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Suze in Trouble.......
Old 05-20-2009, 09:50 AM   #1
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Suze in Trouble.......

Suit probably going nowhere, Suze can afford good lawyers.......

Suze Orman Sued For Fraud - Forbes.com
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Old 05-20-2009, 10:07 AM   #2
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'Girlfriend'----what were you thinking??
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Old 05-20-2009, 10:21 AM   #3
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Maybe she needs to "talk" to her crystals about what to do, kinda like she did when she was an advisor.

At least Dave Ramsey isn't a commissioned salesperson........
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Old 05-20-2009, 05:28 PM   #4
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She being one of dozens of financial talking heads that appear on TV and radio, I'm surprised that more of these folks are not involved in legal disputes of this nature. Her E&O insurance will take care of this. Maybe there are more of these, but they are settled out of court.

Deep pockets attract disturbed folks.
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Old 05-20-2009, 05:56 PM   #5
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I hate Suze as much as the next investor, but this case is a joke.
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Old 05-20-2009, 05:58 PM   #6
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I admire Suze. She worked the system and wont have to worry about 4% withdraw rates. Smart cookie
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Old 05-20-2009, 06:36 PM   #7
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Ppfff, she got lucky because CNBC loves dimbats, wants women hosts, and the American people are financially illiterate. So yes she worked the system, and barely provided anything in return. I mean she made it in life by suing her broker and then extorting them into giving her a job. And she brags about it. So should all Americans follow in her footsteps?

Suze Orman's story is one of the most pathetic examples of rags to riches, I've ever seen. I'd be happy if she was back living in her hippie van in Berkely, CA.
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Old 05-20-2009, 06:52 PM   #8
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Ppfff, she got lucky because CNBC loves dimbats, wants women hosts, and the American people are financially illiterate. So yes she worked the system, and barely provided anything in return. I mean she made it in life by suing her broker and then extorting them into giving her a job. And she brags about it. So should all Americans follow in her footsteps?

Suze Orman's story is one of the most pathetic examples of rags to riches, I've ever seen. I'd be happy if she was back living in her hippie van in Berkely, CA.
So you really think. Those before her did anything much different? Its the American dream. Go learn about all the so called greats who went to the top walking across the backs of hard workers. Or is it because she is a woman its different..pffff ...
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Old 05-20-2009, 10:22 PM   #9
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That is pathetic. I've learned about a lot of the greats, and they didn't make it wealthy "on the backs of hard workers". They actually used their brain to come up with: good products, better service, a good business model, etc. Having access to labor doesn't make you wealthy.

And its ideologically bigoted of you to suggest that I think she is a hack solely because she is a woman. I don't like her because she got where she is by lawsuit and then extorting the plaintiff for a job. And on top of that she gives bad financial advice all the time.

Read her story once. She was a 30 year old hippie working as a waitress and because she was good looking a bunch of people gave her 50K, after she was dumb enough to think that her parents could give it to her to start up a restaurant. She didn't even know what a money market account or Merril Lynch was. After that she gave her 50K to a person that lost it all for her because she didn't understand what was she was signing.

I give her some credit for pulling herself together and actually learning an industry. I also give her credit for the success she had at Merrill Lynch after they hired her. But that doesn't make her qualified to be miss financial planner on the biggest financial news network in the world.

I could just as easily go on a tirade about Dave Ramsey because he is a hack to. But at least he understands that he is dealing with the completely financial illiterate and that is how his show is designed. But anytime he gets into something a little bit more complicated, boom he unloads complete $hit advice.
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Old 05-20-2009, 10:54 PM   #10
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See what you started FDude?
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Suze in trouble.....
Old 05-20-2009, 11:13 PM   #11
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Suze in trouble.....

She's pregnant?
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Old 05-20-2009, 11:16 PM   #12
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Old 05-21-2009, 06:35 AM   #13
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Originally Posted by dshibb View Post
That is pathetic. I've learned about a lot of the greats, and they didn't make it wealthy "on the backs of hard workers". They actually used their brain to come up with: good products, better service, a good business model, etc. Having access to labor doesn't make you wealthy.

And its ideologically bigoted of you to suggest that I think she is a hack solely because she is a woman. I don't like her because she got where she is by lawsuit and then extorting the plaintiff for a job. And on top of that she gives bad financial advice all the time.

