"My relationship with JP Cohen and Memory Lane"----From Marshall Fogel.

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Posted By: <b>Marshall Fogel</b><p>I am posting this for my friend Marshall Fogel. I think Marshall is a little better with words than computers <img src="/images/happy.gif" height=14 width=14>. <br /><br /><br /><br /><br />To JP<br />From Marshall Fogel<br /> <br />Dear JP<br />I now have a reason to publicly express my account of what I think of you.<br /> <br />I preface my opinion with what are the essentials to a valued business and personal relationship with another. Those values, important to me, are honesty, fairness directed towards others, compassion, and trust.<br /> <br />You have more then met my threshold requirments as to these values.<br /> <br />I have, for a rather long period of time, been aware of your troubles and your ultimate accountability due to your employment in telemarketing. <br /> <br />However, the mitigating factors are more than compelling. When you were 15 years old, your mother was in a healthy relationship with the man that you viewed as a mentor and from whom you sought guidance. Ultimately, you participated in his telemarketing business. Your youthfulness brought with you inexperience, unbridled enthusiasm, and a real sense of naivety. These are forces that contrast to the culpability of all the adults that comprised the inappropriate telemarketing decisions.<br /> <br />To that end, it is clear to me that you fit the ancient Greek philosophy--suffering brings wisdom. You never lost your values that I believe you always possessed. You were compromised by your youth, stupidity, and inexperience. Since your experience, I can attest that you have earnestly applied the wisdom and the maturity to enforce and to protect your always existing values that cement our relationship and your relationship with others.<br /> <br />It is with these thoughts that I am confident that I speak for so many collectors and dealers who have exhcanged millions of dollars of value with you, and who, as I do, also value your presence in the collectible industry and your friendship.<br /> <br />Sincerely,<br /> <br />Marshall<br /><br /><br /><br /><br />edited the "author" part above....this letter is from Marshall

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Posted By: <b>Jeff Lichtman</b><p>Weak.<br /><br />

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Posted By: <b>James Feagin</b><p>Why weak?

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Posted By: <b>E, Daniel</b><p>Perhaps you might pass that letter along to all the people fleeced by a Mr JP Cohen, I'm sure they would be impressed. <img src="/images/sad.gif" height=14 width=14><br />No doubt his immaturity up until 5 years ago is a crutch we would all like to keep in the closet for when we commit acts of gross criminality.<br />Sadly, this letter does nothing for my opinion of Mr Fogel.<br /><br /><br /><br />Sincerely<br />Daniel<br /><br />

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Posted By: <b>Frank Evanov</b><p>Inappropriate post. We will all make our decisions on JP on our own. Testimonials aren't really necessary.<br><br>Frank

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Posted By: <b>James Feagin</b><p>For the record, I'm all for redemption and giving second chances to someone. However, in an industry that is so sensitive as ours, automatic acceptance based on positive dealings can be a slippery slope. Perhaps if Mr. Cohen came back into the industry after doing substantial community service and long-term retribution, folks might be persuaded?

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Posted By: <b>Steve M.</b><p>Ditto.

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Posted By: <b>howard</b><p>Leon, can you enable audio on this forum? That letter needs some violin music.

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Posted By: <b>Cat</b><p>I wouldn't mind having Marshall write my eulogy. It almost brought a tear to my eye (ALMOST). <img src="/images/happy.gif" height=14 width=14>

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Posted By: <b>E, Daniel</b><p>was this letter from M. Fogel solicited by yourself or someone you know for this PR exercise, or does Marshall frequent the board as a lurker?<br />If he does follow the board, I sure wish I had heard from him before this on issues regarding the hobby he could offer so much to, and not have his first offering be in support of someone who RUINED many other people's lives.<br />I would also love to know if Mr JP Cohen makes any voluntary ongoing restitution to his victims, such that he may repay his debt to them and truly display redemption of character and soul.<br />Surely James, you would think that a reasonable act of personal renewal?<br /><br />Daniel

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Posted By: <b>Peter_Spaeth</b><p>So a man who apparently pleaded guilty and served two years give or take for defrauding the public is first victim and now hero? Well, it's America, anything is possible.

