock for cash on a bi-weekly basis. The credit limit was $4 million and in the year 2001 when Enron collapsed, $81 million of other people's money, Enron's people's pension money, went into the pockets of Linda and Ken Lay. The defense attorney was Martin Siegel, Esq.

I cannot help but reflect on the emotional and practical side of the story. In 1964, as a penniless immigrant, I was received with applause among young politically minded Americans. I must have had 25 invitations for dinner and I picked up three dates.

After the end of the Cold War, the 40-year-old Tarsoly Csaba flew over the Atlantic, hard-earned dollar bills in his pocket, desiring to do business in the U.S. He was robbed by a bunch of misdirected brokers. Not only was his money illegally taken away, and had he been here at the hearings and had he had an instant translation, he would have been ashamed that he came to America because Martin Siegel and his clients almost labeled him a con man, as a con artist, as a man who wanted to use America to buy some assets in Europe and the best punishment was to take away his money, Other People's Money. This happened in New York City, in America, in the year 1999.

On my side, a leading Canadian newsletter gave me celebrity status for pulling together the $3B Diamond field-First Boston merger. They asked - What deal would initiate with the Vancouver billionaire next?

  1. He found the Chelakis article re Andrew interesting.
  2. However, the client was Bishop Rosen alone.
  3. He billed for October 1996 $9,566.06 -- for one month alone.

I never appointed Martin Siegel ever. $10,000 a month is $120,000 a year, more than the average pension for a blue-collar Enron employee.

J.P. Morgan . . . where are you? Where are your yachts?

The various characters from Houston and New York can be put together and analyzed, but that's the job of the law enforcement agencies. I have written to Senators. I have written to Senators about what happened but also because I feel that as a Hungarian-born businessman, I have witnessed something that as an American I am ashamed of. Not only am I ashamed but the whole game cost me a substantial sum of money. I did not go to work for Quaestor. Now at the age of sixty-seven, it is unlikely that I will do something which would have been the crowning glory of my life, joining Hungary and America together. The people who stopped this also stopped Mr. Tarsoly from perhaps building up a financial empire in America. His talent and his people wanted to do so.

In life, we dream. I am appealing to the Senators to correct these enormous mistakes from Houston to New York. I trust the Senators will take the appropriate action so that Winston Churchill's words will come true: "The wicked are not always clever, nor do lawyers always succeed."

The practical side is:

Wall Street needs the Hungarian Quaestor


Andrew Racz needs Hungary.

Tarsoly's trip created one more reason to bring about President Bush's Corporate Responsibility Act.

Tarsoly's effort clearly points out that Enron is not an isolated event. Perhaps, most important, Quaestor stood up in New York and said that we need laws that protect our assets.

The moral of Enron and Ken Lay and Securities Capital -- and their lawyers -- is they want to sell the public that "Your money is not yours -- the money belongs to those who grab it".

The above statement is not true!

There are two messages:

First, the Right Hon. Mayor Michael Bloomberg should personally apologize to Csaba Tarsoly. Second is a quote from my Congressional testimony of 1974:

"I immigrated to an America (1964) where people were happy, where Doris Day was still a star."



Information contained herein is based on data obtained from recognized statistical services, issuers reports or communications or other sources believed to be reliable. However, such information has not been verified by us and we do not make any representation to its accuracy or completeness. Any statement non-factual in nature constitutes only current opinions which are subject to change. BERAL INC. or their officers, directors, analysts or employees may have positions in the securities or commodities referred to herein, and may as principal or agent buy and sell such securities or commodities. An employee, analyst, officer or a director of BERAL INC. may serve as a director for companies mentioned in this report. Neither the information nor any comment expressed shall constitute an offer to sell or a solicitation of an offer to buy any securities or commodities mentioned herein. There may be instances when fundamental, technical and competitive opinions may not be in concert. This firm may from time to time perform investment banking or other services for or which investment banking or other businesses from any company mentioned in this report.



