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Stock Loans: Have Your Cake and Eat It Too | Add Comment

  • Additional Note: 4/17/2008
    The company that is most respected in this business is HedgeLender LLC, the oldest continuous provider of hedged portfolio stock loan services in the U.S. I understand that Triangle, noted in this article above, is no longer in business. Does anyone have more updated info? Also, Mr. Hoekstra quoted in this article is a part of HedgeLender and is listed in the biography section of HedgeLender's website. -Frank

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    • Most respected?? 11/18/2008
      Hedgelender is not the "most respected" company in stock lending, who told you that?. They are not lenders at all, rather agents who take their deals to "lenders" like Triangle. Thats bad news for them since Triangle Equities is now under receivership by the US government, and is being criminally investigated by the FBI and SEC!!!!! Apparently Hedgelender never bothered to find out that Triangles boss, Michael Spillan was a convicted felon, for money laundering, check fraud, and the last time he went to prision it was because he BUILT A BOMB, planted it on his own doorstep, and then tried to accuse his own son in law of trying to kill him. Nice MANNERS! Hedgelender has been co-defendants in several lawsuits with Triangle Equities, check out this link where the whole gang is there, even Roel Hoekstra! http://dockets.justia.com/docket/court-ohsdce/case_no-2:2007cv01141/case_id-119098/ Lol, hedgelender a REAL class act.. yeah right! Have some fun and google "hedgelender defendant"!!

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      • Yes, most respected - and they've earned it. 6/17/2009
        Triangle was a bunch of con artists who fleeced many people. HedgeLender was victimized by them a few years ago along with several hundred other victims. The Triangle group doctored documents, lied openly, and disguised their operations. HedgeLender was never part of their organization but rather was a 100% innocent party in every conceivable way. Would you blame the pedestrian for getting shot while grocery shopping just because a bad guy fired off a pistol and a stray bullet hit him? THAT is no different from what Triangle did. You don't blame Steven Spielberg for his investment in Bernie Madoff. The same is true of HedgeLender. Legal actions are notorious for throwing the net out to include everybody including their pet parakeet, and these cases are no different. Don't mistake the victim for the perpetrator. There is no connection whatsoever, and thousands of satisifed clients will happily attest to the veracity of this statement. Incidentally, HedgeLender was acknowledged by government regulators recently for having consistently gone to bat for its clients, above and beyond the call of duty. They are the good guys in this business, the best. Why are you so bent on trashing HedgeLender by the way? What company do you work for? By the way,

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    • HedgeLender is full of it 2/19/2009
      First of all, they have multiple lawsuits filed against them. These jokers have THREE different company names AT LEAST. Hedgelender, Hedge/Lender, Hedge Lender LLC, and others. They keep changing their name in subtle ways so it won't look like they have multiple lawsuits filed against them. PLUS, these guys spend so much time talking about how they don't pay for their search results on the net, but they OWN stockloancentral.com and pay for those listings on google. Are they liars, crooks, or both? They even purport to be the Lender, but they feed their loans to other outfits. SCUMBAGS

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    • HedgeLender is the only stock loan firm I trust... 6/17/2009
      Actually, the company HedgeLender LLC is without question THE best in the business. I have completed three loans, one with HedgeLender, one with Equities First, and one with Rainmaker. I will never ever do another loan with Equities First or Rainmaker and you can take that to the bank. HedgeLender was far and away the more professional, in a completely different class, with way better customer service and a far stronger suite of loan programs each of which could be tailored. Their newest program is through a partnership with a huge US bank/brokerage and allows shares to remain in the client's name, title, and account, never touched, with a simple lien on the shares until repaid. It even comes with SIPC insurance like any brokerage account. There definitely ARE charlatans in this business, but HedgeLender isn't one of them, to be sure. I feel that with them, I got the loan I was looking for, and not a line of bull as with other firms I've spoken with. And by the way, that stuff about "three different names" is garbage. They are HedgeLender LLC, their only name, and their address is 2 Penn Center Plaza in Philly as always. They've been around for over a decade and are everywhere. I can tell you from personal experience that they absolutely DO know how to administer a securities-backed lending program. I couldn't be happier. Side note: This guy's comments make me wonder if somebody who is jealous of HedgeLender's success is trying to throw tar on them. I wouldn't buy a word of it.

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    • I fully agree - HedgeLender is No. 1 6/17/2009
      The guy who wrote these two notes must work for one of their competitors. These guys, led by Dan Stafford and Fred Wahler, have been the White Knights in this business, fighting companies like Triangle and demanding transparency and compliance in every sphere of its operations. That doesn't mean there haven't been cases of downturns or difficulties. But a company that can be trusted completely in this industry? Yes, that's HedgeLender LLC without question.

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