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Posted By: <b>john/z28jd</b><p> So basically he's saying he knew about JP's past and kept it to himself until it came out on a public forum and his name got brought up in association? <br /><br /> Well,that's nice

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Posted By: <b>Sean C</b><p>If you were aware of his prior bad acts and punishment, have you at any time questioned how it is that someone who was financially unable to provide restitution to the victims a few years ago is now able to run a multi-million dollar auction house?

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Posted By: <b>Anonymous</b><p>While sentiment and affection cannot wipe away sins and wrongs done to others, the testament of positive dealings by a very significant collector is not insignificant.

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Posted By: <b>barrysloate</b><p>This is a self-serving response that has more to do with Marshall being able to acquire the PSA 8 cards he so covets. We all made mistakes in our youth, myself included, but mine didn't include fleecing people out of millions of dollars. Sorry, but this is meaningless drivel.

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Posted By: <b>James Feagin</b><p>I think personal renewal and trying to right that to which you have wronged is always a good first step of repentance. Continued good behavior is also important in building a relationship of trust. I fully realize that Mr. Cohen might be capable of building an honest living for himself in the future, I'm just not sure this is the industry for him. In an environment that is so sensitive (and rightfully so) to propriety, sustained personal integrity is paramount. Does anyone know of Mr. Cohen's pre-Memory Lane hobby involvement? Personally, I'm more concerned about the lack of bio's on the website and the possibility of shilling with these new records, that is my personal opinion.

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Posted By: <b>Anonymous</b><p>That's quite an indictment of Mr. Fogel Barry.

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Posted By: <b>David Vargha</b><p><font color=blue>Has JP taken the fifth and that's why others are doing his "bidding" for him?</font><br><br>DavidVargha@hotmail.com

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Posted By: <b>MikeU</b><p>Has Fogel even been active in purchasing cards the last couple of years. He was a pioneer in the registry during the genesis, but has since been surpassed by many. <br /><br />His letter is not insignificant, but it is certainly tainted to some extent. Fogel is a PSA employee and MemoryLane is a significant customer to PSA. I can not fathom this letter not being written without solicitation and some form of duress or obligation. <br /><br />I would be more interested in statements from Don Luchious and/or Don Spence. They are also PSA HOF collectors, but I do not think they are actually employees. Their viewpoint would, I believe, be less contrived. <br /><br />

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Posted By: <b>James Feagin</b><p>Exactly Barry, most 15 year-olds are not incoherent pawns without the ability to differentiate between right and wrong. As for Mr. Fogel, I suppose being a famous baseball card collector apparently lends more credence to their testimonial, a veritable star-power of ephemera, which I think is pathetic.<br /><br />

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Posted By: <b>barrysloate</b><p>I call it as I see it. If Mr. Cohen wants to truly turn his life around he should find some spiritual endeavor, not run a million dollar baseball card auction business. If there were ever a place where people of questionable ethics could continue their shenanigans, it's selling baseball cards. As Jeff Lichtman pointed out, it's a completely unregulated industry. I have no idea how Mr. Cohen runs his business but I am not convinced he has found the light. What I think he has found is another way to make a lot of easy money. Marshall should be able to see that but ideals and truths can easily be pushed aside in pursuit of those coveted set registry cards. Sorry, I just don't feel like mincing words.

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Posted By: <b>David Vargha</b><p><font color=blue>Well, we do know that several threads that were started about JP Cohen on the CU boards were unceremoniously removed this weekend by the powers that be. Perhaps Joe Orlando is taking them down so he can make a speech this Monday on WIWAG, JP Cohen, Dan McKee and the mysteriously disappearing pallet of PSA slabs from their parking lot a few years back. Yeah, I'm sure that's what the thought process must be.</font><br><br>DavidVargha@hotmail.com

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Posted By: <b>Jeff Lichtman</b><p>Does anyone think Greg will be getting a nice fruit basket from Memory Lane this coming Christmas?

