Cowboys and Cowgirls

[WTMHouston]

Why would the CEO of CMKX take the fifth at an SEC hearing if he wasn't scared of criminal prosecution?

That one is easy -- lots of reasons, the first being that his lawyer told him to do so.

Being scared of criminal charges, which I hope everyone is (innocent and guilty alike) all of the time, and telling our stupid government to shove it, doth not make one guilty of any crime -- all as it should be.

The penny stock world is full of fraud and deception.

I don't doubt that it true, but why should my tax dollars be used to go after some guy when the vast majority of the people he dealt with knew going in that there was a good chance of fraud and deception? People take these risks and then expect the government to bail them out when it turns out as risky as they knew it was. You pays your money and you takes your chances. When someone takes a risk and it turns out as risky as they knew or should have known it was, let them spend their money and not my tax dollars going after whoever they think ripped them off.

Government should care about the innocent, but folks have their own responsibility not to be stupid, gullible, uninformed, or blind to risk.