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It had to resort to this after the SEC looked so inept before Congress.

Most disturbing, Fairfax had to spend shareholder capital to acquire this evidence in civil court after the SEC refused to respond to their complaints. Based on what you see in these e-Mails, and where discovery was limited to just Fairfax, you have to wonder how many others are out there...

What is amusing is that Chanos sends this report to a rival and yet, when Chanos meets with the SEC and Congress he whines about proprietary trade strategies. Chanos has fought all transparencies in this area calling such disclosure dangerous. Chanos likewise argues that the information he...

Between these inconsistencies, his connections, and the Barrons data illustrating some front running of his daily picks, I can't understand why Fed's are not looking closer into him. Stock Manipulation is still a criminal offense, or so I was led to believe.

You really have to ask, what kind of Med's is this guy on. how can you trust a guy that changes his opinions as frequently as a whore changes undies. Cramer After: http://www.cnbc.com/id/15840232?video=1029422664&play=1 Cramer Before: In 2006, Don't Blame the Shorts By James J...

I suggest protecting your assets when they move to Penson. Penson has a reputation of lending them out without authority.

Neo, you seem to be pretty clueless with respect to your accusations. Baker was addressing this subject back at a time when the markets were advancing. The fact that they have now declined have nothing to do with it.

Friday, February 6, 2009 A HISTORY LESSON “General affairs here are about as bad as they can be.” -J.P. “Jack” Morgan, Jr. August 8, 1907 “[R]egulatory bodies, like the people who comprise them, have a marked life cycle. In youth they are vigorous, aggressive, evangelistic...

Immelt is your classic CEO. More than 50% of GE was GE Capital (ie. liquidity provider) so if there is a crisis of liquidity GE is part of the problem. Furthermore, as our nation is in a crisis of confidence, instead of reinforcing the US workforce, these CEO's terminate jobs to secure...

You guys are missing the point. The big fight on Capital Hill is about tax breaks for the rich. The guys on CNBC and elsewhere say it is unfair - tax the rich and there will be no re-investment into our economy. This is the re-investment they speak of. The fact that these expenses put...

Wall Street's Rigged Casino Stock-Markets / Market Manipulation Jan 13, 2009 - 09:15 AM By: Jennifer_Barry Last year was certainly a turbulent one for investors. Not only did good assets and companies sell off with bad, but the very integrity of the U.S. markets was brought into question...

Bernanke is a bad bank.

amazing. the biggest cowards in this country just so happen to be some of the richest or at least well enough off. Layoffs, loss of savings, etc...is a common blue collar/middle class dilemma and few resort to suicide or faking death to get away with the thievery. Seems wall street is...

Imagine that, the SEC does know how to analyze a ponzi scheme. funny they can find the $50 Million and $18 Million schemes but fail to see the $50 Billion schemes despite being handed the road map.

Monday, Jan. 05, 2009 The Ponzi Scheme in Every Hedge Fund By Ari J. Officer Bernard Madoff's $50 billion Ponzi scheme continues to rock the financial world. But most hedge funds actually engage in similar — albeit legal — practices in the short run. In the past, these practices...

What is most interesting is that the Congressional Committee who was chewing out Kotz is more to blame in this than Kotz. The OIG only gets involved when there is a complaint of wrongdoing within the SEC. they do not see the daily market activities or the daily regulatory environments...

Greed fosters stupidity plain and simple.

When the SEC comes knocking they usually do so without giving the accused the benefit of the doubt. But that is for the little folks. If your name is Bernie Madoff and you run a $50 Billion ponzi scheme the SEC may just take your word for it that everything is up to snuff. In a civil...

Figure that this investigation came about when the SEC looked into sharesleuth.com as many people, including the financial media, questioned the ethics and laws about shorting ahead of a news story you paid for. Cuban was horting the stocks sharesleuth was prepring a hatchet job on and...

nutjob, why do you speak? do you always apologize for fraud? Cuban was given confidential information he AGREED to accept from the CEO of a company he befriended AFTER investing. He traded on that confidential non-public information. Had it not been for that non-pblic information those...