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Pastimes : Brokerage-Chat Site Securities Fraud: A Lawsuit
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To: Jorj X Mckie who wrote (1513)7/11/2003 4:06:26 PM
From: Yogizuna  Read Replies (1) of 3143
 
>>> As far as the blame for the losses based on bad advice, I use the Mrs. McKie rule. The Mrs. McKie rule is simple. Would Mrs. McKie give me a pass for the losses or would I bear full responsibility in her eyes. Mrs. McKie wouldn't give a rat's ass if I paid $1000 a day for advice, if I continued to follow that bad advice, it isn't anybody's fault but mine. <<<

You people just do not seem to get it. Taking "personal responsibility" has nothing to do with any illegal and or immoral activities going on behind the scenes which could contribute to the client's losses without their consent or knowledge. It's as simple as that. If the defendant's illegal actions caused any losses in the accounts of their customers, they should be found guilty and made to pay for their misdeeds.
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