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To: StockDung who wrote (4933)5/30/2002 1:56:13 AM
From: rrufff  Read Replies (2) | Respond to of 6847
 
There needs to be a level playing field with real protections for Joe Investor if we are ever going to have a fair balanced market. Will the SEC do the tough work to bring in fair markets so that it is harder for the type of scam that he pulled to hurt people?

Let's be fair - whether one is short or long - the Enron scam, the broker analyst scam and the short guru scam have all been played out. There should be no room for any of it.

Trading based on manipulative schemes, whether that is planting a story after establishing a position or pretending to be an analyst and recommending a stock while privately selling or trashing it all should be subject to disciplinary action and disgorgement of profits.

Management should be limited to (or at least eliminate tax deductions) for any pay package that does not track 5 year stock performance over a set amount. Management should be prohibited from dumping stock while hyping.

ETC ETC.

Yes, gooney, there are excesses that need to be eliminated. But let's be even handed. What A@P is alleged to have done did cost investors money, some of which are former associates of yours. Also those who used these scams to "create volume" so that they could escape their short position will undoubtedly be keeping an organge jump suit in their closet real soon.