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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Lars who wrote (2476)12/15/1998 11:26:00 AM
From: Trebor  Read Replies (1) of 15132
 
>For Levitt, the SEC chief, nothing less than the integrity of the U.S. stock market is at issue. ''If some individuals or organizations are getting information that others are not getting, that means our markets are no longer trustworthy and no longer credible,and that can't be tolerated,'' he said.<

Hey I hate to tell you, Mr. SEC Chief, but there is nothing new here. Insiders and others have always had access to information the rest of us don't have. What do you think those Wall St. "whisper numbers" are all about. Perhaps the only thing new is the guys in the closed door meetings now have cell phones, so they don't have to go all the way to the lobby to call their broker.
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