COMMON PEOPLES SOURCE for News » SEC

Other Interesting Headlines – Week of July 12, 2010

OldMan1 — Sat, 17 Jul 2010 21:01:41 +0000

Note: Due to post format, links will open in a new window.

CORRECTION: The Old Man quoted Goldman Sachs earning $550 million in just three days, when in fact it takes about 2 weeks for Goldman to earn those kinds of profits. Sorry for the error.

July 17, 2010

There’s been much ado about [...]

Other Interesting Headlines – Week of June 5, 2010

OldMan1 — Sun, 13 Jun 2010 15:25:06 +0000

What else happened during the week of June 5, 2010 [...]

Wall Street’s Woes

OldMan1 — Fri, 14 May 2010 00:34:39 +0000

Will Wall Street survive? [...]

Instead Of Policing Financial Industry, SEC Watches Porn

OldMan1 — Fri, 23 Apr 2010 00:52:16 +0000

So this is what our SEC is doing. We knew they had to be doing something because they certainly haven’t been doing their job. [...]

Goldman Sachs’ Lies Over Civil Suit

OldMan1 — Tue, 20 Apr 2010 23:46:02 +0000

The first lie broadcast usually prevails – that is, until it’s too late. [...]

Goldman Sachs, SEC and Financial Reform

OldMan1 — Sun, 18 Apr 2010 01:45:54 +0000

April 17, 2010

Lloyd Blankfein

Goldman Sachs — well known in certain circles as Government Sachs and headed up by Lloyd Blankfein — is being sued by the Securities and Exchange Commission. The suit is a civil one (which is all the SEC can charge), but many knowledgeable people say there are reasons to [...]

Let’s Punish The Building – Not The Owners

OldMan1 — Wed, 16 Sep 2009 14:33:06 +0000

What the SEC wants to do is punish the building. You know; the “symbol”; not those who are responsible. [...]

Federal Judge Rakoff Doesn’t Stand A Chance

OldMan1 — Wed, 26 Aug 2009 14:38:33 +0000

If he and the SEC’ definition of justice is a lousy $33 million fine with no one being personally held accountable, then “the nation’s top Wall Street cop” really is in an “awkward” spot. In fact, the “spot” is much more than awkward; it’s outright insulting. [...]

Bernie Madoff – How Many More Knew? How Many More Were Involved?

OldMan1 — Wed, 12 Aug 2009 00:51:09 +0000

Why the hell isn’t someone from the SEC not in jail! [...]

Random Thoughts on Other Notable Headlines of the Day — Issue XXXVIII

OldMan1 — Tue, 11 Aug 2009 19:04:49 +0000

Rachel Beck of The Associated Press is saying the same; “[SEC] is like a traffic cop ticketing a speeding care instead of its driver”. She quotes Thomas Gorman of Porter Wright Morris & Arthur as saying “if the SEC really wants to regain its title of top cop, then it will have to prosecute individuals involved. Big fines [to companies] won't stop bad behavior”. [...]