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To: anachronist who wrote (58929)	4/20/2006 5:52:37 PM
From: shades	Respond to of 110194

He-Man - I liked that guy - he was cool. Prince Adam was such a dork though. Orko was my favorite. "Thus usury tends to force economic activity into the hands of the few which is often seen as another negative aspect of modern Capitalism." Do you really believe this garbage? Not only do I believe it - I saw it happen firsthand - a highschool dropout go from zero to one of the wealthiest people in the city in a few short years - usury served him well. People were busting thier baltz to give him all thier resources beyond bare sustinence. In the earlier part of this century - most of the wealth was owned by laborers - now 70% by stockholding baby boomers eh? My forefathers in scotland - the landowners got too repressive so they got William Wallace to beat em up. Why did Zorro come to help my other forefathers? Happened to my grandpa in the depression - you have trouble with reality I see. I believe you need to study a lot more history than you have. He-Man is good - but you need to feed other parts of your psyche. For a start why don't you do a search for articles relating to increasing "wealth gap" Here are some recent ones - all the news says it is widening to me - not decreasing: news.google.com

To: anachronist who wrote (58929)	4/20/2006 6:34:41 PM
From: shades	Read Replies (1) \| Respond to of 110194

JPMorgan Agrees To Settle IPO 'Laddering' Suit For $425M (what whining little babies - suing JPM - how can you stand it? they should be thankful for the lesson JPM taught them eh? you are so silly) . By David Enrich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--JPMorgan Chase & Co. (JPM) has agreed in principle to pay $425 million to settle litigation accusing the bank of artificially inflating the price of stock after initial public offerings. The case involves allegations of "laddering," a scheme in which Wall Street underwriters allocated shares in hot IPOs to institutional investors on the condition that they would keep buying shares after the stock started trading publicly. The investors also had to pay higher commissions. The practice, which took place during the dot-com boom in the late 1990s, was designed to boost the price of shares. JPMorgan spokesman Joseph Evangelisti said the settlement will have "no adverse effect on our financial results." The preliminary settlement pact, which is nonbinding, makes JPMorgan the first investment bank to resolve the claims, said Melvyn Weiss, a partner in law firm Milberg Weiss, which is representing plaintiffs in the suit. The settlement is subject to court approval. Dozens of other investment banks, including some major Wall Street brokerages, have also been sued. Weiss said JPMorgan's decision to settle is a "strong indication that others will follow, but I can't guarantee it." Early last year, Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) agreed to pay $40 million each to settle Securities and Exchange Commission allegations about laddering. -By David Enrich, Dow Jones Newswires; 201-938-2123; david.enrich@Dowjones.com (Jed Horowitz contributed to this article.) (END) Dow Jones Newswires April 20, 2006 17:14 ET (21:14 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 05 14 PM EDT 04-20-06

To: anachronist who wrote (58929)	4/20/2006 6:36:41 PM
From: shades	Respond to of 110194

Freddie Mac To Pay $410 Million To Settle Class Actions (why are they suing? they got taught a lesson - they should be happy - what whining little babies - you are so silly) . By Damian Paletta Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--Freddie Mac (FRE) announced Thursday that it would pay $410 million to settle securities class-action and shareholder derivative lawsuits stemming from its restatement of earnings from 2000 to 2002. The announcement comes just two days after Freddie announced a $3.8 million settlement with the Federal Election Commission to resolve allegations that the mortgage giant violated campaign-finance laws. "Today's settlement, like the settlement announced earlier this week with the Federal Election Commission, enables this management team to resolve past issues so that we can focus squarely on meeting our important housing mission, running the business well and serving the needs of our customers," Freddie chairman and chief executive Richard Syron said in a news release. Freddie expects the settlement to lower its first-quarter 2005 net income by $220 million after tax. Freddie has spent several years trying to resolve its accounting problems. In 2003, the company announced it was restating $5 billion in earnings from 2000 to 2002. Last November, the company said new accounting problems forced it to restate its profit for the first half of 2005 downward by $220 million. In December 2003, Freddie agreed to pay a $125 million fine to its safety and soundness regulator, the Office of Federal Housing Enterprise Oversight, stemming from weak accounting and risk-management systems. Also that December, the GSE named Syron as its new chief executive officer. In September 2004, Freddie named Eugene McQuade as its new president and chief operating officer. Freddie's most recent personnel announcement came on March 22, when it said chief financial officer Martin Baumann was stepping down. In August 2004, the Securities and Exchange Commission said it was considering bringing charges against Freddie stemming from its accounting scandal. To date, the agency hasn't imposed any sanctions. Freddie didn't admit wrongdoing in the Federal Election Commission case. -By Damian Paletta, Dow Jones Newswires; 202-862-9241; Damian.Paletta@dowjones.com (END) Dow Jones Newswires April 20, 2006 17:28 ET (21:28 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 05 28 PM EDT 04-20-06