Post by sandi66 on Apr 9, 2009 13:13:52 GMT -5
By: AlanC
09 Apr 2009, 08:06 AM EDT
Rating: Rate this post: Msg. 1182717 of 1182729
(Reply to 1182716 by pontiyak)
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email sent to Casey this morning fwiw:
From: ECame71225
To: caseyk@sec.gov
CC: schapirom@sec.gov
Sent: 4/9/2009 7:54:09 A.M. Eastern Daylight Time
Subj: Your comments made yesterday!
Dear Ms. Casey:
I must admit I was disappointed but not surprised to read the following quote attributed to you after yesterdays meeting: Kathleen Casey, one of the commissioners who voted to abolish the uptick rule, said she had not yet been persuaded that its repeal had anything to do with the economic and market conditions of the past 18 months.
Let me be brief and to the point. The SEC, yourself included, has had blinders on for years. This group of captured regulators has lost sight of the function they were designed to serve. You refuse to admit mistakes. You have chosen to ignore naked shorting for over ten years while investors were robbed and small companies destroyed along with their employees. You are industry puppets rather than regulators so much so guys like Bernie Madoff had you wound around his little finger. Heck, you guys even named a rule after him which benefited the industry at the expense of the investor.
The FTD's in the system continue to grow. In this day where checks can be cleared around the world in a matter of hours there should be a zero tolerance for FTD's. You continue to hide the failures at the DTCC rather than investigate them.
As an investor who has had substantial savings stolen by the crooks on Wall Street who operate with impunity, I blame you and the other regulators who have looked the other way for years. I am unsure how you sleep at night and frankly I think RICO charges should be filed against you and the other commissioners who failed to address the problem.
Did you read the recent letter of former commissioner Campos posted on the SEC website? If not you should and here is the link: www.sec.gov/comments/s7-30-08/s73008-108.pdf How could he be so sure and you still not convinced?
Be aware thousands of investors like me will not rest until justice is served!
Sincerely.
Alan S. Cameron
ECame71225@aol.com
You also should read this report several times and let the content sink in: investorprotectioncoalition.org/files/NIPC_SEC_OIG_Audit_Request_Letter_joint2.pdf
If you have the courage and a reasonably open mind you might also read this:
www.newgeography.com/content...Ms-credit-crisis
cc: schapirom@sec.gov
U.S. Senator Jack Reed
ragingbull.quote.com/mboard/boards.cgi?board=SRCI&read=1182717
09 Apr 2009, 08:06 AM EDT
Rating: Rate this post: Msg. 1182717 of 1182729
(Reply to 1182716 by pontiyak)
Jump to msg. #
email sent to Casey this morning fwiw:
From: ECame71225
To: caseyk@sec.gov
CC: schapirom@sec.gov
Sent: 4/9/2009 7:54:09 A.M. Eastern Daylight Time
Subj: Your comments made yesterday!
Dear Ms. Casey:
I must admit I was disappointed but not surprised to read the following quote attributed to you after yesterdays meeting: Kathleen Casey, one of the commissioners who voted to abolish the uptick rule, said she had not yet been persuaded that its repeal had anything to do with the economic and market conditions of the past 18 months.
Let me be brief and to the point. The SEC, yourself included, has had blinders on for years. This group of captured regulators has lost sight of the function they were designed to serve. You refuse to admit mistakes. You have chosen to ignore naked shorting for over ten years while investors were robbed and small companies destroyed along with their employees. You are industry puppets rather than regulators so much so guys like Bernie Madoff had you wound around his little finger. Heck, you guys even named a rule after him which benefited the industry at the expense of the investor.
The FTD's in the system continue to grow. In this day where checks can be cleared around the world in a matter of hours there should be a zero tolerance for FTD's. You continue to hide the failures at the DTCC rather than investigate them.
As an investor who has had substantial savings stolen by the crooks on Wall Street who operate with impunity, I blame you and the other regulators who have looked the other way for years. I am unsure how you sleep at night and frankly I think RICO charges should be filed against you and the other commissioners who failed to address the problem.
Did you read the recent letter of former commissioner Campos posted on the SEC website? If not you should and here is the link: www.sec.gov/comments/s7-30-08/s73008-108.pdf How could he be so sure and you still not convinced?
Be aware thousands of investors like me will not rest until justice is served!
Sincerely.
Alan S. Cameron
ECame71225@aol.com
You also should read this report several times and let the content sink in: investorprotectioncoalition.org/files/NIPC_SEC_OIG_Audit_Request_Letter_joint2.pdf
If you have the courage and a reasonably open mind you might also read this:
www.newgeography.com/content...Ms-credit-crisis
cc: schapirom@sec.gov
U.S. Senator Jack Reed
ragingbull.quote.com/mboard/boards.cgi?board=SRCI&read=1182717