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To: Square_Dealings who wrote (259269)9/6/2003 11:28:55 PM
From: J. P.  Respond to of 436258
 
The states are going after these guys now, on TV I saw Bernie Ebbers being dragged into court in Oklahoma. They said the case against him was quite strong, and if convicted he might do 10 years or so...



To: Square_Dealings who wrote (259269)9/7/2003 9:29:49 AM
From: Pogeu Mahone  Respond to of 436258
 
<<And what action has the SEC taken lately to crack down on fraud?>>

the SEC wants to stop States from being able to prosecute financial crimes.
does this count?<G>



To: Square_Dealings who wrote (259269)9/8/2003 9:16:15 AM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
michael, the SEC has been totally asleep at the switch while fraud has run rampant. If it wasn't for this Spitzer character, there would be no action at all. True, he's political and true, he settles the cases for too little, but at least he's doing something.


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