Replies to post #27453 on PAIVIS Corp (fka PAVC)

[TheNoviceChicago]

By no regulation, I mean simply that NO ONE with any type of authority to indict him or dismantle the scam with EVER ask him any such questions. And, if they DID, I don't think a weakly worded disclaimer would help in his defense. The simple truth is that they shouldn't be ABLE to PR any type of lie. They should be required to PROVE a statement, before it's PR'ed, and if they can't, NO PR! But we don't have any such regulation. Nor is anyone with the authority to prosecute, paying attention. Bottom line is they do it, because they CAN, without any real concern that they'll ever be held accountable.

[tax_man]

The SEC/government deserves some of the blame, but it's not entirely their fault. They don't go, "OK, Mr. CEO, we're forcing you to lie to your investors and to pocket money that you should be reinvesting in your company or paying shareholders in a dividend."

The SEC isn't forcing these execs to be lying, cheating scumbags.