One of our Special Correspondents sent in some additional information concerning Matt Feshbach’s skill in applying financial policy to his life (see earlier post here).
Gives a less than complimentary picture of his history. It is not that I have any personal vendetta about Matt Feshbach or anyone else. It’s that he is still held up as a poster child of success, and it is a lie.
Here is the update:
- Matt closed down his Feshbach Brothers fund on the west coast years ago, having taken investors’ money.
- Additionally, he started a company on investors’ money – called FatPipeU, a broadband installation company that closed around 2001. It was started in Calif., run by John and Claire Woodruff, and Matt was somewhat hands on and drummed up the investors. It was then moved to FL. Last corporate filing was in 2001. (Florida Dept. of State Corporate filing page shows FatPipeu corp filing revoked 2004 due to lack of filing.)
- In 2008, he liquidated MLF investments, the fund he started in about 2001, though it’s still active on the Florida dept of State Corporate fillings site, most recent filing 2013.
- Then he declares bankruptcy.
So Matt has 4 major negative financial events that I know of.
This will be the subject of some future coverage, but a brief note here tonight. The Church paid expensive Beverly Hills lawyers to extend my divorce from my former wife Cathy (of CNN fame) for 5 years. It was so they could get financial information and have a justification for PI activities. The church FILED the divorce (can’t have someone at Int connected to a major SP of course) but then realized there was some benefit to keeping it going for the reasons above.
They finally had nothing else they could do, and the divorce she requested was granted.
Christie and I are getting married tomorrow, many friends have already arrived and more will be coming in tomorrow (of course Miscavige is in a state of absolute paranoia as a “Who’s Who” of SPs is gathered in his back yard).
So, I will be otherwise occupied and I will not be doing any postings for a couple of days and may only see comments sporadically.
I hope you all have as enjoyable a weekend as we are planning!