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Pastimes : CNBC -- critique.

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To: Seeker who wrote (7119)1/31/2001 12:47:11 PM
From: Thomas M.  Read Replies (1) of 17683
 
I agree with the general gist of most of your posts, and I have been saying the same on this board for several years. However, I don't agree about "the kid" (assuming you are referring to the high schooler busted last year for pumping & dumping on chat boards. You are absolutely right that the SEC should not be going after small fish like this and ignoring the big fish like Wall Street brokerage houses.

However, to talk about pardoning this kid is ludicrous. He is an amoral slimeball, who was basically trying to defraud people out of their money. He showed no remorse about his crime. In fact, he was proud of it. Furthermore, he broke the law. He most certainly deserved to be punished.

Tom
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