Very interesting read, and sad....

[T206DK]

the fact that REA took the card down doesn't mean they are the cream of the crop by any means. What choice did they have really ? they either keep the card in the auction or they don't. It was the right thing to do, to remove the card in question in, my opinion. I don't know Peter Nash or his rep. If he has an axe to grind with Lifeson or REA fine let him. I still would like to know more about the ongoing federal probe he speaks of.
2 phrases I never thought would go together : "Federal probe" and "baseball cards"

[JP]

Originally Posted by T206DK

I still would like to know more about the ongoing federal probe he speaks of.

I'm sure his anonymous, unspecific "sources" are the same ones that help let us know the latest goings-on in the celebrity world. If a Federal Probe even exists, Rob is more than likely assisting in it, rather than being investigated.

[calvindog]

Originally Posted by T206DK

I still would like to know more about the ongoing federal probe he speaks of.

Who said REA is being probed by the feds? A guy who probably has left 50 messages on the FBI's voicemail about Rob Lifson? Yeah, you can take his claim of a federal probe to the bank.

Originally Posted by T206DK

2 phrases I never thought would go together : "Federal probe" and "baseball cards"

Have you also never heard of the phrases "Mastro Auctions" and "Doug Allen and Bill Mastro?"

[T206DK]

Yes I have heard of Doug Allen and Mastro. I'm pretty sure they had as many fans as REA has before their demise. I'm not trying to bash REA either. I wonder if any auction house is beyond reproach ? I realize REA has a huge following here and some people will defend them to the point of being brownie hounds, so I fully expect potshots to be takebn at me. I'm a skeptic though, and that article was very intersting, no matter who wrote it.

[calvindog]

Dave, I think you'll find that the only people who will take wanton potshots at you for daring to be critical of Rob are those who have a financial interest in REA's business doing well.

Being a skeptic is fine. The only point to be made here is that Peter Nash appears to have zero credibility on any issue pertaining to REA. I'm not saying that Nash has lied at all in his post; I'm just saying that his history with REA renders his allegations suspect even if true.

[Potomac Yank]

That sort of thing ... doesn't go on in the investment part of the hobby.