$2 million for legal and $373,000 for living expenses? The SEC knows they skrewed the pooch on this one. SEC and CNBC are negotiating behind closed doors on how to squirm out of this one. CNBC will pay fines, officers and directors will get barred. Dr. Chiro and Vinny will get pinched, and the loser CPA formerly from KPMG will get fined and lose his license, but no jail time.
SEC will call it a win when they report to congress.
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