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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (124077)	8/14/2010 7:27:32 PM
From: Madharry	3 Recommendations Read Replies (1) \| Respond to of 132070

wonder if you saw the news about C misleading the public about $40 billion or so of mortgage loans they said werent a problem. they ended up having to pay a paltry fine for that which of course comes out of existing shareholder hide. Now finra whatever that has caught Morgan Stanley about not divulging conflicts of interest in some 6,000 instances of securities over some 4 years. Their fine $.8 million. Do they actually think that is much of a punishment or any protection for investors? Here's another small item of interest. I have had a large position in GS for a few months- suddenly wed. morning it went from a technical buy to a technical sell in the premarket. it continued to be weak for the next two days and i sold out of the position on friday. Now it turns out the the ceo and the cfo both exercized options and sold the stock on wednesday. Many of the tech names also went negative including the QQQQ on wednesday ahead of the cisco earning call. think that somehow got out? Not that I'm any less gullible than the next person of course. At least I can sleep soundly knowing that the SEC FINRA etc. all have my best interests and working dilligently to protect them.