As the SEC wrestles with how it ignored numerous warnings that accused Ponzi schemer Alan Stanford was a fraud, a decent amount of the fingers pointed at former FCC enforcement officer who sat on numerous warnings about Stanford and then went to represent him after leaving the SEC. Now there’s another example of Spencer Barasch’s MO. Here’s his pitch to get the gig defending Texas billionaire Mark Cuban.
“I am friends with and helped promote two of the guys who signed the Complaint against Mark. Someone should tell Mark to look at my profile on my firm website, my SEC press releases, and advise Mark to add me to his defense team.”
