SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (21052)7/9/2002 5:20:39 PM
From: calgal  Respond to of 74559
 
Bush announces 'financial crimes SWAT team'
President George W Bush has called for stiff new penalties for corporate criminals and a crackdown on boardroom scandals.

He made the call in a speech on Wall Street.

channels.netscape.com.

President Bush announced a new task force for the pursuit and prosecution of corporate criminal activity.

He said, "We will use the full weight of the law to expose and root out corruption."

The president called on the US Sentencing Commission to recommend longer prison terms for corporate executives guilty of fraud.

The task force will be headed by Deputy Attorney General Larry Thompson and include investigators from the Department of Justice and other agencies.

Bush likened it to a "financial crimes SWAT team, overseeing the investigation of corporate abusers and bringing them to account."

Copyright Ananova 2002 all rights reserved



To: Maurice Winn who wrote (21052)7/9/2002 7:03:04 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<Actually DAK, last I checked, all the shares issued and being bought on the markets every day are being held by Mr Market. Shareholders, including those who bought all the shares today, obviously see profits worth holding stocks for at the moment. Therefore, your idea is incorrect. >

LOL, correct, I should have said, Mr. Market reduces daily what he thinks the profit of holding stocks will be. Feel better??

<Maybe you have different ideas about what's a significant price change>

Everyone has different ideas... it's done no where but up looking back a couple years. With the extent of ownership as a reserve, it could literally go anywhere with the Fed printing so many. Quite frankly I find it shocking any foreigners would hold any at this price vs GOLD.

DAK