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Long2Retire

11/09/09 5:36 PM

#179929 RE: GreenForest #179905

I would say that the SEC is not doing its job. It is a government agency.

And, all this boards talk about jail time and Bubba is going nowhere. I can understand the venting though. I am waiting for it to turn constructive.

Comments here from an honest bag holding sucker…so it appears right now.

Thanks for your post GreenForest.
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janice shell

11/09/09 5:48 PM

#179930 RE: GreenForest #179905

The SEC takes its rewards by periodically dipping in to the funds of the fake companies and stock trading companies with pitiful "fines" that do what? Reward SEC employees with salaries and bonuses.

Huh? Government employees don't get bonuses.

In reality, the SEC collects enormous amounts in fines each year. Unfortunately, they're not allowed to keep that money: it goes to Congress. Congress then gives some of it back in the form of an annual budget.

And the SEC employees are living high on the hog allowing this!

What? They're paid FAR less than most lawyers.