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To: Ken98 who wrote (82503)1/5/2000 4:26:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
Well I think the key issue is getting paid via stock to pimp the company, if that happened. Brokerages get paid also, via new banking business, but that is not quite so direct. Big mistake on his part.

The SEC doesn't seem interested in the least in the other activities of pimping to make money on held inventory of stock or options. Jeff Vinick sort of got in hot water pumping POS while he was unloading it. But that is about as far as it has ever gone. And that was under the old ground rules which were dramatically shifted after SleasyAl pulled the rate cut right up against options expiry letting everyone make boatloads of money to bail out LTC and a few others that weren't mentioned.