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To: bvw
You can't answer my question,but throw up a stupid straw man. Just as I suspected,you would rather grouse about some story that sticks in your craw,that has NOTHING at all to do with the matter.

If that woman churned accounts/stole from them, it can be proven,she can be tried and sent to jail.

Thank you proving,yet again,that you know/understand nothing at all about this topic! :-)

519 posted on 03/05/2005 5:58:44 PM PST by nopardons
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To: nopardons
Story two. Savings and Loan. Clubhouse board. Big men in small town. Trustee old ladies' accounts. Performance -- quite well, thank you. For the club. Many projects close-to-vest loans for the club, and friends. Fees juicy, risk -- well, they're loans after all, not CD's. For the inheritors. Sorry, charlie. Many tough losses -- you know how it is. Bad loans. Defaults. Here's the power of Attorney letter, btw. All signed and neat.

All legal. By the letter.

Big help the regulators, eh?

520 posted on 03/05/2005 7:49:36 PM PST by bvw (Team USA!)
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To: nopardons
Fraud, theft, murder, kidnapping -- all real felonies. Failure to perform as a fiduciary agent -- could be a felony, depends -- always a civil recourse.

All above -- crimes before the SEC "watchdogs" before the securirty regulations.

Did the damn SEC and the damnable regulations stop one iota of loss in 2000? Millions of folks lost billions in total -- the damn regulators still collect their pensions and kept their sinecures. False watchdogs. Last week -- my money was returning 1000% in Vancouver. The free market. Or freer. At least.

521 posted on 03/05/2005 7:55:13 PM PST by bvw (Team USA!)
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