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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (283220)8/2/2002 2:01:34 PM
From: Arthur Radley  Respond to of 769670
 
Appears they have a few pin strips trying to hide under a rock....but think Cheney already has the rocks under use."

Friday August 2, 1:40 pm Eastern Time
Associated Press
Six Investment Banks Face SEC Fines
By PETER SVENSSON, AP Business Writer

Six Investment Banks Face Fines for Failing to Produce E-Mail Sought in Probes
NEW YORK (AP) -- Securities regulators are planning to fine six investment banks for failing to produce e-mails sought in investigations into industry practices, sources said Friday.

The Securities and Exchange Commission, the regulatory arms of the New York Stock Exchange and the National Association of Securities Dealers have proposed fining the banks a total of $10 million for failing to store their e-mails as required, according to sources close to regulators and one of the investment banks who spoke on condition of anonymity.




Securities companies are required to retain e-mails and other documents for three years.

Morgan Stanley, Goldman Sachs Group, Citigroup's Salomon Smith Barney, Merrill Lynch, Deutsche Bank and U.S. Bancorp Piper Jaffray are being targeted.



To: DuckTapeSunroof who wrote (283220)8/2/2002 11:00:15 PM
From: haqihana  Read Replies (1) | Respond to of 769670
 
Bud, How would you know anything about the military??