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Re: None

Tuesday, 07/22/2008 3:43:37 AM

Tuesday, July 22, 2008 3:43:37 AM

Post# of 6597
Its just so easy for guys like Susnar and Dwight to take over a public shell, dump 100s of millions of shares and then piss off with the proceeds without prosecution, its been going on for years in pinkie land and the SEC does nothing about it in most cases.

For christ sakes why is it not more difficult for these people to dump shares in the first place and lie about it to their shareholders ? The SEC knows exactly how these crooks operate in pinkie land - they have enough experience prosecuting some of them over the years- yet to save themselves future hassle they do not evoke greater controls on pinkies trading - ever wonder why ? could it be the whole system i.e. Brokers , MMs , DTCC and other institutions are making a fortune dealing shares in these type of companies i.e selling to the retail market i.e. us.

GM