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Pastimes : Where the GIT's are going

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To: sandintoes who wrote (135994)	2/26/2007 1:42:36 PM
From: Augustus Gloop	Read Replies (3) of 225578

<<teach a business law class>> LOL!! Enjoy LOL!! Lets have a show of hands of people who believe Biz law to be the worst class ever taken...Stats is second for me. In my business I can take the ethical high road and still be in violation of the law and thus stripped of my career. It took me about 5 years to figure out that if I was going to remain ethically true to myself and clients that I was going to be operating outside the law in some cases. The lines between right, wrong and law have been totally blurred in this country. So I use my ethical foundation as my guide and throw caution to the wind. I may get stung for that some day but I know in my heart that I'm doing the right thing by my clients. It's a battle that I know I could argue in court. I also know that the way I'd go about fighting it would end up in me being held in contempt of court because I have no respect for their oversight agencies. Only the small guy is held to true oversight - the big companies don't have oversight - they benefit from "overlook" instead. The example I use is the SEC. That group should be called the selective enforcement committee. After being bought out by Merrill Lynch shortly after the investment banking and securities marketing divisions were found to be working together M&L paid them 100 million dollars and all was forgotten. Forget the pensions and retirements that they single handedly crashed on behalf of investors. With 100 million in their pocket the SEC declared no harm no foul for M&L. Our governmental agencies suck from the bottom up - no wonder their breath is so bad! The next issue is going to be huge but I'll refrain from impugning the sector it will include. It's 2 years away but will make the scandals of the stock market look small by comparison. All I can say is buy yourself a safe and some gold because we're going to see confidence in our monetary system sink to levels only seen following October of 1929.

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