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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: afrayem onigwecher who wrote (11756)	6/12/2003 12:32:34 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 19428

Itztak you go both ways, so which side are you on? You would be in love with yourself but for the fact that you are not sure if you would reciprocate, LOL.

To: afrayem onigwecher who wrote (11756)	6/12/2003 12:05:28 PM
From: StockDung	Read Replies (1) \| Respond to of 19428

YOU AND YOUR SAF-T-LOK CREW ARE GOING TO PAY DEARLY THIS TIME ISAAC. Potential Securities Violations Continue at DHB Industries - Complaint Alerts SEC to DHB's Alleged Failure to Disclose Related Transactions and Hidden Income Source - NEW YORK, June 12 /PRNewswire/ -- A third complaint letter filed today against DHB Industries (Amex: DHB) with the Securities Exchange Commission alleges DHB has continued to violate federal securities regulations requiring disclosure of material information to investors. The complaint, filed by the Union of Needletrades, Industrial & Textile Employees (UNITE), reveals that DHB executives failed to disclose to investors that they had established a private company operating inside the publicly traded DHB. The shadow entity, "Tactical Armor Products" (TAP), is owned by Terry Brooks, the wife of DHB's CEO David Brooks, and operated out of a factory leased by DHB in Jacksboro, Tennessee. Although, TAP is constituted independently of DHB, it transacts with DHB as a party to one of DHB's federal contracts and as a product supplier to other DHB subsidiaries. DHB has not disclosed any of these transactions with TAP, or TAP's apparent status as a de facto DHB subsidiary, in potential violation of SEC Regulations S-K and S-X. In filing the complaint, UNITE's General Counsel, David Prouty, said, "The purpose of these disclosure requirements is to protect investors from conflicts of interest and self-dealing transactions that can destroy investments and ruin companies. We call on DHB to come clean about its related transactions and start respecting securities laws." In 1992, David Brooks, DHB's CEO, Chairman and largest shareholder was implicated in an insider trading scheme resulting in a federal injunction that he commit no further aiding and abetting violations. Shortly afterwards, the SEC banned him from associating with any investment company for five years. DHB was denied listing on the NASDAQ SmallCap market in 1995, partly because of Brooks' history of securities violations. UNITE has filed two previous letters of complaint with the SEC this year -- the first on February 6, the second on April 4 - alleging that DHB systematically failed to disclose key information to shareholders. All three letters are posted at www.uniteunion.org. Since July 2002, employees at DHB's Point Blank subsidiary have been seeking union representation with UNITE for better working conditions. UNITE is the largest union of apparel, textile, and laundry employees in North America, with over 250,000 members. SOURCE Union of Needletrades, Industrial & Textile Employees CO: Union of Needletrades, Industrial & Textile Employees; DHB Industries ST: New York SU: LBR Web site: uniteunion.org prnewswire.com 06/12/2003 09:02 EDT

To: afrayem onigwecher who wrote (11756)	6/12/2003 12:05:28 PM
From: StockDung	Respond to of 19428

YOU AND YOUR SAF-T-LOK CREW ARE GOING TO PAY DEARLY THIS TIME ISAAC. Potential Securities Violations Continue at DHB Industries - Complaint Alerts SEC to DHB's Alleged Failure to Disclose Related Transactions and Hidden Income Source - NEW YORK, June 12 /PRNewswire/ -- A third complaint letter filed today against DHB Industries (Amex: DHB) with the Securities Exchange Commission alleges DHB has continued to violate federal securities regulations requiring disclosure of material information to investors. The complaint, filed by the Union of Needletrades, Industrial & Textile Employees (UNITE), reveals that DHB executives failed to disclose to investors that they had established a private company operating inside the publicly traded DHB. The shadow entity, "Tactical Armor Products" (TAP), is owned by Terry Brooks, the wife of DHB's CEO David Brooks, and operated out of a factory leased by DHB in Jacksboro, Tennessee. Although, TAP is constituted independently of DHB, it transacts with DHB as a party to one of DHB's federal contracts and as a product supplier to other DHB subsidiaries. DHB has not disclosed any of these transactions with TAP, or TAP's apparent status as a de facto DHB subsidiary, in potential violation of SEC Regulations S-K and S-X. In filing the complaint, UNITE's General Counsel, David Prouty, said, "The purpose of these disclosure requirements is to protect investors from conflicts of interest and self-dealing transactions that can destroy investments and ruin companies. We call on DHB to come clean about its related transactions and start respecting securities laws." In 1992, David Brooks, DHB's CEO, Chairman and largest shareholder was implicated in an insider trading scheme resulting in a federal injunction that he commit no further aiding and abetting violations. Shortly afterwards, the SEC banned him from associating with any investment company for five years. DHB was denied listing on the NASDAQ SmallCap market in 1995, partly because of Brooks' history of securities violations. UNITE has filed two previous letters of complaint with the SEC this year -- the first on February 6, the second on April 4 - alleging that DHB systematically failed to disclose key information to shareholders. All three letters are posted at www.uniteunion.org. Since July 2002, employees at DHB's Point Blank subsidiary have been seeking union representation with UNITE for better working conditions. UNITE is the largest union of apparel, textile, and laundry employees in North America, with over 250,000 members. SOURCE Union of Needletrades, Industrial & Textile Employees CO: Union of Needletrades, Industrial & Textile Employees; DHB Industries ST: New York SU: LBR Web site: uniteunion.org prnewswire.com 06/12/2003 09:02 EDT

To: afrayem onigwecher who wrote (11756)	6/12/2003 9:35:36 PM
From: StockDung	Respond to of 19428

