Kerry Promises to Crack Down on Crime in Corporate Offices [Last Ditch Effort to Get Numbers Up]

New York Times ^ | 12/12/03 | DAVID M. HALBFINGER

[TastyManatees]

Kerry Promises to Crack Down on Crime in Corporate Offices
By DAVID M. HALBFINGER

OSTON, Dec. 11 — Senator John Kerry said on Thursday that he would crack down on abuses in the mutual fund industry if elected president and called for expanding the antiracketeering laws to fight a "new age of organized crime that comes from corporate offices."

Speaking at Northeastern University, Mr. Kerry, a Massachusetts Democrat, said he would end the rapid-fire, quick-turnaround trades known as market timing, in which fund managers and big investors have been allowed to profit at the expense of long-term shareholders.

"In America it shouldn't matter whether you're rich or poor, it shouldn't matter whether you're a wealthy investor or a family saving for retirement," he said. "There should be equal opportunity for all instead of special privileges for the few."

...

[TastyManatees]

Yeah, this campaign's going somewhere. John Kerry's campaign has apparently just discovered last year's hot issue. Perhaps they think people care enough about mutual funds to give him a boost in the polls. Right. Run a campaign against corporate mismanagement and corruption, just as the Dow breaks 10,000 and people's investments start making serious money again, that'll get some votes...

Tasty Manatees

[gathersnomoss]

Whoa, don't F with Kerry. He Is series.

[2banana]

I suggest starting with Global Crossing, Cattle Futures, Madision Savings and Loan and Loral.

[palmer]

He lacks the class warfare instincts of his fat co-senator, but at least he's trying.

[Tijeras_Slim]

Don't forget George Soros.

[bobjam]

In John F'in Kerry's world, the only appropriate way to make money is to marry it.

[verity]

Senator John Kerry said on Thursday that he would crack down on abuses in the Congress if elected president and called for expanding the antiracketeering laws to fight a "new age of organized crime that comes from Congress."

:~)

[Guillermo]

Inerited wealth = good

Earned wealth = bad

[Loyal Buckeye]

John Kerry has dwarfitas.

[Roughneck]

"There should be equal opportunity for all instead of special privileges for the few."




There is equal OPPORTUNITY for all Kerry-boy, what you want is socialism - I hear Canada needs a new leader, why dontcha go there and spew your vile nonsense. . .

[Let's Roll]

That is such cr*p. The implication is that the current administration and or culture in general just gives a pass to corporate corruption.

[prairiebreeze]

"In America it shouldn't matter whether you're rich or poor, it shouldn't matter whether you're a wealthy investor or a family saving for retirement," he said

Precisely why he married a such a modest, low to mid-income woman I presume. Oh wait a minute, maybe it was Loooove!

Prairie

[.cnI redruM]

He also became concerned about outsourcing and the WTO. Last week. His statements on Kyoto, the IBM Treaty and Global Warming are soon to follow...

[finnman69]

"I'm gonna get those rich f***king criminals!"