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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (3174)7/8/1999 12:56:00 PM
From: s martin  Respond to of 3795
 
It was a good article and it's placement on the top of the front page of IBD wasn't too shabby either. I'm sure your faithful critics who scream for recognition are pouting this morning. When people begin to understand that fraud in the BB's or any of the other exchanges, hurts the integrity of Wall Street maybe they will begin to understand how these frauds can impact the most conservative of investments. Those who think it cannot impact them because they only invest in "quality" stocks need to re-think the issue, IMO.

This article pointed out the laxness in enforcement which opens the door to more and more fraud. For every one fraud the SEC puts a halt to, ten more take it's place. It seems that today the fraudsters have the upper hand, perhaps with more information such as today's article, people will understand the seriousness of what they consider to be just a "game".



To: Janice Shell who wrote (3174)7/8/1999 1:10:00 PM
From: Tom C  Read Replies (1) | Respond to of 3795
 
Janice,

Remember DGIV (Digitcom)?

The Securities and Exchange Commission ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 ("Exchange Act"), of trading in the securities of Digitcom Interactive Video Network ("Digitcom"), beginning 9:30 a.m. EDT, on July 8, 1999, and concluding 11:59 p.m. EDT, on July 21, 1999.


sec.gov

Tom




To: Janice Shell who wrote (3174)7/8/1999 1:23:00 PM
From: Peter V  Read Replies (1) | Respond to of 3795
 
A nice story, too bad they didn't mention the ludicrous lawsuit that resulted from the April Fool's joke. Bidness Liar deserves to be publicly humiliated for this suit.



To: Janice Shell who wrote (3174)7/9/1999 12:23:00 PM
From: TideGlider  Respond to of 3795
 
OT Business Story

SON-IN-LAW

____________________________

A very successful businessman had a meeting with his new
son-in-law. "I love my daughter, and now I welcome you
into the family," said the man. "To show you how much we
care for you, I'm making you a 50-50 partner in my business.
All you have to do is go to the factory every day and learn
the operations."

The son-in-law interrupted, "I hate factories. I can't
stand the noise."

"I see," replied the father-in-law. "Well, then you'll
work in the office and take charge of some of the operations."

"I hate office work," said the son-on-law. "I can't stand
being stuck behind a desk all day."

"Wait a minute," said the father-in-law. "I just make you
half-owner of a moneymaking organization, but you don't
like factories and won't work in a office. What am I going
to do with you?"

"Easy," said the young man. "Buy me out."