Over the years, I’ve noted that a number of evil twins have walked the corporate securities law stage.
Other People’s Money
O.P.M. Leasing Services, Inc. was a large computer leasing company that crashed into bankruptcy on March 11, 1981. Eventually, O.P.M.’s two founders were each sentenced to prison for a financial fraud that reportedly involved over $200 million. One of the founders named the firm based on the claim by Aristotle Onassis that that he made his money with “other people’s money”. David Sarna, The History of Greed, 44 (2010)...
Please see full publication below for more information.