Yet another person appears to have flipped out, and attracted the government's attention, this time luckily without any actual casualties. Curiously the target of the latest FBI arrest is not some insane gun toting troglodyte, but a 20 year Wall Street veteran: Vincent McCrudden of Alnbri Management. Presumably the reason for the arrest is that the commodities trader had threatened to kill 47 members of the SEC, CFTC and Finra in a post on his website. The following information has been pulled from his website. While McCrudden's fund appears to have been modest if at all notable, it would be curious to discover just what recent perceived action on behalf of the government may have forced the manager to take the step. The kicker: an email from McCruden to CFTC attorney T.M. sent on December 16, 2010: "You corrupt mother fucker! You're not getting away with this....Merry Christmas!"... Much more in the charge against McCruden presented inside.
Mr. McCrudden worked on Wall Street for over 20 years. He started his career on the floors of the New York Commodity Exchange executing orders for some of the largest institutions in the world including hedge funds and Commercial & Investment Banks. He then ran Global Desks in such areas as Foreign Exchange, Credit Derivatives & Equity Derivatives. He taught derivatives courses at the New York Institute of Finance.
Mr. McCrudden is a former soccer player at the University of Rhode Island, and then played professionally for the Tampa Bay Rowdies and Minnesota Strikers of the NASL. He also was an amateur boxer and has raised money over the years for the NYPD for slained and disab
led officers. He has two beautiful children.
Mr. McCrudden has spent the past 13 years and counting combating a colluded Government attempt to discredit and harrass Mr. McCrudden through repeated bogus procedures. Mr. McCrudden has sought relief by suing multiple agencies and officials for $1 Billion. But this has not stopped certain higher ranking officials because they know that Judges are Government employees too. In order to stop the libel, slander and harrassment at the hands of these entities, and with no available forum in the US justice system, Mr. McCrudden has started a process to enact payback for years of Government abuse. As a twice survivor of the WTC bombings, Mr. McCrudden knows all too well what the Government can do in the "name of public interest". Mr. McCrudden be
lieves the 23 friends he lost on 9-11-2001 would have had their full support. Wake up my fellow citizens and middle class and go look into the mirror, because you my friends are the face of the new Al Qaeda! Civil disobedience can be a start for justice. Its us (middle class) against them (Government officials and the Bourgeosie). Start acting now before its too late!
Government employees should be individually accountable and not be able to hide behind the veils of their entities. If they are sued for bad behaviour, they should have to use their own resources and money like any other citizen.
And from the fund's description:
Alnbri Management, LLC was formed in 2008. Its Principal, Vincent McCrudden, has been involved in the capital markets since 1985 and has either executed or traded hundreds of billions of dollars of financial transactions over the course of his career. Alnbri was General Partner of the Hybrid Fund II, LP which had returns of 99.6% in 2008 and 37.67% in 2009 before being sold to another firm. The fund was ranked in the top 5 of most databases as one of the best performing multi-strategy funds in the world in 2008. Alnbri Management now trades proprietarily for its own account, owns various real estate projects and has developed finance relationships with a number of firms and individuals.
And some more from a recent lawsuit by McCruden suing the three regulators for $1 billion - link.
And the full complaint against McCruden... colorful indeed, especially beginning on page 4 (courtesy of Matt Goldestein)