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Originally Posted by Peter_Spaeth
Steven I'll accept your premise that PSA is the bigger problem, or the TPGs as a whole. Especially after Orlando's statement today I could not be more disgusted with PSA. It was far worse than Sloan's. And of course I understand that in many cases the government will make a relatively soft deal with a cooperator to get at the more important criminal. I'm just not seeing how going easy on Brent helps the goal of going after PSA. But I'll reflect on it.
One footnote though -- it still takes card doctors and their enablers to bring these cards to market. So it's not like the biggest seller of doctored cards on the planet, and card uhh uhhh conservator himself, isn't still a huge problem.
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Unfortunately I think without regulation there will always be scum like Brent and Moser gaming the system. I can almost assure you that down the road regulation will be there but it might be many years and often when the government gets involved it becomes be careful what you wish for.
For me I know I would love to hear what Brent and Moser have to say about TPG’s. While they are garden variety scammers, I think ultimately TPG’s are the far bigger problem. Why more venom isn’t going towards them and instead to Brent is actually a little head scratching? CLCT stock has actually gone up since this all began. Shows you how worried investors are about what’s happening.