Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (10226)	12/3/2001 11:44:41 PM
From: MSI	Respond to of 99280

>"It's just human nature, wherever the biggest pile of money is that's where you'll find the most thieves & swindlers" Also where there's the least efficient markets, and least disclosure. The antidote is disclosure and accountability, unlike ENE, the fed gov't, political parties, etc (regardless of the size of campaign contributions/bribes). The unfortunate assumption has to be that secrecy in public institutions breeds incompetence and criminality. I like the old JP Morgan quote that a person "does a thing for two reasons: a good reason, and the real reason". Lay paid $2 million to GWB for the "good reason" of furthering Republicanism; the "real reason" was to protect 100X to 1,000X that amount in illegal gain. Not a bad ROI ! Had their CPA firm not been hypnotized they might have avoided that debacle. The upcoming lawsuit should wake them up. As far as the semantic difference btwn manipulation vs transaction, I'm not sure what your point is. "Bona fide" means legal & ethical, in my usage. A lot of gray areas, for sure, that only sharpen up with highly liquid markets, w. adequate levels of information. Inefficient under-regulated markets screw less-informed participants. Maybe that's what you refer to.