Bunker Hunt Article
Posted October 27, 2014

Lamb Realty.
Posted October 15, 2014

Chiquita Brands International
Posted August 20, 2014

Emerson Radio
Posted August 24, 2014

Evercore Partners Inc.
Posted August 5, 2014

Moelis & Co.
Posted July 22, 2014

Torchlight Energy Resources, Inc.
Posted May 21, 2014

Andrew Racz
Posted May 19, 2014

Royal Nickel Corporation
Posted May 02, 2014

Recorded Interview Robert Schermer, CEO
Posted March 15, 2014

Cowen Group, Inc.
Posted March 5, 2014

Pacific Booker Minerals Inc.
Posted February 4, 2014

Sandstorm Gold Ltd
Posted January 24, 2014

Global X Gold Explorer ETF
Posted January 16, 2014

Bring Back Mr. Giuliani
Posted December 24, 2013

Gold Reserve Inc.
Posted October 15, 2013

Premier Diagnostics Health Services Inc.
Posted September 25, 2013

Almaden Minerals
Posted September 3, 2013

Electric Cars In New York City
Posted August 27, 2013

The World Without Gold
Posted July 2, 2013

Remembering Mr. Churchill
Posted June 10, 2013

Financial Transactions in the Digital Age
Posted May 15, 2013

Senator Chester Crandell ( R ) Arizona
Posted May 7, 2013

Explor Resources Exs V
Posted April 14, 2013

The Gathering Storm
Posted April 9, 2013

Vietnam - West of Hong Kong
Posted March 11, 2013

Vietnam – In Peace!
Posted February 26, 2013

Wisdomtree Investments Inc
Posted January 28, 2013

Explor Resources Inc.
Posted November 28, 2012

Oremex Silver Inc.
Posted September 18, 2012

Alphamin Resources Corp.
Posted July 26, 2012

Harvest Natural Resources
Posted July 20, 2012

The Man Who Was Created by Gold
Posted July 06, 2012

Recorded Interview With Zach Erdem, President
Posted June 20, 2012

Nortec Minerals Corp.
Posted May 01, 2012

The Fundamentals of Chesapeake Gold Corporation
Posted April 16, 2012

Jourdan Resources Inc. (JOR.V)
Posted March 20, 2012

Posted February 27, 2012

Gold Index Bonds - To Avoid the Money Traps
Posted February 2, 2012

Monarch Casino & Resort, Inc.
Posted February 01, 2012

QMC Quantum Minerals
Posted january 19, 2012

African Metals Corp.
Posted December 21, 2011

The Crisis That Almost Wasn’t
Posted December 7, 2011

Posted November 18, 2011

The Crisis That Almost Wasn't
Posted November 15, 2011

Ocean Power Technologies, Inc
Posted October 19, 2011

The Mongolian Economic Miracle
Posted October 12, 2011

H. Hunt
The Son of Bunker Hunt
Posted August 24,2011

Sandstorm Gold
Posted August 15, 2011

"Silver At $200
Posted July 29, 2011

"First Majestic Silver Corp
 Posted July 26, 2011

"Interview with Brian Kirwin,
American Bonanza Gold Corp"

Posted July 21, 2011

"Interview with Ian Foreman
Yale Resources Ltd."

Posted June 16,2011

"Interview with Brandon Mckee
Callinan Mines
By Andrew Racz "

Posted June 1, 2011

"Andrew Thompson Interview Soltoro Ltd."
Posted May 15, 2011

"Great Panther Silver Limited"
Posted March 29, 2011

"The 21st Century's Marshall Plan"
Posted March 17, 2011

"Interview With
Houston Hunt"

Posted February 23, 2011

"Esperanza Resources Corp."
Posted February 23, 2011 

"Douglas Lake Minerals"
Posted January 11, 2011 

"Do not bet against Casablanca"
Posted December 10, 2010 

Posted December 8, 2010 

"Full Circle"
Posted November 19, 2010 

Posted November 8, 2010 

SilverCrest Mines, Inc.
Posted October 26, 2010

Cache Exploration, Inc.
Posted October 22, 2010 

Silvore Fox Minerals Corp.
Posted September 29, 2010 

Almaden Minerals, Ltd.
Posted August 16, 2010 

"The Path Of A Hungarian Immigrant"
Posted August 12, 2010 

"Interview With
Mark Hazout -
Silver Dragon Resources

Posted June 24, 2010

"Who Owns Whom At The Final Tally"
Posted June 15, 2010 

"The World Needs
Bunker Hunt.

Posted May 24, 2010 

"Arafura Resources "
Posted April 15, 2010 

"MF Holdings LTD"
Posted April 7, 2010 

"Quest Uranium Corporation"
Posted April 5, 2010 

"Lynas Corporation, LTD"
Posted March 19, 2010 

"Rare Element Resources LTD"
Posted February 9, 2010 

"Mexco Energy Corporation"
Posted January 4, 2010 

"Claude Resources"
Posted December 16, 2009

"The Silver Spirit"
Posted November 25, 2009 

"... from Casablanca to Monte Carlo."
Posted November 20, 2009 

"Sutter Gold Mining, Inc."
Posted November 16, 2009 

"Whose Friends Are They Anyway?"
Posted November 4, 2009

"U.S. Energy Corporation"
Posted October 28, 2009 

"Harris & Harris"
Posted October 13, 2009

"They Made A Difference"
Posted September 30, 2009 

"Bridge Bancorp, Inc"
Posted September 22, 2009 

"Entree Gold - September 2009"
Posted September 3, 2009 

"Who Lost Mongolia"
Posted August 16, 2009 

"Mongolian Prime Minister Sanj Bayar -
A politician of the 21st century"

