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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Buckey who wrote (148849)10/1/2006 8:26:06 PM
From: jmhollen  Read Replies (1) of 150070
 
Like Worldcom, Tyco, and Enron it just another case of the unsupervised ultra-rich gone nuts. Fortunately the victims were mostly the greedy and rich Hedgie-funders who got hosed - and not the "..little guys.." for change.

It looks like the authorities may raise the income requirements and reduce the %-of-portfolio involvement that even the richies can dump into those market warping Hedge Funds; instead of writing more laws they don't have the SEC personnel to enforce anyway. That will result in the Hedge Funds having to check more closely who is qualified to invest and result in larger numbers of hopefully more curious people required to build up their system manipulating bankrolls.

Hopefully the rising ground swell in whizzed-off DTCC and NSS haters will keep the boobs at the SEC and Congress focused on where the real crooks are operating; the raping of the Small Cap investors and markets - to steal the capital needed to build new technologies and companies that hire lots of people.

John :-)

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