WSJ's Eisinger

Eichenwald's book on Enron gives good insight into how the SEC machine goes about figuring who to investigate.

Pretty much what appears in the WSJ goes to the top of the inbox. So its fairly likely that Feingold is answering a lot of email from the regulators.

Basically the SEC will look real silly if they don't have an case open on something that is being discussed in the national press.


Quote from BlueHorseshoe:

SEC doesnt' go after anybody unless they have to, and generally once there name is in black ink, as in Feingold's case, they'll have to ... And if he doesn't keep his shit togethor (perhaps gets a run on client $$ as happens regardless of so-called lock-ups) other funds could gun for him, i.e. dump on his stocks.

Long and short, this article seriously threatens his franchise ...
 
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