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Archive for the ‘Gene Chapman’ Category

Okay, let’s start with their physical appearance. No, I have not altered these photos in any way, with the exception of scaling down the Chapman photo to fit the space:
Daniel Imperato Gene Chapman

Hmmm …… well, they sure do look alike.

Both also seem to have a proclivity for shameless self-promotion (almost everything you’ll find on either of them was written by them – Chapman on blogs, and Imperato in self-published “press releases”). Both also seem to exaggerate their accomplishments tremendously, starting with claims about advising Fortune 500 companies.

It gets better (or worse, depending on how you view it). Chapman claims to have been tutored in economics by none other than billionaire investor Warren Buffett who, he claims, he can out-do in the stock market (yet he can’t seem to rise above driving trucks or changing oil for a living; and Buffett says he doesn’t know Chapman but he’d definitely remember if he knew somebody who could out-do him in the stock market …. you do the math). Imperato claims to actually be a multi-millionaire, though there is no evidence that it’s true except his claims in the endless self-published (literally, he owns the website which puts them out) press releases. However, according to the SEC filings for his corporation, Imperiali, Inc., the company had an accumulated deficit of $11,172,386.28 on November 30, 2006, operated on deficit for the quarter (and it appears most of that money went to him), and almost all of the company’s worth appears to be in unsold stock. [Click here to see the SEC documents.]

Imperato, in a self-published press release, boggles the mind with his claim (or is it a claim?) to own (or not to own?) a $5 billion undersea telecommunications cable, and another claim that he somehow suffered (or did he suffer?) a $3 trillion loss when Osama bin Laden caused 9/11, not as a purely terrorist act against America, but so he could short the stock market to his own financial advantage.

Wow. Just, wow. I’ve never heard that 9/11 conspiracy theory before. But, speaking of stocks, I need to buy stock in Goody’s Headache Powders if I’m going to keep following the lunatic fringe candidates.

Chapman states he never got even one donation, and gives that as his reason for dropping out of the presidential race (and while that is a legitimate reason, it appears it wasn’t the real reason given that some very serious anonymous accusations were leveled against him on several blogs less than 24 hours before he dropped out). Imperato doesn’t appear to have received any donations either, although he loans money to his own campaign (which looks more than a little like funds on paper only; for example, according to the FEC, he spent $125,000 in January – money his campaign didn’t have – then loaned his campaign $250,000 in March). Click here to see the FEC documents. (more…)

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