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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mama Bear who wrote (2635)7/7/2000 4:24:08 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
it sounds like a joke to me. the SEC will never do more than give the big WS houses a slap on the wrist if they're caught manipulating stocks.

remember LEH/VERT? it was even reported in Barron's how their analyst upgraded the stock to super-duper strong buy near its all time high and LEH then proceeded to sell its entire stake into the upgrade. the SEC didn't even blink. manipulation of stocks has become an accepted practice in the bubble.

it ALWAYS is while a bubble is still afloat...the law suits and investigations only come after it has burst.
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