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To: Just My Opinion who wrote (49127)7/3/1998 7:52:00 PM
From: MY OPINION  Read Replies (3) | Respond to of 55532
 
God i love this thread!
better than any mystery novel.



To: Just My Opinion who wrote (49127)7/3/1998 8:06:00 PM
From: TideGlider  Read Replies (2) | Respond to of 55532
 
Al: My comments are to the point as you will see ti upon review of the numerous SEC enforcement cases. They may be viewed at the SEC web site.

I believe a settlement is usually indicative of guilt. However, there are some agencies at times that force settlements as financial concerns of the target cannot withstand prolonged litigation.

This is the case with some "rogue agencies" so described in the media of late. Generally such circumstances are expressed by targets of IRS and EPA, both state and federal. I have seen cases were people are forced to settle or nearly came to that point, although apparently the case was weak.

The SEC on the other hand, generally, as you have implied, have the "nuts" when they bring a case. Now that is not to say that they won't indict a wider group of individuals in order to ensure cooperation should the case enter the "arena". The penalty for losing in the arena is far greater than in settlement.

Not being diplomatic. Just the manner in which these things are published and therefore a more accurate manner in which to answer your question.

Adjudication of guilt...hehe...certainly does mean "GUILTY"....

If they is guilty of these things, it is despicable. However, that much being said, I think it is fair to let the SEC have there way with them and we can follow the drama.

TG