Discussion in 'Politics' started by stock777, Mar 14, 2008.
Spitzer is not available right now
Naasa began in 2005. Doj has a bunch of stuff going. The one i know about is Sedona Corp and that was established in 12/03. There was a press release. And who knows where that is?
Thisis something I do know about, unfortunately. I t takes a long time. In this particular mess, someone told me that they, "cast a net looking for Tuna, and we get whales. If we don't get the top guy, they'll keep doing it."
Someone on CNBC, Gasparino, yesterday I believe, described the DOJ as "dispassionate". That says it. If they had moved 18 months ago on Naked Shorting, they would have nipped Subprime in the bud. But that is not their job. They don't care about stock prices, personalities, bullshit......... When they get the goods, when they know they can make the case, when they know they are airtight, they move.
If all the Prime Brokers go bankrupt, so be it in their world. But if Monday, they have what they need, a Grand Jury somewhere will issue subpoenas. That's the way it is.
This is nowhere near over.
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