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camper9

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camper9

Re: None

Tuesday, 01/11/2011 11:29:58 PM

Tuesday, January 11, 2011 11:29:58 PM

Post# of 20257
Is the SEC tainted?

When the top enforcement official is accused of going soft on corporate executives, it certainly gives one pause regarding exactly who the SEC is trying to protect.

http://www.bloomberg.com/news/2011-01-11/sec-watchdog-probes-enforcement-chief-over-citigroup-settlement.html


The U.S. Securities and Exchange Commission’s internal watchdog is reviewing an allegation that Robert Khuzami, the agency’s top enforcement official, gave preferential treatment to Citigroup Inc. executives in the agency’s $75 million settlement with the firm in July. ... 

The problem with working outside the law, you no longer have the protection of it. 
 				-- Truman Capote.

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