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Posted By: <b>Frank Evanov</b><p>I too would like to know who has been soliciting testimonials for a convicted felon. Is a Papal missive next??<br><br>Frank

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Posted By: <b>Cat</b><p>I remember when I was 15 me and some friends loaded a few water balloons and when the school bus came by we heaved as many as we could at the bus. One went right through one of the open windows. A couple kids got really wet. Some kids saw me and the school bus driver called my mom. BOY, did I get in trouble for that one. I didn't do any hard time in the state penetentiary but the point is: we've all got our skeletons.<br /><br /><img src="/images/happy.gif" height=14 width=14>

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Posted By: <b>Peter_Spaeth</b><p>In my opinion, it is one thing to take issue with the substance of Mr. Fogel's defense of Mr. Cohen (and I do), it is quite another to speculate that his motives are less than pure or that his sentiments (although we may believe they are misguided) are less than genuine.

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Posted By: <b>Jeff Lichtman</b><p>Cat, imagine if your shennanigans had lasted for 15 years...oops, I mean your 'troubles.'

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Posted By: <b>David Vargha</b><p><font color=blue>Last time I checked, tossing water balloons wasn't a federal felony.</font><br><br>DavidVargha@hotmail.com

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Posted By: <b>cmoking</b><p>I see nothing wrong at all with Marshall Fogel's letter. It's good to see his opinions and see that he is willing to stand up for JP Cohen. I don't understand why so many people here, including many of my friends, have a problem with this letter. All it is, is MF's opinion, it doesn't matter if it differs from yours or mine...we can all choose to let it influence us or not.

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Posted By: <b>MikeU</b><p><br />"In my opinion, it is one thing to take issue with the substance of Mr. Fogel's defense of Mr. Cohen (and I do), it is quite another to speculate that his motives are less than pure or that his sentiments (although we may believe they are misguided) are less than genuine."<br /><br />Lets not be naive, taking issue with the substance and questioning motives are not very far removed. I clearly defined why I personally feel the motives may be less than pure. I certainly could be wrong, but those questions are without doubt in my mind. They should be in the mind of any collector that puts 5 minutes of thought into the matter e.g.:<br /><br />1. Fogel does work for PSA. <br />2. MemoryLane is a significant customer of PSA's. <br />3. MemoryLane's auctions are nearly 100% PSA cards. <br /><br />I am not trying to bash PSA, if that is what you are truly trying to defend. What I can tell you is that MemoryLane will never get another penny from me. Cohen's crimes, in my mind, are entirely too contrived and evil for me to personally ignore. Financially, I am very conservative and socially I am liberally responsible. I have personally done many things in my life that I regret and I have family members and friends that have also contributed to the wrongs of society. None of which comes close, in my mind, to the scams of J.P. Cohen. Add that to the fact that there are several other industry sources that provide more cards than I can ever personally afford and it makes it an easy choice for me not to use MemoryLane, regardless whether or not Cohen is "born again." <br /> <br />

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Posted By: <b>leon</b><p>I didn't solicit Marshall's (hi Marshall) opinion. He called me and we spoke about it. He told me what he wanted to do and I told him my thoughts and how this might be perceived, which it has been the way I thought and alluded to. regards

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Posted By: <b>Peter_Spaeth</b><p>The only person I am defending is Marshall Fogel, about whom I have never heard a bad word uttered and who, I presume until shown otherwise, is speaking his sincere personal beliefs. I disagree with what he has stated, but I can separate that from questioning his integrity.

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Posted By: <b>barrysloate</b><p>So Leon- why didn't Marshall just write his own letter? Why did he ask you to get in the middle of it?

