Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (687)	8/27/2001 2:29:27 PM
From: isopatch	Read Replies (1) of 36161

Roebear. That sounds par for the course. The big W.S. houses have been getting away with this kind of stuff with impunity ever since we've had a stock market. And the ugly stuff that's been swept under the rug by a Bull Market, comes back out in the Bear that follows. Have seen it over and over. The worst that occasionally happens is a few individuals are slapped on the wrist with fines. Hard time is rare, the higher up you go. And even in those cases it's a minimum security "tennis ranch".<lol> These firms will always be above the law. Plus the Fed and the rest of the gov will do anything and everything to save any one of them that gets into big financial trouble like LTCM. What worries me is that the abuses yet to surface will be so much worse that what we've seen so far it will be ammunition for the socialists to get more seats in Congress. In the LT, the big houses are really hanging themselves by building up so much well justified resentment. Isopatch

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