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PickStocks

10/22/19 5:38 AM

#592518 RE: lodas #592514

The government already got involved. It was brought before a committee and nothing happened. All we found out was want was not to be saved.
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955

10/22/19 9:19 AM

#592521 RE: lodas #592514

Well, well well, it looks like fraud enforcement is beginning to awake from their long slumber. Maybe there's hope for us yet although I have my doubts. Rarely do these investigations go back in time unless they're related. However, if enough evidence and calls for action are submitted............

A banker at Goldman Sachs in New York, Bryan Cohen, was arrested Friday on conspiracy charges linked to an insider trading scheme, per court records


https://twitter.com/kadhimshubber/status/1186490912253317120?s=19


The following article suggests it may only be the tip of the iceberg. We can only hope.

“large-scale, international insider-trading ring” that, prosecutors claim, generated tens of millions of dollars in illicit profits.


London Investment Bankers Charged in Insider-Trading Ring
https://www.bloomberg.com/news/articles/2019-10-21/london-investment-bankers-charged-in-insider-trading-ring

Wall St’s top cops defend new focus on Main St
SEC’s enforcement team have shifted from big corporates to cases that hit small investors
https://www.ft.com/content/d6ab26d0-f2ad-11e9-a79c-bc9acae3b654?shareType=nongift




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Civil War General

10/22/19 9:41 AM

#592524 RE: lodas #592514

Hank Paulson held a secret meeting in Russia to notify certain hedge fund big wigs that certain financial institutions were going to be taken down.
History


https://www.propublica.org/article/crony-capitalism-hank-paulsons-extraordinary-meeting