It is primarly due to Ihub's excellent search engine that I decided to post every fact about WINR here that I could dig up. Many of these old links have been dead for a long time and would now be lost if not for SI and IHub. The old PR's from 1997 and 98, the first paid tout reports, even emails from
Skinner.
I just figured that eventually if every bit of info was archived and easily searchable, then somebody would figure out exactly what happened and who was responsible.
In my opinion, each of these scam penny operations could be viewed as a RICO enterprise and prosecuted accordingly. There just isn't enough call for the U.S. Attorneys (usually political up and comers looking for high publicity cases and biding their time before moving on to higher office) to cause their white collar crime units to look into it. It is just left to the SEC, who seem content to enter into settlements for chump change fines and voluntary injunctions.
It is these injunctions that really take the cake. These crooks agree to be enjoined from further violating the law. No shit, you don't need an injunction for that. Most people understand that breaking the law is already prohibited. It is like the old Chris Rock bit where he describes a guy bragging that he "takes care of his kids," or "ain't in jail." WELL YOU'RE SUPPOSED TO TAKE CARE OF YOUR KIDS AND STAY OUT OF JAIL! You don't get bragging rights for doing what you should be doing, and along those lines I don't see how the SEC thinks it is a big deal for a crook to agree to stop breaking the law going forward.
Okay, enough ranting for the day. Back to Spring cleaning.
