Replies to post #21744 on Value Microcaps Free-For-All

[Penny Lane]

Have you watched the entire video (6 hours) of the Markopolos hearings followed by the SEC hearings before the House Financial Committee?

Wednesday, February 4, 2009, 9:30 a.m., 2128 Rayburn House Office Building

Click Here To View Archived Webcast

http://financialserv.edgeboss.net/wmedia/financialserv/hearing020409.wvx

My favorite part was Markopolos in closing stated, 'You could fly all 3500 SEC employees to Boston, seat them in Fenway Park, and not one of them could find first base'.

KNEC is the simplest of DD's and provides a perfect example of the utter incompetence and lack of common sense displayed by the SEC.

See the nominee-manipulated spike in the interactive chart and coercive pump pr? Who do you think traded KNEC in late April/2006 to JACK it from zero to $2? Obviously the SEC is blind to examining trade orders, also the SEC's biggest error in their Madoff examination?



http://findarticles.com/p/articles/mi_m0EIN/is_2006_April_28/ai_n16134458