Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

[SoesWasBetter]

Something fishy about this whole story.

If it was that easy to spoof the market, you'd all be rich

 

[Spooz Top 2]

You're asking them to ignore a blatant, cut and dry violation of the law that any prosecutor will tell you is easily winnable. Having sat in the shoes of a Federal employee I understand that you just can't do that when your job is to prosecute these types of cases. In every event it's important to understand that failure to act in one part of an agency should have no bearing in if the rest of the agency does it's job. That's like saying the LA DA didn't prosecute Roman Polanski aggressively enough so what the hell are they doing still putting pedophiles behind bars in LA.

Your Roman Polanski example was the exception & not the rule... Inversely... HFT`s & the Big Houses are the rule where as these two disenfranchised chooch`s are the exception.. Thanks for making my point for me.

 

[Spooz Top 2]

Way to be consistent SEC.. You guys are killing it!

 

[Sig]

Your Roman Polanski example was the exception & not the rule... Inversely... HFT`s & the Big Houses are the rule where as these two disenfranchised chooch`s are the exception.. Thanks for making my point for me.

If your point is that one branch of the SEC shouldn't prosecute obvious violaters because others are getting away with it then sure, your point is made. I happen to disagree with that philosophy, but if that's how you feel then fair enough.

 

[BearRunner]

Oh, they are screwed. Jail time for those two.

Can u get in trouble for spoofing in jail?

Not if your pitching, only if your catching

 

[alfa8]

Why Goldman was excused in the Greek deal? where is the FBI in that case?????

by the way; there are dozens of Tim Sykes followers who are doing just what these two fellows was caught doing (including Tim Sykes himself). They run forums to coordinate **attacks** on penny stocks on daily basis. They all hammer it together at the same time; till it bleeds.

It is pretty much the same scheme; but on a larger scale.

It is turning onto a pyramid scheme; where Tim or one of the boys; announces that a particular penny stock is of interest; of course; afer the fact that he has shorted it already. The dumb followers then jump on the band wagon; to accelerate the decline.

 

[SoesWasBetter]

Twitter filled with scammers that commit worse crimes daily. No one cares?

 

[alfa8]

Twitter filled with scammers that commit worse crimes daily. No one cares?

Totally agree

What about the biggest lie of them all; Iraq weapon of mass destruction; the biggest lie and war crime ever committed; and by a US president; George Bush.

FBI should focus all their attention on their bosses