A year or so a go, commodities trader Vincent McCrudden was arrested for some things he put on a company website and some emails he sent out. The former involved an “execution” list containing the names of 47 financial regulators, which he asked readers to aid him in crossing off (“I need your help,” he wrote. “There are just too many for me alone”). The latter included an email to a CFTC staffer that noted: “You fucking corrupt piece of shit! I have let so many of you fucking corrupt mother fuckers off the hook for doing this to my life. You my friend are not getting away with this. I am going to do this my way now and you, you corrupt mother fucking piece of shit are the first on my list! laugh mother fucker…I am going to make you a test case!” To that end, the chief operating officer of the NFA was told, “It wasn’t ever a question of ‘if’ I was going to kill you, it was just of when.” Were these emails particularly colorful? Yes. Should anyone who received them (or had their name placed on The List) been actually worried about losing his/her life? McCrudden could see how maybe things might have been interpretted that way, but no. As he told a judge, “I wrote provocative language on my website that could have been perceived as threatening. I would never intentionally hurt or cause bodily harm to another human being.” And yet, this is still happening:

Vincent P. McCrudden, a former New York commodities trader, was sentenced to two years and four months in prison for threatening to kill federal financial regulators. McCrudden, 51, who pleaded guilty last year, was sentenced today by U.S. District Judge Denis R. Hurley in federal court in Central Islip, New York…McCrudden said he was being persecuted for fighting back against unfair regulatory actions that destroyed his career. In addition to trading commodities, he ran his own hedge funds…McCrudden’s legal and regulatory entanglements began in 2000, when he was criminally charged with masking shortfalls in statements to his hedge-fund investors. The government said he included in his results money he expected to get from a lawsuit after Sumitomo Corp. (8053) was accused of manipulating the copper market.

Ex-Trader McCrudden Gets 28 Months in Prison for Threats [Bloomberg]

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Comments (22)

  1. Posted by Mexi_Cant | April 9, 2012 at 1:37 PM

    So it was provacative and somebody does know what it means?

  2. Posted by B.S.H. | April 9, 2012 at 1:48 PM

    It gets the investors GOING, your honor.

    -McCrudden

  3. Posted by Guezt | April 9, 2012 at 1:53 PM

    I fucking loved The Wedding Singer!

  4. Posted by VonSloneker | April 9, 2012 at 1:59 PM

    Someone should have told Vince that this was the oldest of OKI…

    - Marcus Junius Brutus

  5. Posted by Alt_EST | April 9, 2012 at 2:08 PM

    Booking expected future profits is the OKI.

    -A. Fastow

  6. Posted by Jeff Macke | April 9, 2012 at 2:11 PM

    This guy is AWESOME.

  7. Posted by AIG Quant via LEH | April 9, 2012 at 2:12 PM

    word

  8. Posted by Guest | April 9, 2012 at 2:20 PM

    He looks so clean-shaven-Allen-Stanford.

  9. Posted by Guesto | April 9, 2012 at 2:56 PM

    def pre beating/rape sesh

  10. Posted by Sean | April 9, 2012 at 2:57 PM

    It takes Brass balls to stand up to the regulators like he did. Unfortunately for him, the CFTC regulates the futures markets on brass balls. Terrible, I know. I'll see myself out.

  11. Posted by Guest | April 9, 2012 at 3:24 PM

    Boy am I glad I called THAT guy.

  12. Posted by Cassano | April 9, 2012 at 3:44 PM

    Thankfully we didn't have anything on the books with him!

  13. Posted by Guest | April 9, 2012 at 4:04 PM

    Wow, look at that picture. He has dead eyes. Scary.

  14. Posted by GeezerOilTrader | April 9, 2012 at 4:32 PM

    I seen that reference to Sumitomo above and it made me wonder if that old boy who was runnin' Sumitomo's crude oil phone in Houston back in the '80s is still arounf. I probably spent thousands of dollars taking that good old boy, Texas-born fellow to lunch all over Houston: Tony's, Chef Chan's, Argent D'or or some French sounding place, Luling City Market and that place where they had the "Charlie Belle" shrimp and crab salad that you'd later burp up all afternoon over by the Coastal Towers. I worked that Sumitomo boy as well as I could and I never got a thousand a day done with him despite good credit and every best effort. Then I learnt from others his whole job was just to answer the phone, get info and pass it back to Japan. That was back when the DOLLAR was fucking worth something and all the Japanese folk opened up domestic crude oil shops all over Houston. There was Petro-Diamond, Sumitomo, and a company named something that sounded like "itchy pussy" as I recall but I don't remember now. Even those guys at Neste came over and why they named AN OIL COMPANY after chocolate is beyond me. You had to have special manners and protocols dealing with them Japanese traders: hand your business card a certain way, sit at a table a certain way and get drunk and sing your ass off with them when they's homesick at Yosemite Sam's Club in Houston that was run by Koreans but exclusively for the local trading Sons of Nippon. See, back then, when you didn't look at your phone WHILE IN A TITTY BAR like so many of these "Ty Pennington, designer stubbled gelled hair trading assholes quoting ASCI prices" or "whats up with Frade" do today, you didn't abandon your Japanese guest of you'd cause him to "lose face" which was a big whispered no-no at the time. The only way that American rep for Sumitomo way back then could lose face would have been if a fat stripper wearing a chain mail thong slid off him the wrong way.

  15. Posted by PermaGuestII | April 9, 2012 at 4:46 PM

    Hats off, sir.

  16. Posted by Guest | April 9, 2012 at 5:27 PM

    One of your best.

  17. Posted by big mike | April 9, 2012 at 8:27 PM

    you go bad ass geezer

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