First and foremost Bernie Madoff – not that it is right what they did. However, what you did, you are lucky you got life and not stoning by the general public!
IJ says Hipps “misappropriated” info from his wife, who worked for Safeco. Wonder if she lost her job like the SEC employee did??? If so, I guess she’s seriously mad!
Interesting timing….So, Mr. Khuzami, Director of SEC Enforcement, says these schmucks were “greedy” reckless and without regard for the law…. fines them large sums. Secretaries and all.
Where was Khuzami, when his own SEC enforcement officals were “inappropriately trading” themselves, AS PER THE SEC INSPECTOR GENERAL REPORT……guess he wasn’t busy Directing.
The timing is curious….Congress just signed into law HR 682 which is all about making it illegal for CONGRESS to engage in insider trading..(thought that was illegal already)…..apparently Congress was curious about the SEC breaking the law, so Congress made a law to remind themselves that Congress was not ABOVE THE LAW.
Great film reference, Mortimore.
i cannot for the life of me believe that the SEC let these guys go, and i am in jail for the rest of my life.
Just ask Martha Stewart about that…….
Guess they’re lawyers were better then hers-
just forgot to click the notification box
First and foremost Bernie Madoff – not that it is right what they did. However, what you did, you are lucky you got life and not stoning by the general public!
Great movie!
IJ says Hipps “misappropriated” info from his wife, who worked for Safeco. Wonder if she lost her job like the SEC employee did??? If so, I guess she’s seriously mad!
Wonder when their divorce is final????
Interesting timing….So, Mr. Khuzami, Director of SEC Enforcement, says these schmucks were “greedy” reckless and without regard for the law…. fines them large sums. Secretaries and all.
Where was Khuzami, when his own SEC enforcement officals were “inappropriately trading” themselves, AS PER THE SEC INSPECTOR GENERAL REPORT……guess he wasn’t busy Directing.
The timing is curious….Congress just signed into law HR 682 which is all about making it illegal for CONGRESS to engage in insider trading..(thought that was illegal already)…..apparently Congress was curious about the SEC breaking the law, so Congress made a law to remind themselves that Congress was not ABOVE THE LAW.
HOPE AND CHANGE FOR 2012!