SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Enron Scandal - Unmoderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (1936)3/19/2002 4:18:34 PM
From: Raymond Duray  Read Replies (1) of 3602
 
Hi Scott,

Re: Q: Is it just a question of getting information to investors sooner?
A: What [has] evolved is a system that's two-tiered. On the one hand, we have all of the really fabulous deals. And they're often done outside the SEC-regulated system. They're done as unregistered offerings for sophisticated investors.... The sophisticated investors are getting the deals that are so good that nobody cares about [having the protections] of registration. What's left for the public are the deals that can only get sold by selling them to the public.


Sounds like Pitt has perhaps inadvertently just told us why investing in the public markets is only for suckers. <g>

-Ray
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News