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Posted By: <b>Larry</b><p>CMOKING- You are so correct...<br />No matter what has occurred, everyone is entitled to state their opinion even if we disagree...and no one should be ridiculed one way or another.<br /><br />JP has been liked and respected by many in the industry. That does not exonerrate him from his wrongful past. He has to live with this revelation of a wrong doing that has obviously hurt many people and I am sure has hurt his own inner being. This does not mean anyone should crucify anybody else that feels they should state in this forum a positive opinion of how JP has transacted in this particular industry.<br /><br />I sincerely hope and pray that JP Cohen can find a path back to correct his life mistakes and try to make amends over his lifetime, using his obvious talents and abilities productively. As far as baseball cards go, it is pretty insignificant compared to what really counts in life for we will all leave our legacy and memories when we pass.

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Posted By: <b>dennis</b><p>if you make a lot of money illegally , go to jail for rhe crime for 2 years. get out. you are allowed to keep the money you have acquired in this manner?

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Posted By: <b>JimB</b><p>Mike,<br />What makes you think Marshall Fogel works for PSA?<br />JimB

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Posted By: <b>Dan Bretta</b><p>I don't understand why Marshall Fogel can't post here himself. Everytime he wants to communicate with us Leon has to post it.<br /><br />If you can set up an email account you can surely figure out how to register here to post.

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Posted By: <b>Frank Evanov</b><p>The PSA site lists Mr. Fogel as an employee expert for sports photos:<br /><br /><a href="http://www.collectors.com/experts.chtml" target="_new" rel="nofollow">http://www.collectors.com/experts.chtml</a><br /><br /><br />BTW, for the record, Cohen's crimes were committed while he was in his late 20's...not as an "innocent 15 year old."<br><br>Frank

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Posted By: <b>MikeU</b><p>"Mike,<br />What makes you think Marshall Fogel works for PSA?<br />JimB"<br /><br /><a href="http://www.psadna.com/experts.chtml" target="_new" rel="nofollow">http://www.psadna.com/experts.chtml</a><br />

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Posted By: <b>Brian</b><p>Isn't Fogel a lawyer?

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Posted By: <b>leon</b><p>Marshall asked me to post a letter for him. I did. He wrote every word. I got in the middle because a friend (he) asked me to post a letter for him. I have done much, much more for people I know far less....Please don't let my innocent posting for him take anything away from the intent of the thread. I really had nothing to do with it, except operationally. I guess if someone wants to make a big deal out of it they can....

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Posted By: <b>barrysloate</b><p>I am missing something- did he ask you to type this because he doesn't know how to access this site? I think due to the nature of his testimonial and all the acrimony this topic has brought, this is something he should have done entirely himself. Not blaming you Leon for helping, just think if I were him I would want my statement to be totally independent.

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Posted By: <b>leon</b><p>From the part where he addresses JP to the part where he signs off is pretty obvious. I understand your point but I really think me technically posting it is very insignificant and has absolutely nothing to do with this thread. Nothing at all. Otherwise, maybe he should have physically posted it himself. I don't think it's that big of a deal....Like I say I have helped many folks operationally with the board and will continue to do so.

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Posted By: <b>warshawlaw</b><p>"if you make a lot of money illegally , go to jail for rhe crime for 2 years. get out. you are allowed to keep the money you have acquired in this manner?" In general, unless there is a restitution order as part of the criminal case, it is up to the people who were defrauded to sue and get their money back. In this case, a class action would have been the likely vehicle for getting back the donations. The statute of limitations on fraud is 3 years from discovery in CA. I have no idea whether anyone has sued him but odds are the time to chase the bastard has passed.<br /><br />As far as Marshall's letter, uh, ok, thanks for your opinion. Has no bearing on my opinion.

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Posted By: <b>Tom Boblitt</b><p>it's odd he didn't post himself but I don't see why anyone would be so up in arms about Leon cutting/pasting something probably from an email into the thread. Someone buying million dollar cards SHOULD be able to post on a relatively simple forum but my wife can't turn the VCR on....woops we got rid of that thing anyway for a DVD player and she's definitely NOT buying million dollar cards. I also agree with the sentiment noted above about this not influencing how I'd think about anything anyway......

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Posted By: <b>dennis</b><p>thanks for the info adam. imo,seems like there should be a fine for this type of crime. or maybe that $$ be turned over to a charity.

