Thursday, April 24, 2008

Rumors and short-selling.........

Listening to Chairman Cox of the SEC speak of "throwing the book" at transgressions of manipulative behavior makes for great comedy.

If only they could work so fast at throwing brokers out of the industry who year after year, float around from shop to shop and rip the heart and soul out of investors nest-eggs. It's 2008 and you can't even log onto a SEC website and find out all there is to know about the regulatory fines and judgements that have been thrown at stockbrokers who are able to impoverish clients and elude regulators for so long.

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