Posted July 16, 2009 

"Romios Gold"
Posted July 7, 2009 

"The Grand Alliance"
Posted July 6, 2009 

"Sandstorm Resources, Inc."
Posted June 22, 2009 

"Ireland, Inc."
Posted June 16, 2009 

"The Brave New World! - Gold at $1000"
Posted June 5, 2009 

"Claude Resources, Inc."
Posted May 28, 2009 

"Bullion Management Group"
Posted May 11, 2009

"Golden Hope Mines, Inc. - Retraction"
Posted May 4, 2009 

"Silvercrest Mines, Inc."
Posted April 1, 2009 

"Silver Dragon Resources"
Posted February 27, 2009

"In Gold We Trust"
Posted February 26, 2009

"Entree Gold: An Unusual Asset Accumulation"
Posted February 20, 2009 

"The Ultimate Colorful Fate of Edmond Safra, Bernie Madoff, and Governor Bill Richardson"
Posted January 12, 2009

"Silvermex Resources, LTD"
Posted December 13, 2008 

"Prime Minister of Mongolia"
Posted December 11, 2008 

"US Gold Corporation"
Posted December 1, 2008 

"Rubicon Minerals"
Posted November 5, 2008 

"Gold Coins & The Money Game"
Posted October 29, 2008 

"Gold and the Chinese Millennium"
Posted October 20, 2008

"JNR Resources, Inc."
Posted September 30, 2008

"Three Immigrants In Front Of The Court"
Posted September 24, 2008 

Walter J. Hickel Interview"

Posted September 11, 2008

"The Alaskan Queen"
Posted September 9, 2008 

"Evercore Partners, Inc."
Posted September 3, 2008 

"Stalin In The
White House"

Posted September 2, 2008 

"Cal-Maine Foods Inc."
Posted August 4, 2008 

"The Mongolian Revolution"
Posted July 10, 2008 

"Mongolian Newsletter, First Edition"
Posted July 2, 2008 

"Goldsource Mines, Inc."
Posted July 1, 2008

"The Douglas Lake Story In The Age Of Fear"
Posted June 25, 2008 

"Mongolia: The 10th Richest Country in the World"
Posted June 10, 2008 

"North American Gem, Inc."
Posted June 5, 2008 

"The Emergence of Tanzania"
Posted June 4, 2008

"Tanzania - An Up & Coming Mineral & Agricultural Producer In Africa"
Posted June 2, 2008

"Western Potash Corp.

Posted May 12, 2008 

"Judy Garland &
The Subprime Crisis"

Posted April 29, 2008 

"Altek Power Corp."
Posted April 27, 2008 

"Letter to Prime Minister of Mongolia"
Posted April 24, 2008 

"The Mongolian Manifesto"
Posted April 4, 2008 

"Prime Minister Sanj Bayar of Mongolia Receives The Nobel Peace Prize"
Posted March 17, 2008 

"Olympus Pacific Minerals, Inc."
Posted February 28, 2008 

"Tanzania Gold - Douglas Lake Minerals - Harp Sangha"
Posted February 21, 2008

"Warren Buffett Receives A Call From Franklin Roosevelt"
Posted February 19, 2008

"Gold At 2000!!"
Posted February 14, 2008

"Entrée Gold, Inc"
Posted February 11, 2008

"The Unexpected
Mongolian Dilemma"

Posted February 2, 2008 

"Mongolian Gold"
Posted January 8, 2008

"Sir, Do Not Abdicate"
Posted December 27, 2007

"No More Munich -
The Mongolian Version of 1938"

Posted December 11, 2007

"Watergate Saved Nixon's Life"
Posted November 28, 2007

"The Mongolian Wakeup Call"
Posted November 16, 2007 

"Sanj Bayar -
The Prime Minister of Mongolia"

Posted November 15, 2007 

"Stalin & Chavez"
Posted November 9, 2007 

"Tagish Lake Gold Corp."
Posted November 1, 2007 

"Gold Indexed Bonds"
Posted October 11, 2007

"Jasper Mining Corporation"
Posted September 27, 2007

"Ghengis Kahn Returns"
Posted September 27, 2007

"Interview with Professor William Pfaffenberger - Torch River Resources"
Posted September 22, 2007 

"Interview with
Jim Davis - President of Leeward Capital Corporation"

Posted September 4, 2007 

"Interview with
David Hjerpe - Newmac Resources, Inc."

