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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Elroy who wrote (18547)12/23/2016 9:13:42 PM
From: richardred  Read Replies (1) of 33421
 
I take it you haven't watched the movie The Big Short? If you haven't, rent it or Net FLIX it. You need to Watch it .

>Those entities deserve compensation if something was done wrong. No?

I'm not a lawyer, but I think any compensation is on specific case by case basis. That's why we do have lawyers at are disposal. Now a days, most companies that give press releases on earnings and guidance, have forward protecting statements. Otherwise ,anybody who lost money on their stock would be suing. Fraud is different from giving bad guidance.

In a most prominent notable wrong doing case, most recently by Wells Fargo. I believe Those harmed will be duly compensated.

Generally, one of the most common Corp. wrong doing phrase Ive seen since I stared investing in 1977. We agree to pay the fine without admitting or Denying guilt. This if there's have been fraud or wrong doing by some higher ups in a prominent company.
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