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janice shell

04/12/08 6:15 PM

#248203 RE: phxgold #248201

I think UC has cut a deal with the doj and I think his cooperation with the sec is required.

I've been thinking along the same lines. Maybe they were told that things could and would get a lot worse for them if they didn't play nicely. Or maybe they just think it's wise to cooperate.

One thing's clear: the SEC wants to publicize this case, and to make CMKX an example.
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jarta

04/12/08 6:31 PM

#248214 RE: phxgold #248201

phx, ... It's a possibility. But, if so, for a reduced sentence. ... eom
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Iggy_Bot

04/12/08 6:34 PM

#248215 RE: phxgold #248201

That would be good, and IF brokers. big people, were doing this that means BIG lawsuits. and the game plays on