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To: Ibexx who wrote (129051)3/4/2001 3:30:19 PM
From: The Duke of URLĀ©  Respond to of 186894
 
I will respond to your post here in perhaps more detail than is warranted or desired by the thread.

It is very important to the stock market to maintain honesty (aka full disclosure) to maintain the availability of capital to "good" companies.

Nothing will happen to ML unless Mandatory Arbitration is eliminated AND/or the Bush Administration continues the avenues of prosecution of full disclosure as promoted by FD and the kickbacks received by the Wirehouses from the Funds who spun the IPO's.

There is definitely no guarantee that any of that will proceed. A lot depends on public opinion, and public opinion depends on "the great unwashed" being given the unbiased information.

That depends on campaign finance reform. Goodluck in breaking that Gordian knot.

going after a 15 yr old for pumping and dumping,

You may not want to hear this, most people don't but that kid's case is a perfect example of why a Supreme Court, in perhaps a more enlightened time, said that the boy should have be Mirandized, give a VALID Miranda Warning. It is BETTER to allow one little fish to get off, in the hopes of changing the law or better enforcing it against the Bigger fish.

Duke, J.