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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Ali Chen who wrote (42991)5/25/2001 7:57:19 PM
From: EnricoPalazzo  Read Replies (2) of 54805
 
Would not a reasonable person be a little more cautious
to an announcement by a company that was found guilty
of fraud by three independent bodies of justice?


I'm aware of one--the Richmond verdict. What are the other two? Are you trying to snow this thread?

Courts make mistakes. Low-level ones especially--ask Judge Jackson ;). It is my opinion that RMBS did not commit fraud, legally or morally. I could be mistaken, but I'm not wholly ignorant about these matters.

This post from (ye gods) the Yahoo board provides a bit of background about Jack. I don't expect it to persuade you, Ali, but others who are interested may check it out:
messages.yahoo.com

FYI, here's another poster from the fool making the same point I did about the lack of an injunction. Only difference is, he's obviously more informed about the law than I am :)
boards.fool.com
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