User:Drfinance

The innocent pay....the criminals prevail in securities. This was the title of a Thesis a wrote for my masters and later had the urge to continue on. But as I progressed, I realized that there is a much more intriguing story that must be told and a book is in the process of being written. It is about a young jewish boy of four siblings who grew to the top to fall ever so hard due to deceit and treachery. My Thesis was not about Lazar Kauderer, but looking back at it, it should have been. It should have been about the boy who would defy all odds only to be placed on a cross as did happen during the Spanish Inquisition. Why one might ask? There always needs to be a scape goat so the bigger fish can tell their story. So the bigger fish can give even the large sharks.

Lazar Kauderer grew up in Brighton Beach Brooklyn and as his two sisters and brother, attended Lincoln High School. He walked in, in the shadow of two sisters whom were in the top of their classes and whom were waled into whatever college they chose to go to. He walked into an atmosphere away from the Yeshiva but now in the midst of fights, drugs and chaos. As a young man he found himself divulged in writing and finance. This is someone whom was called the "bandito" by his uncle, the President of Bank Leumi in Milan. The story is not very long. It is a sad one.

After High school he went off to the College of Staten Island as did his brother Eleazar but he became a stock broker. A Broker in which his brother followed, a broker in which was envied. By 23 years old this young man was shaking the walls of Wall Street. By 24 married beautiful Danielle who shared the name of his brothers love, but was not the business women she was...more of the reason he came crashing down. Shortly after marriage at 24 he was scammed by a bunch of criminals who swore they sold currency. Currency? A quote by Lazar, "If a client wanted to close out his position, and I let him, I would be lucky if my car wouldn't blow up when i walked out to it...." He left after three mere months and learned how not to be a crook. By 25 years old he made his first half a million dollars and by 26 years old was a self made millionaire. But was he really one? or was it all poised to come crashing down. He did everything by the book. Even taught young eleazar how to sell Ice in Alaska. Taught high school drop outs how to get on the phone and become a"Bill Gates" type. He was astounding. By 26 years old he became partner of a South Florida Brokerage Firm which he raised tens of millions of dollars for successful IPO's and Private placements. He was the broker people would whisper about. He was the 26 year old that drove a Bentley. He was the 26 year old that was too good to live in his families building in Hallandale....he needed more. He needed much more. He pushed his best friend and brother Eleazar away, alienated his sisters and went off into the dark world of drugs, prostitution, travels and partying. The more he seemed to party.....the more money he made. He was a prodigy. The funny thing is....he never broke the law. He was what you would call a "bow tie" wearing broker...only his tie was Armani and his shirt was 150 ply egyptian cotton.

After having more than 100 brokers under him, bowing to him, listening to his daily picks, picking up his dry cleaning, his lunch, his hores....the world came to a bitter halt. The knock came. The knock came. The knock came to the invincible Lazar. The invincible was now broken. Taken away in hand cuffs....but for what? The charges were a laundry list of Wire Fraud, Mail Fraud, Mob related incidents, and much more. Of course, his firm hired a high priced attorney and the doors of the prosecutor went closed. A deal was struck....or so he thought. As he walked in the room he asked one question....."why am I here? what did I do?" The answer came as he thought...."well nothing but you are going to be our friend and walk away from this..." He was asked to testify against the firm he cold called at but there was one problem....he knew nothing. That was easily rectified when he was handed a manuscript. It read like a play. Act one was his views on the firm....Act two was his testimony about people he never even met....Act three was his plea to the court to save his soul because he was forced at gun point to do what he did...Problem was....he did nothing. The high priced council told him that he is going to walk probation free if he pleads guilty. Of course, at the advice of council he plead guilty to a crime not committed.

Here comes the movie......The prosecutor tells him there is no deal and his council lied? A lie? Minutes later the call comes in from his partners telling him that since he plead guilty he gave the right to all his assets, clients and money to his firm. And there the story should have ended. A lost soul. Lost everything. Scammed by the government. Scammed by his firm. Scammed by his friends. But that is where his new life began. With no sanctions and no restrictions he went off to work as a broker, taking loans and buying defunct brokerage firms. And of course, with enemies in the midst, here came sanctions. As he tried to open a branch in Wisconsin and was barred from the state. The "Bull of Wall Street" did not stop there. He then decided he wanted to fight the system. and fix what was broken. He went off to become the Vice President and soon new owner of LH ROSS while they were in the middle of their own indictments. Even turing the firm around within two years, was remanded by the prosecution for the thought that he was throwing his high powered friends and contacts in their face. This remandment put his family in turmoil and his best friend and brother into deep depression. Soon, we was sentenced to 24 months in Federal Prison but after a short stint, was released to become a consultant for the SEC without sanctions. God bless his guardian Angel. Because such a soul has one.

After three years of probation, a job well done at the SEC and a rebuilding stage, he has once again become an Entrepreneur like his younger brother eleazar. With hopes for a Presidential Pardon, this man has shown loyalty, diligence, perseverance,and can insanely say that it was all a learning curve. After time, Danielle and Danielle have become friends and colleagues, and Eleazar and his brother have become partners in many ventures and real estate projects. From the black sheep he has become the white soul who is more highly respected than anyone who has gone through what he has underwent. Every day is a new adventure and I am sure.....his adventure is no where over. For now his travels begin and where they will take him will only touch those that need the touch of the White Soul with a guardian Angel on his back. "My worship my bro and without him I will never be complete, says his brother."