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Pastimes : Jonathan Lebed, 14 Year Old Boy Fined 1/4 Million by SEC -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (48)9/21/2000 8:05:38 PM
From: Follies  Read Replies (1) | Respond to of 172
 
Let me see if I have this right.

If I tell you to jump off a bridge, and you do and kill yourself, thats your tough luck.

But if I tell you to buy a stock and you lose money, I can go to jail?

Curious minds want to know.



To: EL KABONG!!! who wrote (48)9/21/2000 8:09:27 PM
From: donjuan_demarco  Read Replies (2) | Respond to of 172
 
I am sorry, but it seems to me that the SEC suffers from a severe lack of testicular fortitude.

If a 19 year old kid can be prosecuted for possessing 1/8 of a gram of crack, and can be incarcerated at great cost for that offense, I don't see why they can't prosecute the alleged theft of over a quarter of a million dollars.

I say it is time for the SEC to either grow some balls or go home.


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