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Full Text Of Rakoff Order Exposing SEC's Corruption And Cronyism
ZeroHedge.com ^ | September 14, 2009 | Tyler Durden

Posted on 09/15/2009 12:23:28 PM PDT by khnyny

One of those hopefully seminal moments, when someone, somewhere decided to take a stand against the perpetual engine of corruption, greed, and cronyism. From Judge Rakoff's Order

For example, the Consent Judgment would effectively close the case without the S.E.C. adequately accounting for why, in contravention of its own policy, see Order, 8/25/08 (quoting the policy), it did not pursue charges against either Bank management or the lawyers who allegedly were responsible for the false and misleading proxy statements...

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government
KEYWORDS: business; corruption; sec; wallstreet

1 posted on 09/15/2009 12:23:29 PM PDT by khnyny
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