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TEX

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Alias Born 04/15/2005

TEX

Re: spit432 post# 273238

Wednesday, 12/30/2009 2:18:18 AM

Wednesday, December 30, 2009 2:18:18 AM

Post# of 346953
then I would prefer the SEC remove them from their positions and insert honest officers into their places.

Yes, it is possible that the SEC causes such a removal.

BUT, they can't do it unilaterally.

That is, it's not like a 10-day suspension; in order to get some scamball bounced outta the picture requires a judge to order that said scamball can't be involved as a principal in a public company for "x-amount" of years.

Not easy, not quick, not cheap...

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