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Pastimes : THE SLIGHTLY MODERATED BOXING RING

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To: Bill who wrote (17298)7/12/2002 2:41:29 PM
From: Original Mad Dog  Read Replies (2) of 21057
 
That's exactly the point. The SEC has the power to prosecute or to not pursue based on their evidence and choice of which other matters to pursue. That is NOT the same as exoneration. It is also NOT the same as stating emphatically that there was no lapse in judgment or ethics that may be appropriate to consider in the context of the present situation.

If someone at the time (say, a group of shareholders) had wanted to sue Bush for the effect of what he did on the other shareholders, the SEC's decision not to pursue the matter at that time would have meant absolutely nothing. It is not an exoneration. It is an exercise of discretion by a regulator to spend its resources going after somebody else.
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