Norb Vonnegut: Raiders of the Rubber Chicken Circuit

Apr 19th, 2009 - The Huffington Post

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The lineup of disgraced financiers is growing. Danny Pang is the newest entrant. Earlier this week, the Wall Street Journal ("WSJ") reported that authorities are investigating his firm for...you guessed it...a Ponzi scheme. At stake are $4 billion in assets under the control of Private Equity Management Group.

The picture of Pang at a charity event in Los Angeles is classic. There's Pang posing with a star from "Desperate Housewives." For a $100,000 gift, you can get your picture taken with anyone. Apparently, this prerogative holds true even if the money isn't yours.

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