Sorry Crawford, You're probably right, I got the posts crossed. The end of naked shorting and smear attacks probably will be a long battle. I'm not necessarily convinced that it will never end though, never is a strong term. It's all about the severity of the sentences. White collar thieves took notice when the Enron scam hit the fan cause it wasn't quite business as usual once the convictions, and mainly the sentences, were handed down. If the SEC is pressured in the proper manner, we just might see a huge reduction in just how much that type of crime pays. I reiterate, it's all about the penalties. Citibank and Capital One both had class action suits brought against them and were found guilty of delaying account payments in order to charge late fees and increase interest rates on accounts that they intentionally caused to be in default. You can't possibly believe that if they had been slapped down hard for what they did they would try it on again. No, the reason that it's likely that they will at some point is because they made way more cash with the scam than what they received in fines. If big money can manage to get something like Citizens United passed, then a large enough group of small businesses and some great attorneys should sure as hell be able to get some things passed to force the SEC to take the necessary steps to shut down the raping of huge cash from investors using American exchanges by no good sneak thieves.
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