U.S. FTC seeks more authority to fight spam By Peter Kaplan and Andy Sullivan WASHINGTON, June 11 (Reuters) - The U.S. Federal Trade Commission asked Congress on Wednesday for additional authority to fight the unwanted Internet "spam" that now accounts for up to half of all e-mail traffic. In testimony before the House of Representatives consumer protection subcommittee, FTC commissioners said they need the ability to secretly investigate those who send deceptive e-mail and more leeway to go after spammers who send their messages across international borders. Though several anti-spam bills have been introduced in Congress, the request seemed to catch lawmakers off guard. House Commerce Committee Chairman Billy Tauzin, a Louisiana Republican, said he was "surprised" by the FTC's proposal but was willing to "refine and improve" an anti-spam bill he had developed. FTC commissioner Orson Swindle told the lawmakers that spam "has become the weapon of choice for those engaged in fraud and deception" and is "about to kill the killer (application) of the Internet, specifically consumer use of e-mail and e-commerce." "Dealing with the emotional reaction of spam by millions of users requires our immediate attention before it gets out of hand," Swindle said. E-mail marketers should be required to describe their products honestly and honor consumer requests to be taken off their contact lists, the commissioners said, while criminal penalties should be explored for those who falsify their return addresses. The proposals "would provide more effective investigative and enforcement tools and would enhance the FTC's continuing law enforcement efforts," the five commissioners said in a joint statement. Unsolicited, unwanted e-mail has skyrocketed in volume over the past several years, flooding users' in-boxes and costing businesses billions of dollars in wasted bandwidth. Internet providers and filtering companies say spam now makes up between 40 percent and 80 percent of all e-mail. The FTC has used anti-fraud laws and a database of millions of spams to prosecute some 53 spammers over the past few years, but FTC commissioners said they need additional powers to go after the worst offenders. Because many spammers close up shop and hide their assets once they realize they are being targeted, FTC agents should be allowed to investigate them in secret for a limited period of time, commissioners said, or at least delay notification. FTC agents should be able to review spam complaints amassed by Internet providers and given greater latitude to go after spammers who hijack others' accounts, they said. The new authority to go after spam should be modeled after the laws that give the FTC jurisdiction over telemarketers, the commissioners said. That means requiring spammers to honestly reveal who they are and what they are selling. And a greater authority to cooperate with other countries would make it easier to track spammers and other scam artists who operate internationally, they said. The commissioners also are seeking changes in the law that would allow them to cooperate more closely with overseas authorities to investigate cases of cross-border fraud, many of which are carried out via e-mail. "Cross border fraud legislation is a necessary element to make spam legislation effective," FTC Commissioner Mozelle Thompson said. The FTC also said Congress should revoke an exemption in the law that restricts its authority over telecommunications firms and other "common carriers." 06/11/03 14:41 ET

To: afrayem onigwecher who wrote (11756)	6/12/2003 10:16:31 PM
From: StockDung	Respond to of 19428

Ottawa introduces sweeping bill to crack down on corporate fraud ALEXANDER PANETTA Canadian Press Thursday, June 12, 2003 OTTAWA (CP) - The federal government introduced sweeping corporate-fraud legislation Thursday in an attempt to bolster investor confidence following a barrage of international corporate scandals. The legislation would toughen rules on insider trading, making it an offence under the Criminal Code punishable by up to 10 years in prison. It would also raise maximum sentences for existing white-collar crimes, and make it illegal for companies to punish whistle-blowers who expose corporate wrongdoings. "Capital-markets fraud hurts everyone," said Justice Minister Martin Cauchon. "It can have a devastating impact on the investments and the retirement savings of all Canadians and it can even threaten the security of our financial markets. "Today we are sending a strong message that the government of Canada will not tolerate capital-markets fraud." The move comes after allegations of fraud, insider trading and improper accounting practices over the past two years shook financial markets around the world, among them at U.S.-based Enron and WorldCom. Also, the government announced creation of six special investigation teams dedicated to financial-markets fraud cases. Made up of RCMP investigators, federal lawyers and other experts, the Integrated Market Enforcement Teams (IMETs) will be introduced in 2004-05. The teams will be based in the financial districts of Toronto, Vancouver, Montreal and Calgary, but will investigate white-collar crime across the country. The measures announced Thursday are aimed not only at white-collar criminals, but also at deterring others from committing such crimes, said Solicitor General Wayne Easter. "The government of Canada takes corporate fraud seriously and we are committed to deterring criminal activity in Canada's capital markets," said Easter, who made the announcement with Cauchon. The key measures of the new bill include: - Creating a new Criminal Code offence of improper inside trading that would target employees of corporations and others who use privileged information to benefit themselves. - Protecting employees who report unlawful conduct within their corporation. Punishing or threatening such whistle-blowers would carry a maximum sentence of five years in prison. - Raising maximum sentences for fraud offences and establishing aggravating factors to assist the courts in determining appropriate sentences. Meanwhile Thursday, the government promised tougher penalties for companies found negligent in the injury or death of an employee. Cauchon introduced legislation to "modernize" corporate liability rules in his long-awaited reaction to the Westray disaster, where 26 miners died in a 1992 explosion. The so-called Westray bill could lead to criminal-negligence charges against companies that fail to protect the safety of workers. The bill would also extend legal responsibility for employee safety to lower-level supervisors. Some current liability laws date back to the 19th century, when top management often oversaw all of a company's day-to-day operations. Cauchon said the new legislation takes into account the complex structure of modern companies, where middle- and lower-level management often oversee daily operations. There is no set limit on fines against companies convicted of serious offences under the Criminal Code. © Copyright 2003 The Canadian Press