IMNR - Immune Response Message Board

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Biotech / Medical : IMNR - Immune Response

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To: Robert Knight who wrote (889)	7/9/1998 3:29:00 PM
From: ahhaha	Read Replies (2) of 1510

I've been a trader, market maker, stock broker, institutional money manager for 27 years. I've dealt with these issues directly and have had much interaction with the evolution of the interpretation of securities laws during the intervening years. I aver that the most feared thing of all securities dealers at any level is the threat of violation of securities laws because you do hard time for it and the SEC is notorious, perhaps even more than the IRS, of getting their man. They believe they have a holy duty to serve the people in this. They take the FBI attitude. Now, who is going to cheat a little for two cents when you can't even control the payment and you risk hard time? Tell me, how do you get money out of this cheating? Somewhere along the line you have to deposit a check. That leaves more evidence. I can't even imagine how you could extract payment even with my insider's knowledge about the machinery. You are claiming that individuals do this cheating for the firms for whom they work with no payment. They take all the risk because they are so loyal to those firms. They want their firms to make two more cents. What planet are you from?

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