Robert Kiyosaki's partner in crime, Russ Whitney, has been asked to step down as CEO of Whitney Information Network. Hudson Street Capital Management LLC and Kingstown Capital Partners LLC, two large fund management companies have made a formal request to the board to remove Russ Whitney as a CEO because they believe that other shareholders' interests have been surrendered to the self-interests and personal enrichment of Mr. Whitney, while shareholder value in general has precipitously eroded.
This is Russ's MO. He has done this before and is doing it again. This time he is using Robert Kiyosaki as his puppet to con his students into giving up their life savings.
Check out the link below that details the call for removal based on Russ Whitney self-serving business practice and more importantly his lack of cooperation with the SEC investigation.
Go to:
Http://money. Aol.com/news/articles/_a/hudson-street-capital-and-kingstown/n20070702071109990018
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