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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (76864)5/27/2002 2:08:05 AM
From: JRandleman  Read Replies (1) | Respond to of 122087
 
McCarthyism?

dictionary.com

'The use of unfair investigatory or accusatory methods in order to suppress opposition.'

Yeah, sure wouldn't want any of THAT!

LOL!

The defendants "sometimes reported negative information about the targeted companies to the Securities and Exchange Commission and the FBI in order to initiate or hasten regulatory and law enforcement action, which they knew would cause the stock prices to fall sharply once such action became public," court papers said.

In one case, Royer searched the FBI's confidential National Crime Information Center database and discovered the criminal history of a top executive for a company called Nuclear Solutions, the papers said. The same day, Elgindy began sending e-mails calling the executive "a convicted felon,'' then sold the company's stock short, the papers added.


money.cnn.com