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Re: Pedro2004 post# 279296

Friday, 10/02/2009 1:20:27 PM

Friday, October 02, 2009 1:20:27 PM

Post# of 358440
Pedro, ... "Why don’t you explain to everyone what JE agreed to do – on page 5, paragraph 14."

Edwards agreed in the consent to appear and be interviewed. The SEC could ask the questions - and Edwards could take the Fifth. That's exactly what Einhorn, Edwards' attorney and designated agent, told White that Edwards would continue to do. No further attempt has been made by the SEC to get Edwards to cooperate more fully. No rule to show cause has been filed by the SEC.

As a practical matter, the boilerplate language in paragraph 14 of the consent is unenforcible.

Now, what do you think Edwards promised to do? And, how does the SEC make him do it? ... eom

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