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Posted By: <b>Bob</b><p>Leon- I don't think Marshall Fogel should get a free pass here. I remember previously he received almost iconic stature from you concerning a post. I know he is your friend and undoubtedly a nice guy with a great collection but nearly everyone here has been blasted before for one thing or another and no one, from the most experienced to the newbie collector and all in between, gets a free pass like Fogel seems to get. <br />As far as your posting his letter for him, I don't have a problem with that.<br />tbob

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Posted By: <b>leon</b><p>I have not said anything about anyone getting a free pass. I told Marhshall this kind of situation would happen. Everyone has to be accountable for what they do. You, I, Marshall, everyone. The board is relentless. I will still be friends with Marshall and do disagree with him, somewhat, on this matter. I guess I looked like I was trying to make it easy for him (don't see how) but all I did was technically put his letter up there. That's it. I didn't make a statement on purpose except said he is my friend. He still will be. I didn't think it would be that big of a deal. Wow....

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Posted By: <b>shane leonard</b><p>You guys wonder why dealers don't come on these boards to defend themselves? Why would J.P. Cohen want to explain himself to those of you who are only interested in tearing him apart on a message board? I am sure if J.P. Cohen was here today he would be very embarrassed and ashamed to speak of his short comings. If people knew the worst in all of us, would we not be ashamed? Would we still have that same job that we have now? Would we have a harder time making our next sale? <br />Marshall, I appreciate your time in explaining your relationship with J.P. You are a great friend and collector, but your time here is wasted. <br />Leon, monitoring this board has got to be tough. After reading the never ending posts about every dealer and their views on altercations, Drent's accusations and now the J.P saga- how can any dealer have a chance to discuss his side? <br /><br />

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Posted By: <b>Bob</b><p>Leon, just edited my response (so you didn't get to see it before you responded) while you were posting to add that I have absolutely no problem with your posting his letter for him, none at all.<br />tbob

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Posted By: <b>Peter_Spaeth</b><p>Who CARES whether Marshall asked Leon to post for him or did it himself. It's in HIS NAME isn't it? Leon has explained it, hasn't he? Rip up the substance of what he said, fine, I disagree with it myself. But to focus on Marshall's inability to access the forum himself, or his preference not to, is truly ridiculous.

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Posted By: <b>Dan Bretta</b><p>I didn't mean to cause a fuss Leon over your posting the letter and that's not how I meant it. It's just odd to me that Marshall can't figure out how to post to the forum himself. It's one thing to not know how to post a photo, but just typing out your thoughts and hitting the respond button doesn't really take much effort. IMO he does you a disservice by having you post for him.

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Posted By: <b>Bob</b><p>Shane- I think you are being unfair. Those dealers who come here and post are held to the same standards as collectors and/or investors who post here. Barry Sloate, Steve Verkman, Scott Brockelman and many others dealers post here and are subject to the same scrutiny as anyone else. <br />This board and its posters represent a knowledgeable and dedicated part of the hobby, paticularly with respect to pre-war cards. The board is also important in doing whatever it can to protect the unwary collector from being fleeced or cheated, whether it is on ebay or an online auction, etc. I think it is a cheap shot to denigrate the posters here by criticizing them and yet championing the "feelings" of someone who has criminally defrauded, cheated and stolen money, including, if the article is proven to be true, the sick, elderly and infirm.<br />tbob

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Posted By: <b>Elliot</b><p>I don't understand the big deal about Leon posting on behalf of somebody else. Who cares if Marshall Fogel can figure out how to post or not post in this forum. The opinions in the letter are his and not Leon's. He's entitled to his opinion whether or not the rest of us agree with it or not. <br><br>

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Posted By: <b>Dan Bretta</b><p>It would be interesting to learn where Mr Cohen got the capital to start up Memory Lane Inc after having spent time in prison. Especially since it seems no restitution has ever been made to those he defrauded. If I knew the answer to that question then I could probably make a more informed decision about if I were ever to do business with Memory Lane in the future.

