Post by sandi66 on Sept 17, 2007 6:36:26 GMT -5
Repost: Posted by: dpatch 8/17/2007 9:19 AM
Now I may be a little jaded but are we not hearing more and more about past and present SEC employees getting caught conducting themselves improperly?
Consider that since June 2007 we have seen:
Ø Phillip W. Offill Jr, a former SEC enforcement official in the Ft. Worth Office of the Commission brought up on charges of engaging in a penny stock scheme.
Ø Robert Hanson Branch Chief SEC Division of Enforcement caught lying to the Senate Investigators in the Aguirre investigation. Lying in a Congressional inquiry is perjury violation under US Code Title 18.
Ø Paul Berger, Associate Director Division of Enforcement caught lying to the Senate Investigators in the Aguirre investigation. Lying in a Congressional inquiry is perjury violation under US Code Title 18.
Ø Richard Breeden, Hedge Fund Manager and former SEC Chairman caught submitting false and misleading proxy materials regarding his activist stake in H&R Block. To date we know of no SEC actions regarding the release of false and misleading materials.
And I would be remiss to not highlight my personal favorite:
Ø James Brigagliano, Asst. Director of Market Regulation and responsible for many of the gaffe’s pertaining to Regulation SHO submitted a document to Senator Paul Sarbanes in September 2005 in which he misrepresented the truth. He lied! investigatethesec.com/Sarbanes.htm
So while not all past and present employees of the SEC are crooks and criminals it is becoming abundantly clear that there does appear to be a hidden training session some attend whereby they learn to lie, cheat, steal for the personal betterment of themselves.
The Agency responsible for maintaining the integrity of the capital markets is littered with hacks passing off as caring individuals.
One can only hope that the Department of Justice takes on the responsibility of going after those that commit perjury from the confines of a federal office as vigorously as they did Martha Stewart when she engaged in a game of mis-direction for self-preservation.
As for actions of former Chairman Richard Breeden, maybe Mark Kreitman and Robert Hanson can separate themselves from the clout of Mr. Breeden will take a better look at this case than they did John Mack/Pequot. If they can hold their positions long enough.
Note to Linda Thomsen; If Breeden contacts you I would suggest you don’t take the call but if the Federal Authorities call you, don’t lie to protect your hide.
Now I may be a little jaded but are we not hearing more and more about past and present SEC employees getting caught conducting themselves improperly?
Consider that since June 2007 we have seen:
Ø Phillip W. Offill Jr, a former SEC enforcement official in the Ft. Worth Office of the Commission brought up on charges of engaging in a penny stock scheme.
Ø Robert Hanson Branch Chief SEC Division of Enforcement caught lying to the Senate Investigators in the Aguirre investigation. Lying in a Congressional inquiry is perjury violation under US Code Title 18.
Ø Paul Berger, Associate Director Division of Enforcement caught lying to the Senate Investigators in the Aguirre investigation. Lying in a Congressional inquiry is perjury violation under US Code Title 18.
Ø Richard Breeden, Hedge Fund Manager and former SEC Chairman caught submitting false and misleading proxy materials regarding his activist stake in H&R Block. To date we know of no SEC actions regarding the release of false and misleading materials.
And I would be remiss to not highlight my personal favorite:
Ø James Brigagliano, Asst. Director of Market Regulation and responsible for many of the gaffe’s pertaining to Regulation SHO submitted a document to Senator Paul Sarbanes in September 2005 in which he misrepresented the truth. He lied! investigatethesec.com/Sarbanes.htm
So while not all past and present employees of the SEC are crooks and criminals it is becoming abundantly clear that there does appear to be a hidden training session some attend whereby they learn to lie, cheat, steal for the personal betterment of themselves.
The Agency responsible for maintaining the integrity of the capital markets is littered with hacks passing off as caring individuals.
One can only hope that the Department of Justice takes on the responsibility of going after those that commit perjury from the confines of a federal office as vigorously as they did Martha Stewart when she engaged in a game of mis-direction for self-preservation.
As for actions of former Chairman Richard Breeden, maybe Mark Kreitman and Robert Hanson can separate themselves from the clout of Mr. Breeden will take a better look at this case than they did John Mack/Pequot. If they can hold their positions long enough.
Note to Linda Thomsen; If Breeden contacts you I would suggest you don’t take the call but if the Federal Authorities call you, don’t lie to protect your hide.
