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Zardiw

04/03/12 9:40 AM

#174791 RE: retiredptt #174785

The sec is influenced by certain *persons unknown*. Remember that the sec along with any godernment entity is not some faceless monster. It is composed of People. And people are influenced by other people. Like members of shorting/bear raid crews, or hedgie fundies for instance. Bottom Line: Going after JBII was NOT a *random* regulatory action.

You can see further examples of this when they decide to 10day/Send to greys some company seemingly at random. It's not random. Somebody was major short and you just know they hate to have to cover. I mean, for them that's ridiculous....cover?..are you JOKING???...So much easier to send the target company to the greys........z
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Rev Kilgore Mullet

04/03/12 9:45 AM

#174794 RE: retiredptt #174785

Apparently, the SEC suit was not enough to get Bordy's full attention. In the most recent 10-K, the auditors opined continuing, material weaknesses in internal control. This corporate behavior under Bordy's management continues.