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Posted By: <b>Dan Bretta</b><p>Elliot and the rest who are dwelling on my comments about Marshall's seeming ineptitude to post here - I understand they are Marshall's thoughts and not Leon's......but if on the 10th occasion of having to go through Leon to post your photo or thoughts one would think Leon would teach Marshall how to post here. It's not that big of a deal and I'm sorry I brought it up.<br />

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Posted By: <b>bruce dorskind</b><p><br />In a heated discussion such as the one that has been presented, it is important<br />to separate the facts from opinion and emotion.<br /><br />1. Marshall Fogel is entitled to his opiinion and Leon did nothing wrong in<br />posting for Marshall. In fact. there was no real reason to post for Marshall<br />except to ensure that there was no way (without prior knowledge) for another<br />Board member to contact Marshall via e mail<br /><br />2. Leon has posted several photos for us when we have had technical difficulty.<br />Whilst we doubt that the issues are technical (Marshall had to email the<br />information to Leon- so why not e mail to the Network 54 Board?<br /><br />3. Whilst Marshall may be listed on the PSA web site--it does not say he<br />is an employee. He is a consultant. He published a book with PSA's help<br />and is an aggressive endorser of their services. He clearly earns a very, very<br />large income from his law practice. No way that PSA could begin to pay him<br />any singificant money. If one wants to verify this read the company's<br />Annual Meeting filing where they have to list their 5 highest paid employees.<br /><br />The money earned by any of the highest paid employees is a fraction of<br />what any collector at Marshall's level would spend on cards in a given year<br /><br />4. The decision whether or not to do business with Memory Lane is an<br />individual choice of each collector. However, that said, if one wants<br />to dig deep enough on the past of a cadre of legendary dealers - one might<br />find very, very few sources to acquire high grade cards. There have been<br />court cases against some of the very large firms and the findings would<br />not give the typical collector a "warm feeling."<br /><br />5. Finally, if any collector can prove that a dealer regardless of who is<br />running up an item on its web site, that dealer should be brought to the<br />proper authorities. They are violating the law and at least will lose<br />their auction license, and perhap, they will be sent off to jail.<br /><br />If everyone focuses on the past activities of some well known dealers<br />and does whaever they can to ensure that no dealer runs anyone up<br />on any item, the National in Cleveland will have to have a shuttle bus<br />to the nearest Federal prison.<br /><br />We certainly are not defending anyway or attempting to defraud anyone.<br /><br />We just want to make sure that everyone clearly presents the facts.<br /><br />We also ask why doesn't every auction house insist on Honest Auto-Bid<br />which E Bay and REA Auctions currently use?<br /><br />Best,<br /><br />Bruce Dorskind<br />America's Toughest Want List

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Posted By: <b>Frank Evanov</b><p>It seems that all of us have made our statements about this matter on the "interesting news" thread. Why didn't Mr. Fogel's remarks go there? <br><br>Frank

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Posted By: <b>E, Daniel</b><p>I agree with you Peter, Leon's posting of the letter is irrelevant - just somehow feels weird...right?<br /><br />And Shane, your assumption that JP feels awful about his past is a wonderful leap to make and asks us to think the best of him in the circumstances....I'd prefer to hear that from him. 15 years of defrauding people doesn't buy you automatic benefit of the doubt. <br /><br />I for one could respect his ability to face the angry voices, regardless of whether or not I placed business with him in the future.<br /><br />Daniel

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Posted By: <b>Jeff Lichtman</b><p>Frank, something to do with puffs of black or white smoke I suspect.<br /><br />

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Posted By: <b>Steve M.</b><p>"Marshall Fogel is entitled to his opiinion and Leon did nothing wrong in posting for Marshall. In fact. there was no real reason to post for Marshallexcept to ensure that there was no way (without prior knowledge) for another Board member to contact Marshall via e mail"<br /><br />Well excuse me!! This guy is so important he can't be bothered by the likes of us????

