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Re: StockGurus post# 36125

Saturday, 04/25/2009 10:25:06 PM

Saturday, April 25, 2009 10:25:06 PM

Post# of 44848
E-trade has damaged itself, nothing new for Knight Capital, nor GS, and many of the others involved. E-trade may have a hard time recovering given their many clients are retailers, and serves them right. GS, Knight have been fined on more than one occassion, the question remains, why should they be able to get away with just a fine, without at least license suspensions?. Racketeering shouldn't be tolerated it just adds to what we've all been witness to. Knights former Ceo was in it up to his neck, but what Finra/Sec did was punish him and not the firm. Its kinda like punishing Madoff but allowing his brother and sons continue with their side of the business Madoff claimed to be legitimate. Like Berman and Russell.