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Re: DanBB post# 32

Tuesday, 05/26/2009 11:41:24 PM

Tuesday, May 26, 2009 11:41:24 PM

Post# of 84
all the more reason to act more swiftly and with greater actions - if something has progressed to a stage where 2 SEC lawyers are under investigation by the FBI and the WSJ is alleging all these questionable (at best) trades that went on for significant gains then I think the "air of superiority when it comes to ethics" balloon has been burst!

Given the new total lack of credibility an immediate suspension while things are worked out is completely reasonable and is the justice that would be meated out for the common guy.

In fact, many of us would lose our job. Many of us would have already been charged given all that was flying.

When these double standards exist regulators lose credibility.

When they protect insider friends and allow them to sell ONE share 100,000 times and keep their gains by eliminating their short position by suspending the Net Capital rule (as an aid to the insider friends, MMs who shorted the stock, and Brokers liable for clients and short) then market manipulation is occurring by the very regulators charged with preventing it!


Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.

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