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Posted By: <b>Bob</b><p>Bruce- I am a little surprised that you seem to be so forgiving of someone who defrauded, cheated, lied and stole money and went to prison based on your previous post a while back in which you exhibited a hang 'em high attitude toward criminals. I guess if that criminal has access to high grade cards, maybe they get a pass? <img src="/images/happy.gif" height=14 width=14><br />tbob

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Posted By: <b>Cat</b><p>In regard to the restitution aspect, in the previous thread I believe that one of the links along with one Board member's (Peter Spaeth I believe) search clarified the issue. No restituion was paid (this interpretation is in extreme layman's terms ---&gt; ) but if it is found that he misrepresented his then present financial position (hid money) certain aspects of his sentence would be reinstated (years of incarceration added). Therefore, if he had stacks of undeclared valuable cards hidden away, he would probably be in line for more prison time. I am not stating or implying he did this but simply restating the previous thread's discussion (including the links) on the matter.<br />

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Posted By: <b>shane leonard</b><p>I am not defending J.P. Cohen in court. He has definately done many wrong and should be pentalized by a federal court for this. It is not your or my responsibility in deciding his fate. We don't know the whole story and I don't blame him for not coming on here to defend himself. Heck, Marshall Fogal can't even chime in on his thoughts about JP without getting it from some of you. <br />As for other dealers here on the boards who posts (Leon, Scott, and Barry)information for the rest of us to read. Thank you for sharing with us your experiences and knowledge.<br /><br />

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Posted By: <b>Cobby33</b><p>YAWN

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Posted By: <b>E, Daniel</b><p>Cobby you're hilarious <img src="/images/happy.gif" height=14 width=14><br />I love dry funny that can be done in a word. Wish I had that skill <img src="/images/sad.gif" height=14 width=14><br /><br />Daniel

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Posted By: <b>B.C.Daniels</b><p>it was a form letter named for this specific purpose and case.<br /><br />suffering brings wisdom! Interesting,scripture states wisdom brings suffering!<br /><br /><br />BcD <img src="/images/happy.gif" height=14 width=14>

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Posted By: <b>JimB</b><p>Buddhist "scripture" states that wisdom brings freedom from suffering. <img src="/images/wink.gif" height=14 width=14><br />JimB<br /><br />Edited to add smiling face.

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Posted By: <b>B.C.Daniels</b><p>MF made reference to the Greek authors (Classics)<br />not eastern or western theological leanings<br><br>BcD <img src="/images/happy.gif" height=14 width=14>

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Posted By: <b>David Smith</b><p>I do not know Mr. Fogel or what type of practice he has but does anyone know if Memory Lane or PSA are clients of his??<br /><br />If so, then conflict of interest would come into play, I would think.<br /><br />Also, isn't PSA part of a publicly held company? It would be interesting to know how much business Memory Lane provides directly to PSA by using their grading services and indirectly by having a majority of their graded cards in Memory Lane auctions.<br /><br />As a lot of us know, share price is affected by price/earnings ratio and if PSA derives a nice revenue stream from Memory Lane both directly and indirectly, then the share price will remian high. If Fogel and/or J P Cohen own shares of what, CLCT, then it is in their own financial interest to keep the revenue stream up, even if they own only a few shares.<br /><br />David

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Posted By: <b>barrysloate</b><p>Leon- fair enough, and sorry if I made too strong a point about you posting for Marshall. I guess it doesn't matter but on some level it makes it seem as if you are endorsing his opinions, which you are not.<br /><br />I know nothing at all about Mr. Cohen except what I read on this board. Here is where I have an issue: before he went to prison, he ran a sophisticated scheme that made him pretty wealthy, and if he was able to drop 50K in a night gambling, he must have done pretty well for himself. If there really were any thoughts of starting a new life, perhaps social work or working in a soup kitchen would have shown a little more contrition. Operating a million dollar baseball card auction business where there are so many opportunities to stray (again, unregulated business) seems to me like a continuation of the same materialistic lifestyle, with all the trappings and temptations of his previous one.<br /><br />It would be like driving drunk, killing somebody while behind the wheel, going to prison for manslaughter, and then when you get out you decide to straighten out your life by opening a bar. Mr. Cohen is now free to do what he wants but he certainly is not a sympathetic figure.

