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Non-Tech : Home Solutions of America (HSOA), The best is yet to come -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (696)	8/11/2006 8:03:44 AM
From: elake	Read Replies (4) \| Respond to of 20808

SEC & Hedge Funds JSB, Thanks, btw, for moderating this mb. The tone & substance of this mb is stellar. To answer your questions about SEC ineffectiveness in going after hedge funds & others that "short & distort" (the opposite of "pump & dump") read or re-read former SEC investigator Gary Aguirre's Senate testimony before the Judiciary Committee: judiciary.senate.gov In particular, note how he separates the hedge fund fraud victims into two (2) distinct classes: (1) Hedge Fund Fraud against Hedge Fund Investors (2) Hedge Fund Fraud against Other Market Participants By this definition, HSOA long shareholders are in class (2). ALSO, Read carefully the testimony that same day from DOJ attorney Matthew Friedrich: judiciary.senate.gov Pay careful attention to what he does NOT talk about, i.e. enforcement actions against hedge funds. All he talks about are enforcement actions against corporations. This lack of focus on hedge funds is at the root of the problem.