Posted August 27, 2007 

"The Age of Special "Corporate" Relationships"
Posted August 23, 2007

"Entrée Gold Inc."
Follow Up Report #1

Posted July 24, 2007

"Aldershot Resources Ltd."
Posted July 16, 2007 

"Portal Resources"
Posted June 12, 2007 

"Ghengis Kahn Was Hungarian"
Posted May 31, 2007

"Bayswater Uranium Corp."
Posted May 30, 2007 

"Brilliant Mining Corp."
Posted May 22, 2007

"Golden Valley Mines, Ltd"
Posted April 21, 2007

"Warren Buffett - Franklin Roosevelt"
Posted March 15, 2007

"Rubicon Minerals Corp."
Posted March 1, 2007

"Robert Friedland -
The Man of The Year"

Posted February 21, 2007

"Lexam Exploration, Inc."
Posted February 11, 2007

"My Father Died In Auschwitz"
Posted January 19, 2007

"WisdomTree Investments, Inc."
Posted December 26, 2006

"Entrée Gold Inc."
Posted December 13, 2006

"Aero Mechanical Services, Ltd"
Posted November 17, 2006

"This Year I"m Voting For Dick Nixon"
Posted November 7, 2006

"Global Options
Group, Inc."

Posted November 1, 2006

"The Arrival of the
Nickel Billionaires"

Posted October 18, 2006

"The Kennedy-Nixon debate revisited"
Posted October 4, 2006

"Brilliant Mining Corp."
Posted September 17, 2006

"A Matter of Reasonable Doubt"
Ken Lay - Enron

Posted August 30, 2006

"Silver Wheaton - SLW"
Posted August 28, 2006 

"Silver In The
Twenty-First Century"

Posted August 16, 2006

"The Age of Mediocrity"
Posted July 19, 2006

"Let There Be Sunshine"
Kirk Kerkorian

Posted July 12, 2006

"Oil & Gas
Energy Crisis Solution"

Posted July 3, 2006

"I Am An Immigrant!"
Posted June 7, 2006

"Northern Star
Mining Corp."

Posted May 19, 2006 

"Gateway Gold:
It"s A Gold Story"

Posted May 15, 2006

"Ken Lay's Legacy"
Posted May 8, 2006

"The Principal Guest Was Missing"
Posted April 25, 2006

"J.P. Morgan Offers Advice To Ken Lay"
Posted April 11, 2006

"Pocketful Of

Posted April 8, 2006 

"Midway Gold
Posted March 23, 2006 

"Harvest Gold"
Posted March 2, 2006 
"Sparton Resources"
Posted March 1, 2006 

"Interview with
Robert McEwen-
U.S. Gold Corporation
Posted February 22, 2006 

"A Tribute to
Rudy Giuliani
Posted February 15, 2006
"Your Money Is Not Yours"
-Enron & Martin Siegel, Esq.

Posted February 9, 2006

"Other People"s Money -Enron & Martin Siegel, Esq."
Posted January 28, 2006

"Northern Star Mining"
Posted January 16, 2006 
"Sonesta International Hotels Corporation"
Posted December 29, 2005 

"The Currency of Mass Destruction"
Posted December 5, 2005
"Bunker Hunt-Silver-China"
Posted November 28, 2005

"50 Relatives Worse Than Yours"
Posted November 14, 2005

"Then And Now"
Posted November 9, 2005 

"The Business of Hungary is Business!"
Posted October 31, 2005

"Mr. Prime Minister"
Posted October 13, 2005
"U.S. Gold Corp."
Posted September 29, 2005

Posted September 23, 2005

"Mr Clarke -
Call In The Boys"

Posted September 12, 2005
"A Letter To
President Bush"

Posted September 8, 2005

"Mr. Smith Goes To Hungary"
Posted September 1, 2005
"Orko Gold"
Posted August 18, 2005

 "Near Hit"
Posted August 16, 2005

"An African Queen"
Posted August 11, 2005

"1848 and Beyond"
Posted August 4, 2005



Andrew Racz. 300 East 54 Street, Suite 26C, New York, NY 10022
Phone: (212) 319-6949 Fax: (212) 753-1944. E-mail:

Copyright © 2011 Andrew Racz. All Rights Reserved.