Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (22879)	7/31/1998 5:25:00 PM
From: Monty Lenard	Respond to of 94695

businessweek.com >>It has been more than four years since portfolio manager Worth Bruntjen got burned playing with derivatives. The pain, however, may be just beginning. The Securities & Exchange Commission announced on July 28 that it will launch a case against Bruntjen, Piper Capital Management, and five other employees of the investment management firm for securities fraud. The agency will seek fines and cease and desist orders from the individuals and the company. An attorney for the firm dismissed the case as ancient history and "a late hit."<< Jim, I love the part about "a late hit". What do they think? that time changes the fact that they committed a crime? If it had been their money that was lost to the fraud, they would be singing a different tune. I have little doubt that the market can be manipulated. Have you read the book "Blood in the water on Wall Street". YOU would love it! Monty