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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It?

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To: Bob Kim who wrote (439)6/22/2002 3:01:55 PM
From: Raymond Duray  Read Replies (1) of 589
 
Bob,

Huh? You get the "unclear on the concept" prize for the morning. Purcell is trying to sneak special legislation through conference in the Congress that exonerates the industry from immoral and unethical behavior.

pbs.org
From the description of the show:

This week on NOW: Is Congress trying to make Wall Street safe for predators? Despite all the evidence that small investors have been the victims of a con game, some of the big Wall Street firms are moving legislation through Congress that would prevent states from prosecuting them if they violate security laws. Bill Moyers interviews Eliot Spitzer on his reaction to this end run around state regulation.

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Hopefully, in a couple days the Spitzer transcript will become available. He clearly states that Purcell's efforts with his paid-off Senators is to injure the public's interest in the dark of night with secret legislation. The wording of their bill is to exonerate the Wall Street firms from almost any wrongdoing. Basically making unethical and immoral behavior legal. This is disgusting.

-Ray
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