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Posted By: <b>steve f</b><p>Did that Marshal guy really pen, 'Unbridled enthusiasm'?!! The real disappointment in this post of <u>alleged</u> Senfeld fans is, How could this be missed? <br /><br />*Now, who was the main character in Ms. Benes' book review?.. hmmm*

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Posted By: <b>Josh Adams</b><p>Steve,<br /><br />Billy Mumphry! his wide eyed optimism led to his downfall! <br /><br /><br />\<br><br>Go Go White Sox<br />2005 World Series Champions!

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Posted By: <b>Frank Wakefield</b><p>This thread would be a good candidate for being locked and dropping from sight, me thinks.

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Posted By: <b>Bill K</b><p>Maybe Marshall is a "cockeyed optimist" (again with the Seinfeld) in his feelings towards JP. I know neither Marshall or JP but he is certainly entitled to his opinion, no matter how other board members view him. Having read the posts the only thing is does for me is point me towards never-ever bidding on anything JP offers up for sale/auction. I don't frequent a certain shoe store outside Madison that led to "Shoegate" at the UW (even though they have a wider selection and lower priced) for the same reason. It's the only recourse I have to stand up against them. That, and bash The Shoebox every chance I get. Bad news travels five times faster than good....at least.<br /><br />Bill<br><br>My personal collection - <a href="http://s47.photobucket.com/albums/f176/fkm_bky/" target="_new" rel="nofollow">http://s47.photobucket.com/albums/f176/fkm_bky/</a>

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Posted By: <b>Jeff Lichtman</b><p>I'm very surprised that PSA censored the CU boards over the weekend (as pointed out by PSA arch-nemesis David Vargha) to remove any mention of JP's past. Why would PSA do such a kind (if unethical) thing for JP? Well, as we all know, Memory Lane is one of their major advertisers - and JP's sordid past reflects negatively on PSA. (Bruce--although you claim graded cards make up a relatively insignificant portion of CLCT's bottom line, why else would they censor the boards on this issue?) What is not surprising, at least to me, is that Marshall Fogel, who has a business relationship with PSA along with a gazillion dollars worth of cards tied up in PSA plastic, provided a ridiculously convoluted defense of JP, a major PSA advertiser. My advice for all would-be apologists for JP in the future: perhaps it might make sense to include the words "crime" and "accepts full responsibility for his criminal conduct" in your testimonies. Otherwise, you might find that people who read this board may laugh at you and consider you disingenuous.<br /><br />

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Posted By: <b>Peter_Spaeth</b><p>DELETED AS I MISUNDERSTOOD JEFF'S MESSAGE READ IT TOO FAST<br /><br />Having now read it carefully, I think PSA's philosophy towards the message board is that they retain the right to censor threads that may reflect badly on them, for example in this instance having an authorized dealer with a criminal guilty plea. If I were a corporation with fiduciary duties to shareholders I guess that is their right although we might not like it. More interesting will be to see what, if anything, they do concerning Memory Lane's status. My understanding, although I cannot find it on the website, is that they have a morals clause in their authorized dealer agreements.

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Posted By: <b>Jeff Lichtman</b><p>Peter, a morals clause? I think Barry Bonds has one of those in his contract as well. <img src="/images/happy.gif" height=14 width=14>

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Posted By: <b>barrysloate</b><p>My favorite line from that Seinfeld episode is Jerry's "what chunky was eating those Chunkies-Newman!!"

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Posted By: <b>Peter_Spaeth</b><p>You are a defense lawyer, Barry Bonds therefore is innocent as of this moment, you know that LOL.

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Posted By: <b>Jeff Lichtman</b><p>Oh yeah, forgot. <img src="/images/happy.gif" height=14 width=14><br /><br />Innocent! He hasn't even been charged!!!!