bump
Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm target Hillsdale?
You are way behind the curve. The SEC is actually helping to kill off the small boutique brokerage firms in this nation with over-regulation. This has been going on for 6 years at this pooint and is mostly being done by FINRA, the brokerage industry’s “self-regulatory organization.” It kicked into high gear after the merger of the NYSE regulators with the NASD in 2007. If you don’t believe me take at look at FINRA’s total membership count in July 2007 through today and further look at the number of new firms “admitted to membership” in that time period. The numbers are dismal.
Your government wants us all working for a huge corporation, a government agency, or drawing welfare. We are easier to keep quiet in our pens under that vision.
The U. S. Dept. of Education is not needed and should be abolished, in addition to which the federal government has ZERO constitutional authority for meddling in general elementary/secondary education.
The people at the SEC are too busy looking at porn...
/sarc
Megyn discussed today that the EDU is MANDATING that teachers “monitor” the students at home through the internet. Looking for “words” deemed unacceptable.
The EDU is encouraging STALKING of Children.
END THE EDU NOW!
Eisman has never been accused of illegal stock price manipulation. Selling a stock short is not illegal, nor is it stock price manipulation.
This article misses the point and looks as if it were written for an industry apologist, not a disinterested observer.
The fact is, many for profit colleges (most prominently Caplin), exist solely to defraud hapless students and taxpayers through scamming the student loan system. Their degrees are virtually worthless. Very few of their graduates and drop outs find decent employment. The companies spend far more of their revenues prospecting for more suckers than educating the ones they’ve already found. A huge percentage of former students default on federally guaranteed loans. The gullible student and the tax payer get screwed. The sister company of the Washington Post makes millions.
These diploma mill shouldn’t only be cut off from any eligibility for student loans; many of their officials should be arrested for fraud, convicted, and imprisoned for many years.
What does the Securities and Exchange Commission have to do with the Dept of Education? Someone is barking up the wrong tree.