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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (29043)	7/6/2000 4:20:38 PM
From: Rock_nj	Read Replies (1) \| Respond to of 57584

I don't see how the SEC can prosecute Tokyo Joe for pumping and dumping when the same is done on a much larger scale by major brokrage firms who pump and dump their IPOs. The double-standard makes me sick. The same double-standard applies to the S&L bailout in the 80s. The S&L bailout, some of which was necessitated by rampant fraud and misuse of depositors funds, cost taxpayers billions of dollars. Did any of the S&L crooks go to jail? Hardly any. The hypocricy is when they send away armed bank robbers to prision for 10 to 20 for stealing $20,000, but don't prosecute the S&L crooks who stole billions. The bank robbers should have gone to work for the banks and swindled the money the old fashioned way, they'd have a lot more money and not be facing jail time.