Banned.......Replies to the A@P thread. Message Board

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Strategies & Market Trends : Banned.......Replies to the A@P thread.

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To: StockDung who wrote (1558)	1/3/2005 4:13:16 PM
From: scion	Read Replies (1) of 5425

Not too smart of him, was it? According to the SEC, in the fall of 1999, Knight, operating through one of his several "nominee" companies, BroadCom Wireless Communications Corporation, acquired control of BBAN, a struggling public oil and gas company, and changed the company's stated business purpose to "telecommunications." Over the next several months, Knight and Webb caused BBAN to issue press releases and file reports with the SEC which fraudulently touted the company's purported acquisition of several private telecommunications companies. Knight and Webb further hyped the acquisitions and BBAN's favorable business prospects on the company's website and the "Raging Bull" Internet bulletin board.

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