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To: Lizzie Tudor who wrote (3292)3/6/2009 1:18:48 PM
From: clean86  Read Replies (2) | Respond to of 3618
 
I want the SEC to leave the good companies like Apple and Dell alone and *selectively* prosecute real fraud. Not everybody for every grey area accounting rule. Nor the "housing bubble". that was not fraud.

How about putting the uptick rule back in practice?



To: Lizzie Tudor who wrote (3292)3/6/2009 1:30:12 PM
From: Paul Chiu2 Recommendations  Read Replies (1) | Respond to of 3618
 
i credit you for speaking strongly about this; definitely on techs since 2003, maybe even earlier but i no longer remember....

stanford (not the school) and madoff are just 2 of the high profiles, there are far too many others we don't hear about.

statistics show that 1 out of every 100 americans are in jail. i venture to say that if all wall street crooks and tax cheats are caught, that would be more like 1 in 50.

obama's idea of no charitable contributions and mortgage interest deductions may not be a bad idea.
in fact, obama should talk to forbes and get some flat tax legislation in place.

the more loop holes, the bigger the rats moving through them.

paul



To: Lizzie Tudor who wrote (3292)3/6/2009 11:00:38 PM
From: Sr K  Respond to of 3618
 
>>The govt started this by prosecuting people like Nacchio and Dell <<

I don't recall Michael Dell being prosecuted.