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To: H James Morris who wrote (80558)	10/14/1999 2:04:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

Hj, so what if the SEC slapped a few fraudsters on the back of the wrist? They're still letting 99% of the IPOs go through and trade without a hitch. And you know why? Every SEC official wants a job in the private sector after they leave, because thats where the money is. They will ignore fraud and illegality until the cows come home if they think it'll improve their chances of getting fat stock options packages when they eventually leave. For example, today the 2nd in command of the SEC's fraud enforcement division quit to join The Motley Fool. I am not making this up. Sort of like the FDA officials who almost ALWAYS end up working for large drug companies as "consultants" with fat salaries and no actual work required after they leave the FDA. Just last month, several FDA folks were caught red handed letting some dangerous drugs through the review process because they were being paid off by the drug manufacturers. One of these days I'll have to learn how to turn the other way and ignore corruption. Or maybe I just need to join it, and I'll feel better. But for now, it makes me sick.