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To: Travis McGee
Mr Bennett has been charged with defrauding investors by using a hedge fund to hide $430m (£250m) of debts owed to the firm.

Wasn't Sarbanes-Oxley supposed to protect us from this kind of thing?

67 posted on 10/15/2005 6:58:11 PM PDT by Moonman62 (Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
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To: Moonman62
Wasn't Sarbanes-Oxley supposed to protect us from this kind of thing?

LOL. So was the Investment Company act of 1934. So was the Federal Reserve Act. So was the SEC. So was the NASD. LOL. Need I go on?

108 posted on 10/16/2005 4:12:23 PM PDT by groanup (shred for Ian)
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