Read her story once. She was a 30 year old hippie working as a waitress and because she was good looking a bunch of people gave her 50K, after she was dumb enough to think that her parents could give it to her to start up a restaurant. She didn't even know what a money market account or Merril Lynch was. After that she gave her 50K to a person that lost it all for her because she didn't understand what was she was signing.

I give her some credit for pulling herself together and actually learning an industry. I also give her credit for the success she had at Merrill Lynch after they hired her. But that doesn't make her qualified to be miss financial planner on the biggest financial news network in the world.

I could just as easily go on a tirade about Dave Ramsey because he is a hack to. But at least he understands that he is dealing with the completely financial illiterate and that is how his show is designed. But anytime he gets into something a little bit more complicated, boom he unloads complete $hit advice.
Wow, I didn't know her back ground. I don't watch her because of her personality. She gets on my nerves.
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Old 05-21-2009, 06:43 AM   #14
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From what I understand from reading, Orman met her "life partner" at a party, the other woman was a publicist and Orman asked her "what can you do for ME?" The publicist/now girlfriend took Orman under her wing and bed...and va-whalla you have now a Financial Advisor (cough, cough).
Am I the only one who gets freaked out by her glaring eyes? Spooky.
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Old 05-21-2009, 08:14 AM   #15
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That is pathetic. I've learned about a lot of the greats, and they didn't make it wealthy "on the backs of hard workers". They actually used their brain to come up with: good products, better service, a good business model, etc. Having access to labor doesn't make you wealthy.

And its ideologically bigoted of you to suggest that I think she is a hack solely because she is a woman. I don't like her because she got where she is by lawsuit and then extorting the plaintiff for a job. And on top of that she gives bad financial advice all the time.

Read her story once. She was a 30 year old hippie working as a waitress and because she was good looking a bunch of people gave her 50K, after she was dumb enough to think that her parents could give it to her to start up a restaurant. She didn't even know what a money market account or Merril Lynch was. After that she gave her 50K to a person that lost it all for her because she didn't understand what was she was signing.

I give her some credit for pulling herself together and actually learning an industry. I also give her credit for the success she had at Merrill Lynch after they hired her. But that doesn't make her qualified to be miss financial planner on the biggest financial news network in the world.

I could just as easily go on a tirade about Dave Ramsey because he is a hack to. But at least he understands that he is dealing with the completely financial illiterate and that is how his show is designed. But anytime he gets into something a little bit more complicated, boom he unloads complete $hit advice.
I think you have read this from a few others before. So I wont go into the whole have a nice life speech.
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Old 05-21-2009, 08:21 AM   #16
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She's pregnant?
Just a little....

I had seen one of her shows on TV several years. I lasted 15 minutes. Too noisy in her verbal delivery.
I actually read 1 of her books when I was first FIREd. I had a skeptical attitude, but I also kept half an open mind.
My conclusion ?
Sometimes you have to read the fluff to educate yourself about what DOES NOT makes sense.
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Old 05-21-2009, 08:35 AM   #17
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I admire Suze. She worked the system and wont have to worry about 4% withdraw rates. Smart cookie
+1

She's very successful at what she does...no one can argue that.

Her target audience isn't the people on these forums. It's the people who have no financial sense. She's able to communicate effectively with people who don't understand why it's bad to have $10,000 in credit card debt at 17%.
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Old 05-21-2009, 11:30 AM   #18
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I think she is fine. 85% of people would improve their financial lives by listening to her, as would at least some who are or were on this board. She would prevent blow-ups from absolute lack of diversification, for example.

As to her loud voice, it works- she is rich and most of us are not.

As to her sexuality, as least she gets some of that, and the type she wants. What could be better?

As to her sleeping with someone who boosted her career-if she were the only person in the world who ever slept with someone who might be helpful to her I might try to get bothered by that. Don't think it is going to happen.

Ha
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Old 05-21-2009, 11:43 AM   #19
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"As to her sleeping with someone who boosted her career-if she were the only person in the world who ever slept with someone who might be helpful to her I might try to get bothered by that. Don't think it is going to happen. "
Yeah I agree with that. The trick is to not get caught though. Now that she is all one can do is have that as another reason why she shouldn't be admired.
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Old 05-22-2009, 12:09 AM   #20
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Suze has been an invaluable educational resource...

... for our 16-year old.

We have an especially good family time watching "Can I Afford It?" together. After the first couple dozen of those our kid can figure out the ending all by herself.
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