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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?


To: id who wrote (297)5/25/2002 6:22:02 AM
From: HairBall  Respond to of 589
 
id: The executives that told the analyst to lie in the first place should be targeted. The RICO statutes should be thrown at the whole organization. Simply going after the analyst is just allowing the big boyz to use them a sacrificial lambs.

However, this is how the game has always been played. I would not expect anything more.

Regards,
LG

PS: If the authorities wanted to really stop the corruption, they would confiscate all the personal assets of every single executive and or person connected to the corruption. Instead a mere slap of the hand 100 million dollar payoff provides a nice little payday for the NY Attorney General and paves the way for the authorities to continue to look the other allowing a return to business as usual in the near future for the brokerage. You might note, that Merrill was allowed to make this payment without admitting any wrong doing, thus minimizing the effectiveness of referring to the payoff in civil court.



To: id who wrote (297)5/28/2002 10:30:02 PM
From: Dave Gore  Respond to of 589
 
id, that's what I mean about pressure causing action. Whether it be continued public pressure, media pressure or in essence peer pressure (i.e. from places like the NY Attorney General's office), government agencies are in the hot seat and they are beginning to respond.