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


To: Raymond Duray who wrote (459233)9/15/2003 9:27:35 PM
From: Selectric II  Read Replies (1) | Respond to of 769667
 
"The little guy doesn't have a friend in Washington", as Arthur Leavitt put it when leaving the SEC. Subsequent shenanigans by Harvey Pitt as head of the SEC proved Leavitt to be prescient.

You win today's Goebbels award. Arthur Leavitt happily presided over the most corrupt period in NASDAQ history, the Clinton stock market bubble, which cost little investors billions. Just before leaving, Leavitt crowed over changing the rules so stocks would be traded in decimals instead of 1/8's, purporting to save a few cents on each trade. BIG SH**! Thanks, Leavitt, for saving the little guy.