To: Enterprise
I'm willing to bet that he's making a killing selling short.If that is true, he would be looking at 10 years in federal prison, minimum, and a lifetime ban from the securities industry.
If bernie Ebbers couldn't get away with securities fraud, this guy won't either.
Especially when he can help Eliot Spitzer make headlines in NY.
6 posted on
05/19/2005 1:06:49 PM PDT by
wideawake
(God bless our brave troops and their Commander-in-Chief)
To: SierraWasp; Grampa Dave
looks to be good news on the energy front.
7 posted on
05/19/2005 1:08:16 PM PDT by
roaddog727
(The marginal propensity to save is 1 minus the marginal propensity to consume.)
To: wideawake
He can always claim that he was acting on the information he had at the time, and of course, he can remind people that the market has "risk," and that a prudent trader should always have his trades covered.
10 posted on
05/19/2005 1:20:20 PM PDT by
Enterprise
(Coming soon from Newsweek: "Fallujah - we had to destroy it in order to save it.")
To: wideawake
No, he is an
analys;, it is his "informed opinions." There is nothing illegal about this, and in fact it is a primary motivation of all of the so call "financial experts" that you see on the tube. The whole lot of them could not manage 3 gas stations simultaneously.
Such is our commercial life these days.
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