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Strategies & Market Trends : Banned.......Replies to the A@P thread. -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (3734)4/28/2005 6:55:36 PM
From: olivier asser  Respond to of 5425
 
Incredible.

Maybe federal and state prosecutors should follow suit and conduct their practice as does SEC: When a rapist reaches a plea bargain, they'll then be permitted to agree to a stint in a federal penitentiary that represents 10% of the recommended minimum, and at the same time "not admit to any wrongdoing," meaning no criminal record. Why are financial rapists treated this way I wonder. Someone approve of destroying people's lives if the methods are suitably sophisticated? It sure seems that way now doesn't it.

Not quite the same as what Eliot Spitzer is doing now is it. Maybe that's why via Congress Wall Street and their substantial lobby attempted to strip him of his powers, which ended in complete failure. Well, some things thank goodness are just not possible in a democracy. Reminds me of what Herman Wouk through one of his characters wrote in The Winds of War: "They vote their political hunches to protect their political hides." In that case it was to block aid to England while the US (but thank God not our President) was asleep; but in this case we Americans can thank those political hunches/political hides for doing the right thing by all of us.

Mr. Chapman, a 63-year-old Salt Lake City resident and an associate of jailed fraudster Allen Wolfson, did not admit to any wrongdoing in reaching the settlement.