9 responses to Amish fund manager sentenced to 6 years
  • *
    Lattice
    Comment on Amish fund manager sentenced to 6 years (June 14th, 2012 at 06:11)

    In this situation, the Amish might somehow see another lesson teaching the negative consequences of dealings with the English.

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    John
    Comment on Amish fund manager sentenced to 6 years (June 14th, 2012 at 07:36)

    Lattice this guy was Amish not “English”, he just got into taking risks that the people didn’t know about and when the world.com and emron.com to a dump, he lost tremendous amounts of money. He kept hiding it and thinking he could bail out and recoup the losses and then came 2008 and the economy took a nose dive and he sent with it. Rightfully so that he is used as an example, unfortunately he will be old when released.

    It is still not as bad as: http://athiefinthechurch.com/ Which money was taken through out the plain communities across the US. If Beachey got 6 years Sensenig will get a lot more.

    John

  • *
    Lattice
    Comment on Amish fund manager sentenced to 6 years (June 14th, 2012 at 12:12)

    Ok, well I don’t understand much about investments and such, so I must have misunderstood, but I thought Mr. Beachy had both Amish and English investors, and might not have gotten into so much trouble if he’d only had Amish investors.

    That’s why it’s best not to comment on things I know nothing about!!

  • *
    Lattice
    Comment on Amish fund manager sentenced to 6 years (June 14th, 2012 at 12:27)

    And yes, I had understood initially that Mr. Beachy was Amish. Even though Erik said it, “Beachy” is a complete giveaway.

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    Mary Miller
    Comment on Amish (June 14th, 2012 at 14:15)

    Amish

    Lattice, Mr Beachy is indeed, Amish. Not Beachy Amish.

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      Lattice
      Comment on Amish fund manager sentenced to 6 years (June 14th, 2012 at 19:08)

      Yes, I know. I meant that “Beachy” is an Amish name, not that Mr. Beachy was Beachy Amish. I better just stop before I’m misunderstood yet again.

  • *
    Sara Mandal-Joy
    Comment on I'm puzzled (June 14th, 2012 at 17:34)

    I'm puzzled

    I thought there was a big restriction against such speculative transactions? Apparently some of the Amish groups are less restrictive in this area? Sara

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    Osiah Horst
    Comment on Amish Fund Manager (June 15th, 2012 at 08:06)

    Amish Fund Manager

    I would think you are right about the speculative transactions. But once we start down a certain road, lines become blurry. If buying conservative mutual funds is ok, then buying higher risk items becomes okay, then another few steps and we are buying and selling on our own. A few more steps and we are Mr. Beachy, then Enron and 2008 come along and a few more steps ends with a prison term.

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