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umiak

07/25/11 12:30 PM

#123520 RE: jimmenknee #123516

The example I gave you was a much worse case, imo, it shows that pre SEC or post SEC does not fundamentally change the SEC's stated goal.

"...The commission has adopted ``a new ethos about penalties,'' based on the concern that ``savaging'' companies with fines amounts to punishing their investors, he said."

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJKCRZoXEz7I